AusIndustry has been sending out letters lately informing the official closure of the Clean Technology Programs. The current Australian Government has committed to abolishing the carbon tax and they expect in doing so they will lower the costs for Australian businesses and manufacturers. This will hopefully promote growth and costs.
As such, the Australian Government has decided to discontinue business compensation measures that were introduced to provide partial relief from the carbon tax. The programs that have been discontinued are Clean Technology Investment Program, Clean Technology Food and Foundries Investment Program and Clean Technology Innovation Program.
No new applications were accepted from 22 October 2013, and the closure of these programs published on 11 November 2013.