Portfolio: Foreign Affairs and Trade
http://www.exportfinance.gov.au
$180M
2025-26 Budget$300M
2024-25 Total Revenue250
Headcount (2024-25)Department of Foreign Affairs and Trade (DFAT) Digital Uplift
Department of Foreign Affairs and Trade
Total Budget
$106.2M
Digital Budget
$106.2M
July 2024 — June 2028
This program addresses cyber security vulnerabilities across DFAT’s International Communications Network and improves collaboration across government, ensuring DFAT maintains Level 2 of the Cyber Essential Eight Maturity Model.
Go Global Toolkit Expansion (GGT)
Australian Trade and Investment Commission (Austrade)
Total Budget
$10.9M
Digital Budget
$9M
July 2024 — June 2026
The GGT is a single, simple and trusted source of practical export support for all Australian business. Enhancement to GGT will improve export readiness of Australian businesses and aim to grow Australian exports through capability uplift. Enhancements include online export support that is personalised and tailored to Australian business interests, capabilities and emerging global market opportunities. Businesses can access tailored market insights, events and news articles based on their sectors and markets of interest. They can also access exclusive exporting webinars and track their progress through the export journey. The GGT supports the government’s trade priorities, including diversification, and also provides information on how to use new free trade agreements. It allows for trade services to be delivered digitally, at scale – a key expectation of modern Australian businesses.
International Communications Network (ICN) Stabilisation Program
Department of Foreign Affairs and Trade
Total Budget
$90.2M
Digital Budget
$90.2M
July 2023 — June 2026
This program is stabilising the current ICN by replacing aged core ICT infrastructure components (servers and network switches) along with some uninterruptable power supply (UPS), fibre remediation and replacement of end-of-life Multi-Function Devices. Stabilisation is necessary to ensure critical systems outages are reduced and support the development of new and enhanced ICT capabilities to meet Australia's current and future communication requirements, including delivery of future government foreign policy and trade goals, as detailed in DFAT’s 10-year capability plan.
Foreign Arrangements Scheme (FAS) – Australia’s Foreign Relations Act (AFRA) online portal and website enhancement (known as the AFRA Digital/ICT enhancement program)
Department of Foreign Affairs and Trade
Total Budget
$10.3M
Digital Budget
$10.3M
July 2023 — June 2027
This project will ensure the ongoing enhancement and maintenance of the FAS online portal and website, including the public register. This project will also ensure the government can meet its legislative responsibilities under the Australia’s Foreign Relations (State and Territory Arrangements) Act 2020, be responsive to stakeholder feedback and implement outcomes from the recent Legislative Review * This total budget reflects the costs associated with delivery of the required digital and ICT capability and does not include costs associated with managing and delivering all regulatory functions of the Foreign Arrangements Scheme. Total program budget 29.8 million.
8 tagged
Reform proposals on YourGov that name this department as a delivery partner — drawn from citizen voice, government strategy, research, international examples and gap analysis.
STRATEGY SUMMARY
Our purpose is to support Australian export trade and overseas investment, as well as overseas infrastructure development that has an Australian benefit.
PURPOSE
Our purpose is to support Australian export trade and overseas investment, as well as overseas infrastructure development that has an Australian benefit.
Corporate Plan 2025-26 · p.5Strategic priorities
· 1
Supporting Australian export trade, overseas investment and infrastructure development that benefits Australia.
Corporate Plan 2025-26 · p.5Outcomes
· 1
Supporting Australian export trade, overseas investment and infrastructure development
We achieve this by fulfilling our legislated functions, which are to: provide finance that facilitates and encourages Australian export trade, overseas investment and infrastructure development; provide finance that supports Australia’s economic resilience and security and the net zero transformation; encourage banks and other financial institutions to finance exports, overseas investment and infrastructure development; provide information and advice regarding financial arrangements to support Australian export trade, overseas investment and infrastructure financing; assist other Commonwealth entities and companies in providing finance and financial services; administer payments in relation to certain overseas aid projects financed by the Commonwealth.
KEY ACTIVITIES
Values
· 1
supporting Australian export trade, overseas investment and infrastructure development
Performance measures
· 4
| Code | Measure | Target 2025-26 | Latest result | Status |
|---|---|---|---|---|
CCE01 | Value of facilities signed | $1.625b Corporate Plan 2025-26 · p.21 | $2.1b Annual Report 2024-25 · p.25 | Achieved |
CCE02 | Number of customers supported | >175 Corporate Plan 2025-26 · p.21 | 131 Annual Report 2024-25 · p.25 | Not achieved |
CCE03 | Active customers | 285 Corporate Plan 2025-26 · p.21 | 288 Annual Report 2024-25 · p.25 | Achieved |
CCE04 | CA profit (pre-tax) | >$35m Corporate Plan 2025-26 · p.21 | $52.8m Annual Report 2024-25 · p.25 | Achieved |
Source documents
· 11
2024-25
View a PDF version of our Annual Report.
Open
2023-24
Annual Report 2024
Open
2022-23
Annual Report 2023
Open
2022
Annual Report 2022
Open
2020-21
Annual Report 2021
Open
2025-26
Download now
Open
2024-25
Corporate Plan 2025
Open
2023-24
Corporate Plan 2024
Open
2022-23
Corporate Plan 2023
Open
2021-22
Corporate Plan 2022
Open
2023
Read our Innovate Reconciliation Action Plan
Open
Ideas distilled from this entity's strategy & evidence
· 8
Streamline Export Finance Application Process
Simplify and speed up the application process for export finance, reducing delays and improving customer satisfaction.
2024-25.pdf
Improve Transparency and Reporting on Financial Performance
Enhance the transparency of financial performance reports to provide clearer insights into EFA’s operations and financial health.
2025-26.pdf
Adopt Global Best Practices for Risk Management
Implement international risk management standards to improve the safety and reliability of export finance services.
association-worldbank.org-governance.txt
Enhance Digital Services for Client Interaction
Upgrade the digital platform to provide better online services, including easier access to information and support.
2024-25.pdf
Reduce Processing Time for Export Finance Applications
Implement measures to significantly reduce the time taken to process export finance applications.
2025-26.pdf
Enhance Data Management and Analytics
Improve data management practices and leverage advanced analytics to better inform decision-making.
2024-25.pdf
Improve Stakeholder Engagement and Feedback Mechanisms
Enhance mechanisms for collecting and acting on stakeholder feedback to improve service delivery.
2025-26.pdf
Adopt International Standards for Export Finance
Align EFA’s policies and practices with international standards to enhance the quality and reliability of export finance.
consulting-deloitte.com-government-public.txt
Streamline Export Finance Application Process
Simplify and speed up the application process for export finance, reducing delays and improving customer satisfaction.
2024-25.pdf
Improve Transparency and Reporting on Financial Performance
Enhance the transparency of financial performance reports to provide clearer insights into EFA’s operations and financial health.
2025-26.pdf
Adopt Global Best Practices for Risk Management
Implement international risk management standards to improve the safety and reliability of export finance services.
association-worldbank.org-governance.txt
Enhance Digital Services for Client Interaction
Upgrade the digital platform to provide better online services, including easier access to information and support.
2024-25.pdf
Reduce Processing Time for Export Finance Applications
Implement measures to significantly reduce the time taken to process export finance applications.
2025-26.pdf
Enhance Data Management and Analytics
Improve data management practices and leverage advanced analytics to better inform decision-making.
2024-25.pdf
Improve Stakeholder Engagement and Feedback Mechanisms
Enhance mechanisms for collecting and acting on stakeholder feedback to improve service delivery.
2025-26.pdf
Adopt International Standards for Export Finance
Align EFA’s policies and practices with international standards to enhance the quality and reliability of export finance.
consulting-deloitte.com-government-public.txt
Legislation administered
· 6
1991
Export Finance and Insurance Corporation Act 1991
Export Finance Australia administers this Act to provide finance for Australian export trade, overseas investment, and infrastructure development.
1999
Environment Protection and Biodiversity Conservation Act 1999
Export Finance Australia has to consider the environmental impact of its financing activities under this Act.
2024
Future Made in Australia policy
Export Finance Australia supports the Future Made in Australia policy to finance major domestic projects and infrastructure.
2023
Critical Minerals Facility
Export Finance Australia administers the Critical Minerals Facility to finance critical minerals projects.
2023
Southeast Asia Investment Financing Facility
Export Finance Australia administers the Southeast Asia Investment Financing Facility to support infrastructure and investment in Southeast Asia.
2023
Australian Infrastructure Financing Facility for the Pacific
Export Finance Australia administers the Australian Infrastructure Financing Facility for the Pacific to support infrastructure projects in the Pacific region.
Source library
· 14
5.6MB
2024-25.pdf
9.4MB
2024.pdf
7.3MB
2023.pdf
3.6MB
2022.pdf
6.5MB
2021.pdf
2.5MB
2025-26.pdf
2.0MB
2025.pdf
1.8MB
2024.pdf
3.0MB
2023.pdf
1.7MB
2022.pdf
102KB
kpmgassurancereport.pdf
9.2MB
p2023-435150.pdf
Bodies within the Foreign Affairs and Trade portfolio
Tourism Australia
Corporate Commonwealth Entity
Australian Trade and Investment Commission (Austrade)
Non-corporate Commonwealth Entity
Australian Secret Intelligence Service
Non-corporate Commonwealth Entity
Australian Centre for International Agricultural Research
Non-corporate Commonwealth Entity
Policy Advisory Council (for International Agricultural Research)
Statutory Body
Commission for International Agricultural Research (ACIAR)
Statutory Body
Australian Safeguards and Non-Proliferation Office
Statutory Body