Financial estimates for AMSA’s regulatory charging activity outputs budget, and three forward year estimates, is summarised in Table 8, with cumulative results in Table 9

Table 8: Financial estimates for regulatory charging activities 

 

Budget 

Forward Year Estimates 

 

 

2021-22 

($’000) 

2022-23 

($’000) 

2023-24 

($’000) 

2024-25 

($’000) 

 

Navigational infrastructure (Marine Navigation Levy) 

  Expenses (X) 

33,526 

34,132 

34,497 

34,891 

 

  Revenue (Y)* 

36,226 

36,625 

37,000 

37,375 

 

  Balance (Y - X) 

2,700 

2,493 

2,503 

2,484 

 

Environmental marine protection (Protection of the Sea Levy) 

  Expenses (X) 

26,225 

26,999 

26,985 

27,293 

 

  Revenue (Y)* 

36,379 

36,725 

37,100 

37,475 

 

  Balance (Y - X) 

10,154 

10,026 

10,115 

10,182 

 

Seafarer ship safety under Navigation Act 2012 and other Acts (Regulatory Functions Levy) 

  Expenses (X) 

52,112 

53,057 

53,623 

54,236 

 

  Revenue (Y) 

54,595 

55,150 

55,700 

56,250 

 

  Balance (Y - X) 

2,483 

2,093 

2,077 

2,014 

 

Marine services under Navigation Act 2012 and ship registration 

  Expenses (X) 

9,684 

9,859 

9,964 

10,078 

 

  Revenue (Y) 

3,885 

3,885 

3,885 

3,885 

 

  Balance (Y - X) 

(5,799) 

(5,974) 

(6,079) 

(6,193) 

 

Marine services for National System 

  Expenses (X) 

8,839 

8,999 

9,095 

9,199 

 

  Revenue (Y) 

3,805 

3,805 

3,805 

3,805 

 

  Balance (Y - X) 

(5,034) 

(5,194) 

(5,290) 

(5,394) 

 

Table 9: Financial estimates for regulatory charging activities 

 

Budget 

Forward Year Estimates 

 

2021-22 

($’000) 

2022-23 

($’000) 

2023-24 

($’000) 

2024-25 

($’000) 

  Expenses (X) 

130,386 

132,746 

134,164 

135,697 

  Revenue (Y) 

134,890 

136,190 

137,490 

138,790 

  Balance (Y - X) 

4,504 

3,444 

3,326 

3,093 

  Cumulative balance 

4,504 

7,948 

11,274 

14,367 

As noted, AMSA’s financial estimates provided here do not include the activity output for the National System regulatory-based seafarer and ship safety. Given the upcoming government review of this function, it is not possible to comment on forward years with any degree or level of accuracy, nor without legislative funding provisions. To do otherwise would be confusing and counterproductive to users of this CRIS.