Managing conflicts of interest

Public sector employees have a duty to put the public interest above their private interests when carrying out their official duties. Conflicts of interest are conflicts between public duties and private interest. Such conflicts may arise without any one being at fault. To maintain the highest levels of integrity and public trust, it is therefore critical that conflicts of interest are managed effectively.

As well as actual and potential conflicts, it is also a risk if a third party perceives that a conflict exists. Creating a perception that VAGO’s impartiality could be compromised can be as damaging as an actual compromise.

VAGO employees must avoid any actual, potential and perceived conflicts of interest, to maintain VAGO’s integrity and demonstrate that VAGO is acting without bias. VAGO has a conflict of interest policy to guide staff and the organisation in managing conflicts of interest. This is in line with the Code of Conduct for Victorian Public Sector Employees and the Victorian Public Sector Commission's Managing Conflicts of Interest Guide (October 2014)..

One of the ways VAGO manages conflicts of interest is through declarations of private interests. The following representatives of VAGO are required to make such declarations:

  • The Auditor-General and each executive officer upon appointment, as circumstances change and annually
  • Any employee, contractor or consultant holding a financial delegation in excess of $25 000
  • The Auditor-General may also require a declaration of any other employee, contractor or consultant engaged in a role where there is the potential for a conflict of interest to arise, such as where they are involved in the selection of major tenders.

This policy is also applicable our contract auditors and experts used in the course of VAGO operations and audits. Contractors sign a contract which requires notification of any independence issues, and must confirm in writing annually that they comply with office policies and procedures on independence.

For more information on how we manage conflicts of interest, please see our full policy.
Conflict of interest policy as PDF (96 KB)

 

......

Last updated on 12/02/2015