Albury-Wodonga Development Corporation

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Albury-Wodonga Development Corporation
Albury-Wodonga Corporation Logo.png
Government agency overview
Formed 23 October, 1973
Dissolved 31 December, 2014
Superseding agency
Jurisdiction Federal Government of Australia
Headquarters 8 King Edward Terace, Albury, New South Wales
Employees 3
Government agency executive
  • Peter Veneris, Chief Executive Officer
Key document

The Albury-Wodonga Development Corporation was an agency of the Australian Government operating from 1972 until its abolition in 2014. [2] It was created as part of the Whitlam Governments' National Growth Centre project in an effort to decentralise the population, the corporation role was to manage and develop land with the aim to grow the Albury-Wodonga region to 300,000 people by the year 2000.[3]

History[edit]

In 1972 the Whitlam Federal Labor government selected the cross-border towns of Albury (New South Wales) and Wodonga (Victoria) to form the Albury-Wodonga Growth Centre. The Albury-Wodonga Corporation, a Commonwealth statutory authority, was established by the Albury-Wodonga Development Act 1973. [4]

The role of the corporation was originally as a land developer within the Albury-Wodonga region. The National Growth Centre project officially ended in 1995, but the corporation continued to function. However, In 2004 the corporation ceased development activities at which time it owned 6,500 hectares. It then became the corporation's responsibility to dispose of property assets and provide a financial return to the government in preparation for its abolition.

In July 2014, the Albury-Wodonga Development Corporation (Abolition) Act 2014 was passed in parliament and the wind up of the corporation began. By the end of 2014 the corporation had been wound up and the remaining assets transferred to the Department of Finance (Australia).[2]

References[edit]

  1. ^ Cormann, Mathias. "Wind-up of the Albury-Wodonga Development Corporation | Minister for Finance". www.financeminister.gov.au. The Department of Finance. Retrieved 23 November 2017. 
  2. ^ a b "Final Annual Report" (PDF). Australian Government Department of Finance. Albury-Wodonga Development Corporation. Retrieved 23 November 2017. 
  3. ^ "National Growth Centre Collection". Albury City Council. Retrieved 23 November 2017. 
  4. ^ Stein, Clara. "The growth and development of Albury-Wodonga 1972-2006: united and divided". Macquarie University ResearchOnline. Macquarie University. Retrieved 23 November 2017.