The Federal Government have set aside $1 billion to support regions heavily affected by the Covid-19. This includes regions and communities heavily reliant on tourism, agriculture and education.
An initial $1 billion has been allocated to support regions and communities disproportionately affected by the economic impacts of Coronavirus. This allocation will reduce the financial pressures on regions, communities and industries that rely on revenues from activities that have been restricted including:
The $1 billion will be distributed through both existing programs and new initiatives over the coming months.
The first regions to benefit from this scheme will be tourism operators working on the Great Barrier Reef, Kakadu, Uluru and Booderee National parks. Tourism businesses in these areas will have park entry fees and environmental management fees waived for the remainder of 2020 whilst ensuring no loss of revenue to those who manage these parks. Lease payments to traditional landowners will not be impacted.
Recovery plans will be developed by the Deputy Prime Minister in concert with the affected regions, industries and communities.
The $1 billion will be distributed through existing and newly established programs as soon as practical.
Links to Government Resources
The Government has initially set aside $1 billion to distribute to heavily affected regions, communities and industries.
Any region, community or industry disproportionately affected by the Coronavirus pandemic.
Funds will be distributed through existing and future programs and the Deputy Prime Minister will work with communities to develop recovery plans.