Finance launches investigation into ERP software costs

By Julian Bajkowski The Department of Finance has put some of the world’s biggest business software companies on notice that their lucrative contracts will soon be the subject to a sweeping review as the federal government seeks to extract better value from so-called enterprise resource management (ERP) systems. Just a week after the election of […]

Rudd taps software vendor profits to extract carbon scheme savings

By Julian Bajkowski Prime Minister Kevin Rudd has thrown down the gauntlet to Commonwealth Public Service executives to start extracting much greater efficiency and productivity gains from technology and software or face the prospect of hundreds of upper-level forced redundancies. Mr Rudd and Treasurer Chris Bowen on Tuesday revealed well-anticipated expenditure reduction measures aimed at […]

Councils to sue Standard & Poors in new action

By Julian Bajkowski Australian councils burned by toxic investments in collateralised debt obligations (CDOs) from collapsed bank Lehman Bros. have escalated their legal action and will try and rope-in ratings agency Standard & Poors in their bid to recover losses of around $200 million. Litigation funder IMF said on Tuesday afternoon that it will file […]

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