Global Trade Alert
Global Trade Alert

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

Announcement

15 Nov 2022

In November 2022, the Australian government announced a financial grant worth AUD 37.9 million (approx. USD 25.4 million) to NBN Co Limited.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Nov 2022

Revocation date:

No revocation date

Updated: 15 Nov 2022
Financial grant In force

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 techno...

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