Wikipedia
New South Wales Treasury
The Treasury of New South Wales, branded NSW Treasury, a department of the New South Wales Government, is responsible for state financial management policy and reporting, and providing advice to the government on economic conditions and issues in New South Wales, Australia. NSW Treasury was established in April 1824 and is the oldest continuing government agency in Australia.[2]
| Department overview | |
|---|---|
| Formed | April 1824 |
| Jurisdiction | New South Wales |
| Headquarters | 52 Martin Place, Sydney. NSW 2000 Sydney[1] |
| Ministers responsible |
|
| Department executive |
|
| Child agencies |
|
| Website | www.treasury.nsw.gov.au |
Core responsibilities Edit
[2] Management of NSW finances
- consistent collection and consolidation of financial information from public entities
- strong financial management through accurate data and advice
- effective delivery of the Budget and other financial reports, on behalf of the Treasurer.
Analysis, advice and delivery
- informed fiscal, economic, commercial and financial policy advice
- innovative reforms which support a strong and competitive economy
- providing fair and productive industrial relations and public sector wages policies
- robust risk management and governance frameworks.
Management of NSW assets
- value-creating commercial and financial transactions
- respected commercial, financial and service delivery reforms
- market-leading analysis and advice on private financing of public infrastructure
- managing, monitoring and advising on the efficiency and effectiveness of public sector commercial agencies.
Efficient management of NSW's cash resources is a key responsibility of Treasury. [3] A policy & guidelines paper published by Treasury in 2010 ('TPP10-2 Treasury Banking System Cash Forecasting and Banking Arrangements') provided the state's agencies with relevant information in relation to cash forecasting requirements and banking arrangements.[4] In 2015, the Expenditure Review Committee of the state's Cabinet directed that public sector agencies (excluding state-owned corporations and authorities specifically approved by the NSW Treasurer) would, from 1 April 2015, operate as part of the Treasury Banking System. This decision applied to all agency cash deposits held ‘at call’.[5]
Structure Edit
The Treasury is led by its Secretary, Paul Grimes PSM who reports to the ministers listed below.
Ministers Edit
The following ministers are responsible for administering The Treasury cluster:[6][7]
- Treasurer of New South Wales, currently The Honourable Daniel Mookhey MLC
- Minister for Finance, currently The Honourable Courtney Houssos MLC
Ultimately, the Treasurer and Minister for Finance are responsible to the Parliament of New South Wales.
Current structural groups Edit
The Treasury is divided into nine service groups that perform various functions on behalf of the department:[8]
- Economic Strategy and Productivity Group
- Trade, Tourism, Investment and Precincts Group
- Policy and Budget Group
- Commercial, Commissioning and Procurement Group
- Financial and Operations Group
- Human Resources
- Information Technology
- Office of the Secretary
- Office of the General Counsel
Departmental Head Edit
| Order | Agency head | Title | Term start | Term end | Term in office | Notes |
|---|---|---|---|---|---|---|
| 1 | Henry Lane | Under Secretary for Finance and Trade | 1 September 1856 | 30 January 1872 | 19 years, 27 days | |
| 2 | Geoffrey Eagar | 1 February 1872 | 28 February 1891 | 19 years, 27 days | ||
| 3 | Francis Kirkpatrick | 1 March 1891 | 10 May 1905 | 14 years, 70 days | ||
| 4 | Charles James Saunders | 11 May 1905 | 28 January 1907 | 1 year, 262 days | ||
| 5 | John William Holliman | 29 January 1907 | 15 January 1922 | 14 years, 351 days | ||
| 6 | Arthur Pattrick Pearson | Under Secretary of The Treasury | 16 January 1922 | 3 April 1923 | 1 year, 77 days | |
| 7 | John Spence | Under Secretary for Finance and Trade Director of Finance | 4 April 1923 | 21 November 1924 | 1 year, 231 days | |
| 8 | Sir Bertram Stevens | Director of Finance Under Secretary and Director of The Treasury | 22 November 1924 | 12 July 1925 | 232 days | |
| 9 | Clarence Radford Chapman | Under Secretary of The Treasury | 13 July 1925 | 29 July 1935 | 10 years, 16 days | |
| 10 | Thomas Joseph Dwyer Kelly | Under Secretary and Comptroller of Accounts | 30 July 1935 | 10 May 1938 | 2 years, 284 days | |
| 11 | Edmund Harold Swift | 11 May 1938 | 5 January 1942 | 3 years, 239 days | ||
| 12 | Mervyn Andrew Kerr Weir | 19 January 1942 | 31 December 1945 | 3 years, 346 days | ||
| 13 | John George Lee | 2 January 1946 | 30 June 1948 | 2 years, 180 days | ||
| 14 | Sir John Goodsell | 1 July 1948 | 29 April 1955 | 6 years, 302 days | ||
| 15 | Aubrey William Burleton Coady | 30 April 1955 | 13 October 1959 | 4 years, 166 days | ||
| 16 | William Gordon Mathieson | 14 October 1959 | 26 December 1963 | 4 years, 73 days | ||
| 17 | Edwin James Walder | 27 December 1963 | 21 September 1965 | 1 year, 268 days | ||
| 18 | Albert John Oliver | 22 September 1965 | 30 June 1971 | 5 years, 281 days | ||
| 19 | William Ernest Henry | 1 July 1971 | 16 January 1977 | 5 years, 199 days | ||
| 20 | Norman Oakes | 17 January 1977 | 23 February 1986 | 9 years, 37 days | ||
| 21 | Percy Allan | Secretary of The Treasury Chairman of the NSW Treasury Corporation | 24 February 1986 | 27 May 1994 | 8 years, 92 days | |
| 22 | Michael George Lambert | Secretary of The Treasury | 1 June 1994 | 31 January 1997 | 2 years, 244 days | |
| 23 | John Pierce | 16 April 1997 | 2 March 2009 | 11 years, 320 days | ||
| 24 | Michael Schur | 2 March 2009 | 28 April 2011 | 2 years, 57 days | [9][10] | |
| – | Michael Lambert (acting) | 28 April 2011 | 3 August 2011 | 97 days | [10] | |
| 25 | Phil Gaetjens | 3 August 2011 | 30 June 2015 | 3 years, 331 days | [11][12] | |
| 26 | Rob Whitfield | 1 July 2015 | 31 July 2017 | 2 years, 30 days | [13] | |
| 27 | Michael Pratt AM | 1 August 2017 | 28 January 2022 | 4 years, 180 days | [14] | |
| 28 | Paul Grimes PSM | 29 January 2022 | 14 April 2023 | 1 year, 75 days | [15] | |
| (acting) | Michael Coutts-Trotter | 15 April 2023 | incumbent | 179 days | [16] |
References Edit
- ^ "Contact us". NSW Treasury. Government of New South Wales. 2012. Retrieved 13 September 2012.
- ^ a b "About NSW Treasury". NSW Treasury. Government of New South Wales. Retrieved 27 July 2019.
- ^ "Cash Management | NSW Treasury". www.treasury.nsw.gov.au. Retrieved 30 September 2022.
- ^ "Cash Management | NSW Treasury". www.treasury.nsw.gov.au. Retrieved 30 September 2022.
- ^ "Banking and Financial Services | NSW Treasury". www.treasury.nsw.gov.au. Retrieved 30 September 2022.
- ^ "Parliament, Ministerial, Courts and Police (662)" (PDF). Government Gazette of the State of New South Wales. 21 December 2021.
- ^ "Administrative Arrangements (Second Perrottet Ministry—Allocation of Acts and Agencies) Order 2021". 21 December 2021. Retrieved 24 January 2022.
- ^ "Our groups". NSW Treasury. Government of New South Wales. Retrieved 27 July 2019.
- ^ "New Secretary of NSW Treasury Confirmed". Australia: Hawker Britton. March 2009. Retrieved 21 February 2017.
- ^ a b "NSW Treasury head quits". Australia: ABC News. 28 April 2011. Retrieved 21 February 2017.
- ^ "Appointment of Mr Phil Gaetjens as Secretary of the NSW Treasury". Australia: Barton Deakin Government Relations. August 2011. Retrieved 21 February 2017.
- ^ "Public Service Leadership Changes" (Press release). Government of New South Wales. 7 April 2015. Retrieved 21 February 2017.
- ^ Gluyas, Richard (6 June 2015). "Wide reaction to Whitfield's move to NSW Treasury". Business Spectator, The Australian. Australia. Retrieved 21 February 2017.
- ^ "Michael Pratt AM Appointed NSW Treasury Secretary". Australia: Government of New South Wales. 11 July 2017. Retrieved 28 May 2018.
- ^ "Announcement on NSW Treasury Secretary". NSW Government. 25 January 2022. Retrieved 26 January 2022.
- ^ "Minns Government public service changes to tackle state's challenges". NSW Government. 14 April 2023.
External links Edit
- NSW Treasury