Unauthorised entities are using au-gt.com impersonating our au.gt.com domain. Please confirm emails by contacting us here

Global site

Global site
Africa
Americas
Asia Pacific
Europe
Middle East

Services

Market services

Audit

Grant Thornton’s expert audit approach will help you comply with regulations, and improve business strategies and internal processes.

See Overview

Compliance audits & reviews
Our audit team undertakes the complete range of audits required of Australian accounting laws to help you to help you meet obligations or fulfil best practice procedures.
Audit quality
We are fiercely dedicated to quality, use proven and globally tested audit methodologies, and invest in technology and innovation.
Financial reporting advisory
Our financial reporting advisory team helps you understand changes in accounting standards, develop strategies and communicate with your stakeholders.
Audit advisory
Grant Thornton’s audit advisory team works alongside our clients, providing a full range of reviews and audits required of your business.

Related insights:

Report Transparency report

The last financial year presented a challenging economic period which saw many businesses facing adversity in FY24.

Nicole Bradley

| 5 min read | 31 Oct 2024

Tax

We work with clients at all stages of their business lifecycle – and through all their organisation’s major events – to navigate tax obligations.

See Overview

Corporate tax & advisory
We provide comprehensive corporate tax and advisory service across the full spectrum of the corporate tax process.
Private business tax & advisory
We work with private businesses and their leaders on all their business tax and advisory needs.
Tax compliance
We work alongside clients to manage all tax compliance needs and identify potential compliance or tax risk issues.
Employment tax
We help clients understand and address their employment tax obligations to ensure compliance and optimal tax positioning for their business and employees.
International tax
We understand what it means to manage tax issues across multiple jurisdictions, and create effective strategies to address complex challenges.
GST, stamp duty & indirect tax
Our deep technical knowledge and practical experience means we can help you manage and minimise the impact of GST and indirect tax, like stamp duty.
Tax law
Our team – which includes tax lawyers – helps you understand and implement regulatory requirements for your business.
Innovation Incentives
Our national team has extensive experience navigating all aspects of the government grants and research and development tax incentives.
Transfer pricing
Transfer pricing is one of the most challenging tax issues. We help clients with all their transfer pricing requirements.
Tax digital consulting
We analyse high-volume and unstructured data from multiple sources from our clients to give them actionable insights for complex business problems.
Corporate simplification
We provide corporate simplification and managed wind-down advice to help streamline and further improve your business.
Superannuation and SMSF
Increasingly, Australians are seeing the benefits, advantages and flexibility of taking control of their own superannuation and retirement planning.

Related insights:

Client Alert FBT exemption phase-out for plug in hybrids (PHEVs) effective from 1 April 2025

Stay updated on the FBT exemption phase-out for plug-in hybrids (PHEVs) effective from 1 April 2025. Learn about the Independent Senator’s Bill, ATO guidance, and examples of financially binding commitments affecting FBT treatment.

Elizabeth Lucas

| 4 min read | 09 Oct 2024

Risk

We work with clients to implement risk management processes and strategies to reduce risk and identify opportunity to extract commercial value.

See Overview

Payroll consulting & Award compliance
Many organisations are grappling with a myriad of employee agreements and obligations, resulting in a wide variety of payments to their people.
Cyber resilience
The spectrum of cyber risks and threats is now so significant that simply addressing cybersecurity on its own isn’t enough.
Internal audit
We provide independent oversight and review of your organisation's control environments to manage key risks, inform good decision-making and improve performance.
Financial crime
Our team helps clients navigate and meet their obligations to mitigate crime as well as develop and implement their risk management strategies.
Consumer Data Right
Consumer Data Right (CDR) aims to provide Australians with more control over how their data is used and disclosed.
Risk management
We enable our clients to achieve their strategic objectives, fulfil their purpose and live their values supported by effective and appropriate risk management.
Controls assurance
In Australia, as with other developed economies, regulatory and market expectations regarding corporate transparency continue to increase.
Governance
Through fit for purpose governance we enable our clients to make the appropriate decisions on a timely basis.
Regulatory compliance
We enable our clients to navigate and meet their regulatory and compliance obligations.

Related insights:

Podcast Brisbane 2032 Olympics: opportunities, challenges, procurement risks and strategies

In the latest episode of Beyond the Numbers with Grant Thornton, our Brisbane Office Chair and Tax Partner Sian Sinclair and Risk Consulting Partner Jarrod Lean discuss opportunities, challenges, procurement risks and strategies.

| 27 min listen | 23 Oct 2024

Forensics

Our forensics team identifies and obtains relevant information, investigates the financial issue at hand and provides a clear, concise, sustainable opinion as...

See Overview

Forensic accounting and dispute advisory
Our team advises at all stages of a litigation dispute, taking an independent view while gathering and reviewing evidence and contributing to expert reports.
Investigations
Our licensed forensic investigators with domestic and international experience deliver high quality results in the jurisdictions in which you operate.
Asset tracing investigations
Our team of specialist forensic accountants and investigators have extensive experience in tracing assets and the flow of funds.

Related insights:

Client Alert Expert Determination: When it’s an ‘error’, but not a ‘manifest error’

In a recent NSWSC judgment, the Court found that an error identified by the Expert is not a ‘manifest error’.

Thomas Caldow

| 3 min read | 15 Oct 2024

Deals

Our team works with clients on all aspects of their deals to get the transaction done and implement the frameworks for long-term success.

See Overview

Mergers and acquisitions
Our mergers and acquisitions specialists guide you through the whole process to get the deal done and lay the groundwork for long-term success.
Acquisition search & strategy
We help clients identify, finance, perform due diligence and execute acquisitions to maximise the growth opportunities of your business.
Selling a business
Our M&A team works with clients to achieve a full or partial sale of their business, to ensure achievement of strategic ambitions and optimal outcomes for stakeholders.
Operational deal services
Our operational deal services team helps to ensure the greatest possible outcome and value is gained through post merger integration or post acquisition integration.
Transaction advisory
Our transaction advisory services support our clients to make informed investment decisions through robust financial due diligence.
ESG Due Diligence
As environmental, social, and governance (ESG) considerations become increasingly pivotal for dealmakers in Australia, it is important for investors to feel confident in assessing transactions through an ESG lens.
Business valuations
We use our expertise and unique and in-depth methodology to undertake business valuations to help clients meet strategic goals.
Tax in mergers & acquisition
We provide expert advice for all M&A taxation aspects to ensure you meet all obligations and are optimally positioned.

Related insights:

Dealtracker Retail Dealtracker 2024: Harnessing the technological evolution

Despite a decrease in M&A deal volumes and IPO activity in the face of economic uncertainty, Australia’s retail sector remains appealing to investors. Through our analysis of Australian retail M&A and equity markets in the 18 months to 31 December 2023, we saw the retail sector face a mix of challenges and opportunities.

| 3 min read | 22 Apr 2024

Finance and funding

Our finance and funding team works to access sources of finance, present your case to potential funders and negotiate a long-term sustainable relationship.

See Overview

Corporate finance
We provide effective and strategic corporate finance services across all stages of investments and transactions so clients can better manage costs and maximise returns.
Debt advisory
We work closely with clients and lenders to provide holistic debt advisory services so you can raise or manage existing debt to meet your strategic goals.
Working capital optimisation
Our proven methodology identifies opportunities to improve your processes and optimise working capital, and we work with to implement changes and monitor their effectiveness.
Capital markets
Our team has significant experience in capital markets and helps across every phase of the IPO process.
Debt and project finance raising
Backed by our experience accessing full range of available funding types, we work with clients to develop and implement capital raising strategies.
Private equity
We provide advice in accessing private equity capital.
Financial modelling
Our financial modelling advisory team provides strategic, economic, financial and valuation advice for project types and sizes.
Payments advisory
We provide merchants-focused payments advice on all aspects of payment processes and technologies.

Related insights:

Client Alert Implications of the aged care overhaul for businesses

The aged care overhaul is here, with major reforms shaping the future of care for older Australians. From funding shifts to enhanced home care options, these changes will require careful planning from businesses in the sector. Find out how the $5.6b investment into the quality, viability, and accessibility of aged care services and related reforms will affect providers and why strategic planning is crucial for the year ahead.

| 5 min read | 16 Sep 2024

Insolvency

Our insolvency teams takes a proactive approach so our clients have access to more business turnaround options and retain the most value for all stakeholders.

See Overview

Voluntary administration & DOCA
We help businesses considering or in voluntary administration to achieve best possible outcomes.
Corporate insolvency & liquidation
We help clients facing corporate insolvency to undertake the liquidation process to achieve a fair and orderly company wind up.
Complex and international insolvency
As corporate finance specialists, Grant Thornton can help you with raising equity, listings, corporate structuring and compliance.
Safe Harbour advisory
Our Safe Harbour Advisory helps directors address requirements for Safe Harbour protection and business turnaround.
Bankruptcy and personal insolvency
We help clients make informed choices around bankruptcy and personal insolvency to ensure the best personal and stakeholder outcome.
Creditor advisory services
Our credit advisory services team works provides clients with credit management assistance and credit advice to recapture otherwise lost value.
Small business restructuring process
We provide expert advice and guidance for businesses that may need to enter or are currently in small business restructuring process.
Asset tracing investigations
Our team of specialist forensic accountants and investigators have extensive experience in tracing assets and the flow of funds.

Related insights:

Insight The rise in retail insolvencies

Rising costs, supply chain disruptions, and shifting consumer behaviour are pushing many retailers to the edge. Taking immediate action to reduce operational expenses and prioritise cash flow management can give businesses the breathing room they need. Retailers must adapt quickly to survive these challenging market conditions and avoid insolvencies.

| 4 min read | 22 Oct 2024

Restructuring and turnaround

We help clients identify and undertake restructuring and turnaround initiatives to preserve profitability and protect and recover value.

See Overview

Independent business reviews
Does your company need a health check? Grant Thornton’s expert team can help you get to the heart of your issues to drive sustainable growth.
Commercial performance
We help clients improve commercial performance, profitability and address challenges after internal or external triggers require a major business model shift.
Safe Harbour advisory
Our Safe Harbour advisory helps directors address requirements for Safe Harbour protection and business turnaround.
Corporate simplification
We provide corporate simplification and managed wind-down advice to help streamline and further improve your business.
Director advisory services
We provide strategic director advisory services in times of business distress to help directors navigate issues and protect their company and themselves from liability.
Debt advisory
We work closely with clients and lenders to provide holistic debt advisory services so you can raise or manage existing debt to meet your strategic goals.

Related insights:

Insight The rise in retail insolvencies

| 4 min read | 22 Oct 2024

Business services

We work with private businesses across Australia – and internationals looking to Australia for their investments and operations – on all accounting and...

See Overview

Business planning & strategy
Our clients can access business planning and strategy advice through our value add business strategy sessions.
Private business company secretarial services
We provide company secretarial services and expert advice for private businesses on all company secretarial matters.
Outsourced accounting services
We act as a third-party partner to international businesses looking to invest in Australia on your day-to-day finance and accounting needs.
Superannuation and SMSF
We provide SMSF advisory services across all aspects of superannuation and associated tax laws to help you protect and grow your wealth.
Management reporting
We help you build comprehensive management reporting so that you have key insights as your business grows and changes.
Financial reporting
We help with all financial reporting needs, including set up, scaling up, spotting issues and improving efficiency.
Forecasting & budgeting
We help you build and maintain a business forecasting and budgeting model for ongoing insights about your business.
ATO audit support
Our team of experts provide ATO audit support across the whole process to ensure ATO requirements are met.
Family business consulting
Our family business consulting team works with family businesses on running their businesses for continued future success.
Private business taxation and structuring
We help private business leaders efficiently structure their organisation for optimal operation and tax compliance.
Outsourced CFO services
Our outsourced CFO services provide a full suite of CFO, tax and finance services and advice to help clients manage risk, optimise operations and grow.

Environmental, Social and Governance (ESG)

Having a considered and informed ESG response has never been more important for all organisations as we are seeing awareness of the elements of ESG continue to...

See Overview

ESG & sustainability reporting
There is a growing demand for organisations to provide transparency on their commitment to sustainability and disclosure of the nonfinancial impacts of their business activities. Commonly, the responsibility for sustainability and ESG reporting is landing with CFOs and finance teams, requiring a reassessment of a range of reporting processes and controls.
ESG & sustainability advisory
With the ESG and sustainability landscape continuing to evolve, we are focussed on helping your business to understand what ESG and sustainability represents and the opportunities and challenges it can provide.
ESG, sustainability and climate reporting assurance
As the demand for organisations to prepare information in relation to ESG & sustainability continues to increase, through changes in regulatory requirements or stakeholder expectations, there is a growing need for assurance over the information prepared.
ESG Due Diligence
As environmental, social, and governance (ESG) considerations become increasingly pivotal for dealmakers in Australia, it is important for investors to feel confident in assessing transactions through an ESG lens.

Related insights:

Report Unpacking Australian Sustainability Reporting: What’s really required?

Senate has now passed legislation mandating climate-related disclosures and businesses must have an understanding of what the AASB sustainability standards actually require for compliance.

16 Sep 2024

Consulting

Our consulting team supports its clients with hands-on and proactive advice on all aspects of their strategies for sustainable growth.

See Overview

Management consulting
Our management consulting services team helps you to plan and implement the right strategy to deliver sustainable growth.
Financial consulting
We provide financial consulting services to keep your business running so you focus on your clients and reaching strategic goals.

Related insights:

Insight Revolutionising warehouse automation: the impact of Robots as a Service

As Retailers face increasing pressure to enhance efficiency and reduce costs, Robots as a Service (RaaS) is emerging as a game-changer in warehouse automation. Offering a scalable, subscription-based model, RaaS allows businesses to integrate cutting-edge robotics without the burden of upfront investment.

Richard Bycroft

| 5 min read | 17 Oct 2024

Asia

The growth gateway

See Overview

China practice
The investment opportunities between Australia and China are well established yet, in recent years, have also diversified.
Japan practice
The trading partnership between Japan and Australia is long-standing and increasingly important to both countries’ economies.
India practice
It’s an exciting time for Indian and Australian businesses looking to each jurisdiction as part of their growth ambitions.
Singapore practice
Our Singapore Practice works alongside Singaporean companies to achieve growth through investment and market expansion into Australia.
Vietnam practice
Investment and business opportunities in Vietnam are expanding rapidly, driven by new markets, diverse industries, and Vietnam's growing role in export manufacturing, foreign investment, and strong domestic demand.

Related insights:

Client Alert Consultation on foreign resident CGT rules commences

Treasury is taking steps to ensure fairer tax treatment for foreign resident investors by tightening Australia's foreign resident Capital Gains Tax (CGT) regime. Proposed changes aim to broaden the CGT base and enhance integrity, impacting infrastructure, energy, agriculture, and more.

| 6 min read | 07 Aug 2024

Industries

Agribusiness, Food & Beverage

Supporting the growth of ‘Australian Made’ in today’s markets

See Overview

Related insights:

Client Alert Government Grants in FY25
As we embark on a new financial year, it’s crucial to take a strategic approach to understanding the government grants landscape.

Simone Barker
| 12 min read | 09 Aug 2024
Client Alert Consultation on foreign resident CGT rules commences
Treasury is taking steps to ensure fairer tax treatment for foreign resident investors by tightening Australia's foreign resident Capital Gains Tax (CGT) regime. Proposed changes aim to broaden the CGT base and enhance integrity, impacting infrastructure, energy, agriculture, and more.

| 6 min read | 07 Aug 2024
Insight Australian wine export strategies post-China tariff removal
Following the recent removal of tariffs on Australian wine by China, the industry is keen to rebuild relations and explore the right export markets. This presents Australian wine producers with a chance to reassess their position in the global market.

| 5 min read | 24 Jul 2024
Insight Cultivating innovation: A guide to claiming the R&D Tax Incentive in the Agribusiness sector
To facilitate continued innovation in the Agribusiness sector, the Federal Government’s Research and Development Tax Incentive supports companies to undertake research and development activities that meet the eligibility criteria.

Sandie Boswell
| 7 min read | 12 Jun 2024

Energy & Resources

From an active natural resources M&A market, a growing energy and renewable energy market, to new technologies and export and trade agreements – we have the...

See Overview

Renewable Energy
Transformation through energy transition

Related insights:

Insight Tax planning essentials for successful M&A transactions

Discover key tax planning steps for a smooth, tax-efficient M&A transaction.

Mark Trewhella

| 6 min read | 04 Nov 2024

Financial Services

Working with the sector to understand and manage risk, embrace opportunity and support regulatory compliance

See Overview

Health & Aged Care

Working alongside health, disability & aged care providers in a challenging environment

See Overview

Life Sciences

On track for innovation and growth

See Overview

Manufacturing

Supporting the growth of the innovators, the IP generators and the job creators

See Overview

Not for Profit

Supporting social impact organisations to deliver for communities

See Overview

Professional Services

Setting Australia’s knowledge powerhouse up for success

See Overview

Real Estate & Construction

Supporting the sector to respond to economic and social shifts

See Overview

Retail & Consumer Products

Our aim is to help you find a better, simpler, more efficient, and more profitable way of doing things to keep your business safe and help you grow.

See Overview

Technology, Media & Telecommunications

Exciting, fast paced, innovative and disruptive

See Overview

Careers

Alumni

Careers

At Grant Thornton we do things differently because we understand that when you strive for better and care about what you do remarkable things are possible.

See Overview

Working at Grant Thornton

At Grant Thornton we reach for remarkable and set the bar high to deliver a strikingly different experience for our people.

See Overview

Flexibility & benefits
The compelling client experience we’re passionate about creating at Grant Thornton can only be achieved through our people. We’ll encourage you to influence how, when and where you work, and take control of your time.
Your career development
At Grant Thornton, we strive to create a culture of continuous learning and growth. Throughout every stage of your career, you’ll to be encouraged and supported to seize opportunities and reach your full potential.
Diversity & inclusion
To be able to reach your remarkable, we understand that you need to feel connected and respected as your authentic self – so we listen and strive for deeper understanding of what belonging means.
In the community
We’re passionate about making a difference in our communities. Through our sustainability and community engagement initiatives, we aim to contribute to society by creating lasting benefits that empower others to thrive.

Early careers

Here, you’ll join a collaborative, agile and dynamic firm that delivers quality services in Assurance, Tax, Financial Advisory, Private Advisory and...

See Overview

Graduate opportunities
As a new graduate, we aim to provide you more than just your ‘traditional’ graduate program; instead we kick start your career as an Associate and support you to turn theory into practice.
Vacation program
Our vacation experience program will give you the opportunity to begin your career well before you finish your degree.
The application process
Applying is simple! Find out more about each stage of the recruitment process here.
FAQs
Got questions about applying? Explore frequently asked questions about our early careers programs.
Our services lines
Learn about our services at Grant Thornton
Current opportunities
Current opportunities

Experienced careers

Ready to take the next step in your career? You’ve worked hard to establish your career, now it’s time to make it remarkable.

See Overview

Remarkable people
Our team members share their remarkable career journeys and experiences of working at Grant Thornton.
Working at Grant Thornton
Explore our culture, benefits and ways we support you in your career.
Current opportunities
Positions available.
Contact us
Get in touch

Alumni

Be a part of something great – join Grant Thornton’s Alumni program

See Overview

Client Alert

Government grant funding: what to expect in 2023

By:

Simone Barker

01 Feb 20238 min read

2022 was a year marked by unique opportunities and challenges for Australian manufacturing businesses, with many regaining growth momentum after pandemic lockdowns. There has been some uncertainty in government landscapes both federally and in some states.

Contents

Increasing inflationary pressures look set to continue into the new year and government grants are an alternate funding source for businesses looking to acquire and update equipment.

It is difficult to predict what grants will be available, and when – on top of this it is a competitive process. We’ve compiled a list of government grant funds to keep an eye out for in the new calendar year – read on for our thoughts on what to expect in 2023.

Who are these grants best for?

It’s no secret there are a plethora of grants available – over 4,000 programs on offer annually. However, the real value is knowing which grant program best matches your needs, and thereby where to focus your time and energy. Good applications take time and skill, and investing in an application without strong project to government policy alignment is not recommended.

We can help you translate your corporate strategy into an actionable grant targeting plan, with services to support you to identify the grants you need, help you confidently qualify identified opportunities and ensure you are ready to make an application within the tight application window.

Government grant funding is available to support businesses with projects that can demonstrate strong benefits to our economy. Job creation, export focus, new technology or capability development are all areas state and federal governments are keen to support. Sectors like Agriculture, Defence, Energy, Food & Beverage, Health, Medtech and Life Sciences, Mining, Resources and Critical Minerals, and Space are often targets for government funding and incentives.

Federal Grants

National Reconstruction Fund

The $15bn National Reconstruction Fund (NRF) is the Albanese Government’s centrepiece policy for the manufacturing sector. The NRF seeks to diversify and transform Australian industry and economy, driving sustainable economic growth.

The NRF will be modelled on the Clean Energy Finance Corporation and governed by an independent board making investment decisions, with finance options including loans, equity investment and guarantees. The NRF will target:

renewables and low emissions technologies
medical science
transport
value-add in the agriculture, forestry and fisheries sectors
value-add in resources
defence capability
enabling capabilities.

The Government is currently calling for public consultation on the implementation of the NRF and the investment mandate. Public consultation will close on 3 February 2023 – see more information here. The next stage of the process is an industry co-investment planning process.

If you’d like to keep up to date with the NRF and would like to discuss your project, contact us today.

OTHER GRANTS TO CONSIDER

Program Name	Manufacturing Focus	Timing	Funding	Action
ARENA grant programs, including the Advancing Renewables Program (ARP) and Future Fuels Program	Renewable Energy, clean technology	Ongoing	Various	Monitor and connect with Grants team for grants funding discussion.
Sovereign Industrial Capability Priority Grant (SICPG) and other Defence programs	SMEs building industrial capabilities for Defence sector	Assessed in batches	Up to $1 million (50% co-contribution)	Connect with Grants team for grants funding discussion.
Industry-lead research collaboration programs - co-operative research centre (CRC) grants and co-operative research centre projects (CRC-P) grants	Industry and research collaborations	Now open	CRC – up to 50% eligible funds CRC-P – up to $3 million	Connect with Grants team for grants funding discussion.

State Grants

VICTORIA

After a period of uncertainty, political stability has returned with the continuing Labor government. The government recently released its Advancing Victorian Manufacturing strategy. As such, we are expecting a number of exciting grant opportunities for Victorian manufacturers, including the imminent Business Competitiveness Program.

Priority industry sectors include: agriculture, advanced manufacturing, medtech manufacturing, mining and resources, cultural and creative economy, small business, tourism, sports and major events.

Program Name	Manufacturing Focus	Timing	Funding	Action
Business Competitiveness Program (BCP)	Manufacturers seeking to expand or enhance their manufacturing capabilities	Round 2 anticipated to open early 2023 (e.g. January 2023)	Up to $500,000 (up to 33% of eligible project expenditure)	Connect with Grants team for grants funding discussion
Medtech Manufacturing Capability Program	Manufacturers and medical technology businesses to build capability and capacity.	New round anticipated in 2023	Up to $500,000 (50% cash contribution basis)	Monitor and connect with Grants team for grants funding discussion
Regional Jobs and Infrastructure Fund	Regional development – infrastructure or job creation projects	Open, ongoing	Various	Connect with Grants team for grants funding discussion
Breakthrough Victoria Fund	High impact, innovative companies in priority industries: health and life science; clean economy; advanced manufacturing; agri-food; digital technologies. Breakthrough Victoria Challenge: solar PV recycling and material extraction solutions.	Open, ongoing	Various – pre-seed ($150,000) to growth equity ($40 million) investments.	Connect with Grants team for grants funding discussion

NEW SOUTH WALES

While NSW was impacted by floods this year, it is now focused on strong economic recovery. In the last quarter, the state offered a number of grant opportunities for projects in the critical minerals and clean energy space.

NSW will head into caretaker mode soon ahead of its state election in March 2023. There will be a lull in grant funding opportunities for NSW businesses until the outcome of the election, and should there be a change of government, this may introduce further funding uncertainties for the state.

Priority industry sectors include: emerging industries - clean energy and waste; defence and aerospace; digital systems and software; medical and life sciences; existing industries – international education; visitor economy; agriculture and agrifood; resources; core enabling technologies - advanced manufacturing, biotechnology, digital technology including fintech.

Program Name	Manufacturing Focus	Timing	Funding	Action
Programs under the $703 million Future Economy Fund	Priority industry areas such as modern manufacturing, medtech, defence and aerospace	Pending	TBC	Consider your project pipeline and grants strategy. Connect Grants team.
New rounds of the Critical Minerals and High-Tech Metals Activation Fund	Technology, manufacturing and mining industries	Pending	TBC	Consider your project pipeline and grants strategy. Connect Grants team.
New rounds under the NSW Environmental Trust	Clean technology, recycling and environmental projects	Various	Various (e.g. up to $3 million for Clean Technology Research and Development grant)	Consider your project pipeline and grants strategy. Connect Grants team.
Regional Job Creation Fund	Job creation in regional NSW	Round 3 now open, closes 6 March 2023	$100million pool	Connect with Grants team now.
Regional Investment Activation Fund – Stream 2	Priority industry areas in regional NSW	Ongoing until Dec 2024 or when fund exhausted	Up to $10 million	Connect Grants team.

QUEENSLAND

Queensland remained a politically stable landscape in 2022 and we anticipate the same in 2023. With the recently revamped Advanced Manufacturing 10 Year Roadmap and Action Plan and the Energy and Jobs Plan, Queensland looks to continue strong support for its manufacturing and clean energy sectors. In its recent State budget update, Queensland forecasted solid economic growth and will focus on reinvesting into the economy.

Priority industry sectors include: advanced manufacturing, hydrogen, biofutures, biomedical, defence, aerospace, space, resource recovery and METS.

Program Name	Manufacturing Focus	Timing	Funding	Action
Manufacturing Hubs Grant Program	Manufacturers across five eligible regions: Cairns, Central Queensland, Gold Coast, Mackay and Townsville.	Round 3 opening early 2023	TBC – guidelines to be released soon. Expecting up to $2.5 million available.	Connect with Grants team.
Industry Partnership Program	Priority industry sectors.	Ongoing	Based on individual project costs	Connect with Grants team.
Made in Queensland	SME manufacturers to increase international competitiveness, productivity and innovation	Round 6 anticipated for mid-late 2023	Up to $500,000 (33% co-contribution)	Connect with Grants team.
Invested in Queensland – Strategic Investment Scheme and the Investment Support Scheme	Priority industry sectors	Ongoing	Various – financial, fiscal and non-monetary support available. Discretionary program.	Connect with Grants team
Clean Energy programs	Technology, clean and renewable energy sectors	TBC	TBC	Consider your project pipeline and grants strategy. Connect with Grants team.
Future programs under - Queensland Energy and Jobs Plan - Regional Economic Futures ($200 million)	Priority sectors	TBC	TBC	Consider your project pipeline and grants strategy. Connect with Grants team.
Future programs under - Critical Minerals Investment Fund ($100 million) - Critical Minerals Common User Infrastructure ($150 million)	Mining and METS, technology and energy industries	TBC	TBC	Consider your project pipeline and grants strategy. Connect with Grants team.

WESTERN AUSTRALIA

Western Australia remains a stable grants landscape for businesses. In 2023, we anticipate grant focuses on the clean and renewable energy sectors.

Priority industry sectors include: energy, tourism, international education, defence, mining and METs, space, health and medical life science, primary industries.

Program Name	Manufacturing Focus	Timing	Funding	Action
Carbon Innovation Grants	Technology, clean and renewable energy sectors	Round 2 pending	TBC – potentially up to $1.5 million (up to 75% co-contribution)	Consider your project pipeline and grants strategy. Connect with Grants team
Collie Industrial Transition Fund	Green manufacturing, energy intensive industries and future clean energy industries in Collie	Expressions of Interest now open	From $2 million (50% co-contribution). Fund pool of $200 million.	Connect with Grants team
Investment Attraction Fund	Industry-led diversification proposals from new and emerging businesses in priority sectors.	Round 2 expected in 2023	TBC. $80m committed in State Budget over next 4 years	Consider your project pipeline and grants strategy. Connect with Grants team

Government grant funding: what to expect in 2023

Who are these grants best for?

National Reconstruction Fund

OTHER GRANTS TO CONSIDER

VICTORIA

NEW SOUTH WALES

QUEENSLAND

WESTERN AUSTRALIA

Connect

About

Legal

Government grant funding: what to expect in 2023

Who are these grants best for?

National Reconstruction Fund

OTHER GRANTS TO CONSIDER

VICTORIA

NEW SOUTH WALES

QUEENSLAND

WESTERN AUSTRALIA

Related content

Subscribe now to be kept up-to-date with timely and relevant insights, unique to the nature of your business, your areas of interest and the industry in which you operate.