Appendix 5
Treasury portfolio structure and outcomes
1.1
Portfolio Minister
—Treasurer
The Hon Scott Morrison
MP
Minister for Small Business
and Assistant Treasurer
The Hon Kelly O'Dwyer
MP
Assistant Minister to
the Treasurer
The Hon Alex Hawke MP
Department
of the Treasury
Secretary:
Mr John Fraser
Informed decisions on the development and implementation of policies to improve the wellbeing of the Australian people, including
by achieving strong,
sustainable economic growth, through the provision
of advice to government and the efficient administration of federal
financial relations
Australian Bureau of Statistics
Australian
Statistician: Mr David Kalisch
Informed decisions, research and discussion within governments and the community
by leading the collection, analysis and provision of high
quality, objective and relevant statistical information
Australian Competition and Consumer Commission
Chairman:
Mr Rod
Sims
Lawful competition, consumer protection, and regulated national infrastructure markets and services through regulation, including enforcement, education, price monitoring and determining
the terms of access to infrastructure services.
Australian Office
of Financial Management
Chief
Executive Officer:
Mr Rob Nicholl
The advancement of macroeconomic growth and
stability, and the effective operation of financial markets, through issuing
debt, investing in financial assets and
managing debt, investments and cash for
the Australian Government.
Australian Prudential Regulation Authority
Chairman:
Mr Wayne
Byres
Enhanced public confidence in Australia's financial institutions through
a framework of prudential regulation which balances financial safety and
efficiency, competition, contestability
and competitive neutrality.
Australian Securities and Investments Commission
Chairman:
Mr Greg Medcraft
Improved
confidence in Australia’s financial markets through
promoting informed investors and financial consumers, facilitating
fair and efficient markets and
delivering efficient registry
systems
Australian Taxation Office
Commissioner:
Mr Chris Jordan
AO
Confidence in
the administration of aspects
of Australia's taxation and superannuation systems
through helping people understand
their rights and
obligations, improving
ease of compliance and access
to benefits, and managing non-compliance with the law
Commonwealth Grants
Commission
Secretary:
Mr John Spasojevic
Informed Government decisions on fiscal
equalisation between the States and Territories through advice and recommendations on the distribution of GST
revenue and health care grants
Inspector-General
of Taxation
Inspector-General:
Mr Ali
Noroozi
Improved tax administration through community
consultation, review
and independent advice
to Government
National
Competition Council
President:
Mr David Crawford
Competition in markets that are dependent on access to nationally
significant monopoly infrastructure, through recommendations and decisions promoting
the efficient operation of, use of and investment
in infrastructure
Office of the Auditing and Assurance Standards Board
Chairman:
Ms Merran Kelsall
The formulation and making
of auditing and assurance standards that are used by auditors of Australian entity
financial reports
or for other
auditing and assurance engagements
Office of the Australian
Accounting Standards Board
Chairman:
Ms Kris
Peach
The formulation and
making of accounting standards that are used
by Australian entities to prepare financial reports and enable users of these reports to make informed decisions
Productivity
Commission
Chairman:
Mr Peter
Harris
Well-informed policy decision-making and
public understanding on matters relating to Australia’s productivity and living
standards, based on
independent and transparent analysis from a community- wide perspective
Royal
Australian Mint
Chief
Executive Officer:
Mr Ross MacDiarmid
The coinage
needs of the Australian economy, collectors and foreign countries are met through
the manufacture and sale
of circulating coins, collector coins and
other minted like products
Source: Portfolio
Additional Budget Statements 2015–16,
Treasury portfolio, pp. 4–5.
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