NTU recieved $4.8m from the federal government building better regions funds.
Over the last 6 years NTU has recieved over $20m in R&D rebates. That’s not including the $38m R&D rebate they expect to receive to build the pilot plant and anymore rebates to subsidise the loss making operation.
Majority of the tax payers money has been blown on unviable business plans, not to train indigenous locals dude.
Ozfinancial report, page-39
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