“This convincingly proves the government’s rationale for providing the GBRF with the grant was a complete farce.If you’re feeling sensitive, avoid rubbing! Use a clean q-tip instead to apply a thin layer on redness or irritation.Īlways vegan, cruelty-free and free of fragrances, essential oils, and colorants.
“The government grant to the GBRF hinged on its capacity to raise funds from philanthropists – which it has categorically failed to deliver,” he said. Peter Whish-Wilson, the Greens spokesperson for healthy oceans, said the report confirmed long-standing concerns about the grant. “Australian taxpayers simply aren’t getting value for money from the Great Barrier Reef Foundation,” they said. They described the failure to ensure bank deeds were in place as “shocking” and said the $684,100 in cash donations equated to less than half of a per cent of the stated donations target. Labor senators Kristina Keneally and Katy Gallagher said the report was “damning”. The federal opposition last year called for more transparency from the foundation about its fundraising after answers to a Senate committee showed, at that time, it had raised just $21.7m, with most of this in the form of in-kind donations. The foundation’s target of $357m was to be reached over five years but it has come under scrutiny for the slow progress towards this goal more than halfway through the partnership. “The foundation agrees to, and has commenced the implementation of, all seven recommendations in the report.” “We’re determined to take the lessons learned and continue to improve how we deliver on this important mission and responsibility,” he said. In a statement, its chairman, John Schubert, said the foundation was pleased the audit had “recognised the foundation’s strong commitment to best practice governance, investment of grant money and major project delivery models”. The foundation has agreed to all of the recommendations, which also included ensuring a bank deed was in place before taxpayer funds were invested in a financial institution. The report made seven recommendations, including that foundation adopt and report against interim fundraising targets to “provide a better indication” of how the $357m target will be reached by 2024 and that it increase its use of open and competitive procurement. The report found, however, that the general methods the foundation used to deliver reef projects – either through funding grants or procurement – were appropriate. The ANAO also found the foundation had not taken a competitive process to procurement or used a consistent and appropriate selection criteria in many instances. The auditor general found the foundation had invested the grant money appropriately in various term deposits but recommended it adopt clearer targets for fundraising and more open procurement processes.īut it criticised the foundation for not ensuring that bank deeds were always in place to protect the Australian government’s interests. “As interim fundraising targets have not been set, it is difficult to assess whether appropriate progress is being made towards the fundraising targets,” the report states.
Just $684,100 in cash donations had been achieved. But the report said the foundation had raised just $53.6m of its overarching fundraising target of $357m and 99% of these donations were in-kind, rather than cash, contributions.
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