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2017/18 Victorian Budget outcomes for the Gippsland region

01/05/2017

State-wide Budget Investments benefiting regions:

Regional Victoria will share in a range of significant state-wide investments that address a range of Regional Partnership priorities including:

  • $29 million for priority initiatives by the Partnerships, as well as funding to enable more comprehensive engagement in each region and to undertake further development of regional priorities.
  • $45 million to the Connecting Regional Communities Program to support digital initiatives such as broadband trials, digital agricultural applications and blackspot minimisation.
  • $1.45 billion for upgrades to regional rail infrastructure across the state.
  • 25% reduction in the payroll tax rate for regional businesses – expected to benefit 4,000 businesses.    
  • $50 million to double the First Home Owner Grant to $20,000 for new homes in regional areas.
  • $1.7 million to re-establish the Victorian Rural Women’s Network (RWN) to promote women’s economic participation and professional development.

Gippsland Regional Partnership highlights include:

  • $435 million upgrade of the Gippsland Line to run more frequent, safe and reliable services and create more than 400 jobs, with a project office in the Latrobe Valley.
  • $95 million will be invested in Stage 2 of the Gippsland Rail Upgrade which will duplicate the Avon River Bridge, enabling faster, more reliable services to Bairnsdale.
  • Funding to develop a Destination Management Plan for Gippsland Commitment to build a new government office with 150 public service jobs.


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