Jun 9, 2026 – 5.41pmThe boss of the federal government’s $1 trillion debt office admits its workforce skills can be improved to prepare for the next financial crisis, after an independent review raised concerns about its capacity due to an exodus of senior officials who were axed.Australian Office of Financial Management chief executive Anna Hughes said the debt agency was planning “fire drills” with Treasury and the Reserve Bank of Australia to practise for the next market crisis.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles