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Treasury's purpose

Treasury’s purpose is to support and implement informed decisions on policies for the good of the Australian people, consistent with achieving strong, sustainable economic growth and fiscal settings, as set out in the Corporate Plan 2019-20 (Corporate Plan).

Treasury’s purpose statement in the Portfolio Budget Statements 2019-20 (PBS) was consistent with Treasury’s outcome statement – to support and implement informed decisions on policies for the good of the Australian people, consistent with achieving strong, sustainable economic growth and fiscal settings.

As set out in the Corporate Plan, Treasury pursues its purpose through directing our efforts across four strategic focus areas:

  • promoting a sound economic environment
  • effective Government spending arrangements and regulations
  • well-functioning markets to encourage consumer and investor confidence
  • sustainable taxation and revenue arrangements.

To enable a clear read between the PBS and the Corporate Plan, the Annual Performance Statements include an analysis against each of the four areas of strategic focus set out in the Corporate Plan.