The objective of this audit is to assess whether the Commonwealth Scientific and Industrial Research Organisation (CSIRO) designed and is implementing its property investment strategy in a way that is delivering the intended benefits, and how any lessons learned are being reflected in a new strategy that is being developed.

Audit criteria

The ANAO proposes to examine whether CSIRO:

  • is on track to reduce the organisation’s property footprint by 20 per cent, and eliminate the forecast annual increase in property operating costs, compared with 2012–13 levels;
  • established effective governance arrangements to support the implementation of its 2012 Property Investment Strategy;
  • is appropriately informing the development of a new property strategy through analysis and review of the implementation of the 2012 Strategy, and the results that have been achieved.