Federal Member for Capricornia Michelle Landry has announced the Morrison-McCormack Government is cutting red tape for our exporters. “Cutting red tape helps small and medium enterprises to start exporting and grow new markets. This leads to more jobs and greater opportunities.” Ms Landry said.
Red Tape slashed for our exporters:
- The Morrison-McCormack Government is cutting red tape to make it easier to do business, with the release of simpler rules to access export grants
- The Government’s simplified rules for the Export Market Development Grants (EMDG) program will ensure Australian small and medium enterprises are supported to start exporting and grow new markets, leading to jobs and opportunities
- Simpler applications requiring less documentation
- Apply once for grants of two to three years, not annually as under the current scheme
- A new simpler online application portal
- These reforms deliver upfront funding certainty to exporters before they commit to international marketing activities
- The Federal Government is supporting Australian business to compete and succeed internationally. More than $192 million has been provided to over 4000 businesses to support their exporting activities through the EMDG program in 2019-20. These businesses employed more than 70,000 people and generated $4.3 billion in export income.
- Austrade will continue to work with exporters and stake holders to design a streamlined ‘Export Market development Grants’ (EMDG) experience from application through to payment. The new EMDG rules are at www.austrade.gov.au/emdg
Ms Landry said “As I travel around the electorate of Capricornia no matter what the business, employers want Governments to get out of their way by cutting red tape and letting them do what they do best, employing and exporting.
This announcement will help them continue to do that. Only an LNP Government helps business do business and grow the economy, which provides prosperity for all.”