THE Victorian Government’s 2026/27 budget includes a notable investment towards renewable energy but limited support for infrastructure and development across the peninsula. The budget, which was delivered on 5 May by Treasurer Jaclyn Symes, outlines key funding priorities for Victoria. Among them is a commitment to progressing activities for the Victorian Renewable Energy Terminal at the Port of Hastings. The budget has allocated $124.5m towards the terminal, which includes progressing the Environmental Effects Statement. The terminal is expected to play a key role in Victoria’s transition to renewable energy and will facilitate and enable offshore wind development, particularly in Gippsland.…
Tuesday, May 12
