Objective 4.2

Export assistance is known to services businesses, accessible and fit for purpose

Action 4.2C

The Government will support Export Finance Australia to continue creating opportunities for Australian firms to participate in the resources projects it supports, consistent with relevant international obligations.

Department of Foreign Affairs and Trade

Industry
recommendation/s
Description
Government response
Related Action/s
17G

Consider whether Export Finance Australia’s role linking Australian suppliers to projects it finances could be further enhanced and optimised to create more opportunities for Australian firms.

Agreed

Progress to date

On 24 June 2021 the Minister for Trade, Tourism and Investment announced the Government will legislate to provide Export Finance Australia (EFA) with a new equity investment power. The equity investment power will give EFA more flexibility to support important infrastructure investments in the Indo-Pacific or export-linked projects in Australia.