This article is about the present-day Australian Government Department of Finance. For the defunct Australian Government Department of Finance that existed between 1976 and 1997, see Department of Finance (1976–1997).
The Department of Finance is a department of the Government of Australia that is charged with the responsibility of assisting the government across a wide range of policy areas to ensure its outcomes are met, particularly with regard to expenditure, financial management, and the operations of government.
Unlike in many countries, Australia's Department of Finance does not deal with general economic policy, which is the responsibility of the Department of the Treasury. The Treasurer has a wider range of powers and responsibilities than the Minister for Finance, who has a comparatively narrower portfolio.
The Department of Finance was formed by way of an Administrative Arrangements Order issued on 18 September 2013[4] and replaced the functions previously performed by the former Department of Finance and Deregulation.[5][6][7] In an earlier reconstruction, the department was called the Department of Finance and Administration.
The previous Department of Finance head office, the John Gorton Building
Superannuation arrangements for Australian Government civilian employees and members of parliament and retirement benefits for Federal Judges and Governors-General
Asset sales
Commonwealth property policy framework, legislation and policy for the management of property leased or owned by the Commonwealth, including acquisition, disposal and management of property interests
Management of non-Defence Commonwealth property in Australia, including construction, major refurbishment, sustainability, acquisition, ownership and disposal of real property
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