What’s in it for business?
While some cost of living and climate initiatives may assist businesses, certain industry priorities are targeted specifically:
- Financial support for employers to retain and take on new apprentices is extended until end December 2023
- Funding for Industry Transformation Plans (ITPs) includes allocations for the Construction Sector Accord Transformation Plan, the Advanced Manufacturing Plan, the Agritech ITP, and the Digital ITP.
- Regional business support and tourism have received additional funding in a boost to the Regional Strategic Partnership Fund for investment into local projects.
See also, Broadband Infrastructure and Business Growth Fund.