Section 3: Budgeted financial statements
Section 3 presents budgeted financial statements which provide a comprehensive snapshot of Infrastructure Australia's finances for the 2017–18 Budget year, including the impact of Budget measures and resourcing on financial statements.
3.1 Budgeted financial statements
3.1.1 Explanatory notes and analysis of budgeted financial statements
Budgeted departmental income statement
Infrastructure Australia's expected expense budget is $11. 7m in 2017–18 and $11.6m in 2018– 19.
In 2017–18 Infrastructure Australia will continue to develop its corporate capability to support the provision of independent advice. This will include the growth of the internal capability of the organisation through a modest increase in staffing.
The expense budget reflects the work programs for Infrastructure Australia in 2017–18, including the provision of advice on nationally significant infrastructure matters, evaluation of project proposals and development of further research regarding the identification and application of best practice planning delivery and operation of Australia's infrastructure networks.