{"id":142106,"date":"2016-04-17T20:38:38","date_gmt":"2016-04-17T10:38:38","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=142106"},"modified":"2020-10-18T16:07:37","modified_gmt":"2020-10-18T06:07:37","slug":"lnp-promises-to-reinstate-royalties-for-regions-fund","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2016\/04\/17\/lnp-promises-to-reinstate-royalties-for-regions-fund\/","title":{"rendered":"LNP Promises To Reinstate
Royalties For Regions Fund"},"content":{"rendered":"
\"\"<\/a>
Opposition Leader Lawrence Springborg and Member for Nanango Deb Frecklington … supporting the return of an enhanced and enlarged Royalties for Regions program<\/figcaption><\/figure>\n

April 17, 2016<\/strong><\/p>\n

The LNP has promised to reinstate an “enhanced” version of its Royalties For Regions fund – the program which funded more than $20 million\u00a0 of infrastructure in the South Burnett – if it is successful at the next State election.<\/p>\n

Opposition Leader Lawrence Springborg said on Sunday an upgraded program would focus on projects “that lead to more investment in the regions, creating economic growth and jobs”.<\/p>\n

When it was elected, the Labor Government replaced the LNP\u2019s $495 million Royalties for Regions initiative with the $200 million “Building Our Regions” program.<\/p>\n

Mr Springborg said this “smaller, shorter and narrower program” had more than halved investment in critical infrastructure projects and highlighted “a lack of commitment” by Labor to regional development.<\/p>\n

However, Premier Annastacia Palaszczuk defended her program, citing criticism from the Auditor-General about “lack of documentation of the reasons … for funding many projects over much higher-rated projects\u201d in the original Royalties For Regions fund.<\/strong><\/p>\n

She said the first round of Building Our Regions had invested more than $70 million in 42 projects around Queensland, with an extra $159 million in co-contributions from Councils and other organisations.<\/p>\n

Expressions of interest for the $70 million Round 2 were now open until April 29.<\/strong><\/p>\n

\u201cWe have listened to the Local Government Association of Queensland. Councils now only initially need to prepare an expression of interest,\u201d the Premier said.<\/p>\n

\u201cThe Department of State Development will assess these expressions of interest, short-list projects and give councils four weeks to prepare a detailed business case for their project.\u201d<\/p>\n

\u201cAssessment will still be rigorous with an advisory committee of eight Directors-General will review DSD\u2019s recommendations before they come to the Minister.\u201d<\/p>\n

Mr Springborg said an expanded program from the LNP would “help rural and regional communities become economically sustainable”.<\/strong><\/p>\n

He said the between 2012 and 2015 Royalties for Regions invested in 147 projects with a combined value of more than $790 million.<\/p>\n

\u201cThe program was designed to be flexible and responsive to emerging local government and regional development priorities,\u201d he said.<\/p>\n

\u201cRoyalties for Regions was particularly targeted at helping communities to better manage the impacts of resources sector development.”<\/p>\n

Mr Springborg said under a new program all projects would need to demonstrate community support and benefits, ongoing viability, value for money and improvements to community infrastructure.<\/p>\n

Applications from local governments would be encouraged, but proposals would also be accepted by community leaders and stakeholder groups.<\/p>\n

Member for Nanango Deb Frecklington backed the LNP plan to reinstate an enhanced version of Royalties For Regions.<\/strong><\/p>\n

\u201cReinstating Royalties for Regions will really help our local communities meet critical infrastructure needs going forward,” she said.<\/p>\n

Mrs Frecklington said the original Royalties for Regions had enabled the State Government to fund critical local infrastructure including:<\/p>\n

    \n
  • $10 million for overtaking lanes on the D\u2019Aguilar Highway and Brisbane Valley Highway,<\/li>\n<\/ul>\n
      \n
    • $10 million for Kingaroy\u2019s Wastewater Treatment Plant,<\/li>\n<\/ul>\n
        \n
      • $2 million for the South Burnett Rail Trail, and<\/li>\n<\/ul>\n
          \n
        • $1.5 million for the new intersection on Kingaroy\/Barkers Creek Road.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"

          The LNP has promised to reinstate an “enhanced” version of its Royalties For Regions fund – the program which funded more than $20 million of infrastructure in the South Burnett – if it is successful at the next State election.<\/p>\n","protected":false},"author":20,"featured_media":109019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3,36],"tags":[1134],"yoast_head":"\nLNP Promises To Reinstate Royalties For Regions Fund - southburnett.com.au<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2016\/04\/17\/lnp-promises-to-reinstate-royalties-for-regions-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LNP Promises To Reinstate Royalties For Regions Fund - 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