Financial estimates for AMSA’s regulatory charging activity outputs for current (2021-22) budget (2022-23), and three forward year estimates is summarised in Table 8, with cumulative results in Table 9.

Table 8: Financial estimates for regulatory charging activities

  Estimate Budget Forward Year Estimates
  2021-22
($’000)
2022-23
($’000)
2023-24
($’000)
2024-25
($’000)
2025-26
($’000)
Navigational infrastructure (Marine Navigation Levy)
Expenses (X) 32,944 33,675 34,570 35,310 35,083
Revenue (Y)* 37,753 38,357 39,124 39,906 40,704
Balance (Y - X) 4,809 4,682 4,374 4,596 5,621
Environmental marine protection (Protection of the Sea Levy)
Expenses (X) 27,301 27,907 28,798 29,262 29,074
Revenue (Y)* 38,430 39,045 39,826 40,623 41,435
Balance (Y - X) 11,129 11,138 11,028 11,361 12,361
Seafarer ship safety under Navigation Act 2012 and other Acts (Regulatory Functions Levy)
Expenses (X) 54,437 55,645 57,421 58,347 57,971
Revenue (Y) 57,733 58,657 59,830 61,027 62,248
Balance (Y - X) 3,296 3,012 2,409 2,680 4,277
Marine services under Navigation Act 2012 and ship registration
Expenses (X) 9,240 9,445 9,746 9,904 9,840
Revenue (Y) 3,275 2,857 3,210 3,210 3,210
Balance (Y - X) (5,965) (6,588) (6,536) (6,694) (6,630)
Marine services for National System
Expenses (X) 8,359 8,544 8,817 8,959 8,901
Revenue (Y) 3,722 3,208 3,140 3,140 3,140
Balance (Y - X) (4,637) (5,336) (5,677) (5,819) (5,761)

Table 9: Financial estimates for regulatory charging activities

  Estimate Budget Forward Year Estimates
  2021-22
($’000)
2022-23
($’000)
2023-24
($’000)
2024-25
($’000)
2025-26
($’000)
Expenses (X) 132,281 135,216 139,532 141,782 140,869
Revenue (Y) 140,913 142,124 145,130 147,906 150,737
Balance (Y - X) 8,632 6,908 5,598 6,124 9,868
Cumulative balance 8,632 15,540 21,138 27,262 37,130

As noted, AMSA’s financial estimates provided do not include the activity output for the National System regulatory-based seafarer and ship safety. Given the Independent Review of Australia’s Domestic Commercial Vessel Safety legislation and associated costs, and charging, 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.