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3.3.4 Compliance reviews

3.3.4.1Compliance reviews are nationally coordinated exercises targeting assessment of high-risk characteristics. For example, assets tested cases or assessments with real estate that has not been valued for many years. In the 2003-04 Budget, the Federal Government announced funding for an Enhanced Compliance Program to be implemented from April 2004. It is estimated that 10,000 reviews will be conducted each year through the Departmental Review System, which will semi-automate review processes for form generation and provide improved monitoring and reporting. The reviews will be comprehensive in updating all personal, residential and financial information.