The Great Barrier Reef Foundation saga

Key dates in the government's controversial $444 million grant to the Great Barrier Reef Foundation.

SAGA OF THE GREAT BARRIER REEF FOUNDATION

March 29 - The expenditure review committee of cabinet reportedly decides to find a commercial partner for its reef plan.

April 9 - The foundation is offered a $444 million grant at a private meeting between managing director Anna Marsden, chair John Schubert, Prime Minister Malcolm Turnbull, Environment Minister Josh Frydenberg and his department secretary Finn Pratt.

April 29 - The government announces the grant - the single largest allocation of federal money to the reef in Australian history - in a press release.

May 8 - $535.8 million across five years is pledged towards protecting and improving the reef in the federal budget.

May 21 - Senate estimates reveal the foundation was given the record grant without having to go through a tender process and revealing how the money would be spent.

May 29 - The Greens call for an inquiry into the funding.

July 30 - The Senate inquiry reveals the April 9 meeting when grant was offered, with Ms Marsden admitting the foundation "did not suggest or make any application" for the money.

August 6 - Labor sets up a petition calling for the money to be returned, as the prime minister insists the grant process was "very thorough". Ms Marsden says the funding was a complete surprise and claims the foundation has raised $90 million since it was created in 2000.

August 7 - Labor's Kristina Keneally says the money essentially makes the foundation a grant-making body, so other organisations including the CSIRO and the Marine Park Authority will have to apply to it for funding

August 8 - Labor's Tony Burke says the foundation's annual reports do not add up to "anywhere near" $90 million, and the auditor-general considers investigating the grant.


Share
Published 9 August 2018 11:58am
Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world