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Regional Economic Development Incentive (REDI)

Regional Economic Development Incentives (REDI) is a package that provides stimulus to facilitate economic growth across all commerce and industries in the Central Highlands’ region.

REDI applies to new facilities and structures, and for the expansion or modernisation of existing facilities.
Incentives could be in the form of (but are not limited to):

  • Rates remission (new and established businesses).
  • Reduction or elimination of fees and charges (charged back to the business unit).
  • Time schedule for payment of fees and charges.
  • Joint marketing or promotions packages.

All REDI applications are considered on a case-by-case basis.

Approved REDI packages are granted in either lump sum, paid by instalments, or can be tied to a project or development goals.

To find out more download the fact sheet , council’s Regional Economic Development Incentive policy and  application form.

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