Bus and ferry project that received $1m Coalition regional grant delayed and 'losing money'

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Queensland business one of more than 200 recipients under regional jobs program criticised by auditor general

A company that received a $1m grant from the Coalition for a ferry and bus project had not been in the transport business, is currently the target of deregistration by the corporate regulator and is “losing money”, with the director saying the project is unlikely to happen for at least two years.

 

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