- RMG 137 Annual reports for Commonwealth companies has now been finalised.
- RMG 132 Corporate plans for Commonwealth entities and RMG 133 Corporate plans for Commonwealth companies have been updated.
- RMG 130 Overview of the enhanced Commonwealth performance framework and RMG 134 Annual performance statements for Commonwealth entities have been updated.
- RMG 135 Annual reports for non-corporate Commonwealth entities and RMG 136 Annual reports for corporate Commonwealth entities have now been finalised
- Draft Quick Reference Guide for RMG 131 – Developing Good Performance Information has been released for consultation (comments due 5 August 2016 to PMRA)
- The revised model AAIs for non-corporate Commonwealth entities have been released after consultation with entities (available on the Finance website)
- The PGPA Act flipchart of Commonwealth entities and companies and the list of GGS, PNFC and PFC entities under the PGPA Act have been updated at 1 July 2016
- Draft RMG 214 – Notification of significant non-compliance with finance law (PGPA Act, section 19) has been released for consultation (comments are now closed)
The objectives of the Public Management Reform Agenda (PMRA) are to:
- develop a resource management framework that meets the needs of modern government now and into the future
- develop legislation that is functional, easy to understand and covers key elements of the resource management cycle with clear principles and concepts that underpin best practice
- improve the quality of planning, performance information, evaluation and reporting within government to enhance accountability
- implement a risk based approach to regulation within the resource management framework to enhance efficiency and effectiveness
- reduce red tape in administering government activities
- help ensure the Public Governance, Performance and Accountability Act 2013 (PGPA Act) operates as intended and
- encourage entities to work cooperatively with others to achieve the government’s priorities and objectives.
It will take several years to implement the PMRA reforms and integrate them fully into the practices and processes of Commonwealth entities and companies. Gradual and staged introduction of the reforms will ensure that each element is appropriately tested and refined in light of experience and consultation. The reform process has three broad stages. Stage 1, to establish the PGPA Act, is now complete. Stage 2 is now about:
- improving the quality of planning, performance information and evaluation within government to improve accountability to ministers, the Parliament and the public
- encouraging Commonwealth entities to adopt risk based business processes and systems.
More about the PMRA.
Finance offers a number of ways to stay engaged with the on-going progress of the PMRA reform agenda:
- PMRA Community of Practice
- PMRA Newsletter
- Reform speeches and publications
- Resource management training resources
To join the PMRA Community or subscribe to the PMRA Newsletter, contact us at PMRA@finance.gov.au