In short
- Considered how Treasury could continue to deliver on its mission over the short- to medium-term
- Assessed Treasury’s strategic capability in 2 ways: by scanning the external environment it is likely to face, and by evaluating its current performance.
- Feedback was received from staff, ministers and their offices, and public, private and community sector stakeholders.
Treasury is engaged in providing advice in an increasingly complex policy environment.
In particular, the re-emergence of Asia involves profound economic, trade and broader geopolitical challenges for Australia, while the domestic policy agenda encompasses a range of pressing economic, social and environmental issues.
The purpose of the strategic review is to consider, given the changing operating environment, how Treasury can continue to deliver on its mission over the short to medium term.