On 28 July 2021 the Victorian Government announced a $400 million support package, jointly funded by the Commonwealth Government. The package is designed to provide support to Victorian small and medium businesses experiencing financial hardship from the recent lockdown.
 
On 6 August 2021 the Victorian Government announced additional payments for previous recipients of the Business Costs Assistance Program Round Two and Round Two July Extension.
 
Further support was announced on 12 August 2021.
 

The Australian Government is offering co-funded grants up to $200m to encourage business investment in major manufacturing projects.

International investors, businesses and researchers are invited to partner with Australian organisations under the program.

The program guidelines and key funding details have been released for Round Two of the Manufacturing Modernisation Fund, which aims to help Australian manufacturers scale-up, compete internationally and create jobs.

The Federal Government recently announced $52.8 million in funding for Round Two of the Manufacturing Modernisation Fund.

Proposed changes to the Research and Development (R&D) Tax Incentive were introduced to Parliament on 5 December 2019. Read more to learn what these proposed changes include.