102. Paid $1.6 billion to house only 115 asylum seekers offshore, at a daily price about 10 times higher than the most expensive room at Sydney's Four Seasons Hotel, through a closed tender. The company's parent company is coincidentally a Liberal party donor. The company had no assets and no other revenue, worth only $8 at the time. Despite this risk, the government chose this company anyway, without conducting due diligence checks on their financial health. The government eventually paid KPMG to do due diligence checks, but on the wrong company.
