Department of the Treasury (Australia)

From Wikipedia, the free encyclopedia

The Department of the Treasury is an Australian Government department. Its role is to focus and develop economic policy. The department is divided into four groups, Fiscal, Macroeconomic, Revenue and Markets with support coming from the Corporate Services Division. These groups were established to meet three policy outcomes:

• Effective government spending and taxation arrangements
  The Treasury provides advice on budget policy issues, trends in Commonwealth revenue and major fiscal and financial aggregates, major expenditure programmes, taxation policy, retirement income, Commonwealth-State financial policy and actuarial services.
• Sound macroeconomic environment
  The Treasury monitors and assesses economic conditions and prospects, both in Australia and overseas, and provides advice on the formulation and implementation of effective macroeconomic polic
• Well functioning markets
  The Treasury provides advice on policy processes and reforms that promote a secure financial system and sound corporate practices, remove impediments to competition in product and services markets and safeguard the public interest in matters such as consumer protection and foreign investment.

[edit] See also

• Treasurer
• Minister for Revenue
• Assistant Treasurer
• List of Australian Commonwealth Government entities

[edit] External links

• Department of the Treasury Website

Australian Government Departments

Agriculture, Fisheries and Forestry | Attorney-General's | Communications, Information Technology and the Arts | Defence | Education, Science and Training | Employment and Workplace Relations | Environment and Water Resources | Families, Community Services and Indigenous Affairs | Finance and Administration | Foreign Affairs and Trade | Health and Ageing | Human Services | Immigration and Citizenship | Industry, Tourism and Resources | Prime Minister and Cabinet | Transport and Regional Services | Treasury