Housing assistance agency—recurrent expenditure

Guide for use:
For more explanation of and details on expenditure types, see the Detailed Economic Type Framework Classification in Australian System of Government Finance Statistics: Concepts, Sources and Methods, 2005.

Context:

To enable analysis of welfare expenditure at the national level.

There is a considerable interest in expenditure data at the national level from many different potential users.

This metadata item is based on relevant sections of the Economic Type Framework Classification (ETF) within the Australian Bureau of Statistics (ABS) Australian System of Government Finance Statistics (GFS). The GFS summarises the broad reporting requirements of government bodies for Public Sector Accounts. As part of these reporting requirements, governments need to obtain certain information from funded organisations. This metadata item is presented in the interests of facilitating reporting.

The ETF is based on established accounting principles and specifies an operating statement, cash flow statement, reconciliation statement, supplementary statement, intra-unit transfers other than revaluations and accrued transactions, revaluations and other changes in the volume of assets and, a balance sheet.

Origin:

Australian Bureau of Statistics 2005. Australian System of Government Finance Statistics: Concept, Sources and Methods (Cat. no. 5514.0). Viewed 13 October 2005.

Comments:

When fees charged for goods and services are offset against recurrent expenditure, the result equates to final consumption expenditure in the ABS national accounts framework.