Treasur y Annual Report 2019 – 20 Department of Treasury and Finance Department of Treasury and Finance Annual Report 2019–20 © Government of Tasmania 2020 Excerpts from this publication may be reproduced, with appropriate acknowledgement, as permitted under the Copyright Act 1968. An electronic version of this report is available at www.treasury.tas.gov.au For further information please contact: Department of Treasury and Finance GPO Box 147 HOBART TAS 7001 Published October 2020 ISSN 1836-1277 (Print) ISSN 1836-1285 (Online) Department of Treasury and Finance The Treasury Building 21 Murray Street, HOBART TAS 7000 GPO Box 147, HOBART, TAS 7001 Australia Telephone (03) 6166 4444 Email: [email protected] Web: www.treasury.tas.gov.au Peter Gutwein MP Michael Ferguson MP Premier Minister for Finance Treasurer Dear Ministers In accordance with the requirements of section 36(1) of the State Service Act 2000 and section 42 of the Financial Management Act 2016, I am pleased to submit for presentation to Parliament, the 2019-20 Annual Report of the Department of Treasury and Finance. Yours sincerely TONY FERRALL Secretary 23 October 2020 Department of Treasury and Finance Annual Report 2019–20 1 Contents 1 OUR DEPARTMENT 4 Organisation structure 5 Governance 6 Functions and services 11 Associated entities 13 2 OUR PERFORMANCE 17 Corporate Direction – Priority 1 17 Corporate Direction – Priority 2 18 Corporate Direction – Priority 3 19 Corporate Direction – Priority 4 19 Corporate Direction – Priority 5 20 Corporate Direction – Priority 6 20 Key performance indicators 21 3 OUR PEOPLE 24 Staff in focus 24 People strategy 28 4 OUR FINANCES 31 5 OUR COMPLIANCE REPORT 146 6 INDEX 170 Compliance index 170 Contact us 175 2 Department of Treasury and Finance Annual Report 2019–20 1 2 3 4 5 6 OUR OUR OUR OUR OUR INDEX DEPARTMENT PERFORMANCE PEOPLE FINANCES COMPLIANCE REPORT Message from the Secretary 2019-20 was extraordinary and I would also like to recognise unpredictable, with COVID-19 Treasury staff for their support in presenting a number of challenges undertaking our business-as-usual to Treasury. tasks over the past six months. I appreciate the responsible and As the COVID-19 situation professional way in which staff escalated, we were able to quickly continued to deliver our core adapt our business processes to services, from home workspaces, in enable our staff to work effectively a rapidly changing environment. from home workplaces. In 2020-21 we will continue to face Many staff were involved in many challenges. As a Department, the implementation of the we will need to continue to be Government’s stimulus measures, responsive and adaptable to and assisting people and businesses the changing needs of our key impacted by COVID-19. Establishing stakeholders whilst meeting the the systems to support these challenges of our environment. important initiatives required a significant amount of effort across As Secretary of the Department a number of branches. I would like of Treasury and Finance, I am to take this opportunity to thank all pleased to present the 2019-20 staff involved for the commitment, Annual Report. dedication and excellence demonstrated in supporting the community throughout the COVID-19 response. TONY FERRALL Secretary 23 October 2020 Department of Treasury and Finance Annual Report 2019–20 3 1 2 3 4 5 6 OUR OUR OUR OUR OUR APPENDICES DEPARTMENT PERFORMANCE PEOPLE FINANCES COMPLIANCE & INDEX REPORT Our department The Department of Treasury and Our role Our values Finance is responsible for managing the Tasmanian Government’s Treasury works collaboratively with Treasury’s values are firmly financial resources and other agencies and stakeholders to: embedded and provide a shared implementing strategies to achieve sense of purpose and guide our – support the Government the Government’s economic, fiscal, decisions and behaviours. to deliver its economic and regulatory and property objectives. financial objectives; Integrity as it builds confidence, – improve Tasmania’s economic trust and self-respect and is the Our mission conditions; and foundation of open and honest communication. Treasury’s mission is to improve – deliver high quality efficient the wellbeing of Tasmanians by government services by Excellence as it challenges us providing: improving regulatory and to give our best and brings us administrative processes. recognition. – high quality advice and service delivery to the Premier/ Respect as it recognises the value Treasurer, Minister for Finance Our corporate plan of each of us and the contribution and our stakeholders; and we all make. Treasury’s Corporate Direction – effective and efficient is the key output from corporate Camaraderie as it builds administration of our financial, planning activities led by Treasury’s mutual trust and creates a fun and property and regulatory Executive Committee and supportive place to be. responsibilities. supported by senior managers. The Passion as it inspires us to achieve Corporate Direction identifies our great things. priorities, as well as our mission, key stakeholders and strategic risks. Performance against the Corporate Direction is reported in the Our Performance section of this Report. 4 Department of Treasury and Finance Annual Report 2019–20 1 2 3 4 5 6 OUR OUR OUR OUR OUR INDEX DEPARTMENT PERFORMANCE PEOPLE FINANCES COMPLIANCE REPORT TONY FERRALL SECRETARY ORGANISATIONAL STRUCTURE Treasury’s Executive team and organisational structure underwent changes during 2019-20. FIONA EMSADA JAMES JONATHON CALVERT BABIC CRAIGIE ROOT Anton Voss was appointed to DEPUTY DEPUTY DEPUTY DEPUTY the role of CEO, TASCORP in SECRETARY SECRETARY SECRETARY SECRETARY September 2019. As a result, the Economic and Corporate and Budget and Revenue, Gaming role of Deputy Secretary, Strategic Financial Policy Governance Finance Division and Licensing Energy Projects was abolished and Division Division Division responsibility for the development of KATE State-level policy options associated DEAN DAVID ANGELO BURGESS PATMORE BAILEY PAVLIDES with strategic energy matters was DIRECTOR ASSISTANT DIRECTOR DIRECTOR distributed within the Economic and Economic DIRECTOR Budget Revenue Financial Policy Division. ADRIAN CHRISTIAN Policy Office of the Management In November 2019, the role and DIRECTOR Secretary DEBORAH functions of the Project Management SECRETARIAT DAMIEN ELEANOR DAVIS NIKKI Office, Corporate & Governance Premier’s JARVIS PATTERSON ACTING Economic and ACTING KRUSHKA DIRECTOR DIRECTOR and Office of the Secretary ASSISTANT Social Recovery DIRECTOR Government Liquor and were reviewed and two separate DIRECTOR Advisory Council Inter- Finance and Gaming branches were established. They government Project Accounting are the Office of Secretary Branch and Financial Management and and the Project Management and Policy Governance ALLAN Governance Branch. WOOD JOY DIRECTOR The Premier announced the JODI WILLCOX CRANE Property establishment of the Premier’s DIRECTOR MANAGER Economic and Social Recovery Shareholder Human Advisory Council (PESRAC) in ABIGAIL Policy and Resources SHELLEY April 2020 to provide advice to Markets DIRECTOR the Government on strategies and ROB Procurement, initiatives to support the short CHRIS HIDDING Risk and DIRECTOR to medium and the longer term LOCK Contract recovery from the COVID-19 DIRECTOR Information Management pandemic. A dedicated unit has been Office of the and Technology created within Treasury to provide Tasmanian Services support for PESRAC. The PESRAC Economic Regulator Secretariat is led by Adrian Christian ASSOCIATED ENTITIES and includes staff from across a number of Government agencies. JUDITH KEITH Tasmanian Liquor and Tasmanian Economic ACTING Gaming Commission Regulator DIRECTOR Office of the Superannuation State Grants Superannuation Commission Commission Commission Department of Treasury and Finance Annual Report 2019–20 5 1 2 3 4 5 6 OUR OUR OUR OUR OUR APPENDICES DEPARTMENT PERFORMANCE PEOPLE FINANCES COMPLIANCE & INDEX REPORT GOVERNANCE Commissioner for Licensing Our governance The Commissioner for Licensing is Treasury has a robust governance appointed under the Liquor Licensing arrangements framework that includes clear Act 1990. During 2019–20, the A range of governance committees accountabilities for effective office of Commissioner was held by and processes provide assurance leadership and decision-making. Jonathon Root, Deputy Secretary, that we effectively manage our Revenue, Gaming and Licensing resources and risks to deliver our Statutory office Division. Performance information key priorities. for the Division is available in the holders Our Performance section of this The Secretary is supported by the Report. Executive Committee comprising Secretary the Secretary, Deputy Secretaries Commissioner of State and invited rotating members The Secretary has overall who support diversity in senior responsibility for the performance Revenue decision-making. and management of Treasury The Commissioner of State and is accountable to both the Revenue is appointed under the Senior managers provide input Premier/Treasurer and Minister for Taxation Administration Act 1997. into the corporate planning Finance. The Secretary is a Head of During 2019–20, the office of process supporting the Executive Agency as defined by theFinancial Commissioner was held by Jonathon Committee to determine the Management Act 2016 and the State Root, Deputy Secretary, Revenue, business activities and projects to Service Act 2000 and pursuant to