Colour head shot of Katy Gallagher, current Minister for Finance.

Senator the Hon Katy Gallagher

Minister for Finance

Ministerial responsibilities

The Minister for Finance has overall responsibility for the Finance portfolio, and particular responsibility for the following:

  • Budget policy advice and process, and review of government programs.
  • Government financial accountability, governance and financial management frameworks, including grants and procurement policy and services.
  • Shareholder advice on Government Business Enterprises (GBEs) and commercial entities treated as GBEs.
  • Policy guidance and management of act of grace requests and waiver of debts owed to the Commonwealth.
  • Policy guidance for Comcover, the government’s self-managed insurance fund, and risk policy.
  • General policy guidelines for Commonwealth statutory authorities.
  • Superannuation arrangements for Australian Government civilian employees and parliamentarians, and retirement benefits for Governors-General, Federal Judges and Federal Court Judges.
  • Asset sales.
  • Policy advice on the Future Fund and Australian Government Investment Funds, and authorisation of payments from Australian Government Investment Funds to entities.
  • Government campaign advertising.
  • Whole-of-Australian-Government (WoAG) property policy and administration, including non-Defence owned property.
  • Regulatory reform.
  • Digital transformation and data.