While applauding small funding wins in areas such as regional housing, market access, sustainable fuel and childcare, GrainGrowers chief executive Shona Gawel said the investments were not significant enough to meet challenges in rural Australia. The Federal Government has announced $16 million for an accelerator fund to bolster Australia-India trade and another $4 million to extend the Maitri Grants program, designed to help collaboration between cultural, business and educational groups in both countries. She said in order to capture the full benefits of trade globally, the Australian government had to invest in schemes that would help reduced both traditional barriers, such as tariffs and tariffrate quotas, along with broader technical market access issues and multilateral engagement. "While this Budget fell short of delivering the bold investments needed to unlock the full potential of the grain industry, particularly in critical areas like infrastructure, trade diversification and supply chain resilience, we remain optimistic that the upcoming federal election will bring a renewed focus and stronger commitments to regional Australia."
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