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$9.4 million boost for innovation

The Australian Government’s decision to allow for the matching of voluntary contributions to Forest and Wood Products Australia (FWPA) could lead to an increase of $9.4 million investment in innovation.

The decision was announced in conjunction with the Government’s Mid-Year Economic and Fiscal Outlook (MYEFO) and commits the Government to co-investing up to $4.7 million over four years, matched by industry funds, for additional research, development and extension.  This will create a total pool of total funds of $9.4 million.

Media Release:

Posted Date: December 16, 2015

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