Part 1 Purpose of Charter

1.   Purpose of Charter

The Charter of Budget Responsibility provides a framework to improve fiscal policy outcomes by requiring –

(a) a fiscal strategy statement based on principles of sound fiscal management; and

(b) regular reports to provide for the assessment of the Government's fiscal performance; and

(c) the publication of a pre-election financial outlook report; and

(d) a process for costing the election policies of parties represented in the House of Assembly.