Treasury (Australia)

The Treasury

The Treasury Building, Langton Crescent, Parkes, Canberra
Department overview
Formed	January 1901
Jurisdiction	Australia
Headquarters	Parkes, Canberra
Employees	1,466 (2023)[1]
Annual budget	$377 million (2022/23)
Ministers responsible	Jim Chalmers, Treasurer Stephen Jones, Assistant Treasurer
Department executive	Steven Kennedy, Secretary
Child department	See below
Website	treasury.gov.au

The Department of the Treasury, also known as The Treasury, is the national treasury and financial department of the federal government of the Commonwealth of Australia. The treasury is responsible for executing economic and fiscal policy, market regulation and the delivery of the federal budget with the department overseeing 16 agencies. The Treasury is one of only two departments that have existed continuously since Federation in 1901, the other being the Department of the Attorney-General.

The most senior public servant in the Treasury is the department secretary, currently Steven Kennedy who was appointed in September 2019.^[2] Ministerial responsibility for the department lies with the Treasurer, currently Jim Chalmers who took office in the Albanese government in May 2022.