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Prisoned economy

According to Ross Gitting's new artcile, How we can do better on Aboriginal imprisonment. He threw a few interesting numbers:
  1. 2.5% of the Australian adult population is Aborigines
  2. 26% of all adult Australian prisoners is Aborigines
  3. $275/day to keep an adult in jail
  4. $800 million a year is paid from taxpayer = Australian adult population * 2.5% * 26% * $275 * 365
Could the government use the money wisely?