Labor’s Financial Statement 2014 provides much-needed direction for industry

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Last week I uncovered a gem: the labor government’s financial statement for 2014. While industry waits for the new Victorian Government to settle in and for the 2015 budget to be released, Labor’s financial statement provides much-needed direction on this new government’s priorities and programs.

Labor’s financial statement is a fully costed statement of labor government commitments prepared prior to the 2014 election. Moreover, the labor government has a responsibility to deliver on these election commitments.

The statement details forecasted spending against a group of priority initiatives out to 2018-19. If you are working on an initiative that is not listed below, then it’s unlikely to be on a politician’s agenda – or the public service’s.

The priority initiatives are:

Skills and Knowledge

Jobs and Growth

Health and Wellbeing

World Class Transport

A Safe and Just Society

Sustainable and Livable Communities

Backing Rural and Regional Victoria

There is too much detail to include in this post; however, I did want to highlight some of the headline items that provide opportunities for many industry sectors to do business with government:

Skills and Knowledge

  • Safe Schools Coalition Victoria expansion
  • Build and upgrade kindergartens
  • Establish the Victorian Skills Commissioner
  • Independent school capital works
  • State Library redevelopment
  • School asbestos removal program

Jobs and Growth

  • Premier’s Jobs and Investment Panel (including Start-up Victoria)
  • Future Industries Fund (including New Energy Jobs Fund)
  • Introduce inbound trade missions
  • Expand Victorian Government Business Office program
  • Melbourne’s North Innovation and Investment Fund
  • Portarlington Safe Harbour (capital project)
  • Save Sunvale Primary site (capital project)
  • Contemporary Music Hub

Health and Wellbeing

  • Super Pharmacies
  • Support services for paramedics
  • National Centre for Farmer Health
  • Western Women’s and Children’s Hospital
  • Victorian Heart Hospital
  • Moorabbin Hospital imaging and outpatients expansion
  • Casey Hospital expansion
  • Angliss ICU and Short Stay Unit
  • Aikenhead biomedical engineering
  • Ambulance branch upgrades
  • Ambulance vehicles and equipment

World Class Transport

  • Geelong Ring Road extension – planning
  • Romsey intersection – planning
  • Bus package  – capital component
  • Bendigo Metro Rail
  • Metropolitan and Regional Rolling Stock – Stage 1 – operating component
  • Melbourne Metro – planning and early works
  • West Gate Distributor
  • Streamlining Hoddle St
  • Chandler Hwy Bridge duplication
  • Road and Rail minor works fund
  • Frankston Station precinct redevelopment
  • Drysdale Bypass construction

A Safe and Just Society

  • Total 450 new fire fighters, CFA trucks and amenities
  • Police communications upgrade and additional police resources
  • Ballarat Centre Against Sexual Assault
  • Emergency medical response expansion
  • Mernda Police Station
  • Huntly Fire Station
  • Morwell Fire Station

Sustainable and Livable Communities

  • Total Community Sports Infrastructure Fund (including female facilities)
  • Beth Weizmann Centre security enhancements
  • Indian Cultural Precinct
  • Audit of Victorian heritage buildings
  • Gatwick Hotel funding
  • Homes for Homes

Backing Rural and Regional Victoria

  • Total Regional Infrastructure Fund
  • Ballarat Station Redevelopment
  • Euroa Saleyards
  • Geelong Performing Arts Centre
  • Gippsland Logistics Precinct
  • Eureka Stadium and other Ballarat sporting infrastructure
  • Ararat Arts Precinct Development 3.70
  • Victorian Defence Procurement Office
  • Geelong Regional Innovation and Investment Fund
  • Ararat Freight and Logistics feasibility study

In view of this comprehensive list, I would encourage all companies that are interested in doing business with government to review labor’s financial statement in detail to identify which programs they can support, and then target the government accordingly.

Stay tuned for our next post, which will consider the industry programs, including grants, that are supported by the new government.

 

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