I had a quick look at the government website regarding federal major project status and it doesn’t appear that issuing grants is a part of it, appears to be primarily for streamlining the approvals and admin process from territory to federal level.
I would assume federal approvals are likely to include any FIRB matters which may arise.
https://www.business.gov.au/grants-and-look programs/majorproject-status
Next big announcements?, page-81
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