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.


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


  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. 
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.