Chapter Six > Title Page

Chapter Six

The Government's Defence Procurement Review recommended that the Defence Materiel Organisation become a prescribed agency for financial management purposes while still remaining part of the Defence Portfolio. This will be implemented on 1 July 2005

Another recommendation of the procurement review was the formation of the Capability Development Group to provide more robust capability proposals for consideration by the Government

A new portfolio-wide budgeting system was implemented in Defence

Defence achieved annual recurring administrative savings of over $60 million against a target of $50 million

A new travel management system was introduced, which is estimated to provide savings of up to $21 million per year

Management Reforms and Efficiencies

During 2003-04, Defence implemented a number of new processes to improve the way we do business and continued to develop those efficiencies already in place. In this chapter we report on our progress.

Publicity poster for the Chief Finance Officer Group's 'Business Rules' initiative. The initiative is designed to provide a uniform understanding of the business rules that apply to everyday financial, contracting and budgeting tasks and procedures. The business rules complement the relevant government or departmental policies and legislation.
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