Our Executive

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Mr Philip Gaetjens

Secretary to the Australian Treasury

Mr Gaetjens was appointed Secretary to the Treasury with effect from 1 August 2018.

Prior to his appointment as Treasury Secretary, Mr Gaetjens was Chief of Staff to Treasurer the Hon Scott Morrison MP.

Mr Gaetjens has more than 40 years’ experience in Commonwealth and State public sectors. He began as an Assistant Research Officer in the Bureau of Transport Economics in 1977 and progressed through the Department of Transport in its various incarnations working on land transport, aviation, telecommunications and government business enterprise reforms. Mr Gaetjens was then seconded to the Department of Prime Minister and Cabinet before becoming a Senior Adviser in the Infrastructure Branch in 1993. During this time his principal responsibilities included electricity reform including the creation of the National Electricity Market.

In 1994 he was the Parliamentary Liaison Officer in the Australian Senate, assisting the Manager of Government Business programming legislation in that chamber.

Mr Gaetjens joined the South Australian Department of Treasury and Finance as Assistant Under Treasurer (State Enterprises) in 1995. He was charged with shaping a microeconomic reform agenda, including improving the governance and performance of State utilities. As Acting Deputy Under Treasurer in 1996, he managed the 1996-97 State Budget and oversighted three branches as well as playing a key role in structurally separating the State’s electricity utility.

Between 1997 and 2007, Mr Gaetjens was Chief of Staff to Treasurer the Hon Peter Costello MP, including a period in a dedicated Tax Unit to oversee the introduction and legislative passage of A New Tax System, in which the GST and other tax reforms were implemented.

Mr Gaetjens commenced 2008 as Chief Adviser, Competition and Consumer Policy Division in the Treasury. His focus was on competition policy and infrastructure issues, including membership of a cross-Government committee of officials on the National Broadband Network and supporting the Treasury Secretary as a member of the Broadband Panel of Experts.

In August 2008, he commenced an overseas posting as the inaugural Director of the Asia-Pacific Economic Cooperation (APEC) Policy Support Unit in Singapore. The Unit was established to provide the APEC Secretariat and member economies with policy and research capability to further champion free and open trade and investment as well as the promotion and acceleration of regional economic integration.

After returning to Australia late in 2010, Mr Gaetjens returned to the Treasury in February 2011 as Secretary of the GST Distribution Review.

In August 2011, Mr Gaetjens was appointed to the position of Secretary of the New South Wales Treasury after an international search exercise and a merit selection process. While there, Mr Gaetjens was also a member of the advisory board of the NSW Commission of Audit (Schott Review), Secretaries Board, Chair of NSW Treasury Corporation and a board member of Infrastructure NSW.

Mr Gaetjens holds a Graduate Diploma in Accounting from the University of Canberra and a Bachelor of Arts (Honours) from Flinders University.


Mr Simon Atkinson

Deputy Secretary, Fiscal Group

 

Mr Matt Flavel

Deputy Secretary, Corporate Services and Business Strategy Group

Matt Flavel was appointed Deputy Secretary of Corporate Services and Business Strategy Group (CSBSG) in July 2017. Prior to this role Matt was the Division Head of Budget Policy Division in Treasury, assisting in the delivery of three Federal Budgets.

In addition Matt has worked across a range of areas of Treasury including business taxation, government balance sheet management, and international policy.

Matt was the Australian Treasury representative at Australia’s Permanent Delegation to the OECD in Paris from 2010 to 2012. In this role Matt represented Australia on a range of economic matters at the OECD.

Prior to Treasury, Matt worked with the Department of Finance on budget and fiscal policy issues. Matt holds a Master of Financial Management from Australian National University and an Honours degree in Economics from Adelaide University.

Mr Paul Verschuer

Deputy Secretary, Markets Group

Paul Verschuer commenced as Deputy Secretary, Markets Group in February 2019.

The Markets Group provides the Government with policy advice that promotes dynamic, well-functioning markets, a strong and fair financial system, and openness to international capital. They are responsible for reforms that enhance competition and safeguard the public interest in key areas such as consumer policy, financial system, business and corporations law, and foreign investment.

Paul brings 30 years of industry experience to Treasury, having commenced his career with Macquarie Bank in 1987. Paul led global financial markets businesses for Bankers Trust, Zurich Capital Markets and Westpac. Moving to the government sector in 2017, Paul was the General Manager, Financial Markets, for the NSW Treasury Corporation. Paul was an advisor to the NSW Secretary of the Treasury through his membership of the NSW State ALCO. He also serves on the Policy Council of the Banking and Finance Oath and is a member of the UNSW Science Advisory Council.

Paul has extensive governance experience including previous roles as Chair of the Australian Foreign Exchange Committee for the Reserve Bank of Australia, and as Australia’s representative at the annual Global Central Banks FX Committees meetings through the financial crisis. He has also served as a Trustee of the Westpac Foundation, and as a member of the Governance Committee of the Australian Financial Markets Association. 

Paul is an alumni of UNSW, having completed a Bachelor of Science degree (Pure Mathematics) in 1987. Paul also holds an MA (Communication) and MIR (International Relations) from Macquarie University and has also completed the INSEAD Advanced Management Program in Fontainebleau, and the University of Cambridge Business and the Environment Program.

Ms Maryanne Mrakovcic

Deputy Secretary, Revenue Group

Maryanne Mrakovcic commenced as Deputy Secretary, Revenue Group in May 2016.

In this position, Maryanne provides advice to the Government on revenue and taxation policy matters. The work of the Group includes the provision of revenue forecasts and costings of taxation policies, analysis of the economic and social effects of taxation policy proposals, undertaking consultations and advising on taxation policy options, instructing parliamentary counsel on the design of taxation laws and supporting the passage of taxation legislation through Parliament. The Group also contributes to public understanding of revenue matters through contributions to budget and other government publications.

Prior to her current role, Maryanne was Associate Secretary of the Fiscal and Economic Group at the NSW Treasury. Maryanne held this position from February 2013 to May 2016.  The Group advised on the State’s fiscal and economic strategy and played a key role in coordinating high-impact policy issues with state-wide economic implications. Maryanne was also responsible for the Financial Management Transformation Project involving significant reforms to financial reporting in the NSW public sector.

Prior to joining NSW Treasury, Maryanne’s career spanned 30 years with the Australian Treasury including five years spent at the International Monetary Fund (IMF).  Maryanne has worked across all areas of Treasury and held senior roles including Chief Advisor (International) and Division Head roles including Tax Analysis Division, Industry, Environment and Defence Division, International Finance Division and Retirement and Personal Income Division, as well as Principal Advisor (Budget). 

While at the IMF, Maryanne spent the first two years as an Advisor in the Office of the Australian Executive Director, before joining the European Department where her time was spent advising countries undergoing the transformation from centrally planned to market economies.  

Maryanne holds a Masters of Economics from the Australian National University and a Bachelor of Arts (Honors) (Economics) from the University of Sydney.  Maryanne has also completed the INSEAD Advanced Management Program.  
 

Ms Meghan Quinn PSM

Deputy Secretary, Macroeconomic Group

Macroeconomic Group advises the Treasury ministers on a wide range of matters relating to the performance of the Australian economy. These matters include current economic conditions and the outlook for the Australian economy, macroeconomic policies (i.e. monetary and fiscal), and current and prospective international economic issues.

Prior to commencing this role in January 2019, Meghan was the Deputy Secretary, Structural Reform Group,  Division Head, Financial System Division in Treasury’s Markets Group, Head of Secretariat for the Government’s Australia in the Asian Century White Paper (based in the Department of Prime Minister and Cabinet), Division Head of the Macroeconomic Modelling Division and Principal Adviser for Forecasting, both based in Treasury. Meghan has extensive macroeconomic modelling and policy experience developed through her time in the Australian Treasury and the Bank of England (1996-2004). Meghan has a Masters of Economics from the London School of Economics and a Bachelor of Economics (1st honours) from the University of Western Australia.

Meghan was awarded the Public Service Medal in 2009.