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Global Trade Alert

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Australia: Government increases NAIF budget by AUD 2 billion

Description

On 25 January 2022, the Australian Government announced that the new budget for the Northern Australia Infrastructure Facility (NAIF) would be AUD 2 (USD 1.4) billion. The funding will last until 30 J...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Jan 2022

Revocation date

30 Jun 2026

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

location-specific

Affected Trading Partners

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