Local communities that have been hit the hardest by the loss of regional tourism are a step closer to sharing in $200 million for tourism infrastructure under a fifth round of the successful Building Better Regions Fund (BBRF).
Deputy Prime Minister and Infrastructure, Transport and Regional Development Minister Michael McCormack said the launch of the program guidelines meant prospective applicants could now begin planning their project applications for assessment.
“The Australian Government is supporting regional communities across the nation with a particular focus in this round on regional tourism,” McCormack said.
“Our regional communities across Australia have had a year like no other, battling bushfires, the continuing effects of the prolonged drought and COVID-19, while still doing so much to support our exports and the wider economy.
“We are backing those efforts with $100 million of targeted support for tourism-related infrastructure, while maintaining $100 million for broader community infrastructure and investment.”
The Federal Government has funded almost 1000 projects through the BBRF since it was introduced in 2016.
Round Five brings the Federal Government’s total commitment for the BBRF to more than $1 billion over seven years.
The guidelines have now been released and can be found at www.business.gov.au/bbrf meaning local proponents can now start developing their applications.
Applications open on 12 January 2021 and close on 5 March 2021. Successful applicants are expected to be announced in mid-2021.