Member of the OECD Development Assistance Committee (DAC) since 1961.
Australia is among the few DAC members to increase ODA in 2012, having escaped the global economic and financial crises without a recession and being relatively unaffected by the current euro area turmoil. In 2012, Australia’s net ODA was USD 5.44 billion, a 10.4% increase in real terms over 2011 due to larger bilateral grants. Australia has kept the annual growth rate of its ODA at 9% since 2006.
Australian ODA also grew as a share of its national income, reaching 0.36% in 2012, up from 0.32% in 2010. In May 2013, Australia reaffirmed its commitment to reach its target of 0.5% of ODA/GNI but postponed the target date by another year to 2017/18.
Key Statistics from the Development Co-operation Report 2013 (DCR)
Australia can deliver a growing aid budget effectively and efficiently To ensure that its aid has an impact on development, Australia sets clear goals, and monitors and reports the results of its development co-operation. The review commends Australia’s exemplary steps to increase the transparency of aid.
Australia's latest evaluation recommended that Australian law and justice assistance programmes adopt more modest and specific goals, based on analysis of what is achievable in the country’s political, economic, social and geographical context.