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'The objective of the audit was to assess whether the award of a $443.3 million grant to the Great Barrier Reef Foundation was informed by appropriate departmental advice and through processes that complied with the grants administration framework.' Spoiler alert: it wasn't.
'There was insufficient scrutiny of the foundation’s proposal in 3 key areas... 1) capacity & capability of the foundation’s delivery partners to scale-up their activities; 2) foundation’s past fundraising performance; 3) and total administration costs of the partnership model..'
Only three of the six recommendations by the @ANAO_Australia have been agreed to at the time the report was published.
/end thread
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