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    Additional Regional Spending

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    peter_martin9335
    The new government will invest up to an additional $10 billion in regional Australia. This will provide better services, infrastructure, and economic opportunities. It will also deliver fast broadband to all of regional Australia through the National Broadband Network. Key aspects include $1.8 billion for health infrastructure, $500 million for education, guaranteed funding shares for services, and $1.4 billion for infrastructure and economic development projects identified by local communities. Regional areas will also get priority construction and faster broadband services through the NBN rollout.

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    Additional Regional Spending

    Uploaded by

    peter_martin9335
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    The new government will invest up to an additional $10 billion in regional Australia. This will provide better services, infrastructure, and economic opportunities. It will also deliver fast broadband to all of regional Australia through the National Broadband Network. Key aspects include $1.8 billion for health infrastructure, $500 million for education, guaranteed funding shares for services, and $1.4 billion for infrastructure and economic development projects identified by local communities. Regional areas will also get priority construction and faster broadband services through the NBN rollout.

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    The new government will invest up to an additional $10 billion in regional Australia. This will provide better services, infrastructure, and economic opportunities. It will also deliver fast broadband to all of regional Australia through the National Broadband Network. Key aspects include $1.8 billion for health infrastructure, $500 million for education, guaranteed funding shares for services, and $1.4 billion for infrastructure and economic development projects identified by local communities. Regional areas will also get priority construction and faster broadband services through the NBN rollout.

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    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    741 views3 pages

    Additional Regional Spending

    Uploaded by

    peter_martin9335
    The new government will invest up to an additional $10 billion in regional Australia. This will provide better services, infrastructure, and economic opportunities. It will also deliver fast broadband to all of regional Australia through the National Broadband Network. Key aspects include $1.8 billion for health infrastructure, $500 million for education, guaranteed funding shares for services, and $1.4 billion for infrastructure and economic development projects identified by local communities. Regional areas will also get priority construction and faster broadband services through the NBN rollout.

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    of 3

    A BETTER DEAL FOR REGIONAL AUSTRALIA

    Regional Australia will receive better services, infrastructure and experience better
    economic development opportunities through the new Government’s up to an additional
    $10 billion investment.

    The new Government will also deliver the world’s best broadband service to all of regional
    Australia through the National Broadband Network.

    Up to $10 billion investment for Regional Australia

    The Government will open a new round of the Health and Hospitals Fund, of which there is
    $1.8 billion remaining. For the first time, this round will be exclusively for Regional Australia.

    The Government will also open up a new round of the Education Investment Fund, of up to
    $500 million. For the first time, this round will also be quarantined to investments in
    regional Australia.

    For the first time, the Government will provide a one-third guarantee in new investments in
    regional Australia – to improve education and health services around the country.

     At least $41 million of the $123 million provided for in the 2010-11 Budget to
    upgrade general practices, primary care and community health services, and
    Aboriginal Medical Services.

     At least $66 million entitlement of the $200m of the Critical Skills Investment Fund
    will go to regional businesses and workers.

     At least $125 million of the $388 million reward payments will be awarded to the
    most improved schools in regional Australia.

     At least $15 million of the $47 million facilitation payments allocated as part of the
    initial national roll out of greater local school autonomy.

    In addition, the new Government will provide an extra $1.4 billion in investment in
    infrastructure and economic development of regional Australia. This includes:

     A new $800 million Priority Regional Infrastructure program to investment in


    projects identified by local communities in regional areas.

     A $573 million investment from the Regional Infrastructure Fund to support local
    projects as identified by Regional Development Australia committees in regional
    areas that unlock new growth opportunities in regional Australia.

    All of this comes on top of significant investments in regional Australia that the government
    already committed to during the 2010 election campaign. This includes:

    1
     A $6 billion Regional Infrastructure Fund. This includes $900 million towards projects
    already identified in regional Australia, with $4.5 billion remaining for further
    investments in economic infrastructure in regional Australia (in addition to
    investments identified by RDA committees, referenced above).

     A $200 million Building Better Regional Cities to help build affordable homes in
    regional cities over three years and relieve pressure on our major capital cities, so
    that Australia can grow sustainably.

    Better NBN for regional Australia

    For the first time, broadband prices will be the same for households and businesses
    regardless of where they are located – in the city, in regional Australia or in more remote
    parts of the country.

    This will be achieved by a new cross subsidy to ensure a uniform national wholesale price so
    that regional areas can pay the same price as people in the city.

    Regional areas will also be prioritised in the construction of the NBN

    o Fibre will be built in regional areas as a priority.

    o NBN Co will bring forward the introduction of wireless services and satellite
    services so that regional Australia can get access to better broadband straight
    away.

    2
    ADDITIONAL REGIONAL SPENDING ($m) Years

    NEW COMMITMENTS

    Nation Building Funds Regional Rounds


    Health and Hospitals Fund Regional Round (up to) 1,800 Forward estimates
    Education Investment Fund Regional Round (up 500 Forward estimates
    to)
    Guaranteed 1/3 regional share of services
    Primary care infrastructure upgrades 41 Forward estimates
    Critical Skills Investment Fund 66 Forward estimates
    Reward payments for schools 125 5 years from 2012-13
    Local school control 15 Forward estimates
    Regional Infrastructure
    Priority Regional Infrastructure Program 800 5 years to 2015-16
    Regional Infrastructure Fund (RDA stream) 573 Forward estimates
    National Broadband Network
    Uniform national prices No cost
    Priority regional build No cost

    Election commitments
    Regional Infrastructure Fund (General) 5427 10 years
    Telehealth 392 Forward estimates
    Building Better Regional Cities 200 Forward estimates

    TOTAL (up to) 9,939

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