TPG22-28 Returns on Equity Investment

This is for the purposes of:

• Preparing the budget papers and budget aggregates.
• Preparing the Annual Consolidated State Financial Statements under s7.17 of the Government Sector Finance Act 2018 (GSF Act).

It is important that State Owned Corporations (SOCs) also review and apply the relevant:

• legislation
• government policies and circulars e.g. Treasury Commercial Policy Framework
• Australian Accounting Standards (AAS).

This guidance does not apply to NSW government owned corporations that are not also State Owned Corporations (SOCs). Further guidance for government owned corporations that are not also SOCs is under development.