This audit would examine the efficiency and economy of the Department of Defence's management of its inventory of explosive ordnance, including forward provisioning, monitoring of stock levels and location, and the timely and safe management of ageing stock.

The management of explosive ordnance carries capability, safety, security, reputational and environmental risks across all stages of the explosive ordnance life cycle. Defence's 2019–20 financial statements identified that Defence had $7.4 billion in total inventories (an increase of over $300 million since 30 June 2019). Defence holds inventory for its own use and does not ordinarily hold inventory for sale.

This audit would assess the effectiveness of NBN Co Limited's (NBN Co.'s) strategies to manage its transition from building to operating the national broadband network (NBN). While NBN Co will continue to have a build commitment for new developments and complex connections, construction of the NBN 'volume rollout' was scheduled for completion by June 2020, followed by a further 18 months for completing the migration from previous infrastructure to the NBN. The transition of NBN Co's operating model from network construction to one focusing on ongoing network operations was identified as a key risk in the NBN Co's Corporate Plan 2020–2023. The audit would examine the extent to which NBN Co has established and implemented measures to address this risk.