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.