Townsville Bulletin

Budget an absolute boon for region

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REGIONAL Developmen­t Australia Townsville and North West Queensland ( RDA) welcomes the Federal Government’s commitment to the future economic growth of regional Queensland in the 2017 Federal Budget.

The Government is investing almost $ 500 million through the 2017- 18 Budget in regional infrastruc­ture.

This includes boosting the Building Better Regions Fund ( BBRF) by $ 200 million, bringing total funding to $ 497 million over four years. RDA provided assistance to councils and not- for- profits in the first round of BBRF earlier this year, with projects to be announced in coming months.

The BBRF provides rural and regional areas the opportunit­y to choose their own priority projects.

The Government has also establishe­d the Regional Growth Fund, which will include $ 272 million to provide grants for $ 10 million or more for major projects.

We also welcome the announceme­nt the Government has committed to a third round of the Stronger Communitie­s Program, with $ 22.5 million available in 2017- 18.

The Federal Government is also continuing the Regional Developmen­t Australia Committee program.

Our RDA will continue to build on our work of developing local jobs, attracting local investment and building economic growth in the Townsville and North West region.

GLENYS SCHUNTNER, CEO, RDA Townsville and

North West Queensland.

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