Part C
agency additional estimates statements

Productivity Commission
Section 1: Overview, variations and measures

Overview

There has been no change to the overview included in the 2003-04 Portfolio Budget Statements (page 229).

Additional estimates and variations to outcomes

The following variations contributed to a net increase in agency outputs of $0.143 million for the Productivity Commission (the Commission).

Measures

Outcome 1 — Well-informed policy decision-making and public understanding on matters relating to Australia’s productivity and living standards, based on independent and transparent analysis from a community-wide perspective

Budget estimates — enhanced quality and timeliness

The Government will provide additional funding to agencies of $88.5 million over five years (including $0.1 million in 2007-08) to implement the Budget Estimates and Framework Review (BEFR) recommendations. This funding includes capital of $7.4 million over four years.

In the 2003-04 Budget the Government made provision for $78 million over five years to improve the accuracy, responsiveness and effectiveness of agencies’ contribution to the Commonwealth’s budget estimates and framework system and to assist agencies to drive improved financial management and reporting within their organisations. The Government has provided an extra $10.5 million over five years to fund agencies to implement the BEFR recommendations.

Other variations to appropriations

The Commission is seeking additional price of outputs funding of $0.023 million for supplementation funding to cover increased insurance premiums levied by Comcover.