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Award of funding under the Future Drought Fund
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This audit would examine the effectiveness of the Future Drought Fund (FDF). The FDF was established in 2019 to provide funding for drought resilience initiatives. The Future Drought Fund (Drought Resilience Funding Plan 2024–2028) Determination 2024 includes funding principles. The Funding Plan provides a high-level principles-based framework to guide all FDF spending. The Productivity Commission carried out a review of the Future Drought Fund (FDF) and released their Inquiry Report on 26 September 2023, which included 14 recommendations.