All posts by : Stuart

A quick update from us as we head into a new month of EMDG processing, and prophecies on what might be to come in regards to the EMDG Review.

We will have a new Trade Minister before the calendar year is out, and so the rush is on to get the legislation passed before Minister Birmingham departs office.

The new Ministerial Determinations behind the legislation are expected to be out towards the end of this month. Like a farmer awaiting rain, we at Mitco have a lot to ponder upon as we await their release.

If you have not yet lodged your 2020 EMDG application, please call us for a chat. The time to take action is now.

Click here to read our November Newsletter to find out more. 

EMDG Review Report Unpacked.

“It will have blood, they say: blood will have blood.”

“Double, double, toil and trouble; Fire burn, and cauldron bubble.” – 1606 William Shakespeare – The Tragedy of Macbeth.

What’s that got to do with Export Market Development Grants (EMDG) you ask?

Well it’s about prewarning of things that are coming to pass, maybe troubled times ahead.

Not “lead on Macduff” (yes, a misquote known to scholars of the Bard out there) – but “read on exporter”.

Click here to read our newsletter as we unpack and analyse the EMDG changes to kick in from July 1, 2021.

Picture Credit: Shakespeare Portrait GETTY

D-Day has arrived. The Referee has tossed the coin and the future of EMDG in the air.

Yesterday we got the call from Minister Birmingham’s office announcing the completion of the long awaited EMDG Review Report.

Trade Minister Birmingham has today released the report of Anna Fisher which was commissioned last year and completed pre-COVID 19.

The government will be adopting all proposed changes recommended in the report.

We put out an initial Newsletter to our Client base announcing that EMDG will fundamentally change, and some of our initial thoughts on the Review.

Click here to read our initial newsletter, with more details to come as we unpack, analyse, and summarise the 84-page report over these next days and weeks.

Click here to read the official Media Release from Minister Birmingham’s office.

And the following links to Austrade FAQs and Reform Fact Sheet.

We love a good Exporter success story, especially during these challenging times!

We recently spotted our Clients Julie and Paul Kos in the ABC News.

They run The Smoked Egg Company from their farm (of some 5,000 laying hens!) near Geelong and do exactly that – smoked fresh eggs.

From experimenting with a smoker bought for their wedding anniversary, years later they’ve managed to create a world-first product praised by Chefs of top restaurants around Australia.

Julie and Paul have travelled to Dubai and Japan, attending trade events to promote their product. The Company also holds the World Patent for the advanced smoking technique that stops the ageing process and bacteria growth in eggs. 

The EMDG assistance has helped the business to continue developing and growing these export markets and we wish them all the best in their ongoing efforts.

Now we think that’s a smoking good success story!

To read the full article via the ABC website, click the link below:

Victorian farmers create world’s first cold-smoked egg

More Good News for Exporters!

Grants up to $100,000 to be paid in full!

While the World is a now a changed place for everyone, we continue to rejoice in EMDG wins that benefit our battling Aussie Exporters.

Yes, you read right – Austrade have announced the 2019/2020 payout factor for EMDG applications will be up to $100,000. This is the biggest payout factor in the history of EMDG.

With that being said, the July, 1 EMDG Portal gates have opened and the horse has bolted. We are already working on a number of applications and like many of you, are keen to lodge as many as we can, as early as we can.

The EMDG portal has undergone some major changes and we are working our way through any teething issues. We discussed this and the rule changes for the 2020 grant year in our latest Newsletter.

Read our Winter 2020 Newsletter to find out more:

Mitco Newsletter June 2020 – Winter Edition

It turns out the pen is mightier than the sword after all!

We are today applauding the Trade Minister for his swift response and action to helping exporters doing it tough amid the COVID-19 crisis.

The Morrison Government has today announced the injection of a further $49.8 million into the Export Market Development Grants (EMDG) scheme in the 2019-20 financial year. This brings much relief to us, our client base, and the wider export community whose businesses have suffered due to the global Pandemic.

Further, some rule changes will come into effect going forward, making it easier for exporters to access these funds sooner rather than later.

To find out more, read our latest Mitco Newsflash Here.

To read the full announcement via the official Media Release, click Here.

Picture Credit: The Canadian Press