World first Financial Provisioning Scheme
Video discussion: world first Financial Provisioning Scheme and it’s $11b of liability exposure
Peter Fox, Manager of Operations, Queensland Treasury, and Dan Cooke, MD of Procensol Australia, discuss the Queensland Government’s innovative Financial Provisioning Scheme.
Peter and Dan cover four topics:
- What is the Financial Provisioning Scheme, and what makes it a world first?
- What were some of the challenges facing the team in implementing the scheme?
- How were these challenges overcome?
- What were the results?
With relevance to multiple public sector agencies, the discussion presents valuable insights from the perspective of the people tasked with making the scheme a success.