Labor dumps attempt to modernise business records after $2bn budget blowout

  • 📰 GuardianAus
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 98%

United States News News

United States United States Latest News,United States United States Headlines

Assistant treasurer Stephen Jones blames ‘failure of planning and oversight’ by previous Coalition government

Number holders, and to minimise fraud and business misconduct, including registration of fictitious characters as office-holders on the companies register.

Other causes of the cost blowout included the significantly greater than planned use of contractors and the Coalition government’s decisions to expand the scope of the program before it was delivered. “Based on the current scope and approach, the [program] would require additional investment between $1.8bn and $2.2bn, increasing the total cost to approximately $2.8bn, or more than five times the original estimate,” the review said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in US

United States United States Latest News, United States United States Headlines