Investments
Regional Economic Development and Community Investment Program
The $50 million program will support initiatives that promote regional economic development and contribute to job creation and retention through projects that align with the Trust’s key focus areas.
Applications closed.
Airstrip improvements in rural and remote NSW
The $15 million investment will upgrade rural and remote airstrips to improve access for emergency services, health professionals and other essential services in some of the most remote parts of the state. Improvements could include airstrip surface upgrades, exclusion and safety fencing, lighting, and installation of fuel infrastructure.
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Aboriginal Economic Development Package
The $5 million Aboriginal Economic Development Package will help Aboriginal businesses and organisations unlock the commercial potential of land and cultural assets and create Aboriginal employment opportunities by delivering on-country training and business development programs.
Applications closed.
Engine and Emerging Industries Loan Pilot – Food & Beverage Manufacturing
The $5 million pilot program enabled small and medium enterprises in the food and beverage manufacturing sectors in regional NSW to apply for loans of between $100,000 and $1 million to increase productivity by adopting advanced manufacturing capabilities.
Applications closed. Successful applicants announced.
Western Air Services Subsidy
The $2 million extension of the Western Air Services Subsidy will enable the continuation of commercial flights servicing communities in Bourke, Walgett, Lightning Ridge and Cobar, providing residents, workers and industry with certainty about air service availability.
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Western NSW Workforce Activation Package
The $10 million Western NSW Workforce Activation Package will assist eligible early childhood education and care providers in Bourke, Broken Hill, and Cobar to expand or upgrade their services or facilities, increasing local childcare availability and helping parents enter or return to the workforce.
Applications closed.
Information about investments under the Trust will be regularly updated on this webpage as they progress.
Regional Development Trust Investment Strategy and Governance Framework
In September 2024, the NSW Parliament passed amendments to the Regional Development Act 2004 to include new governance measures that will ensure transparency and accountability in the delivery of investments under the Trust.
Under the updated Act, the Minister for Regional NSW is required to publish a Trust Investment Strategy and Governance Framework to guide financial assistance and investment from the Trust.
The Strategy will ensure that the NSW Government delivers a balanced and evidence-based approach to regional economic development through investments from the Trust.
Regional Development Trust Annual Report
In accordance with the Regional Development Act 2004, the Minister for Regional NSW must publish an annual report on the Regional Development Trust.