FOCUp

Follow the Money · Australia

Australian Office of Financial Management

Treasury portfolio

$31.9B

$31,905,673,000 across 1 programs, 2026-27

Source: Portfolio Budget Statements 2026-27, 2026-27 PBS Program Expenses Line Items - Updated 2026-06-18 (w. Corrigenda). Retrieved 25 September 2026.

Administered

$31.9B

Money it hands out on the government's behalf — grants, benefits, subsidies.

Departmental

$17.1M

What it costs to run: staff, property, suppliers.

Contracts published

36

$46.8M in total

Programs

Each line is a program in the budget papers, with what it is given. The category is FOCUp's, mapped from the published program name; a blank means no rule matched it plainly, which is recorded rather than guessed.

ProgramCategoryAdministeredDepartmentalTotal

Program 1.1: Commonwealth Debt Management

Outcome 1: The advancement of macroeconomic growth and stability, and the effective operation of financial markets, through issuing debt, investing in financial assets and managing debt, investments and cash for the Australian Government

2026-27 PBS AOFM · retrieved 25 September 2026

Interest Payments$31.9B$17.1M$31.9B100.0%

Largest contracts

The 25 largest of 36. A contract notice is the value of an agreement over its whole term, not money spent in a year, so these are never added to the budget figures.

SupplierForTermValue

Commonwealth Bank of Australia

Syndication panel fee on issuance of 21 October 2036 Treasury BondCN417379217 July 2025 to 29 July 2025$3.5M

Deutsche Bank AG, Sydney Branch

Syndication Panel fee on issuance of 21 October 2036 Treasury BondCN417379517 July 2025 to 29 July 2025$3.5M

J.P. Morgan Securities Australia Limited

Syndication panel fee on issuance of 21 October 2036 Treasury BondCN417379717 July 2025 to 29 July 2025$3.5M

Westpac Banking Corporation

Syndication panel fee on issuance of 21 October 2036 Treasury BondCN417379917 July 2025 to 29 July 2025$3.5M

Westpac Banking Corporation

Syndicaton panel for the issue of a new Australian Government Security Treasury Bond 21 October 2037CN421586815 January 2026 to 29 January 2026$3.3M

UBS AG, Australia Branch

Syndicaton panel for the issue of a new Australian Government Security Treasury Bond 21 October 2037CN421586715 January 2026 to 29 January 2026$3.3M

National Australia Bank

Syndicaton panel for the issue of a new Australian Government Security Treasury Bond 21 October 2037CN421586115 January 2026 to 29 January 2026$3.3M

Barrenjoey Markets Pty Limited

Syndicaton panel for the issue of a new Australian Government Security Treasury Bond 21 October 2037CN421585615 January 2026 to 29 January 2026$3.3M

UBS AG Australia Branch

Syndication panel fee of JLM services on issuance of Treasury Bond 21 May 2038CN427104013 August 2026 to 27 August 2026$2.9M

J.P. Morgan Securities Australia Limited

Syndication panel fee of JLM services on issuance of Treasury Bond 21 May 2038CN427103913 August 2026 to 27 August 2026$2.9M

Commonwealth Bank of Australia

Syndication panel fee of JLM services on issuance of Treasury Bond 21 May 2038CN427103813 August 2026 to 27 August 2026$2.9M

Barrenjoey Markets Pty Limited

Syndication panel fee of JLM services on issuance of Treasury Bond 21 May 2038CN427103713 August 2026 to 27 August 2026$2.9M

UBS AG Australia Branch

Syndicaton panel fee for the issuance of a new Australian Government Security Green Treasury Bond 21 June 2036CN424117914 May 2026 to 28 May 2026$1.6M

National Australia Bank Limited

Syndicaton panel fee for the issuance of a new Australian Government Security Green Treasury Bond 21 June 2036CN424117514 May 2026 to 28 May 2026$1.6M

Westpac Banking Corporation

Syndication panel fee for the issuance of a new Australian Government Security Green Treasury Bond 21 June 2036CN424118014 May 2026 to 28 May 2026$1.6M

Commonwealth Bank of Australia

Syndicaton panel fee for the issuance of a new Australian Government Security Green Treasury Bond 21 June 2036CN424117314 May 2026 to 28 May 2026$1.6M

Cobalt Consulting Services PTY Ltd

Provision of internal audit servicesCN425242617 June 2026 to 30 August 2029$577.3K

Palace Hotel Tokyo

Venue hire and catering for the Australian Government Fixed Income ForumCN42502758 June 2026 to 5 September 2027$88.0K

Elm Communications Canberra Pty Ltd

Provision of specialist communication advice and supportCN427786620 September 2026 to 20 September 2028$75.0K

Capital Recruitment Pty Ltd

Provision of temporary executive assistant supportCN426827617 August 2026 to 16 February 2027$65.0K

Mallesons

Provide legal advice and review the legal structure of the securitisation warehouse trust and associated documentation.CN42373804 May 2026 to 30 July 2026$65.0K

Australia Government Solicitors

Provision of legal advice and services on employment and industrial relations matters.CN422885129 March 2026 to 29 March 2027$60.0K

Clayton Utz

Provision of legal services for drafting and reviewing securitisation transaction documentation.CN423428121 December 2025 to 29 April 2026$58.3K

Derwent Search

Specialised Recruitment ServicesCN426346626 July 2026 to 26 January 2027$58.2K

Derwent Search

Engagement of specialist recruitment services for Investor Relations RoleCN42390663 May 2026 to 3 September 2026$58.2K
The whole register