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:
FWPA_Media_Release_9.4_million_boost_for_innovation_.pdf
