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The Auditor-General has released a report which shows that the federal government spent $60.2 billion via its GrantsConnect program between December 2017 and June 2021.
A total of 108,206 grants were allocated over this period, and 42% were awarded via a non-competitive tender process.
The report also shows that 27% of grants that were earmarked for regional development programs were allocated to recipients with capital city postcodes. Moreover, just 8% of the grants were awarded to remote or very remote areas:
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.