Regional Grant Scheme: Business Awarded $750,000, Then Goes Bust Six Months Later

A camper trailer company in the marginal seat of Gilmore was awarded a $750,000 federal government grant at a time that it may have been trading while insolvent, Guardian Australia can reveal. The grant, awarded under the regional jobs and investment program that was subject to a scathing report from the auditor general, was given to Off Road Camping Accessories, based in the NSW south coast town of Moruya, to develop a new type of composite panel to be manufactured for camper trailers, The Guardian reported. Under the requirements of the grant scheme, applicants were required to spend a matching amount to the government contribution, with the guidelines emphasising the importance of leveraging investment from the private sector. Read more

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