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Home 2. Politics 3. Dileepa Fonseka REVIEW OF 'OUT OF CONTROL' FOREIGN MINISTRY IT PROJECT SET TO BE RELEASED Dileepa Fonseka Tue, 07 May 2024 Share Copy link Facebook Twitter Linkedin Email 0 Comments / 0 New Installing Windows and Teams is proving an expensive exercise. (Image: Microsoft) A PwC report will be released this week on a major Ministry of Foreign Affairs and Trade (Mfat) information technology project that industry sources say is “out of control” and the ministry acknowledges has more than doubled in cost.However, the final released report will likely differ from a controversial draft version that BusinessDesk understands levelled many criticisms around governance and cost-tracking on the project.The department has already acknowledged the budget for the project has blown out from $13.5 million when it wa... 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We will remind you three times before charging you. All subscriptions auto renew but are easy to cancel. I Accept The Terms Of Service Gain Access Or use the information you’ve already given Google to create your subscription. Not convinced yet? Subscribe to our free 7am Headlines newsletter. A quick summary of everything BusinessDesk has published in the previous 24 hours. No BusinessDesk subscription needed. Economy ANZ INCREASES CASH PROFIT AS NET INTEREST MARGINS GET SQUEEZED ANZ New Zealand has reported a 4% increase in its half-yearly profit despite pressure squeezing its margins.The bank's cash profit increased to $1.15 billion in the six months to March, up from $1.1b in the same period last year, but stable compared to the second half of its... Riley Kennedy 10:50am 0 Law & Regulation COMCOM APPROVES ONE NZ ACQUISITION OF DENSE AIR The telco will increase its spectrum holdings to match competitor Spark's. Ben Moore 10:35am 0 Primary Sector NZ EXPORTERS SALIVATING AT POSSIBLE UAE TRADE DEAL The United Arab Emirates is already an important market for NZ dairy and meat exports. Staff reporters 9:45am 0 Sponsored THE BUSINESS REDEFINING SKINCARE Why Kiwibank quickly got behind global beauty brand Emma Lewisham. Kiwibank Sponsored NEXT-GEN CCTV PROTECTING OUR CITIES Fibre connectivity supporting rapidly evolving CCTV advances. Chorus RELATED STORIES POLYTECH MERGER ADDS NEARLY $300M FOR IT UPGRADES The government’s polytechnic mega-merger is seeking an additional $330.2 million to complete the creation of a single national training organisation, $285.9m of which is needed to integrate 35 different software systems into one. According to a commercially sensitive business case accidentally published online before it was taken down yesterday, th Pattrick Smellie 22 Mar 2023 BUDGET ADVISERS WARNED GOVT OF ‘ACHIEVABILITY’ ISSUES The government was warned that many proposed budget initiatives would be difficult to deliver because of capacity constraints that would drive up costs and have flow-on impacts for the private sector. One adviser went as far as saying the construction sector was “maxed out” and recommended the government not try to deliver any new construction proj Jem Traylen 03 Oct 2022 UNPACKING THE BLACK BOX OF IT SPENDING Among the hype of the rapid shift to digital, the scope of the information technology department in a business has broadened dramatically but, in many cases, the approach to the IT budget has not kept up. Many companies still treat IT as an opaque vending machine where money goes in, and transformation comes out. With the growth of subscription and Ben Moore 01 Jun 2022 IRD BUSINESS TRANSFORMATION PROJECT TO COST UP TO $2.61 BILLION By Paul McBeth July 14 (BusinessDesk) - The Inland Revenue Department's programme to upgrade its ageing IT infrastructure and introduce new processes to make life easier for taxpayers is expected to cost up to $2.61 billion, budget documents show. And while the Crown is expecting benefits worth more than twice that, the Treasury has warned those p Paul McBeth 14 Jul 2016 GOVERNMENT'S REALME FUTURE UP IN THE AIR AS TREASURY QUESTIONS AFFORDABILITY By Paul McBeth Nov. 30 (BusinessDesk) - The government's RealMe project to give every New Zealander one log-in for all online government services is among several dozen major government initiatives attracting extra scrutiny from the Treasury, with recommendations that it be "paused" while an independent review is completed. "The business case curre Paul McBeth 30 Nov 2015 IRD SAYS $1 BLN-PLUS PROJECT TO REPLACE AGEING IT SYSTEM IS RUNNING 15% UNDER BUDGET By Paul McBeth Oct. 14 (BusinessDesk) - The Inland Revenue Department's $1 billion-plus project to replace its ageing information technology infrastructure and update its processes to be more customer focused is running 15 percent under budget, and is expected to be at the lower end of its initial price range. Commissioner Naomi Ferguson told Parli Paul McBeth 13 Oct 2015 -------------------------------------------------------------------------------- MORE POLITICS Economy WILLIS PLEDGES FISCAL DISCIPLINE WITH CAVEATS Budget allowances will be binding unless ... Jem Traylen 5:00am 0 News in Brief NZ AND UAE TO HOLD TRADE DEAL TALKS New Zealand and the United Arab Emirates (UAE) are to begin negotiations on a trade agreement, trade minister Todd McClay said.The announcement came after McClay met with United Arab Emirates (UAE) trade minister Thani bin Ahmed Al Zeyoudi in Dubai.The decision to hold formal tra... Staff reporters 5:00am 0 Economy OECD TELLS NZ TO GET ITS BOOKS IN ORDER The government needs to earn more and spend less. Jem Traylen 06 May 2024 1 Policy GIVING BUREAUCRATIC SLUDGE THE NUDGE We’ve been a little slow to jump on the behavioural bandwagon. 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