Very interesting Australia. Who's accountable ?
NBN Australia
Initial Budget: $29 billion
Final Cost: $51 billion
Nuclear Submarine Program (AUKUS)
Initial Estimate: $50 billion (for the now-canceled French submarine deal)
Revised Estimate: Up to $368 billion by 2055 for the nuclear-powered submarines under AUKUS
Snowy Hydro 2.0
Initial Budget: $2 billion
Revised Cost: Over $12 billion
WestConnex (Sydney Motorway Project)
Initial Estimate: $10 billion
Final Cost: Approximately $17 billion
Queensland's Cross River Rail
Initial Budget: $5.4 billion
Revised Estimate: Over $13 billion
NDIS (National Disability Insurance Scheme)
Initial Estimate: $8 billion per year at maturity (as per early projections)
Current Cost: Projected to reach $61 billion per year by 2027, with some estimates suggesting costs could exceed $125 billion annually by 2034
$125 billion is 7.18% of ALL AUSTRALIAN M1 MONEY SUPPLY since the birth of modern Australia over 150 years.