Public Governance, Performance and Accountability Act 2013 (PGPA Act) requires that Commonwealth entities and companies publish four-year rolling corporate plans on an annual basis.
Public Governance, Performance and Accountability Rule 2014 (PGPA Rule) establishes the minimum matters to be included in the corporate plan, annual report and the annual performance statement.
The corporate plan is required to include a description of the objectives, functions or role of the agency purposes of the entity or company. Corporate plans must also summarise the performance measures (quantitative and/or qualitative) that the agency will use to assess its performance against those purposes.
The annual report is required to include an annual performance statement against the metrics in the PBS. The PBS provides information on the proposed allocation of funds to achieve government outcomes. They include budget statements for the relevant department as well as agencies working under the portfolio. FSANZ works under the Australia Department of Health portfolio.
In addition, non-mandatory but recommended performance information to be reported by the agency is outlined in
Resource Management Guide (RMG) No. 131 – Developing good performance information. This guidance describes the considerations to identify good performance information and the process that allows to meaningful performance story to be told.