The Treasury promotes competitive, efficient markets that work for the good of consumers and investors, a secure financial system and sound corporate practices, and foreign investment consistent with Australia’s national interests.
This includes regulatory reforms to improve the resilience of the financial system, innovation and consumer outcomes and participation in regional and international forums, such as G20 summits.
Treasury provides advice to the Government on effective government spending and taxation arrangements. This includes advice on budget policy issues, trends in Commonwealth revenue and major fiscal and financial aggregates, major expenditure programs, taxation policy, retirement income, Commonwealth-State financial policy and actuarial services. Treasury also leads the production of the Commonwealth Budget each year.See more
The Treasury advises the government across a range of industry policies that contribute to higher productivity and a more diverse economy.
Our analysis and advice is informed through consultation and ongoing engagement with the broadest range of stakeholders, including government, peak organisations, business, academia and the broader community.
With offices in Canberra, Sydney, Melbourne and a small pilot office in Perth our staff engage closely with business and industry to better understand the issues and challenges they face.
The Treasury provides advice on Australia’s competition and consumer policy framework, social policy issues, health, housing, regulatory reform and labour market issues.See more
The Treasury provides advice, analysis, forecasting and modelling on the domestic and global economy to the Treasurer and other portfolio ministers.See more
Treasury advises Government on all aspects of retirement income policy, including superannuation and Age Pension policies, and on the adequacy of retirement incomes. This includes modelling of the implications of demographic trends and Government policy on households, as well as Government revenue and expenditure.See more
It is the role of the Treasury to provide advice on effective tax and retirement income arrangements that contribute to the overall fiscal outcome, influence strong sustainable economic growth for the good of the Australian people.
The Treasury is responsible for assessing and advising on the general design of the tax system and its components, and retirement income policy, in relation to economic efficiency, equity, income distribution, budgetary requirements and economic feasibility.