A glossary of big spenders

Mathias Cormann

Feb 15, 2016

Despite being the mastermind behind some of the most callous Budget cuts in recent history, Finance Minister Mathias Cormann doesn’t hesitate to spend lavishly on his own events.

He spent more than $50,000 on two press conferences to announce the Medibank Private sell-off.

Cormann authorised the ACCC’s networking conference in 2014, where taxpayers footed the bill for around $50,000 worth of cocktails and canapes, $32,000 for a Sydney Harbour cruise and $263,000 for meeting facilities in a plush hotel.