The Great Barrier Reef Foundation has spent $800 000 on ‘project management’ since it received a $440 million grant from former Prime Minister Malcolm Turnbull in June.
The foundation plans to spend a further $7.3 million on administration and $25 million on projects for the rest of the financial year, despite only employing 6 full time staff members when it received the grant.
The spending was uncovered during the Senate inquiry set up to look into how the grant was awarded and what the foundation plans to do with the money.