Fact sheet

Regional investments

08 Sep 2017
CREATORS
Due to a Government review of all Royalties for Regions initiatives, a change has been made to how Royalties for Regions funding will be allocated. It will now be used for a number of essential services for regions as well as the new and strategic initiatives it was initially established for.

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Description

Due to a Government review of all Royalties for Regions initiatives, purportedly prioritising jobgenerating regional election commitments and the delivery of community infrastructure and services, a change has been made to how Royalties for Regions funding will be allocated. It will now be used for a number of essential services for regions as well as the new and strategic initiatives it was initially established for. The Government predicts that this will improve net debt by $861 million across the forward estimates period.

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PUBLICATION DETAILS

Resource Type: 
APO URI: http://apo.org.au/node/106506
Alternative Title: 
State budget 2017-18 fact sheet
Publication Place: 
Perth