Summary
Amends the
Australian Trade Commission Act 1985
and
Export Market Development Grants Act 1997
to: increase the maximum grant to $200,000; add two claimable expense categories to the range of eligible expenses; expand the range of bodies able to access the scheme; lift the maximum turnover limit to $50 million; reduce the minimum threshold of expenditure to a $10,000 minimum; extend the limit on the number of annual grants to eight; remove the distinction between internal and external services to provide that all non-tourism services are eligible products; and introduce a performance measure for applicants claiming their third and subsequent grants.