Australia to inject US$36m into events industry

Australia, 10th September: The Australian government announced plans to inject A$50 million (US$36 million) into its business events industry. The Business Events Council of Australia (BECA) welcomed the announcement, which it said would support the restart of business events across the country.

Under the Australian Business Events Grants Program, approved business events will be able to apply for upfront grants to cover up to 50% of their costs from A$10,000 (US$7,200) to a maximum of A$250,000 (US$180,000).