This is the last Treasury Annual Report to incorporate performance reporting against program structures and objectives under Program Management and Budgeting. The next Annual Report will report performance against outcomes, outputs and performance information contained in the 1999-2000 Portfolio Budget Statements (PBS).
The report describes Treasury’s performance in relation to the program objectives and resource use set out in the 1998-99 PBS: the stated objective of the Treasury program is therefore that given in the 1998-99 PBS. The performance reporting does not extend to the activities of the Royal Australian Mint (the Mint) which, although a Division of Treasury, is not budget-funded and is not included separately in the PBS. Information in appendices (for example, staff numbers or expenditure on advertising) does not include information relating to the Mint unless expressly stated. The Mint publishes its own annual report.