A Department of the Seven

Economy

Treasury & Finance. Revenue, fiscal policy and economic management — the flat tax, GST reform, the federal budget, procurement, superannuation and foreign-investment oversight, with the ATO reformed beneath it.

Treasurer

What Economy covers

Economy merges Treasury and Finance into one department that runs the nation's money — how it's raised, how it's spent, and how the tax system is rebuilt to be simpler and fairer.

Treasury & FinanceRevenue, fiscal policy, the federal budget and procurement reform.
TaxA flat tax and GST reform.
Resource Extraction LevyAdministration of the levy on commodity exports.
SuperannuationSuperannuation policy.
Foreign investmentOversight of foreign investment.
The ATOA statutory agency beneath, with a major reform mandate.

Economy on the People’s Portal

The DAA is the digital layer across all seven departments — not an eighth department. Prices tracked daily, the budget live, every contract and every dollar of revenue — Economy’s numbers and records are published through the Portal.

Data & Metrics →Documents & Registers →The DAA →

Economy policies

Resource Extraction Levy

One levy on the sale value of the ore, split 73/25/2 — Commonwealth, state of origin, Traditional Owners.

Tax Reform

A $50,000 tax-free threshold and a flat rate.

Cost of Living

Relief funded by the resource-extraction levy.

Small Business

No income tax in years 1–3; BAS gone under $2M.

Cannabis & Hemp

Legal at 18+. A licensed Australian industry — and testing reformed.

Tobacco & Vapes

Halve the legal price, kill the criminal margin, open the crops.

State Funding Reform

The GST half of the levy package — consumption-based distribution, and no jurisdiction left behind.

Banking Reform

Competition and accountability in banking.

State Funding — WA

How the funding reform lands for Western Australia.

Superannuation · In Development

Policy in development — the full position will be published on this page.

Workplace Relations & Wages · In Development

Policy in development — the full position will be published on this page.

Trade & Exports · In Development

Policy in development — the full position will be published on this page.

Tourism · In Development

Policy in development — the full position will be published on this page.

Remittances · In Development

Policy in development — the full position will be published on this page.

State Funding — WA

WA sold $220 billion of minerals and petroleum in 2024–25 and collected $10.6 billion. The fix.

Remittances In development

In development — the full position will be published on this page.

Superannuation In development

In development — the full position will be published on this page.

Workplace Relations & Wages In development

In development — the full position will be published on this page.

Trade & Exports In development

In development — the full position will be published on this page.

Tourism In development

In development — the full position will be published on this page.

v712 · 21 Aug 2026