The document discusses financial management reform in the New South Wales public sector. It aims to improve affordability, priority-setting, and value for taxpayer money. This will be achieved through new legislation, accountability aligned with authority, improved capability, new information systems, and improved processes. The reform has four key elements: rules, tools, people, and processes. It establishes goals around affordability, priority-setting and value, and outlines plans to develop a business case and implementation strategy through 2016.