Extra $261 million to support critical airfreight links
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The Australian Government will provide an additional $261 million to the International Freight Assistance Mechanism (IFAM). This funding will help sustain exports to critical export markets.
The Australian Government has now provided $1.04 billion to support Australian jobs and exporters through the International Freight Assistance Mechanism (IFAM), ensuring a wide variety of Australian produce has reached its international customers.
IFAM will be maintaining global air links in the face of supply chain disruptions caused by the COVID-19 pandemic. IFAM has already:
- Supported 35,000 jobs and 120,000 jobs indirectly reliant on airfreight
- Reconnected nine Australian ports to 58 international destinations since taking flight on 1 April 2020
- Supported more than 13,000 flights
More information on IFAM is available here.