The third round of the Disaster Ready Fund is now open and will provide up to $200 million of Australian Government investment in 2025/26. The funding supports projects. These projects address the physical and social impacts of disasters on our communities. Disasters that can be caused by climate change and other natural hazards.
The Disaster Ready Fund is the Australian Government’s flagship initiative for disaster resilience and risk reduction.
Guidelines:
- Emphasise the importance of enduring project benefits for communities;
- Support all projects, with a greater focus on infrastructure (dedicated funding of up to $138 million);
- Allow more time to deliver successful infrastructure projects (5 years);
- Set a minimum project value of $500,000 for infrastructure projects;
- Clarify that ‘business as usual’ activities are not eligible (i.e. standard capital works or essential services that fall under the remit of state or territory government, local government or other Australian Government departments); and
- Tighten rules related to historical investments to ensure new investment in disaster resilience.
Applications close through Lead Agencies on Wednesday 2 April 2025.
The applications for Disaster Ready Fund (Round Three) will be assessed by a panel with expertise in disaster risk reduction and resilience. Panel members will come from Commonwealth Government agencies and advisory bodies. The panel will make recommendations to the Minister for Emergency Management as the final decision maker.