ECONOMIC DEVELOPMENT QUARTERLY
INFRASTRUCTURE, REGIONAL DEVELOPMENT
AND CITIES PORTFOLIO
• $19.3 million over three years from 2018-19
for training funding of up to $2,000 for workers
aged 45 to 70 years to take up reskilling or
upskilling opportunities, with the Government
contribution to be matched by either the worker
or their current employer;
• $15.2 million over three years from 2018-
19 to support mature age workers who are
considering early retirement or who are
retrenched to look at alternatives to remain in
employment;
• $17.7 million over four years from 2018-19
for additional Inclusive Entrepreneurship
Facilitators for an increased focus on mature
age people to promote entrepreneurship and
new business opportunities and to provide
business mentoring; and
• $1.1 million in 2018-19 to restructure the
Employment Fund to allow additional wage
subsidy places for mature age employees.
The Government will invest $518.9 million from
uncommitted funding in the Infrastructure, Regional
Development and Cities portfolio, towards:
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Building Better Regions Fund — round three;
Stronger Communities Programme — round four;
Remote Airstrip Upgrade Programme —
extension;
Western Sydney City Deal and a Western
Sydney Airport Visitor and Information Centre;
Launceston City Deal — Tamar River;
Regional Australia Institute;
Myalup-Wellington project;
Indian Ocean Territories — essential
infrastructure and air services;
Management of Drones;
Aviation, Air Cargo and International Mail
Security Package; and
other policy priorities.
BUILDING BETTER REGIONS FUND — ROUND
THREE
The Government will provide $206.5 million over
four years from 2018-19 for round three of the
Building Better Regions Fund, to support investment
in community infrastructure and capacity building
projects in regional areas.
This includes $45.0 million to improve tourism-related
infrastructure, supporting demand driven projects that
ensure the benefits of Government investment can
be multiplied across the tourism sector in the regions.
This investment increases the funding available to
the Building Better Regions Fund to $641.6 million.
MORE CHOICES FOR A LONGER LIFE — JOBS
AND SKILLS FOR MATURE AGE AUSTRALIANS
The Government will provide $189.7 million over
five years from 2017-18 to support mature age
Australians to adapt to the transitioning economy
and develop the skills needed to remain in work. The
funding includes:
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$136.4 million over four years from 2018-19
for targeted training to help mature age job
seekers aged 45 years and over and who are
registered with a jobactive provider to enhance
employability, develop digital skills and identify
opportunities in local labour markets;
MORE CHOICES FOR A LONGER LIFE —
HEALTHY AGEING AND HIGH-QUALITY CARE
• the Government will provide capital grants
funding of $40.0 million over four years from
2019-20 for aged care facilities in regional, rural
and remote Australia;
• the Government will provide funding of $14.8
million over two years from 2018-19 to support
preparatory work for a new national assessment
framework for people seeking aged care;
TRANSITION TO WORK — ADDITIONAL
PLACES
The Government is investing an additional $89.0
million over four years from 2018-19 to the
Transition to Work program. This will deliver over
40,000 places to provide