The 2020–21 Regional Budget Package details more than 350 major new packages and individual measures which the Australian Government is delivering to respond to the challenges of drought, bushfires, floods and COVID-19 from late 2019 onwards, and the measures are designed to strengthen regional communities and assist them to recover and grow their economies.
The purpose of the 2020–21 Portfolio Budget Statements (PBS) is to inform Senators and Members of Parliament of the proposed allocation of resources to Government outcomes by agencies within the portfolio. Agencies receive resources from the annual appropriations bills, special appropriations, standing appropriations (including special accounts), and revenue from other sources.
On Thursday 8 October 2020, the Hon Michael McCormack MP, the Deputy Prime Minister and the Minister for Infrastructure, Transport and Regional Development, delivered the Ministerial Statement on Rural and Regional Budget Outcomes in the House of Representatives.
The Regional Ministerial Budget Statement 2020–21 outlines all new Australian Government initiatives that impact on regional Australia. The initiatives are provided under the agency responsible for delivery.
The Department's regional responsibilities are reflected in Outcome 3: Strengthening the sustainability, capacity and diversity of our cities and regional economies including through facilitating local partnerships between all levels of government and local communities; through reforms that stimulate economic growth; and providing grants and financial assistance.