An audit into the Snowy 2.0 project in the NSW Snowy Mountains has found there are still issues with the way the project has been managed, despite a reset in 2023. The audit made five recommendations, ...

The federal government’s much-vaunted Snowy Hydro expansion is supposed to smooth out the bumps in electricity supply as Australia transitions to renewables. But not only is the project a bad deal for ...

Webuild marked its Australian performance as “fantastic” in April, with the company booking €4bn ($6.5bn) of local revenue last year alone, with the nation now a close second for income behind Italy.

Snowy Hydro, owned by the Commonwealth, has been loaned $4.35bn by the government over the next two financial years, split between $1.45bn in 2025-26 and that amount then doubled to $2.9bn in 2026-27, ...

The $12 billion Snowy 2.0 scheme will cop further cost and timeline blowouts, auditors say, but the project has been beset with management failures and the government-owned corporation delivering the ...