Accessing the Treasurer's Advance for the COVID-19 response

Overview

The Treasurer's Advance is a mechanism to provide Parliamentary and legal authority for the government to meet urgent expenditure claims.

This assurance review under section 20 of the Audit Act 1994 will focus on the $12.8 billion advanced to the Treasurer for the 2019–20 financial year ($2.8 billion in the Appropriation (2019–2020) Act 2019 and $10 billion in the Appropriation (Interim) Act 2020). Our review will examine the adequacy of controls and processes for requesting and gaining access to the Treasurer's Advance for 201920 and the operation of those processes and controls for a selection of advances.

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