Financial reporting within the Transport Cluster continues to improve with reported misstatements down 96 per cent since 2011-12 to just three in 2015-16, according to a report released today by the NSW Auditor-General, Margaret Crawford.

Transport for NSW did not effectively plan and procure the CBD and South East Light Rail (CSELR) project to achieve best value for money according to a report released today by NSW Auditor-General, Margaret Crawford.

Transport for NSW is on track to deliver the project, but it will come at a higher cost with lower benefits than in the approved business case.

Parliamentary reference - Report number #278 - released 30 November 2016

Overall, the peer review process provides good assurance that government advertising campaigns are necessary and cost effective, according to a report released today by the NSW Auditor-General, Margaret Crawford.

In NSW, the Government Advertising Act 2011 requires government advertising campaigns with a likely expenditure over $50,000 to be independently peer reviewed before launch. The Department of Premier and Cabinet manages this process, which includes allocating and coordinating peer reviewers to assess campaigns against the Premier’s ‘Government Advertising Guidelines’.

Parliamentary reference - Report number #276 - released 27 October 2016

The Audit Office reviewed whether Members of NSW Parliament complied with certain requirements outlined in the Parliamentary Remuneration Tribunal’s Determination for the year ended 30 June 2015.

The review was designed to provide Parliament with limited assurance about whether a sample of 34 Members complied with the Tribunal’s Determination. The review performed was less than a full audit and not designed to detect all instances of non-compliance.

All agencies in transport cluster received unqualified audit opinions for the year ended 30 June 2014. The quality of financial reporting continues to improve with the number of misstatements identified during audits falling for the fifth year in a row.

All agencies in the NSW Premier and Cabinet cluster received unqualified audit opinions for the year ended 30 June 2014. Overall financial reporting has improved. Agencies submitted their financial statements earlier than last year and for the third year in a row there has been a reduction in the number of misstatements identified during audits.

New South Wales Members of Parliament, when spending their additional entitlements, substantially complied with the Parliamentary Remuneration Tribunal’s Determination for the year-ended 30 June 2013.

Today the Auditor-General of New South Wales, Grant Hehir, released his Volume One Report to Parliament for 2014. The observations included in this report are designed to inform readers of common findings from the 2013 financial and performance audits so agencies and audit committees can use them to identify issues that may be relevant to their organisations.

A NSW Auditor General’s Report has found that the NSW Government and its agencies grossly underestimated the cost and number of people that would install systems under the Solar Bonus Scheme.

By October 2010, the estimated cost of the Scheme, if it continued the way it was going, would have reached $3.988 billion. More than ten times the original estimate of $362 million. In response to the increased cost, the gross tariff for new applicants was reduced from 60 to 20 cents reducing the estimated cost to $1.954 billion.

It was a statutory requirement that when 50 mega watts of installed capacity was reached, the Government would review the Scheme. By the time the review was completed the installed capacity had reached 101 mega watts.