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General Government Financial Statements – 31 January 2025

This monthly statement is released in compliance with section 7.15 of the Government Sector Finance Act 2018 (GSF Act).

That section requires budget time projections and year-to-date balances for the major General Government Sector aggregates disclosed in the Budget to be published for each month.

Budget Paper No. 1 Budget Statement contains the full details of the 2024-25 Budget, as well as budget scope and other explanatory information. The financial statements presented are prepared in accordance with Australian Accounting Standard AASB 1049 Whole of Government and General Government Sector Financial Reporting.

Figures in tables have been rounded. Discrepancies between totals and sums of components reflect rounding.

Figures rounded to zero will appear as zero (0). True zero are shown by ellipses (…).

Category: Financial Reports Topic: Economic and Financial Appraisal, Reporting, Financial Management Date: 27 February 2025

TPG25-01: Agency Direction for the 2024-25 Mandatory Early Close

This NSW Treasury Policy and Guidelines (TPG) defines the minimum requirements for the 2024-25 Early Close.

The objectives of this TPG are as follows:

  1. to identify the principles, practices, arrangements and procedures to be applied or followed by Agencies and their Chief Financial Officers to enable Consolidated government sector reporting to be prepared in accordance with Division 7.4 of the GSF Act;
  2. to enhance the efficiency of the financial reporting process and promote early identification and resolution of accounting issues; and
  3. to facilitate timely completion and improve the quality of government sector reporting.

This TPG outlines procedures to achieve the above objectives and facilitate early dialogue with Treasury and the Audit Office on significant accounting issues. These procedures form good practice that should in any case be carried out at appropriate points in the financial year. Agencies may wish to perform additional procedures as part of a strategy to improve the quality and timeliness of financial reporting.

Certain Agencies are participating in the 2024-25 Hard Close pilot with the effect that some procedures and due dates differ compared to the regular Early Close process.

Category: Treasury Policy and Guidelines (TPG) Topic: Accounting Policy Date: 26 February 2025

TPG24-31 Benefits Management Guide

Benefits management works best when applied early to help define a problem and identify options that align with initiative objectives. In line with the development of a business case, it supports refinement and comparison of options, and establishment of a monitoring and evaluation approach. Following investment decision, it tracks performance and is used to inform evaluation.

Category: Treasury Policy and Guidelines (TPG) Topic: Financial Management, Governance, Risk & Audit Date: 19 February 2025 Status: Current

TPG24-01 Management of NSW Government Payments

This Treasury Policy and Guidelines sets out GSF agency requirements for the State to achieve payment reform outcomes for:

  1. receiving payments from citizens and businesses,
  2. making payments to citizens, businesses, and suppliers and,
  3. additional supplier payments.
Category: Treasury Policy and Guidelines (TPG) Topic: Commercial Policy Date: 14 February 2025 Status: Current

General Government Financial Statements – 31 December 2024

This monthly statement is released in compliance with section 7.15 of the Government Sector Finance Act 2018 (GSF Act).

That section requires budget time projections and year-to-date balances for the major General Government Sector aggregates disclosed in the Budget to be published for each month.

Budget Paper No. 1 Budget Statement contains the full details of the 2024-25 Budget, as well as budget scope and other explanatory information. The financial statements presented are prepared in accordance with Australian Accounting Standard AASB 1049 Whole of Government and General Government Sector Financial Reporting.

Figures in tables have been rounded. Discrepancies between totals and sums of components reflect rounding.

Figures rounded to zero will appear as zero (0). True zero are shown by ellipses (…).

Category: Financial Reports Topic: Economic and Financial Appraisal, Reporting, Financial Management Date: 29 January 2025

General Government Financial Statements – 30 November 2024

This monthly statement is released in compliance with section 7.15 of the Government Sector Finance Act 2018 (GSF Act).

That section requires budget time projections and year-to-date balances for the major General Government Sector aggregates disclosed in the Budget to be published for each month.

Budget Paper No. 1 Budget Statement contains the full details of the 2024-25 Budget, as well as budget scope and other explanatory information. The financial statements presented are prepared in accordance with Australian Accounting Standard AASB 1049 Whole of Government and General Government Sector Financial Reporting.

Figures in tables have been rounded. Discrepancies between totals and sums of components reflect rounding.

Figures rounded to zero will appear as zero (0). True zero are shown by ellipses (…).

Category: Financial Reports Topic: Economic and Financial Appraisal, Reporting, Financial Management Date: 20 December 2024

TPG24-34 Carbon emissions in the Investment Framework

This document sets out the NSW Government Investment Framework requirements on carbon emissions. It also presents the carbon values that NSW Government agencies must use when valuing carbon emission impacts in cost-benefit analysis (CBA).
This set of carbon values is a non-market ‘shadow price.’ It is designed for internal use in government decision-making and will not impact the price of goods and services in the broader economy.

Category: Treasury Policy and Guidelines (TPG) Topic: General Date: 20 December 2024 Status: Current

General Government Financial Statements – 31 October 2024

This monthly statement is released in compliance with section 7.15 of the Government Sector Finance Act 2018 (GSF Act).

That section requires budget time projections and year-to-date balances for the major General Government Sector aggregates disclosed in the Budget to be published for each month.

Budget Paper No. 1 Budget Statement contains the full details of the 2024-25 Budget, as well as budget scope and other explanatory information. The financial statements presented are prepared in accordance with Australian Accounting Standard AASB 1049 Whole of Government and General Government Sector Financial Reporting.

Figures in tables have been rounded. Discrepancies between totals and sums of components reflect rounding.

Figures rounded to zero will appear as zero (0). True zero are shown by ellipses (…).

Category: Financial Reports Topic: Economic and Financial Appraisal, Reporting, Financial Management Date: 18 December 2024

General Government Financial Statements – 30 September 2024

This monthly statement is released in compliance with section 7.15 of the Government Sector Finance Act 2018 (GSF Act).

That section requires budget time projections and year-to-date balances for the major General Government Sector aggregates disclosed in the Budget to be published for each month.

Budget Paper No. 1 Budget Statement contains the full details of the 2024-25 Budget, as well as budget scope and other explanatory information. The financial statements presented are prepared in accordance with Australian Accounting Standard AASB 1049 Whole of Government and General Government Sector Financial Reporting.

Figures in tables have been rounded. Discrepancies between totals and sums of components reflect rounding.

Figures rounded to zero will appear as zero (0). True zero are shown by ellipses (…).

Category: Financial Reports Topic: Economic and Financial Appraisal, Reporting, Financial Management Date: 18 December 2024

General Government Financial Statements – 31 August 2024

This monthly statement is released in compliance with section 7.15 of the Government Sector Finance Act 2018 (GSF Act).

That section requires budget time projections and year-to-date balances for the major General Government Sector aggregates disclosed in the Budget to be published for each month.

Budget Paper No. 1 Budget Statement contains the full details of the 2024-25 Budget, as well as budget scope and other explanatory information. The financial statements presented are prepared in accordance with Australian Accounting Standard AASB 1049 Whole of Government and General Government Sector Financial Reporting.

Figures in tables have been rounded. Discrepancies between totals and sums of components reflect rounding.

Figures rounded to zero will appear as zero (0). True zero are shown by ellipses (…).

Category: Financial Reports Topic: Economic and Financial Appraisal, Reporting, Financial Management Date: 18 December 2024

Last updated: 28/02/2022