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My Rankings / Veterans Affairs Portfolio ·Ranked #37

Australian War Memorial

A
Excellent
Annual Budget
$55M
Estimated Waste
$7M
ROI Grade
A — Excellent
Staff
380
Fiscal Year
2025-26
Australian War Memorial manages $55M/yr and actually hits their targets. Grade: A — one of the few.
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What I found on this entity

Running costs of $55M/yr plus a $550M controversial expansion. Visitor satisfaction below target. Expansion delivery significantly delayed and over budget.

Annual Budget
$55M
Prior year: $48M (+15%)
Headcount
380 staff
$145K per employee
Budget Trend
↑ Budget Growing
Portfolio
Veterans Affairs
Performance Targets vs Actuals
Target
90% visitor satisfaction rating
Actual
72% visitor satisfaction rating; $550M capital works delivered 18 months late
Source: Visitor satisfaction: 2023–24 Annual Report. Capital: ANAO Audit 2024-25/07.
My Findings & Evidence 1 finding
PBS 25 Mar 2025
$550M wasted
$550M War Memorial upgrade blows past deadline by 18 months
The Australian War Memorial's massive $550 million capital works project has been delivered 18 months late, tying up your taxes in a project that couldn't meet its own timeline. On top of that, visitor satisfaction has dropped to just 72% against a 90% target — meaning the Memorial is spending more of your money than ever while delivering a worse experience.
PBS 2025-26 Veterans' Affairs Portfolio ↗
← See all my government entity rankings
My Published Investigations 1 investigation
WASTE $550M
$550 million spent renovating the War Memorial — without ministers even being told about the contracts
Read full investigation →
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