Victoria’s $434m crime proceeds haul cops a caning

By Julian Bajkowski Victoria’s system of confiscating money and assets from the state’s organised criminals and drug dealers has been found sorely wanting by the state’s Auditor General after a new report highlighted a raft of operational and governance shortcomings. An audit of the state’s Asset Confiscation Scheme by the Victorian Auditor General’s Office released […]

New guide to asset planning

Local councils in Queensland have received a new guide to help mayors and councillors better understand their responsibilities in managing billions of dollars in community assets. Released by Local Government Minister Desley Boyle on Thursday, the Guide to Asset Accounting in Local Governments provides information on assets and depreciation, with links and resources to assist […]

Indigenous councils tackle asset management

By Angela Dorizas Finance managers and chief executive officers from Queensland’s Indigenous councils met in Cairns today for an asset management masterclass. Local Government Minister Desley Boyle said the workshop was organised following consultations with the Indigenous Councils Finance Managers Network. She said the Government was providing support for all councils in Queensland to help […]

ANAO releases new guide to asset management

The Australian National Audit Office (ANAO) has released a new guide on asset management in public sector entities. The new report, Better Practice Guide on the Strategic and Operational Management of Assets by Public Sector Entities, is an update on previous guides. It aims to provide a practical asset management framework that can be adopted by […]

Albanese outlines plan for $25m local government reform fund

By Staff Writer The Federal Government has released the guidelines and operating arrangements for the $25 million Local Government Reform Fund. Minister for Infrastructure, Transport, Regional Development and Local Government, Anthony Albanese, announced the plans at the Local Government and Planning Ministers’ Council in Darwin last Friday. Albanese said it was the first time in more […]

Tasmania examines financial sustainability of councils

By Jane Garcia One in five Tasmanian Councils may be financially unsustainable, according to a recently released report commissioned by the Local Government Association of Tasmania (LGAT) and conducted by Access Economics. The report follows similar studies in South Australia, Western Australia and NSW, and its finding is consistent with last year’s PriceWaterhouseCoopers (PwC) report […]

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