Vision and Purpose
Acknowledged for excellence in sovereign financial management.
To ensure the Government’s debt financing needs are fully met each year while managing the cash, debt and other portfolios over the medium-long term at low cost subject to acceptable risk. The AOFM will take into account the potential for its operations to impact domestic financial markets.
Guiding Principles (AOFM Values):
The AOFM, as the interface between Government and financial markets, makes decisions and interacts in a way that requires considerable judgement. It is necessary to balance the pursuit of government objectives and community outcomes with an understanding of the incentives that drive financial market participants. In this regard, it is important that the AOFM is seen in its day-to-day dealings to be:
- of the highest integrity – we consistently act in a professional, respectful, transparent and impartial manner that will withstand scrutiny;
- results focussed – we demonstrate a thorough understanding of our responsibilities and take pride in our work, owning decisions that we make;
- responsive – we consult carefully and demonstrate initiative and the ability to adapt to changing circumstances; and
- clear – we communicate in a straightforward and timely manner.
Last updated: 19 February 2019