Northern Territory Govt Dumps Troubled Asset Management System, $70m Down The Drain

Paris Cowan at ITNews.com.au:

The Northern Territory government has decided to cut its losses and forfeit the $70 million already spent on a whole-of-government asset management system, after an external review found it would cost another $120 million to complete.

Speaking in parliament this morning, Minister for Information Services and Liberal MP David Tollner said the territory “might as well have piled the cash up on the steps of parliament house and set it alight”.

Whole-of-government IT systems. Not even once.