$720.61 million DRFA Phase 3 package approved

The Commonwealth and Queensland Governments will each invest $360 million to support a new Phase 3 Floods Recovery Package for Queensland under Category C and D of the Disaster Recovery Funding Arrangements (DRFA).

The $720.61 million package includes:

  • Human and Social Recovery Package: $20 million in flexible funding grants; $24.5 million for a community health and wellbeing package; $121.1 million for an accommodation package; and more than $12 million for a community development program.
  • Economic Recovery Package: $2.5 million for industry recovery and resilience officers; $14.5 million for a small business support package; $7 million for a tourism recovery and resilience package; $3 million for a rural landholder recovery grant program; and $150 million for medium to large business recovery loans.
  • Environmental Recovery Package: $28.9 million for an environmental recovery package; and $28 million for a flood risk management package.
  • Infrastructure and Built Recovery Package: $150 million for a community and recreational assets program; $150 million for betterment for roads and transport assets; and $4 million for local recovery and resilience grants.
  • Monitoring and evaluation program: $5 million for monitoring and evaluation of the package.

For more information visit the Floods Recovery Package for Queensland web page.