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ARTICLE · 07 SEPTEMBER 2011

Management of Procurement and Contract Fraud

Discusses coming to terms with current and future risks in procurement and contract fraud.

AustraliaAccounting and Audit

By Graham Newton, Partner - Forensic

Coming to terms with current and future risks

Australia is currently experiencing resurgence in the resources sector and continued growth in major projects and infrastructure investment. While Australia's last resources boom was built on coal exports, this time around our economy is boosted significantly by the a number of coal seam gas (CSG) to liquefied natural gas (LNG) operations on both the east and west coasts.

A surging export coal seam gas market, coupled with the presence of a high-growth LNG industry, has created significant opportunities for various parties to deliver infrastructure support to ensure that ports, rail and all associated infrastructure are in place to provide the necessary support to keep pace with continued demand from economies such as China and India.

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