This output contributes to the delivery of strategic, timely and comprehensive analysis and advice on economic policy to support government decision making.
Results legend
* Performance target achieved or exceeded in a desirable way
** Performance target not achieved — exceeds 5 per cent or $50 million (cost measures only) variance
| Performance measure | Unit | 2023–24 target | 2023–24 actual | Variance | Result |
|---|---|---|---|---|---|
| Quality | |||||
| Key stakeholder satisfaction with advice and support relating to economic policy and land coordination | per cent | 85 | 85 | 0% | * |
| Timeliness | |||||
| Provision of economic policy briefings within agreed timeframes | per cent | 85 | 85 | 0% | * |
| Cost | |||||
| Total output cost | $ million | 24.0 | 22.2 | -7.4% | ** |
The 2023–24 actual was lower than the target due to the machinery of government transfer of the Precincts and Land Coordinator General functions to DTP on 1 November 2023, along with applied savings. The variation from target was also influenced by the rephasing of some grant payments under the Driving Victoria’s International Agenda initiative. The rephase was made to better align payment milestones with the planned completion of activities in 2024–25, enhancing contract management. Additionally, some activities under the Delivering Victoria’s International Interests initiative were delayed, to meet offset requirements. | |||||
Updated