Govt gives financial backing to export hubs

The Australian government this week announced funding to back small- and medium-sized (SME) Australian businesses to tap into new markets around the world, with support for a series of export hubs across the nation.

Ten export hubs from five states will receive more than A$4.9-million under the SME Export Hubs Initiative and include industries where Australia has large growth potential including mining services, energy, food and agribusiness, and advanced manufacturing.