Comprises a review by the Chief Executive and Inspector-General in Bankruptcy, incorporating a review of personal property securities (which has been provided separately in previous annual reports), a summary of our major achievements during the year and our priorities for 2018–19, an overview of the agency, and our outcome and program structure.
Annual report 2017–18
The Australian Financial Security Authority (AFSA) annual report has been prepared in accordance with the requirements for the content of annual reports as prescribed by the Public Governance, Performance and Accountability Rule 2014 in sections 17AA to 17AJ.
The Chief Executive reports to the Attorney-General and, in accordance with the Public Service Act 1999 and the Public Governance, Performance and Accountability Act 2013, assists the Attorney-General to fulfil his or her accountability obligations to the parliament. In this annual report, the Chief Executive accounts for AFSA’s performance and use of resources.
The Inspector-General in Bankruptcy is required under the Bankruptcy Act 1966 to provide an annual report to the Attorney-General, for presentation to the parliament, on the operation of the Bankruptcy Act.
The Registrar of Personal Property Securities is required under the Personal Property Securities Act 2009 (PPS Act) to provide an annual report to the Attorney-General, for presentation to the parliament, on the operation of the PPS Act.
Reporting on the Bankruptcy Act and the PPS Act is integrated throughout this report.
This annual report is divided into six sections:
Contains our annual performance statement and a report on our financial performance for 2017–18.
Contains information on amendments to the Bankruptcy Act and PPS Act and administrative reporting.
Contains a report on our management and accountability processes, including corporate governance, external scrutiny, management of human resources, asset management and procurement.
Contains other mandatory information, including reports required under specific legislation and additional information useful for providing a clearer picture of our activities during 2017–18.
Contains our audited financial statements for 2017–18.