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Global Trade Alert

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Australia: Government introduces the AUD 40 million national industrial transformation program

Description

On 20 December 2023, the government of Australia through the Australian Renewable Energy Agency (ARENA) launched the AUD 40 million (approx. USD 27 million) National Industrial Transformation (NIT) Pr...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Dec 2023

Revocation date

No revocation date

Implementation level

NFI

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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