Department of Finance and Deregulation

Australian government department, 2007–2013

Department of Finance and Deregulation

Department overview
Formed| 3 December 2007[1]
Preceding Department|

* Department of Finance and Administration

Dissolved| 18 September 2013
Superseding Department|

* Department of Finance (II)

Jurisdiction| Commonwealth of Australia
Headquarters| Canberra
Employees| 1,946 (at April 2013)[2]
Annual budget| A$522m (2012)[3]
Ministers responsible|

* Lindsay Tanner, Minister (2007–2010)
* Penny Wong, Minister (2010–2013)

Department executives|

* Ian Watt, Secretary (2007–2009)
* David Tune, Secretary (2009–2013)

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
4. Effective and efficient use of information and communication technology by the Australian Government

## Purpose

[edit]

The purpose of the Department of Finance and Deregulation was stated as:[4]

> 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

[edit]

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

[edit]

1. ^ CA 9194: The Department of Finance and Deregulation, National Archives of Australia, retrieved 19 December 2013
2. ^ Australian Public Service Commission (2 December 2013), State of the Service Report: State of the Service Series 2012-13 (PDF), Australian Public Service Commission, p. 253, archived from the original (PDF) on 6 December 2013
3. ^ "Statement of Comprehensive Income" (PDF). Annual Report. Department of Finance and Deregulation. 2012. Retrieved 23 September 2013.
4. ^ "Role and Statement of Purpose". Department of Finance and Deregulation. Archived from the original on 28 December 2007.

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