This policy centralises the borrowing and investment powers of state entities with the State's central finance agencies, Treasury Corporation of Victoria and Victoria Financial Management Corporation.
The policy is complemented by Direction 4.5.6 issued by the Minister for Finance under the Financial Management Act 1994 . Subject to several exceptions, the Direction gives legal force to the policy.
Following extensive consultation with its stakeholders, the Government has issued the Direction. The key points of the policy are summarised below:
Centralised treasury investment policy (PDF 128kb)
Centralised treasury investment policy (DOC 214kb)