CUT FLOWER

Australian export assistance scheme gets boost

11 July 2014

The Federal Government says it wants to boost the competitiveness of Australian business and is therefore progressively restoring funding to EMDG scheme, allocating an initial $50 million boost over four years commencing in 2014/15.

An initial payment of up to $60,000 provides exporters with a substantial immediate cash flow and those with entitlements above this amount will receive a second payment at the end of June 2015, the size of which will be determined at the time.