Latrobe City is undergoing a significant economic transition, as it shifts towards a more sustainable and diverse economy.
The region has long been known for its traditional industries, having served as the centre of power generation in Victoria for over 100 years.
The global transition to cleaner sources of energy to address climate change has seen the owner/operators of the region’s coal fired power stations and mines announce their closure dates.
The confirmation of these timelines has led to Latrobe City developing ‘Our Transition’ plan which seeks to build on our strengths and support the region’s economic transition and transformation.
The plan supports the equitable diversification of Latrobe City’s economic base and transition towards a low emission future through attracting investment, upskilling to meet needs, skilled workforce promotion, understanding future job opportunities, providing business support and promoting Latrobe City.
Mayor of Latrobe City, Cr O’Callaghan said Latrobe’s approach to transition reflects the key actions and performance measures of the Council Plan, while remaining responsive to a dynamic and ever-changing environment.
“We are working to be remembered as the region that gets transition right, and I believe that we are indeed on the right path,” said the Mayor.
"Council has an important role to play in transitioning and securing the region’s economic future while ensuring the voice of the community is heard.
“Our work will continue to amplify the depth of insights shared by our community in developing the Council Plan 2021-2025, ensuring we remain committed to the bright and prosperous future for our community.
“Council plays a critical leadership role in advocating for both public and private investment to support community aspirations.
“We know that there is not one solution – it will take diversity of technology and industries to get us to where we want to be.
“The region's economic transition is an exciting development for both businesses and residents. It represents a shift towards a more sustainable and diverse economy, with opportunities for growth and innovation in a range of sectors.
“In delivering our plan, we will take a collaborative approach to ensure we can transition and transform our city. A successful transition must be nurtured by all levels of government and we welcome the support of government to drive our economic and structural transition.”
To review ‘Our Transition’ plan and actions visit www.latrobe.vic.gov.au/transition