Champions for Change – Annual Report “The Power Gap” and “The Participation Gap”

Caralee McLiesh

Chief Executive and Secretary, The Treasury

Dr Caralee McLiesh joined the Treasury as Chief Executive and Secretary to the Treasury in September 2019.

Caralee’s previous role as Managing Director at Technical and Further Education (TAFE) New South Wales (NSW), Australia, saw her lead the transformation of TAFE NSW to become a more modern, competitive and sustainable organisation.

From 2008-2018, Caralee held several Deputy Secretary roles at the NSW Treasury. During her time there, she led the development of State Budgets covering AUS$80 billion operating expenditure and AUS$350 billion in assets, and in her most recent role there (Deputy Secretary for the Fiscal and Economic Group), Caralee advised the Treasurer (NSW’s equivalent of the Minister of Finance) and government agencies on fiscal and economic policy, coordination of the Budget and state sector ac​counts, taxation, intergovernmental relations, and balance sheet management.

Her involvement in the development of Australia’s first Social Impact Bond for families at risk earned her the Public Service Medal of Australia (2017) for outstanding public service to social impact investment policy and reform in NSW.

Prior to this, Caralee worked at the World Bank in Washington DC, the International Red Cross and the Boston Consulting Group.

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