Treasury's 2015‑16 Corporate Plan sets out the Department's purpose, our priorities and the key directions we will take over the next four years.
To prosper in the fastest growing region in the world, Australia needs to focus on ensuring strong, sustainable economic growth. The 2015 Intergenerational Report highlighted the need to pursue policies that lift productivity and encourage workforce participation. Fiscal sustainability through spending restraint and securing the Australian Government's revenue base will also better position Australia to respond to global economic shocks.
In achieving our purpose and helping the Australian Government to manage emerging domestic and international pressures, the Treasury will play an important role as the pre‑eminent economic adviser. We must serve the Australian people and support the delivery of sound economic policy by being rigorous, well-rounded and informed. This applies across the waterfront of issues on which we work: from tax, the Budget and the economy; to financial, competition and broader structural policy; from small business to international policy.
To deliver on our purpose, the Treasury requires capable and professional leaders to drive our policy development and delivery capabilities. At all times, we must foster a high-performing workforce that engages well with stakeholders. The establishment of our Sydney and Melbourne offices in 2015 is helping us to form stronger relationships with the private sector and strengthen our organisational capability.
This is a critical economic period for Australia and I look forward to leading a highly driven, highly capable Treasury that builds on its proud tradition of making a strong positive contribution to raising the living standards of Australians.
I am pleased to present the Department of the Treasury's 2015-16 Corporate Plan, which covers the years 2015-16 to 2018-19, as required by paragraph 35(1)(b) of the Public Governance, Performance and Accountability Act 2013.
John A. Fraser
Secretary to the Treasury