Appendix A: Policy Decisions taken since the 2012-13 Budget (Continued)
Expense Measures (Continued)
Foreign Affairs and Trade
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The Government provided $0.5 million in 2011‑12 to the Auschwitz‑Birkenau Foundation perpetual fund. The Foundation aims to create a sustainable and ongoing long‑term conservation program to safeguard the remains of the Auschwitz concentration camp for future generations.
Australian Trade Commission — existing savings measures — continuation
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The Government will achieve savings of $4.4 million over two years from 2014‑15 through the continuation of existing savings measures that are due to terminate at the end of 2013‑14.
This measure builds on the Mid‑Year Economic and Fiscal Outlook 2010‑11 measure Foreign Affairs and Trade Portfolio — efficiencies.
Export Market Development Grants program — retargeting
|Australian Trade Commission||‑||‑25.0||‑25.0||‑25.0||‑25.0|
The Government will retarget the Export Market Development Grants program towards emerging and frontier markets, with a focus on Asian markets. This measure complements the recent review of Austrade, which recommended that Austrade's export promotion work be undertaken in the world's emerging and frontier markets, where the commercial opportunities are the greatest and where Australian businesses can benefit most from Government support.
This measure will save $100.0 million over four years.
Savings from this measure will be redirected to support other Government priorities.
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