Australian businesses are now able to access $6.15 billion through the National Reconstruction Fund, as the Albanese Government fast‑tracks three streams of funding to get finance moving to strengthen critical supply chains.
This will provide Australian businesses with low‑cost, long‑term concessional finance to help them ride out global shocks and secure production, bolstering the industries that underpin the national economy.
The $1 billion Economic Resilience Program's zero‑interest loans are available to businesses in critical supply chains, including those producing and transporting the fuels, plastics, fertilisers and agricultural protection chemicals that Australian farmers and manufacturers rely on every day.
The $5 billion Net Zero Fund is open to back new manufacturing investment and energy‑efficiency upgrades in hard‑to‑abate sectors, building domestic clean‑energy supply chains and supporting the manufacture of low-emissions technologies such as wind, solar and energy storage solutions - and the production of low carbon liquid fuels.
The $150 million Forestry Growth Fund is open to support timber processing for housing construction and backing investment in mills and processing facilities to move up the value chain.
This investment sits alongside other support and actions the Government is taking to support Australia's domestic industries. Together, these measures are about keeping Australian production moving, protecting local jobs and building a more resilient economy in a volatile world.
