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 562136883000
Departmental expenses 17334000
Average staffing level 50
Key People
- (02) 6263 1222
Treasury Building, Langton Crescent, Parkes ACT 2600
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: