2018
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About the document
The Reef Trust – Great Barrier Reef Foundation Partnership (Partnership) is a $443.3 million six year grant between the Department of the Environment and Energy, which manages the Reef Trust, and the Foundation. It has been established to build on and support delivery of the joint Australian and Queensland Government Reef 2050 Long-Term Sustainability Plan (Reef 2050 Plan).
Grants are widely used to achieve government policy objectives, involving the payment of billions of dollars each year to the non-government sector. Grants provide significant benefits to many Australians, through the Government working in partnership with individuals and organisations to deliver outcomes for the Australian public.
The Commonwealth Grants Rules and Guidelines 2017 (CGRGs) establish the Commonwealth grants policy framework. The CGRGs contain the key legislative and policy requirements, and explain the better practice principles of grants administration.
Officials must develop grant guidelines for all new and revised granting activities. These guidelines must be consistent with the CGRGs.
Clear, consistent and well-documented grant guidelines are important for effective grants administration. They help to ensure that granting activities are transparent, accountable and equitable.