Tag: Finance

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NSW, Qld to revive eConveyancing reforms

The Queensland and New South Wales governments will try and revive competition reforms in electronic conveyancing after the industry body leading interoperability efforts halted its program late last month....

$74 million PEMS project to drag on for another two years

Posted on   |  by Joseph Brookes
Parliament’s expense software upgrade will need another two years to deliver core functionalities and enhancements, as outside auditors encounter the project’s complexities that have resulted in cost blowouts and...

Govt rejects call for independent procurement authority

Posted on   |  by Joseph Brookes
An independent review of Commonwealth procurement calling for “profound” changes has received a tepid response from the Albanese government, which knocked back the key recommendations to make its Future...

Finance finds the limits of SAP

Posted on   |  by Joseph Brookes
Capital costs for parliament’s expense management software have more than doubled from initial budget to $60 million, with officials on Wednesday acknowledging a gross underestimation of just how complex...

Panels panacea rushing for 2025 launch

Posted on   |  by Joseph Brookes
Two embarrassing leaks of consultants’ pricing rates has accelerated reforms to the federal government’s procurement system, with a new all-in-one solution to handle agencies’ panel buying now expected next...

Ivan Power named inaugural NRF chief executive

Posted on   |  by Brandon How
Former Macquarie Group executive Ivan Power has been named the inaugural chief executive of the National Reconstruction Fund Corporation. Mr Power, who has nearly 25 years’ experience in finance,...

Parliament’s expenses system undercooked and overbudget

Posted on   |  by Joseph Brookes
Federal Parliament’s troubled expense management software upgrade suffered from a lack of user planning and governance gaps, according to an audit that confirms the unfinished project’s budget and timeline...

First transaction between eConveyancers lands

Posted on   |  by Brandon How
Australian ministers have welcomed the first transaction between eConveyancing service providers, which paves the way for greater competition and full compatibility between their networks by the end of 2025....

Rewiring the Nation: $3b lined up for WA grid transformation

Posted on   |  by Brandon How
The federal government has committed $3 billion in funding to private sector electricity transmission projects in Western Australia to support the roll-out of renewable energy programs. The concessional loans...