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The watchdog in charge of keeping the government accountable for its use of taxpayer money says his budget has fallen so much, some agencies might only face scrutiny once every 20 years and auditors are tolerating âuncomfortableâ risks in financial statements.
Auditor-General Grant Hehir says budget pressures have left him with no choice but cut audits, which he says contribute to a better performing public sector.
Credit:Alex Ellinghausen
The cut will bring down the number of audits by a quarter, from a historical average of 48 a year to 36, the lowest number this century, bar 2016 when the double dissolution of Parliament meant fewer sitting weeks to deliver his reports.
Auditor-General warns budget cuts will mean reduction in audits like ones that led to sports rorts , Leppington Triangle abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.