Summary

Amends the

to: extend the Export Market Development Grants (EMDG) scheme to 2015-16; reduce the maximum grant to $150 000; reduce the maximum number of grants available for an individual recipient to seven; cap intellectual property registration expenses at $50 000; increase the minimum expenses threshold to $20 000; increase the income limit for members of approved joint ventures/consortia to $50 million; remove approved trading houses as an eligible special approval applicant category; reinstate disqualifying convictions; enable Austrade to impose conditions on the accreditation of EMDG consultants; and make changes in relation to applications submitted by accredited EMDG consultants.