Bridget McKenzie (Victoria, National Party, Minister for Emergency Management and National Recovery and Resilience) Share this | Hansard source

As I was saying, from Mount Gambier to Mildura, from Dubbo to Devonport, new budget initiatives such as our $2 billion Regional Accelerator Program will provide strategic investment to our regions and transform them. Examples of how the Regional Accelerator Program will unlock those transformative opportunities include two regionally focused rounds of our Modern Manufacturing Initiative, to the tune of half a billion dollars, so that regional centres right across the country that see their ambition as being an industrial heartland and centre will have the support to make that happen.

We're putting $200 million towards the regional stream of the Supply Chain Resilience Initiative, which will encourage businesses to build resilience across our supply chain—a fragility that was exposed during COVID-19. We're putting $118 million on the table for regional universities to boost and prioritise research and development with industry partners through a regionally focused trailblazer program. (Time expired)