An independently commissioned study of the NT’s largest-ever groundwater licence has found the project 'makes no sense' for Territory taxpayers.
A scathing independent study of the Northern Territory's largest-ever groundwater licence has found the project "makes no sense" for Territory taxpayers and represents up to $300 million worth of public subsidies for the proponent.
He said there was "very little substantial basis" to back up Fortune's claims that the project would benefit taxpayers. Comparing this project to others like it, Professor Connor estimated the true number of full-time jobs would be between 26 and 36 full-time roles, with a maximum of eight of those going to residents from Indigenous communities.
"Very little of the benefit will come down to Indigenous owners and they'll suffer huge consequences because this project would draw down groundwater and damage their cultural heritage," he said.
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