The Annual Operational Plan is one of the central references for the Corporation s business and is drawn from our Corporate Five Year Strategic Plan and industry specific plans. The Annual Operational Plan also spells out the budget allocations that will drive the implementation of the Plan.
Industry funds a significant element of the budget.
Our industry linkages are summarised on page 106 in the context of our broader accountability framework. This framework outlines the way we do business and the processes by which we ensure our performance aligns with the strategies we have identified in our plan. Our operations are presented in terms of the Government s inputs outputs outcomes budget framework. Each year, our Annual Operational Plan is submitted to the Minister for approval before we can put the budget to work. The Federal Government has now provided us with this approval.