Infrastructure and Project Financing Agency

Section 1: Entity overview and resources

1.1 Strategic direction statement

The Infrastructure and Project Financing Agency (IPFA) was established on 1 July 2017 to leverage private sector investment in infrastructure and to support the Australian Government in achieving the maximum benefit for taxpayer funds applied to nationally significant infrastructure projects.

As the Australian Government's independent infrastructure and project finance executive agency, IPFA provides independent advice on infrastructure investments to the Cabinet and Portfolio Ministers and all agencies across government.

IPFA collaboratively works with stakeholders and agencies, state and territory counterparts and our industry partners to enable commercial excellence in infrastructure investments for the benefit of all Australians.

IPFA's purpose and strategic goals are available in IPFA's 2017–18 to 2020–21 Corporate Plan, available from www.ipfa.gov.au.

1.2 Entity resource statement

Table 1.1 shows the total funding from all sources available to IPFA for its operations and to deliver programs and services on behalf of the Government.

The table summarises how resources will be applied by outcome (government strategic policy objectives) and by departmental (for IPFA's operations) classification.

Information in this table is presented on a resourcing (i.e. appropriations/cash available) basis, whilst the ‘Budgeted expenses by Outcome 1’ table in Section 2 and the financial statements in Section 3 are presented on an accrual basis.

Table 1.1: Infrastructure and Project Financing Agency resource statement—Budget estimates for 2019–20 as at Budget April 2019

1.3 Budget measures

There are no Budget measures relating to IPFA detailed in Budget Paper No. 2—Budget Measures.

Table 1.2: Entity 2019–20 Budget measures

Part 1: Measures announced since the 2018–19 Mid-Year Economic and Fiscal Outlook (MYEFO)

This table is not provided as there have been no measures since MYEFO for IPFA.

Part 2: Other measures not previously reported in a portfolio statement

This table is not provided as there are no other measures not previously reported in a portfolio statement for IPFA.

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Budget 2019-20