Victorians remain vulnerable to state-significant risks (SSRs) such as pandemics, natural disasters and cyber-attacks under the Allan Labor Government, a new report has revealed.
Released today, the Victorian Auditor-General’s Office (VAGO) report into Managing State-significant Risks has found:
- The existing Victorian Government Risk Management Framework does not include key elements to explain agencies’ responsibilities to manage SSRs.
- Victorian Government agencies, including the Victorian Managed Insurance Authority (VMIA), have not met all their obligations to advise the government on SSRs.
- The way departments identify SSRs lacks rigour and they do not coordinate how they manage SSRs at the statewide level.
Furthermore, VAGO has found the Labor government is not effectively linking budget priorities with the financial implications of SSRs describing this as “a missed opportunity”.
Shadow Minister for Finance, Jess Wilson, said: “This report shows that under Labor, Victoriancommunities remain vulnerable to the impact of state-significant risks.
“It is deeply troubling that after experiences with the COVID pandemic, bushfires, floods and cyber-attacks, the Victorian Government is still getting the basics wrong when it comes to risk mitigation, coordination and response.
“Labor cannot manage money, cannot manage significant risks facing our stateand Victorians are paying the price.”
