Australian Competition and Consumer Commission
Section 1: Overview, variations and measures
Agency overview
There has been no change to the overview included in the 2004-05 Portfolio Budget Statements (page 73).
Additional estimates and variations to outcomes
The following variations contributed to a net increase in agency outputs of $0.6 million for the Australian Competition and Consumer Commission (ACCC).
Other variations to appropriations
The ACCC has a total variation to the price of outputs funding of $0.6 million as a result of:
- the transfer of responsibilities for the administration of product safety and related consumer information functions from the Treasury to the ACCC of $0.7 million; and
- the reduction of insurance premium estimates for Comcover of $0.04 million.
Map 2: Outcomes and output groups for the agency
Breakdown of additional estimates by appropriation bill
Table 1.2: Appropriation Bill (No. 3) 2004-05
(1) Original budget as shown in the 2004-05 Portfolio Budget Statements.
(2) Original budget as shown in the 2004-05 Portfolio Budget Statements plus section 32 transfers.
Table 1.3: Appropriation Bill (No. 4) 2004-05
Summary of staffing changes
Table 1.4: Average staffing level (ASL)
Summary of agency savings
Variations to revenue from other sources through net annotated (Section 31) receipts
Table 1.5: Changes to net annotated appropriations (Section 31) receipts
Agency and administered revenues
Table 1.6: Agency and administered revenues
Estimated special account flows
Table 1.8: Estimated special account flows
(1) The revised Opening Balance for 2004-05 (reference A) is the same as the final actual closing balance for 2003-04 (reference B). This balance may have changed from that shown in the 2004-05 Portfolio Budget Statements as the actual for 2003-04 will have been updated to reflect the final budget outcome for the year.
(2) The special accounts are departmental in nature and are governed by the Financial Management and Accountability Act 1997.
Note: In the 2004-05 Portfolio Budget Statements a special account was proposed for the operations of the proposed Australian Energy Regulator. Although the Australian Energy Regulator will be governed by separate enabling legislation it will no longer be treated as a special account.