The Queensland Treasury Annual Report 2020-21 is an integral part of our corporate governance framework and one of the main tools we use to ensure we are accountable to the Queensland Parliament and the community about our activities.
These annual financial statement requirements include the Minimum Reporting Requirements and assist agencies in the preparation of their financial statements. The requirements provide updates on new and revised accounting policies and standards and additional guidance and advice on the application of such policies and standards.
The Treasurer and Minister for Investment, the Honourable Cameron Dick MP, tabled the 2021-22 Queensland Budget in Parliament on Tuesday 15 June 2021.
Our Queensland Treasury Strategic Plan 2021-2025 outlines how we will achieve our vision of a strong economy for all Queenslanders. It reflects our purpose to drive government priorities through our expert advice and services. Our objectives aim to grow the Queensland economy and create jobs, deliver fiscal sustainability, equip our workforce for the future and drive public sector reform.
Long Service Leave Central Scheme Guidelines provide details on scheme membership, LSL levy and claim processes and member agencies reporting responsibilities.
The Principles for Fees and Charges Policy provides agencies with broad guidelines on the setting of fees and charges. It includes discussion of general overarching principles, guidance and requirements for introducing new fees and charges and reviewing existing fees and charges, and Government’s indexation policy (incl. the fee unit model).
The purpose of the Cross-Agency Funding Framework (the Framework) is to outline the options available to Government and departments to fund cross-agency initiatives. Specifically, the Framework provides alternative models for how funding can be distributed to agencies, i.e. how best to get funding from the centralised Consolidated Fund out to departments (who then distribute funds to other entities where required). The models can be applied whether an initiative is funded from internal sources, from a reprioritisation of existing funding, or by new funding. Several agencies already utilise the Framework’s models, albeit on an informal basis.
The Framework provides for three broad types of funding models:
• Lead agency funding
• Multi-agency funding (simple), and
• Multi-agency funding (complex).
The funding approach adopted will depend upon the complexity surrounding the initiative, particularly the number of agencies involved.
The purpose of the Company Financial Reporting policy is to outline the annual financial reporting requirements for Public Sector companies established under the Corporations Act 2001.
This policy has been revised in June 2021 and is effective for reporting periods beginning on or after 1 July 2020.
The Non-Current Asset Policies for the Queensland Public Sector (NCAP) on this web page are mandatory for departments and statutory bodies (for reporting periods beginning on or after 1 July 2019). It is expected that agencies will adopt processes for their circumstances and operational characteristics.
Annual Leave Central Scheme Guidelines provide all member agencies with an overview of the operations of the Annual Leave Central Scheme, including the establishment and ongoing operations of the scheme.
This handbook has been prepared to aid departments and agencies in applying effective cash management concepts and principles in order to assist them in maximising the funds available to meet the social and economic objectives of the Government.
The Project Commencement Approval policy outlines the approvals required by a department prior to commencing a high-value project. Compliance with this policy is mandated by Cabinet decision.
Outlines policy, framework and approval process in relation to State Government asset leasing arrangements.
The Air Travel Indemnity Policy provides an ex gratia payment for Queensland Government employees who have received permanent injuries or have been killed in an aircraft accident whilst on official duties.