The GSF Act and the Government Sector Financial Management Framework

The Government Sector Financial Management Framework will undergo its most substantial reform in more than 30 years with the proclamation of the Government Sector Finance Act 2018 (GSF Act). The GSF Act received assent and now the state can begin implementing the changes. 

The information on this page, about the GSF Act, will enable agencies to build familiarity and awareness about the current and planned reform associated with the new legislation. 

Agencies should note that the fact sheets and other support material found on this page relates to the Act and to the staged implementation, which will be rolled out over the coming years. Please keep yourself well informed by referring to this website, which will be regularly updated with new information.

If you have any questions please contact [email protected].

What still needs to happen – The ‘Cognate’ Bill

The associated repeal and amendment Bill still awaits consideration by the Legislative Assemble. It will update all of the legislation that is affected by the new Act and also repeal the four pieces of legislation that have governed public financial management for more than 30 years, including:

  • Public Finance and Audit Act 1983 
  • Public Authorities (Financial Arrangements) Act 1987
  • Annual Reports (Statutory Bodies) Act 1984 
  • Annual Reports (Departments) Act 1985

The Public Finance and Audit Act 1983 will also be renamed the Government Sector Audit Bill 2018 (GSA Bill), and will be amended to omit those provisions being relocated to the GSF Bill. Only provisions about government sector audits, the Auditor General and the Auditor General’s Office will remain in the GSA Bill.

Fact sheets

Legislation Mapping