Regional Growth Fund
The Australian Government will provide $472.2 million over four years from 2017-18 to establish a Regional Growth Fund.
The Regional Growth Fund includes $272.2 million to provide grants of $10.0 million or more for major transformational projects which support long-term economic growth and create jobs in regions undergoing structural adjustment.
Also in the Regional Growth Fund is a further $200 million for the Building Better Regions Fund (BBRF) for four years from 2017-18. This builds on the commitment to the BBRF at the 2016 election, bringing the BBRF to nearly $500 million.
Please monitor this website for any announcements regarding funding under the Regional Growth Fund.