Section 2: Outcomes and outputs information
Outcomes and output groups
The map below shows the relationship between government outcomes and the contributing outputs for the Corporations and Markets Advisory Committee (CAMAC). Financial detail for Outcome 1 by output appears in Table 2.1 while non-financial information for Outcome 1 appears in Table 2.2.
Output cost attribution
Each programme in CAMAC's programme structure is linked to one of its two outputs.
Map 2: Outcomes and output groups
Changes to outcomes and outputs
There are no proposed changes to the outcome or outputs.
Outcome 1 - Description
A fair and efficient market characterised by integrity and transparency and supporting confident and informed participation of investors and consumers.
Measures affecting Outcome 1
There are no measures for CAMAC in the 2003-04 Budget.
Outcome 1 - Resourcing
Table 2.1 shows how the 2003-04 appropriations translate to total resourcing for Outcome 1, including revenues from government (appropriations), revenue from other sources, and the total price of outputs.
Table 2.1: Total resources for Outcome 1
(1) C1 and E1 show the link back to Table 1.1.
Outcome 1 - Contribution of outputs
The output of CAMAC is similar to the first output of the Australian Securities and Investments Commission (ASIC) policy and guidance about the laws administered by ASIC. CAMAC focuses on the legislation related to corporations and financial markets, and its operations involve initiating major policy innovation in corporate law, reviewing procedural and other issues in current practice, and reviewing draft legislative policy and Bills. This is basic to achieving the Government outcome of fair and efficient financial markets characterised by integrity and transparency and supporting confident and informed participation of investors and consumers.
Performance information for Outcome 1
Table 2.2: Performance information for Outcome 1
Evaluations
There are no planned evaluation activities in the 2003-04 financial year.