Member for Gregory Lachlan Millar has welcomed new funding measures for regional and rural areas of Queensland including immediate tax deductions for investment in new water facilities and tax deductions for new fencing for primary producers.
“I welcomed the Prime Minister’s announcement last Saturday in Longreach of $330 million in drought funding, including $80 million in new infrastructure spending and feral animal and weed control and I also welcome these tax deductions,” Mr Millar said.
“This is about increasing investment in regional and rural Queensland including the seat of Gregory.”
“Right now money is tight because of the drought, so any incentives for primary producers and small business to invest in infrastructure is very welcome.
“I also welcome the $5 Billion in the Northern Australia Infrastructure Facility. For the first time a Federal Government is “putting up” on this important issue instead of just talking about it.”
“We have great potential to dramatically increase food and fibre production in Northern Australia and this investment from the Federal Government will go a long way in instigating investment in achieving that,” Mr Millar said.