Documents Library

Guidance on the application of AASB 2022-10 Amendments to Australian Accounting Standards – Fair Value Measurement of Non-Financial Assets of Not-for-Profit Public Sector Entities

This guidance relates to AASB 2022-10 Amendments to Australian Accounting Standards – Fair Value Measurement of Non-Financial Assets of Not-for-Profit Public Sector Entities (AASB 2022-10). AASB 2022-10 amends AASB 13 Fair Value Measurement (AASB 13), including adding authoritative implementation guidance and providing related illustrative examples, for fair value measurements of non-financial assets of not-for-profit public sector entities not held primarily for their ability to generate net cash inflows.

The content of this guidance will be included in an updated version of TPP21-09 Valuation of Physical Non-Current Assets at Fair Value (TPP21-09). Treasury intends to make consequential amendments to ensure that publication is consistent with this guidance.

AASB 2022-10 has been fully compiled into AASB 13. Therefore, paragraph references in this guidance are to AASB 13.

Evaluation of the NSW COVID-19 Voucher Programs

This report evaluates the NSW Government’s COVID-19 Stimulus Vouchers (the ‘voucher programs’).

The COVID-19 pandemic was an unprecedented public health crisis which affected all aspects of society and the economy. The federal and state/territory governments reacted quickly with a raft of interventions. The NSW Government’s voucher programs were a novel solution, implemented at scale and pace alongside other response programs. 

The purpose of the evaluation is to:

• assess whether the voucher programs were warranted
• examine the process of implementing the programs
• assess the extent to which the programs achieved their intended outcomes
• understand any unintended consequences
• capture any insights and lessons learned.

Multicultural Action Plan 2024-2027

NSW Treasury have launched the 2024-2027 Multicultural Action Plan aimed at ensuring Treasury reflects the diversity of the community we serve.

Gender Equality Action Plan 2024-2028

NSW Treasury have launched the 2024-2028 plan aimed to continue positioning Treasury as a a leader in progressing gender equality and diversity.

TIPP 5.18 Public Interest Disclosures Policy

This Public Interest Disclosures (PID) Policy has been developed in accordance with the provisions of the Public Interest Disclosures Act 2022 (PID Act). All agencies in New South Wales are required to have a PID Policy under section 42 of the PID Act.

Guidance on estimating a provision for paid parental leave enhancements

TIPP5.15 Compliance Incident Policy

This Compliance Incident Policy (Policy) outlines the process by which NSW Treasury (Treasury) manages potential compliance failures. This Policy forms part of Treasury’s Compliance Management Framework and must be read in conjunction with the Compliance Management Framework document.

Guidance on the Impact of the Delayed 2023-24 NSW State Budget on the Consideration of Going Concern

Faster Payment Terms Review

In December 2018, the NSW Government introduced the Faster Payment Terms (FPT) policy to help see registered business suppliers’ invoices1paid by in-scope departments within 20 calendar days. In January 2020, the NSW Government shortened payment times for registered small business suppliers to five business days. This commitment applies to undisputed and correctly rendered invoices up to $1 million.

Economic and outcomes evaluation of 2020 NSW Government COVID-19 Small Business Grants

In 2020, the NSW Government provided three grants to NSW small businesses in response to the public health restrictions introduced to manage the 2020 outbreak of COVID-19.