12May

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.

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