The City of Greater Geelong continues to push for a Special Economic Zone for more building and residential developments in the Geelong’s CBD.
Mayor Stretch Kontelj says Geelong is one of the fastest growing regions, but it needs ongoing investment when it comes to housing.
He said the region was being asked to deliver a significant share of the state’s future housing, but the federal budget falls short of matching that with adequate regional investment.
“We welcome the Federal Government’s $2 billion housing enabling infrastructure fund, which reflects strong advocacy from Geelong and regional cities,” Cr Kontelj said.
“It recognises that homes cannot be delivered without the essential infrastructure to support them.
“However, with only 25 per cent available to regional Australia, there remains a clear disconnect between what regions are being asked to deliver and the funding available to support it.”
