Industry minister Tim Ayres on Monday rejected concerns the government’s flagship $15 billion manufacturing fund is being distorted and said it will still meet investment targets despite more than $6 billion being carved out for cheap financing.
The latest changes, first revealed by InnovationAus.com, will see businesses like transport and logistics firms impacted by global shocks eligible for interest-free loans from the National Reconstruction Fund’s (NRF) new $1 billion Economic …
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