NSW Treasury reform program

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About Financial Management Transformation

We are committed to the Financial Management Transformation (FMT) reform program, which aims to improve financial governance across the NSW public sector. The program is based on the NSW Commission of Audit 2012 (the Schott Report) which found:

under-investment in public sector financial management over many decades
outdated policies based on Australia’s oldest financial laws
systems which do not support a high performing public sector
the ongoing need for Government to meet modern budget commitments.

The NSW Government is now completing FMT, it's the biggest financial reform in 30 years. The FMT program focuses on 3 main pillars:

Prime Financial System: A new system called Prime helps manage the budget from planning and funding to spending, tracking, and comparing results.
Improved Policies: New policies promote better performance and smarter resource use, aligning spending with the Government’s goals for the State.
Proposed Legislation: New laws aim to simplify public sector financial management by replacing outdated rules with a single framework.

Prime

Prime is the Information Technology (IT) system for the FMT program. Government agencies use it to submit data for budgets, performance tracking, and reporting. It combines many functions into one platform, making it easier to manage.

Key features of Prime include:

Program-based reporting: Provides clear management and performance data to guide spending and investment decisions.
Improved efficiency: Uses automated processes to save time and effort.
Single source of truth: Offers one place for financial and performance information.

Prime gives up-to-date details on the state’s finances, helping the Government make decisions that shape the state’s future.

Access to Prime

To get access to Prime you must:

be employed by NSW Government with a NSW Government email address
have a GEN ID (Government Employee Number)
have approval from your manager that you need Prime to do your job.

When you submit your Authorised Requestor form, you will be given e-learning modules based on your role. You must complete the assigned modules to get Prime access.

When your access is approved you can visit the Prime service desk knowledge base for training materials including, webinars, presentation packs, quick reference guides and simulations. You will also receive email notifications when Prime training is scheduled.

Identity Hub

The NSW Government Identity Hub service (ID Hub) has closed and all applications accessed through ID Hub (including Prime) have been moved to OKTA.

This transition is part of our continuous efforts to improve the level of service provided to Government agencies.

OKTA link to access Prime

Where to get help

For inquiries about your GEN ID contact your Human Resources officer in your agency.
If you are an Agency or Commercial Entity User, contact your Authorised Requestor, reach out to your Single Point of Contact (SPOC) for Prime access. Your SPOC is your Cluster contact for all things related to Prime. You can submit a Prime Enquiry to be sent the Authorised Requestor list.
If you are a Treasury User contact your manager to complete the Access form in the Prime Service Desk.
To raise Prime related issues, use the Prime Support Portal or call the Prime Service Desk on 1300 679 419.
To request, change or disable Prime access contact a Prime Authorised Requestor listed on the Knowledge Base (KB0000465).

Accessible documents

If you need help accessing any of our documents, contact us we are here to help you get the information you need.

Government Sector Finance Act 2018

The Government Sector Financial Act 2018 (GSF Act)focuses on better performance, transparency, accountability, and efficiency in managing finances in the sector. Find out what the GSF Act means and how it affects you.

Annual reporting under the Government Sector Finance Act 2018

From 1 July 2023 agencies, including universities, must follow the Government Sector Finance Act 2018 (GSF Act) when preparing their annual reports. This applies to reports for the 2022–23 financial year or the 2023 calendar year, depending on the agency.

You can visit NSW Treasury’s annual reporting for more information.

Treasurer’s Directions under the GSF Act

You can view the Treasurer's Directions in our document library.

We also have a helpful Treasurer's Directions Government Sector Finance Act factsheet (PDF 229.89KB).

GSF agency and key information

We have a range of helpful agency information factsheets and guides including:

Legislation

You can view the legislation and other helpful resources including:

Government Sector Finance Act: Overview

Helpful videos and factsheets

What you need to know

We have a range of GSF Act videos to help you understand who the GSF Act applies to along with other helpful topics including:

Our GSF Act factsheets will give you an overview and help you understand the basics and benefits of the GSF Act, our factsheets include:

Government Sector Finance Act: By role

The GSF Act explains the roles, duties, and responsibilities for managing the state's finances. These resources will give you key information about each role under the GSF Act.

Minister

The following resources will help you to understand your role and responsibilities in relation to the GSF Act:

Accountable Authority

The following resources will help you to understand your role and responsibilities in relation to the GSF Act:

Government Officer

The following resources will help you to understand your role and responsibilities in relation to the GSF Act:

State owner corporations

The following resources will help you to understand your role and responsibilities in relation to the GSF Act:

Government Sector Finance Act: By subject

The GSF Act contains provisions relating to the financial management and administration of the NSW Government sector. The following guidance will provide you with the information and links to build your understanding of how the reform affects your role within your agency.

Scope and Governance