Nationals feast on billion dollar pork barrel

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The Australian National Audit Office (ANAO) on Thursday handed down a scathing assessment of the former Coalition government’s $1.38 billion Building Better Regions Fund (BBRF).

The audit found two thirds of funded infrastructure projects were “not those assessed as being the most meritorious”.

Liberal-held seats received twice as many grants as Labor electorates, while Nationals seats also got $104 million more funding under the BBRF than a merit-based process would have allocated.

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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.