More money = more opportunity + more risk

Office of the Auditor General

While the Auditor General was pleased to report recently that all speed and red light camera money was being channelled into the State Road Trauma Trust Account, he warned that the significant increase in money coming in has bought with it a whole set of risks and challenges that needed to be addressed.

The Managing the Road Trauma Trust Account report highlights that all agencies responsible for administering trust accounts and sponsorship and grant programs need to ensure they have appropriate and transparent governance, policies and processes in place in order to demonstrate to Parliament and the community that the funds have been effectively managed and spent... Is your agency doing all it can and should be?