House of Representatives Standing Committee on Financial Institutions and Public Administration
Review of ANAO Audit Report No. 6 1996/97: Commonwealth guarantees,
indemnities and letters of comfort
The Committee tabled its report
Review of ANAO Audit Report No. 6 1996/97:
Commonwealth guarantees, indemnities and letters of comfort on 29 September
1997. Copies of the
full report are available in
PDF
format (103KB) and from the
Committee
Secretariat.
(To view or print the PDF document, you will require the Acrobat PDF
Reader, which can be downloaded free of charge from Adobe.®)
A full
copy of audit report No. 6 (PDF format) on which the inquiry was based is available
from the Australian National Audit Office site. A summary of the audit
it as the front of that report.
Government response to the Committee's
report was tabled on 26 May 1998.
Table of contents of report
FOREWORD
MEMBERS OF THE COMMITTEE
TERMS OF REFERENCE
RECOMMENDATIONS
ACRONYMS AND ABBREVIATIONS
CHAPTER 1: INTRODUCTION
- CHAPTER 2: COMMONWEALTH EXPOSURE
Extent of Commonwealth contingent liabilities
Power to incur liabilities
- CHAPTER 3: MANAGEMENT AND MONITORING ARRANGEMENTS
Role of the Departments
Preparation of formal instruments
Records management
Review and evaluation of contingent liabilities
Reporting
Importance of risk management planning in the public sector
Supervision of government business enterprises and statutory authorities
Non-compliance
Conclusion
Appendix 1: INDEX OF SUBMISSIONS
Appendix 2: LIST OF HEARINGS AND WITNESSES
(A copy of the public hearing
transcripts is available in PDF format)
Appendix 3: SALE OF THE MOOMBA TO SYDNEY GAS PIPELINE
Media releases
During the course of the inquiry the following media releases were issued
by the Committee:
Speeches
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