Extra $261 million to support critical airfreight links

IFAM extended.

Extra $261 million to support critical airfreight links

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.