Global Trade Alert
Global Trade Alert

Australia: Government releases Digital Economy Strategy 2022 Update worth AUD 1.1 billion

Announcement

29 Mar 2022

On 29 March 2022, the Australian Prime Minister released the Digital Economy Strategy 2022 Update worth AUD 1.1 billion.

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

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No implementation date

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Updated: 29 Mar 2022
Financial grant

On 30 March 2022, the Australian Prime Minister published the Digital Economy Strategy 2022 Update in which they allocated AUD 70 (USD 52.5) million to the Quantum Commercialisation Centre. The fun...

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Updated: 29 Mar 2022
Tax or social insurance relief

On 30 March 2022, the Australian Prime Minister announced the AUD 1 billion (USD 750 million) tax relief scheme for Australian small and medium-sized businesses, entitled the "Techno...

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