The Productivity Commission is a listed entity under the Public Governance, Performance and Accountability Act 2013.
Revenue from government decreased in 2018‑19 to $33.5 million ($34.3 million in 2017‑18). Revenue from other sources increased to $0.6 million ($0.5 million in 2017‑18).
Operating expenses increased in 2018‑19 to $34.0 million ($32.4 million in 2017‑18). The major expenses in 2018-19 were $26.2 million in respect of employee expenses, $6.7 million relating to supplier payments, and $1.1 million in asset depreciation, amortisation and related expenses.
Under the Australian Government’s net cash appropriation arrangements, individual agencies are not funded for depreciation or amortisation expenses through appropriation revenue. The operating result for 2018‑19 was a $1.1 million surplus, after excluding those depreciation and amortisation expenses.
Table 5 (above) provides a summary of financial and staffing resources. The agency resource statement is provided in the appendix at Cross-reference. The audited financial statements for 2018‑19 are shown in the Financial Statements, and include commentary on major budget variances.