Department of Finance and Deregulation

Department of Finance and Deregulation
Department overview
Formed 3 December 2007[1]
Preceding Department Department of Finance and Administration
Dissolved 18 September 2013
Superseding agency Department of Finance (II)
Jurisdiction Commonwealth of Australia
Headquarters Canberra
Employees 1,946 (at April 2013)[2]
Annual budget A$522m (2012)[3]
Ministers responsible Lindsay Tanner, Minister (2007‑10)
Penny Wong, Minister (2010‑13)
Department executives Ian Watt, Secretary (2007‑09)
David Tune, Secretary (2009‑13)

The Australian Department of Finance and Deregulation was a Federal Government department that existed between December 2007 and September 2013. Its role was to help the Australian Government achieve its policy objectives by contributing to four key outcomes:

  1. sustainable Government finances;
  2. more efficient Government operations;
  3. efficiently functioning Parliament; and
  4. effective and efficient use of information and communication technology by the Australian Government.

Statement of Purpose

The purpose of the Department of Finance and Deregulation was stated as:[4]

We provide high quality, strategic policy and financial advice to support government decision-making and improved Australian Government financial management.We deliver professional support services to our Ministers, Parliamentarians and their staff, and the Government as a whole.

Operations

The matters dealt with by the Department included:

  • Budget policy advice and process
  • Government financial accountability
  • Shareholder advice on Government Business Enterprises
  • Superannuation of former and current members of parliament and Australian Government employees
  • Government asset sales
  • Management of non-Defence Government-owned property
  • Electoral matters (through the Australian Electoral Commission)
  • Administration of Parliamentarians' entitlements
  • Administration of the Australian Government's self-managed general insurance fund
  • Government online delivery and information technology and communications management (through the Australian Government Information Management Office)
  • Advice on the Australian Government Future Fund
  • Management of government records (through the National Archives of Australia)
  • Central advertising system

References

  1. ^ CA 9194: The Department of Finance and Deregulation, National Archives of Australia, retrieved 19 December 2013 
  2. ^ Australian Public Service Commission (2 December 2013), State of the Service Report: State of the Service Series 2012-13, Australian Public Service Commission, p. 253, archived from the original on 6 December 2013 
  3. ^ "Statement of Comprehensive Income" (PDF). Annual Report. Department of Finance and Deregulation. 2012. Retrieved 23 September 2013. 
  4. ^ "Role and Statement of Purpose". Department of Finance and Deregulation. 
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