Ministers for the Department of Infrastructure, Regional Development and Cities The Hon Michael McCormack MP Deputy Prime MinisterMinister for Infrastructure, Transport and Regional Development Senator the Hon Bridget McKenzie Minister for Regional ServicesMinister for SportMinister for Local Government and Decentralisation The Hon Alan Tudge MP Minister for Cities, Urban Infrastructure and Population The Hon Sussan Ley MP Assistant Minister for Regional Development and Territories The Hon Andrew Broad MP Former Assistant Minister to the Deputy Prime Minister The Hon Scott Buchholz MP Assistant Minister for Roads and Transport The Hon Barnaby Joyce MPFormer Deputy Prime MinisterFormer Minister for Infrastructure and Transport The Hon Dr John McVeigh MPFormer Minister for Regional Development, Territories and Local Government The Hon Keith Pitt MPFormer Assistant Minister to the Deputy Prime Minister The Hon Damian Drum MPFormer Assistant Minister to the Deputy Prime Minister Senator the Hon Fiona Nash Former Minister for Regional DevelopmentFormer Minister for Local Government and Territories The Hon Darren Chester MP Former Minister for Infrastructure and TransportFormer A/g Minister for Regional DevelopmentFormer A/g Minister for Local Government and Territories The Hon Warren Truss MP Former Deputy Prime Minister Former Minister for Infrastructure and Regional Development The Hon Paul Fletcher MP Former Minister for Urban Infrastructure and Cities The Hon Jamie Briggs MP Former Assistant Minister for Infrastructure and Regional Development

Early payment of Financial Assistance Grant program funding

Media Release

JM111/2018

27 June 2018

  • Early payment of more than $1.2 billion enables councils to initiate crucial new projects
  • Program enables councils to spend the funding according to local priorities

Councils from around Australia will be able to start work on crucial new projects immediately following an early cash injection of almost $1.2 billion under the Financial Assistance Grants program from the Coalition Government.

Minister for Regional Development, Territories and Local Government John McVeigh said the Government has made an early payment of 50 per cent of the 2018–19 Financial Assistance Grants funding.

“This early cash injection of more than $1.2 billion will allow councils to start work straight away on new projects and to benefit from additional interest on cash in the bank,” Dr McVeigh said.

“These vital funds support local government to deliver the infrastructure and services communities need across Australia, such as critical transport, health, recreation, environmental and employment projects.”

Dr McVeigh said supporting local councils to provide essential services to Australians is a key priority for the Coalition Government.

“We recognise the importance of giving councils the power to determine local priorities in their region,” Dr McVeigh said.

“Under the Financial Assistance Grants program Australia's 546 councils have access to untied funds to allow them to spend the money according to local needs.

“The Coalition Government also supports local councils through a range of other targeted funding programs including Roads to Recovery, Bridges to Renewal, the Building Better Regions Fund and Regional Growth Fund.”

More information about the Financial Assistance Grant program, including funding being made to individual councils across Australia, is at: www.regional.gov.au/local/assistance