Treasury: Portfolio Entities

Mr Fletcher asked the Treasurer, in writing, on 7 February 2012:

How many departments, agencies, commissions, Government owned corporations or other such bodies have been created within the Minister’s portfolio since 24 November 2007 (excluding existing departments that have been re-named or merged into a larger entity), what is the name of each such entity, and how many fulltime equivalent employees did each such entity have at the end of 2011.

Mr Swan: The answer to the honourable member's question is as follows:

Treasury - Nil

Productivity Commission - Nil

Australian Office of Financial Management - Nil

National Competition Council - Nil

Inspector-General of Taxation - Nil

Australian Competition and Consumer Commission - Nil

Australian Bureau of Statistics - Nil

Royal Australian Mint - Nil

Corporations and Markets Advisory Committee - Nil

Australian Securities and Investment Commission - Nil

Australian Taxation Office -

The Tax Practitioners Board was established under the Tax Agent Services Act 2009. On 1 March 2010, this Board replaced six State Tax Agents’ Boards. The Tax Practitioners Board was launched by the Assistant Treasurer on 23 October 2009 and it came into operation on 1 March 2010. As at 31 December 2011, the Board had 127.36 fulltime equivalent employees. The Board's founding workforce has been based largely on the resources allocated by the ATO to the regulation of tax practitioners, particularly its support to the state Tax Agents' Boards.