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ARENA Budget statement

Category

News

Date

13 May 2014

Project

N/A

The Australian Government has announced its intention to repeal the ARENA Act and abolish ARENA, returning its functions to the Department of Industry and returning $1.3 billion to consolidated revenue.

The Budget changes do not affect the 181 projects, worth close to $1 billion, that already have funding agreements in place with ARENA.

More information

Media release – ARENA 2014-15 Budget Statement