$4 billion disaster fund earns $700m in interest, but not a cent handed out

Jamieson Murphy
October 28 2021 - 8:00am
UNIMPRESSED: Labor Senator Murray Watt was not interested in the government's reasoning as to why the funding had not been handed out. Photo: Sitthixay Ditthavong
UNIMPRESSED: Labor Senator Murray Watt was not interested in the government's reasoning as to why the funding had not been handed out. Photo: Sitthixay Ditthavong

NOT A cent from the government's $4-billion disaster recovery and mitigation fund has been handed out in two years, despite earning $700 million in interest.

Jamieson Murphy

Jamieson Murphy

News director

Newcastle Herald news director and business reporter. Interested in any and all yarns. Whisper g'day mate to me at jamieson.murphy@austcommunitymedia.com.au

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