Changes to Australian Government’s investment in regional programs
The Australian Government is committed to providing equitable and fair access to funding for community infrastructure that will help drive economic prosperity across the regions.
The Minister for Infrastructure, Transport, Regional Development and Local Government the Hon Catherine King MP has announced that following extensive consultation and review of the funding process, the Australian Government is adopting a new approach to restore accountability, transparency and fairness to regional infrastructure grant programs. To read Minister King’s media release, go to: Restoring Integrity to Regional Funding
On Tuesday 25 October 2022, the Federal Budget provided details on changes to the Government’s investment in Australia’s regions. This budget includes a commitment to $1 billion worth of investment over 3 years in community programs to improve regional liveability.
There will be two new regional investment programs - the regional Precincts and Partnerships Program and the Growing Regions Program.
The regional Precincts and Partnerships Program will provide a strategic, nationally consistent mechanism for funding and coordinating larger-scale projects that transform a place, to benefit communities in regional cities and wider rural and regional Australia.
The Growing Regions Program will deliver investment in regional infrastructure and community projects for regional local councils and not-for-profit organisations through an open and competitive grants process.
As previously announced, the following two grant programs will close:
- Building Better Regions Fund - all contracted projects from Rounds 1-5 will be honoured. Round 6 will not proceed. Applicants who applied for funding under Round 6 of the BBRF will be able to apply for the Growing Regions Program.
- Community Development Grants Programme - will be replaced by more transparent models of delivering election commitments and will be delivered through the new Priority Community Infrastructure and Investing in Our Communities Programs.
For more information, go to: