In short
Treasury promotes Australia’s interests in global financial institutions and multilateral and bilateral economic forums.
We strengthen ties with key economic partners and provide forecasts on global economic and trade conditions.
Our international economic role includes:
- providing strategic advice on geoeconomic developments and international economic and trade policy issues
- providing advice on national security and economic security issues and policies
- advancing Australia’s interests through bilateral economic relationships and international financial institutions and forums such as the Group of 20 (G20)
- working with our international partners to address shared economic challenges
- building strong links with key economic and international partners
- using Treasury’s development assistance tools to support regional partners.
Promoting Australia’s regional economic interests
We advise the Treasurer on the economies in the Indo‑Pacific region, Australia’s bilateral economic partners, and regional economic forums such as Asia‑Pacific Economic Cooperation (APEC).
The Treasurer plays a key role in promoting global and regional economic cooperation.
We support Australia’s national interests and build the economic resilience and prosperity of our regional partners. This includes supporting their economic reform and crisis response efforts.
Working with the international community
We work closely with our bilateral economic partners and with multilateral development banks and international financial institutions.
We provide advice and support to Australia’s constituency offices at the:
- International Monetary Fund
- World Bank Group
- Asian Development Bank
- Asian Infrastructure Investment Bank
- European Bank for Reconstruction and Development
We also support the Treasurer in his role as Governor at these institutions.