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Boost for Regional Development

The Minister for Regional Australia Simon Crean announced a $1 billion five-year program known as the Regional Development Australia Fund in his opening address to a national forum of community leaders in the first week of March. The Fund will boost economic and community development in regional Australia and is a new approach...

The Minister for Regional Australia Simon Crean announced a $1 billion five-year program known as the Regional Development Australia Fund in his opening address to a national forum of community leaders in the first week of March.

The Fund will boost economic and community development in regional Australia and is a new approach to unlocking the potential of Australia’s regions by focusing on locally driven solutions to regional needs.

Kay Matthias from Regional Development Australia Yorke and Mid North was one of 55 committee chairs from across Australia to attend the two-day National Regional Development Australia (RDA) Forum on March 3–4.

Mr Crean told the forum that each RDA committee would receive an immediate grant of $25,000 to strengthen their ability to represent their local areas.

The Minister also announced the establishment of a $1billion Regional Development Australia Fund – with the first funding allocation to commence on July 1, 2011.

“The Regional Development Australia Fund is a new way of investing in the regional Australia over the next five years,” Mr Crean said.

“The Fund has a clear focus on local solutions, complete transparency and maximising long-term economic benefits and I look forward to receiving applications for projects that stack up.

Kay Matthias welcomed the two funding announcements and said the Regional Development Australia Yorke and Mid North committee would have a central role to play in the assessment of applications.

“RDA’s are crucial to this Regional Development Australia Fund. The Federal Government has made it clear that only applications that are backed by local RDA’s will be considered for funding approval,” Kay Matthias said.

Mr Crean said resources had been allocated as part of the agreement struck with the Independents last September.

“This is a great day for regional Australia and today’s funding announcements are proof of the Federal Government’s commitment to empowering local communities and regions,” Mr Crean said.

The National RDA Forum was held at the Canberra Convention Centre and was the first meeting of its kind this Parliamentary year.

Guest speakers included Mike Kaiser from NBNCo and Michael Deegan from Infrastructure Australia. Journalist Kerry O’Brien acted as the facilitator for the dinner and panel discussions and arts identity Robyn Archer spoke at a cocktail dinner.

Media Contact:

Clinton Porteous 0403 369 588
or Colleen O’Sullivan 0409 282 143

Released by:

The Hon Simon Crean MP
Minister for Regional Australia, Regional Development and Local Government
Minister for the Arts

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