Our business registries are critical infrastructure. Modernising them is essential.
The previous government hid a $1 billion cost blowout to the Modernising Business Register program and left it to languish.
By contrast, the Albanese government is prioritising completion of this critical program, transparently and responsibly.
Today we are announcing an independent review of the MBR program.
It will deliver a comprehensive understanding of the current state of the program and provide recommendations for changes, improvements and strategies to best position it to achieve its intended objectives.
The proposed terms of reference are attached.
Terms of reference
The review of the MBR program is designed to ensure investment in this core national economic infrastructure is delivered within a reasonable timeframe and budget.
The review will provide a comprehensive understanding of the current state of the program by:
- assessing the expenditure to date including drivers contributing to cost increases
- measuring what has been delivered, and work remaining to achieve the objectives of the program
- identifying key aspects that present significant risks, including to the successful delivery of the program's objectives, cost and delivery schedule
- validating current estimated costs and underlying assumptions
- evaluating governance and management practices.
It will provide recommendations on how to best position the program to achieve its intended objectives, including:
- improvements or changes to information technology solutions
- improvements or alternative approaches to design and delivery that will reduce cost, accelerate delivery and/or improve governance and management of the program
- strategies to mitigate significant risks to the successful delivery of the program's objectives, cost and delivery schedule.
