The Building our Regions program is about helping councils meet real infrastructure needs to deliver the best possible outcomes for local communities. The program’s focus is on funding projects that are critical to the functioning of the local community, in particular where delivery of the project—or failure to deliver the project—will significantly impact on the community’s prosperity and wellbeing.
The funding complements investment by councils and other organisations and, in some cases, the projects would not have proceeded without it.
Successful projects under Round 1 were announced in December 2015.
Round 1 committed $70.8 million towards 42 projects—as at 30 September 2017, 41 projects have commenced construction or are complete.
Building our Regions Round 2 is continuing to build a pipeline of critical infrastructure projects that will create jobs and opportunities and deliver real benefits in regional communities. Round 2 received a $9.5 million boost in the 2016–17 State Budget, increasing the amount of funding available to $79.5 million and allowing more eligible projects to be funded.
Successful projects under Round 2 were announced in November 2016.
Round 2 committed $79.2 million towards 51 projects—as at 30 September 2017, 48 projects are already underway, with the rest in design and tender stage.
The Supplementary Round of Building our Regions is specifically targeted at remote and Indigenous communities. These are smaller councils with lower rate bases where small projects can make a big difference to the community. For this round the minimum funding limit has been lowered to $50,000 with an upper limit of $500,000, meaning councils can apply for projects previously deemed too small for funding.
During the application process the department worked with councils to build their capacity in preparing funding applications—helping them identify suitable projects and demonstrate how these meet community need and support economic development in the local area.
Successful projects under the Supplementary Round were announced between April and May 2017.
The Supplementary Round committed $6.7 million towards 16 projects—as at 30 September 2017, two projects are already underway and all projects will start to kick-off construction by the end of February next year.
Building our Regions Round 3 is expanding on the benefits achieved by previous rounds with $70 million committed in the 2017–18 financial year, allowing more critical infrastructure projects to be funded.
This round was accelerated by six months to deliver regional jobs and economic development opportunities sooner.
Successful projects under Round 3 were announced in July 2017.
Round 3 allocated $70.3 million towards 65 projects—as at 30 September 2017, contracts are being developed, four projects are already in construction and all projects are scheduled to commence in early 2018.