The Financial Management Group is responsible for advice on and management of the Territory's financial arrangements and its budget.
The key responsibilities of the Financial Management Group include:
| - | the development and management of the Territory Budget; |
| - | providing advice to the Treasurer, the Government and agencies on budget proposals, assisting agencies and monitoring agency performance in delivering their outputs; |
| - | coordination, analysis and monitoring of the Territory's Infrastructure Program; |
| - | managing the preparation and analysis of both agency and whole of government financial statements in the development of the Budget and preparation of financial statements throughout the year; |
| - | managing the Central Holding Authority; |
| - | developing, updating and maintaining Treasury's whole of government budgeting and reporting system and; |
| - | meeting the Territory's external reporting requirements and playing a major role in developing and monitoring the Territory's Fiscal Strategy. |
Effective advice to Government on management of the Territory's financial resources.
Analysis on whole of government resource allocation and reporting of the Territory's financial resources through:
| - | whole of government budgeting and financial reporting; |
| - | monitoring agency financial and output performance, including analysis of agency budget proposals; and |
| - | reporting and analysis of the Infrastructure Program for Government. |
Prudent management of the Government's loans, borrowings and investment program.