Mitchell and Co – EMDG May 2026 Federal Budget Newsletter

EMDG (Export Market Development Grants) and the 2026 Federal Budget

The 2026 budget papers confirm EMDG will continue.

Funding in the forward estimates remaining at $110 million per year for the next 3 years, up to 2029/2030.

The spend level for 2025/2026 is shown to be slightly higher, $122.8 million to reflect additional funding to deal with the application over-subscription bungle for EMDG Round 4 back in November 2024.

Then back to $110 million again.

Funding in 2025/2026 and 2026/2027 assists exporters covered by Round 4 of the program.

The next funding cycle for new applications will be known as Round 5.

Round 5 will cover the years 2027/2028 and 2028/2029.

No details are known currently.

The Minister’s website does not show anything as we go to press with this update – always wanted to say that in one of our newsletters!

We anticipate the application process for Round 5 will happen in November of this year as it did for Round 4 back in 2024.

The 2025 Independent Review into the scheme is still to be published.

We expect that to happen in the coming weeks as well.

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