News

Digging up vital details on economy

By Riverine Herald

A STRATEGY hellbent on maximising what makes our region tick, providing the greatest benefit to our economy, has received the backing of Campaspe Shire Council.

But what it includes is yet to be released to the public, which will only happen once all councils endorse the strategy.

It was council’s turn to give the Loddon Campaspe Regional Economic Growth Strategy the nod on Tuesday last week which it did.

The document sets out a strategic basis and rationale for priority investment in the region.

It has been jointly prepared by the Loddon Mallee Regional Development Australia (RDA) Committee and the Loddon Campaspe Regional Partnership.

The strategy is one of two Regional Economic Growth Strategies (Mallee and Loddon Campaspe) covering the Loddon Mallee region, a region covering an area with a diverse population and a buoyant economy based on agriculture, retail, health, property and manufacturing.

Council believes it will help provide a platform for co-ordinated regional advocacy. In particular when it comes to where investment should be directed within the region.

The strategy has been prepared using inputs from several workshops held across the region in 2018 as well as being underpinned by a strong technical report examining the region’s economic and growth potential.

All six municipalities in the region (Campaspe Shire, Central Goldfields Shire, City of Greater Bendigo, Loddon Shire, Macedon Ranges Shire, Mount Alexander Shire) have been involved in development of the strategy.

Once endorsed by all councils, work will start on an action plan and development of an investment prospectus to highlight the shovel-ready investments that need to be realised to achieve the strategy’s vision.