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Over $300 million funding to bolster Supply Chain Resilience initiative

Prime Minister Scott Morrison says the federal government has invested over $300 million into its Supply Chain Resilience plan to higher stand up to shocks from the pandemic, conflict in Ukraine and geopolitical tensions.

Mr Morrison mentioned the plan consists of funding into CSIRO, mapping initiatives, transport and community instruments, and a nationwide plan for semiconductors.

“Securing our supply chains is a fundamental part of keeping Australia stronger and more secure,” he mentioned.

“That’s how you grow a strong economy.”

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