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Department of Finance MPS ActGGS
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Aliases
Department of Finance
FINANCE
THE DEPARTMENT OF FINANCE
Portfolio

Accountable authority
Secretary of the Department of Finance
Lead Body
Yes
Institutional sector classification
Employment instruments
Establishing instruments

Additional annual report requirement in establishing legislation
No

Section 35 of the PGPA Act applies
Yes
Section 35(3) of the PGPA Act applies
Yes

Outcome #1: Support sustainable Australian Government finances through providing high quality policy advice and operational support to the government and Commonwealth entities to maintain effective and efficient use of public resources.
# Program Body Contribution
1.1 Department of Finance Program 1.1 Department of Finance

This program contributes to the outcome through advising the Finance Minister and Expenditure Review Committee (ERC) on fiscal and economic policies and related matters; supporting the Finance Minister in meeting their financial reporting responsibilities; and supporting the delivery of the Budget

Outcome #1: Support sustainable Australian Government finances through providing high-quality policy advice and operational support to the government and Commonwealth entities to maintain effective and efficient use of public resources
# Program Body Contribution
1.1 Department of Finance Program 1.1 Department of Finance

- Budget and Financial Management This program contributes to the outcome through advising the Finance Minister and Expenditure Review Committee (ERC) on fiscal and economic policies and related matters; supporting the Finance Minister in meeting their financial reporting responsibilities; and supporting the delivery of the Budget

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.

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, 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.

Outcome #3: Support for Parliamentarians and others as required by the Australian Government through the delivery of, and advice on, work expenses and allowances, entitlements and targeted programs.
# Program Body Contribution
3.1 Department of Finance Program 3.1 Department of Finance

This program contributes to the outcome through the provision of advice on, access to, and payment of Parliamentary and post-Parliamentary, work expenses, allowances and entitlements and targeted programs

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