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Federal budget outcomes for regional Australia
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20170512_S2

On Tuesday, the Australian Government released the Regional Ministerial Budget Statement Regional Australia – Driving Our Economy 2017‑18.

The statement outlines over 450 budget measures for regional Australia across health, education, employment, defence, infrastructure, telecommunications, agriculture and water resources and other portfolios.

Some of the measures include:

  • an additional $200 million provided to the Building Better Regions Fund to support the construction of community infrastructure and build the capacity of regional areas
  • the establishment of the Regional Growth Fund providing $472 million for regional infrastructure projects
  • $220 million Regional Jobs and Investment Packages

Minister for Regional Development, Senator the Hon Fiona Nash, said regional Australia is a key driver of the Australian economy.

“Regional Australia is responsible for 67 per cent of our exports and 45 per cent of the domestic tourism market.

“In addition, most food production and all production of the gas and electricity that powers our households occur in regional Australia.

“Our cities rely on regional Australia to support their way of life.”

Download a full copy of the statement on the Department of Infrastructure and Regional Development website.



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