George Brandis (Queensland, Liberal Party, Attorney-General) Share this | Hansard source

Senator Georgiou, it is vitally important that economic opportunity is secured and shared right across Australia, which is why the Australian government is very proud of some of the policies that you have raised in your question to me today. In particular, that is why this government delivers economic leadership to the regions. Regional City Deals are about leveraging our major strategic investments to deliver broader outcomes for a community, including co-commitments from all levels of government as well as from the private sector.

The Regional Growth Fund includes $272.2 million to provide grants of $10 million or more for major transformational projects which support long-term economic growth and create jobs in regions undergoing structural adjustment. The guidelines for the Regional Growth Fund are currently being developed and will be published when that development is finalised.