Carrying out a complete forensic and efficiency review of Defence Housing Australia
KordaMentha was engaged by the Shareholder Departments to conduct a forensic and efficiency review of Defence Housing Australia (DHA). The scope of our review required us to consider options and provide recommendations in relation to company strategy and structure, performance and financials, forecasting financial performance and risk management.
Related Services
ForensicRelated Industries
Defence & National SecurityDefence Housing Australia (DHA) is a Commonwealth Government Business Enterprise managing over $10 billion in housing assets, providing accommodation for around 18,000 Australian Defence Force members and their families.
We were engaged by the Shareholder Departments to conduct a forensic and efficiency review of DHA’s operations and financials.
Defence Housing Australia (‘DHA’) is a Commonwealth Government Business Enterprise which manages in excess of $10 billion of housing related assets, providing quality accommodation for around 18,000 Australian Defence Force members and their families.
KordaMentha was engaged by the Shareholder Departments to conduct a forensic and efficiency review of DHA. DHA provides housing and related property management services to members of the Australian Defence Force throughout Australia.
The engagement’s key objectives were to conduct a forensic and efficiency review of Defence Housing Australia, through the:
- review DHA’s company strategy and structure;
- assessment of historical performance and financial position;
- forecast of financial performance;
- evaluation of the risk management framework.
How we helped
Our role
Our approach included:
- Developing and refining the project scope in consultation with Shareholder Departments.
- Conducting in-depth operational and financial analysis through document reviews, workshops, and interviews.
- Identifying key trends, risk areas, and opportunities for improvement.
- Developing detailed recommendations to address immediate and long-term risks and opportunities.
- Reviewing findings with stakeholders and implementing agreed changes and efficiency initiatives.
Outcomes acheived
A complete review of the housing program was undertaken, with governance and oversight frameworks reviewed in detail. The decision was made to adopt a more conservative approach to forecasting and cash management. We assisted DHA in developing a ground up model to provide a forecasting platform to ascertain a revised sales baseline. This tool was utilised to run sensitives against financial forecasts to better understand and manage their liquidity risk.
