So many large Australian institutions have been captured by consultants, snake oil peddelers and grifters, all with their hands in the jar. It’s embarrassing.
Time and time again, Australian non-tech companies cut technology jobs to cost cut.
Anyone competent looking to build a long term career working in the corporate sector either moves to sales/marketing. Or, these days, moves to Atlassian/Canva.
Over a rolling 20 year period, the process self selects for the least able.
The IQ at the "Head of Engineering" level in Australian non-tech is minuscule. Selection bias.
Most of them don't have CTOs, they have CIOs who report to an accountant in the C-suite.
All the offshoring and outsourcing (and cultural disdain for technical people) means they can no longer tell the difference between charlatans and good tech leaders. But the good people know how to avoid them.