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Disaster Ready Fund Round One

Disaster Ready Fund - Round One 2023-24

The Australian Government has established the Disaster Ready Fund (DRF). The DRF will provide up to one billion dollars over the next five years, from 1 July 2023, to improve Australia’s resilience to natural hazards.

Funding for DRF Round One: 2023-24 is now open. Up to $200 million in funding is available, with projects to commence from 2023-24.

Projects under DRF Round One 2023-24 can target a broad range of natural hazards, and can include:

  • (Stream 1) Infrastructure projects, such as
    • investment in grey infrastructure;
    • investment in green-blue infrastructure (including nature based solutions);
    • investment in hazard monitoring infrastructure; and
    • business case development for future infrastructure (including investigation, modelling, concept and detailed design activities).  
  • (Stream 2) Systemic risk reduction projects, such as
    • supporting a better understanding of risk, through a better evidence base to understand and raise awareness of risk – to improve understanding of natural hazards and their potential impacts over time;
    • strengthening decision making by enhancing governance networks and communities of practice, including the development and/or alignment of resilience and risk reduction strategies;
    • adaptation projects that improve land use planning and development practice projects, including but not limited to the preparation of regional or local plans and updating land use planning instruments and building codes;
    • projects that build the capacity and capability of businesses, community sector organisations and/or at-risk communities to improve their preparedness and resilience to the impacts of future disasters; and
    • projects that enable and incentivise private investment in disaster risk reduction.

Applicants may partner with one another and deliver projects across multiple jurisdictions.

Key dates

Applications for Round One of the Disaster Ready Fund opened on 10 January 2023 and will close 5.00pm AEDT 6 March 2023.

Who can apply

Only Australian states and territories are eligible to apply for funding in Round One 2023-24.

States and territories are expected to work with local governments and communities to identify suitable proposals.

Each state and territory has nominated a lead agency. The lead agency is considered the Applicant and has responsibility for coordinating proposals for their jurisdiction and submitting the applications to the National Emergency Management Agency.

The lead agencies are:


Lead Agency

Australian Capital Territory

Justice and Community Safety Directorate (ACT)

New South Wales

NSW Reconstruction Authority (NSWRA)

Northern Territory

Northern Territory Emergency Services


Queensland Reconstruction Authority

South Australia

South Australian Fire and Emergency Services Commission


Resilience and Recovery Tasmania, Department of Premier and Cabinet (Tas)


Emergency Management Victoria

Western Australia

Department of Fire and Emergency Services (WA)

For further enquiries please email

How to apply

Applicants (states and territories) must complete an application form for each individual project, and an application cover sheet, encompassing all applications.

Applications must be submitted electronically through the online application portal. The log in details and online application documents are being circulated to applicants.

Key documentation

More information

For more information, please email Answers to questions received via the mailbox will be periodically published in our Frequently Asked Questions.