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2017/18 Victorian Budget outcomes for the Great South Coast

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.

Great South Coast Regional Partnership highlights include:

  • $100 million to upgrade the Warrnambool rail line to run more services.
  • Commitment to upgrade the Henty Highway - Green Triangle
  • Funding to deliver a Food and Fibre Action Plan to advance the food and fibre sector in the region.


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