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My Rankings / Defence Portfolio ·Ranked #21

Department of Defence

C
Average
Annual Budget
$55.0B
Estimated Waste
$19.4B
ROI Grade
C — Average
Staff
90,000
Fiscal Year
2025-26
I tracked $55.0B/yr in spending by Department of Defence. Here's what the data shows. ROI Grade: C.
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What I found on this entity

$55B department. ANAO Major Projects Report documents chronic schedule and cost overruns across the portfolio. $5.5B in project cost increases in 2023–24 alone.

Annual Budget
$55.0B
Prior year: $50.0B (+10%)
Headcount
90,000 staff
$611K per employee
Budget Trend
↑ Budget Growing
Portfolio
Defence
Performance Targets vs Actuals
Target
90% of major capability projects on schedule
Actual
67% of major capability projects on schedule (ANAO Major Projects Report 2024)
Source: ANAO Major Projects Report 2023–24. Defence budget growing to meet 2% GDP commitment.
My Findings & Evidence 3 findings
AusTender 10 Sept 2024
$2.0B wasted
$2.03B in Defence contracts awarded via limited tender — minimal competition
Three major Defence contracts worth a combined $2.03 billion were awarded through limited tender, meaning little or no open competition for your money. CPB Contractors picked up $1.54 billion across two infrastructure projects alone, while Thales Australia received $487 million for vehicle fleet logistics — all without a full competitive process. With a third of major capability projects already running behind schedule, this lack of competitive pressure raises serious questions about value for taxpayers.
AusTender — Defence Limited Tender Contracts ↗
ANAO 10 Sept 2024
$1.8B wasted
$1.8B in ICT contract cost blowouts — your money, Defence's mismanagement
An ANAO audit found Defence's major ICT contracts blew out by an average of 47%, costing taxpayers an extra $1.8 billion above the original contract values. Across the 12 contracts examined — worth $5.6 billion in total — not one had adequate cost controls in place. That's $1.8 billion of your taxes burned through sheer poor contract management.
ANAO: Management of ICT Contracts in Defence (2024) ↗
AusTender 1 July 2023
$22M wasted
$54M consulting blowout — 69% over budget, Big 4 firm
Defence paid PricewaterhouseCoopers $54.2 million for LAND 121 Phase 3B logistics support — 69% above the $32 million budgeted. Limited tender procurement. Big 4 firm. No explanation for why the final cost was nearly double the original estimate. Your defence dollar. In PwC fee schedule.
AusTender CN-3945801 ↗
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My Published Investigations 9 investigations
ABUSE $8.4B
BAE Systems Donated $288K to Labor and Liberal — Landed $8.37B in Defence Contracts, Including a $1.89B Direct-Source Frigate Deal Referred to the Anti-Corruption Commission
Read full investigation →
WASTE $5.5B
Australia's biggest defence projects blew out by $5.5 billion — just from exchange rate movements
Read full investigation →
ABUSE $4.4B
Boeing Donated $335K to Labor and Liberal — Collected $4.43B in Defence Contracts, Every Single One Through Direct Sourcing or Limited Tender
Read full investigation →
ABUSE $3.1B
CIMIC Donated $540K to Labor, Liberal and Nationals — Collected $3.1B in Government Construction, 41% Without Open Tender
Read full investigation →
WASTE $2.7B
$2.7 billion gap: Australia's navy ships suffering 'catastrophic failures'
Read full investigation →
ABUSE $2.2B
Thales Australia Donated $195K to Labor and Liberal — Landed $2.2B in Defence Contracts Through Restricted Tender
Read full investigation →
WASTE $1.8B
Defence blew $1.8 billion over budget on IT projects — and they still don't work properly
Read full investigation →
ABUSE $1.2B
A $1.2 billion no-bid munitions deal — and the defence official who handed it out was accepting champagne from the winner
Read full investigation →
WASTE $22M
PricewaterhouseCoopers charged Defence $54 million for HR consulting — $22 million more than agreed, no rebid
Read full investigation →
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