Revealed: NT government spent $94 million in taxpayer funds on fracking subsidies

A report published today by The Australia Institute reveals the NT Government spent $94 million in taxpayer funds over 10 years propping up the fracking industry. 

Key findings revealed:

  • Unrecovered administration costs totalling at least $33.6 million.
  • Subsidised exploration and industry promotion costing at least $60.4 million.
  • Instead of funding the onshore oil and gas industry, this money could have paid the salaries of 104 nurses, 94 teachers or 94 Aboriginal health practitioners for a decade.

Fracking in the Northern Territory is dirty, dangerous and a drain on public funds that could be better spent on hospitals and schools.

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