
The Australian Government’s official development assistance (ODA) is determined in the annual budget, where it is listed under the Foreign Affairs and Trade Portfolio. AusAID, the main Australian international development assistance agency, sits under this portfolio.
The financial year runs from 1 July to 30 June and the budgetary process starts in November/December. In those months the Strategic Priorities and Budget Committee (SPBC) sets budget’s priorities and strategy, on which governmental agencies will base their Portfolio Budget Submissions. This is when AusAID submits its annual proposed allocations to the budgetary authorities.
In March the Expenditure Review Committee (ERC) decides which proposals will be funded and by how much. In April/May the Treasurer outlines the budget strategy in an official speech and presents the Budget Economic and Fiscal Outlook Report (also called Budget Paper No. 1) to Parliament.
By the end of January of the following year the Mid-Year Economic and Fiscal Outlook (MYFO), an update on the economic and fiscal outlook as well as the national budgetary position, is released. In September the Treasurer presents the consolidated final budget in the Final Budget Outcome document.
Availability of forward ODA budgeting
The Budget Paper No. 1 includes ODA spending estimates for the budgeted financial year and projections for the following two years. ODA figures are available under the Foreign Affairs and Trade Portfolio expenditures.
It is estimated that Australian total ODA will be equal to 0.35% of Australian GNI in 2011-2012, going up from 0.33% in 2010-2011. Australian Government has committed to reach the 0.5% of GNI in ODA by 2015-2016.


