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Home News NSW the low-risk state, Victorian election boosts instability
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TAGS State, risk management
New South Wales has been judged to have the lowest political risk in Australia, while a looming election has blown out government stability in Victoria.
The public sector is too risk-averse, it’s often said. And no state quite like New South Wales.
In its quarterly assessment of government risk, research and advisory firm Political Risk says that’s a good thing. NSW has the lowest risk score thanks to an improving budget position — despite the ructions at Macquarie Street which have seen ex-premier Barry O’Farrell and other MPs caught up in corruption scandals.
Political Risk says its matrix of measurements — across budget, policy, stability and reputational risk — “allows observers to assess political risk across a number of categories for each state and relative to other states”:
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The Mandarin is where Australia's public sector leaders discuss their work and the issues faced within modern bureaucracy. Join today to discover the latest in public administration thinking and news from our dedicated reporters, current and former agency heads and senior executives.
Jason Whittaker is managing editor of The Mandarin based in Melbourne. He has written for and edited political, business and culture publications for a decade. He spent two years as editor of sister Private Media publication Crikey.
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