Within this section



Exotic animal and plant disease outbreaks and pest incursions can have significant economic, community and environmental impacts.


Major flood events have occurred in Victoria every 10 to 20 years, with much of the increasing risk created by human settlement.


Heatwaves are considered to be the ‘silent killer’ of extreme weather events and are the leading cause of weather-related deaths in Australia.

Risks in a Victorian setting

The assurance activities and associated risks provided through our online resource, although largely focused on Victoria, take into account the global setting as well. The listings are not exhaustive, and will be updated quarterly.

Please contact us to request an update to these listings.

Risks in a global setting

The World Economic Forum (WEF) Global Risks Report (External link) tracks global risks perceptions among risk experts and world leaders in business, government, and civil society.

These annual reports provide a good overview of global risk context across five categories: economic, environmental, geopolitical, societal, and technological.

Intergovernmental Panel on Climate Change (IPCC) Assessment Reports (External link) detail contemporary knowledge on climate change, its causes, potential impacts and response.

The reports provide all levels of government with scientific information that they can use to develop climate policies.

The Organisation for Economic Co-operation and Development (External link) (OECD) is an international standard-setting organisation, which conducts independent analysis on various economic, social and environmental challenges. Its reports (External link)enable governments and policy makers to develop evidence-based policies and standards.

Preparing for an ever-changing risk setting

In the ever-changing risk setting we live in today, it is not only important to understand the current risk setting in Victoria, but it is also critical to understand the emerging risks with potential to have substantial and transformative impact across society.

A recent report from the Commonwealth Scientific and Industrial Research Organisation (CSIRO) in Australia identifies seven global megatrends that hold the key to the challenges and opportunities over the next 20 years to 2042.

Understanding and applying these challenges and opportunities in sector activities wherever possible in addition to reflecting on lessons from past events can help the sector to better prepare for, respond to and recover from future emergency events.