26 September 2023

Finance Corporate Plan worth the money

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The Secretary of the Department of Finance, Jenny Wilkinson has released the Finance Corporate Plan 2023–24 in her very first year in the job.

According to Ms Wilkinson (pictured) the Department has transformed its purpose statement and key activities to reflect the breadth of activity Finance delivers.

“Further maturing and embedding our new performance framework, our approach to risk and embedding integrity will be a key focus for 2023–24,” Ms Wilkinson said.

“Finance’s purpose is to provide high quality advice, frameworks and services to achieve value in the management of public resources for the benefit of all Australians,” she said.

“This Corporate Plan – for the reporting period 2023–24 to 2026–27 – sets out how we will direct our efforts to achieve our purpose and deliver on the Government’s priorities.”

Ms Wikinson said that in the year ahead the Department will maintain a strong focus on supporting the Government to safeguard Australia’s economic prosperity and social outcomes, while our nation faces a range of ongoing economic, security and broader challenges that are affecting the lives of many Australians.

“The Department will continue to lead by example across the policies, frameworks and legislative commitments we hold stewardship responsibility for,” the Secretary said.

“Finance will work collaboratively with Commonwealth entities, the private sector and non-Government organisations to enhance the integrity and transparency of the Commonwealth’s procurement and grant frameworks.”

She said it would continue to support a stronger APS through improved training on a range of core capabilities including procurement, contract management, grants management and financial management.

“Finance will also deliver a wide range of the Government’s priorities, including the Government’s APS net zero commitments, supporting Australia’s acquisition of nuclear-powered submarine capability, implementing the Government’s commitment to a strengthened and expanded Digital ID system, working with the Digital Transformation Agency to support the implementation of the Data and Digital Government Strategy, and implementing improvements to Commonwealth parliamentary workplaces.”

“At Finance, we have a strong commitment to integrity, investing heavily over recent years in strengthening our integrity culture and supporting all staff to share responsibility to foster accountability and ethical behaviour across the Department,” she said.

“I look forward to the challenging work of the next several years and am pleased to present our Corporate Plan”.

Finance’s 34-page 2023-08 Corporate Plan 2023-24 can be accessed at this PS News link.

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