Achieve savings of $61.0 million over 4 years from 2023-24 by reducing funding for the Export Market Development Grants program.
The Government will achieve savings of $61.0 million over 4 years from 2023-24 by reducing funding for the Export Market Development Grants program. No funding already committed or applications currently under assessment will be impacted by this measure. The savings from this measure will be redirected to fund Government policy priorities in the Foreign Affairs and Trade portfolio.