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Federal Government Programs

The new Labor Government is currently reviewing the funding allocations made by the prior Government under several of these programs and many others with a view of redirecting funds into their newly announced $15b National Infrastructure program. Further news will be made available after the October budget.

As an outcome of COVID both the Federal and State Governments have become very pro-active in providing various new forms of tax incentives and grant programs as well as enhancing existing government programs to stimulate and re-focus the economy.

These initiatives are generally driven by the strategic need to:

  • Prioritise industry sectors with a distinct global competitive advantage.
  • identify and re-birth sectors in which we require a sovereign capability.
  • address environmental issues dealing with climate change and renewable energy.
  • stimulate job creation.
  • provide assistance to fill a market gap.

It’s important to keep in mind that most of these new government programs are not intended to last forever with many having a 4-year horizon or being subject to change at any time.

Available Federal Government Grants

R&D Tax Incentive

Get up to 43.5% back on your R&D expenditure
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Export Market Development Grants

Up to 50% of eligible export promotion expenses
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Supply Chain Resilience Initiative

Grants from $50,000 - $2,000,000
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Accelerating Commercialisation

Get a novel product, process or service to market
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Modern Manufaturing Initiative

A $1.3b drive to revolutionize Australian manufacturing
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Manufacturers Modernisation Fund

Grants from $100,000 - $1,000,000
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Recycling Modernisation Fund

A $190 million dollar infrastructure initiative
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Sovereign Industrial Capability Priority

Improving Australia's defence industry supply chain
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