Ernst and Young Defend Consultancy Work on Cancelled Commonwealth Games

Ernst and Young Defend Consultancy Work on Cancelled Commonwealth Games
Commonwealth Games Australia CEO Craig Phillips speaks to media during a press conference in Melbourne, Australia, on July 18, 2023. AAP Image/James Ross
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Ernst & Young partners have defended their consultancy work on the cost estimates for the 2026 Commonwealth Games but declined to provide sufficient information on the blowout, which led to the cancellation of the 12-day sporting event.

“We stand by the work we did,” Dean Yates, a partner at EY, told a Senate inquiry in Melbourne on Aug. 28. The response comes amid criticisms from senators against Mr. Yates and another E&Y partner Leigh Walker for refusing to disclose what led to the cost blowout and how much they received in payment for the cost analysis they provided, citing confidentiality terms.

Celene Ignacio
Celene Ignacio
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Celene Ignacio is a reporter based in Sydney, Australia. She previously worked as a reporter for S&P Global, BusinessWorld Philippines, and The Manila Times.
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