What is Royalties for Regions?
Royalties for Regions underpins the State Government's long-term commitment to developing Western Australia's regional areas into strong and vibrant regional communities that are desirable places to live, work and invest.
Since December 2008, Royalties for Regions has invested $4.2 billion of the State's mining and onshore petroleum royalties to more than 3,500 projects across regional Western Australia.
In the 2014-15 State Budget the Government committed a further $1 billion each year, over the next four years, into agriculture, regional revitalisation, health, community services, education, sport, transport and tourism through Royalties for Regions.
Royalties for Regions focuses on delivering benefits to regional WA through six objectives:
- Building capacity in regional communities
- Retaining benefits in regional communities
- Improving services to regional communities
- Attaining sustainability
- Expanding opportunity
- Growing prosperity.