Austrade at a glance
Austrade’s role
Austrade contributes to Australia’s economic prosperity by helping Australian businesses, education institutions, governments and citizens as they develop international markets, win foreign direct investment, promote international education, or seek consular and passport services in certain locations overseas. During 2013–14, Austrade gained responsibility for tourism policy, programmes and research and now also focuses on strengthening Australia’s tourism industry under the Tourism 2020 strategy.
Austrade’s outcomes
Outcome 1: Advance Australia’s trade, investment and education promotion interests through information, advice and services to business, the education sector and governments.
Outcome 2: The protection and welfare of Australians abroad through timely and responsive consular and passport services in specific locations overseas.
Performance reporting
Austrade’s success in achieving its outcomes is measured against the deliverables and key performance indicators set out in the 2013–14 Portfolio Budget Statements for the Foreign Affairs and Trade portfolio. Results are summarised in Part 2 of this report, starting on page 13.
Additional responsibilities
On 3 October 2013, responsibility for tourism policy, programmes and research was transferred to Austrade from the former Department of Resources, Energy and Tourism. The tourism function comprises programme 3 in the former department’s 2013–14 Portfolio Budget Statements.
In this report, Austrade has reported on the performance of the tourism programme for the whole financial year. Results are summarised in Part 2 of this report, starting on page 105.
Staffing overview
At 30 June 2014, Austrade had a total of 82 overseas offices in 48 markets, as well as 11 offices in Australia. Austrade employed 1,032 staff, 474 of whom were in Australia and 558 were based overseas.
| 2011–12 ($m) |
2012–13 ($m) |
2013–14 ($m) |
|
| Departmental | |||
| Appropriations | 167.2 | 160.0 | 176.8 |
| Non-appropriation revenue | 20.1 | 17.6 | 24.2 |
| Total revenue | 187.3 | 177.5 | 201.0 |
| Total expenses | 201.9 | 192.2 | 214.8 |
| Operating surplus/(deficit) | (14.6) | (14.7) | (13.8) |
| Departmental capital budget | 15.3 | 18.5 | 11.0 |
| Equity injection | – | – | – |
| Administered expenses | |||
| Export Market Development Grants scheme | 135.1 | 125.9 | 122.8 |
| Asian Century Business Engagement Plan | – | – | 1.8 |
Note: Some figures have been rounded.