The 40-year-old mainframe behind Australia’s social security system now costs $126 million a year just to operate and support, and some of its supporting funding is running dry despite the “extreme” consequences of going offline.
InnovationAus.com can reveal the eyewatering annual cost to keep the legacy tech, known as the Income Security Integrated System (ISIS), online and the scramble to mitigate risks after a failed replacement program.
Internal documents show …
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