AUSTRALIAN Regional Development Minister Fiona Nash last week announced that 110 rural, regional and remote projects have been successful under the infrastructure stream of Round One of the Building Better Regions Fund (BBRF) program.
The BBRF program provides funding for infrastructure and community investment projects to create jobs, drive economic growth and build stronger regional communities into the future. The Australian Government will invest $219.5 million in the 110 successful projects, which are worth a total of $467.9 million. The successful projects from the community investments stream are due to be announced soon.
"I aim to help build the kinds of regional communities our children and grandchildren either want to stay in or come back to, and providing infrastructure to rural, regional and remote Australia through the Building Better Regions Fund does just that," Ms Nash said.
"We're delivering all kinds of projects from a new track at Mt Panorama in Bathurst to a new reef and rainforest research centre in Cairns; affordable accommodation for aged people in Dwellingup in WA to a new permanent base for the LifeFlight helicopter base in Toowoomba.
"I congratulate these successful applicants, who were chosen from a field of 545 applications asking for almost $1 billion in Federal Government funding for projects worth a total of $2 billion.
Ms Nash said she expected to open another round of BBRF before the end of the year. A full list of successful Round One applicants for Infrastructure Projects Stream funding is available from the Australian Government website at <https://www.business.gov.au/assistance/building-better-regions-fund>.