The next round of funding from the Building Better Regions Fund (BBRF) will provide $200 million for communities that have been hit hardest by the drought.
Deputy Prime Minister and Infrastructure, Transport and Regional Development Minister Michael McCormack announced the changes as part of the Federal Government’s latest package of assistance to combat the drought.
“Communities across the country are suffering from the effects of this prolonged dry-spell and this extra funding will help get local projects and infrastructure work under way to strengthen regional economies, keep tradies in work and money generating through local stores,” McCormack said.
“This kind of support helps ease pressure on drought-affected communities in these difficult times.
“The BBRF is a core plank of our commitment to supporting stronger regions and supporting local jobs by investing in ‘shovel-ready’ projects across regional Australia.”
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Drought Minister David Littleproud said the projects would see new money flow into rural towns and businesses.
“The BBRF is about building large infrastructure projects that create new jobs and provide opportunities to build on and diversify these communities economic base,” Littleproud said.
“This means more work for local tradies and businesses such as local hardware stores.”
Applications for funding opens on 14 November 2019 and closes on 19 December 2019.