Vic govt bet on commercialisation based on ‘inaccurate’ advice

The state enterprise in charge of Victoria’s rail infrastructure misled the government while convincing it to invest $82.5 million into commercialising unproven technology in partnership with Xerox, according to a scathing audit. The startup venture, known as Eloque, flamed out last year with a total cost to taxpayers of more than $20 million and multiple…

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