Fiscal Transparency Laws — Australia
8 states & territories with fiscal transparency laws.
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
|