One of Victoria's oldest public institutions, the Treasury has existed in various forms throughout Victorian history. It is currently responsible for the state's economic and fiscal policy, taxation and delivery of the budget.
The Department of Treasury and Finance can trace its origins to the earliest days of the settlement that became the State of Victoria. The department is one of Victoria’s oldest institutions, predating the Parliament of Victoria by more than a decade.
As well as being involved in collecting revenue from land sales and customs duty, the treasury became the principal agency responsible for the sale and safe storage of gold extracted from Victoria’s mines in the second half of the nineteenth century (see Victorian Gold Rush).
The building of the treasury (now known as 'the old treasury building'), along with other civic offices like the Parliament, Customs House, and Post Office, was a reaction by authorities who wanted to display state power in Melbourne because of fears of public disorder following the gold rush.[1]
Buildingsedit
1 Macarthur Street
The Department of Treasury and Finance performs its operations in two main buildings:[2]
Barry Patten designed 1 Treasury Place and built it in the 1960s according to the Internationalist style of architecture. The building is also on the Victorian Heritage Register.[3] Since a skyway connects 1 Treasury Place to 1 Macarthur Street, both are often considered to be part of the same building. The whole area linking Parliament House, St. Patrick's Cathedral, Fitzroy Gardens, and Treasury Gardens is called the Treasury Reserve, a heritage-listed precinct.[4]
Before 1878, the Victorian Treasury was situated at the corner of Spring Street and Macarthur Street. When the state treasurer and his officers moved to Treasury Place, the old building was renamed the Old Treasury.[5] Old Treasury was widely regarded as the finest 19th century public building in Australia. Upstairs in the building, Treasury officials kept the colony’s accounts. Below, in the basement, were bluestone vaults for storing the gold sent by government escort from the goldmining fields.[6]
Ministersedit
As of January 2023[update], the DTF supports two ministers in the following portfolio areas:[7]
^Treasury Reserve Precinct, Heritage Council of Victoria, 11 July 2010.
^Old Treasury Building 14 April 2009 at the Wayback Machine, About.com
^Precinct 8: The Capital 26 May 2010 at the Wayback Machine, Melbourne's Golden Mile, Visit Victoria.
^"Ministers". Department of Treasury and Finance Victoria. Retrieved 2 January 2023.
January 01, 1970
department, treasury, finance, south, australian, government, department, same, name, south, australia, often, informally, referred, treasury, government, department, victoria, australia, department, overviewformed31, march, 1995, 1995, preceding, agenciesdepa. For the South Australian government department of the same name see Department of Treasury and Finance South Australia The Department of Treasury and Finance DTF often informally referred to as the Treasury is a government department in Victoria Australia Department of Treasury and FinanceDepartment overviewFormed31 March 1995 1995 03 31 Preceding agenciesDepartment of TreasuryDepartment of FinanceJurisdictionVictoria AustraliaHeadquarters1 Treasury Place MelbourneMinisters responsibleTim Pallas TreasurerDanny Pearson Assistant TreasurerDepartment executiveDavid Martine SecretaryWebsitewww wbr dtf wbr vic wbr gov wbr auAgency IDPROV VA 3745 One of Victoria s oldest public institutions the Treasury has existed in various forms throughout Victorian history It is currently responsible for the state s economic and fiscal policy taxation and delivery of the budget Contents 1 History 2 Buildings 3 Ministers 4 Functions 5 NotesHistory edit nbsp 1 Treasury Place from Treasury Gardens The Department of Treasury and Finance can trace its origins to the earliest days of the settlement that became the State of Victoria The department is one of Victoria s oldest institutions predating the Parliament of Victoria by more than a decade As well as being involved in collecting revenue from land sales and customs duty the treasury became the principal agency responsible for the sale and safe storage of gold extracted from Victoria s mines in the second half of the nineteenth century see Victorian Gold Rush The building of the treasury now known as the old treasury building along with other civic offices like the Parliament Customs House and Post Office was a reaction by authorities who wanted to display state power in Melbourne because of fears of public disorder following the gold rush 1 Buildings edit nbsp 1 Macarthur Street The Department of Treasury and Finance performs its operations in two main buildings 2 1 Treasury Place 1 Macarthur Street Barry Patten designed 1 Treasury Place and built it in the 1960s according to the Internationalist style of architecture The building is also on the Victorian Heritage Register 3 Since a skyway connects 1 Treasury Place to 1 Macarthur Street both are often considered to be part of the same building The whole area linking Parliament House St Patrick s Cathedral Fitzroy Gardens and Treasury Gardens is called the Treasury Reserve a heritage listed precinct 4 Before 1878 the Victorian Treasury was situated at the corner of Spring Street and Macarthur Street When the state treasurer and his officers moved to Treasury Place the old building was renamed the Old Treasury 5 Old Treasury was widely regarded as the finest 19th century public building in Australia Upstairs in the building Treasury officials kept the colony s accounts Below in the basement were bluestone vaults for storing the gold sent by government escort from the goldmining fields 6 Ministers editAs of January 2023 update the DTF supports two ministers in the following portfolio areas 7 Name Party Portfolio Tim Pallas Labor Treasurer Danny Pearson Labor Assistant TreasurerFunctions editThe DTF has responsibility for the following policy areas Economic policy Fiscal policy Revenue policy including stamp duty payroll tax and land tax Appropriations and budget delivery State borrowing investment and financial arrangements Financial reporting and accountabilityNotes edit Gold Rush Town Marvellous Melbourne Museum Victoria Contact Details Department of Treasury and Finance 1 Treasury Place Walking Melbourne Treasury Reserve Precinct Heritage Council of Victoria 11 July 2010 Old Treasury Building Archived 14 April 2009 at the Wayback Machine About com Precinct 8 The Capital Archived 26 May 2010 at the Wayback Machine Melbourne s Golden Mile Visit Victoria Ministers Department of Treasury and Finance Victoria Retrieved 2 January 2023 Retrieved from https en wikipedia org w index php title Department of Treasury and Finance amp oldid 1199640074, wikipedia, wiki, book, books, library,
