Financial Implications ($m)
| 1997-98 | 1998-99 | 1999-00 | 2000-01 |
| 2.2 | 2.3 | 2.3 | 2.4 |
Explanation
The Commonwealth and Victorian State Governments announced an in-principle agreement on the referral of Victoria's industrial relations powers on 11 November 1996. Relevant legislation has been passed by the State and Commonwealth Parliaments. The new arrangements are effective from 1 January 1997.
This measure provides funding for the Department of Industrial Relations and the Australian Industrial Registry to provide the additional operational requirements for the provision of industrial relations compliance, information and advisory services in Victoria. The costs associated with these additional requirements have been offset in part from savings in the Industrial Relations portfolio.
