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The cover-up of a ‘financial mirage’ that has inflated the NSW budget and may put rail safety at risk
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The NSW government has attempted to cover up how it artificially inflated the state’s budgets by tens of billions of dollars after it shifted the rail network’s costs onto a corporation that still hasn’t been able to properly operate six years after it was launched.
A trove of highly confidential documents and testimony of whistleblowers reveals NSW Treasury pressured accounting giant KPMG to delete or amend aspects of a report commissioned by Transport for NSW that found the plan could end up costing the state’s coffers more than it saved.
Glenbrook
New-south-wales
Australia
Sydney
Australian
Margaret-crawford
Andrew-constance
Brendan-lyon
Tony-harris
David-heathcote
Michael-daley
Heather-watson