A more independent watchdog is better

Comments on Sid Maher and Joe Kelly “Tony Abbott pledges watchdog to prevent waste of taxpayers' funds”, 12/08/2010, http://www.theaustralian.com.au/national-affairs/tony-abbott-pledges-watchdog-to-prevent-waste-of-taxpayers-funds/story-fn59niix-1225904249141
It is a good idea, though it is announced in the heat of an election campaign.

It is in the right direction and can be improved.

A better one is to have a unit under the control of the parliament, as compared to one under the PMC department.

If it is under the control of the parliament, it will be more independent from the government of the day, and be much more transparent and accessible.

Of course, it should be effective and not be used politically by any parties.

It should work in the interests of the nation and taxpayers.

Hope Mr Abbott will keep his promise to be a government responsible and accountable for taxpayers' money, if elected as PM.