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Department of Finance (Australia)

Department of the government of Australia

Summary

Department of the government of Australia

Field	Value
agency_name	Department of Finance
logo	File:Department of Finance (Australia) logo.gif
picture	Commonwealth Department of Finance.jpg
picture_width	350px
picture_caption	The Department of Finance head office in Forrest, Australian Capital Territory, ACT.
type	Department
formed
preceding1	Department of Finance and Deregulation
jurisdiction	Commonwealth of Australia
headquarters	1 Canberra Avenue, Forrest, Australian Capital Territory
employees	1,263 (2021)
budget	A$57.521 billion
minister1_name	Katy Gallagher
minister1_pfo
Minister for Finance
chief1_name	Matt Yannopoulos
chief1_position	Secretary (2025–present)
chief2_name	Jenny Wilkinson
chief2_position	Secretary (2022–2025)
chief3_name	Rosemary Huxtable
chief3_position	Secretary (2016–2022)
chief4_name	Jane Halton
chief4_position	Secretary (2014–2016)
child1_agency	Australian Electoral Commission
child2_agency	Australian Government Information Management Office
child3_agency	Australian Government Future Fund
child4_agency	Comcover
website
footnotes

the present-day Australian Government Department of Finance

Minister for Finance

The Department of Finance is a department of the Government of Australia that is charged with the responsibility of assisting the 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.

The administrative head of the department is the Secretary of the Department of Finance, presently Matt Yannopoulos, who reports to the Federal Minister for Finance, presently Senator Katy Gallagher.

Unlike in many countries, Australia's Department of Finance has a broad range of responsibilities across many economic areas, not limited to advising on Government programs and policy. These include directly administering programs and responsibilities, and having several corporate areas and sub-agencies administered within them.

The head office of the department is located at One Canberra Avenue, in the Canberra suburb of Forrest. Formerly, it was located in the John Gorton Building, named after Australia's prime minister between 1968 and 1971.

History

The Department of Finance was formed by way of an Administrative Arrangements Order issued on 18 September 2013 and replaced the functions previously performed by the former Department of Finance and Deregulation. In an earlier reconstruction, the department was called the Department of Finance and Administration.

The previous Department of Finance head office, the John Gorton Building

Preceding departments

Department of Finance (7 December 1976 – 9 October 1997)
Department of Administrative Services (30 January 1994 – 9 October 1997)
Department of Finance and Administration (9 October 1997 – 3 December 2007)
Department of Finance and Deregulation (3 December 2007 – 18 September 2013)

Operational activities

In an Administrative Arrangements Order made on 13 May 2025, the functions of the department were broadly classified into the following matters:

Budget policy advice and process, and review of governmental programmes
Government financial accountability, efficiency, governance and financial management frameworks, including grants and procurement policy and services (excluding information and communications technology procurement policy and services)
Shareholder advice on Government Business Enterprises (GBEs) and commercial entities treated as GBEs
General policy guidelines for Commonwealth statutory authorities
Superannuation arrangements for Australian Government civilian employees and members of parliament and retirement benefits for Federal Judges and Governors-General
Asset sales
Commonwealth property policy framework, legislation and policy for the management of property leased or owned by the Commonwealth, including acquisition, disposal and management of property interests
Management of non-Defence Commonwealth property in Australia, including construction, major refurbishment, sustainability, acquisition, ownership and disposal of real property
Electoral matters
Administration of Parliamentarians' work expenses
Administration of the Australian Government's self-managed general insurance fund (Comcover)
Policy advice on the Future Fund, Nation-building Funds and the DisabilityCare Australia Fund; and authorisation of payments from the Nation-building Funds and the DisabilityCare Australia Fund recommended by relevant Agencies
Co-ordination of Government Advertising
Public data policy and related matters
Whole of government information and communications technology
Information and communications technology procurement policy and services
Whole of government regulatory policy, practice and performance
Whole of government data and digital policy coordination

References

"CA 9435: Department of Finance [II]". National Archives of Australia.
https://www.finance.gov.au/about-us/department/secretary
(2017-05-25). "Department of Finance".
[https://www.finance.gov.au/about-us/department/secretary Secretary. Department of Finance]
(18 September 2013). "Administrative Arrangements Order". [[Commonwealth of Australia]].
Packham, Ben. (18 September 2013). "Tony Abbott puts broom through bureaucracy". The Australian.
Tony Abbott. (18 September 2013). "The Coalition will restore strong, stable and accountable government". [[Commonwealth of Australia]].
Wilson, Lauren. (19 September 2013). "Coalition carves up the public service". The Australian.
(13 May 2025). "Administrative Arrangements Order - 13 May 2025".

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

government-departments-of-australia ministries-of-finance government-ministries-established-in-2013 2013-establishments-in-australia government-finances-in-australia

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