Treasury’s Financial Risk Management team has a strong and transformative role to create a sustainable State which can meet both expected and unexpected challenges, while at the same time extending its wealth and reputation.
We do that by designing and implementing financial frameworks and platforms and by taking financially aware decisions which enable the State to:
1. Get the most out of the WHOLE of our current spend – ensuring the dollars we spend today always deliver the outcomes they are expected to – in the most effective and efficient way.
2. Get the most out of ALL of our assets and resources (that sit on our balance sheet) – turning underutilised assets into ones which stimulate growth into the future.
This is a change in focus away from an incremental, year to year management of finances at the margin, to risk, investment and performance-informed allocation of resources over multiple years.