Estimate $m | Actual $m | Variance $m | Variance Factor | Explanation |
|
|
| The Project has underspent by $15.9m against the 2010-11 Pre-ERC exercise. The reasons behind the underspend were identified from the outset during the 2010-11 Budget Estimates exercise as strategic opportunities and a high risk of non achievement due to government restrictions on project funding outside of Ship 1 approval. | |
| Overseas Industry | |||
| Local Industry | |||
| Brought Forward | |||
| Cost Savings | |||
| FOREX Variation | |||
(15.9) | Commonwealth Delays | |||
73.8 | 57.9 | (15.9) | Total Variance |