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Australia: National Reconstruction Fund Corporation (NRFC) invests AUD 22.5 million in Vault Cloud

Description

On 20 December 2024, the National Reconstruction Fund Corporation (NRFC) announced an equity investment of AUD 22.5 million (approx. USD 14.1 million) towards Vault Cloud (Vault). According to author...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Dec 2024

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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