The DRF is the Australian Government's flagship disaster resilience and risk reduction initiative, which will deliver up to $200 million of Commonwealth funding annually from 1 July 2023 to establish a comprehensive set of disaster resilience and mitigation projects across Australia, in partnership with Australian state, territory and local governments

The Disaster Ready Fund (DRF) is the Australian Government's flagship disaster risk reduction initiative which will fund a diverse set of projects in partnership with states and territories to deliver medium-term and long-term national outcomes, investing up to $1 billion over five years from 1 July 2023.

Round Three will provide up to $200 million in 2025-26 to build on the experiences and outcomes of Rounds One (2023-24) and Two (2024-25).

Waivers will be considered on a tiered basis:

• First Nations organisations and local councils located in 'very remote' and 'remote' locations - up to 90 per cent of eligible project costs (10 per cent co-contribution).
• Other 'low rate- based' councils and not-for-profit organisations - up to 80 per cent of eligible project costs (20 per cent co-contribution).
• All other applications - mandatory 50 per cent.

Who can apply for funding?

Only Australian state and territory governments, through Lead Agencies, are eligible to submit Applications to NEMA for DRF funding in Round Three 2025-26. However, any entity that satisfies the eligibility criteria in sections 4.2 and 4.3 may develop a Project Proposal and submit that proposal to a Lead Agency for its consideration. Eligible entities who develop Project Proposals are referred to in these guidelines as Applicants.

• Email: grants@qra.qld.gov.au