Cherry-picked charity to pocket at least $22.5 million in taxpayer funding for reef

More than $22 million in taxpayer funds will be paid directly to a private foundation hand-picked by the Turnbull government to dispense Australia's largest single Great Barrier Reef funding package, raising fresh questions over the controversial deal.

The Great Barrier Reef Foundation grant is the
largest of its kind in Australian history.

It has also emerged that the foundation will pocket interest earned on the record-large funding windfall, despite previous claims the interest would be directed back into projects to help rescue the natural wonder.

Read Nicole Hasham’s story from The Sydney Morning Herald - “Cherry-picked charity to pocket at least $22.5 million in taxpayer funding for reef.”