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Fourth round of Royalties for the Regions opens for business

Fourth round of Royalties for the Regions opens for business

Rural Australia is set to see a new round of infrastructure funding.

The fourth and final round opened today, offering regional councils another $210 million in new funding to help with projects which will boost the development of communities in regional Queensland.

A variety of projects have already been developed through the first three rounds of financing from the state government. From transport infrastructure in Cape York to flood mitigation along the Sunshine Coast, there have been a range of different developments across Queensland. Healthcare and waste infrastructure have also featured highly in the range of work already undertaken.

Funding will be allocated for projects that are meeting the goals of the state’s RegionsQ initiative, launched earlier in the year. This plan offers a new framework for the state government to collaborate with local communities on their infrastructure needs.

For people seeking an apprenticeship in Queensland, this latest round of funding will offer new employment over the next two years. With most of the previously funded projects focussing on infrastructure, there is likely to be continued demand for relevant trades.

With bridges, roads and regional airports all needing a range of different skills, employment on these developments is likely to bring greater opportunities for potential apprentices.

At the announcement of the project, Deputy Premier Jeff Seeney pointed to the value that this fourth round of funding would bring for the state.

“Now is the time to refocus the program, to broaden the scope to ensure these funds help to supercharge regional economies and provide jobs and long-term benefits for regional Queenslanders,” said Mr Seeney.

“This essentially means that we will consider funding more projects under Round 4 – projects that deliver jobs and business investment in regional Queensland and help us to achieve the objectives set out by Queenslanders in The Queensland Plan.”

The current round of funding will remain open until the end of September, giving regional councils time to propose new infrastructure projects. Once this period has expired, the state government will begin to release the $210 million in funding. Although finalised initiatives are yet to be announced, Mr Seeney did hint that there would be new medical facilities and daycare options featured as part of the fourth round.

Once these developments have been confirmed and funding has been allocated, regional Queensland will likely see a sustained demand for apprentices and their skills.

By Leanne de Toerkenczy, Public Relations Coordinator

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