Department of Treasury & Finance
State Government of Victoria
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Department of Treasury & Finance
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Guidelines

Victorian Guide to Regulation

The Victorian Guide to Regulation is the definitive guide to developing regulation in Victoria. It is a comprehensive and valuable source of information and guidance to those involved in the design and assessment of best practice government regulation.

The Guide was revised in April 2007 to incorporate a number of changes and improvements to the guidance material. It also describes changes to relevant government processes since the release of the original Guide.

PDF document Victorian Guide to Regulation 2007 (2,189 kb PDF)

Cost Recovery Guidelines

DTF has developed Guidelines to clarify the Government’s policy principles underpinning cost recovery arrangements. The Guidelines provide a rigorous framework for use by government entities when considering, developing and reviewing user charges and regulatory fees. They ensure that cost recovery arrangements in Victoria are transparent, efficient, effective and consistent with legislative requirements and government policy.

(Note: The annual rate for 2008-09, as discussed in Section 5.2 of the Guidelines, is 3 per cent.)

PDF document Cost Recovery Guidelines 2007 (597 kb PDF)

Treasury Management Guidelines

The Treasury Management Guidelines set a framework to guide Government Business Enterprises in the development and management of their treasury function. The framework is designed to ensure consistency with:
  • the debt and financial management objectives and risk tolerance of the State;
  • the institutional and administrative structure for public sector treasury management; and
  • the accountability framework that has been established under the GBE reform program.
The guidelines provide detail on the Government’s overall public sector debt management objectives which are:
  • to ensure the State’s net debt is maintained at a prudent level;
  • to ensure access to financial markets;
  • to minimise borrowing costs; and
  • to ensure effective management of the State’s financial risks.
They also outline the responsibilities of the Department, Treasury Corporation of Victoria and Government Business Enterprises with regard to financial risk.

PDF document Treasury Management Guidelines - June 2007 (364 kb PDF)

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News
Budget Papers
The 2008-09 Victorian Budget was released on 6 May 2008.

Reducing the Regulatory Burden
Treasurer Lenders has released the 2006-07 Progress Report on the Reducing the Regulatory Burden initiative.

DTF Projects
Victorian Competition and Efficiency Commission Inquiry into Enhancing Victoria's Liveability announced