What does Department of Finance do for the Australian Government?
Department of Finance is an Australian Government contractor with 2,140 contracts worth $1.43B since 2009. Their largest government client is Department of Defence, and their average contract value is $670K. Recent government contracting activity has declined.
Key Metrics
How much does Department of Finance win in government contracts each year?
View data table
| Year | Contracts | Value |
|---|---|---|
| 2009 | 3 | $67.3M |
| 2010 | 2 | $35.2M |
| 2011 | 3 | $509K |
| 2012 | 16 | $8.3M |
| 2013 | 336 | $244.1M |
| 2014 | 229 | $94.4M |
| 2015 | 231 | $88.8M |
| 2016 | 233 | $178.8M |
| 2017 | 233 | $170.9M |
| 2018 | 189 | $133.1M |
| 2019 | 175 | $83.3M |
| 2020 | 137 | $107.9M |
| 2021 | 101 | $72.5M |
| 2022 | 72 | $17.5M |
| 2023 | 79 | $26.0M |
| 2024 | 57 | $82.0M |
| 2025 | 42 | $21.7M |
| 2026 | 6 | $2.0M |
Who are Department of Finance's biggest government clients?
| Agency | Contracts | Value | Share |
|---|---|---|---|
| Department of Defence | 136 | $626.8M | 48.7% |
| Services Australia | 78 | $135.4M | 10.5% |
| Department of Education | 58 | $127.0M | 9.9% |
| Department of Industry, Science and Resources | 46 | $67.6M | 5.3% |
| Department of Foreign Affairs and Trade | 45 | $49.8M | 3.9% |
| Department of Home Affairs | 54 | $40.0M | 3.1% |
| Department of Health and Aged Care | 41 | $32.7M | 2.5% |
| Department of Agriculture, Fisheries and Forestry | 52 | $25.1M | 2.0% |
| CSIRO | 4 | $23.5M | 1.8% |
| Department of the Prime Minister and Cabinet | 127 | $19.5M | 1.5% |
What categories does Department of Finance supply to government?
| Category | Contracts | Value | Share |
|---|---|---|---|
| 8413-financial-and-insurance-code-8413 | 421 | $412.7M | 29.2% |
| 4323-software | 146 | $160.8M | 11.4% |
| 8111-computer-programming-and-it-services | 500 | $142.3M | 10.1% |
| 8016-management-support-services | 72 | $140.8M | 10.0% |
| 8010-management-advisory-services | 59 | $134.6M | 9.5% |
| 8013-legal-services | 10 | $98.3M | 7.0% |
| 9315-public-administration-services | 83 | $82.0M | 5.8% |
| 4321-computer-hardware-and-accessories | 47 | $68.7M | 4.9% |
| 8012-administration-and-business-support | 5 | $39.8M | 2.8% |
| 8311-telecommunications-services | 62 | $34.9M | 2.5% |
How does Department of Finance win government contracts?
| Method | Contracts | Value | Share |
|---|---|---|---|
| limited | 1,891 | $1.24B | 88.2% |
| open | 160 | $163.0M | 7.5% |
| selective | 93 | $26.6M | 4.3% |
Which Department of Finance government contracts are expiring soon?
Department of Finance has 41 contracts worth $40.5M expiring in the next 12 months. These represent potential recompete opportunities for competing suppliers.
| Contract | Agency | Value | Expires |
|---|---|---|---|
| Accommodation lease, Canberra * Estimated rental payments* | Australian Public Service Commission | $12.4M | |
| 2025/26 Comcover Insurance Premium | CSIRO | $6.3M | |
| Insurance Premium | Department of Foreign Affairs and Trade | $5.3M | |
| Insurance Premiums | Department of Health, Disability and Ageing | $3.5M | |
| Comcover Insurance Premium 2025-26 | Director of National Parks | $1.8M | |
| Comcover Insurance Premium 2025-26 | Director of National Parks | $1.7M | |
| Provision of software services - GovTeams subscriptions billing | Australian Taxation Office | $1.3M | |
| Provision of Software maintenance & support | Australian Taxation Office | $1.0M | |
| Provision of software licences and support services | Australian Taxation Office | $953K | |
| Comcover Premiums | Australian Communications and Media Authority | $900K | |
| Software Services | Australian Digital Health Agency | $733K | |
| Insurance | Australian Criminal Intelligence Commission | $607K | |
| Comcover insurance Premium 2025-26. | Department of Education | $559K | |
| Annual Insurance Premium 25/26 | Old Parliament House | $537K | |
| Insurance and retirement services | Australian Prudential Regulation Authority | $457K |
What are Department of Finance's largest government contracts?
| Contract | Agency | Value | Awarded |
|---|---|---|---|
| Core Desktop Licences | Department of Defence | $64.5M | |
| Microsoft VSA II CDL | Department of Defence | $59.7M | |
| Insurance Services | Department of Defence | $55.9M | |
| MOU - Questacon Deakin QTLC Lease 30 Nov 2011 to 2031 | Department of Industry, Science and Resources | $54.9M | |
| Insurance Services | Department of Defence | $47.8M |
What are Department of Finance's most recent government contracts?
| Contract | Agency | Value | Date |
|---|---|---|---|
| Personnel Recruitment | Department of Foreign Affairs and Trade | $25K | |
| ICON Membership 2026/27 | Australian Competition and Consumer Commission | $34K | |
| People Panel Fee | Fair Work Commission | $20K | |
| Maintenance and support | Fair Work Commission | $22K | |
| Comcover Insurance Premium 2025-26 | Director of National Parks | $1.8M | |
| GovCMS subscription 2026 | Tertiary Education Quality and Standards Agency | $54K | |
| Comcare Annual Membership Premium 2025/26 | Productivity Commission | $69K | |
| Comcare Annual Membership Premium 2024/25 | Productivity Commission | $57K | |
| Car Services | Department of Foreign Affairs and Trade | $51K | |
| Coordinated Procurement Fees | Australian Digital Health Agency | $150K |
Is Department of Finance's government business growing or declining?
Significant decline — contract value dropped 72% year-over-year.
Based on comparison of last 12 months vs prior 12 months of awarded contract value.
Who competes with Department of Finance for government contracts?
Other suppliers winning contracts from the same agencies in similar categories.
| Supplier | Contracts | Value |
|---|---|---|
| IBM AUSTRALIA LTD | 331 | $3.08B |
| LEIDOS AUSTRALIA PTY LIMITED | 557 | $2.65B |
| TELSTRA SECURE BILLING | 767 | $1.61B |
| COBS TELSTRA | 965 | $1.61B |
| THALES AUSTRALIA LIMITED | 384 | $1.36B |
| FUJITSU AUSTRALIA LIMITED | 899 | $1.28B |
| SAP AUSTRALIA PTY LTD | 315 | $949.7M |
| BOEING DEFENCE AUSTRALIA LTD | 147 | $946.1M |
| ORACLE CORPORATION AUSTRALIA PTY LTD | 361 | $744.3M |
| DXC TECHNOLOGY AUSTRALIA PTY LIMITED | 156 | $544.8M |
What size contracts does Department of Finance typically win?
| Size Range | Contracts | Total Value |
|---|---|---|
| $10K-$50K | 979 | $23.1M |
| $50K-$100K | 370 | $26.0M |
| $100K-$500K | 512 | $119.2M |
| $500K-$1M | 138 | $97.2M |
| $1M-$5M | 103 | $203.8M |
| $5M-$20M | 21 | $173.8M |
| $20M+ | 21 | $791.0M |
What is Department of Finance's registered business information?
- Australian Business Number (ABN)
- 61970632495
- Registered Name
- Department of Finance
- Government Contracting Period
- 2009 – 2026
Verify entity details on the Australian Business Register.
Registered Business Details
- Entity Type
- Commonwealth Government Entity
- ABN Status
- Active
- GST
- Registered
- ABN
- 61970632495 verify ↗
- State
- ACT
- Postcode
- 2603
Source: Australian Business Register (ABR) + ASIC Companies Register. View on ABN Lookup ↗
Procurement Categories
UNSPSC categories where Department of Finance is active.
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