Australian Government Commits to Racing Club Redevelopment
07 March 2014
Joint release with:
Tony Pasin MP
Federal Member for Barker
The Australian Government will commit $5 million towards the redevelopment of the Murray Bridge Racing Club to a national standard convention centre through its $100 million Murray Darling Basin Regional Economic Diversification Programme.
This funding complements today's commitment by South Australian Liberal Leader Steven Marshall to invest $15 million towards this important project.
“Today's announcement clearly demonstrates how all levels of government can work together to deliver real results for South Australia's regional communities”, Mr Briggs said.
“Diversifying the economic base of our regional communities will harness their potential to grow jobs, attract new and ongoing business, as well as develop new industries and opportunities for locals”.
“This is part of our plan to deliver a strong and prosperous Australia through targeted investment in economically productive infrastructure in regional areas”.
Federal Member for Barker, Tony Pasin, who has worked closely with the racing club and community stakeholders to deliver the funding for this project, welcomed Mr Marshall's commitment.
“As the federal candidate and now Member for Barker, I have long supported this project as it will deliver significant economic uplift, jobs growth and business participation to the region which is crucial to addressing Murray Bridge's unemployment level of over 10%,” Mr Pasin said.
The Australian Government will continue its assessment of all remaining projects within the programme with further announcements expected in the coming weeks.
All projects will be subject to the Department of Infrastructure and Regional Development's standard value for money assessment to ensure the efficient, effective, ethical, and economical use of public money.