The department's new functional responsibilities are stipulated in the Administrative Arrangements Order of 4 September 2012. A graphical presentation of the department's organisation chart is available for download.
Department of Treasury and Finance Organisational Chart (pdf, 66kb)
Department of Treasury and Finance Organisational Chart (docx, 75kb)
The Financial Management Group is responsible for providing advice on and management of the Territory’s whole of government budgeting and financial matters. There are a number of business units in the Group which all work closely together to develop, deliver and assess the Territory’s Budget and Fiscal Strategy.
The Budget Analysis and National Agreements business units provide analysis and advice to Government and agencies on strategic and policy issues that have financial implications, including the Territory's commitments under the Intergovernmental Agreement on Federal Financial Relations. The Group is actively involved in the development of major government projects and initiatives through participating in government working groups, providing officer level advice on policy and resource options and providing advice to Cabinet on agency proposals. Budget Analysis is also responsible for the development, coordination, analysis and monitoring of the Territory's Infrastructure Program.
The fiscal reporting and analysis area of the Group prepares and analyses both agency and whole of government financial statements to ensure the Territory’s external reporting requirements are met. It monitors agencies’ financial performance, assists agencies in the development of their budgets and is responsible for developing and maintaining the whole of government budgeting and reporting system. The area is also responsible for the Central Holding Authority, the Territory’s parent entity.
The policy area administers the Territory’s financial management framework and policies, including the Treasurer’s Directions, and monitors the Government’s commercial accountabilities and risks under the Financial Management Act.
The Economic Group advises the Treasurer and the Government on economic issues affecting the Territory. It comprises four business units: Economic Policy, Commercial, Economic Analysis and Intergovernmental Relations.
Economic Policy advises the Treasurer, Government Ministers and agencies on microeconomic issues including competition, economic regulation, government business divisions, insurance and economic development policy.
Commercial analyses and provides advice to the Treasurer, Government Ministers and agencies on commercial issues and major Government projects, specifically those which involve private sector operation or delivery, and on public private partnerships policy issues.
Economic Analysis monitors and reports regularly to the Treasurer on the performance of the Territory economy and undertakes analysis of associated key macroeconomic indicators. It also undertakes economic modelling and develops demographic projections.
Intergovernmental Relations has a primary focus on intergovernmental financial arrangements (mainly between the Commonwealth and the Territory). This includes representing the Territory’s interests in the Territory’s dealings with the Commonwealth Grants Commission, and in establishing specific funding agreements with the Commonwealth. It also coordinates measurement and reporting of Government service delivery outcomes against defined standards and analyses the causes and factors affecting performance, including Indigenous outcomes.
Territory Revenue Office
The Territory Revenue Office advises the Government on and manages collection of the Northern Territory’s taxes, mineral and petroleum royalties. It also administers home owner incentive schemes including the first home owner grant. It comprises four business units: Revenue Development, Revenue Collections, Revenue Information and Systems, and Royalty and Advisory Services.
Revenue Development is responsible for ensuring the Territory’s taxation, royalty and grants regimes are simple to administer and keep pace with changing commercial practices. It analyses other Australian tax systems; consults with industry and professional bodies; advises the Government on commercial and legislative issues that affect the Territory’s revenue regime; reviews objections to tax and royalty assessments and other decisions of the Commissioner of Territory Revenue; and jointly manages and prepares the Territory’s case in appeals to the Tribunal and Supreme Court.
Revenue Collections assesses and collects Territory taxes, and authorises and pays tax related grants and subsidies. It investigates the activities of businesses and individuals and assists them to comply with their Territory tax and grant obligations. It does so by providing advice on the operation of the relevant laws; monitoring and receipting payments, including authorising instalment arrangements; identifying tax avoidance schemes and changes in commercial business practice that impact on Territory taxation revenue; and initiating debt recovery actions. It also analyses and reviews property, business and commercial transactions; examining financial and other business data; liaises with equivalent interstate and Commonwealth revenue authorities; advises senior management on compliance matters; and initiates prosecution actions in severe cases of non-compliance.
Royalty and Advisory Services monitors and investigates the activities of mining companies to assist in compliance with the Government's mineral royalties legislative requirements and policies. It also provides technical advice on more complicated royalty and Territory taxation matters and assessments; develops and issues mineral royalty guidelines to support compliance and jointly manages and prepares the Territory’s case in appeals to the Tribunal and Supreme Court.
Revenue Information and Systems designs, implements, enhances and maintains the Territory Revenue Office’s information management technology systems. It manages and maintains the Territory Revenue Office data warehouse, develops economic and financial models to forecast the Territory’s own-source revenue and the revenue impact of legislative and policy proposals; provides risk profiling and intelligence gathering for compliance purposes; reports on inter-jurisdictional benchmarking and statistical analysis; and provides information and data as part of meeting the Territory’s reporting obligations.
The Superannuation Office (NTSO) is a business unit of the Department of Treasury and Finance (DTF). It administers six schemes: the Northern Territory Government and Public Authorities Superannuation Scheme (NTGPASS); the Northern Territory Supplementary Superannuation Scheme (NTSSS); the Legislative Assembly Members' Superannuation Scheme (LAMS); the Northern Territory Police Supplementary Benefit Scheme; the Northern Territory Administrators Pensions Scheme; and the Northern Territory Government Death and Invalidity Scheme (NTGDIS). NTSO provides services to members of the aforementioned schemes and support services to the Trustees and Boards of the various schemes and is responsible for superannuation policy and legislation that meets statutory requirements of Territory and national superannuation legislation.
Corporate Support Division
Corporate Support Division provides executive and corporate services to enable DTF to fulfil its role as the key central agency for the provision of fiscal, economic, regulatory and resource management advice.
Senior Executive – the Under Treasurer, Deputy and Assistant Under Treasurers have whole of agency responsibilities and accountabilities, providing strategic direction and leadership for DTF. They are also involved in high level whole of government projects and policy development.
Secretariat provides support services to the Under Treasurer, DTF senior executives and the Treasurer’s office. The area provides central coordination and liaison services for Treasury between the office of the Treasurer, other Ministers’ offices, the Cabinet office, Legislative Assembly and other Government agencies on issues relating to DTF responsibilities.
Corporate Support provides services to DTF business units to enable staff to concentrate on core business in their functional area. Services include Human Resources; Information Technology; Information and Records Management; Finance; Communications and the management of career development programs such as the Finance Officer In Training graduate program.
Related Statutory Authorities and Associated Entities
The following statutory authorities also fall within the administrative responsibility of DTF, which provides resources for these entities to conduct their business operations.
Treasury Corporation is the Territory government’s central financing authority and borrows, lends and invests on behalf of the Territory. The Corporation provides loans to government, its agencies, government owned corporations and, in certain circumstances, local governing authorities. It manages an average of $1 billion in investments including investing the surplus cash balances in Government accounts and the conditions of service reserve, and operates as a government business division.
The Utilities Commission is the independent economic regulator established to oversee the electricity and water supply and sewerage services industries. The Commission is established as a separate administrative unit within Treasury, has specific statutory powers and undertakes its considerations independently from DTF. The Commission is responsible for promoting and safeguarding competition and fair and efficient market conduct or, in the absence of a competitive market, simulating competitive market conduct and preventing the misuse of monopoly power.