Australian victims of terrorism will get up to $75,000 compensation each, backdated to the September 11 attacks of 2001, under a move Tony Abbott will unveil today.
The Prime Minister will make the announcement at a wreath-laying ceremony at the site of the 2002 Bali bombings in Kuta.
Mr Abbott, who was on holiday in Bali with his family in 2005 during the second major bombing there, made backdating an existing terrorism compensation scheme an election promise.
On winning office, he was advised he could backdate the scheme to September 10, 2001, if he made specific declarations for particular terrorist events.
Under the $30 million scheme, about 300 victims or their families will receive up to $75,000. Claims will be accepted from October 21.
The attacks within the scheme are the September 11, 2001 in New York, Bali 2002, Bali 2005, London 2005, Egypt 2005, Mumbai 2008, Jakarta in 2009 and Nairobi, Kenya, last month.
This week marks the 11th anniversary of the 2002 Bali bombings that killed 202 people, including 88 Australians.
"As someone who was in Bali when the second bomb went off, I will be thinking about people I came to know who were victims," the PM told reporters last night.
"I've also come to know some victims of the first bombing."
Mr Abbott has been in Bali for the APEC summit which ended yesterday with leaders agreeing on seven broad principles to smooth trade, improve infrastructure and make the Asia-Pacific the "engine of global growth".
Leaders also built on the PM's revived Colombo plan, pledging to have one million students from the region studying in partner nations' universities.
Immediately after APEC, there was a meeting of 12 nations negotiating a mega trade pact called the Trans-Pacific Partnership.
While the US, Australia and several other countries believe the ambitious agreement could be struck by year's end, Malaysia's PM Najib Razak voiced concerns that it may constrain members' ability to make their own laws.
Last night, Mr Abbott met US Secretary of State John Kerry, who stepped in at APEC for Barack Obama after the President was forced to remain in Washington to deal with the government shutdown.
Mr Abbott said he had assured Mr Kerry the Australian Government regarded the US alliance as a "bedrock of security".
He said the TPP, if achieved, would be the "stuff of civilisational progress" but that there would be a lot of painstaking negotiation ahead.