Investment and Economics Division

The Division is responsible for the Government's financial assets and liabilities, including superannuation liabilities and investments, economic policy and advice, insurance policy, the ACT Insurance Authority and federal financial relations.

Economics Branch prepares economic forecasts and monitors economic activity, and provides advice on major projects and policies, and manages microeconomic reform, regulation policy and gaming and racing policy.

The Investment Branch is primarily responsible for the management of the Territory's financial assets and liabilities including borrowings and investments of the Territory Banking Account, the unfunded employer superannuation liabilities and investments of the Superannuation Provision Account. 

The Federal Financial Relations Unit is responsible for all aspects of financial relations with the Commonwealth and State and Territories.  This includes, GST revenues, Commonwealth Grants Commission deliberations, COAG financial framework principles and relevant ministerial Councils.

The Legal and Insurance Policy Branch provides internal legal advice and advice to Government on insurance matters affecting the broader communities.  The branch provides general insurance and Risk Management advice to the ACT Community as well as administering the ACT Compulsory Third Party Insurance Scheme.

The ACT Insurance Authority is responsible for the management of the Territory's insurable risks as well as the promotion of risk management across Agencies.

Executive Director: Roger Broughton
Phone: +61 2 6207 6082
Email: roger.broughton@act.gov.au

SUBUNITS

• Investment Branch

• Federal Financial Relations Unit

• Legal and Insurance Policy

• ACT Insurance Authority

• Economics Branch
  - Macroeconomics Analysis Unit
  - Economic Analysis Unit
  - Regulation Policy Unit
  - Competition Policy Unit

Investment Branch

The Investment Branch is primarily responsible for the management of the Territory's financial assets and liabilities including borrowings and investments of the Territory Banking Account, the unfunded employer superannuation liabilities and investments of the Superannuation Provision Account. 

Director: Patrick McAuliffe
Phone: +61 2 6207 0187
Email: patrick.mcauliffe@act.gov.au

Federal Financial Relations Unit

Manage Federal financial relations associated with the financing of the ACT including:

• Administrative and policy issues underpinning the:

-     ACT Government dealings with GST,
-     the Commonwealth Grants Commission and
-     Federal grant funding to the ACT within the new Federal Financial Relations Framework.

Senior Manager: John Purcell
Phone: +61 2 6207 0269
E-mail: john.purcell@act.gov.au

Legal and Insurance Policy

• Oversights the ACT Insurance Authority;
• Provides insurance and related legal policy advice (including advice on medical and professional indemnity, public liability and compulsory third party (CTP);
• Manages the Government's insurance arrangements;
• Manages residual issues arising out of the liquidation of Totalcare;
• Administers the ACT compulsory third party insurance scheme; 
• Oversights risk management policy; and 
• Manages the ACT Government Employee Superannuation claim liabilities.

Director: Tom McDonald
Phone: +61 2 6207 0284
E-mail: tom.mcdonald@act.gov.au

Web Site: Insurance Risk Advice 

ACT Insurance Authority

• Manages the insurance of Territory Risk; and

• Manages the promotion of good risk management practices.

General Manager: John Fletcher
Phone: +61 2 6207 0268
E-mail: john.fletcher@act.gov.au

Web Site: ACT Insurance Authority

Economics Branch

The Branch is comprised of four units that provide economic analysis and advice. Staff work closely with agencies and other areas of Treasury.  

Director: Kim Salisbury
Phone: +61 2 6207 0337
E-mail: kim.salisbury@act.gov.au

Macroeconomic Analysis Unit

Role includes:

• preparing economic and revenue forecasts;
• monitoring and reporting on the state of the ACT economy;
• making submissions to credit rating agencies;
• modelling the ACT and regional economies;
• analysing the economic and budgetary effects of longer term demographic changes; and
• providing advice to agencies and other areas of Treasury on the availability and use of official and privately produced statistical information.

Manager: Abrie Swanepoel
Phone: +61 2 6207 8953
E-mail: abrie.swanepoel@act.gov.au

Economic Analysis Unit

Role includes:

• providing financial and economic analysis of policy proposals and briefing senior officers and Ministers accordingly;
• providing financial and economic analysis of policy proposals
• undertaking research on major areas of economic policy such as major land and planning issues;
• assisting agencies to improve the quality of financial and economic analysis in reports, submissions and other documents;
• providing guidance on cost-benefit analysis;
• undertaking research on major areas of economic policy such as economic development, price determinations for regulated services, water and water infrastructure, and major land and planning issues;
• assisting agencies to improve the quality of financial and economic analysis in reports, submissions and other documents;
• providing guidance on the private provision of public infrastructure;
• assisting agencies in the selection and management of economic/financial consultants; and
• assisting agencies in the implementation of government projects and policies by providing advice and serving on steering committees.

Senior Manager: Rob Reilly
Phone: +61 2 6205 0772
E-mail: rob.reilly@act.gov.au

Regulation Policy Unit

Role includes:

• implementing commitments under the Council of Australian Governments regulatory reform agenda;
• reviewing policy proposals for regulatory impacts and restrictions on competition;
• providing training and guidance on the preparation of Regulatory Impact Statements (RISs), and assessing RISs prepared by agencies;
• advising on competitive neutrality policy, including the application of the National Taxation Equivalent Regime in the ACT; and
• advising on competition issues under the Trade Practices Act 1974.

Acting Manager: Kim Salisbury
Phone: +61 2 6207 0337
Email: kim.salisbury@act.gov.au

Competition Policy Unit

Role includes:

• advising on economic issues relating to climate change;
• providing advice on gambling and racing policy in the ACT; and
• administering the Racing Development Fund, the major funding source for the ACT's thoroughbred, harness and greyhound racing industries.

Acting Senior Manager: Kathy Goth
Phone: +61 2 6207 3949
Email: kathy.goth@act.gov.au

Websites:
Economic Indicators for the ACT
Best Practice Guide For Preparing Regulatory Impact Statements  (December 2003) [146 kb]