International Freight Assistance Mechanism

Overview

The IFAM program is a temporary, emergency measure in response to an extraordinary situation. The Tranche 2 of IFAM gives Australian businesses more time to re-engineer their business models and adjust to a new and more challenging environment created by COVID-19. The intended outcomes of the IFAM grants are to: • increase the volume of Australian outbound freight (and inbound medical supplies) to encourage the return of international freight providers; • reduce the impact on exporters of Australian high-value and time-sensitive perishable products, of freight cost increases caused by the COVID-19 impact; and • enable Australian exporters of high-value and time-sensitive perishable products to keep exporting and thereby keep Australian employees in jobs during the economic crisis caused by COVID-19.