The Federal Government aims to enhance access to funds for small business through the introduction of a $2 billion Australian Business Securitisation Fund and encourage the establishment of an Australian Business Growth Fund to provide longer term equity funding.
Funding applications for Round 4 of the Heavy Vehicle Safety Initiative program are now open giving the green light to submissions on projects which will save lives and reduce road trauma.
All 48 regional councils in Victoria have been successful in securing a portion of more than $30 million in the first round of the state government’s $100 million Fixing Country Roads Program.
Up to 15 Western Australian projects will share in more than $30.9 million in heavy vehicle safety funding it was confirmed last week.
NSW councils are being encouraged by the state government to apply for a share of $15 million for road maintenance to support increased freight movements of drought relief.
Funding is set to increase by $21 million for WA’s local government road networks due to an agreement struck between the WA Local Government Association and the state government.