The federal government has made available an extra $250m in funding to regional tourism. $200m of the cash is via the Building Better Regions Fund (BBRF), with $100m of that specifically on tourism infrastructure for internationally-dependent regions (arguably the hardest hit by COVID).
The BBRF cash is alongside a $50m ‘business events program’ to help the conference industry that, with social distancing, still has no end in sight to its bleeding and is worried about its supply chain being decimated. On 28th Sep 2020, the ABC’s AM radio program reported on a construction supplier to the conference industry who had a suburban factory supplying a major city. The company had more work than it could handle before March 2020 when demand dried up completely. With the end of JobKeeper – the Áustralian governments wage subsidy program – beginning to taper off in September/ October 2020, the factory supplying the conference activity knows it will have to shut its doors.
Due to the importance of the detail of the funding, The Tourism News will below print the federal coalitions’ press release in full so that nothing is missed.
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The Tourism News 28th Sep 2020
From The New Daily, 27th Sep 2020
Business and tourism groups say the injection of federal government funding into the tourism sector is a much-needed boost that will give hope to those who have been worst affected by the COVID-19 pandemic.
The Coalition is providing $250 million to boost tourism and infrastructure in Australia’s regions.
The October 6 budget will set aside $50 million for a regional tourism recovery initiative to assist businesses in regions heavily hardest hit by the absence of international visitors.
A further $200 million will be injected into the ‘building better regions fund’ to boost infrastructure in regional communities, $100 million of which will be dedicated to tourism-related infrastructure.
“We know every dollar spent on building local communities is a dollar well spent and that is at the heart of our economic plan for a more secure and resilient Australia,” Deputy Prime Minister and Infrastructure Minister Michael McCormack said in a statement on Sunday.
Federal Tourism Minister
said tourism regions had been hit hard by the COVID-19 pandemic.
This additional funding will help them to bounce back by firstly attracting more Australians and then overseas visitors when international borders reopen.
“Tourism is such an important job creator and driver of many regional economies,” Senator Birmingham said in the statement.
“We want to make sure that our tourism regions are in the best possible shape on the other side of the COVID-19 pandemic.”
John Hart, executive chair of the Australian Chamber of Commerce and Industry – Tourism, said the package provides some hope for the region’s worst affected.
“This fund will help address the great divide in tourism between the regions that have been able to capitalise on some intrastate visitation and those that have not,” he said in a statement.
The Australian Tourism Industry Council said the government’s initiative will help will help tackle the serious, lasting impact of the COVID recession.
Focus on nine destinations
He said the $50 million funding package for nine international-reliant regions would genuinely support and more likely better sustain and future-proof iconic tourism product.
The Australian Tourism Export Council, while welcoming the announcement, said it remains concerned by a lack of specific funding to support businesses which deliver international visitors to Australia.
“The package announced today will bring some desperately needed support to major, mostly internationally focused, tourism businesses across regional Australia,” its managing director Peter Shelley said.
“But support is still needed to ensure the inbound tour operators who supply international visitors to these areas survive.”
Regional Tourism Recovery Package To Get Visitors Flowing Again
The Morrison-McCormack Government will inject $250 million into regional Australia, encouraging more Australians to travel and experience a home-grown holiday, boosting regional jobs and local economies.
The package include two measures announced today, a $50 million Regional Tourism Recovery initiative to assist businesses in regions heavily reliant on international tourism and $200 million for an additional round of the Building Better Regions Fund.
Deputy Prime Minister and Minister for Infrastructure, Transport and Regional Development Michael McCormack said the package would deliver targeted support for regional tourism.
“By investing $200 million in an additional round of the Building Better Regions Fund we are investing $200 million in securing regional Australia’s future,” the Deputy Prime Minister said.
“This Budget will set aside $200 million for projects to boost local infrastructure in regional communities, $100 million of which will be dedicated to tourism-related infrastructure.
“We know every dollar spent on building local communities is a dollar well spent and that is at the heart of our economic plan for a more secure and resilient Australia.”
Federal Tourism Minister Simon Birmingham said tourism regions had been hit hard by the COVID-19 pandemic and this would help them to bounce back firstly by attracting more Australians and then overseas visitors when our international borders re-open.
“Tourism is such an important job creator and driver of many regional economies. We want to make sure that our tourism regions are in the best possible shape on the other side of the COVID-19 pandemic,” Minister Birmingham said.
“This targeted new fund will support internationally dependent tourism regions to adapt their offerings, experiences and marketing to appeal to domestic visitors in the short-term and be in the strongest possible position to welcome back international tourists down the track.
“The Morrison-McCormack Government’s billions in economy-wide support has provided a lifeline to many in the tourism industry, sustaining hundreds of thousands of tourism businesses.
“Increasingly we are targeting sectors hardest hit, with this regional support sitting alongside our $50 million business events program to get meetings, conventions and conferences up and running again, which is so crucial to the visitor economies of our capital and larger cities.”
Assistant Minister for Regional Tourism Jonno Duniam said regional tourism was the lifeblood of so many Australian towns and regional communities and this would help to get them back on their feet.
“Tourism will never be the same again, but there is opportunity in this challenge and the greatest opportunity is in our regions,” Assistant Minister Jonno Duniam said.
“Our $50 million package will help to realise this opportunity, it will assist in saving thousands of businesses and jobs in the first and worst hit regional tourism areas across the country.”
Assistant Minister for Regional Development and Territories Nola Marino said BBRF Round 5 presents a great opportunity for regional communities to see the benefit of continued investment.
“BBRF has been such a successful program, with regional, rural and remote Australia reaping the rewards,” Assistant Minister Marino said. “Local jobs, local procurement, local upgrades and local wins – that’s what BBRF means to communities across the country.”
BBRF Round 5 will be delivered like its previous four rounds, with Infrastructure Project and Community Investment streams. Grant Opportunity Guidelines will be made available shortly, consistent with the existing BBRF framework, to assist potential applicants.
New Tourism Australia vision and stills can be found here for media use: https://www.dropbox.com/sh/gdbzh09cyz0nj9h/AABiyiaiTHkoOrX6DgN3BSIXa?dl=0.