Documents Library

2021-22 NSW Intergenerational Report

TTRP21-07 The sensitivity of the NSW economic and fiscal outlook to global coal demand and the broader energy transition for the 2021 NSW Intergenerational Report

Coal mining is a major industry in New South Wales and a significant revenue source for the NSW Government. Most coal produced in New South Wales is exported and therefore the future of the industry is largely dependent on global demand.

In 2020, New South Wales’ three top thermal coal export markets – Japan, South Korea and China – all announced their intention to achieve net zero emissions by the middle of the century. Consequently, global demand and thus coal production is now projected to be significantly weaker than the long-term estimates presented in the 2016 NSW Intergenerational Report (IGR).

TTRP21-06 Secular Stagnation, the Long-Term Real Bond Rate Outlook and Policy Issues for NSW and Australia

This paper is offered as part of a series of technical research papers that unpack the key drivers of long-term economic growth and the fiscal outlook in the lead up to the 2021 NSW Intergenerational Report (IGR).

TC21-03 Accounting for Long Service Leave and Annual Leave

TC21-03 has been replaced by TPG24-23.

TPP21-05 Tax Equivalent Regime and Policy and Guidelines Paper

The purpose of the Tax Equivalent Regime and Policy (TPP21-05) is to ensure that NSW Government businesses that operate in competitive markets are subject to income tax equivalent payments, in accordance with the principle of competitive neutrality.

General Government Financial Statement - 31 Mar 2021

TIPP2.05 Code of Ethics and Conduct

This Code applies at all times when government sector employees are acting in the course of, or in connection with, NSW government sector employment. The Code also extends to conduct outside of work hours where that conduct may affect your employment. This includes conduct that is undertaken in a private capacity, but is inconsistent with your ability (or could reasonably be perceived to inconsistent with your ability) to fulfil your duties in your government sector role.

TPP21-03 Administered Items

TTRP21-05 An Indicative Assessment of Four Key Areas of Climate Risk for the 2021 NSW Intergenerational Report

Climate risks are expected to materially impact NSW’s long term economic and fiscal outlook. International financial institutions, including credit ratings agencies Moody’s and S&P Global, and central banks through the Network for Greening the Financial System, are increasingly considering climate risks as part of their long-term risk assessments.

Understanding the potential scale and direction of these impacts will improve the quality of estimates for the 2021 NSW Intergenerational Report (IGR) and contribute to prudent and transparent fiscal management.

TC21-02 Statutory Act of Grace Treasury Circular

This circular is superseded by TC22-01