$444m reef grant to cost taxpayers extra $11m, says Labor MP

Chris Bowen says it ‘defies logic’ that the grant was awarded without a competitive tender process

The transfer of $443.8m to the Great Barrier Reef Foundation will cost taxpayers another $11m in public debt interest, Labor’s treasury spokesman Chris Bowen says.

Bowen has questioned what oversight Treasury and the Department of Finance had of the decision to award such a large amount of funding to the small charity in one instalment.

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from The Guardian https://ift.tt/2MP5I4Z
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