EMDG Shortfall for 2010 – worse expected for 2011
The Government in the budget have reduced the budget allocation to support the Exporters EMDG programme.
The EMDG budget for next year is $150 million (down from $200m) .
2009 EMDG Claimants can expect 60% of their entitlements with a lot less expected in 2011.
This is a disaster for SME Businesses….
There is a chance if SME’s lobby that the Government will continue to support the SME’s who are focussed on Exporting their Australian Goods and Services.