Overview
Western Australian Treasury Corporation (WATC) is the central financial services provider for the Western Australian Government.
Established in 1986, we have expertise in a range of products and services that cover funding, investment, foreign exchange, financial advice and risk management.
We partner with Western Australian Government agencies to achieve sound financial management outcomes, while providing investors with secure and sustainable opportunities. Drawing on our specialist knowledge and our centralised model, we help to deliver better financial outcomes for the State.
Key Activities
We provide a comprehensive range of debt products and management services designed to support clients to achieve their financial objectives.
WATC is an experienced provider of secure investment solutions designed to assist client liquidity management.
We have specialist knowledge of financial markets and financial risk management and provide advisory services to clients on all aspects of finance and financial risk management.
We provide a range of foreign exchange products and services to help clients identify, measure and manage their foreign exchange exposures.
Clients can access our considerable experience and expertise, along with the systems, pricing and oversight.
Our team publishes a wealth of commentary on economic and financial market-related commentary featuring both global and domestic data.
Purpose, Objectives and Values
Purpose
To provide financial solutions for the benefit of the Western Australian public sector.
Objectives
- Provide high-quality, cost-effective products and services to the Western Australian public sector.
- Maintain access to domestic and international capital markets to ensure funds are raised to finance client borrowing needs in a timely and cost-effective manner.
- Ensure the efficient, sustainable performance of WATC in accordance with the risk appetite of WATC’s Board.
Values
We operate our business in accordance with our values.We are open, honest and accountable. We adhere to the highest professional and ethical standards. We honour our promises.
We work collaboratively with our stakeholders and colleagues towards achieving successful outcomes.
We challenge ourselves to think creatively and to continuously improve.
We are engaged and focused on delivering valued outcomes for Western Australia.
We use our knowledge and experience to contribute to the long-term benefit of Western Australia.
Corporate Overview
Hon Rita Saffioti BBus MLA
Deputy Premier; Treasurer; Minister for Transport; Tourism.
WATC was established under the Western Australian Treasury Corporation Act 1986 (the Act) as the State’s central borrowing authority. Amendments to the Act during 1998 expanded WATC’s role to include the provision of financial management services to the Western Australian public sector.
Organisational Structure
Expert Knowledge and Guidance
- Client Services TeamMeet the team
Meet the team that provide guidance on loan products and services, investments, treasury management and foreign exchange.
- Advisory TeamMeet the team
Discover more about the team that provide expert, independent and professional advice to clients across the WA public sector.
- Economic Services TeamMeet the team
Learn more about the Economists that prepare our publications and provide commentary on both global and domestic activity.
Banner image below - Perth City. Image courtesy of Water Corporation.