Fiscal Transparency Laws: Australia
6 states and 2 territories with fiscal transparency laws.
Drafted with AI
Drafted with AI from the cited sources under the direction of UnGovr staff. UnGovr holds editorial responsibility for this page. How this site is made
National Law
Australia
Charter of Budget Honesty Act 1998 + Public Governance, Performance and Accountability Act 2013
Australia's national fiscal framework rests on three primary statutes: the Charter of Budget Honesty Act 1998, which mandates the annual Economic and Fiscal Outlook, mid-year MYEFO update (by end of January), Final Budget Outcome (within 3 months of year-end), and Intergenerational Report (every 5 years); the PGPA Act 2013, which governs financial reporting and audit across approximately 240 Commonwealth entities on an accruals basis; and the Auditor-General Act 1997, which establishes the ANAO with a non-renewable 10-year term and full performance audit authority. Australia scored 78/100 on the IBP Open Budget Survey 2023, ranking 11th globally, with particular strengths in audit independence, procurement transparency via AusTender, and statutory mid-year fiscal reporting.
States & Territories
| Jurisdiction | Score |
|---|---|
| Australian Capital Territory |
66
|
| New South Wales |
71
|
| Northern Territory |
66
|
| Queensland |
73
|
| South Australia |
66
|
| Tasmania |
66
|
| Victoria |
73
|
| Western Australia |
66
|