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Wednesday, 30 May 2012
Page: 6388


Mr CREAN (HothamMinister for Regional Australia, Regional Development and Local Government and Minister for the Arts) (11:29): I am in receipt of recommendations as we speak in relation to round 2. We hope to be announcing those shortly. I would like to flag on this occasion that we probably will not be putting out all the announcements at once. Last time, putting out the 38 all at once got lost on the day, so we will be staggering those announcements somewhat to get major effect.

Ms Saffin: Mine didn't get lost!

Mr CREAN: I know that the member for Page's did not get lost—she was a very strong advocate—nor did those of other members at the table. But it is important that we understand the significant investment in this. The $150 million that we put out in the first round actually leveraged almost three times that amount in terms of other investments. I think the message has got through about the importance of partnership and the leveraging of funding from the other levels of government—state and federal—from not-for-profit organisations or the private sector. When we see the coming announcements I think we will see that message has been picked up in important ways.

Importantly, if you look at the mix that was in the first round you will see there was an important commitment to those initiatives that supported not only economic development and economic diversification but also social diversification—the social needs of communities and the livability of communities. That is terribly important. We will be announcing the rounds over the coming weeks. We also put another $50 million into that round and $250 million will be in this round.