THE Australian Government will invest more than $126 million into 67 successful projects worth a total of $462 million, under the third and final round of the National Stronger Regions Fund, Regional Development Minister Fiona Nash announced last week.
"The Coalition's investment of more than $126 million will make 67 projects worth a total of $462 million a reality," Minister Nash said.
"This fund has spurred serious investment across the nation—investment which would not have happened without the NSRF.
"We're building tourism, water and transport projects as well as cultural, sporting and healthcare facilities. Projects all over Australia are benefiting from the Coalition's injection of funding.
"Projects like the Dubbo airport upgrade are a real shot in the arm to the western and Orana regions of NSW. The Coalition's $6.6 million into a $17.5 million project will pay off in spades.
"I'm proud of projects like the Logan Autism Centre of Excellence. The Coalition Government will invest nearly $1 million to deliver state-of-the-art support facilities for high-needs autistic children and provide critical early intervention services for children and their families, including to help prepare them for school."
"Naturally, with 479 applications, there are many more applicants who miss out than win funding. However, a specialist within the Department of Infrastructure and Regional Development will give tailored feedback on unsuccessful applications."
Minister Nash said the Government was currently developing guidelines for a new regional fund, to be known as the Building Better Regions Fund, with the first round expected to open later this year.
"The Building Better Regions Fund will focus exclusively on areas outside of major capital cities," Minister Nash said.
"A new community investment stream will be added to help build rural, regional and remote communities. Further, projects will compete against other projects of similar size—small community applications will not be judged against huge infrastructure projects.
"The details of the new Building Better Regions Fund will be announced in coming months."
A full list of successful round three National Stronger Regions Fund projects is available from the Department of Infrastructure and Regional Development website at <http://investment.infrastructure.gov.au/funding/NSRF/index.aspx>.