Compliance with the Asset Management Accountability Framework

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Victoria's roads, railways, schools, prisons and hospitals are part of the $265 billion of non-financial assets that government departments and agencies manage. Managing these assets well is important because they support the delivery of services that affect all Victorians. Despite this, many of our audits show that asset management is often neglected or poorly done, with more focus on building or buying new assets than on managing them strategically to get the best value from them.

Managing the Environmental Impacts of Domestic Wastewater

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Effective management of wastewater generated from household use is necessary to protect both public and environmental health. This audit will examine whether relevant state agencies are effectively managing the environmental and public health risks posed by septic tanks, with a focus on the Mornington Peninsula and Yarra Ranges.

Rehabilitating Mines

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In this audit we assessed if the state is effectively managing its exposure to liabilities from the rehabilitation of mines on private and public land.

Protecting Critically Endangered Grasslands

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This audit looked at whether the management of native vegetation clearing is protecting state and nationally significant native vegetation in the extended urban growth boundary areas. We focused on the Melbourne Strategic Assessment. Under this program, Victoria committed to establishing two grassland reserves by 2020 to offset native vegetation lost due to development in Melbourne’s extended urban growth boundary. We looked at how the Department of Environment, Land, Water and Planning is implementing this program and Parks Victoria’s ongoing management of the reserves.

Sexual Harassment in the Victorian Public Service

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Sexual harassment is harmful, unlawful and, in some instances, a criminal offence. Its impact on individuals and organisations can be significant.

We examined whether the Victorian public service provides workplaces that are free from sexual harassment. We looked at whether all eight departments effectively prevent, report and respond to sexual harassment.

Appendix F. Acronyms and glossary

Acronyms

AAS—Australian Auditing Standard

AASB—Australian Accounting Standards Board

DELWP—Department of Environment, Land, Water & Planning

DTF—Department of Treasury & Finance

ESC—Essential Services Commission

FMA—Financial Management Act 1994

FRD—Financial Reporting Direction

MRD—Ministerial Reporting Direction

VAGO—Victorian Auditor-General's Office

VGV—Valuer-General Victoria

WIRO—Water Industry Regulatory Order

Appendix D. Financial sustainability risk indicators

This Appendix sets out the definitions and criterion applied in this report from prior years that assist us in conducting our assessment of risks to financial sustainability across the water sector.

The financial sustainability indicators used in this report are indicative and highlight risks to ongoing financial sustainability at a sector and cohort level—metropolitan, regional urban and rural.