Reports
Actions for Volume Four 2015 Treasury and State Finances
Volume Four 2015 Treasury and State Finances
For the third consecutive year, the General Government and Total State Sector Accounts received an unqualified auditor’s opinion following more than a decade of qualifications. Errors in agencies’ financial statements and the Total State Sector Accounts were corrected as necessary to ensure compliance with Australian Accounting Standards and the requirements of the Public Finance and Audit Act 1983. Improvements to year-end financial report
Actions for Volume Nine 2010 focus on Transport, Planning and Industry
Volume Nine 2010 focus on Transport, Planning and Industry
The report includes comments on his financial audits of NSW Government transport, planning and industry agencies for 2009-10. A key recommendation from the report is that the New South Wales Government identify lessons learnt from the metro experience and ensure that future decision processes are developed to ensure the State never again expends such a large amount of scarce transport funding dollars and valuable time on a project that does not proceed.
Actions for Volume Three 2010 focus on Total State Sector
Volume Three 2010 focus on Total State Sector
The final Budget result for 2009-10 was a surplus of $994 million, originally budgeted to be a $990 million deficit. If the Commonwealth Government’s capital stimulus funding had been excluded, the result would have been a deficit of $861 million. Employee costs (excluding superannuation costs) increased by approximately 3.5 per cent compared to 7.5 per cent in the prior year. “I have issued a qualified Independent Auditor’s Report as the State ha