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Department of Finance Outcome 2

Description

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, service delivery, and managing, acquiring and divesting government investments

# Program Body Contribution
2.1 Department of Finance Program 2.1 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

2.2 Department of Finance Program 2.2 Department of Finance

Data Scheme This program contributes to the outcome by establishing a best practice scheme for sharing Australian government data to deliver public benefit

2.3 Department of Finance Program 2.3 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

2.4 Department of Finance Program 2.4 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

2.5 Department of Finance Program 2.5 Department of Finance

Procurement 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

2.6 Department of Finance Program 2.6 Department of Finance

Service Delivery Office This program contributes to the outcome through providing a range of corporate services to Australian Government entities

2.6 Department of Finance Program 2.6 Department of Finance

Delivery of government technology services This program contributes to the outcome through establishing, developing and maintaining government and cross-entity ICT infrastructure, platforms, systems and services

2.7 Department of Finance Program 2.7 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

2.8 Department of Finance Program 2.8 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)

2.10 Department of Finance Program 2.10 Department of Finance
# 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

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 2.10 Department of Finance Department of Defence Outcome 2 Department of Defence

Contributes to Outcome 2 through the provision of budget and commercial advice for the
delivery of nuclear-powered submarine capabilities.
Department of Finance - Comcover

Department of Finance Program 2.3 Department of Finance Department of Finance Outcome 2 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

Department of Finance Program 2.4 Department of Finance Department of Finance Outcome 2 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

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 2.6 Department of Finance Department of Finance Outcome 2 Department of Finance

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

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

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

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.

Contributing programs
Appropriations
Appropriation Appropriation subtype 2023-24 2022-23
Budget Estimate Estimated Actual
Special Accounts 51,817,636,000.00 50,251,459,000.00
Administered Non-operating 0.00 0.00
Administered Operating 11,021,000.00 10,924,000.00
Administered Special Appropriation 8,912,394,000.00 8,492,840,000.00
Administered Special Purpose Payments 0.00 0.00
Administered Assets and Liabilities 0.00 0.00
Administered Subtotal 8,923,415,000.00 8,503,764,000.00
Departmental External Revenue 41,705,000.00 20,189,000.00
Departmental Non-operating 0.00 0.00
Departmental Operating 229,451,000.00 229,832,000.00
Departmental Special Appropriation 0.00 0.00
Departmental Equity Injections 0.00 0.00
Departmental Subtotal 271,156,000.00 250,021,000.00
Total 61,012,207,000.00 59,005,244,000.00

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.