Tasmania is one of 10 regions across the country to share in a new $100 million Regional Recovery Partnerships program as part of the Morrison Government’s upcoming Federal Budget.
This Budget funding for Tasmania is in addition to the $13.5 million announced earlier this week through the $50 million Recovery of Regional Tourism package, and the $200 million Building Better Regions Fund that Tasmania will share in.
Assistant Minister for Regional Tourism Jonno Duniam said this was a big win for Tasmania.
“Tasmania is expected to share in up to $10 million from the $100 million Regional Recovery Partnerships Program, which will assist in securing and saving jobs across the state,” Assistant Minister Duniam said.
“Our regions have been hard hit by the COVID-19 global pandemic and this funding will ensure our state can get back onto its feet and thrive into the future.
“The funding recognises that Australia’s regions will drive our economic recovery, and Tasmania will play a critical role in this.
“Importantly, this will not be a one size fits all approach. Within each region, we will coordinate investments with other levels of government to support recovery and growth.
“These partnerships will support existing regional plans by developing a package of tailored, targeted initiatives that deliver jobs, economic recovery and economic diversification.”