The agreement supports ongoing teamwork and advocacy to boost regional economic growth and create local jobs.
It also sets shared principles and a regional plan for economic development, with a focus on reducing the effect of water buybacks and strengthening the manufacturing sector.
Campaspe Shire Mayor Daniel Mackrell said the accord reaffirmed the three councils’ commitment to working together.
“The accord has been developed in recognition of our shared economic challenges as well as our opportunities,” he said.
“It responds to industry and community feedback, promotes economic resilience and will strengthen our advocacy for both government funding and private investment.”
The drafted accord outlines six key principles to boost regional economic development and protect local communities.
First, it commits to driving economic prosperity by supporting local businesses, attracting investment, strengthening education links and creating jobs.
It also emphasises the power of collaboration, encouraging councils to work together and share resources to tackle regional challenges.
The accord promotes a regional approach to growth while recognising the unique needs of each community.
It highlights support for expanding the manufacturing sector, given its critical role in the local economy.
Building resilience is another major focus, with plans to better prepare communities for natural disasters, economic shocks and other crises through stronger emergency response strategies.
Lastly, the accord addresses the impact of water buybacks, calling for fairer policies and targeted investments to protect jobs and minimise economic disruption.
The draft accord is available to view in the agenda for the Tuesday, April 15 council meeting, on the council’s website at https://tinyurl.com/shp7jssm