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Treasury is divided into 5 groups:
- Corporate & Foreign Investment
- Fiscal
- Macroeconomic
- Markets
- Revenue, Small Business and Housing.
In addition to Treasury’s Canberra office, Treasury has offices in Sydney, Melbourne and Perth. These offices enable Treasury to better understand the economy across all sectors and regions and help to form stronger relationships with the private sector and strengthen our organisational capability.
Treasury has officers deployed into key global markets who provide reporting that is an essential input into our advice to the Government. Officers are posted in Beijing, Jakarta, London, New Delhi, Paris, Tokyo, Washington and we maintain an overseas operation in Jakarta.
Secretary
Dr Steven Kennedy was appointed Secretary to the Treasury with effect from 2 September 2019.
Corporate and Foreign Investment Group
Corporate and Foreign Investment Group delivers strategic advice and high quality services including information technology, communications, parliamentary services, finance, people management and risk management to the department, portfolio Ministers and agencies. It is also responsible for foreign investment policy, investment proposals, compliance, and supporting the Foreign Investment Review board.
See the Corporate and Foreign Investment Group entry on the Government Directory for further details and contact information.
Fiscal Group
Fiscal Group aims to achieve sound and effective fiscal outcomes. It is focused both on short term and emerging priorities, as well as deep, systemic and structural policy issues.
Fiscal Group delivers core Government functions, such as producing the Budget and Intergenerational Report and making timely and accurate payments to the states and territories. At the same time, it develops and delivers high‑quality advice on Government spending arrangements, policies and regulations that reflect a whole‑of‑economy perspective, promote the interests of Australians and focus on the shape of the Australian Government in the economy and society more broadly.
See the Fiscal Group entry on the Government Directory for further details and contact information.
Macroeconomic Group
Macroeconomic Group monitors and assesses economic conditions and prospects, both in Australia and overseas, and provides advice on the formulation and implementation of effective macroeconomic policy, including monetary and fiscal policy, and labour market issues.
See the Macroeconomic Group and Overseas Posts and Operations entries on the Government Directory for further details and contact information.
Markets Group
Markets Group provides advice on policy processes and reforms that promote a secure financial system and sound corporate practices, remove impediments to competition in product and services markets and appropriately protect consumers.
See the Markets Group entry on the Government Directory for further details and contact information.
Revenue, Small Business & Housing Group
Revenue, Small Business & Housing Group provides advice and assists in the formulation and implementation of government taxation and retirement income policies and legislation as well as providing information on material changes to taxation revenue forecasts and projections.
See the Revenue, Small Business & Housing Group entry on the Government Directory for further details and contact information.