‘Significant deficiencies’: Auditor slams Snowy governance failures

Auditor-general slams management of Snowy 2.0 as more delays loom and project costs blow out

Snowy 2.0 costs exploded from $2B (2017) to $20B, with a 262-day delay slipping completion to Sep 2029; auditors cite contractor control failures and absent baseline governance structures. The audit exposes a governance antipattern—unimplemented quality controls, weak cost-to-complete tracking, and opacity to stakeholders—that scales to software megaprojects; a model CTO-led teams must prevent.