Defence Major Projects Report inquiry

PARLIAMENT'S Audit Committee has opened an inquiry into the reporting of major defence acquisitions, following the recent tabling of the Defence Major Projects Report (MPR)2014-15.

Committee Chair, the Hon Mr Ian Macfarlane MP, said that major Defence equipment acquisitions remain the subject of considerable parliamentary and public interest, in view of their high cost, contribution to national security and the challenges involved in completing them within budget, on time and to the required level of capability.

“This is the eighth MPR produced by the Australian National Audit Office and Defence and the Committee remains committed to seeing that, when it comes to Defence procurement, Australian tax-payers money is being spent wisely.” Mr Macfarlane said.

“The JCPAA’s on-going work has been very important in the MPR’s development.  Our efforts focus on increasing the transparency of defence procurement information, which contributes to greater efficiencies in current and future Defence acquisitions.”

Interested persons and organisations are invited to make submissions to the Committee’s inquiry by Friday, 11 March 2016.  Further information about the Committee’s inquiry, including details on how to lodge a submission, are available on the Committee’s website at: www.aph.gov.au/jcpaa.

A public hearing is scheduled for 17 March 2016.

ENDS

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