Milestone Reports Due 15th June – 6 weeks to go.
Not long to go now.
Yes, we remind (nag) you again about your legal obligation to lodge your 2025/2026 EMDG milestone report by June 15th.
6 weeks is not a long time. It is about the same time as the gestation period for a baby Kangaroo, albeit the offspring then have a nice comfy pouch to continue growing.
No such safety net for EMDG applicants.
Austrade is yet to advise what happens if you do not make the lodgment date. I would expect a short grace period of about 2 weeks.
We have 20% of clients who are yet to contact us. You would know who you are, so please do with a sense of urgency.
We are working on the balance.
Most of the milestone reports lodged to date have been assessed and paid.
Payments are now within 2 weeks of lodgment.
Lodge now to be paid.
Lodge now – a double whammy!
For those clients who have grant agreements with the $20,000 prepayment option for the 2025/2026 (paid already back in June 2025) and for 2026/2027 (payable in June 2026) the following apply.
- If you have lodged your 2026 milestone report well before June 15th and it has been approved you will be paid your 2026/2027 grant prepayment, that is another $20,000 in June.
- If you have not lodged your 2026 milestone report or do so at the last moment so your 2026/2027 prepayment will be delayed, post June 30th.
Lodging now means double the cashflow to you before year end.
You cannot do any better!
EMDG and the Federal Budget
Less than 2 weeks to go. Like the gestation period for a Virginia Opossum!
I do not expect any good news or in fact any real news about EDMG in the budget, which has been the case in recent years.
The Minister may however tie in the release of the 2025 Independent Review report of the scheme with any budget news about the future of EMDG.
We will just have to see what happens.
We keep you informed of anything that is newsworthy from an EMDG perspective.