Great Barrier Reef Foundation still well short of fundraising target, auditor general finds

Foundation was controversially awarded $443m grant by Turnbull government in 2018 on the basis it would be able to leverage money from private sector

The Great Barrier Reef Foundation has managed to raise just $53.6m towards a $357m fundraising target, according to an auditor general's review of its controversial partnership with the federal government.

The report by the Australian National Audit Office, published late Wednesday, examined the design and early delivery of the foundation's work after the awarding of a $443.3m grant by the Turnbull government in 2018, finding it had been partially effective".