The national audit office has flagged a potential review of the federal government’s use of specialist investment vehicles in the wake of its controversial deal with Californian quantum startup PsiQuantum.
Auditor-General Rona Mellor agreed to consider the audit over the next 12 months after the PsiQuantum investment was referred to the Australian National Audit Office by the federal opposition.
Shadow science minister Paul Fletcher wrote to Ms Mellor requesting the investigation late last month, arguing that “serious questions” remained unanswered about the investment and the process that led to it.
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