This report contained comments arising from an audit of the application of the Government's Economic Strategy directed towards providing financial assistance to industry. The audit focused on the role of the Department of Industry, Technology and Resources and the Victorian Economic Development Corporation in implementing the Strategy.

This report covered the utilisation of plant and equipment within a number of public sector agencies, and the implementation of the Youth Guarantee Program within the Department of Labour and the education sector.

The overall objective of the audit review was to determine the extent to which Government departments and agencies managed the property at their disposal in an efficient and economic manner.

The main aim in carrying out this review is to examine the efficiency and effectiveness of foreign exchange management systems and procedures at a central level and within public sector authorities.

This report contained audit recommendations on matters relating to the provision of Government housing.