The Department of Finance (also called DoF) was an

Australian government The Australian Government, also known as the Commonwealth Government, is the national government of Australia, a federal parliamentary constitutional monarchy. Like other Westminster-style systems of government, the Australian Government i ...

department Department may refer to: * Departmentalization, division of a larger organization into parts with specific responsibility Government and military *Department (administrative division), a geographical and administrative division within a country, ...

with the mission to support and promote excellence in Commonwealth financial management and budgeting, and in program performance throughout the public sector. The department existed between December 1976 and October 1997.

History

The department was split from the Department of the Treasury in 1976 with the aim to separate financial oversight functions from economic policy functions generally, emulating changes Canadian Prime Minister

Pierre Trudeau Joseph Philippe Pierre Yves Elliott Trudeau ( , ; October 18, 1919 – September 28, 2000), also referred to by his initials PET, was a Canadian lawyer and politician who served as the 15th prime minister of Canada The prime mini ...

had introduced to his government.

Outcomes and scope

The department's mission was to support and promote excellence in Commonwealth financial management and budgeting, and in program performance throughout the public sector. Information about the department's functions and/or government funding allocation could be found in the Administrative Arrangements Orders, the annual Portfolio Budget Statements, in the department's annual reports and on the department's website. At its creation, the department dealt with: *Examination, review and evaluation of governmental expenditure proposals and programs. *Collection and analysis of forward estimates of expenditure; and *Administration of the Public Account.

Structure

The department was an

Australian Public Service The Australian Public Service (APS) is the federal civil service of the Commonwealth of Australia responsible for the public administration, public policy, and public services of the departments and executive and statutory agencies of the G ...

department, staffed by officials responsible to the Minister for Finance.

Notes

References and further reading

* Ministries established in 1976

Finance Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of fina ...

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