National Stronger Regions Fund
A message from Warren Truss
The Coalition Government is getting on with delivering priority economic infrastructure projects throughout Australia with Round One of the National Stronger Regions Fund now open to receive applications.
As The Nationals promised during the 2013 election campaign, the Fund will invest $1 billion over five years and support investment in priority economic and infrastructure projects including freight and transport projects to convention centres, major multi-purpose sports and local community facilities.
These investments will have a focus on strengthening economies in Australia’s most disadvantaged regions by improving their productivity, economic opportunity, employment, and workforce skills.
The Fund will enhance the economic growth, activity and output of our regions and sustain these gains into the future. The Fund will provide grants between $20,000 and $10 million for up to 50 per cent of the cost of projects.
The Fund will invest in important infrastructure projects nominated by local communities, ensuring Australia’s regions are investing in their own future.
As well as providing direct investment in major projects that deliver economic and social benefits, the Fund will have flow on benefits, improving the capacity of organisations to deliver projects.
The Nationals in Government are committed to providing the necessary resources to assist with the growth of Australia’s regions and I am proud to be delivering on yet another key election commitment.
For more information on this new Fund, please seewww.infrastructure.gov.au/nsrf.