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Former BHP Director come Exxon Consultant and chairman of the Great Barrier Reef Foundation Shane Davidson has confirmed to The Betoota Advocate this morning that he is stoked with the present from the Federal Government.

The 44-year-old former President of the Business Council of Australia told our reporters that he was initially shocked by the gift, ‘but will definitely look at doing something good with it.”

“Haha yeah how good is it aye. I literally sent Frydenberg (Josh) an email about it a few months ago asking if he wanted to jump on a board, and somehow we got given all this money,” Davidson said.

His comments to come as the Federal Government faces criticism for granting the Great Barrier Reef Foundation $444 million dollars without the organisation having to go through a tender process.

The payday for the organisation which was set up by large multinational oil and resources companies, has drawn the ire of many after it was revealed that they only employ 6 full time and 5 part-time staff, and haven’t been around for very long.

Even Queensland Premier Annastacia Palaszczuk is said to be impressed by the audacious move from the Federal Government.

“Giving 444 million to the Foundation and only 56 million to the actual Marine Park Authority. That’s incredibly ballsy, I can’t believe they could get away with it,” she said.

“This should make things quick and painless, though”

“Queensland Labor is very excited to announce we might have coal ships crushing through the reef in a few months from now”