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Australia: Introduction of Powering the Regions Fund (PRF) Grant Scheme

Description

On 3 July 2023, the Australian government launched the Powering the Regions Fund’s (PRF) Safeguard Transformation Stream (STS), a financial grant scheme worth AUD 600 million (approx. USD 400.7 millio...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

03 Jul 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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