Investing in Noosa’s future through Building Better Regions Fund

A $50,000 Morrison Government investment will help identify new opportunities for job creation and economic growth in key Noosa locations, Federal Member for Wide Bay and Deputy Speaker of the House of Representatives Llew O’Brien announced today.

Noosa Council will receive $50,000 towards its $100,000 Employment Precincts Activation Roadmap plan through Round 5 of the Coalition Government’s Building Better Regions Fund.

“This strategic document will support a targeted approach to creating high-value jobs, as well as supporting existing businesses and attracting new investments, entrepreneurs and building a skilled workforce in Noosa, to strengthen and diversify the local economy,” Mr O’Brien said.

“With existing state of the art future-focused investments such as the Peregian Digital Hub, Noosa is already known as a centre of tech-innovation, and this roadmap will provide a clear path to build on that reputation, growing new job opportunities in a range of exciting sectors including digital industries and firefighting technology.”

Noosa Mayor Clare Stewart said the funding would be pivotal to building a stronger regional economy.

“We need to continually diversify the local economy and drive economic growth,” she said.

“The success of the Peregian Digital Hub is a tangible example of what can be achieved in Noosa.

“This funding will allow us to identify opportunities and develop potential relationships to help create employment and enhance business growth.”

Cr Stewart thanked Llew O’Brien and the Federal Government for its ongoing commitment to the Noosa Shire.

Under Round 5 of the BBRF, the Government has committed almost $300 million to support 295 projects across regional Australia, which will create an estimated 9,900 jobs during the project period.

This latest funding round takes total support through the BBRF to $1.38 billion across nearly 1,300 projects.

Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Barnaby Joyce said the Government is focused on ensuring our regions remain strong.

“The Liberal and Nationals Government is continuing to work hard on behalf of Australians living in regional and remote communities,” the Deputy Prime Minister said.

“That’s why we’ve committed an additional $100 million under this latest round to take total funding to almost $300 million. This extra funding will support more projects, more jobs and create more economic opportunities in our regions to boost their recovery from the impact of the COVID-19 pandemic.

“Funding for these projects in Wide Bay is a testament to the dedication of Llew O’Brien.

“Funding under the Building Better Regions Fund supports economic and social infrastructure for the long-term benefit of regional communities.

“Infrastructure upgrades funded in this latest round will ensure our regions remain great places to live and visit, while helping support important regional industries which create jobs.

“Our Government is committed to delivering the best outcomes for regional and remote Australia, which is why we are providing local businesses, industries and families with opportunities to get ahead.”

For a full list of successful projects in Round 5, please visit: www.business.gov.au/bbrf