The Territory has a range of fiscal reporting requirements imposed both internally and externally. The key internal stakeholders include the Treasurer, Parliament, Cabinet, and Government Agencies, while some of the key external stakeholders include the Australian Bureau of Statistics, credit rating agencies, the Commonwealth Grants Commission and the general public. Treasury provides fiscal reporting under the framework of the Fiscal Integrity and Transparency Act and the Financial Management Act. This framework specifies reporting requirements, both in terms of content and timing, and prescribes reporting responsibilities. This framework enables Treasury to meet Government accountability requirements through the provision of meaningful information to facilitate better informed decisions that improve fiscal policy outcomes. Importantly, transparent financial reporting enables the public to scrutinise the Government's fiscal policy and performance through comparison of the Government's fiscal strategy, Budget forecasts and outcomes.
Key fiscal reports include:
| - | financial reports for inclusion in Northern Territory Budget Papers; | |
| - | the Mid-Year Fiscal Outlook Report; | |
| - | the Treasurer's Quarterly Financial Report; and | |
| - | the Treasurer's Annual Financial Report. |
View Financial Reporting publications here.