State Liberal Leader Steven Marshall has announced a $150 million Regional Growth Fund (RGF) to support job creation and boost regional investment which will form the centre point of the State Liberals’ Recharging Our Regions plan.
Recharging Our Regions will deliver for regional South Australia by creating regional jobs, investing in regional infrastructure, driving down the cost of living and improving frontline services.
“The State Liberals are committed to improving our regions and that starts by creating more regional jobs,” said State Liberal Leader Steven Marshall.
“Many of our regions have a stagnant or declining population and young people are leaving our regions in droves because of the lack of employment opportunities.
“That’s why we will invest $150 million to create jobs and grow our regions which form the backbone of our economy and are crucial to the future prosperity of our state.
“The $15 million per year RGF will be delivered over a ten year period and have a clear mandate to facilitate new economic opportunities that would not come to fruition without assistance and build and strengthen regional communities.
“It will advantage small businesses and empower local communities by ensuring that grants are awarded to projects that genuinely need additional funding to become a reality.
“This will ensure that taxpayers and our regions receive the greatest benefit on their investment.
“Unlike Labor we have always been committed to our regions and our ten year funding commitment will provide certainty and continue to deliver much needed regional jobs over the long term.
“We will work with communities and businesses to help deliver important local projects rather than just wasting taxpayers’ dollars on bureaucracy and chasing cheap headlines.
“Businesses have refused to accept current Regional Development Fund grants due to the onerous conditions imposed by the Weatherill Government, such as McLaren Vale Distillery.
“We will also increase investment in regional infrastructure through our Royalties for Regions program and will improve regional health facilities and governance.”