Organization:Parliamentary Budget Office
| Agency overview | |
|---|---|
| Formed | 23 July 2012[1] |
| Jurisdiction | Australia |
| Headquarters | Canberra, Australia |
| Agency executive |
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| Website | www |
The Parliamentary Budget Office (PBO) is an agency of the Australian Parliament whose purpose is to "inform the parliament by providing independent and non-partisan analysis of the budget cycle, fiscal policy and the financial implications of proposals".[2][3] It was established by the Gillard government following minority government formation negotiations.[4][5] Following that commitment, a Joint Parliamentary Committee on the Parliamentary Budget Office was convened, chaired by John Faulkner.[6] The PBO's independence is enshrined in legislation.[7]
In 2013, Treasurer Wayne Swan introduced legislation requiring the PBO to conduct a post-election audit to cost political parties' electoral commitments.[8][9]
In its first independent report, the PBO noted that the Australian federal budget had an underlying structural deficit, caused in part by Howard government personal income tax cuts.[10]
See also
- Parliamentary Budget Advisory Service (South Australia)
- Legislative Analyst's Office (California)
- Congressional Budget Office (United States)
- Bureau for Economic Policy Analysis (Netherlands)
- Parliamentary Budget Officer (Canada)
- National Assembly Budget Office (The Republic of Korea)
- Office for Budget Responsibility (United Kingdom)
References
- ↑ "Case study - Parliamentary Budget Office" (in en-AU). Australian Government. http://www.naa.gov.au/information-management/digital-transition-and-digital-continuity/digital-excellence-awards/parliamentary-budget-office.aspx. Retrieved 13 December 2018.
- ↑ "Australia". OECD Journal on Budgeting 2015 (2): 31–48. 2016. http://www.oecd.org/gov/budgeting/Australia.pdf. Retrieved 18 January 2019.
- ↑ Parliamentary Service Act 1999 (Cth) s 64B
- ↑ Mulgan, Richard (13 September 2011). "Costing the promises: what is a Parliamentary Budget Office?" (in en). The Conversation. https://theconversation.com/costing-the-promises-what-is-a-parliamentary-budget-office-3061. Retrieved 18 January 2019.
- ↑ Taylor, Lenore; Murphy, Katharine; Pankhania, Madhvi; Bennett, Christian (27 June 2013). "Julia Gillard: a life in politics". The Guardian. https://www.theguardian.com/world/interactive/2013/jun/27/julia-gillard-career-timeline. Retrieved 14 December 2018.
- ↑ Burgess, Verona (31 March 2011). "PBO a no-brainer for Abbott" (in en). Australian Financial Review (Fairfax Media). https://www.afr.com/news/politics/national/pbo-a-no-brainer-for-abbott-20110401-ihyqx. Retrieved 18 January 2019.
- ↑ "The Functions and Impact of Fiscal Councils". International Monetary Fund. 16 July 2013. p. 47. https://www.imf.org/external/np/pp/eng/2013/071613.pdf. Retrieved 18 January 2019.
- ↑ Holmes, Brenton. "Hard days and nights: the final 147 days of the Gillard Government" (in en-AU). Parliamentary Library (Australia). https://www.aph.gov.au/About_Parliament/Parliamentary_Departments/Parliamentary_Library/pubs/rp/rp1314/GillardGovernment. Retrieved 18 January 2019.
- ↑ Swan, Wayne. "Press Release - Parliamentary Budget Office amendments pass the Senate [20/06/2013"] (in en). Australian Government. http://ministers.treasury.gov.au/DisplayDocs.aspx?doc=pressreleases/2013/092.htm&min=wms. Retrieved 18 January 2019.
- ↑ Griffiths, Emma (22 May 2013). "Hockey defends Howard government tax cuts" (in en-AU). ABC News (Australian Broadcasting Corporation). https://www.abc.net.au/news/2013-05-22/parliamentary-budget-office-joe-hockey-howard-tax-cuts/4706152. Retrieved 18 January 2019.
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