This Act is about changing the laws that affect Crown entities. You will see changes to how these entities are set up, run, and governed. The goal is to make the rules consistent and clear for everyone involved, including the people who run the entities, the Ministers responsible for them, and the House of Representatives. The Act aims to group Crown entities into categories, each with its own rules for governance. This means each category will have its own way of working with the government, and its own level of independence. The Act also explains what the board members of Crown entities are responsible for. You will see that they have to make sure the entity is financially responsible. This includes making sure the entity is run in a way that is responsible with money. The Act sets out what Crown entities must report on and how they are accountable. This helps to make sure that everyone knows what is going on and that the entities are doing their jobs properly.