Government announces additional $260.9 million IFAM Support

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During his National Cabinet address on 2 July, Prime Minister Scott Morrison made reference to additional support through the International Freight Assistance Mechanism (IFAM).

This extension has now been officially confirmed, with the Australian Government announcing that IFAM will receive an additional $260.9 million to continue operations until 30 June 2022, with an operational tail to the end of July 2022.

This support in response to COVID-19 and assisting Australian businesses would be welcomed by many of you.

For more information about the extension, please refer to the IFAM webpage and for your convenience, click here to access the latest Fact Sheet.

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