Senate debates

Tuesday, 5 December 2023

Questions without Notice

Industry

3:04 pm

Photo of Don FarrellDon Farrell (SA, Australian Labor Party, Minister for Trade and Tourism) Share this | Hansard source

I thank Senator Polley for her first supplementary question. Our government wants to work with small and medium businesses looking to grow, providing them with practical, concrete support. Last week, our $392 million Industry Growth Program officially opened. SMEs can now apply for expert advice on getting their good ideas to market and expanding their companies, creating more jobs across Australia. Future rounds of the program will also deliver matched grant funding ranging from $50,000 to $5 million. We want a clear pathway for Australians with great ideas to turn their ideas into thriving businesses in Australia instead of moving overseas, and our plan to back industry will do just that.

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