Rudd government's huge BER waste

It was suspected that a large sum of the BER money was wasted after some cases were reported.

Now The Australians reports about $5 billion of the dozen billions of the BER was wasted. See:

http://www.theaustralian.com.au/news/nation/ber-raises-the-bar-on-cash-waste/story-e6frg6nf-1225872744237

To quote: "THE $16.2 billion schools stimulus scheme is set to become the biggest single waste of money in the nation's history, with about $5bn to be wasted in overcharging, needless bureaucratic costs, pointless over-design of buildings and fee gouging by managing contractors.

The Weekend Australian has found there is a systemic problem with the cost of buildings provided to public schools, with most paying double -- in some cases up to 10 times -- what they should be for buildings. Of the $11.27bn handed to the state governments to deliver schools to public buildings, about $5bn has been wasted, when compared to construction rates achieved by Catholic and private schools and industry benchmarks."


This has been a hallmark of Rudd government's budget management and program delivery.

It seems to be bordering on economic crime to a very high order.