Results of 2024–25 Audits: Local Government

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This report sets out the results of our financial and related audits of Victoria’s local councils and related entities. It also provides our independent view on sector‑wide financial outcomes, emerging risks, and common internal control and reporting issues.

Timely Payments Performance

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In 2021 the Victorian government amended the Fair Payments Policy. Agencies under the amended Policy must pay invoices for contracts under $3 million within 10 business days. We conducted this review to see if agencies were paying on time, and if publicly reported information about payment timeliness was accurate and transparent.

1. Our findings

What we examined

For this review we had a single line of inquiry: 

1. Do agencies meet the requirements of the Data Quality Information Management Framework standard (Data Quality Standard)?

To answer this question, we examined: