The Labor Government has written to the Great Barrier Reef Foundation, warning them not to spend too much of its grant money as they believe a change of Federal Government will come soon.

The Coalition handed the Foundation nearly half a billion dollars in June without any competitive tender process and without the Foundation actually asking for it.

Shadow environment minister Tony Burke has found a way to claw most of the money back, under a clause in the funding agreement which allows for it to be terminated immediately if there is a material change in Australian Government policy.