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National Approach for Sustainable Urban Development

Financial year
Purpose statement

Deliver urban renewal projects in Hobart and Launceston.

Budget Measure type
Description

The Government will provide $687.4 million over 6 years from 2022-23 for a national approach to sustainable urban development in Australia. Funding includes:

* $305.0 million over 5 years from 2023-24 for the Macquarie Point Precinct and University of Tasmania Stadium, to deliver urban renewal projects in Hobart and Launceston

* $211.7 million over 3 years from 2023-24 to establish the Thriving Suburbs Program to provide grants for community infrastructure in urban and suburban communities through a competitive grants program

* $159.7 million over 4 years from 2023-24 to establish the Urban Precincts and Partnerships Program to support investment in place-based priorities of local urban communities through a collaborative partnerships approach with state, territory and local governments and communities

* $11.0 million over 4 years from 2023-24 to establish the Cities and Suburbs Unit within the Department of Infrastructure, Transport, Regional Development, Communications and the Arts to deliver the National Urban Policy and the regular State of Cities report. Infrastructure, Transport, Regional Development, Communications and the Arts |

This site is generated from open public information stored in the Finance Knowledge Graph. For more information, please see: About structure.gov.au.