The Australian government hands out hundreds of millions per year in grants to businesses. We find much of it is wasted
- Written by George A. Tanewski, Professor in Accounting, Deakin University
Australia hands out the best part of A$1 billion per year in grants to businesses. Many of these come with no strings attached, meaning there is no need to evaluate whether the grants boost employment, help the recipients become more efficient, or benefit the nation.
To test what good these grants do, my team at the Institute of Public...
