Q: How does Malcolm Turnbull turn $2 billion into $10 billion? A: Snowy Hydro 2.0 This month’s White Elephant Award goes to the Snowy Hydro 2.0 project after another reported cost blow out of $2.2 billion dollars, with further delays expected to add
As regards MHR, there must be some persons or organisation within or with influence over Governments who think MHR is a great idea and that MHR will produce massive benefits – and, for $2.5 billion, one must be expecting a lot of benefits. Technology in medicine can offer us a lot but this level of benefit or, frankly, any meaningful level of benefit from MHR is not obvious to me. However, when you have already spent $2.5 billion on a project, it is pretty hard to admit failure. Unquestionably, $2.5 billion could have been far better spent in other areas of technology in medicine.
Scott...white elephants in Commonwealth & State govts ....it is like shooting fish in a barrel.
Maybe you would like to look at this -- the My Health Record....$2.5bn and counting.
Just this year.....$100m to a Big 4 acct firm
https://medicalrepublic.com.au/scales-of-failure-covidsafe-vs-my-health-record/75713
As regards MHR, there must be some persons or organisation within or with influence over Governments who think MHR is a great idea and that MHR will produce massive benefits – and, for $2.5 billion, one must be expecting a lot of benefits. Technology in medicine can offer us a lot but this level of benefit or, frankly, any meaningful level of benefit from MHR is not obvious to me. However, when you have already spent $2.5 billion on a project, it is pretty hard to admit failure. Unquestionably, $2.5 billion could have been far better spent in other areas of technology in medicine.