Australian Government is driving $1 billion transformation of the waste and recycling sector
On 29 March 2022, the Australian Government released the 2022–23 Portfolio Budget Statement for the Department of Agriculture, Water and the Environment.
This Budget, the Department is taking our investment in recycling and waste to a whole new level:
- $60.4 million to help industry bring on-line new technology and infrastructure to tackle hard to recycle plastics
- $30 million to extend the Recycling Modernisation Fund to regional areas
- $8.2 million will establish a national ReMade in Australia brand to give consumers confidence and pride in buying products that have been re-manufactured in Australia
- $4.4 million to support Australia’s world-first waste export ban
The Government is helping to drive a $1 billion transformation of the sector, creating 10,000 jobs and a stronger, cleaner future for Australia
This new funding targets some of the particularly complex challenges Australia faces in reducing waste to landfill and increasing recycling rates. Together with existing investments, these measures will futureproof Australia’s ability to develop, collect, recycle and remanufacture resources – ensuring that we prevent pollution and support a growing economy.
More details can be found on the Department of Agriculture, Water and the Environment website.