Investment attraction and facilitation in Victoria
Overview
The objectives of the audit were to investigate the extent of State provided and coordinated industry assistance to attract new investment, and evaluate:
- the effectiveness of investment attraction and facilitation programs in achieving their stated objectives, including the net benefits to Victoria;
- whether objective and comprehensive criteria have been established and consistently used to support industry attraction decisions;
- the transparency of such arrangements; and
- the adequacy of measures of whether recipients of public assistance are generating the expected economic, social, and environmental benefits for the community.