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'Pathways to prosperity' funding approved.



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Media Release

Senator The Hon. Grant Tambling

CLP Senator for the Northern Territory

 

Friday 8 October 1999

'PATHWAYS TO PROSPERITY' FUNDING APPROVED

The Federal Government has approved funding of up to $180,000 for a new project to increase commercial growth and long-term profitability for pastoralists in Central Australia through its Rural Plan initiative, Northern Territory CLP Senator Grant Tambling said today.

The Alice Springs-based Central Australian Producers Action Group will receive funding over two years for its Pathways to Prosperity project, which aims to reduce station input costs and increase returns for the core activity of cattle production while developing diversified income streams for stations.

The Central Australian Producers Action Group will use the funding to hire a coordinator and specialist consultants to assist in the development of its plans.

"This Federal funding demonstrates the Government’s commitment to nurturing economic growth in rural areas through its support of innovative business strategies such as the Pathways to Prosperity project," said Senator Tambling.

"This initiative represents Central Australian pastoralists’ acknowledgment that increased diversification is the key to future business profitability in the next millennium."

The funding was approved by the Federal Minister for Regional Services, Territories and Local Government, Senator Ian Macdonald, in the latest round of grants under the $1.6 million Rural Plan project, which helps bring rural area communities, industries and businesses together to address strategic economic, environmental and social development. Planning under the program looks at opportunities for development on both local and regional bases.

Thirteen regional communities around Australia will receive Rural Plan funding to develop more diversified and sustainable economies through a broad range of projects designed to produce strategic plans for local regions.

For further information, copies of the Rural Plan guidelines or applications forms, contact Countrylink Australia (9 am - 6 pm AEST weekdays) on 1800 026 222.

ENDS

Media contact: Melissa Baldwin at Senator Tambling’s office - 08 8981 3567

 

 

jy  1999-12-02  10:47