Australian Treasury

What Australian Treasury does

The Australian Treasury (legally "The Department of the Treasury") is a federal government department of the Commonwealth of Australia, founded in 1901 at Federation and headquartered at Langton Crescent, Parkes, ACT. It serves as the Australian Government's lead economic adviser, developing economic policy, preparing the annual federal budget, advising on tax and superannuation policy, and implementing regulatory frameworks across banking, finance, taxation, superannuation, housing, and consumer protection. The department is led by the Treasurer (The Hon Dr Jim Chalmers MP since May 2022) and a portfolio of ministers covering housing, small business, financial services, productivity, and competition, and operates with 10,000+ employees.

Name

Australian Treasury

Legal name

The Department of the Treasury

Website

https://treasury.gov.au

Company type

Private

Founded year

1901

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

The Australian Treasury is the Australian Government's lead economic adviser, founded in 1901 and headquartered in Canberra. It develops economic policy, prepares the federal budget, and advises on taxation, superannuation, banking, and consumer protection for the Australian public.

Ownership category

akta.pro rank

Product category

Public Sector Economic Policy

NAICS

Public Finance Activities (921130), Public Finance Activities (92113)

SIC

Finance Services (6199)

akta.pro primary industry

Treasury & Cash Management (BPAIAEAB)

akta.pro secondary industries

Budgeting & Fiscal Planning (BPAIAEAA), Government Accounting & Financial Reporting (BPAIAEAD)

Keywords

• Fiscal policy advice
• Economic policy development
• Government budget preparation
• Tax policy regulation
• Public financial management

Headquarters

HQ city

Canberra

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Distribution channels1 record

Marketing channels4 records

Core offering

The Australian Treasury is the Australian Government's lead economic adviser, providing economic and fiscal policy advice to the Government and implementing policies and programs to achieve strong and sustainable economic and fiscal outcomes. It develops the annual Federal Budget, designs policy frameworks for banking, taxation, superannuation, housing, and consumer protection, runs public consultations on proposed reforms, and publishes authoritative economic analysis and policy documents.

Product overview

Australian Treasury operates as a single unified government information portal providing policy advisory services, consultations, publications, and media communications. The portal offers policy topic areas covering Banking and Finance, Budget, Business and Industry, Consumers and Community, Economy, Future Made in Australia, Housing, Measuring What Matters, Superannuation, and Taxation. Related services include Freedom of Information request processing, privacy impact assessments for initiatives such as the Consumer Data Right, and accessibility-compliant document delivery. There are no discrete commercial software products or modules; instead, the Treasury website functions as an integrated information and engagement platform for government policy activities.

Differentiator

Problem solved

Functional benefit

Products and services

• Treasury Policy Topics Portal
• Treasury Consultations Platform
• Treasury Publications Repository
• Treasury Portfolio Website Network
• Privacy Impact Assessment Registry

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Australian Competition and Consumer Commission (ACCC)coreTechnology or IntegrationACCC is a key agency partner in the design and implementation of the Consumer Data Right, working alongside Treasury to develop privacy impact assessments and regulatory frameworks.
• Office of the Australian Information Commissioner (OAIC)coreTechnology or IntegrationOAIC is a core partner in Consumer Data Right implementation, collaborating on privacy impact assessments and developing guidelines for data protection in the CDR regime.
• CSIRO's Data61coreTechnology or IntegrationData61 is a key technical partner in Consumer Data Right design and implementation, providing technical expertise and data standards development.
• Australian Government Agencies PortfoliocoreOthersTreasury coordinates with various Australian Government agencies across its portfolio responsibilities including budget, taxation, banking, and economic policy.

Recent moves6 records

Expansion highlights4 records

Direct peers

• The Treasury (New Zealand): New Zealand's lead economic adviser providing budget, tax, and regulatory policy advice. Highly comparable to Australian Treasury given shared Westminster tradition, similar policy framework, and overlapping economic policy domains.
• Department of Finance Canada: Canada's federal department responsible for economic and fiscal policy, tax policy, and financial sector regulation. Comparable in scope to Australian Treasury, with similar mandate over budget preparation and economic advisory functions.
• Australian Office of Financial Management (AOFM): Australian Government agency within the Treasury portfolio responsible for managing Australian Government debt and investments. Direct peer operating under the same portfolio minister with closely related financial administration functions.
• U.S. Department of the Treasury: United States' national treasury department responsible for economic policy, tax administration, and financial regulation. Directly comparable in its role as lead economic adviser to government, fiscal policy development, and oversight of banking and finance.
• HM Treasury (UK): United Kingdom's economic and finance ministry responsible for fiscal policy, the budget, and tax policy. Closest analog to Australian Treasury in scope, mandate, and structure as a national-level finance department advising the head of government.
• Ministry of Finance (Singapore): Singapore's ministry responsible for fiscal policy, budget management, and economic strategy. Comparable as a small, advanced economy's lead finance ministry with a whole-of-government economic advisory remit.

Others

• Australian Bureau of Statistics (ABS): Australian Government agency providing economic and fiscal data that underpins Treasury's forecasting and policy work. Closely aligned ecosystem partner within the same data and statistical infrastructure.
• OECD - Economic Policy and Fiscal Affairs: International organization producing economic policy research and benchmarking public finance practices. Comparable as a thematic peer on fiscal policy frameworks, budgeting, and economic surveillance that Treasury engages with.

Regional players

• Productivity Commission: Australian Government independent research body providing policy analysis on economic, social, and regulatory issues. Comparable as a domestic peer contributing to economic and regulatory policy debates that Treasury responds to.

Broad incumbents

• Reserve Bank of Australia (RBA): Australia's central bank operating in the broader economic policy domain. While RBA handles monetary policy and Treasury handles fiscal policy, both are central to Australian economic stewardship and frequently coordinate on macro-financial outcomes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/treasury_au
• Facebookfacebook.com/australiantreasury
• LinkedInlinkedin.com/company/commonwealth-treasury

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Australian Treasury