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The concept involves the federal government combining with state and local governments on a pact that will foster development in the Twin Cities.
Similar City Deals have already been struck for Townsville for 15 years and Launceston for five years.
Projects being pursued under the agreements include a stadium and entertainment centre in Townsville and a university relocation and river health upgrade in Launceston.
Member for Indi Cathy McGowan this week met Mr Morrison in Sydney and discussed an Albury-Wodonga deal without receiving a commitment.
Mr Morrison’s ministerial and Liberal Party colleague, the member for Farrer Sussan Ley said she was hopeful of a deal on the compact soon.
“I am working towards an Albury-Wodonga Regional Deal with government colleagues on both sides of the border,” Ms Ley said.
“As the Prime Minister noted during his visit in September, a combined deal for Albury-Wodonga makes sense, and I look forward to a positive outcome in the near future.”
However, Ms Ley noted there was a complexity to the deal with two state governments as well as the councils involved.
“This will be the first deal requiring agreement from five different governments, so there is still a bit more work to do,” she said.
The Victorian election in November and looming March poll in NSW complicate matters, given caretaker conventions.
In addition the federal election likely to be held in May means there is limited time for Mr Morrison to announce a deal before he enters a caretaker period.
The Border Mail approached Albury mayor Kevin Mack and his Wodonga counterpart Anna Speedie to ask what they believed the benefits of a City Deal would be for their communities.
They did not reply specifically on the advantages, instead issuing a statement saying they had approached the matter as part of Two Cities One Community.
“We’ve held numerous meetings with federal government representatives regarding a Regional City Deal, our priority projects and the many opportunities our region presents to provide significant employment and economic growth,” Crs Mack and Speedie said.
“We look forward to continuing to work with the government and would certainly welcome further investment in Albury-Wodonga to build on what’s already happening.”
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