June 30, 2023
Background
For over 25 years, the City of Greater Bendigo (City) has successfully managed and operated the Bendigo Livestock Exchange (BLE) facility. Through careful management, the City has transformed the BLE into one of the largest exchanges in regional Victoria, overseeing over a million head of sheep annually.
The Bendigo Livestock Exchange Stakeholder Future Forum held in 2019, identified the need to construct a roof over the sheep yards to ensure the ongoing commercial viability of the BLE as a premier selling facility.
Project Goals
To ensure that the BLE remains a leading player in Victoria’s agriculture sector, the CoGB intends to construct a roof over the selling yards. This will improve the welfare and working conditions for livestock and facility users by reducing exposure to extreme weather events. To evaluate the viability of this project, the City required a business case that considered the following:
REMPLAN’s Involvement
REMPLAN was commissioned to complete a business case for the roof upgrade to determine:
Results
Advocacy from political parties was received.
The economic assessment estimates that construction will generate $21.7 million in output, support 45 jobs, and add $6.4 million in value-added. Post-construction operations are estimated to support $4.4 million in output, 14 jobs, and $2.3 million in value-added.