Each year, we receive a statement of expectations from the Minister for Finance. The statement sets out the minister’s expectations of our contribution to the Victorian Government’s regulatory reform program.
Ministerial statement of expectations
Each year, we receive a statement of expectations from the Minister for Finance. The statement sets out the minister’s expectations of our contribution to the Victorian Government’s regulatory reform program.
The letter identifies areas where we can improve our performance to reduce the cost of regulation on business and the community. It outlines key objectives and targets which we will report on in our annual reports. The key areas for improvements include:
Key area | Expectation |
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Promoting the development of a low-cost, competitive energy sector |
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Improving electricity connections for new developments |
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Regulation of the waste and recycling sector |
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Timeliness of regulatory processes |
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Risk-based strategies focusing on low income and vulnerable consumers |
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Stakeholder consultation and engagement |
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Role clarity |
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