Morrison Government to deliver reduced premiums through reinsurance pool

The Morrison Government has finalised the design of the reinsurance pool for cyclone and related flood damage following consultation on the draft legislation. The reinsurance pool will be backed by a $10 billion annually reinstated Commonwealth guarantee and be administered by the Australian Reinsurance Pool Corporation. The reinsurance pool will come into effect from 1 July 2022. More…

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Final option for Cairns Western Arterial Road duplication revealed

The preferred upgrade option for Cairns Western Arterial Road between Redlynch Connector Road and Captain Cook Highway has been finalised. The Cairns Western Arterial Road Duplication is jointly funded by the Australian and Queensland governments with the Australian Government contributing $240 million and the Queensland Government $60 million. It will support an estimated 185 jobs over the…

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Safety boost for Far North Queensland tourist road

Motorists heading to the Daintree can now travel safely thanks to improvements on Mossman-Daintree Road. This project is funded under the Australian Government’s $3 billion Road Safety Program. Deputy Prime Minister Barnaby Joyce said the works delivered safety improvements between Atherton Street and Newell Road in North Mossman. “The works are part of a package…

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Billion dollar Reef investment backs Queensland communities

The Morrison Government will invest an additional $1 billion in protecting the Great Barrier Reef, while supporting 64,000 Queenslanders and their jobs which drive the Reef economy. New funding will back world leading marine science, the deployment of new climate adaptation technology, major investments in water quality programs, and state of the art on-water management…

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Cooktown and District Historical Society to receive funding boost

Community museums, galleries and historical societies across regional Australia are receiving an important boost under the Morrison Government’s $3 million Culture, Heritage and Arts Regional Tourism program. Federal Leichhardt MP Warren Entsch said round one funding will help the Cooktown and District Historical Society purchase much needed equipment. “With the Morrison Government’s support, we are…

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Remote airstrip funding landing soon

The Australian Government has released guidelines for round nine of the Remote Airstrip Upgrade Program which aims to enhances the safety and accessibility of aerodromes in remote and very remote areas of Australia. Eligible owners or operators of existing aerodromes in remote or very remote areas of Australia can apply for a grant of between…

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Support for farmers and the Great Barrier Reef

The Morrison Government will invest $10.7 million to support farmers across Tully and Johnstone catchments in a reef water quality program aimed at helping farmers and reducing dissolved inorganic nitrogen (DIN) runoff into the Great Barrier Reef. Federal Environment Minister Sussan Ley said the program will help farm productivity, improve nutrient management planning and fertiliser…

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Backing local manufactures to lead our economic recovery

The Morrison Government is investing $280 million to support more manufacturers to grow and create new jobs as they help secure our economic recovery. The matched funding is available through Round 2 of the Integration and Translation Streams of the $1.3 billion Modern Manufacturing Initiative (MMI). The six National Manufacturing Priority Areas include: Space, Medical Products,…

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