The May Federal Budget was a ‘win’ for Regional Australia, as the government noted that regions are key drivers of the Australian economy. The Government made record budget commitments to regional development, including $472 million to Regional Growth Funds and major infrastructure commitments.
The Hon Fiona Nash, Minister for Regional Development also noted that ‘investing in our regions is essential for Australia – strong regions mean a strong nation’. In May, The Minister launched the Regions 2030 vision to work with communities to improve regional Australia. Part of this platform is a commitment to the continuation of Regional Development Australia Committees until 2021. While this is a positive indication, RDA Illawarra is awaiting the findings of the government’s independent review into RDA’s so that we fully understand our role moving forward.