The RMF covers government and public sector planning, budgeting, service delivery, accountability and review.
It includes mandatory requirements and guidance for departments on a range of topics, including matters relating to the Department Funding Model, objectives and outputs, appropriation funding, trust accounts, carryovers, reporting and other topics.
All Victorian government departments, and specified agencies listed in the RMF, are required to apply the RMF under the Standing Directions 2018 under the Financial Management Act 1994.
From 1 January 2026
This version of the RMF should be used from 1 January 2026.
It reflects some of the recent amendments to the Financial Management Act 1994 (FMA), incorporates requirements to formally document existing controls and practices and introduces changes to streamline processes. Additional updates have been made to improve clarity and guidance throughout the document.
A full list of the changes is provided on page 5 of the Main Document (Part 1). New guidance on the establishment or abolition of certain entities has been included in the Attachments (Part 2).
Part 1
Part 2
From 1 July 2025
This version of the RMF should be used from 1 July 2025.
It incorporates additional guidance and minor clarifications to existing policy requirements.
The complete list of changes is on page 5 of the main document. No changes have been made to the attachments document.
Part 1
Part 2
From 1 July 2024
This version of the RMF should be used from 1 July 2024. It incorporates a change to existing policies as directed by Government.
This version contains amendments made in June 2024.
The complete list of changes are on page five of the main document. For questions and queries regarding the recent changes to RMF Section 5.5 – Cash Flow Forecasting, please contact working.capital@dtf.vic.gov.au.
No changes were made to the attachments document.
Part 1
Part 2
From 1 July 2023
This version of the RMF should be used from 1 July 2023. It incorporates a number of changes to existing policies as directed by Government.
This version contains amendments made in January 2024.
The complete list of changes is on page five of the main document. No changes were made to the attachments document.
Part 1
Part 2
Data Output Methodology Template
Prior to 1 July 2023
This previous version of the RMF should be used for the 2022-23 attestation year.
Part 1
Part 2
Queries
Any questions related to the RMF should be emailed to financial.frameworks@dtf.vic.gov.au.
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