A STRONGER FUTURE FOR THE LATROBE VALLEY FACTSHEET The Victorian Government will work with the community to build a stronger Latrobe Valley with a $266 million package to support workers and create local jobs now. Creating Jobs Supporting the Community The $50 million Latrobe Valley Economic Growth Zone will create a better business $174 million will be directed to the most pressing environment for the Latrobe Valley, making it infrastructure priorities and community development easier, faster and less costly to do business. initiatives. This will include essential infrastructure, like road and rail upgrades, and sport and The Government will provide financial incentives to recreation facilities. new and expanding businesses, including The Latrobe Valley Authority will work with the reimbursement of a range of state and local community to determine and fund long-term government fees and charges and reimbursement environmental, social and economic priorities. on commercial property transactions for new Collectively, these projects will deliver major businesses. benefits to the community, making it a highly liveable area and an attractive place to visit, live Businesses will benefit from fast-tracked planning and work. through support for local councils to address the planning backlog. The Red Tape Commissioner will Long term commitment to the Valley act as a champion for regulatory reform in the Latrobe Valley and actively investigate The Victorian Government and the Latrobe Valley red tape reduction to lower the cost of doing Authority will work with the community over the business. coming weeks and months and beyond. The total support package of $266 million will be used to The Economic Growth Zone will be administered by build a stronger and brighter future for the Latrobe the Latrobe Valley Authority. Valley.
A STRONGER FUTURE FOR THE LATROBE VALLEY FACTSHEET The Victorian Government will work with the community to build a stronger Latrobe Valley with a $266 million package to support workers and create local jobs now. Creating Jobs The $50 million Latrobe Valley Economic Growth Zone will create a better business environment for the Latrobe Valley, making it easier, faster and less costly to do business. The Government will provide financial incentives to new and expanding businesses, including reimbursement of a range of state and local government fees and charges and reimbursement on commercial property transactions for new businesses. Businesses will benefit from fast-tracked planning through support for local councils to address the planning backlog. The Red Tape Commissioner will act as a champion for regulatory reform in the Latrobe Valley and actively investigate red tape reduction to lower the cost of doing business. The Economic Growth Zone will be administered by the Latrobe Valley Authority. Supporting the Community $174 million will be directed to the most pressing infrastructure priorities and community development initiatives. This will include essential infrastructure, like road and rail upgrades, and sport and recreation facilities. The Latrobe Valley Authority will work with the community to determine and fund long-term environmental, social and economic priorities. Collectively, these projects will deliver major benefits to the community, making it a highly liveable area and an attractive place to visit, live and work. Long term commitment to the Valley The Victorian Government and the Latrobe Valley Authority will work with the community over the coming weeks and months and beyond. The total support package of $266 million will be used to build a stronger and brighter future for the Latrobe Valley.
Fact-sheet-A-stronger-future-for-the-Latrobe-Valley.docx