Mitchell Shire Council welcomes the more than $1.4 billion in funding from the Australian Government for critical transport connections in our shire, including $280 million for the Camerons Lane Interchange on the Hume Freeway.
As Victoria's fastest growing municipality the early investment in vital infrastructure is essential to support jobs and connectivity.
Camerons Lane Interchange will unlock more than 30,000 homes which will bring more than 90,000 new residents and, partnered with the $1.2 billion investment in the Beveridge Interstate Freight Terminal, support 20,000 jobs.
Access to the Hume Freeway via Camerons Lane will also open up employment opportunities further afield, including direct access onto the Hume Freeway and Seymour Rail lines.
The Beveridge Interstate Freight Terminal (BIFT) is a transformational project that provides the best opportunity to unlock the potential of Inland Rail to deliver up to $13.3 billion of benefit to the nation annually, and almost $4.6 billion to Victoria alone.
Once operational, the terminal will enable freight to be transferred from Victoria's two largest ports of Melbourne and Geelong to the rest of Australia.
The population of Beveridge is project to grow for 5,537 to 30,805 within a decade, 72,040 by 2041 and could ultimately be home to more than 145,000 people.
This growth requires forward-thinking, early delivery and innovative solutions in order to capitalise on the region's potential.
Mitchell Shire Council welcomes this transforming announcement in the Federal Budget for the northern region, for current and future communities.
The Federal government's commitment to the BIFT and Camerons Lane is one of the largest and most welcomed investments in the North.
Now that we have a bipartisan commitment to Camerons Lane, it secures the project for the future.
