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$1bn ICT opportunities in Victorian Budget

by Staff Writers •
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ICT projects worth more than $900 million were announced in the State budget handed down by Victorian treasurer John Lenders on 5 May.

This includes major ICT projects in Department of Sustainability and Environment (DSE).

In addition, Intermedium expects up to $100 million in non-specific ICT spending within other named projects, including additional funding for project in Human Services and Emergency Services.

As expected, ICT was hardly mentioned in the Budget, and forensic analysis of all the Budget papers is needed to tease out the ICT implications.  For example, the Victorian Government has committed itself to an extensive, integrated transport strategy, which involves expenditure of more than $35 billion on all transport modes.  This will present significant underlying ICT opportunities.  But suppliers need to understand the budget process, timing and who the key decision-makers are, and become proactive in developing opportunities.

Victoria represents more than 25% of the Australian economy and the Government has maintained operating surpluses for the last few years.  However, in 2009-10, the impact of the recession combined with the tragic bushfires means the State economy will be challenged over the next few years.  The State’s Efficient Technology Program, and entities such as CenITex will need to deliver clear savings over the next year and beyond. These and other ICT elements of the Victorian Budget will be highlighted at an Intermedium briefing (details below) next week.

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  • VIC
  • Policy
  • DSE
  • ICT Victoria
  • John Lenders
  • Victorian Budget