Based on the Government’s successful City Deals model, Regional Deals bring together all levels of government around a clear set of objectives.
Deals are tailored to each region’s comparative advantages, assets and challenges and reflect the unique needs of regional Australia.
Regional Deals support ‘a place-based approach’ by putting community-identified priorities at the centre.
The Barkly Regional Deal, covering the region surrounding Tennant Creek in the Northern Territory, was signed on 13 April 2019. The Barkly Regional Deal is the first regional deal in Australia and a 10-year $78.4 million commitment between the Australian Government, Northern Territory Government and Barkly Regional Council.
The Hinkler Regional Deal Implementation Plan, covering the Bundaberg and Hervey Bay region in Queensland, was signed on 30 January 2020.