Federation Council Economic Development Strategy 2021 – 2025
Federation Council has adopted the region’s first Economic Development Strategy following extensive engagement and collaboration with the community.
Within this strategy, Council has set a clear framework to strengthen local business, empower our community, leverage key industries and enhance economic diversity and resilience.
Strategically located between the capital cities of Sydney and Melbourne, the Federation region has a bounty of natural assets. These include fertile soils, the picturesque Murray River, Lake Mulwala, and the Urana Aquatic Centre. Our region has a strong agricultural history of broadacre cropping and livestock farming and is home to some of Australia’s largest manufacturing organisations. Like all regions, Federation faces unique economic challenges including population growth, employment diversity and youth retention. These challenges can be offset and mitigated by leveraging our key strengths, such as our vibrant regional lifestyle, strategic location and availability of land for growth and development.
Through the delivery of this strategy, the Federation region will be dynamic, vibrant and inclusive. We will continue to actively support local business, empower local community participation, and provide diverse opportunities for investment, employment and economic growth.
The main aims of this strategy is to leverage local economic strengths, provide clear pathways for overcoming challenges, and take advantage of economic opportunities.
Federation Council has identified seven strategic themes to guide the delivery of this Economic Development Strategy that are as follows:
- Strengthening local business;
- Empowering our community;
- Leveraging key industries;
- Enhancing economic diversity and resilience;
- Boosting the visitor economy;
- Attracting investment; and
- Increasing skills and economic capacity.
View the strategy below.