Australian Office of Financial Management
(AOFM)
Treasury
The AOFM's key responsibilities involve managing the Australian Government's debt portfolio through the issuance of Commonwealth Government Securities (CGS), managing the Australian Government's overall cash balance in the Official Public Account (OPA), and any investment in financial assets arising from these activities or as a result of any specific policy mandate from the Australian Government. This requires close working relations with the Department of the Treasury, Department of Finance and the Reserve Bank of Australia (RBA). It also requires that the AOFM maintain credible professional relationships with the banking sector (which act as intermediaries in the CGS market) and with domestic and international investors in CGS.
ABN 13 059 525 039
Appropriations 1574488206000
Departmental expenses 17830000
Average staffing level 50
Key People
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Mr. Robert Nicholl
(02) 6263 1222
Treasury Building, Langton Crescent, Parkes ACT 2600
Further information
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Type of Body
A. Non Corporate Commonwealth Entity
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GFS Sector Classification
GGS
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Established By / Under
PGPA Rule (Schedule 1)
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Annual Report Prepared and tabled?
Yes
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Classification
A. Principal
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Materiality
Material
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GFS Function / Sector Reported
General Public Services;Other Purposes;Housing and Community Amenities;Agriculture, Forestry and Fishing
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PS Act Body
Yes - Operate with some Independence
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Auditor
ANAO
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Creation Date
1 July 1999
Last updated: