Please note that the content on this website is being progressively updated following the issuing of Administrative Arrangements Orders on 23 June, 2022.

 

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.
Appropriations 562136883000
Departmental expenses 17334000
Average staffing level 50

Key People

Further information

  • Type of Body

    A. Non Corporate Commonwealth Entity

  • GFS Sector Classification

    GGS

  • Established By / Under

    PGPA Rule (Schedule 1)

  • Annual Report Prepared and tabled?

    Yes

  • Classification

    A. Principal

  • GFS Function / Sector Reported

    GGS

  • Materiality

    Material

  • PS Act Body

    Yes - Operate with some Independence

  • Auditor

    ANAO

  • Creation Date

Last updated: