‘Economic vandalism’: Coalition lashes decision to axe MMI grants


Industry minister Ed Husic has been accused of “economic vandalism” over the decision to scrap $442 million in grants offered under the Collaboration stream of the Modern Manufacturing Initiative amid an already uncertain outlook for the local manufacturing sector.

As reported by InnovationAus.com earlier on Tuesday, only nine projects that were approved for co-investment under the former Morrison government program almost 18 months ago will go ahead as planned, …

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