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 products.
PROGRAM 1.1 - ROYAL AUSTRALIAN MINT
To produce and distribute circulating coins, collector coins and minted like products to meet the demands of the Australian economy, collectors and foreign countries.
KEY PRIORITIES IN 2018–19
The Mint’s 2018–19 Portfolio Budget Statements and internal planning processes identified the following key priorities for Outcome 1:
Production, maintenance and sales to meet demand for:
- Australian circulating coins
- foreign country circulating coins
- numismatic products, and
- other custom minted products.
Maintenance of Australia’s National Coin Collection
Tourism and education services to public and school groups at the Mint and through the outreach program, to cities and regions around Australia:
- maintain the Mint’s visitor gallery, including building and surrounds
- roll-out education programs to school students who visit the Mint, and
- increase public understanding on the cultural and historical significance of coins.
KEY OUTCOMES IN 2018–19
Outcome 1 – 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.
Program 1.1: Royal Australian Mint
Program 1.1 is the Mint’s sole program and the sole contributor to Outcome 1. Crucial to the provision of Outcome 1 is the requirement for the Mint to operate efficiently. The Mint is primarily a self-funded business operation, receiving government funding for capital projects only. In addition, the Mint is required to provide a return on investment to the Australian Government through remittance of seigniorage to the Official Public Account.
The Mint’s key performance indicators for 2018–19 are:
- produce and deliver Australian circulating coins in a cost effective and timely manner
- optimum return on investment
- commercial orders placed are produced and delivered within agreed delivery time
- maintain visitor satisfaction rating of the Mint experience
- increase visitor numbers compared to previous year
- provide a safe, secure and sustainable operation environment
- build on brand awareness, and have engaged, motivated and committed staff.
Organisational Chart as at 30 June 2019
The following four sections report to the Royal Australian Mint's Chief Executive Officer, Ross MacDiarmid:
- Sales and Marketing
- Systems and Process Management
- Tooling, Coining and Engineering
- Quality Management Systems
- NBL Operations
- Human Resources
Senior Management Team as at 30 June 2019
The Royal Australian Mint's Senior Management Team is:
Ross MacDiarmid, Chief Executive Officer
Mark Cartwright, Sales and Marketing General Manager
Jennifer Makunde, A/g Chief Financial Officer
John Cock, A/g Systems Process Manager
Colin Dedourek, Tooling, Coining and Engineering Manager
Esther McVicar, Quality Systems Manager
Sam Murthi, Numismatical Business Line Operations Manager
Marga van den Heever, Human Resources Manager