Australia Seeks to Curb Defence Spending

Australia announced changes to the way it manages defence project delivery, aiming to curb billions of dollars in cost overruns and lengthy delays.

Reforms Announced

The government will establish a special agency to oversee defence project delivery, overhaul the way project costs are assessed, and streamline decision-making by cutting bureaucracy.

Pat Conroy, minister for defence industry, described the department’s systems as “broken” and said an internal review found the average cost of defence projects increased by 38%, or A$29 billion ($19.97 billion), from project conception to government decision.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.

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