Can Treasury regain its economic influence?
Updated: Sep 30, 2019
Treasury is one of Australia's great enduring institutions, having survived, largely intact, since Federation. For most of its history, Treasury has provided governments with rigorous, impartial policy advice framed to support the long-term growth potential of the Australian economy. At its best, Treasury has been a reformist agency that has supported and pushed governments in policy reform partnerships. At other times, Treasury has played a crucial conservative role in mounting arguments against economically harmful policies.