Department of Finance Outcome 2
Support an efficient and high-performing public sector through providing leadership to Commonwealth entities in ongoing improvements to public sector governance, including through systems, frameworks, policy, advice and service delivery.
# | Program | Body | Contribution |
---|---|---|---|
2.1 | Department of Finance Program 2.1 | Department of Finance | This program contributes to the outcome through developing and maintaining the public sector resource management framework and improving the standard of governance, performance and accountability of Commonwealth entities |
2.2 | Department of Finance Program 2.2 | Department of Finance | This program contributes to the outcome by providing leadership in the development and delivery of reforms and initiatives that support the modernisation of government and increase public sector productivity |
2.3 | Department of Finance Program 2.3 | Department of Finance | This program contributes to the outcome by providing policy advice, guidance and support on managing Commonwealth property, land and public works across the Government; and managing specified major capital works projects and the government's non-Defence property portfolio within Australia |
2.4 | Department of Finance Program 2.4 | Department of Finance | This program contributes to the outcome by providing general insurance services and promoting risk management across the Government through the Comcover Special Account |
2.5 | Department of Finance Program 2.5 | Department of Finance | This program contributes to the outcome through providing timely and relevant procurement policy advice; providing advice to the Government on advertising; establishing and maintaining WoAG procurement arrangements for common goods and services; and establishing, developing and maintaining WoAG and cross-entity ICT infrastructure, platforms, systems and services |
2.6 | Department of Finance Program 2.6 | Department of Finance | This program contributes to the outcome through providing a range of corporate services to Australian Government entities |
2.7 | Department of Finance Program 2.7 | Department of Finance | This program contributes to the outcome through advising the Government on the stability of the Government's unfunded superannuation liabilities and its associated administered expense items and superannuation arrangements for government employees. This includes the administration and management of superannuation arrangements for parliamentarians, as well as current and former governors-general, federal judges and Federal Circuit Court Judges |
2.8 | Department of Finance Program 2.8 | Department of Finance | This program contributes to the outcome through providing advice on investment mandates and governance arrangements for the Government's Investment Funds, to maximise the value of the funds to the Government. This includes advice on credit of amounts to the Funds and debits for payments from the Funds. The Funds are: Future Fund DisabilityCare Australia Fund Medical Research Future Fund Aboriginal and Torres Strait Islander Land and Sea Future Fund Future Drought Fund Emergency Response Fund |
# | Program | Body | Contribution |
---|---|---|---|
1.1 | Commonwealth Superannuation Corporation Program 1.1 | Commonwealth Superannuation Corporation (CSC) | Finance works with the Commonwealth Superannuation Corporation to ensure that the management of public sector superannuation is consistent with legislative obligations. Finance works with the Future Fund Management Agency to ensure that the management of the Future Fund and the Australian Government Investment Funds is consistent with legislation and maximises returns to taxpayers. |
1.1 | Future Fund Management Agency Program 1.1 | Future Fund Management Agency | Finance works with the Commonwealth Superannuation Corporation to ensure that the management of public sector superannuation is consistent with legislative obligations. Finance works with the Future Fund Management Agency to ensure that the management of the Future Fund and the Australian Government Investment Funds is consistent with legislation and maximises returns to taxpayers. |
1.2 | Future Fund Management Agency Program 1.2 | Future Fund Management Agency | Finance works with the Commonwealth Superannuation Corporation to ensure that the management of public sector superannuation is consistent with legislative obligations. Finance works with the Future Fund Management Agency to ensure that the management of the Future Fund and the Australian Government Investment Funds is consistent with legislation and maximises returns to taxpayers. |
Body | Outcome | Outcome owner | Contribution | |
---|---|---|---|---|
Department of Finance Program 2.1 | Department of Finance | Department of Finance Outcome 2 | Department of Finance | Public Sector Governance This program contributes to the outcome through developing and maintaining the public sector resource management framework and improving the standard of governance, performance and accountability of Commonwealth entities |
Department of Finance Program 2.3 | Department of Finance | Department of Finance Outcome 2 | Department of Finance | Property and Construction This program contributes to the outcome by providing policy advice, guidance and support on managing Commonwealth property, land and public works across the government; and managing specified major capital works projects and the government's non-Defence property portfolio within Australia |
Department of Finance Program 2.4 | Department of Finance | Department of Finance Outcome 2 | Department of Finance | Insurance and Risk Management This program contributes to the outcome by providing general insurance services and promoting risk management across the Government through the Comcover Special Account |
Department of Finance Program 2.4 | Department of Finance | Department of the Treasury Outcome 1 | Department of the Treasury | Treasury Outcome 1 contributes to the above programs by making payments to the states and territories under National Partnership agreements, National Specific Purpose Payments (SPP) and bilateral agreements that support the delivery of the programs. |
Department of Finance Program 2.5 | Department of Finance | Department of Industry, Science and Resources Outcome 1 | Department of Industry, Science and Resources | The department is supporting the establishment of the Future Made in Australia Office (the Office) in the Department of Finance, which is the first step in the 10-point Buy Australian Plan (the Plan). The department will collaborate with the Office in the delivery of the Plan, including supporting the Deputy Secretary Steering Committee and the Ministerial Roundtable on Procurement, leading on point 7 of the Plan (supporting industry sectors through the Government's purchasing power), providing support to other agencies on the implementation of parts of the Plan that intersect with industry, and supporting industry engagement to enable greater involvement in government procurement by small and medium enterprises, with a particular focus on regional and Indigenous-owned businesses. |
Department of Finance Program 2.6 | Department of Finance | Department of Finance Outcome 2 | Department of Finance | Service Delivery Office This program contributes to the outcome through providing a range of corporate services to Australian Government entities |
Department of Finance Program 2.7 | Department of Finance | Department of Finance Outcome 2 | Department of Finance | Public Sector Superannuation This program contributes to the outcome through advising the Government on the stability of the Government's unfunded superannuation liabilities and its associated administered expense items and superannuation arrangements for government employees. This includes the administration and management of superannuation arrangements for parliamentarians, as well as current and former governors-general, federal judges and Federal Circuit Court Judges |
Department of Finance Program 2.7 | Department of Finance | Future Fund Management Agency Outcome 1 | Future Fund Management Agency | The Future Fund Management Agency works with the Department of Finance to ensure that the management of the Australian Government Investment Funds is consistent with the relevant legislation and investment mandates. |
Department of Finance Program 2.8 | Department of Finance | Department of Finance Outcome 2 | Department of Finance | Australian Government Investment Funds This program contributes to the outcome through providing advice on investment mandates and governance arrangements for the Government's Investment Funds, to maximise the value of the funds to the Government. This includes advice on credit of amounts to the Funds and debits for payments from the Funds. The Funds are: * Future Fund * DisabilityCare Australia Fund * Medical Research Future Fund * Aboriginal and Torres Strait Islander Land and Sea Future Fund * Future Drought Fund * Disaster Ready Fund (formerly the Emergency Response Fund) |
Department of Finance Program 2.8 | Department of Finance | Future Fund Management Agency Outcome 1 | Future Fund Management Agency | The Future Fund Management Agency works with the Department of Finance to ensure that the management of the Australian Government Investment Funds is consistent with the relevant legislation and investment mandates. |
Appropriation | Appropriation subtype | 2022-23 |
---|---|---|
Budget Estimate | ||
Special Accounts | 50,072,393,000.00 | |
Administered | Non-operating | 0.00 |
Administered | Operating | 10,924,000.00 |
Administered | Special Appropriation | 8,403,193,000.00 |
Administered | Special Purpose Payments | 0.00 |
Administered | Assets and Liabilities | 0.00 |
Administered | Subtotal | 8,414,117,000.00 |
Departmental | External Revenue | 23,208,000.00 |
Departmental | Non-operating | 0.00 |
Departmental | Operating | 229,832,000.00 |
Departmental | Special Appropriation | 0.00 |
Departmental | Equity Injections | 0.00 |
Departmental | Subtotal | 253,040,000.00 |
Total | 58,739,550,000.00 |