Latrobe City's Federal Budget Findings 16 May

Latrobe City Council has welcomed the announcement of the establishment of a national Net Zero Authority as confirmed as part of the 2023/24 Federal Budget.

"We understand that the Net Zero Authority will include a focus on the regions, industries and workers that have traditionally powered Australia's economy,' said Mayor of Latrobe City Councillor Kellie O'Callaghan.

"Having served as the centre for power generation in Victoria for over 100 years we look forward to discussing opportunities for Latrobe City with this new entity.

"Our priority is to approach the entity once established to discuss Our Transition plan and the needs of our City, including the role all levels of government have in transition.

Hydrogen and boosting renewable energy production were also key highlights of the Federal Budget with $2 billion invested in Hydrogen Headstart and $1.5 million towards Renewable Energy Zones and offshore wind in Victoria.

"Hydrogen and renewable energy continues to remain a Council priority. While the Federal investment outlined in the Federal Budget is great to see we do understand specific measures for Latrobe City have not been outlined," said the Mayor.

"We will be working to ensure the importance of hydrogen and renewable energy for our region continues to be known to secure support for our City."

Council also acknowledged new measures to tackle the cost-of-living pressures, including electricity cost relief, reduction in childcare fees, rent assistance and access to cheaper medicines.

"We know that people continue to feel the squeeze of the rising cost of living, which is at the detriment to the overall health and wellbeing of our community. These measures, although small, will provide some short-term relief," said Cr O'Callaghan.

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