The AWU Scandal - Question Time Today
Julie Bishop in parliament today

From Dr John Lourens, FCPA - update on the $$$ value of the fraud in today's terms

I received this note today from Dr John Lourens today as a blog comment - and I thought I'd put it up as a stand-alone piece.

JohnL said:                           
                                Margaret Gallin - using the dollar amounts in my recent "Synopsis" document, and depending on what assumptions you make, I estimate that in 2012 dollar terms, the value of the AWU fraud is somewhere between $1.38 million and $1.56 million.