Department of Treasury & Finance
State Government of Victoria
Victoria. The Place To Be.
Department of Treasury & Finance
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DTF agencies and affiliates

Links are provided below to each of the DTF agencies and affiliated government bodies, for which DTF provides the secretariat function. DTF takes no responsibility for the content of these sites and the provision of these links should in no way be considered an endorsement of their content.

Statutory bodies

Accident Compensation Conciliation Service
www.conciliation.vic.gov.au
The Accident Compensation Conciliation Service provides an independent service that uses the principles of Alternative Dispute Resolution to resolve workers compensation disputes in Victoria. Conciliation is a key part of the Victorian workers compensation scheme and, in most disputes, is a compulsory step before proceedings can be taken in court.

Emergency Services and State Super (ESSSuper)
www.esssuper.com.au
ESSSuper manages Victoria’s major public sector superannuation schemes including the Emergency Services Superannuation Scheme and the former State Superannuation Fund. The Emergency Services Superannuation Board is the trustee of these schemes which provide benefits for approximately 150,000 current and former public sector employees.

Essential Services Commission
www.esc.vic.gov.au
The Commission commenced operations on 1 January 2002 as Victoria’s independent economic regulator of prescribed essential utility services supplied by the electricity, gas, ports, grain handling and rail freight industries. Since 1 January 2004 the Commission has also been responsible for the regulation of Victoria’s water and sewerage services.

Parliamentary Trustee
The Trustee is responsible for administering the Parliamentary Contributory Superannuation Fund, the superannuation fund for members of Parliament.

Rural Finance Corporation
www.ruralfinance.com.au
Rural Finance offers finance to the rural sector for a range of purposes and have played a major role in the development of rural Victoria. They are also charged with administering schemes on behalf of the Commonwealth and Victorian Governments.

State Electricity Commission of Victoria, trading as Vicpower Trading
www.vicpower.com.au
SECV was established in 1921 to supply electricity to Victoria. This role continued until 1993 when it was disaggregated into generation, transmission and distribution companies that were further split and privatised in the 1990s. However, the Electricity Supply Agreements with Portland and Point Henry aluminium smelters were retained by SECV, who under “Vicpower Trading” continues as electricity supplier.

State Revenue Office
www.sro.vic.gov.au
SRO is the Victorian Government's major tax collection agency. The SRO administers a range of taxes. These include pay-roll tax, duties (formerly known as stamp duty) and land tax. The collection of these taxes and duties raises more than $7 500 million in revenue annually for the Victorian Government. The SRO also administers several subsidies and exemptions.

Treasury Corporation of Victoria
www.tcv.vic.gov.au
TCV is the State of Victoria’s central funding authority and financing adviser. Their overarching focus is the delivery of financing outcomes that are beneficial to, and protective of, the interests of the state.

Victorian Competition and Efficiency Commission
www.vcec.vic.gov.au
VCEC is the government’s advisory body on regulation and other issues affecting Victoria’s economic development. It was established as an independent body by the Victorian Government in 2004 to review regulatory impact statements and advise on the economic impact of significant new legislation; undertake inquiries into matters referred to it by the Victorian Government; and operate Victoria's Competitive Neutrality Unit.

Victorian Funds Management Corporation
www.vfmc.vic.gov.au
VFMC manages assets of over $31 billion for non-profit organisations and Victorian Government entities. It specialises in constructing client portfolios that deliver quality portfolio risk and return outcomes, using the services of leading specialist funds managers.

Victorian Government Purchasing Board
www.vgpb.vic.gov.au
VGPB was established under the Financial Management Act 1994 and replaced the State Tender Board from 1 February 1995. The VGPB currently has eight members and meets bi-monthly to develop and approve policies, approve major requisitions from departments, and discuss related procurement policy and practice matters. Four of the VGPB members, including the Chairperson, are external appointees, and the remainder are appointed from government departments. VGPB reports to the Minister for Finance.

Victorian Managed Insurance Authority
www.vmia.vic.gov.au
VMIA was established in 1996 under the Victorian Managed Insurance Authority Act. The VMIA assists State Government departments in the areas of risk management and acts as an insurer for departments and Government agencies.

Victorian WorkCover Authority
www.worksafe.vic.gov.au
VWA is the manager of Victoria's workplace safety system. Broadly, the responsibilities of the organisation are to help avoid workplace injuries occurring, enforce Victoria's occupational health and safety laws, provide reasonably priced insurance for employers, help injured workers back into the workforce and manage the workers' compensation scheme by ensuring the prompt delivery of appropriate services and adopting prudent financial practices.

Young Farmers' Finance Council
The Council was established in 1979 to assist young people to become established in farming. Through the Young Farmers' Finance Scheme it provides funds at a concessional interest rate for the purchase of stock, equipment and land.

State-owned enterprises

CenITex
www.cenitex.vic.gov.au
CenITex, the Centre for IT Excellence, was formed in July 2008 to centralise information and communications technology (ICT) support to Victorian Government departments and agencies.

City West Water
www.citywestwater.com.au
City West Water is one of three retail water businesses in metropolitan Melbourne owned by the Victorian Government. It provides drinking water, sewerage, trade waste and recycled water services to residential, industrial and commercial customers in Melbourne’s Central Business District and inner and western suburbs.

South East Water
www.sewl.com.au
South East Water provides water, sewerage, trade waste and water-saving services for residents and businesses in an area ranging from the South East of Melbourne to South Gippsland.

State Trustees
www.statetrustees.com.au
State Trustees' core purpose is centred on helping people with their financial needs so they can make the most of their opportunities. This is achieved through the provision of a comprehensive range of will making, trustee, executor, and personal financial administration products and services.

Transport Accident Commission
www.tac.vic.gov.au
TAC is a Victorian Government-owned organisation set up in 1986. Its role is to pay for treatment and benefits for people injured in transport accidents. It is also involved in promoting road safety in Victoria and in improving Victoria's trauma system.

VicForests
www.vicforests.com.au
VicForests is a State-owned commercial forestry business that sustainably harvests two million tonnes of eucalypt logs yearly for a range of domestic and export customers and markets. It commenced operations in August 2004 as part of the Victorian Government's Our Forests Our Future policy which required the separation of forest policy, regulatory and commercial functions.

Yarra Valley Water
www.yvw.com.au
Yarra Valley Water provides water supply and sewerage services the Yarra River catchment area in Melbourne's north and north east.
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Related Links

News
Victorian Bushfires Royal Commisson Reports
The 2009 Victorian Bushfires Royal Commission interim report no 2. - Priorities for Building in Bushfire-Prone Areas is now available.

Annual Reports
DTF's 2008-09 Annual Report is now available

Financial Reports
The Quarterly Financial Report for the period ending 30 September 2009 is now available.

Fire Levy
View the Fire Services Levy Green Paper

Reforming Victoria's public finance legislation
View submissions received in response to the discussion paper.

Budget Papers
View the 2009-10 Budget documents, as well as economic papers on employment and public infrastructure.