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Appendix D: Pro-forma public release of costing

Date

Note: An electronic version of this pro-forma can be found on the Election Costings website.

Summary of costing:

 

Person making the request:

 

Date of request:

 

Name of policy to be costed:

 

Date of public release of policy:

 

Costing request provided by the Prime Minister/Leader of the Opposition/Leader of a minority party:

 

Additional information requested
(including date):

 

Additional information received
(including date):

 
Financial implications (outturn prices)(a)
Impact on Current financial year Current financial year + 1 Current financial year + 2 Current financial year + 3
Underlying cash balance ($m)        
Fiscal balance ($m)        

(a) positive number for the fiscal balance indicates an increase in revenue or a decrease in expenses or net capital investment in accrual terms. A positive number for the underlying cash balance indicates an increase in revenue or a decrease in expenses or net capital investment in cash terms.

Where relevant, state that the proposal has been costed as a defined or specified amount.

Where relevant, include separate identification of revenue and expense components.

Where appropriate, include a range for the costing or sensitivity analysis.

Qualifications to the costing (including reasons for the costing not being comprehensive).

Where relevant, explain effects of departmental expenses.

Where relevant, explain the reason for any significant differences between the assumptions specified in a party costing request and those used in a Treasury or Finance costing.

Other comments (including reasons for significant differences between the estimated impact on the fiscal and underlying cash balances).

Background information

Costing methodology used:

Costing techniques.

Policy parameters.

Statistical data used.

Behavioural assumptions used (as appropriate).