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Supporting Trade and Tourism funding - Australian businesses

View on aph.gov.au (opens in a new tab)
Status: Answered, finished
Asked by: Senator the Hon. Matthew Canavan
Portfolio: Foreign Affairs and Trade
Agency: Australian Trade and Investment Commission
Round: 2026-27 Budget estimates
Question No: BE26-83
Asked: 4 June 2026
Answer due: 23 July 2026

Question

1. Budget Paper No. 2 states $39.6 million over three years from 2026-27 will boost Austrade's support to Australian businesses. What specific services will be expanded? 2. How many additional businesses is Austrade expected to support as a result of this funding? 3. How many of those businesses are expected to be small and medium enterprises? 4. What export markets, sectors or regions are being prioritised under this funding? 5. How much of the $39.6 million will be spent in Australia and how much will be spent through Austrade's overseas network? 6. How many ASL, contractors or locally engaged staff are funded by this measure? 7. Is any of the funding replacing terminating or reduced funding from previous trade support measures? 8. How does the new $39.6 million funding interact with the Export Market Development Grants program? 9. How does this funding interact with TradeStart? 10. How does this funding interact with the Accessing New Markets Initiative?

Answer

Please see attached answer

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