12 Aug 2020 --- The Australian Government has committed $190 million (US$134 million) to a new Recycling Modernisation Fund (RMF) that will generate $600 million (US$428 million) of recycling investment and drive a billion-dollar transformation of Australia’s waste and recycling capacity. The RMF is expected to create more than 10,000 jobs and divert more than 10 million tons of waste from landfill. The fund will support innovative infrastructure to sort, process and remanufacture materials such as mixed plastic, paper, tires and glass, with Commonwealth funding contingent on co-funding from industry, states and territories.