Federal Budget 2013: ARENA funding deferral

17 May 2013Archived News Climate Change Matters

The renewables field has been subjected to a trimming and reshaping, with $370 million of project finance for ARENA pushed into forward estimates.

It’s worth noting that funding can only be deferred with a change to ARENA’s legislation, and so it requires the support of the Coalition (as the Greens will oppose in the Senate).

Also announced was an increase in departmental funding for ARENA of $6 million, suggesting that current staff have significant workload demands. With this additional funding, we should see enhanced ability for engagement, including more detailed feedback on applications.

Energetics’ can assess your renewables options and advise on applying to ARENA for funding to support projects.

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