Staff at $1trn debt agency blew whistle to Treasury
As it happened: what you missed from day three of Senate estimates
Lucinda Garbutt-Young
Ray Athwal
Eleanor Campbell
February 11 2026
Top defence officials faced questions about the Albanese government's $3 billion defence estate overhaul during Senate estimates hearings on Wednesday.
The hearings were Greg Moriarty's final appearance as secretaryof the Department of Defence, following his appointment to replace Kevin Rudd as Australia's Ambassador to the US.
Treasury secretary Jenny Wilkinson appeared after the Reserve Bank of Australia's interest rate hike last week, with Coalition senators honing in on concerns about record-high government spending. Bureaucrats were probed on supermarket price gouging changes, capital gains tax discounts and forward estimates.
You can catch up on it all in our blog below.
SENATE ESTIMATES:
Effectively passive’: Future Fund says it didn’t choose to buy its $100m Palantir stake
Purchasing a $100 million stake in the controversial Trump-linked company was done by an external fund manager, a Future Fund representative has told Senate estimates