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Australia: AUD 37.9 million grant to NBN Co Limited for upgrading technologies

Description

On 15 November 2022, the Australian government approved a financial grant of AUD 37.9 million (approx. USD 25.4 million) for NBN Co Limited. The purpose of the grant is to upgrade the firm's technolog...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Nov 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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