The audit objective would be to assess whether the award of funding under the Disaster Ready Fund (DRF) was effective.

Established by the Disaster Ready Fund Act 2019, up to $1 billion has been announced as available over five years from 1 July 2023 to 30 June 2028 to fund projects in partnership with Australian state, territory and local governments to manage the impacts of disasters caused by climate change and other natural hazards. The DRF is the Australian Government’s flagship disaster resilience and risk reduction initiative with applications under the first $200 million round closing in March 2023.

Work program portfolio

This potential Performance audit is featured in 1 annual audit work program portfolio: