Budget and Financial Management

The Department of Treasury and Finance is responsible for the sound management of the State's fiscal resources.

Publications

• Budget Papers
• Financial Reports

Financial Compliance

The Financial Management Compliance Framework responds to Government’s initiative of promoting responsible financial management.

• Financial Compliance
• Contacts for financial compliance
• The Chief Financial Officer's Good Practice Guide 2004 (PDF 592 kb)

Financial Reporting Policy

• News and Updates
• Financial Reporting Directions
• Financial Reporting Guidance
• Model Reports
• IFRS Adoption
• Long Service Leave Arrangements

Frameworks

• Integrated Management Cycle identifies the major planning, resource allocation, and accountability milestones through the year and outlines the process requirements and the relationships between various activities.
• Growing Victoria - A Vision for Victoria to 2010 and Beyond (Department of Premier and Cabinet website) sets out the Victorian Government's desired outcomes and reporting on achievement of these outcomes.

Legislation

Legislation related to budget and financial management:

• Audit Act 1994 (AustLII website)
• Financial Management Act 1994 (AustLII website)
• Financial Management Regulations 2004 (AustLII website)
• Financial Management (Amendment) Regulations 2006 (AustLII website)
• Declared Bodies under s 53A of the Financial Management Act 1994 (246 kb PDF)
• Audit (Public Bodies) Regulations 2005 (AustLII website)

Natural Disaster Financial Assistance

Information on Natural Disaster Financial Assistance

Information for Victorian Government Entities

Further information relating to the business operations of Victorian Government is available to agencies connected to the Victorian Government network.