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AFFILIATIONS

RPG-D

[Australia]: Department of Finance

Owen

Commonwealth of Australia
GA Member
Jul 2, 2018
2,797

Overview
The Future Fund is an independently managed sovereign wealth fund for Australia. The legislation establishing the Future Fund describes its main object as being 'to strengthen the Commonwealth's long-term financial position'. The Investment Mandate for the Future Fund is to target a benchmark return of at least the Consumer Price Index + 4 to 5 per cent per annum over the long term, while taking an acceptable but not excessive level of risk. The Future Fund Board is currently also responsible for six other Australian sovereign wealth funds:
  • DisabilityCare Australia Fund - A fund to contribute to the cost of the National Disability Insurance Scheme.
  • Medical Research Future Fund - A fund to disperse interest generated to medical research.
  • Future Drought Fund - A fund to provide secure, continuous funding for drought resilience initiatives.
  • Aboriginal and Torres Strait Islander Land and Sea Future Fund (ATSILS Fund) - A fund to enhance the Commonwealth's ability to make payments to the Indigenous Land Corporation.
  • Disaster Ready Fund - A fund to provide natural disaster resilience and risk reduction across Australia.
  • Housing Australia Future Fund - A fund to create a secure, ongoing pipeline of funding for social and affordable rental housing.
  • Education Investment Fund - A fund to provide capital investment in higher education and vocational education and training
Investment of the Future Fund is the responsibility of the Future Fund Board of Guardians with the support of the Future Fund Management Agency. The Future Fund is overseen by an independent Board of Guardians selected on the basis of their expertise in investment management and corporate governance.

Overview
COMCAR provides car-with-driver transport services for parliamentarians, the Governor-General, the federal judiciary and international guests of government. COMCAR services are:
  • safe and secure
  • efficient
  • professional and reliable
  • client focused.
COMCAR maintains a fleet of cars in all capital cities which is supplemented with hire cars and taxis during peak times and in regional and country areas. COMCAR operates 24 hours, 7 days a week. Closed on Christmas Day, Boxing Day and Good Friday.
Type:Amount:Image:
Holden Caprice (WM)142
BMW 7 Series (F01) (Prime Ministerial Limousine variant)8
BMW 7 Series (F01) (Governor-General Limousine variant)3
Rolls-Royce Phantom VI2
Depots
Depot:Size:Location:
Australian Capital Territory Depot30x Holden Caprice WMs, 2x BMW 7 Series (Prime Ministerial Limousine), 2x BMW 7 Series (Governor-General Limousine), 2x Rolls-Royce Phantom VIsFyshwick
New South Wales Depot30x Holden Caprice WMs, 2x BMW 7 Series (Prime Ministerial Limousine), 1x BMW 7 Series (Governor-General Limousine)Alexandria
Victoria Depot25x Holden Caprice WMs, 1x BMW 7 Series (Prime Ministerial Limousine)Tullamarine
Queensland Depot20x Holden Caprice WMs, 1x BMW 7 Series (Prime Ministerial Limousine)Eagle Farm
Western Australia Depot15x Holden Caprice WMs, 1x BMW 7 Series (Prime Ministerial Limousine)Ascot
South Australia Depot10x Holden Caprice WMs, 1x BMW 7 Series (Prime Ministerial Limousine)Keswick
Tasmania Depot6x Holden Caprice WMsCambridge
Northern Territory Depot6x Holden Caprice WMsDarwin City

Overview
The Australian Electoral Commission (AEC) is the independent statutory authority and agency of the Australian Government responsible for the management of federal Australian elections, by-elections and referendums. The AEC's main role is to conduct federal elections, by-elections and referendums, maintain up-to-date electoral rolls, and determine electorate boundaries, apportionments and redistributions. Under a Joint Roll Arrangement with the states and territories, the AEC maintains enrolment for the whole of Australia, for rolls used in state and local government elections. The AEC is answerable to the Joint Standing Committee on Electoral Matters of the Parliament of Australia, and must report on how elections were carried out and the success of elections in general.

As specified under the Commonwealth Electoral Act 1918, the AEC consists of a chairperson (a judge or a retired judge of the Federal Court of Australia), the Electoral Commissioner, and a non-judicial member (usually the Australian Statistician). The Electoral Commissioner has the powers of a secretary of a department under the Public Service Act 1999 and Financial Management and Accountability Act 1998. The chairperson and the third, non-judicial member both hold their offices on a part-time basis.

Each House of Representatives electorate has a Divisional Returning Officer responsible for administration of elections within the division. Each state also has an Australian Electoral Officer responsible for administration of Senate elections. The AEC has a National Office in Canberra and an office in each state and territory: Adelaide, Brisbane, Darwin, Hobart, Melbourne, Perth, and Sydney.
Federal Election Timetable
Election:Earliest Date:Determination:Latest Date:Determination:
House of Representatives ElectionNo LimitNo Constitutional Limit17 April 20053 years after the opening of Parliament + 10 days + 10-27 days + 23-31 days + latest Saturday
Half-Senate Election7 August 2004Within 12 months of the expiration of the Senate + 33 days + latest Saturday28 May 2005Before the expiration of the Senate - 34 days + latest Saturday
Combined House of Representatives and Half-Senate Election7 August 2004Combination of the above two17 April 2005Combination of the above two
Double Dissolution (House of Representatives and Full Senate Election)No LimitNo Constitutional Limit12 August 2004No later than 6 months before the expiration of the House of Representatives
State and Territory Election Timetable
Logo:Election:Date:Determination:
New South Wales state election24 March 2007Every 4 years, fourth Saturday in March
Victorian state election25 November 2006Every 4 years, last Saturday in November
Queensland state election30 October 2004Every 4 years, last Saturday in October
Western Australian state election12 March 2005Every 4 years, second Saturday in March
South Australian state election18 March 2006Every 4 years, third Saturday in March
Tasmanian state election18 March 2006Every 4 years, third Saturday in March
Australian Capital Territory general election16 October 2004Every 4 years, third Saturday in October
Northern Territory general election28 August 2004Every 4 years, fourth Saturday in August
Norfolk Island general election14 March 2007Every 3 years, second Wednesday in March
 
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