As Federal Government IT Stuff-Ups Go, This Is A Biggie!

This popped up last week!Budget cuts needed after $1b blowout in business registry revealedMichael ReadReporterJul 26, 2022 – 6.13pmLabor is warning it will need to make additional budget cuts after uncovering a $1 billion blowout in the Morrison government ’s signature program to consolidate business registries.The revelations come as Treasurer Jim Chalmers prepares todeliver a statement on Thursday that will paint a dire picture of the state of the federal budget, which is forecast to remain in deficitfor the next decade.Financial Services Minister Stephen Jones said the cost of the federal government ’s $480 million program to consolidate 30 separate business registries into one had blown out to more than $1.5 billion.“We’re going to have to look and find new sources of savings or new sources of revenue,” Mr Jones toldThe Australian Financial Review.“We’ve got a set of budget rules, every new dollar spent has got to be offset with one dollar saved somewhere. So unless an exception can be made for this, we have got a set of budget rules that we’re going to comply with,” he said.The tax office has so far awarded Accenture more than $196 million in contracts and extensions for the project, taking the cost of the firm ’s work to more than $70,000 per day over the life of the contracts,InnovationAusreported this month. New Zealand-based firm Foster Moore won a multimillion-dollar federal government contract to provide registry software.Mr Jones accused the...
Source: Australian Health Information Technology - Category: Information Technology Authors: Source Type: blogs