(Finance)
Finance
As a central agency of the Australian Government, the Department of Finance (Finance) plays an important role in assisting government across a wide range of policy areas to ensure its outcomes are met, particularly with regard to expenditure, financial management, and the operations of government. Essential services delivered by Finance include supporting the delivery of the Australian Government Budget, the ongoing management of the Australian Government's non-defence domestic property portfolio and key asset sales. Finance is also responsible for the financial framework for Australian Government Agencies. Additionally, Finance provides entitlements advice and support to parliamentarians and their employees, maintains shareholder oversight for Government Business Enterprises (GBEs), provides general insurance services to government agencies and promotes improved risk management. Finance also provides strategic advice, guidance and service provision for the productive application of new and existing information and communication technologies to government operations.
Appropriations 30458617000
Departmental expenses 524521000
Average staffing level 1257
One Canberra Avenue
Forrest ACT 2603
Australia

Key People

Sections

Further information

  • Type of Body

    A. Non Corporate Commonwealth Entity

  • GFS Sector Classification

    GGS

  • Established By / Under

    Constitution and Administrative Arrangement Orders

  • Annual Report Prepared and tabled?

    Yes

  • Classification

    A. Principal

  • Materiality

    Material

  • GFS Function / Sector Reported

    General Public Services;Other Purposes

  • PS Act Body

    Yes - Department

  • Auditor

    ANAO

  • Creation Date

    18 September 2013

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