Page 33 - Risk Report 2024
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IRMSA
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                   RISK REPORT 2024/25
















                Longer-term response to address risk

                                              sustainably



     Risk drivers                         Response strategies                                        Impact


      Political instability, agendas aligned to   Conduct lifestyle audits, track spend on projects, perform   Medium term:
      public spend allocations.            procurement audits, and review political party income     High
                                           disclosures by independent technical experts.



      Non-performing State departments     Fill vacant posts permanently with competent staff. Implement  Medium term:
      and municipalities, poorly skilled,   independent, merit-based senior appointments, multi-year   High
      incapable people in key roles.       program to upskill or replace senior roles to meet standards,
                                           audits, performance contracts, and effective Board oversight.



      Failing infrastructure (electricity,   Publish maintenance and development plans for electricity,   Medium term:
      water, waste, roads, railways,       water, waste, roads, railways, and harbours; analyse gaps   High
      harbours).                           between current capacity and local, regional, and national
                                           needs; implement independent infrastructure PPPs across all
                                           sectors.



      Rampant crime, insufficient police   Create independent Chapter 9 police monitoring authority,   Short term:
      capacity and leadership, delayed     enforce time limits for dockets, track exceptions for     High
      prosecution.                         escalation, reclaim and clean up ‘hijacked’ properties in all
                                           cities/towns, and senior private legal resources to expedite
                                           prosecution.



      Poorly directed development plans    Localise water and waste treatment for informal communities   Medium term:
      (e.g. traditional utility models), health,   and low-cost State housing (roof solar, roof water harvesting,   High
      and education models not localised   underground water storage and septic tanks for housing
      to communities, high digital and     blocks); enhance technology for health and education for
      transport costs.                     low-cost access, mass internet rollout; effectively protect
                                           commuter rail systems. Increase fund allocation health and
                                           education infrastructure (e.g. hospitals, colleges).
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