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ANU approved $250m cost-cutting plan without clear evidence, report finds
ANU council approved $250m of savings 'without clear evidence it was needed', report finds Thu 4 Jun 2026 at 7:45pm In short: A new report has found ANU approved its $250 million Renew ANU program without a clear understanding of its need, risks or likely impacts. The report recommended the university improve financial reporting and seek independent advice prior to making some financial decisions. ANU says it will implement all the recommendations in the report.
Snowy 2.0 blows out by more than $3m a day. Will it ever be worth it?
Billions over budget and years late, how Snowy 2.0 got here Wed 3 Jun 2026 at 5:29am Deep under the Snowy Mountains, tunnelling machines have pierced through a key stretch of rock, edging Australia's most expensive energy project one step closer to completion. The way is now cleared for work to begin on the Snowy 2.0 power station itself. But questions remain about whether it will ever justify its cost.
Bullock says RBA will re-tender KPMG whistleblower hotline contract amid scandals
KPMG audits the RBA and runs its whistleblower hotline but maybe not for much longer Fri 5 Jun 2026 at 5:00am In short: The Reserve Bank will re-tender its whistleblower hotline service contract after KPMG has been caught up in a swirl of scandals. Governor Michele Bullock says KPMG, engaged by the Australian National Audit Office, audits the bank's financial statements. The Greens have called on the federal government to ban KPMG from all government contracting work.