Department of Finance

Finance provides advice to the Australian Government relating to commercial entities and nine Commonwealth Government Business Enterprises (GBEs) - ASC Pty Ltd, Australian Naval Infrastructure Pty Ltd, Australian Postal Corporation, Australian Rail Track Corporation Limited, Defence Housing Australia, Moorebank Intermodal Company Limited, NBN Co Limited, Snowy Hydro Limited and WSA Co Limited. Our role includes oversight of accountability and governance arrangements, board appointments and GBE financial performance and sustainability. We provide advice on financing strategies and processes, future ownership arrangements and ongoing service delivery, with the overarching focus on improving how these GBEs and their underlying assets are managed. Finance works closely with partner shareholder departments, the departments of Communications and the Arts, Defence, Environment and Energy, and Infrastructure, Transport, Cities and Regional Development, in supporting ministers and engaging with GBE management.