​The Charter of Budget Responsibility Act 2007 (the Act) establishes the requirements for the preparation and release of a Pre-Election Financial Outlook Report.

Part 5 of the Act requires the Secretary of the Department of Treasury and Finance to review and make an assessment of material movements since the most recent published estimates for the current Budget year and the following three financial years.

If the estimates do not vary materially from the information presented in either the Revised Estimates Report or Budget Papers, whichever is more recent, the Secretary must inform the Premier and publicly release a notice that no report will be issued.

If the estimates vary materially from the information presented in the Revised Estimates Report or the Budget Papers, whichever is more recent, the Secretary must prepare a report within ten business days of the commencement of the election costing period. This report must be provided to the Premier and must also be publicly released.

In accordance with Part 5 of the Act, the Secretary determined that a Pre-Election Financial Outlook Report was required. The Pre-Election Financial Outlook Report was released on 28 February 2024.​

The Report should be read in conjunction with the 2023-24 Budget Papers and the 2023-24 Revised Estimates Report (including the December Quarterly Report).

​

 Pre-Election Financial Outlook Report - February 2024 (PDF 628Kb)​