Now available: A$6.15 billion to back Australian industryFriday 24 Apr 2026
This will provide Australian businesses with low cost, long term concessional finance to help them ride out global shocks and secure production, bolstering the industries that underpin the national economy. Tim Ayres,the Minister for Industry and Innovation said, “From today, we’re getting $6.15 billion in capital moving quickly into Australian businesses, so industry has the certainty it needs in this time of global disruption". The $1 billion Economic Resilience Program’s zero interest loans are available to businesses in critical supply chains, including those producing and transporting the fuels, plastics, fertilisers and agricultural protection chemicals that Australian farmers and manufacturers rely on every day. The $5 billion Net Zero Fund is open to back new manufacturing investment and energy efficiency upgrades in hard to abate sectors, building domestic clean energy supply chains and supporting the manufacture of low-emissions technologies such as wind, solar and energy storage solutions – and the production of low carbon liquid fuels. The $150 million Forestry Growth Fund is open to support timber processing for housing construction and backing investment in mills and processing facilities to move up the value chain. “The $150 million Forestry Growth Fund, along with our Government’s wider investments in the forestry industry, will deliver more secure jobs in regional Australia, better pay and higher value output," said Julie Collins, Minister for Agriculture, Fisheries and Forestry. This investment sits alongside other support and actions the Government is taking to support Australia’s domestic industries. Together, these measures are about keeping Australian production moving, protecting local jobs and building a more resilient economy in a volatile world. Applications are now open. For more information go to www.nrf.gov.au/erp. Source: Minister for Agriculture, Fisheries and Forestry | ||
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