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

Defence’s 2018–19 Financial Statements identified that Defence had $7.2 billion in inventories (an increase of almost $0.3 billion since 30 June 2018). Defence holds inventory for its own use and does not ordinarily hold inventory for sale.