Mr Graham inquires about the establishment of a Regional Investment Fund, its guidelines, accessibility, eligibility, and safeguards against shifting normal government operational costs. The government confirms intent to establish the fund, pending legislation and departmental guidelines.

AnsweredQoN 352Legislative Assembly
Asked
12 June 2001
Member
Portfolio
State Development

QuestionView source ↗

(1) Has the Government established a Regional Investment Fund?
(2) If not -
(a) why not; and
(b) when will such a fund be established?
(3) If the answer to (1) is yes -
(a) what are the guidelines for the fund;
(b) how is the fund to be accessed;
(c) who is eligible to apply for funds under the scheme; and
(d) how will the Government ensure that normal costs associated with the operations of Government in the regional areas are not shifted onto the fund?

AnswerView source ↗

Answered
26 June 2001
Responded by
Minister for State Development
Response time
14 days
(b) when will such a fund be established?
(b) how is the fund to be accessed; (c) who is eligible to apply for funds under the scheme; and (d) how will the Government ensure that normal costs associated with the operations of Government in the regional areas are not shifted onto the fund?
(c) who is eligible to apply for funds under the scheme; and (d) how will the Government ensure that normal costs associated with the operations of Government in the regional areas are not shifted onto the fund?
(d) how will the Government ensure that normal costs associated with the operations of Government in the regional areas are not shifted onto the fund?
(2) It was always intended that the fund be established for four financial years commencing from the 2001/2002 financial year through the budget process. New legislation is also required to operate the fund. The guidelines for the fund will be prepared by the newly formed Department of Regional Development and Local Government. The framework for the fund has been approved by State Cabinet and is detailed in the Premier's media release attached. (3) Not applicable.
(3) Not applicable.

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