Regional Development Australia, Adelaide Hills, Fleurieu and Kangaroo Island provides a vital link between local community stakeholders and government, advising the Australian Government on critical issues affecting economic development in regions and enhancing awareness of Australian Government programs.
Building Better Regions Fund Infrastructure Projects Stream
Provides organisations with grants of between $20,000 to $10 million to support projects which involve the construction of new infrastructure, or the upgrade or extension of existing infrastructure that provide economic and social benefits to regional and remote areas.
Building Better Regions Fund Community Investments Stream
Provides organisations with grants of between $5,000 to $10 million to new or expanded local events, strategic regional plans, or leadership and capability strengthening activities that provide economic and social benefits to regional and remote areas.
Drought is an enduring feature of the Australian landscape. It has significant economic, social and environmental impacts. The $5 billion Future Drought Fund provides secure, continuous funding for drought resilience initiatives. It will help Australian farms and communities prepare for the impacts of drought.
The Drought Communities Program (DCP) supports communities in the most drought-affected regions of Australia and builds on the more than $7 billion in additional Australian Government drought support measures already announced.
The Australian Government has established the Community Development Grants Program to support needed infrastructure that promotes stable, secure and viable local and regional economies.
Stronger Communities Program
This program provides grants of between $5,000 and $20,000 to community organisations and local governments for capital projects. Rounds one and two of the SCP were very successful, with a wide variety of critical projects funded across Australia. Projects included building upgrades and equipment for sporting clubs, aged care facilities and community groups.
The Regional Growth Fund will provide grants of $10 million or more for major transformational projects which support long-term economic growth and create jobs in regions, including those undergoing structural adjustment.
The Australian Government has established a Regional Investment Corporation (RIC) to deliver up to $4 billion in farm business concessional loans and the National Water Infrastructure Loan Facility. The RIC streamlines delivery of loan arrangements, delivers national consistency and ensures farm business loans are speedily approved to help farm businesses in need. It will also provide loans to State and Territory governments for the construction of nationally significant water infrastructure such as new dams.
The Government’s Industry Growth Centres Initiative focuses on six industry sectors with high growth potential, where Australia has competitive strengths. Three of the Growth Centres (Food and Agribusiness; Mining Equipment, Technology and Services; and Oil, Gas and Energy Resources) are sectors primarily operating in and benefitting regional areas. Other Growth Centres (including Advanced Manufacturing and Cyber Security) are important enablers for both urban and regional businesses. The Government has established these Industry Growth Centres in a long-term partnership with key industry leaders to improve the productivity and competitiveness of these sectors, help firms grow and prosper, and generate economic growth and employment across Australia.
The National Broadband Network represents the largest rollout of telecommunications infrastructure ever undertaken in Australia. In addition to providing fixed line broadband services to 2.5 million regional premises, the Australian Government is investing an expected $2.5 billion in capital expenditure on NBN Co’s fixed wireless network, and approximately $2 billion on the Sky Muster service. The rollout is more progressed in regional areas than in metropolitan areas.
The Mobile Black Spot Program is improving mobile coverage along major regional transport routes and in small communities.