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Glossary

budget analysis

Budget analysis is analysis that the PBO can be asked to provide about the budget or fiscal policy settings. This may include: information about the amount of money allocated to particular programs; details of the profile of spending on particular programs; or details of the different sub-components of expenditure or revenue associated with a particular program.

election commitment

In relation to a general election, this means a policy that a parliamentary party has publicly announced it intends to seek to have implemented after the election, as defined in section 7 of the Parliamentary Service Act 1999.

policy costing

Policy costings are the PBO’s estimate of the financial impact of a policy proposal.