Advances to the Finance Minister in the week ending Friday 3 July 2020
Senator the Hon. Mathias Cormann
Minister for Finance
Leader of the Government in the Senate
Senator for Western Australia
This week I made $250 million in additional funding available to support the Government’s response to the COVID 19 pandemic by using the Advance to the Finance Minister (the AFM).
The determination provided $250 million to the Department of Infrastructure, Transport, Regional Development and Communications for funding to local governments for delivery of road and community infrastructure projects, to boost economic activity and support the resilience of local communities.
This funding is part of a $500 million program and allows payments to be made from early in the financial year, before the next appropriation bills pass later this year.
The determination was made from the AFM that was appropriated by the Parliament in Supply Act (No. 2) 2020-2021.
The determination was signed on 2 July 2020.
This determination was registered on the Federal Register of Legislation, together with an Explanatory Statement (these are available at legislation.gov.au).