Section 3: Outcomes
General government sector (GGS) agencies are required to plan, budget and report under an outcomes structure. GGS agencies produce outputs (departmental items) and also administer items on behalf of the Government (administered items).
This section summarises how the resources identified in Section 2 will be used to contribute to the outcome for The Royal Australian Mint (the Mint).
3.1 Summary of outcomes and contribution to outcomes
The relationship between activities of the Mint and its outcomes is summarised in Figure 2.
Figure 2: Contributions to outcomes
There has been no change to outcomes and outputs structure of the Mint from the Portfolio Budget Statements 2006-07.
3.2 Outcome resources and performance information
3.2.1 Outcome 1 resourcing
Table 3.1 shows how the 2007-08 Budget resources translate to total resourcing for Outcome 1, including revenue from other sources.
Table 3.1: Total resources for Outcome 1
3.2.2 Measures affecting Outcome 1
The Budget measure for the Mint appears in Table 2.2. Detail of this measure is included in Budget Paper No. 2, Budget Measures 2007‑08.
3.2.3 Contributions to achievement of Outcome 1
The Mint aims to contribute to satisfying the RBA’s requirements for circulating coin by monitoring the forecasts and producing coin in response to the RBA’s needs. The Mint also aims to promote public understanding about the cultural and historical significance of coins. The Mint also provides advice on coin related issues.
Departmental outputs
The Mint delivers a single output — ‘coin production, associated policy advice and visitor services’.
3.2.4 Performance information for Outcome 1
The following table summarises the performance information for administered items, individual outputs and output groups relating to the Mint.
Table 3.2: Performance information for Outcome 1
3.2.5 Evaluations for Outcome 1
Evaluation and review activities planned by the Mint for 2007-08 include:
- the meeting of RBA forecasts are measured on a monthly basis;
- review of the cost of production and related pricing of products; and
- feedback will be sought from key stakeholders on a regular basis on the effectiveness of advice and visitor services.