AWM build on time & on budget

Ian Bushnell, Memorial build on budget, on schedule and winning friends, Riotact, 19 February 2025

Australian War Memorial director Matt Anderson under the Oculus. “Canberrans should be proud. Australians should be proud.” Photo: Ian Bushnell.

The Australian War Memorial won’t be asking for money to complete its massive redevelopment, saying the contractors will need to finish it within the current $550 million funding envelope.

AWM Director Matt Anderson said the memorial received an extra $50 million in 2021-22 when construction costs were going through the roof, but once the contracts were signed, risk transfer clauses meant it was up to the builder to stay on budget.

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