The Federal Budget 2014 2015 Impacts Risks Tools And Changes With Commission Of Audit And Henry...
Transcript of The Federal Budget 2014 2015 Impacts Risks Tools And Changes With Commission Of Audit And Henry...
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Federal Budget 2014 - 2015
Pre Budget PlanningThe message of the Federal Budget in May is that of a need or repair, Quotations of a “Budget Emergency”, “Sharing in the Pain” , “Ending of Entitlement” and “debt tax”, have raised concerns to all Australian and businesses alike. The Quality management tool and benchmarks have been used in the Henry Review and The Commission of audit. Recommendations from these tools are the basis for the setting on policy for years to come.
The austerity measures to be taken, highlights the forecast government department reductions from 890 to 584, in the form of a reduction or rationalisation by 65%.
2013 was one of the worst years that business had experienced as there was no direction from the government, and business would not undertake capital improvement works that impacted on the economy. Now we are hearing the term sticker shock or frightening of the business and private Sectors before the budget release, that looks to be a massive impact on all of Australian operations.
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Commission of Audit Below is the 20 recommendations from the commission of audit
Recommendation 1: Improved management of Commonwealth infrastructure
Recommendation 2: Commonwealth investment in infrastructure
Recommendation 3: Road user charging
Recommendation 4: Improving national transport regulation
Recommendation 5: Infrastructure funding for the States and local governments
Recommendation 6: Role of the Australian Public Service Commission
Recommendation 7: Public sector efficiency – improved spans of control
Recommendation 8: Public sector efficiency – Corporate services
Recommendation 9: Improving information on government programmes and public sector performance
Recommendation 10: Programme evaluation – systematic reviews as part of the Budget process
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Commission of Audit continued
Recommendation 11: Programme evaluation – rolling strategic reviews of major spending Programmes
Recommendation 12: Performance evaluation – rolling ‘audits’ of agencies
Recommendation 13: Clearer delineation between policy and service delivery
Recommendation 14: Reduce the number of non-principal government bodies
Recommendation 15: Further action on principal government bodies
Recommendation 16: Commonwealth grant programmes
Recommendation 17: Parenting Payment Single – establishing a new benchmark
Recommendation 18: Better targeting assistance to students
Recommendation 19: Better aligning working-age payments
Recommendation 20: Reforming education supplements
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Grattan Institute Recommendations
Recommendation 1: Extend the GST to private spending
Recommendation 2: Raise Pension and super age to 70
Recommendation 3: Include owner occupied housing in aged pension test
Recommendation 4: Remove payroll tax threshold
Recommendation 5: Reduce transport infrastructure costs
Recommendation 6: Abolish CGT Discount
Recommendation 7: Tax super earning for over 60’s
Recommendation 8: Halve the fuel tax credit
Recommendation 9: Fuel excise indexation
Recommendation 10: Remove negative gearing
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Grattan Institute Recommendations
Recommendation 11: CGT on owner occupied housing
Recommendation 12: Reduce super contribution tax concessions
Recommendation 13: Reduce support to industry
Recommendation 14: Federal royalties export tax to 50 percent above rent
Recommendation 15: Private health insurance rebate
Recommendation 16: Pharmaceutical spending
Recommendation 17: Cost effective medical treatments
Recommendation 18: Defense spending
Recommendation 19: Increase school class sizes
Recommendation 20: reduce student subsides for higher education
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Quality Assurance and Management Systems
Introduction to Corporate Management Systems
The ISO 26000 series of International Standards emphasise the importance of audits as a management tool for monitoring
and verifying the effective implementation of an organisation's quality and/or environmental policy.
Audits are also an essential part of conformity assessment activities such as external certification/registration and of supply
chain evaluation and surveillance.
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Management System RequirementsThe organisation shall establish, document, implement and maintain a
quality management system and continually improve its effectiveness in accordance with the requirements of this International Standard.
The organisation shall a) determine the processes needed for the quality management system and their application throughout the organisation , b) determine the sequence and interaction of these processes, c) determine criteria and methods needed to ensure that both the operation and control of these processes are effective, d) ensure the availability of resources and information necessary to support the operation and monitoring of these processes, e) monitor, measure where applicable, and analyse these processes, and f) implement actions necessary to achieve planned results and continual improvement of these processes.
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OutcomesA management system should have :
An effective audit program Scheduled audits on the basis of risk and importance of
processes Effective audit checklists Review and follow up corrective actions Management Review Meeting
You can also join our free webinar:
http://iso26000.net.au/webinar1/discover-the-power-of-auditing-for-small-business-registration
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Independent Inspections /FWR Group Pty LtdIndependent Inspections Pty Ltd
Mr. Peter Greenham
Qualifications:- Diploma of Civil Engineering- Associate Diploma of Laboratory
Operations- Diploma of Quality Management- Diploma of Business- Lead Environmental Auditor- Diploma of workplace training
and Assessment- NATA Asessor
Your Auditors and Trainers
P: 1300 857 149F: 1300 857 150
Team
Mr. Sydney LueM: 0423 234 [email protected]
Mr. Peter GreenhamM: [email protected]