NSW government boosts funding to ICAC

Advertisement

Prime Minister Scott Morrison recently attracted criticism for describing ICAC as a “kangaroo court” that had “destroyed people’s reputations and careers before it’s even made a finding” and could turn Australia into a “public autocracy”.

The NSW government has defied these criticisms and will provide the Independent Commission Against Corruption (ICAC) with increased funding in the upcoming state Budget. Premier Dominic Perrottet says the new funding arrangements were made following meeting with the heads of the state’s key integrity bodies, which include ICAC, the Auditor-General and the Electoral Commission:

Perrottet indicated the Icac would receive a funding boost in next month’s budget, saying the changes would “better reflect current and future resourcing needs”. He also committed to a “re-baselining” of the agency’s budget in 2023.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.