Revised Treasurer's Instructions relating to procurement, construction and disposals. 1.3.2012
The 2011-12 Mid-Year Financial Report is now available. 15.2.2012
The second Progress Report 2011-12 Budget Savings Strategies. 15.2.2012
riskmatters - the December 2011 issue is now available. 15.2.2012
The 2012-13 Tasmanian State Budget Community Consultation Submission Guidelines. 19.11.2011
The Tasmanian Risk Management Fund Annual Report 2010–11. 8.11.2011
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| Revised Treasurer's Instructions relating to procurement, construction and disposals 1.3.2012
Several Treasurer's Instructions relating to the procurement of goods and services and building and construction/roads and bridges and disposals have been revised.
Treasurer’s Instructions are directions for Tasmanian public servants on how to manage Government business with sound financial management principles. This includes items such as how to buy and sell goods and services, how to manage accounts, and the operation of Government businesses.
The 2011-12 Mid-Year Financial Report is now available. 15.2.2012.
The Mid-Year Financial Report reflects the latest trends in revenue and expenses, including the Australian Government estimates of GST, and their effect on the 2011-12 Budget.
GST revenue from the Australian Government has continued to fall, with a further decline of $13.4 million in 2011-12.
State Tax receipts have also fallen by $18.3 million in 2011-12, primarily due to reduced conveyance duty revenue resulting from a continued downturn in the Tasmanian property market.
The Budget has lost $26.6 million in revenue from duty on conveyances due to the weaker property market but a rise of $9.8 million in payroll tax reflects ongoing strength in the labour market.
The Report also points to growing private business investment and a positive outlook due to large investments in dairy, irrigation and Hydro’s $400 million Musselroe wind farm.
Despite the high dollar and challenging global market, international exports have been growing and Tasmania’s Gross State Product is still expected to rise by 1.5 per cent in 2011-12.
The Report forecasts continued growth in employment and predicts that unemployment will remain below six per cent.
The second Progress Report 2011-12 Budget Savings Strategies15.2.2012
The second report on the implementation of the Government’s savings strategies was released today detailing what progress has been made to the end of December 2011.
Since the release of the 2011-12 Budget, the global economic downturn has meant an ongoing reduction in the amount of GST that Tasmania receives from the Australian Government with a further decline of $13.4 million in 2011-12.
State Tax receipts have also fallen by $18.3 million in 2011-12, primarily due to reduced conveyance duty revenue resulting from a continued downturn in the Tasmanian property market.
With revenue falling, the Government has continued with the Budget Savings Strategies detailed in the 2011-12 Budget, to reduce Government expenditure and ensure the State returns to a sustainable financial position over the medium-term.
riskmatters - the December 2011 issue is now available. 20.12.2011.
The harmonisation of Australia’s OHS framework and the key changes for Tasmanian workplaces is reviewed in the December 2011 issue of riskmatters.
The newsletter also reports on some rather unusual assets revealed in this year’s agency asset review.
In procurement news, changes have recently been made to the Treasurer’s Instructions covering contract security (TI 1228) and whole-of-government contracts/arrangements (TI 1112).
The 2012-13 Tasmanian State Budget Community Consultation Submission Guidelines . 19.11.2011
The Tasmanian State Budget Community Consultation Submission Guidelines provide assistance for those who want to have a say in the decisions that affect the Tasmanian Budget.
They provide advice on making a written submission and provide the context in which the 2012-13 Budget will be developed.
The Government wants input from peak community organisations, as well as from individuals and other organisations and parties making a submission are strongly encouraged to read the guidelines.
Every year the Tasmanian Government consults widely with the community to develop the Budget for the following year. This ensures that all Tasmanians can be involved in the Budget decisions affecting the direction of the State.
The Tasmanian Risk Management Fund Annual Report 2010–11 8.11.2011.
In 2010-11, gross contributions to the Fund totalled $42.8 million. Personal injury contributions increased sharply as a result of amendments to the Workers Rehabilitation and Compensation Act 1988 and to fund the shortfall of assets in this risk area.
Both general property and Housing Tasmania contributions increased substantially in 2010-11, reflecting unfavourable claims experience in these risk categories. However, a considerable improvement in medical liability claims data resulted in a significant reduction in medical liability contributions for 2010-11, ending several years of material increases in this category of risk.
Contributions for the other risks were similar to the previous year.
The Tasmanian Risk Management Fund is the Tasmanian Government’s self-insurance fund. All inner-Budget agencies are required to participate in the Fund. Subject to their date of joining, agencies are covered for identified risks to which they are exposed or for which they wish to accept responsibility and which the Fund agrees to cover. |
