Thursday, February 22, 2024

New Mayor rings in economic plan for Hobsons Bay

Hobsons Bay City Council has officially adopted a strategy aimed at growing, elevating and transforming the local economy over the next five years.

Council voted to adopt the Economic Development Strategy 2023-28 at its recent meeting. The strategy is set to guide Council’s work to support the local economy and is built around three key pillars:

  • Grow: To build strong and resilient precincts by supporting local networks and community enterprise;
  • Elevate: To enhance and promote our valued natural, built and cultural assets across the city and to leverage the strategic advantages they present to the Hobsons Bay City Council economy;
  • Transform: To support green businesses and the broader economy to transition to a new green future, which includes circular economy and zero carbon industries.

The Council’s new Mayor, Matt Tyler (pictured) says community feedback played an important role in the drafting and finalisation of the strategy.

“Our local economy is underpinned by incredible people – workers, business owners and residents – who have been so resilient in the face of several major challenges in recent years,” he said.

“As new challenges arise, this strategy will help guide us, including taking pro-active steps to capitalise on opportunities created by cleaner emerging industries.

“We have so many great opportunities given how close we are to the Melbourne CBD and the Port of Melbourne, as well as our cultural heritage and unique natural environment. This strategy will help us make the most of these advantages.”

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