Ann: WA State Government terminates Albany Funding Agreement, page-5

https://www.smh.com.au/national/western-australia/wa-government-cuts-finance-for-embattled-carnegie-albany-wave-power-project-20190312-p513jt.html

"Now, look, we're politicians, we're not gods," she said. "We can't actually guarantee how the world is going to pan out entirely and we had this change that occured with the change in the federal government's R&D tax. That has destabilised this whole project."

As expected the state government follows Carnegie's lead and tries to blame the federal government's changes to R&D tax concessions for the mess. But... we've now all seen the proposal that won Carnegie the Albany deal, and this wasn't part of their funding arrangements. They'll need a better excuse.