Department of Foreign Affairs and Trade The Morrison Government is taking action to provide additional support for Australia’s business events industry. The Government today announced it would provide: an additional $3 million for its successful Business Events Bid Fund Program to attract international events to Australia and that the program would be extended by 12 months. an additional $1 million towards its domestic-focussed Business Events Boost Program, which provides support to industry-led business events marketing and distribution projects. Minister for Trade, Tourism and Investment Dan Tehan said the business events sector contributed $36 billion to the Australian economy before COVID-19. “Since its launch in 2018, the Business Events Bid Fund Program has helped attract 40 international events to Australia worth approximately $411 million in economic value,” Mr Tehan said.