The Disaster Ready Fund (DRF) is the Australian Government’s flagship disaster resilience and risk reduction initiative, which delivers 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 DRF will run over five years from 2023-24 to 2027-28.
DRF applicants must apply to the lead agency of each state/territory. Emergency Management Victoria (EMV) has been nominated by the Australian Government as the lead agency responsible for coordinating the overarching Victorian application to the DRF.
The primary objectives of the DRF are to:
- increase the understanding of natural hazard disaster impacts, as a first step towards reducing disaster impacts in the future;
- increase the resilience, adaptive capacity and/or preparedness of governments, community service organisations and affected communities to minimise the potential impact of natural hazards and avert disasters; and
- reduce the exposure to risk, harm and/or severity of a natural hazard’s impacts, including reducing the recovery burden for governments and vulnerable and/or affected communities.
Round Three is open for applications until Wednesday 2 April 2025.
More information on the DRF is available at Emergency Management Victoria's (EMV's) DRF web page and at the National Emergency Management Agency's (NEMA's) DRF web page.
It is essential that you read the Victorian Application Guide for the Disaster Ready Fund: Round Three, 2025-26 in conjunction with the Australian Government Disaster Ready Fund Round Three 2025-26 Guidelines, which detail the funding, requirements and eligibility criteria for the program. Applicants should note that the Australian Government has introduced a range of key changes for Round Three, which are detailed in both of the aforementioned documents.