DEPARTMENT OF TREASURY — REFORM & MODERNISATION
Australians United Reform & Modernisation Framework
1. PORTFOLIO OVERVIEW
Treasury is responsible for Australia’s economic direction, national wealth, taxation, investment settings, and longâterm prosperity. The reform program focuses on:
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Restoring economic sovereignty
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Rebuilding manufacturing and industry
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Reducing reliance on foreign capital
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Strengthening national capability
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Lowering structural costs for households and business
(Aligned with One Nation & People’s First economic principles.)
2. WHY TREASURY REFORM IS NEEDED
Australia’s economic foundations have been weakened by:
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Decades of privatisation and asset sellâoffs
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Heavy reliance on foreign borrowing
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Collapse of domestic manufacturing (30% → ~6% GDP)
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Rising costâofâliving pressures
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Underperforming returns from government financial asset borrowing
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Outsourcing and offshoring of critical industries
Reform is essential to rebuild national wealth, capability, and resilience.
3. REFORM PRIORITIES
A. Balanced Budget Framework
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Fund government operations through taxation + investment returns
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Borrow only against unencumbered government assets
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Maintain net worth at zero using international accounting standards
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Stop market distortions caused by excessive government borrowing
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End reliance on foreign debt that weakens national sovereignty
- Treasury Reform costâvsâbenefit It shows a total 10âyear investment of $75B delivering $110B in economic benefit, with a net gain of $35B across five reform pillars.
National Investment Strategy
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Prioritise domestic infrastructure over foreign borrowing
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Support renewables, clean manufacturing, and primary resources
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Build sovereign capability in critical minerals, energy, defence, and transport
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Reduce exposure to volatile global markets
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Encourage Australianâowned industry growth
Trade & Export Modernisation
(Aligned with Treasury’s international trade section)
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Pivot to valueâadded exports (batteries, hydrogen, clean metals)
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Expand green hydrogen, ammonia, methanol export capacity
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Diversify markets across SE Asia, India, Europe, Middle East
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Upgrade ports, freight rail, and logistics corridors
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Digitized trade systems
Manufacturing Revival
(Strong alignment with One Nation & People’s First manufacturing policy)
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Reshore critical supply chains
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Build green robotic factories powered by renewables
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Develop advanced processing for critical minerals
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Encourage local + international manufacturing investment
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Strengthen SME capability and workforce development
GOVERNMENT BANK & INSURANCE MODEL
(Strong alignment with One Nation & People’s First antiâprivatisation stance)
A new Infrastructure Bank would:
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Be fully governmentâowned
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Fund sovereign infrastructure (dams, ports, baseload power, roads)
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Use equity + projectâtied bonds
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Retain asset ownership within Australia
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Leverage ADF engineering/logistics for delivery
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Reduce reliance on PPPs and foreign capital
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Lower structural costs (energy, water, transport)
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Provide veteran transition pathways
ECONOMIC OUTCOMES FOR AUSTRALIANS
Reforming Treasury delivers:
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Lower cost of living
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Stronger domestic industries
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More resilient supply chains
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Higherâvalue exports
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Better regional development
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Longâterm national wealth creation
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Reduced dependence on foreign capital
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A unified, sovereign economic strategy
INFRASTRUCTURE & ECONOMIC MODERNISATION
Treasury reforms integrate with national infrastructure priorities:
Transport
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Upgrade highways, rail, ports, airports
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Improve freight efficiency
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Reduce logistics costs
Energy
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Expand renewable generation
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Strengthen transmission networks
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Invest in storage (batteries, pumped hydro)
Water & Sanitation
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Build dams, pipelines, desalination
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Expand wastewater recycling
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Improve climate resilience
Digital & Smart Systems
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National digital backbone
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Realâtime monitoring
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AIâenabled infrastructure management

đ TREASURY — ECONOMIC SOVEREIGNTY & MODERNISATION MAP
Building a secure, sovereign and prosperous Australian economy
Below is the written overview that pairs with your visual map.
TREASURY — WRITTEN OVERVIEW (WebadorâReady)
1. Purpose of Treasury Reform
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Restore Australia’s economic sovereignty
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Reduce reliance on foreign borrowing
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Strengthen domestic industry and manufacturing
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Build longâterm national wealth
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Lower structural costs for households and business
2. What Treasury Reform Includes
Balanced Budget & Fiscal Discipline
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Fund government operations through taxation + investment returns
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Borrow only against unencumbered government assets
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Maintain net worth at zero using international accounting standards
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End excessive government borrowing that distorts markets
National Investment Strategy
-
Prioritise domestic infrastructure over foreign capital
-
Support renewables, clean manufacturing, and primary resources
-
Build sovereign capability in critical industries
-
Reduce exposure to volatile global markets
Trade & Export Modernisation
-
Shift to valueâadded exports (batteries, hydrogen, clean metals)
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Expand hydrogen, ammonia, methanol export capacity
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Diversify markets across SE Asia, India, Europe, Middle East
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Digitise trade systems (eâdocumentation, customs preâclearance)
Manufacturing Revival
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Reshore critical supply chains
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Build green robotic factories
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Develop advanced processing for critical minerals
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Strengthen SME capability and workforce development
3. PeopleâFirst Outcomes
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Lower cost of living
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Stronger domestic industries
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More resilient supply chains
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Higherâvalue exports
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Better regional development
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Longâterm national wealth creation
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Reduced dependence on foreign capital
4. Treasury’s Role in National Infrastructure
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Transport: highways, rail, ports, airports
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Energy: renewables, transmission, storage
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Water: dams, pipelines, desalination, recycling
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Digital: national backbone, sensors, AI systems
5. Government Bank & Insurance Model
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Fully governmentâowned
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Funds sovereign infrastructure
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Uses equity + projectâtied bonds
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Retains asset ownership in Australia
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Reduces reliance on PPPs and foreign capital
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Lowers structural costs (energy, water, transport)
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Supports ADF engineering & veteran transition pathways
6. Treasury’s National Impact
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A stronger, more selfâreliant economy
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A sovereign industrial base
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A unified national investment strategy
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A future built on Australian capability, not foreign debt

Australian Business Development
Key Insights
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Infrastructure Bank Model delivers the highest net gain ($10B), driven by sovereign asset ownership and reduced reliance on PPPs.
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Trade & Export Modernisation offers strong returns by shifting to valueâadded exports and IndoâPacific market expansion.
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Manufacturing Revival supports reshoring, clean industry, and skilled job creation — with $7B in net gain.
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Balanced Budget Framework ensures fiscal discipline and sovereign asset management, with modest but essential returns.

đď¸ Australian Taxation Office Reform
Protecting national revenue. Simplifying compliance. Strengthening sovereignty.
Australia’s tax system must serve its people — not foreign interests, loopholes, or legacy inefficiencies. This reform modernises the ATO to deliver real-time enforcement, multinational accountability, and automated taxpayer support, while returning billions in lost revenue to Australians.
đš Powered by:
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Treasury portfolio uplift
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Australians Unified reform logic
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One Nation & People First tax integrity policies
đš Delivers:
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$10.41B net benefit over 10 years
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Break-even by Year 3
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Stronger compliance, faster service, fairer outcomes
Taxation Reform