Dfat Complex Grant Agreement
In just a few days, DFAT has completed one of the largest and most complex consular exercises this country has ever undertaken to bring as many Australians home as possible thanks to COVID-19. The Comprehensive Economic Partnership Agreement between Indonesia and Australia (IA-CEPA) entered into force on 5 July 2020. We are now working on the full implementation of the agreement so that both countries can benefit as much as possible. The agreement guarantees Australian exporters preferential agreements for a number of important agricultural goods. For example, cattle producers in northern Australia should benefit from better access, including a reduction in tariffs on live cattle and beef. Agricultural products from regions, including Queensland mandarins and other Riverina citrus fruits, will also benefit from improved access and reduced tariffs under the IA-CEPA. The government has invested $50 million in the Business Events Grants Program (the program) to generate demand for specialized events, conferences and exhibitions, including in the Australian region. The program, funded by the COVID-19 Relief and Recovery Fund, will attend the exhibition at events in 2021, with payments completed by June 30, 2021. Australian companies participating in an authorized business event in 2021 can apply for pre-grants to cover up to 50% of their costs from $10,000 to $250,000.
The orientation of companies towards the domestic market will support regional companies in sectors where international markets have been disrupted and which are disproportionately represented in the Australian region. The portfolio deployed its resources to support government-across government responses to the summer 2019/20 national bushfires and the effects of the COVID-19 pandemic. . .