The Bureau was created to conduct research programs, studies and investigations to assist the formulation of policy in the field of Transport. On 17 November 1976 the Minister for Transport announced that a new body would be formed within the Department of Transport, as a result of the government's decision to amalgamate the Commonwealth Bureau of Roads and the Bureau of Transport Economics. The new body would adopt the title of Bureau of Transport Economics. The new body was formally established on 30 June 1977 following the passage of the Commonwealth Bureau of Roads (Repeal) Act 1977.
References:
Commonwealth Government Directory, 1977, p. 263
Commonwealth Government Directory, 1978, p. 270
Historical agency address
Civic Permanent Centre, Allara Street, Canberra City