What does Australian Financial Security Authority do for the Australian Government?

Australian Financial Security Authority is an Australian Government contractor with 13 contracts worth $9.4M since 2012. Their largest government client is Australian Taxation Office, and their average contract value is $721K. Recent government contracting activity has declined.

Key Metrics

13Total Contracts
$9.4MTotal Value
8Agencies Served
$721KAvg Contract
13Years Active

How much does Australian Financial Security Authority win in government contracts each year?

$0 $1.3M $2.6M $3.8M $5.1M 2012: $77K 2012 2013: $273K 2013 2014: $75K 2014 2015: $5.1M 2015 2016: $43K 2016 2021: $1.2M 2021 2022: $55K 2022 2023: $1.2M 2023 2024: $1.4M 2024
View data table
Australian Financial Security Authority — Annual Government Contract Awards
YearContractsValue
20121$77K
20133$273K
20141$75K
20152$5.1M
20161$43K
20211$1.2M
20221$55K
20232$1.2M
20241$1.4M

Who are Australian Financial Security Authority's biggest government clients?

AgencyContractsValueShare
Australian Taxation Office 4 $8.8M 93.5%
Australian Customs and Border Protection Service 3 $227K 2.4%
Department of Regional Australia, Local Government, Arts and Sport 1 $183K 1.9%
Department of Infrastructure, Transport, Regional Development, Communications and the Arts 1 $71K 0.8%
Department of Finance 1 $55K 0.6%
Australian Fisheries Management Authority 1 $43K 0.5%
Services Australia 1 $15K 0.2%
Productivity Commission 1 $14K 0.1%

How does Australian Financial Security Authority win government contracts?

MethodContractsValueShare
limited 13 $9.4M 100.0%

What are Australian Financial Security Authority's largest government contracts?

ContractAgencyValueAwarded
Debt Management Australian Taxation Office $5.0M
Provision of legal services (replaces CN3951150) Australian Taxation Office $1.4M
Provision of Legal Services Australian Taxation Office $1.2M
Provision of legal services Australian Taxation Office $1.2M
Property Lease - 22 - 26 Elizabeth Street Hobart Department of Regional Australia, Local Government, Arts and Sport $183K

What are Australian Financial Security Authority's most recent government contracts?

ContractAgencyValueDate
Provision of legal services (replaces CN3951150) Australian Taxation Office $1.4M
Provision of legal services Australian Taxation Office $1.2M
MoU in relation to licence of Part Level 19, 12 Creek Street Brisbane QLD 4000. Productivity Commission $14K
Property Mangement Department of Finance $55K
Provision of Legal Services Australian Taxation Office $1.2M
Purchase of Term Licence agreement Australian Fisheries Management Authority $43K
Shared Accommodation - Hobart Department of Infrastructure, Transport, Regional Development, Communications and the Arts $71K
Debt Management Australian Taxation Office $5.0M
127693 - Provision Security Related Services Australian Customs and Border Protection Service $75K
Market Research Services Services Australia $15K

Is Australian Financial Security Authority's government business growing or declining?

↓ 100.0%

Significant decline — contract value dropped 100% year-over-year.

Based on comparison of last 12 months vs prior 12 months of awarded contract value.

Who competes with Australian Financial Security Authority for government contracts?

Other suppliers winning contracts from the same government agencies.

SupplierContractsValue
IBM AUSTRALIA LTD 147 $1.57B
ACCENTURE AUSTRALIA PTY LTD 74 $1.50B
OPTUS NETWORKS PTY LTD 16 $1.34B
HP Enterprise Services Australia Pty Ltd 1 $1.20B
AUSTRALIA POST - A/C 1117804 49 $724.1M
UNITED GROUP SERVICES P/L - OVERSEAS 64 $712.5M
TRANSLATING & INTERPRETING SERVICE 26 $702.3M
QIC Limited 3 $692.0M
SERCO CITIZEN SERVICES PTY LTD 5 $565.0M
Lockheed Martin Australia Pty Ltd 5 $491.6M

What size contracts does Australian Financial Security Authority typically win?

Size RangeContractsTotal Value
$10K-$50K3$73K
$50K-$100K5$353K
$100K-$500K1$183K
$1M-$5M3$3.7M
$5M-$20M1$5.0M

What is Australian Financial Security Authority's registered business information?

Australian Business Number (ABN)
63384330717
Registered Name
Australian Financial Security Authority
Government Contracting Period
2012 – 2024

Verify entity details on the Australian Business Register.

Procurement Categories

UNSPSC categories where Australian Financial Security Authority is active.

Management & Professional Services 11 contracts · $9.2M · 0.0% of category spend Defence & Public Order 1 contracts · $75K · 0.0% of category spend IT & Telecommunications 1 contracts · $43K · 0.0% of category spend

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