Victorian government departments and agencies charge fees for services and regulatory purposes, including licensing and registering certain activities, and fines for improper conduct and to discourage unlawful behaviour.

Fees and fines are officially set and revised by legislation relevant to their application.

The Pricing for Value Guide is intended to improve consistency and capability in price-setting across government. It updates pricing principles to align with current best practice and provides practical step-by-step guidance for undertaking pricing reviews, allowing entities to innovate and better serve the community. Entities should use sections of the guide that are most relevant to their needs.

The guide will help departments and agencies use pricing to recover the costs of regulating and delivering services, and as a tool to support policy objectives. It will help entities identify opportunities to reform their fees and charges, to increase cost recovery, achieve sustainable funding, reduce costs, improve user experience and service quality, improve equity, increase administrative simplicity etc.

The Pricing for Value Guide replaces the Cost Recovery Guidelines issued on 1 July 2021.

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