Department of Finance and Deregulation

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Department of Finance and Deregulation
Australian Government Department of Finance and Deregulation Logo.jpg
Department overview
Formed 3 December 2007[1]
Preceding Department
Dissolved 18 September 2013
Superseding agency
Jurisdiction Commonwealth of Australia
Headquarters Canberra
Employees 1,946 (at April 2013)[2]
Annual budget A$522m (2012)[3]
Ministers responsible
Department executives

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]

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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.

Operations

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

References

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