(SFBU0DFBO 3PBE3FHJPO 5PXBSETBWJTJPOGPSUIFGVUVSF

"MBOEVTFBOEUSBOTQPSUTUSBUFHZ 1VCMJTIFECZUIF7JDUPSJBO(PWFSONFOU%FQBSUNFOUPG4VTUBJOBCJMJUZBOE&OWJSPONFOU .FMCPVSOF "VHVTU "MTPQVCMJTIFEPOXXXETFWJDHPWBVHSFBUPDFBOSPBE Ï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nBXPGBOZLJOEPSJTXIPMMZBQQSPQSJBUFGPSZPVSQBSUJDVMBSQVSQPTFT BOEUIFSFGPSFEJTDMBJNTBMMMJBCJMJUZGPSBOZFSSPS MPTTPSPUIFSDPOTFRVFODFXIJDINBZBSJTFGSPNZPVSFMZJOH POBOZJOGPSNBUJPOJOUIJTQVCMJDBUJPO (SFBU0DFBO 3PBE3FHJPO 5PXBSETBWJTJPOGPSUIFGVUVSF

4JODFUJNFJNNFNPSJBM "CPSJHJOBMQFPQMF IBWFDBSFEGPSUIJTMBOEBOEJUTOBUVSBMBOE DVMUVSBMSFTPVSDFT5IJTMPOHBOEVOJRVF BTTPDJBUJPODPOUJOVFTUPEBZUISPVHIUIF "CPSJHJOBMDPNNVOJUJFTXIPMJWFBOEXPSL JOUIF(SFBU0DFBO3PBE3FHJPO

"DDPSEJOHMZ UIF7JDUPSJBO(PWFSONFOUJT QSPVEUPBDLOPXMFEHFUIF(VOEJEKNBSB  ,JSSBFXVVSPOHBOE8BUIBVSPOHQFPQMFBT UIFPSJHJOBMJOIBCJUBOUTPGUIJTMBOE .FTTBHFGSPNUIF1SFNJFS

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t1SPUFDUUIFMBOETDBQFBOEDBSFGPSUIFFOWJSPONFOU t.BOBHFUIFHSPXUIPGUPXOT t*NQSPWFUIFNBOBHFNFOUPGBDDFTTBOEUSBOTQPSU t&ODPVSBHFTVTUBJOBCMFUPVSJTNBOESFTPVSDFVTF *GXFXPSLUPHFUIFSBTBDPNNVOJUZXFDBONFFUUIPTFHPBMT BOENBJOUBJOUIF(SFBU0DFBO3PBEBTBOBUJPOBMUSFBTVSF 5PEPTPXPVMECFBNPOVNFOUUPUIF"/;"$TQJSJU

45&7&#3"$,4.1 1SFNJFSPG7JDUPSJB

(SFBU0DFBO3PBE3FHJPO JJJ .FTTBHFGSPNUIF.JOJTUFS

5IF(SFBU0DFBO3PBE3FHJPOJTBMPUNPSFUIBOKVTUUIFDPBTU *UJTBQMBDFPGCFBVUZ GSPNUIFNBKFTUJDDPBTUBMTDFOFSZ UPUIF SVHHFENPVOUBJOSBOHFT QSPEVDUJWFGBSNMBOE UISJWJOHDPVOUSZ UPXOTBOESBJOGPSFTUT .PSFSFTJEFOUTBOEWJTJUPSTUPUIF3FHJPOXJMMCSJOHQSPTQFSJUZ BOEWJUBMJUZIPXFWFSUIBUHSPXUINVTUCFTFOTJUJWFMZNBOBHFE 5IF(SFBU0DFBO3PBE3FHJPO4USBUFHZQSPWJEFTUIFEJSFDUJPOGPS NBOBHJOHGVUVSFHSPXUIBOEDIBOHFUPFOTVSFUIFQSPUFDUJPOBOE FOIBODFNFOUPGUIFSFHJPOTNBHOJmDFOUOBUVSBMBTTFUT  5IFTUSBUFHZCVJMETPOSFMBUFEXPSLJODMVEJOHUIF7JDUPSJBO$PBTUBM 4USBUFHZ SFHJPOBMDBUDINFOUTUSBUFHJFTBOEUIFHPWFSONFOUTWJTJPO GPS7JDUPSJBJO(SPXJOH7JDUPSJB5PHFUIFS 5IFEFWFMPQNFOUPGUIF(SFBU0DFBO3PBE3FHJPO4USBUFHZ PXFTNVDIUPUIFEFEJDBUFEQBSUJDJQBUJPOPGBMMUIPTFXIPDBSF QBTTJPOBUFMZGPSUIJTWFSZTQFDJBMQBSUPG7JDUPSJB *UIBTCFFOBEFNPOTUSBUJPOPGDPMMBCPSBUJPOCFUXFFOUIF7JDUPSJBO (PWFSONFOUBOEUIFmWFDPVODJMTUIBUUPHFUIFSDPNQSJTFUIF SFHJPO-PDBMDPNNVOJUJFT USBOTQPSUBOEUPVSJTUJOUFSFTUTIBWFBMTP QBSUJDJQBUFEJOUIFEFWFMPQNFOUPGUIJT4USBUFHZBOEJOnVFODFEJUT LFZEJSFDUJPOTBOETUSBUFHJFT 0VSDIBMMFOHFOPXJTUPJNQMFNFOUUIJT4USBUFHZBOETBGFHVBSEUIJT VOJRVFSFHJPOGPSGVUVSFHFOFSBUJPOT

."3:%&-")6/5:.1 .JOJTUFSGPS1MBOOJOH

(SFBU0DFBO3PBE3FHJPO W $POUFOUT

 5IF4USBUFHZJOTVNNBSZ  %JSFDUJPO*NQSPWFUIFNBOBHFNFOUPGBDDFTT  BOEUSBOTQPSU  %JSFDUJPO&ODPVSBHFTVTUBJOBCMFUPVSJTNBOE   1BSU5IFWJTJPOBOETUSBUFHZ  SFTPVSDFVTF  5IFWJTJPO  %PDVNFOUTUSVDUVSF  1BSU.POJUPSJOHBOESFWJFX  5IF4USBUFHZQSPDFTT  4USBUFHZSFQPSUJOH  4USBUFHZSFWJFXT  1BSU*NQMFNFOUBUJPO  )PXXJMMUIF4USBUFHZCFJNQMFNFOUFE  "QQFOEJY  0UIFSSFHJPOBMQMBOTBOETUSBUFHJFT  0UIFSLFZTUSBUFHJFT QMBOTBOEQPMJDJFT  *NQMFNFOUBUJPODPNNJUUFF

 'VOEJOHUIF*NQMFNFOUBUJPO1MBO  (MPTTBSZ  *NQMFNFOUBUJPO1MBO

 %JSFDUJPO1SPUFDUUIFMBOETDBQFBOEDBSF  "DSPOZNT  GPSUIFFOWJSPONFOU  %JSFDUJPO.BOBHFUIFHSPXUIPGUPXOT  'JHVSFT

(SFBU0DFBO3PBE3FHJPO WJJ 5IF4USBUFHZ JOTVNNBSZ

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

   " "       !!'*)# !!'*)# !!! ! $!" ! 3+..  " ##" " %  -*1! '! (+!- *2)  !-)# *-% -2*)  %) $!'.! ! .

         * !)  *' %--!#0-- --)(**' *-,03 '')."*- !). )#'!.! -.$ %(**) %-!3. )'!/ %(+.*) *--!./ *-)!



!/!-*-*0#$  *-/ (+!'' !+-/%*) -!!& -%) !/*2) 3! %1!-  1!-. %''  !))!// %1!-

&!)!. -!!&    $ " $  "  !  $ %  !"  "  +*''* 3  "  "  " !#!" "# !   " ##" " 

           

&%'*(!/-!.

).0-! !""! /%1! %-! / 0-) #-*2/$ /* !"%)! /$! -* -!.!-1! (+-*1! /$! ."!/3 *" +-*/! /%*) *" *./' /*2).$%+. 2$!-! %/ ) "*- /$! -!/  !) )*-/$.*0/$ -*0/!. -!. !./ !  *((* /!  * ) %(+-*1! %/. *))! /%)# *-)! ()#!(!)/ ) +*''* 3 ) *-/ ""! /%1! +-*/! /%*) *" !.%#)/! --)(**' 0+#- ! /$! -!/  !) (+!'' /* /$! -%) !. .%#)%"% )/ ') . +!. ) *-,03 . * /* %(+-*1! %/. %#$23 !./ / $(!)/. ) +0'% #/!23. /* /$! -!#%*) ."!/3 +!-"*-() ! ') ) +-&. (+'!(!)/ -%) !. !.+! / /$! $- /!- *" %#$23 !./ *--% *- *./' /*2). /-/!#3

 %!! % $  #" !! " "#" !%   $"&  " %" !#&  "  %!  "$ &  #"!  !#" "  ! " !# #   "!  &!! #" "  "  " # $ "$!""  !!

 (SFBU0DFBO3PBE3FHJPO &OWJSPONFOU "DDFTT %JSFDUJPOPGUIF4USBUFHZJTUPQSPUFDUUIF %JSFDUJPOPGUIF4USBUFHZJTUPJNQSPWFUIF MBOETDBQFBOEDBSFGPSUIFFOWJSPONFOU NBOBHFNFOUPGBDDFTTBOEUSBOTQPSU 5IFTUSBUFHJFTUPBDIJFWFUIJTEJSFDUJPOBSF 5IFTUSBUFHJFTUPBDIJFWFUIJTEJSFDUJPOBSF t4USFOHUIFOQSPUFDUJPOGPSQVCMJDMBOEBOEQBSLT  t&OIBODFUIF(SFBU0DFBO3PBEBTBXPSMEDMBTT USBWFMMJOHFYQFSJFODF  t*EFOUJGZBOEQSPUFDUTJHOJmDBOUMBOETDBQFT  t*NQSPWFSPBETBGFUZ  t&OTVSFFGGFDUJWFQSPUFDUJPOPGDBUDINFOUTBOEDPBTUBM  BSFBT  t%FWFMPQBOEQSPNPUFJOMBOESPVUFT  t1SPNPUFUIFSFHJPOTFOWJSPONFOUBMBOEDVMUVSBM t1SPWJEFNPSFUSBWFMDIPJDFTUPBOEXJUIJOUIF WBMVFT  SFHJPO 

4FUUMFNFOU 1SPTQFSJUZ %JSFDUJPOPGUIF4USBUFHZJTUPNBOBHFUIFHSPXUI %JSFDUJPOPGUIF4USBUFHZJTUPFODPVSBHF PGUPXOT TVTUBJOBCMFUPVSJTNBOESFTPVSDFVTF 5IFTUSBUFHJFTUPBDIJFWFUIJTEJSFDUJPOBSF 5IFTUSBUFHJFTUPBDIJFWFUIJTEJSFDUJPOBSF t3FTQFDUUIFDIBSBDUFSPGDPBTUBMUPXOTBOEQSPNPUF t1SPNPUFUIFHFPHSBQIJDBOETFBTPOBMEJTQFSTBMPG CFTUQSBDUJDFEFTJHOGPSOFXEFWFMPQNFOU  WJTJUPSTUISPVHIPVUUIFXIPMFSFHJPO  t%JSFDUVSCBOHSPXUIUPUPXOTIJQTXIFSFJUDBOCF t%FWFMPQXPSMECFTUQSBDUJDFTVTUBJOBCMFUPVSJTN  CFTUBDDPNNPEBUFEBOEMJNJUHSPXUIFMTFXIFSF  t%JSFDUTJHOJmDBOUUPVSJTNGBDJMJUJFTUPLFZUPXOTBOE t&ODPVSBHFTVTUBJOBCJMJUZBTUIFSFHJPOHSPXT  TUSBUFHJDMPDBUJPOT  t4VQQPSUMBOEVTFBOEUSBOTQPSUOFFETPGLFZSFHJPOBM JOEVTUSJFT  t6TFOBUVSBMSFTPVSDFTXJUIDBSF  t*NQSPWFTBGFUZBOEFNFSHFODZNBOBHFNFOU QMBOOJOH 

(SFBU0DFBO3PBE3FHJPO  1BSU5IFWJTJPO  BOETUSBUFHZ

5IFWJTJPO "WJTJPOGPSUIFGVUVSF 5IF(SFBU0DFBO3PBE3FHJPOXJMMCFWJCSBOU QSPTQFSPVTBOECFBVUJGVM*UTEJWFSTFOBUVSBMBOECVJMUFOWJSPONFOUXJMM CFVOJWFSTBMMZSFDPHOJTFE QSPUFDUFEBOEFOIBODFE*UXJMMDPOUJOVFUPCFBQSJNFWJTJUPSEFTUJOBUJPOXJUIXPSMEDMBTT TUBOEJOH"TUSPOH TVTUBJOBCMZCBTFEFDPOPNZXJMMCFUIFGPVOEBUJPOGPSJUTDPOUJOVFEQSPTQFSJUZ5IFDIBOHJOH MJGFTUZMFOFFETPGUIFDPNNVOJUZXJMMCFBDLOPXMFEHFEBOEBDDPNNPEBUFE

 (SFBU0DFBO3PBE3FHJPO 5IF7JDUPSJBO *OUSPEVDUJPO (PWFSONFOUTWJTJPO 5IF7JDUPSJBO(PWFSONFOUSFDPHOJTFTUIBUUIF(SFBU0DFBO 3PBE3FHJPOOFFETBMPOHUFSNTUSBUFHZGPSNBOBHJOHBOE 5IF7JDUPSJBO(PWFSONFOUT(SPXJOH7JDUPSJB5PHFUIFS JOUFHSBUJOHEFWFMPQNFOUBOEQSPWJEJOHBOBQQSPQSJBUF QPMJDZ SFMFBTFEJO PVUMJOFTBCSPBEWJTJPOGPSUIF MFWFMPGTVQQPSUJOHJOGSBTUSVDUVSF GVUVSFEFWFMPQNFOUPGUIFTUBUF(SPXJOH7JDUPSJB5PHFUIFS JEFOUJmFTUIFQSPNPUJPOPGTVTUBJOBCMFEFWFMPQNFOUBOE "GBJMVSFUPNBOBHFHSPXUITVTUBJOBCMZXPVMESFTVMUJO UIFQSPUFDUJPOPGUIFFOWJSPONFOUGPSGVUVSFHFOFSBUJPOTBT tFOWJSPONFOUBMEBNBHF LFZTUSBUFHJDJTTVFTUIBUSFRVJSFQSJPSJUZBDUJPO5IF(SFBU  0DFBO3PBE3FHJPO4USBUFHZSFnFDUTUIJTGPDVT*UBMTP tSFEVDFEWJTJUPSTBUJTGBDUJPO CVJMETPOUIFQSJODJQMFTPG.FMCPVSOF UIF7JDUPSJBO tQPUFOUJBMMPTTPGOBUVSBMBTTFUT (PWFSONFOUTMBOEVTFBOEUSBOTQPSUQMBOGPSHSFBUFS .FMCPVSOF CZQSPWJEJOHBDPNQMFNFOUBSZQMBOGPS tVOTVTUBJOBCMFHSPXUIJOTPNFUPXOTBOEDPNNVOJUJFT QSPNPUJOHTVTUBJOBCMFEFWFMPQNFOUBOEQSPUFDUJOHUIF tMPTTPGUPXOTIJQDIBSBDUFS XJUIJOBQQSPQSJBUF FOWJSPONFOUPGUIF(SFBU0DFBO3PBE3FHJPO EFWFMPQNFOU 5IF(SFBU0DFBO3PBE3FHJPO4USBUFHZBMTPMJOLTXJUIUIF tHSPXJOHDPOHFTUJPOPOUIF(SFBU0DFBO3PBEBOEB 7JDUPSJBO$PBTUBM4USBUFHZ UIF7JDUPSJBO(PWFSONFOUT GVSUIFSSFEVDUJPOJOSPBETBGFUZ MPOHUFSNGSBNFXPSLGPSUIFTVTUBJOBCMFNBOBHFNFOUPG UIF7JDUPSJBODPBTUMJOF5IF7JDUPSJBO$PBTUBM3FQPSU tSFEVDFERVBMJUZPGMJGFJONBOZUPXOTBOEDPNNVOJUJFT TIPXTUIBUQFSDFOUPGUIFBDUJPOTJOUIF7JDUPSJBO tJODSFBTFEmSFSJTLBOEUIFOFFEGPSFNFSHFODZ $PBTUBM4USBUFHZBSFVOEFSXBZ POHPJOHPSDPNQMFUFE NBOBHFNFOU ,FZBDIJFWFNFOUTPGUIJT4USBUFHZJODMVEFUIFmOBMJTBUJPO PGDPBTUBMBOEDBUDINFOUNBOBHFNFOUQMBOTBOEUIF $BSFGVMQMBOOJOHBOENBOBHFNFOUPGUIFSFHJPOTGVUVSF FTUBCMJTINFOUPG/BUJPOBM.BSJOF1BSLTBOE4BODUVBSJFT HSPXUIBOEEFWFMPQNFOU JOUIFDPOUFYUPGBTIBSFEWJTJPO 5IFJNQMFNFOUBUJPOPGUIF(SFBU0DFBO3PBE3FHJPO BOEBEFEJDBUFE MPOHUFSNTUSBUFHZ XJMMBWPJENBOZPG 4USBUFHZXJMMDPOUSJCVUFTJHOJmDBOUMZUPUIF7JDUPSJBO UIFTFQPUFOUJBMQSPCMFNT $PBTUBM4USBUFHZTPCKFDUJWFUPQMBOBOENBOBHFUIFVTF PG7JDUPSJBTDPBTUBMSFTPVSDFTPOBTVTUBJOBCMFCBTJTPG SFDSFBUJPO DPOTFSWBUJPO UPVSJTN DPNNFSDFBOETJNJMBS VTFTJOBQQSPQSJBUFBSFBT

(SFBU0DFBO3PBE3FHJPO  %PDVNFOUTUSVDUVSF

5IF(SFBU0DFBO3PBE3FHJPO4USBUFHZPVUMJOFTBTIBSFE 1BSU*ODMVEFTBO*NQMFNFOUBUJPO1MBOUIBUJEFOUJm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mOFNFOUTUPCFJOUSPEVDFEPWFSUJNF

   "      $     

         "                                 "                                        "                    !

      $ ! !

     "#

!        $      %! ! !

 (SFBU0DFBO3PBE3FHJPO 5IF4USBUFHZQSPDFTT

5IF(SFBU0DFBO3PBE3FHJPO4USBUFHZIBTCFFO EFWFMPQFEUISPVHIBDPOTVMUBUJWFQSPDFTT JOJUJBUFECZ %SBGU(SFBU0DFBO3PBE UIF7JDUPSJBO(PWFSONFOUBOETVQQPSUFECZUIFmWF 3FHJPO4USBUFHZ DPVODJMT"MMTUBLFIPMEFSTIBWFCFFOHJWFOUIFPQQPSUVOJUZ UPQBSUJDJQBUFJOUIFEFWFMPQNFOUPGUIF4USBUFHZBOEUP 'PMMPXJOHDPOTJEFSBUJPOPGUIFSFTQPOTFTUPUIF%JTDVTTJPO JOnVFODFJUTBQQSPWFELFZEJSFDUJPOTBOETUSBUFHJFT 1BQFS UIFESBGU(SFBU0DFBO3PBE3FHJPO4USBUFHZXBT SFMFBTFEJO/PWFNCFSGPSQVCMJDDPOTVMUBUJPOBOE "4UFFSJOH$PNNJUUFFDPNQSJTJOHSFQSFTFOUBUJWFTGSPN QVCMJDDPNNFOU"-BOETDBQF$IBSBDUFS"TTFTTNFOU SFMFWBOU7JDUPSJBO(PWFSONFOUEFQBSUNFOUTBOEBHFODJFT 4UVEZQSFQBSFECZDPOTVMUBOUTXBTSFMFBTFEXJUIUIF BOEUIFm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tQVUUIFFOWJSPONFOUmSTU 3FTQPOTFUPUIFLFZ tNBOBHFUIFEFWFMPQNFOUBOEQMBOOJOHPGUPVSJTNUP FOTVSFJUEPFTOPUEJNJOJTIUIFSFHJPOTOBUVSBMWBMVFT JTTVFTJEFOUJmFEJOUIF BOEBTTFUT DPOTVMUBUJPOQSPDFTT tQSPUFDUUIFTDFOJDBOEMBOETDBQFWBMVFTPGUIFSFHJPO 'FFECBDLGSPNUIFDPOTVMUBUJPOQSPDFTTEFNPOTUSBUFE tNBOBHFUIFGVUVSFHSPXUIPGUIFSFHJPOTUPXOTIJQT  TUSPOHTVQQPSUGPSUIFESBGU4USBUFHZBTUIFCBTJTGPS QBSUJDVMBSMZBMPOHUIFDPBTU UPFOTVSFUIFCFBVUZ  EJSFDUJPOBOEDPPSEJOBUJPOPGMPOHUFSNHSPXUIBOE MJGFTUZMFBOEDIBSBDUFSPGUIFTFUPXOTBSFOPUMPTU DIBOHFJOUIFSFHJPO'FFECBDLSFTVMUFEJOTFWFSBM PSDPNQSPNJTFE JOJUJBUJWFTCFJOHSFXSJUUFOGPSDMBSJUZPSSFFYBNJOFEUPBWPJE tJNQSPWFBDDFTTUPUIFSFHJPO QBSUJDVMBSMZUIFDPBTU  EVQMJDBUJPOJOPUIFSQBSUTPGUIF4USBUFHZ/PJOJUJBUJWFTJO XIJMFNBJOUBJOJOHUIFUPVSJTUGVODUJPOPGUIF(SFBU UIFESBGU4USBUFHZIBWFCFFOMFGUPVUJOUIFmOBM4USBUFHZ 0DFBO3PBE 3BUIFS TPNFJOJUJBUJWFTIBWFCFFOTUSFOHUIFOFEBOEGVSUIFS TVQQPSUFEXJUIBQQSPQSJBUFBDUJPOT tSFDPHOJTFUIFEJWFSTFMPDBMDIBSBDUFSPGEJGGFSFOUQBSUT PGUIFSFHJPO 5IFTDPQFPGUIF4USBUFHZBTBMBOEVTFBOEUSBOTQPSUQMBO BOEJUTMJOLTXJUIPUIFSHPWFSONFOUJOJUJBUJWFTJTNPSF tQSPWJEFBDPPSEJOBUFESFTQPOTFGSPN DMFBSMZFYQMBJOFE*OQBSUJDVMBS UIFJNQPSUBODFPGUIF HPWFSONFOUBHFODJFT IJOUFSMBOEJTFYQMBJOFEBOENPSFEFUBJMBCPVUNFBTVSFT tDPNQMFNFOUPUIFSMPDBMBOESFHJPOBMTUSBUFHJFT UPFOIBODFQVCMJDMBOENBOBHFNFOUJOUIFSFHJPOJT BOEJOJUJBUJWFT QSPWJEFE5IJTJODMVEFTTQFDJmDSFGFSFODFUPUIF 7JDUPSJBO&OWJSPONFOUBM"TTFTTNFOU$PVODJMT 7&"$T  "OHBIPPL0UXBZ*OWFTUJHBUJPOGPSDSFBUJOHBOFYQBOEFE OBUJPOBMQBSL BOEPUIFSNFBTVSFTGPSQSPUFDUJOHBSFBT XJUIIJHIFDPMPHJDBMFOWJSPONFOUBMWBMVF

(SFBU0DFBO3PBE3FHJPO  'JSFBOEFNFSHFODZNBOBHFNFOUNFBTVSFTBSFBEESFTTFE JONPSFEFUBJMBOEBOBEEJUJPOBMTUSBUFHZBOEBDUJPOTIBWF 8IBUJTUIFTDPQF CFFOJODMVEFEGPSUIJTJNQPSUBOUJTTVF.PSFEFUBJMIBT 5IF(SFBU0DFBO3PBE3FHJPO4USBUFHZJTBMBOEVTFBOE CFFOJODMVEFEPOJOJUJBUJWFTBOEUPPMTUIBUDBOCFVTFEUP USBOTQPSUQMBOGPSNBOBHJOHHSPXUIBOEDIBOHFBDSPTT QSPUFDUUIFDIBSBDUFSPGTNBMMDPBTUBMTFUUMFNFOUTBOEMJNJU UIF(SFBU0DFBO3PBE3FHJPOPWFSBZFBSUJNFGSBNF UIFTQSFBEPGSJCCPOEFWFMPQNFOUBMPOHUIFDPBTU 5IFSFHJPOJTEFmOFEBTFYUFOEJOHGSPN5PSRVBZJOUIFFBTU 5IF4USBUFHZJODMVEFTNPSFEFUBJMBCPVUIPXUIF UP8BSSOBNCPPMJOUIFXFTU BOEOPSUIXBSEUPUIF1SJODFT -BOETDBQF$IBSBDUFS"TTFTTNFOU4UVEZXJMMCFUSBOTMBUFE )JHIXBZ*UTTPVUIFSOCPVOEBSZJTEFmOFECZUIFDPBTU JOUPMPDBMQMBOOJOHTDIFNFQSPWJTJPOTBTBDPOTJTUFOU BOEUIF(SFBU0DFBO3PBE*UDPWFSTmWFDPVODJMBSFBT BOESPCVTUNFUIPEPMPHZGPSJEFOUJGZJOHBOEEFTDSJCJOH $PMBD0UXBZ $PSBOHBNJUF .PZOF 4VSG$PBTU4IJSFTBOE MBOETDBQFDIBSBDUFSBOEQSPWJEJOHQMBOOJOHUPPMTUPNBOBHF UIF$JUZPG8BSSOBNCPPM XJUIBQPQVMBUJPOPGBSPVOE EFWFMPQNFOUJOTJHOJmDBOUMBOETDBQFT4QFDJmDNFBTVSFT  QFPQMF UPJNQSPWFUIFNBOBHFNFOUPGUIF(SFBU0DFBO3PBEBOE 8IJMFUIF4USBUFHZQSJNBSJMZSFTQPOETUPUIFDIBMMFOHF JNQSPWFSFHJPOBMBDDFTTIBWFCFFOJODMVEFE PGNBOBHJOHHSPXUIBOEDIBOHFBMPOHUIFDPBTU  5IF4USBUFHZBMTPJODMVEFTNPSFJOGPSNBUJPOBCPVU SFTPMVUJPOPGUIFTFJTTVFTNVTUJODMVEFDPOTJEFSBUJPOPG UIFIJOUFSMBOE5IFIJOUFSMBOEJTJOUSJOTJDBMMZMJOLFEXJUI tUIFJNQBDUTPGDMJNBUFDIBOHFPOUIFSFHJPOBOE UIFDPBTUBOEJUTJTTVFT QBSUJDVMBSMZJOSFMBUJPOUPBDDFTT EFUBJMTPGSFHJPOBMHSFFOIPVTFHBTBCBUFNFOUJOJUJBUJWFT BOEUSBOTQPSU5IF4USBUFHZSFDPHOJTFTUIBUDPVODJMTJOUIF tIFSJUBHFBOE"CPSJHJOBMDVMUVSBMIFSJUBHFJTTVFTBOE SFHJPOHPWFSOBOEQMBOGPSCPUIDPBTUBMBOEIJOUFSMBOE SFMFWBOUTUSBUFHJFTBOENFBTVSFTGPSQSPUFDUJOHUIFTF DPNNVOJUJFT*ODMVTJPOPGUIFIJOUFSMBOENFBOTBNPSF JNQPSUBOUFMFNFOUTPGUIFSFHJPO TUSBUFHJDBQQSPBDIDBOCFUBLFOUPBEESFTTLFZSFHJPOBM JTTVFT TVDIBTQSPNPUJOHBMUFSOBUJWFSPVUFTJOMBOEUP tJOEVTUSZQMBOTBOENFBTVSFTUPIFMQEJTQFSTFWJTJUPST BMMFWJBUFTFBTPOBMDPOHFTUJPOBOEJNQSPWFTBGFUZPOUIF BDSPTTUIFSFHJPO (SFBU0DFBO3PBE NBOBHJOHUPXOTIJQHSPXUIBOE tUIFJNQMFNFOUBUJPOPGUIFOFXSVSBM[POFTBTBMBOE EJTQFSTJOHWJTJUPSTBOEUPVSJTNEFWFMPQNFOU VTFQMBOOJOHNFBTVSFUPTVQQPSUQSJNBSZJOEVTUSZBOE 5IF4USBUFHZMPPLTCFZPOEJNNFEJBUFHSPXUIEFNBOET QSPUFDUBSFBTCFUXFFOUPXOT BOETFUTBWJTJPOGPSUIFSFHJPOUIBUJTCBTFEPO FDPOPNJDBMMZ FOWJSPONFOUBMMZBOETPDJBMMZTVTUBJOBCMF EFWFMPQNFOU UISPVHICBMBODFEBOENBOBHFEHSPXUIPG TFMFDUFEUPXOTBMPOHUIFDPBTUBOEJOMBOE5IFQSJODJQMFT PGTVTUBJOBCJMJUZoEFWFMPQNFOUUIBUNFFUTQSFTFOUEBZ OFFETBOEBTQJSBUJPOTXJUIPVUDPNQSPNJTJOHUIFBCJMJUZ PGGVUVSFHFOFSBUJPOTUPNFFUUIFJSPXOOFFEToIBWF EJSFDUMZHVJEFEUIFJEFOUJmDBUJPOBOEEFWFMPQNFOUPGUIF 4USBUFHZTLFZEJSFDUJPOT TUSBUFHJFT JOJUJBUJWFTBOEBDUJPOT 1MBOOJOHGPSMBOEVTFBOEUSBOTQPSUJOUIF(SFBU0DFBO 3PBE3FHJPONVTUDPOTJEFSJNQPSUBOUJTTVFTTVDIBT UIFFOWJSPONFOU UIFDPBTU IFSJUBHFBOESFHJPOBM EFWFMPQNFOU5IJTXBTBDMFBSNFTTBHFGSPNUIF DPOTVMUBUJPOQSPDFTTFTUIBUTJHOJmDBOUMZJOnVFODFE UIFEFWFMPQNFOUPGUIF4USBUFHZ

 (SFBU0DFBO3PBE3FHJPO -BOEVTFBOEUSBOTQPSUQMBOOJOHJTJNQPSUBOUGPSTVQQPSUJOH 5IJT4USBUFHZSFDPHOJTFTUIFJNQPSUBOUXPSLUIBUUIF UIFOFFETPGDPNNVOJUJFT)PXFWFS PUIFSBSFBTPG %FQBSUNFOUPG)VNBO4FSWJDFTBOEUIF%FQBSUNFOUPG HPWFSONFOUBDUJWJUZBSFBMTPJNQPSUBOU4VQQPSUGSPN 7JDUPSJBO$PNNVOJUJFTBSFVOEFSUBLJOHJOSFMBUJPOUP PUIFSHPWFSONFOUBHFODJFTJTQBSUJDVMBSMZJNQPSUBOUJOUIF DPNNVOJUZCVJMEJOH IFBMUI IPVTJOHBOE (SFBU0DFBO3PBE3FHJPOXIFSFSFDFOUEFWFMPQNFOUBOE DPNNVOJUZTFSWJDFT EFNPHSBQIJDDIBOHFTBSFJNQBDUJOHPOMPDBMDPNNVOJUJFT

        "%$ ""(* " %+($ %(*"$   (%," #&(%-$  ($  $ ") %(  (-%$  )

                %$   ((+(( %('+.    (($#%%"    %"     ""$)%( $) () $")         (.) $"*        #%%$  #&)%$         %(()*                   %($

  *(%(%+ %(* #&""   &(* %$ (!           .  ,(     ,() "" $$**  ,( ( $*%-$      !$) (!          &%""% .        

           ! "%#*()

(*$ %  " %" %,($#$* ( %+$( ) !) $( ,() %) +"  "$ *+.( ( $ &(!) $ )$*+( )

       !         !   

(SFBU0DFBO3PBE3FHJPO  Part 2: 2 Implementation How will the Strategy be implemented?

Implementation of the Region Strategy planning permit applications will need to be consistent will involve the Victorian Government, councils, industry with the Strategy. For example, councils will need to be and the community working together to manage the satisfied that proposed development responds to the region’s future development. character of coastal towns and significant landscapes. Support and cooperation will be essential to successful The Implementation Plan is a dynamic document, and implementation of the Strategy. Councils and Victorian will be reviewed every five years to ensure that it remains 2 Government departments and agencies will play a key role relevant and up-to-date. While the Implementation Plan in implementing the Strategy by using it to inform their primarily focuses on short and medium-term initiatives and decision making. Councils will need to understand how actions (commenced within the next year or two years), the directions and initiatives in the Strategy relate to their the key directions of the Strategy are the strategic basis for strategic and statutory land use planning responsibilities, managing growth and change within the region for the and review their processes accordingly. Assessment of next 20 years. Other regional plans and strategies

The Great Ocean Road Region Strategy is coordinated weed strategies and local catchment plans. Councils also with other key regional strategies and plans to ensure undertake work that will contribute to the implementation planning for land use and transport is integrated with key of the Strategy, such as specific strategic planning exercises activities such as land and coastal management, water for settlements and coastal action plans. and sewerage infrastructure planning, tourism planning, Key strategies that complement the Great Ocean Road heritage protection and regional development. It will be Region Strategy are: important for the Victorian Government, councils and other agencies to work in partnership to coordinate •Corangamite Regional Catchment Strategy 2003–2008 their initiatives. •Victorian Coastal Strategy 2002 The actions from relevant strategies, such as regional •Victorian Heritage Strategy 2000–2005, including catchment plans and regional tourism plans, will be Shipwrecks 2005 important for the implementation of the Great Ocean Road Region Strategy. This will also mean some key issues, such • West A1 Corridor Strategy – Waurn as biodiversity conservation, will be addressed in more Ponds to South Australian Border detail in related documents such as catchment, coastal •Great Ocean Road Regional Tourism Development Plan and park management plans. 2004–2007 (under preparation) It is acknowledged there is a great deal of more specific •’s Tourism Industry Strategic Plan 2002–2006 work that will continue to be undertaken in the region and contribute to the implementation of this Strategy. •Victorian Tourism Infrastructure Development Strategy For example, while regional catchment plans provide the (under preparation). overarching framework for natural resource management, These strategies have been addressed in relevant parts of there is a great deal of work that underpins natural the Great Ocean Road Region Strategy. A comprehensive resource management. Such work includes strategies list of relevant strategies, plans and policies is provided in relating to native vegetation management, river health, the Appendix.

9 Great Ocean Road Region Great Ocean Road Region 10 Implementation committee

An implementation committee will be established implementation of the Strategy. The committee will also to facilitate the implementation of the Great Ocean provide an information sharing forum on related strategies Road Region Strategy. This committee will have similar such as the Princes Highway West Corridor Strategy and representation to the Steering Committee which oversaw regional tourism strategies. the development of the Strategy. Councils and agencies An Implementation committee will be convened by the will have responsibility for the direct implementation of Department of Sustainability and Environment and meet their initiatives and actions in the Implementation Plan. at least twice a year. Terms of reference will be prepared The committee will support the development of outlining the purpose, responsibilities and operation of the partnerships with other agencies, stakeholders and committee. More specific details of the committee will be community groups to promote understanding and 2 determined at a later date. Funding the Implementation Plan

Sources and availability of funding do not form part Funding applications would be subject to prioritisation of the Implementation Plan. The Strategy has been through normal budget processes. Importantly, councils developed cooperatively between the councils and agencies and agencies will be able to use this Strategy and represented on the Steering Committee. As such, individual Implementation Plan to justify future funding bids. agencies have a responsibility to implement relevant The Victorian Government has already provided significant initiatives and apply for funding or form partnerships funding for a number of initiatives identified in this through their own means. This may involve seeking funding Implementation Plan. This includes funding of initiatives from federal and/or Victorian Government programs. for road improvements and public land in the Otways. It also includes initiatives for landscape protection and the development of the Structure Plan. Implementation Plan

This Implementation Plan shows how the strategies The Victorian Government recognises a number of councils underpinning the four major directions of the Great Ocean have already started work on some of the initiatives and Road Region Strategy will be implemented. actions in the Implementation Plan, particularly those relating to landscape character assessment. The Department A brief summary response provides an overall explanation of Sustainability and Environment is providing assistance for the implementation of the Strategy, while an to councils to develop planning controls for landscape accompanying table sets out specific initiatives and actions protection. It will also support the professional development under each strategy. Importantly, the Implementation Plan of planners to improve decision-making capability. identifies a lead agency responsible for implementing each action. It will be the responsibility of the lead agency to The Victorian Government has also made a commitment coordinate and manage the implementation of actions to creating an expanded Otway National Park. The creation of with partner agencies. an expanded national park will contribute significantly to the implementation of the Great Ocean Road Region Strategy. Implementation of the Great Ocean Road Region Strategy will involve the Victorian Government, councils, industry and the community working together to guide the region’s future development. The success of the Strategy rests with the commitment of these stakeholders and their ability to implement the initiatives and actions in a coordinated, consistent and holistic manner.

9 Great Ocean Road Region Great Ocean Road Region 10 Direction 1: Protect the landscape and care for the environment

The recommendations contained in VEAC’s Angahook-Otway Strategy 1.1: Strengthen Investigation Draft Proposals Paper, adopted the principles protection for public land of ecologically sustainable development and considered the need to conserve and protect biological diversity, areas and parks of ecological, natural, landscape or cultural significance as well as recreational value or geological significance. Response It also considered the environmental, social and The Victorian Government’s policy commitment to create economic consequences of implementing its proposed ‘a new future for the Otways’ includes the phasing out of recommendations. native forest timber harvesting on public land by 2008, 2 The expansion of protected areas in the Otways will directly the creation of an expanded national park and further implement the priorities of the Great Ocean Road Region protection of other native forest areas. The Department Strategy by providing additional protection to significant of Sustainability and Environment is managing the natural and cultural values in coastal and hinterland areas. phasing-out of timber harvesting. In 2003, the Victorian This expansion will complement recently established Government requested the Victorian Environmental Marine National Parks and Marine Sanctuaries which Assessment Council (VEAC) carry out an investigation of provide high levels of protection for representative marine the public land within the Otway Ranges to determine the ecosystems. Management plans for these areas are being boundaries of: developed by Parks Victoria with community input. • a single national park in the Otway Ranges including The Victorian Government and the community have public land extending from Anglesea to proactively protected land in the region through a range • any other public land currently managed as State of land purchase and planning scheme measures. Forest which would be suitable for addition to existing The Victorian Government, in partnership with the State Parks or nature conservation reserves, or for community, has purchased large areas of land between inclusion in new nature conservation reserves once Airey’s Inlet and Anglesea to protect the heathland areas. native forest logging ceases in the Otways. In addition, protective covenants have been utilised to protect outstanding flora and fauna and scenic values VEAC’s Final Recommendations Report will be submitted in in the region. The Department of Sustainability and November 2004. This report will make recommendations Environment and are currently working for the new national park and public land use changes. together to establish management arrangements for The Victorian Government will respond to its approximately 100 hectares of significant land at Ironbark recommendations within six months. Basin near Anglesea.

11 Great Ocean Road Region Great Ocean Road Region 12 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

1.1 Strengthen protection for public land and parks

1.1.1 Create a continuous national Subject to submission of the Short–medium Department of park extending from Anglesea VEAC Final Recommendations Sustainability and to Cape Otway. Report, and subsequent Environment amendments to legislation.

1.1.2 Continue to undertake reviews Parks within the region will be Long Parks Victoria of park management plans in subject to management plan 2 accordance with Parks Victoria’s review in line with Parks Victoria review program. plan review program.

Implement management actions Long Parks Victoria for the parks in the region in accordance with Parks Victoria’s Corporate Plan and as part of statewide, prioritised programs.

1.1.3 Finalise management plans for Finalise management plans for Short Parks Victoria Marine National Parks and Marine Point Addis Marine National Park, Sanctuaries. Point Danger Marine Sanctuary and Eagle Rock Marine Sanctuary.

Commence management plans for Short Parks Victoria Twelve Apostles Marine National Park and The Arches Marine Sanctuary, in accordance with Parks Victoria’s management planning program.

Implement management actions Long Parks Victoria for the Marine National Parks and Marine Sanctuaries in the region in accordance with Victoria’s Marine National Parks and Marine Sanctuaries Management Strategy and individual Park Management Plans.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

11 Great Ocean Road Region Great Ocean Road Region 12 the Planning Institute of (Vic.). Figure 4 outlines Strategy 1.2: Identify and the region’s broad landscape types. protect significant landscapes As part of the Great Ocean Road Landscape Character Response Assessment Study, a series of municipal toolkits have also been developed. These toolkits will be translated into Identifying and protecting the Great Ocean Road Region’s statutory planning controls to provide a higher level of significant landscapes was raised during community protection for significant areas through council planning consultation as an issue requiring Victorian Government schemes. The Department of Sustainability and Environment attention. The Great Ocean Road Landscape Character is facilitating the translation of the municipal toolkits into Assessment Study has been strongly supported by a wide 2 draft planning scheme amendments for each of the five range of stakeholders as an appropriate mechanism councils. Each council will be responsible for the amendment for protecting significant landscapes and managing process. The Department of Sustainability and Environment development within the region. The Study has been will provide further guidance to local planners on how to acknowledged as a best practice model for the assessment best use and apply these tools. of landscape on a regional scale, with community groups, councils and a peer review all endorsing it. It has also In addition, the implementation of new rural zones (see received professional recognition, receiving an award from Strategy 4.4) will ensure a greater level of environmental and landscape protection and improved control over subdivision.

� �������� ��� ��� �� �� ������� �� � ���������

� ���������� �

� � � � � ������ � � � ������ � ������ �� ���������� � � � � � ����� � ��� � � �� ��� ��� � ��� � � � �� � � �� ������ ��� ���������� ������� ��� ����� ����������� ��� ��� ��� ���������� ��� ����� ����� ��� �������� ��� ��� ������� ��� ������ ����� ��� ������� ������� ����� ��� ��� �� ��� � ������������ � ���� �������� ��� ���������� ����� ��� ��� ����� � � ������ ���� �� ������� ����� � ���������� ��� �� � ������ ����� ��� � � ������ ��� ��� ��� ����� ������ � ��������� ��������� ����� ��� ��������� � �� �� ������� ���������� �� �������������� ��� ����������� � ��������� ��������� ���������� ����� ����������

����� ����� ���� ������� ������� ����� ����� ������� ��� ����� ��������� ��������� ��� ����� ���� � ���� ���� � ���� ���� � ���� ����� ����� ���������� ������� ������� ������� ������ ���� ���� ��� ������� ���� � ���� � ����

������� �� �������� ������ �� ���������� ��������� ������ � ��������� ��������� ����� ��� ���� ����������� ����� �� ��� ��������� ���������� ������

13 Great Ocean Road Region Great Ocean Road Region 14 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

1.2 Identify and protect significant landscapes

1.2.1 Protect the most significant Review recommendations outlined Short Department of Councils landscapes through the in the Landscape Character *commenced Sustainability and planning system. Assessment Study municipal Environment toolkits and facilitate the translation into a draft planning scheme amendments. 2 Undertake mapping of Short Department of Councils recommended Significant *commenced Sustainability and Landscape Overlays. Environment

Undertake amendment process to Short–medium Councils Department of implement in planning schemes. Sustainability and Environment

1.2.2 Improve training and education Create a Victoria Planning Provisions Medium Department of on the use and application of Practice Note providing guidance to Sustainability and significant landscape overlays. best practice landscape analysis Environment and implementation.

Utilise the PLANET Professional Short–medium Department of Development program to Sustainability and promote better application and Environment understanding of significant landscape overlays.

Conduct workshops on the Short Department of Landscape Character Assessment Sustainability and Study across the Great Ocean Environment Road Region for council planners.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

13 Great Ocean Road Region Great Ocean Road Region 14 The Victorian Government has been working to improve Strategy 1.3: Ensure effective arrangements for coastal planning and management in protection of catchments the region. Strategic coastal planning is the responsibility of the Western Coastal Board (WCB), primarily through and coastal areas supporting the implementation of the Victorian Coastal Strategy and the preparation of Coastal Action Plans. Response The ongoing review of coastal action plans will be Strong residential and visitor growth and associated rapid important in updating the management of public land urban development have put pressure on coastal and foreshore reserves. catchment areas. The Corangamite Regional Catchment 2 The Victorian Government has also been working to Strategy, which covers most of the Great Ocean Road improve arrangements for coastal planning in the region. Region, identifies these trends as a major threat to the A review of committees of management within the natural assets of the region. The impact of development Surf Coast Shire has resulted in a single committee of on catchments, particularly from waste water systems in management being created to simplify management unsewered areas and from demand for services such as arrangements while retaining organisational and land water, needs to be carefully managed. This is particularly management skills, local knowledge and representation. true for communities at the eastern end of the Great Ocean Road, Apollo Bay and the western end at Peterborough To support these planning and management activities, and Allansford. the Victorian Government and the community have invested significant resources into foreshore management Regional catchment strategies and park management plans for the region. For example, Lorne has received over are the primary documents for setting out how to manage $3 million in funding over the last year, including the future of land, water resources and biodiversity in the $2 million for the replacement of the Lorne Pier. The Lorne region. To this end, the Great Ocean Road Region Strategy Foreshore Committee has also contributed $750,000 to will facilitate closer integration between the relevant foreshore improvements with additional funding provided catchment management strategies (Corangamite Regional by the Victorian Government. Catchment Strategy and Glenelg Hopkins Regional Catchment Strategy) and council planning schemes. One of the key impediments to the sustainable use and management of Victoria’s south-west coast is the lack Councils and Catchment Management Authorities of knowledge about the risks and threats facing coastal (CMAs) will work closely together to ensure coordination, and marine environments. To address this, the WCB is consistency and stronger integration between coastal developing a Coast and Marine Risk Assessment Report and and catchment management strategies and council will undertake preparatory work for a large scale Health of planning activities. The funding of a Municipal Catchment the Coast Report for the Corangamite and Glenelg Hopkins Coordinator by the Corangamite CMA has been useful CMA regions. in the promotion of effective links between itself, councils and other agencies. The continuation of this type of role Capacity building within councils will also be expanded. will be encouraged. While some existing programs and initiatives are bringing agencies together to raise awareness of the impact of Another priority action is to manage the impact of development and sustainability, such as the Anglesea development on catchments. Councils will be strongly Neighbourhood Environment Improvement Plan, there is encouraged to incorporate and implement catchment potential to do more. For example, existing programs such and coastal planning initiatives in their planning schemes. as the Department of Sustainability and Environment’s This work has already started through the preparation of PLANET Program need to be better utilised and cover a implementation matrices for Surf Coast Shire and the City wider range of issues relevant to sustainability and the of Greater . These identify areas where councils’ impact of development. planning schemes and regional catchment strategy targets are complementary and identify possible projects where agencies can work together. There is potential for such work to be expanded across the region.

15 Great Ocean Road Region Great Ocean Road Region 16 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

1.3 Ensure effective protection of catchments and coastal areas

1.3.1 Ensure coordination, consistency Promote closer liaison between Short–medium Catchment Department of and stronger integration CMAs, councils and the Western Management Sustainability and between coastal and catchment Coastal Board in their planning Authorities Environment management strategies and activities. Councils Victorian Coastal council planning schemes. Western Coastal Board Council Coastal Boards2 Encourage council planning Short–medium Catchment Department of schemes to give expression to and Management Sustainability and implement catchment and coastal Authorities Environment planning initiatives. Councils

Encourage and support the Short–medium Catchment role of a Municipal Catchment Management Coordinator within CMAs. Authorities

Encourage and support the Short Catchment preparation of Implementation Management Matrices for all municipalities Authorities in the region to link the implementation of Regional Catchment Strategies with council planning schemes.

1.3.2 Improve the management of Review coastal action plans Short–medium Western Coastal Board parks and other public land in and Implement coastal action catchment and coastal areas. plan initiatives.

Implement the new coastal Short Department of management arrangements for Sustainability and Surf Coast Shire and develop Environment new business plans for the new committee of management.

Support the development of a Short–medium Western Coastal Board Department of Coast and Marine Risk Assessment Sustainability and Report and a Health of the Coast Environment Report for the Corangamite and Catchment Glenelg Hopkins CMA regions. Management Authorities

Prepare management programs Ongoing Parks Victoria for parks and reserves annually, in accordance with Parks Victoria’s Corporate Plan and as part of statewide prioritised programs.

1.3.3 Improve information and Utilise the PLANET Professional Ongoing Department of Councils education for council planners Development program to promote Sustainability and Catchment Management to help reduce the impact stormwater management, Environment Authorities of development. vegetation retention, water- Regional Water sensitive urban design, water Authorities conservation, waste management, Eco-Recycle Victoria energy conservation and Sustainable Energy heritage management (pre and Authority Victoria post contact). Municipal Association of Victoria

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

15 Great Ocean Road Region Great Ocean Road Region 16 The Wathaurong Aboriginal Cooperative and the City of Strategy 1.4: Promote the Greater Geelong have developed a formal protocol to region’s environmental and establish clear guidelines and processes for addressing legislative requirements for the protection of Aboriginal cultural heritage values cultural heritage in the Geelong area. To this end, the South-West and Wimmera Regional Aboriginal Cultural Response Heritage Program has appointed a (temporary) project The Great Ocean Road Region’s stunning natural beauty officer to assist in the development of similar protocols and environmental values are internationally recognised. between other councils and Aboriginal communities. The region includes an abundance of significant natural Such protocols will build working partnerships between 2 and cultural heritage values (both Indigenous and historic). councils and Aboriginal communities and enhance The proposed Otway Ranges National Park will offer protection and management of Indigenous cultural additional protection to these values and build on existing heritage values. Parks Victoria planning processes. A comprehensive understanding of historic and Indigenous Aboriginal cultural heritage in Victoria is protected by a cultural heritage values in the Great Ocean Road Region is combination of State and Commonwealth legislation. lacking. An important aspect of this is the connection that Any proposed management or development activity must Aboriginal communities have with their environment and include consideration of potential impacts on Aboriginal the linkages between sites of significance. Heritage studies cultural heritage values. have not been undertaken, or are incomplete for many areas, with limited heritage overlays applying in some Stronger partnerships need to be developed between areas. Historic and Aboriginal cultural heritage studies will Aboriginal communities, councils and land and Catchment be undertaken with the aim of covering the region both Management Authorities to ensure better incorporation of geographically and thematically. Heritage Victoria will be Aboriginal cultural heritage into planning, decision-making calling for applications later in 2004 from councils for and implementation processes. Cultural assessments that grants to undertake heritage studies. were completed for the project provide an example of how successful cooperation can be achieved. Opportunities also exist to better promote the region’s historic and Indigenous cultural heritage. In particular, heritage places could be better integrated with tourism (such as the logging and maritime history of the region and the Great Ocean Road). Tourism Victoria, Heritage Victoria, Aboriginal Affairs Victoria, the South West and Wimmera Region Cultural Heritage Program and Parks Victoria could work more closely with councils, local and regional tourism organisations and visitor information centres to provide more integrated education and information.

17 Great Ocean Road Region Great Ocean Road Region 18 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

1.4 Promote the region’s environmental and cultural heritage values

1.4.1 Recognise and preserve the Complete heritage study coverage Short–medium Councils Department of Indigenous and non-Indigenous of the region. Sustainability and cultural heritage of the region Environment and the Great Ocean Road. Aboriginal communities Heritage Victoria Aboriginal2 Affairs Victoria

Implement heritage study findings Short–medium Councils Department of through local planning schemes. Sustainability and Environment

In relation to post-contact cultural Short–medium Councils Heritage Victoria heritage, apply to Heritage Aboriginal Affairs Victoria for available funding. Victoria In relation to Indigenous heritage, Aboriginal apply to Aboriginal Affairs Victoria communities for available funding.

Develop Aboriginal Cultural Ongoing Councils Aboriginal Affairs Heritage Management and Victoria Protection Development Planning Aboriginal Protocols across the Great Ocean communities Road Region.

1.4.2 Expand education, information Parks Victoria to investigate the Short Parks Victoria Tourism Victoria provision and promotion of feasibility of a world-class tourism Regional tourism the region’s environmental and and visitor interpretive centre and organisations cultural heritage values. precinct in the / Corangamite Shire Twelve Apostles area with key functions of visitor information, interpretation and education (refer to Initiatives 4.1.8 and 4.3.3).

Parks Victoria Management Ongoing Parks Victoria Plans for terrestrial and marine parks will continue to include strategic directions for the provision of information, interpretation and education.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

17 Great Ocean Road Region Great Ocean Road Region 18 Direction 2: Manage the growth of towns

For several settlements along the coast, strategic township Strategy 2.1: Respect the boundaries are indicated on plans that have previously character of coastal towns been incorporated into local planning schemes. It is now appropriate to review the status of these plans in the and promote best practice context of the Great Ocean Road Region Strategy. These settlements include Separation Creek, Wye design for new development River, Kennett River, Skenes Creek, Port Campbell and Response Princetown. Expert committees will be established to review existing township boundaries and, where necessary, Township boundaries establish the limits for urban make recommendations on their status. The committees 2 expansion. They signal the edge of a town so that the will comprise representatives from the Department of coastal and landscape values of non-urban areas can be Sustainability and Environment, Panels Victoria, councils and protected. It is recognised that councils have recently the Victorian Coastal Council. Once township boundaries are completed strategic studies and have established sound reviewed, they should be confirmed in the Local Planning strategic boundaries for a number of settlements, such Policy Framework of the relevant planning scheme. as Anglesea and Peterborough, while work is being completed for Lorne and . Councils are also undertaking similar work for hinterland settlements.

� �������� ��� ��� �� �� ������� �� � ���������

� ���������� � � � � � � � � ������ � ������ � ������ �� � ���������� � � � � ����� � � � �� � � � � �� � � �� ������ ��� ���������� ����������� ����� ������� ���������� ����� ����� ��������

������� ������ ����� ������� ������� �����

�� ������������ � � ���� �������� ���������� ����� ��� ����� � �� ���������� � ������ ���� ������� ����� �

�� � ������ ����� � � ������ ���

����� ������ � ����������� � �� �� ����������

����� ����� ���� ����� ��� ������ ������ ����� ������ �� ������� ��� ��������� �� ��������� ����� �� ��� ���� ������� ����� ����� ����������� �� ������������� ��������� ����������� ��� ���� ������� �� �������� �� ��� ������

���������� ����� ���� �������� ������ �� ����������� ��������� ���� ������������ ��� ������� ����� �������

19 Great Ocean Road Region Great Ocean Road Region 20 The Victorian Government’s recent initiatives for improving an effective way of ensuring that development respects the planning system will help ensure decisions about the character of coastal towns. To assist councils in rezoning proposals are consistent with the Great Ocean undertaking this task, the Department of Sustainability and Road Region Strategy. The Better Decisions Faster suite Environment has released a Victoria Planning Provisions of initiatives, released in April 2004 by the Minister for Practice Note: Using the Neighbourhood Character Planning, proposes changes to the Planning and Environment Provisions in Planning Schemes. Act 1987 to require Ministerial consent prior to exhibition It is essential that neighbourhood character is considered in of a planning scheme amendment. This would mean the context of broader strategic issues such as the provision an amendment would need to be thoroughly evaluated of housing. The application of new neighbourhood character against State Planning Policy prior to preparation, ensuring 2 provisions can affect the provision of housing in an area and, consistency with the Great Ocean Road Region Strategy. consequently, the extent to which future housing demands The community has strongly expressed its preference will be met. This is an important consideration in the Great for protecting the existing character of coastal towns. Ocean Road Region where land availability is restricted Councils will continue to undertake neighbourhood in many coastal towns. The Department of Sustainability character studies for settlements that are experiencing and Environment will work with councils to facilitate the development pressure. These place-based studies provide preparation of housing strategies.

Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

2.1 Respect the character of coastal towns and promote best practice design for new development

2.1.1 Review strategic boundaries Establish expert committees to Short Department of Councils for settlements. advise councils about the status of Sustainability and Panels Victoria town boundaries for: Environment Victorian Coastal • Separation Creek Council • • Skenes Creek • Port Campbell • Princetown. Implement the Better Decisions Short Department of Faster initiative to require Sustainability and Ministerial consent prior to Environment exhibition of a planning scheme amendment.

2.1.2 Support planning for the Provide training to enhance Ongoing Department of identification and protection of professional skills in the design Sustainability and neighbourhood character. assessment of proposals. Environment

Prepare municipal Medium Councils Department of housing strategies. Sustainability and Environment

Finalise and implement Medium Councils Department of neighbourhood character studies. Sustainability and Environment

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

19 Great Ocean Road Region Great Ocean Road Region 20 strategically located coastal settlement with the Strategy 2.2: Direct urban capacity for growth beyond its current boundaries. growth to townships To manage this growth, a blueprint for the future growth and development of the Apollo Bay region over the next where it can best be 20 years will be jointly developed by Colac-Otway Shire Council and the Department of Sustainability and accommodated and Environment, taking into consideration issues of limit growth elsewhere accessibility, efficiency, amenity, safety, sustainability and infrastructure provision. This presents an opportunity to Response create best practice future urban form that responds to 2 Inland areas offer opportunities to attract more visitors the landscape around it. and to accommodate some of the demand for residential Coastal settlement growth, demographic change and development. Councils will promote the hinterland towns seasonal peaks make the provision of infrastructure in of Colac, Camperdown, , Winchelsea, Cobden coastal settlements a specific challenge. The development and as locations to absorb expected growth, and contributions system provides a real opportunity for as service hubs. The Department of Sustainability and councils to obtain contributions from developers towards Environment will work with councils to develop structure the future infrastructure needs of a particular community. plans or urban design frameworks for these areas in order of which the development forms a part. The development to help communities set an overall direction for their towns. contributions system has been reviewed to improve its Urban growth will be managed by directing substantial effectiveness and application. New online Development new development to Torquay, and Apollo Contributions Guidelines provide simple and clear guidance Bay (once structure planning for this area has been for preparing development contributions plans. undertaken). Apollo Bay has been identified as a

Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

2.2 Direct urban growth to townships where it can best be accommodated and limit growth elsewhere

2.2.1 Designate Warrnambool and Complete the Warrnambool Land Short Warrnambool City Department of Torquay as gateways to the Use Strategy. *commenced Council Sustainability and region and as cities with capacity Environment for residential and visitor accommodation growth and Review Torquay/Jan Juc Short Surf Coast Shire Department of community services. Framework Plan. Sustainability and Environment

2.2.2 Develop Apollo Bay as a preferred Develop a structure plan for Short Colac Otway Shire coastal township for residential Apollo Bay. *commenced and visitor accommodation Department of growth and community services. Sustainability and Environment

2.2.3 Support planning for growth in Complete a Winchelsea Short Surf Coast Shire Department of key hinterland locations: Structure Plan. *commenced Sustainability and • Colac Environment • Camperdown Complete urban design Short–medium Councils Department of • Timboon frameworks for settlements Sustainability and • Winchelsea including Simpson, Terang and Environment • Cobden Camperdown. • Terang.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

21 Great Ocean Road Region Great Ocean Road Region 22 The Sustainable Neighbourhoods provision will implement Strategy 2.3: Encourage the Neighbourhood Principles of 2030 which sustainability as the broadly promote: region grows • best practice in residential subdivision through networks of walkable neighbourhoods where Response neighbourhood centres support local services and facilities The Department of Sustainability and Environment is committed to the development of guidelines to facilitate • reduced car use because public transport is easier best practice in sustainable planning and design. to use and walking and cycling are promoted2 The Sustainability in the Built Environment project is • environmentally friendly development, including developing a consistent, performance-based approach lot design for energy efficient housing, water to delivering sustainability through the development conservation, local management of stormwater and approvals process. An assessment tool and objectives for waste water treatment. energy and water are currently being developed by the Department of Sustainability and Environment and will be These projects will be particularly relevant for regional piloted with councils in late 2004. settlements that are planning to accommodate considerable urban growth, such as Torquay and The Sustainable Neighbourhoods project is reviewing Warrnambool, as well as townships wanting to deliver the residential subdivision provisions (clause 56 of the better performing development in areas already allocated Victoria Planning Provisions) to ensure that future for future development. sustainability objectives for subdivision are met.

Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

2.3 Encourage sustainability as the region grows

2.3.1 Introduce an integrated approach Develop and implement a Short–medium Department of to delivering sustainability in the consistent framework for Sustainability and built environment through the measurement and assessment Environment development approvals system. of sustainability outcomes in decision-making on applications for development.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

21 Great Ocean Road Region Great Ocean Road Region 22 Direction 3: Improve the management of access and transport

VicRoads, the Department of Sustainability and Environment Strategy 3.1: Enhance the Great and other key stakeholders will develop a joint plan to Ocean Road as a world-class improve management arrangements along the length of the Great Ocean Road. This plan will consider existing plans, travelling experience such as roadside management plans. A key outcome will be a clear definition of responsibilities for issues such as Response car parks, viewing areas, retention of vistas and vegetation Victoria’s spectacular south-west coastline and the journey clearing. Tourism issues, such as adequate stop-off points, along the Great Ocean Road are major attractions for the litter management and provision of interpretive information, region’s visitors and residents. One of Australia’s most will also be considered. To ensure a consistent management 2 popular tourist destinations, the region also has significant approach, a formal road reserve will be created along the commuter, freight, public transport and regional access roles. entire length of the Great Ocean Road. These different needs must be managed carefully. Improving visitor services and navigation along the The construction of the Geelong Bypass will have a Great Ocean Road is strategically important to both the significant influence on accessibility, contributing to the region and Victoria. The proliferation of commercial long-term economic growth of the Geelong region and signage and inadequate signage to key natural features tourism along the Great Ocean Road. currently has a negative impact on the visitor experience. Measures will be implemented to improve road Travel information and signage along the Great Ocean management for the Great Ocean Road. The Road Road (at each end and throughout the region) will be Management Act 2004, which commenced operation on improved through the development of a consistent, 1 July 2004, establishes a new statutory framework for the equitable and integrated approach to signage. As these Victorian road network to facilitate the coordination of the issues are common to many of Victoria’s tourism regions, road reserves, clearly set out the rights and obligations of the approach used along the Great Ocean Road will serve road users, and establish the general principles which apply as an important pilot project for potential expansion across to road management. One of the benefits of the Act for Victoria at a later date. the Great Ocean Road Region will be the clarification of Other traffic measures include the investigation of an management responsibilities between VicRoads, councils, alternative access route for Apollo Bay as part of the Apollo Parks Victoria, foreshore committees and other authorities. Bay Structure Plan. Similarly, Surf Coast Shire is considering an alternative route for the Great Ocean Road through Torquay as part of its long-term structure planning. Anglesea Road performs the role of a bypass for Torquay while the ultimate connection of the Geelong Bypass at Waurn Ponds will influence access to the Surf Coast. These issues will be considered in longer term planning.

23 Great Ocean Road Region Great Ocean Road Region 24 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

3.1 Enhance the Great Ocean Road as a world-class travelling experience

3.1.1 Define the road reserve for the Develop a management Short–medium VicRoads Department of Great Ocean Road and improve agreement for the Great Ocean Sustainability and its management. Road that assigns responsibilities Environment and addresses tourism, traffic Parks Victoria management, heritage, safety Heritage Victoria and environmental values. Tourism Victoria2 Develop a package of works to Medium VicRoads support implementation of the management agreement.

3.1.2 Preserve key vistas along the Implement relevant sections of the Short Councils Department of Great Ocean Road. Landscape Character Assessment Sustainability and Study and management agreement. Environment

3.1.3 Improve travel information and Develop a funding submission Short Tourism Victoria Regional tourism signage along the Great Ocean to the Australian Tourism *commenced organisations Road, at each end and throughout Development Program. VicRoads the region. Councils

Review directional signage for the Short–medium VicRoads Tourism Victoria region and the provision of travel Councils time information, where practical.

Seek further funding for signage Short Tourism Victoria Regional tourism initiatives as part of other organisations funding bids. Councils

3.1.4 Undertake traffic management Complete traffic management Ongoing Councils VicRoads studies in towns; implement studies in towns as required and seasonal traffic management as funds become available. measures.

3.1.5 Investigate possible long-term Investigate alternative route for Short Colac-Otway Shire Department of alternative routes for through Apollo Bay as part of Apollo Bay Sustainability and traffic around Torquay and Structure Plan. Environment Apollo Bay. VicRoads

Consider possible alternative Long Surf Coast Shire Department of Great Ocean Road route for Sustainability and Torquay as part of long term Environment structure planning. VicRoads

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

23 Great Ocean Road Region Great Ocean Road Region 24 A speed review for the Great Ocean Road was undertaken Strategy 3.2: Improve in consultation with stakeholders and the community. road safety The Speed Limits Advisory Group, which advises VicRoads on these matters, recommended a reduction in speed Response limit from 100km/hr to 80 km/hr from east of Anglesea to Several sections of the Great Ocean Road exhibit high crash Apollo Bay. This recommendation forms part of the safety rates, some of which are double the Victorian average, with improvements. The Victorian Motorcycle Advisory Council motorcycle crashes a particular concern. Ways of reducing has also recommended a range of works to enhance accidents and improving road safety throughout the region motorcycle safety on the Great Ocean Road. A number of will be found. The Victorian Government has invested these improvements have already been implemented. 2 significant funds to improve safety along the Great Ocean Further proposals for improvements along this route will Road. A total of $15.5 million has been invested in road be developed, including motorcycle safety initiatives, safety, traffic operation and maintenanceimprovements pedestrian safety measures in towns, additional turnouts between 1995–1996 and 2003–2004. For 2004–2005, a and overtaking lanes, intersection improvements and further $2.1 million will be invested in road and bridge traveller information systems. maintenance, $85,000 for pedestrian facilities in Anglesea and $209,000 for bicycle paths in Jan Juc and Apollo Bay. Improved access and transport management for the Great Ocean Road will also greatly assist emergency In addition, VicRoads will undertake further safety management – with fire a constant seasonal threat improvements as part of the Victorian Government’s (see strategy 4.6). recently announced $130 million road safety infrastructure program. This includes the completion of shoulder sealing between Torquay and Skenes Creek, and extensive guard fencing, signage and delineation improvements.

Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

3.2 Improve road safety

3.2.1 Upgrade the Great Ocean Road to Implement a package of works for Short VicRoads improve its safety performance. further safety improvements along the Great Ocean Road.

Implement the findings of the Short VicRoads Councils motorcycle review.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

25 Great Ocean Road Region Great Ocean Road Region 26 The Great Ocean Road forms part of a national touring route, Strategy 3.3: Develop and with international and domestic car touring anticipated to promote inland routes grow. A circular route and driving experience will be promoted to encourage visitors to travel the length of the Great Ocean Response Road in one direction and to opt for an inland route in the Congestion and limited opportunities to improve the traffic other direction (see also strategy 4.2). This initiative will be carrying capacity of the Great Ocean Road mean that linked to broader touring routes that connect the Great better use of inland routes is required to ease the burden Ocean Road Region with the Grampians and Ballarat. on Victoria’s primary tourist route. For this reason, inland In addition, the Department of Sustainability and routes need to be improved and their safety increased. 2 Environment and partners will identify north-south and VicRoads will develop proposals for projects to improve east-west touring routes through public land in the the safety and operational performance of inland routes Otways (see strategy 4.1) to help spread the traffic load from Lorne, Apollo Bay and Port Campbell to the Princes and introduce visitors to a variety of hinterland activities. Highway. Works will include pavement widening and Road congestion on the Great Ocean Road will also be shoulder sealing, signage and delineation improvements reduced through management of traffic during seasonal and roadside hazard protection. peaks and significant events such as the Lorne Pier to Pub. Future improvement works on the Princes Highway have been Planning for the Rescue 2006 Lorne World Life Saving identified in thePrinces Highway West A1 Corridor Strategy, Championships provides an opportunity to demonstrate which was released by the Victorian Government in 2002. how this can be successfully achieved.

Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

3.3 Develop and promote inland routes

3.3.1 Improve the safety of north-south Develop a package of proposals for Short VicRoads routes connecting Lorne, Apollo improving north-south routes. Bay and Port Campbell to the Princes Highway West.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

25 Great Ocean Road Region Great Ocean Road Region 26 � �������� ��� ��� �� �� ������� �� �

���������� ��������� ��� ������ �� ���������� ������ ������ �� ����� �� �� � �� � � ������ �� �� ���������� � ������� ����������� ����� ���������� ����� 2 �������� ����� ������� ������ ����� �������

������� �����

�� � ������������ � ���� �������� ���������� ����� ���������� ��� ����� � �� ������ ���� � ������ ������� ����� � ����� �� � ������� ������ ����������� ��� ������� � � ����� ��� ����� ����� ����� �� ���� ������ ��� ��� ���������� ��� ������� ���

����� ������ � ������ � �� �� ����������

���� ����� ������ ���������� ������� ��� ������ �� ������� ������� �� ����������� ������ ��������� �������������� ����� ������ ������� ���������� ������ ��� ������������� ��� ������ ��� ��� ���� ��������� ���������� ��� ������� ������� �������� �������� �������� �� ��� ������� ������� �������� ����� ��� ������ ��� ������ ��������� ������ ��� ���� ������� ����������� ���� ��������� ��������� ������� ��� ��� ����� ����� ������� ���� �������� ���� ��� ������� ��� �������� ����������� ��� �������� ������ ����� �� �� ���������� ������� ���������� ������������� �������� ������� ��� ����� ���� ������� �� ��� ��������� ������� �������� ����� ����� ���� �� ������� ������������ ������ ��� ���������� ����� �������� ������ ��� ������� �� �������� ������� ���������� ��� ������� ����������� ��� ������ �����������

27 Great Ocean Road Region Great Ocean Road Region 28 From 1 September 2004, V/Line will operate three Strategy 3.4: Provide more return rail services on weekdays and Saturdays between travel choices to and within Melbourne and Warrnambool, and one return rail service on Sundays. V/Line will also undertake an audit of stations the region along the Melbourne – Warrnambool route to ensure they meet statewide standards. Response The current development of Grovedale Station as a public While the car will continue to be the travel choice of the transport interchange will bring rail connections closer to majority of residents and visitors, it is important to provide and the Great Ocean Road Region and provide the basis for promote a variety of travel choices to and within the region. 2 better bus services. It is planned that trains will stop at the Melbourne’s Spencer Street Station is being redeveloped new Grovedale Station from late 2004. Buses will continue into a world-class public transport interchange, with fast to be the major form of public transport in the region, with rail connections to regional Victoria centres and new the opportunity to make better connections with existing facilities for rail, taxi and bus passengers. The Regional and planned rail services. Fast Rail project will provide faster and more frequent Due to the dispersed nature of settlements and the clear rail services between Melbourne and Geelong, operating preference for the use of the car, the provision of more at speeds up to 160 km/h. These projects, as well as public transport services is a considerable challenge in the the Victorian Government’s recent improvements to region. The best opportunity for increasing public transport the and development of services is during the peak visitation periods and special Warrnambool and Geelong stations as public transport events when roads become congested and parking in towns interchanges, provides the basis for maintaining existing and key visitation points becomes very difficult. There are rail services and providing improved facilities. opportunities to better utilise buses, while improvements to the quality and location of bus stops will be important for encouraging more people to use bus services.

27 Great Ocean Road Region Great Ocean Road Region 28 The Great Ocean Road consists of sealed shoulders The development of walking and cycling routes in the from Torquay to Lorne. From Lorne to Apollo Bay, region will help encourage the use of alternative access. sealed shoulders are intermittent. Cycling safety would It will also expand the opportunities for increasing be improved with the sealing of road shoulders where length of stay in the region and improving recreational practical along this stretch of the Great Ocean Road. opportunities for local residents. The completion of An opportunity exists for the construction of an off-road the Great Ocean Walk as an iconic walking experience cycle path between Apollo Bay and Wild Dog Creek and an will provide more walking opportunities for visitors. on road path between Wild Dog Creek and Skenes Creek. Similarly, the development of the disused Colac to Beech Forest (Old Beechy) railway line will provide increased The pedestrian needs of people who live, work and go to walking and cycling opportunities. 2 school in the region also needs to be taken into account. Crossing the Great Ocean Road to access foreshore areas at The introduction of the new Jetstar service from Avalon locations such as Eastern View and Aireys Inlet is a significant and the upgrading of the airport will further strengthen safety issue. Safety in towns, particularly the needs of accessibility to the region, particularly considering Avalon pedestrians, cyclists and the disabled, are equally significant is currently the only regional Victorian Airport with issues. Management of road safety in towns will be commercial jet operations. Warrnambool Airport currently addressed in partnership between councils and VicRoads. provides a further regional access option, with a daily VicRoads will improve pedestrian crossing opportunities non-jet passenger service to Melbourne operating from the on the Great Ocean Road in Anglesea. It will also develop airport. The implementation of the Warrnambool Airport proposals for pedestrian facilities in towns and key beach Development Plan will result in the upgrade of facilities. and foreshore access areas such as Aireys Inlet. Options are also being explored for an airport service in the vicinity of Apollo Bay.

29 Great Ocean Road Region Great Ocean Road Region 30 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

3.4 Provide more travel choices to and within the region

3.4.1 Work with public transport Work with bus companies to Short Department of Regional tourism providers to improve public develop a new summer timetable. Infrastructure organisations transport services, particularly buses, including links between coastal towns and key tourism sites, and with existing rail services, initially during peak 2 seasons and events.

3.4.2 Continue to provide quality Complete a signage and safety Short Department of Councils interchanges, signage and bus audit for bus stops along the Infrastructure VicRoads stops in towns. Great Ocean Road.

Improve quality of stations along Short V/Line Department of the Warrnambool railway line. Infrastructure

3.4.3 Improve marketing and Investigate marketing and Short V/Line Department of information about public information improvements Infrastructure transport services. for public transport services in Regional tourism the region. organisations

3.4.4 Promote cycling by improving Resolve future route for Apollo Short Apollo Bay–Skenes Barwon Water infrastructure and opportunities Bay Skenes Creek bicycle path and Creek Committee of VicRoads for cyclists, regionally and locally, seek additional funding to Management Local and regional including between Torquay and complete project. tourism organisations Apollo Bay, and Peterborough and Allansford/Warrnambool. Undertake sealing shoulders on Short VicRoads Great Ocean Road between Lorne–Apollo Bay.

3.4.5 Make towns more ‘walker-friendly’; Address in town structure Ongoing Councils Department of improve pedestrian access planning and foreshore planning, Sustainability and to foreshores. as required. Environment

Implement improvements Short–medium VicRoads Councils to pedestrian facilities in towns.

3.4.7 Investigate airfield capacity in the Complete investigation into Short Colac Otway Shire Tourism Victoria vicinity of Apollo Bay. alternative sites for Apollo Department of Bay Airfield. Sustainability and Environment

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

29 Great Ocean Road Region Great Ocean Road Region 30 Direction 4: Encourage sustainable tourism and resource use

Tourism bodies and councils also want to investigate the Strategy 4.1: Promote the feasibility of a tourist route connecting the Great Ocean geographic and seasonal Road within existing road reservations to Warrnambool, via the Road Bridge. Marketing alliances, such as dispersal of visitation the Great Southern Touring Route, will be strengthened to throughout the whole region underpin growth in the touring market. Greater satisfaction for visitors will be encouraged Response across the Great Ocean Road Region. The region’s A network of tourism opportunities will be created competitive strength in natural attractions lends itself 2 throughout the region. The Great Ocean Road Regional to further development of state-of-the-art attractions Tourism Development Plan 2004–2007, currently being and infrastructure linked to the natural environment. prepared by Tourism Victoria in partnership with state, Strategic walking and cycling routes will be developed and regional and local tourism organisations, will identify a promoted along with further development and promotion shared vision, strategies and action plans to realise the of the Great Ocean Road Historic Shipwreck Trail. region’s tourism potential. It will focus on communicating Better travel information and signage will help visitors the value of tourism and facilitating the development of navigate their way around the region. regional tourism through an emphasis on the primary In addition, high quality accommodation will be motivators for travel, such as destinations and attractions. encouraged and facilitated, including nature-based Spreading tourism activity and visitation across the whole accommodation in suitable locations. Caravan parks region and the promotion of the region as a year-round will continue to be an important source of holiday destination will also be facilitated by the Tourism Plan for accommodation in the region. The Victorian Government Public Land in the Otways Hinterland. This plan, developed will protect the existing supply of caravan parks on by the Department of Sustainability and Environment in Crown Land, encourage fair and equitable access to response to the phase-out of logging in the Otways, aims them and ensure they are well managed. There has to provide new and long-term jobs in the nature-based been some concern from councils and communities in tourism industry for former timber communities in the the region about the loss of privately-owned caravan Otways. An investment program is currently being finalised parks, particularly in coastal areas where land values to accompany the plan. The program will build on the have increased. This increase reflects the popularity success of the Otway Fly, which has already generated of these areas for tourism, property investment and significant visitation. accommodation. The Victorian Government’s recently announced land tax reforms will help reduce the impact The international promotion of the Great Ocean Road and of land tax on some caravan park operators. the Twelve Apostles will be expanded to increase length of stay and to disperse the benefits from tourism more widely Continued support will be given to event organisers of across the region all year round. The promotion will focus peak period events, however, issues of accommodation on the need for visitors, particularly international visitors, availability and traffic during peak times will require to experience the region for longer periods than a single management. Efforts will include encouragement of day trip. This is also important for improving road off-peak events, such as the Fun 4 Kids Festival and the navigation and safety in the region. May Racing Carnival in Warrnambool. The region will be promoted as Australia’s premier touring Strategic marketing alliances will be strengthened. destination. Touring experiences will be developed and Great Ocean Road Marketing Inc. and the regional tourism promoted in the Otways hinterland to link the region’s associations, Geelong Otway Tourism and Shipwreck Coast natural attractions, heritage and produce. Warrnambool Tourism, will lead by example in industry best practice. will be recognised as the western gateway to, and a Environmental, cultural and social values will be protected touring hub of, the Great Ocean Road. Implementation and enhanced and tourism will play a lead role in the of the Warrnambool Tourism Destination Plan will be holistic management of the region. supported to progressively increase the destination appeal of Warrnambool as a Great Ocean Road visitor hub.

31 Great Ocean Road Region Great Ocean Road Region 32 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

4.1 Promote the geographic and seasonal dispersal of visitation throughout the whole region

4.1.1 Build on the international status Implement the appropriate Short–medium Department of Tourism Victoria of the Great Ocean Road and the strategies and actions of Victoria’s Sustainability and Twelve Apostles to disperse the Tourism Industry Strategic Plan Environment Parks Victoria benefits from tourism more widely 2002–2006, the Great Ocean Road across the region year round. Regional Tourism Development Plan, Regional tourism the Victorian Tourism Infrastructure organisations Development Strategy and the 2 Tourism Plan for Public Land in the Councils Otways Hinterland including: • strengthen and develop Local tourism appropriate strategic associations marketing alliances • support the role and activities of the regional tourism organisations and local tourism associations • promote the identified destinations and attractions, special interest activities and touring • support organisers of events held during the off-peak period.

Develop and update the three-year Short–medium Great Ocean Road Regional and local regional strategic marketing plans Marketing tourism organisations and annual action plans. Tourism Victoria

Implement regional tourism Short–medium Geelong Otway Tourism Victoria associations’ three-year strategic Tourism Councils business plans. Shipwreck Coast Local tourism Tourism associations

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

���� �������� �������� ���� ������ ����

���������� �� ����� �������� ���� �� ������ � � ����� ����� ���� �������� �� � � ������ � ����� �������� ���� ����� � ������ ��� ������ ��������� ���� � ������ ����� � � ������� ������ ���� ����� ������ ������ ����� ��� ������� ��������� ����������� � � ��� ����� ����� ���� �������� ���� ����� � ��� �� ���� ����� � �� ������ ���������� �� �� ������ � ����� ����� ���� ���������� �� ���������� �� ���������� ���������� �� ���� �������� ������� ����� �������� ������ ��������������

31 Great Ocean Road Region Great Ocean Road Region 32 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

4.1 Promote the geographic and seasonal dispersal of visitation throughout the whole region

4.1.2 Develop and promote touring Implement the appropriate Short Department of Tourism Victoria experiences through the Otway strategies of the Great Ocean Road Sustainability and hinterland that link the region’s Regional Tourism Development Environment Regional tourism natural attractions, heritage Plan and Tourism Plan for Public organisations and produce. Land in the Otways Hinterland: • establish main drive touring Councils route through the Otway 2 Ranges connecting Skenes VicRoads Creek Road, Turtons Track, Beech Forest Road, Lavers Parks Victoria Hill–Colac Road and the Great Ocean Road • investigate supporting two-wheel drive and four-wheel drive routes. 4.1.3 Encourage high quality Planning for the Otways National Medium Parks Victoria Tourism Victoria nature-based investment to Park will include a review of tourism enhance the visitor experience. and visitor sites of significance and subsequent investment.

4.1.4 Develop the Triplet Falls to Lake Implement relevant elements of Short Department of Colac Otway Shire Elizabeth area as a nationally the Great Ocean Road Regional Sustainability and recognised visitor attraction with Tourism Development Plan and Environment Tourism Victoria appropriate facilities. Tourism Plan for Public Land in Otways Hinterland including: Parks Victoria • completion of site improvements and linkages between Lake Elizabeth and Forrest • construct a new trail and board walk at Triplet Falls and Little Aire Falls • construct key sections to improve visitor experience on the Old Beechy Line Rail Trail.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

33 Great Ocean Road Region Great Ocean Road Region 34 �������

����������� ��������� ���������� ����� ����� ������� ������ ������� ����� ����� ��� ������� ����� �� � � ������� � ���� ���� �� ���������� �

� ��������

� ������ � ����� � ������ ����� � ��������� � ����� � ����� ����� � � � ������� � � ���� �������� ����� ����� � ������ ���� ������� ����� � ���� � 2 ������ �

� ������� ��������� � ����� �� �

� � ����������

� ���������� � � ��������� �����

� � � ����� � ����� �

� � � ������������ ��������� �����

� ����� �

� �������� � � ����� � � ���������� � ����� ������������� �����

� � � � ����� �

� � ����� � ����� �������� � �

� �

� � �

� � ���� ����� � �� ������� � ������ ��������� � � � ������ � ����� ����� ���������� ����� ������� ������ ������� ������� ������� ��������� ����� ����� ����� ���� ����� � ��� ����� � �� � �� � ����� � � � �� � �� � � � � �� � ������ ������ � � � �� � � � �������� ����� � � �� ��� ����� � ����� ���� ������ � � � � ��������� � ����� � ����� ����� � � ������� � ������ ������� � ���� ����� � ��� ����� � ����� �� �������� ������ ���� �� � � ��� � ��������� ���� ��� � ������ ���� ������� ����� �� ������ ���� ����� ����� � ����� � � ���� �������� ������� � ���������� ����� ������ ������� ����� � � � ����� ����� � � � � ����� ��� � � � ��� ��� ������� �� � ���� ����� � � ��

���� � � ��

����� ��������� � � �������� �

����� � ����� ������ �������� ��� ����� �� ��������� ����� ������ ����� ��������� �������� ������� ������ ������� ���� ��� ����� ����� ������ �������� � ����� ������ ��� ���� � ������ � � � ���� ������� � � ����� ������� ������� ��� ������ ����� ����� ��� �������� ������ ������ ������ ����� ���� �������� ��� �������� ���� ����� ������ ���� ������� ������� ��� ���� ������ ��� ������� ����� ����� ����� ����� ����� �������� ���� ����� �������� ��� ����� � ��� � ������ � ������� ���� ��� ������ ���� �� ��� ������ ���������� ������� ���������� �� �������������� ��� ����������� ����������

����� ����� ���� ������������ ������������ ���� ����� ���� ������� ���������� ����������� ����� ��� ����� ����� ����� ����� ���������� �������� �������� �������� ����� ��� ����� ��� �����

33 Great Ocean Road Region Great Ocean Road Region 34 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

4.1 Promote the geographic and seasonal dispersal of visitation throughout the whole region

4.1.5 Develop and promote strategic Release and implement the Short–medium Victorian Trails Parks Victoria walking and cycling routes and Victorian Trails Strategy. Coordinating Department of associated infrastructure. Committee Sustainability and Environment Councils Tourism Victoria Great Ocean Road 2 Marketing Regional and local tourism organisations

Implement the Tourism Plan for Short Department of Tourism Victoria Public Land in the Otways Sustainability and Hinterland’s proposal for short Environment and medium walks and mountain bike trails.

Complete the construction of the Short Parks Victoria Tourism Victoria Great Ocean Walk as a world-class long distance coastal walking Councils experience, having completed thorough environmental and cultural assessments on the alignment.

Maintain and seek further Ongoing Parks Victoria Tourism Victoria improvements to the Great Ocean Walk, encouraging the tourism Councils industry and local communities to provide complementary services Regional and local such as ecotourism guides, tourism organisations accommodation, food and transport services.

Integrate the Great Ocean Walk Ongoing Councils Tourism Alliance and hinterland experience into Victoria regional and state tourism Regional tourism marketing campaigns. organisations Tourism Victoria

Complete the Great Ocean Short–medium Heritage Victoria Tourism Victoria Road Historic Shipwrecks Trail from Moonlight Heads to Point Lonsdale with signage, lookouts and associated infrastructure.

4.1.6 Promote the region as Australia’s Develop an integrated regional Short Great Ocean Road Great Southern premier touring destination. touring plan including Marketing Touring Route maximising benefits of the Great Tourism Victoria Southern Touring Route and Melbourne-Adelaide Touring.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

35 Great Ocean Road Region Great Ocean Road Region 36 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

4.1 Promote the geographic and seasonal dispersal of visitation throughout the whole region

4.1.7 Reduce seasonality of visitation Support organisers of events held Short Councils Tourism Alliance through appropriate marketing during the off-peak period. Victoria strategies and product Tourism Victoria development, including major Regional tourism events that encourage organisations off-peak visitation. Develop and update one and Short–medium Great Ocean Road Regional 2and local three-year regional marketing plans. Marketing tourism organisations Tourism Victoria

Implement regional tourism Short–medium Geelong Otway Tourism Tourism Victoria organisations’ three-year strategic Shipwreck Coast business plans. Tourism Councils

4.1.8 Encourage and facilitate more Assist in facilitating regional Short Tourism Victoria Department of high-quality accommodation, priority projects identified in the Sustainability and including nature-based Victorian Tourism Infrastructure Environment accommodation in key towns Development Strategy, including: and suitable locations near visitor • Angahook-Otway National Regional tourism attractions such as national parks. Park nature-based tourism organisations opportunities Councils • investigate feasibility of a world-class tourism and visitor Parks Victoria interpretive centre and precinct in the Port Campbell / Twelve Apostles area • Eco Lodges Accommodation opportunities.

4.1.9 Protect the existing supply of Continue to ensure fair and Ongoing Department of Crown Land Crown Land camping grounds equitable access to caravan sites Sustainability and committees of and caravan parks, ensuring in Crown Land caravan parks. Environment management maximum public availability.

4.1.10 Raise the professionalism and Develop and implement Short–medium Tourism Victoria Regional tourism standards of the region’s statewide Professionalism and organisations tourism industry. Excellence Strategy.

Develop and utilise appropriate Medium Regional tourism Tourism Victoria research to ascertain visitor organisations Tourism businesses satisfaction levels in the region.

Encourage operator participation Short Tourism Alliance Tourism Victoria in business development programs Victoria Regional tourism such as Staying in Tourism and organisations Succeeding in Tourism. Local tourism associations

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

35 Great Ocean Road Region Great Ocean Road Region 36 • Green Globe 21 is the worldwide benchmarking Strategy 4.2: Develop and certification program that facilitates sustainable world best practice travel and tourism for consumers, companies and communities. It is based on Agenda 21 and Principles sustainable tourism for Sustainable Development endorsed by 182 governments at the United Nations Rio de Janeiro Response Earth Summit in 1992. Geelong Otway Tourism’s World best practice sustainable tourism will be developed Green Globe project provides a means of encouraging throughout the region. To optimise economic, social more sustainable tourism in the region. and environmental benefits, tourism planning and 2 As part of this program, Geelong Otway Tourism, the management must be integrated with other regional Cooperative Research Centre for Sustainable Tourism development initiatives and planning activities. and Surf Coast Shire Council, supported by Tourism The key challenge for businesses in all parts of the tourism Victoria, are undertaking a community benchmarking industry is to adopt ecologically sustainable practices in project to develop a series of social indicators. Surf their day-to-day operation. Businesses, particularly small Coast Council is only the third council in Australia to business, must increase their commitment to safeguarding undertake work as part of this program and Shipwreck the environment as it is the basis for much of their trade. Coast Tourism is also now a Green Globe affiliate. The transparency of tourism and its effects on the local The opportunity exists for the whole Great Ocean community, such as the seasonal visitation effects on local Road Region to develop world best practice sustainable infrastructure, services and quality of life, must be taken tourism through participation in the Green Globe into account. 21 program. The implementation of the Tourism Plan for Public Land • The Eco Certification Program is a tourism product in the Otways Hinterland and creation of an expanded certification scheme developed by Ecotourism national park will also contribute significantly to the Australia to identify genuine ecotourism and nature development of sustainable tourism. Geelong Otway tourism operators in Australia. The Eco Certification Tourism’s Sustainable Tourism Strategy is an important Program is now being exported to the rest of the regional initiative for developing world best practice world as the International Ecotourism Standard. sustainable tourism. Ecotourism and nature tourism certification provide A number of programs currently being developed in industry, protected area managers, local communities the region provide a practical means for developing a and travellers with an assurance that a certified product sustainable tourism industry. These include: is backed by a commitment to best practice ecological sustainability, natural area management and the provision of quality ecotourism experiences. The implementation of these programs is a practical means of encouraging tourism operators to develop more sustainable tourism practices. Local government business awards provide another way of recognising excellent business practices.

37 Great Ocean Road Region Great Ocean Road Region 38 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

4.2 Develop world best practice sustainable tourism

4.2.1 Sustain and enhance the region’s Implement relevant initiatives from Medium–long Tourism Victoria Local tourism natural values and assets the Great Ocean Road Regional associations through well-managed tourism Tourism Development Plan: Tourism Alliance development and planning. • complete Destination Plans Victoria for destinations and villages, Councils as required Regional tourism organisations2 • provide guidance to regional tourism associations and Parks Victoria local government regarding respective roles and responsibilities in tourism planning and development.

4.2.2 Encourage the adoption of Encourage the regional Short–medium Tourism Victoria Department of sustainable tourism by the sustainable tourism projects such Sustainability and region’s tourism industry. as Geelong Otway Tourism’s Environment sustainable (Green Globe 21) Parks Victoria tourism benchmarking project. Councils Regional tourism organisations

Promote industry standards and Ongoing Tourism Victoria Victorian Tourism accreditation such as Green Globe Operators Association 21 and the Eco Certification Tourism Accreditation Programs and recognition Board of Victoria programs that reward Time frame Regional tourism environmental responsibility. For commencement organisations No. Initiative Action (short, medium, long)* Lead Agency Partners Green Globe 21 4.2 Develop World Best Practice Sustainable Tourism Ecotourism Australia

4.2.3 Facilitate the identification Implement relevant strategies and Short–medium Tourism Victoria Heritage Victoria and development of arts and actions of the following strategies Cultural Tourism cultural tourism in regional and plans: Industry Group tourism planning. • Victoria’s Tourism Industry Councils Strategic Plan 2002–2006 Regional tourism • Victoria’s Aboriginal organisations

Tourism Plan Aboriginal Tourism Reference Group • Great Ocean Road Tourism Parks Victoria Development Plan 2004–2007 • Victoria’s Arts, Theatre and Cultural Heritage Tourism Plan 2002–2006.

Undertake a tourism capacity Medium Department of Parks Victoria building initiative to build Sustainability and Colac Otway Shire tourism yield in the Otways Environment Geelong Otway Tourism hinterland townships. Victorian Tourism Operators Association

Identify tourism opportunities Short Regional tourism Heritage Victoria within the regional arts and organisations Councils cultural sector, in consultation Cultural Tourism with local government Industry Group representatives (cultural officers). Tourism Victoria

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

37 Great Ocean Road Region Great Ocean Road Region 38 Priorities include the need for improved conference facilities Strategy 4.3: Direct significant in regional centres and quality accommodation to support tourism facilities to key towns the conference and group-travel markets. Increasing yield (particularly by further converting the day trip market to and strategic locations overnight stays) is also a priority. Projects such as a world-class interpretive centre in the vicinity of the Twelve Response Apostles and upgraded foreshore infrastructure at major The Great Ocean Road Region plays a vital role in coastal nodes will assist this growth and improve the visitor Victoria’s domestic and international tourism performance. experience over a range of market segments. Forestry, commercial fishing reforms and the Victorian 2 The hinterland and the Otways provide significant potential Government’s commitment to terrestrial and marine parks for expanding the region’s product offer and increasing have increased the focus on tourism as a major economic length of stay and yield. Opportunities for quality niche and social driver for the region. The Angahook-Lorne State accommodation, interpretation and nature-based Park and the Otway National Park include some of Victoria’s infrastructure require further review and development and most spectacular and unspoiled landscapes. An expanded are a priority. national park will provide a once-off opportunity for Victoria to deliver a ‘bench mark’ nature-based and Further impact studies are required but stakeholder heritage tourism destination. consultation has reinforced the need for quality infrastructure to improve the visitor experience across a wide range of There is strong investor interest in this region, with a market segments. Delivery strategies are also required to number of significant projects recently receiving planning ensure new infrastructure is in place ahead of demand. approval and others in development. These projects will further enhance the region as Victoria’s leading destination for nature-based tourism. Highway and hinterland road upgrades have also helped to make the region more accessible for short break and day trips.

39 Great Ocean Road Region Great Ocean Road Region 40 Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

4.3 Direct significant tourism facilities to key towns or strategic locations

4.3.1 Assist council to undertake a Prepare a master plan, investment Medium Colac Otway Shire Tourism Victoria feasibility study into the use of prospectus and archaeological Department of the harbour at Apollo Bay as a survey of the Apollo Bay Sustainability and major tourism precinct, boating Harbour precinct. Environment and recreational facility in the Department of long term. Innovation Industry Regional 2Development Department of Infrastructure

4.3.2 Identify strategic locations for Assist in facilitating regional Short Councils Tourism Victoria major tourism attractions and priority projects identified in the Parks Victoria associated visitor facilities. Victorian Tourism Infrastructure Department of Development Strategy and Plan Sustainability and for Public Land in the Otways Environment Hinterland, including: Regional tourism • Angahook-Otway National organisations Park nature-based tourism opportunities • Great Ocean Road Interpretation Precinct • Eco Lodges Accommodation opportunities.

4.3.3 Develop a world-class interpretive Parks Victoria will lead a project Short Parks Victoria Tourism Victoria centre for the region in the Port for the feasibility planning of a Councils Campbell/Twelve Apostles area. world-class tourism and visitor interpretive centre and precinct with associated infrastructure.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

39 Great Ocean Road Region Great Ocean Road Region 40 Primary industry is a heavy user of roads in the hinterland, Strategy 4.4: Support land with increasing use of B-double vehicles and higher mass use and transport needs of vehicles. VicRoads will continue to undertake road and bridge maintenance on hinterland routes and develop key regional industries proposals for further improvements on the Princes Highway West. This section of Princes Highway is the key east-west Response route in south-western Victoria, providing a strategic The natural environment and resources of the Great transport link between Melbourne, South Australia and Ocean Road Region form the basis of its prosperity. Adelaide (see also Strategies 3.2 and 3.3). The South Primary industries, such as dairying and plantation timber, West Dairy Industry Project is examining road and bridge 2 are important to the regional economy and communities, infrastructure issues relating to milk collection. As part of particularly hinterland communities. The region’s natural this project, Regional Development Victoria and councils resources, such as gas and wind, provide potential for are working together on specific issues such as bridge sustainable development and resource use along with upgrades, farm gate access and economic development associated infrastructure and community services. issues relating to the dairy industry, such as power supply. Localised planning exercises such as structure plans In addition, new rural zones will be applied by councils will also help ensure the land use and transport needs across the region. Clearly focused rural zones that of industry are met. Work being done by the City of protect the rights of farmers to farm and prevent ad hoc Warrnambool and Moyne Shire on a proposed development are critical for rural Victoria. The recent Rural industrial/business park in Allansford is a specific Zones Review has led to the adoption of new zones for example of this type of work. rural Victoria, with clearer purposes and tighter controls. Existing zones did not adequately recognise the importance In addition, the land use and transport needs of the of agriculture, and led to increased land use conflicts by region’s primary industries will be supported through allowing a range of non-farming uses in rural areas. improvements to road safety and the introduction of new planning controls.

41 Great Ocean Road Region Great Ocean Road Region 42 A new Farming Zone, a new Rural Activity Zone and a • Warrnambool Flagstaff Hill Maritime Village revised Rural Living Zone have been adopted. In November • Lorne foreshore streetscape projects 2003, a new Rural Conservation Zone was also introduced into the Victoria Planning Provisions as part of the Victorian • Winchelsea Visitor Information Centre Government’s protection of Melbourne’s Green Wedges. • Colac Otway Performing Arts and Community Centre Councils will determine how and when the new zones will be applied across Victoria. Translation to the new zones • Colac Visitor Information Centre must occur either before or as part of a council’s next • Great Ocean Road (Apollo Bay) Visitor three-year review of its planning scheme. Information Centre. 2 Regional Development Victoria’s (RDV) programs offer These projects are assisting in the spreading of visitors potential funding sources for infrastructure and economic across the region and at key strategic locations. They are development projects that would contribute to the also improving information provision and promoting a achievement of this Strategy’s land use and transport greater understanding of the region’s cultural history. directions. For example, the RDV Regional Infrastructure Development and Small Towns Development Funds have resulted in several infrastructure projects, including:

Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

4.4 Support land use and transport needs of key regional industries

4.4.1 Encourage initiatives to provide Prepare council economic Short Councils Regional Development adequate land for residential and development strategies to Victoria industrial development. maximise new opportunities in the region.

4.4.2 Support recommendations Work with the South West Ongoing Councils Regional Development relating to land use and transport Dairy Industry Project Group to Victoria from the South-West Victoria progress the implementation of Dairy Industry Project. the project.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

41 Great Ocean Road Region Great Ocean Road Region 42 Wind energy Strategy 4.5: Use natural In Victoria, wind energy has a particularly important role resources with care to play in increasing the sustainability of our energy supply and reducing our reliance on fossil fuels. Wind farm Response proposals in the region have attracted both community Our Water Our Future concern and interest. All proposals will be considered in Victoria’s prosperity depends on a secure water supply for relation to the Victorian Government’s Policy and Planning homes, farms, environment and industry. Water is one of Guidelines for Development of Wind Energy Facilities in the Great Ocean Road Region’s most important resources. Victoria (2002). The framework provided by the Great Ocean Road Region 2 Consideration of the possible impact of wind farm proposals Strategy will enable the integration of land use planning on landscapes has been strengthened. A preliminary and water management planning. landscape assessment is now required to accompany a Our Water Our Future is an ‘action plan’ to ensure Victoria referral to the Minister for Planning on the need for an can meet its water requirements for the next 50 years. Environmental Effects Statement for a proposed wind It will enable smarter water use and management across energy facility. A peer reviewed visual impact assessment the state, and provide greater security of access to water on the landscape is also required from proponents. for farmers, businesses, households and communities. Regional landscape assessments and other measures Our Water Our Future details 110 new initiatives for water implemented as part of this Strategy will provide an conservation aimed at every sector of the community. additional basis for informing decisions about local wind These groundbreaking actions will: farm proposals. • secure water for farms through pioneering water The Victorian Wind Atlas, launched in January 2004, has allocation and trading systems significantly improved information about wind . It identifies 12 municipalities with significant areas • permanently save water in our towns and cities through of high wind speeds. The Atlas identifies the potential for common sense water saving and recycling measures wind development in Victoria and highlights land reserved • price water to reward those who use it wisely under the National Parks Act 1975 where wind energy facilities are not permitted. It also shows areas where • protect and enhance rivers and groundwater systems such development is unlikely. These areas include land by giving them legal water rights and conducting that is remote from the electricity grid, is environmentally restoration works. protected or consists of rugged terrain. The Wind Atlas Our Water Our Future will see Great Ocean Road estuaries demonstrates that significant wind resources are to be benefit from large-scale, integrated river health programs found away from the coast. to improve rivers. Other initiatives include the provision of additional funding for council water management plans in regional areas, and the preparation of water sensitive urban planning guidelines to assist developers and councils to achieve 25 per cent water savings in developments.

43 Great Ocean Road Region Great Ocean Road Region 44 Adapting to climate change • droughts are likely to become more frequent and Around the world, the climate is changing due to the longer, particularly in late winter and early spring enhanced greenhouse effect. Climate change is more • winds are likely to intensify in coastal regions, than a warming trend. Increasing temperatures will lead particularly in winter as a result of more intense low to changes in many aspects of weather, such as wind pressure systems, which may also become more frequent patterns, precipitation and the frequency and severity of extreme weather events. • the sea level will rise from 7 to 55 centimetres (0.8 to 8 centimetres per decade). The Victorian Greenhouse Strategy (2002) provides a comprehensive response to climate change. The strategy Warmer temperatures and lower rainfall could have2 outlines 59 actions the Victorian Government is taking to significant impacts on Victoria’s biodiversity and our reduce greenhouse gas emissions across a range of sectors important agricultural and tourism industries. and to improve our understanding of climate change impacts. As part of implementing the Victorian Greenhouse As part of this work, in 2002, the Victorian Government Strategy, the Victorian Government is funding programs commissioned the CSIRO to undertake a regional assessment to help reduce greenhouse gas emissions. The Regional of climate change impacts for Victoria. These projections Partnerships Program is an initiative under the Victorian indicate that, by 2070, in the Great Ocean Region: Greenhouse Strategy and provides a framework, • the temperature will be 0.7 to 4.3°C warmer compared supported by government funding, for a regional with 1990 facilitation officer. This program will be developed with the South West Sustainability Partnership. An officer will • the frequency of extreme maximum temperatures will be appointed for the Corangamite region to establish increase, with up to four times more hot days (over 35°C) partnerships that encourage councils, communities and • rainfall decreases are likely, with projected changes in the private sector to work together on greenhouse gas annual rainfall ranging from +10 to -25 per cent abatement projects. The Victorian Coastal Council is working on strategies to assess the impacts of climate change and adaptation strategies.

Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

4.5 Use natural resources with care

4.5.1 Support the development of Establish a regional facilitation Short South West Department of wind energy, gas extraction officer to work with local Sustainability Sustainability and and geothermal energy in government, communities and the Partnership Environment suitable locations. private sector on greenhouse gas abatement projects.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

43 Great Ocean Road Region Great Ocean Road Region 44 Despite these plans and processes, there are a number of Strategy 4.6: Improve factors that make this issue a particular challenge and an safety and emergency ongoing risk for the region: management planning • high visitation to the region during summer resulting in higher demand for resources Response • specific risks associated with fire in the region, Managing seasonal peak visitation particularly for coastal areas and the Otways The Great Ocean Road Region’s popularity presents a • emergency management issues associated with the number of management challenges, particularly during 2 Great Ocean Road as the coastal regional access route high visitation periods. An integrated approach involving and iconic visitor attraction long-term and short-term measures will be used to manage peak seasonal visitation to the region as well as • growth of coastal settlements and the number of related issues such as emergency and fire management. dwellings situated outside towns The Strategy’s key directions of access, settlement growth •increasing popularity of the region as a stage for and tourism development provide a robust long-term major events. approach for spreading tourism and visitation across the region and encouraging longer stays. It is recognised there To address these issues, the Surf Coast Shire and the Office are already important plans and procedures in place to of the Emergency Services Commissioner will facilitate manage safety and emergency management in the region. the development of a project to improve emergency and event management planning. The outcome of this process The municipal emergency management planning process will be a clearer understanding of the current situation is undertaken by each council under the Emergency and suggested improvements to systems and processes Management Act 1986. These plans require councils and for emergency management and greater capacity of communities to consider the types of risks and potential communities to respond to these issues. emergency situations in their area and develop principles and procedures that can be activated for each event. A municipal emergency management planning committee must be formed, with representation from councils, response agencies, recovery agencies and local community groups involved in emergency management issues.

45 Great Ocean Road Region Great Ocean Road Region 46 Fire management and the Otways Fire Operation Plan 2003–2006 (proposed The potential for a major fire sweeping along the coastline uses of prescribed fire, new fire preparedness works, and of the Great Ocean Road and causing considerable loss fire related education programs). of life and property is real. The recent proliferation of Some sections of the community have also expressed residential dwellings in highly flammable, coastal vegetation concern about the difficulty of achieving good fire within close proximity to forested public land is a significant protection because of the clearances allowed by council issue. Of particular concern is the risk from wildfires to planning scheme native vegetation control overlays. private assets in the vicinity of public forested land and the A review of vegetation management and fire protection potential for escapes from fuel reduction burns. management will be undertaken by councils, the2 The Department of Sustainability and Environment’s Department of Sustainability and Environment, Parks Otway Coast Risk Management Strategy looks at the risks Victoria and the Country Fire Authority to reduce risk posed by wildfire along the Otways coast and the current from wildfire to the community. This project is being strategies to address those risks, such as fuel reduction trialled in outer Melbourne with a view to examining its burning and community engagement. Management of fire statewide implications. The Department of Sustainability and fire-related activities on public land occurs through and Environment will also develop a project with Surf the recently revised Otways Fire Protection Plan (wildfire Coast Shire to examine local planning policies relating to prevention, preparedness, suppression and recovery) measures for vegetation and fire protection.

Time frame For commencement No. Initiative Action (short, medium, long)* Lead agency Partners

4.6 Improve safety and emergency management planning

4.6.1 Improve emergency and event Develop an emergency risk Short Surf Coast Shire Office of the management planning. management project that Emergency Services addresses tourism, community Commissioner awareness and fire management. Regional tourism organisations Emergency services organisations VicRoads

4.6.2 Review relationship between Undertake a project with Surf Short–medium Department of Country Fire Authority vegetation management and Coast Shire to address planning Sustainability and Councils fire protection management control issues relating to Environment Parks Victoria provisions in planning schemes. vegetation protection and fire protection.

* Short – start within 12 months Medium – start in 1–2 years Long – start in 2–5 years

45 Great Ocean Road Region Great Ocean Road Region 46 1BSU.POJUPSJOH  BOESFWJFX 4USBUFHZSFQPSUJOH 4USBUFHZSFWJFXT

5IFMFBEBHFODZSFTQPOTJCMFGPSJNQMFNFOUJOHBDUJPOT 5IFGPVSLFZEJSFDUJPOTPGUIF(SFBU0DFBO3PBE3FHJPO XJMMSFHVMBSMZSFQPSUUPUIFJNQMFNFOUBUJPODPNNJUUFFPO 4USBUFHZBSFUIFTUSBUFHJDCBTJTGPSNBOBHJOHHSPXUIBOE UIFJSQSPHSFTT*UXJMMCFUIFSPMFPGUIFJNQMFNFOUBUJPO DIBOHFXJUIJOUIFSFHJPOGPSUIFOFYUZFBST#FJOHB DPNNJUUFFUPNPOJUPSJNQMFNFOUBUJPO EZOBNJDQMBO UIF4USBUFHZXJMMCFSFWJFXFEFWFSZm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

 (SFBU0DFBO3PBE3FHJPO "QQFOEJY

(SPXJOH7JDUPSJB5PHFUIFS 0UIFSLFZTUSBUFHJFT  5IJTJTBQPMJDZGSBNFXPSLTFUUJOHPVUUIF7JDUPSJBO (PWFSONFOUTWJTJPOGPSGVUVSFEFWFMPQNFOUBDSPTTUIFTUBUF BOEPGGFSTBTJHOQPTUGPSUIFOFYUEFDBEF*UGPDVTFTPO QMBOTBOEQPMJDJFT QSPWJEJOHEFDFOUBOESFTQPOTJCMFHPWFSONFOUBOEHFUUJOH UIFCBTJDTSJHIUoHPPETDIPPMT RVBMJUZIFBMUIDBSF NPSF "OHBIPPLo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mOBMSFQPSUEVFUPCFQVCMJTIFE PGFNFSHFODZTJUVBUJPOBOEEFWFMPQHFOFSJDQSJODJQMFT JO/PWFNCFS5IFMBUFTUJOGPSNBUJPOPOUIF BOEBSSBOHFNFOUTUIBUDBOCFBDUJWBUFEJOBOZFWFOU JOWFTUJHBUJPOJTBWBJMBCMFBUXXXWFBDWJDHPWBVPSCZ ".VOJDJQBM&NFSHFODZ.BOBHFNFOU1MBOOJOH$PNNJUUFF QIPOJOH UPMMGSFF  NVTUCFGPSNFECZDPVODJMTXJUISFQSFTFOUBUJPOGSPN MPDBMHPWFSONFOU SFTQPOTFBHFODJFT SFDPWFSZBHFODJFT $PBTUBMBDUJPOQMBOT $"1T BOEMPDBMDPNNVOJUZHSPVQTJOWPMWFEJOFNFSHFODZ $"1TJEFOUJGZTUSBUFHJDEJSFDUJPOTBOEPCKFDUJWFTGPSVTFBOE NBOBHFNFOUJTTVFT EFWFMPQNFOUJOBTQFDJmDSFHJPO5IFZQSPWJEFGPSEFUBJMFE QMBOOJOHPGUIFSFHJPOPSQBSUPGUIFSFHJPOUPGBDJMJUBUF /BUJPOBM"DUJPO1MBOGPS4BMJOJUZBOE8BUFS2VBMJUZ SFDSFBUJPOBMVTFBOEUPVSJTNBOEUPQSPWJEFGPSQSPUFDUJPO 5IJTJTBKPJOU$PNNPOXFBMUI7JDUPSJBO(PWFSONFOUQMBO BOEFOIBODFNFOUPGTJHOJmDBOUGFBUVSFTPGUIFSFHJPOT XIJDIJEFOUJmFTIJHIQSJPSJUZ JNNFEJBUFBDUJPOTUPBEESFTT DPBTU JODMVEJOHUIFNBSJOFFOWJSPONFOU BWBJMBCMFPOMJOF TBMJOJUZ QBSUJDVMBSMZESZMBOETBMJOJUZ BOEEFUFSJPSBUJOHXBUFS BUXXXWDDWJDHPWBV  RVBMJUZJOLFZDBUDINFOUTBOESFHJPOTBDSPTT"VTUSBMJB 3FHJPOBMDBUDINFOUTUSBUFHJFTXJMMQSPWJEFUIFSFHJPOBM (SFBU0DFBO3PBE3FHJPOBM5PVSJTN%FWFMPQNFOU MFWFMGSBNFXPSLGPSJNQMFNFOUJOHUIF/BUJPOBM"DUJPO1MBO 1MBOo BOEJOWFTUNFOUPGGVOET 5PVSJTN7JDUPSJBJTDVSSFOUMZQSFQBSJOHUIF(SFBU0DFBO 3PBE3FHJPOBM5PVSJTN%FWFMPQNFOU1MBOo /BUVSF#BTFE5PVSJTN1MBOo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

(SFBU0DFBO3PBE3FHJPO  0UXBZ$PBTU3JTL.BOBHFNFOU4USBUFHZ 1BSLNBOBHFNFOUQMBOT 1.1T 1SFQBSFECZUIF%FQBSUNFOUPG4VTUBJOBCJMJUZBOE 5IF/BUJPOBM1BSLT"DUSFRVJSFTUIBUBQMBOPG &OWJSPONFOU UIJTTUSBUFHZMPPLTBUUIFSJTLTQPTFECZ NBOBHFNFOUCFQSFQBSFEGPSBMMOBUJPOBMQBSLTBOE XJMEmSFBMPOHUIF0UXBZDPBTUBOEUIFTUSBUFHJFTJOQMBDF TUBUFQBSLT1BSL.BOBHFNFOU1MBOTFTUBCMJTIUIFGVUVSF UPBEESFTTUIPTFSJTLT TVDIBTGVFMSFEVDUJPOCVSOJOHBOE EJSFDUJPOTGPSNBOBHJOHBOEQSPUFDUJOHUIFTQFDJBM DPNNVOJUZFOHBHFNFOU WBMVFTPG7JDUPSJBTQBSLTXIJMFBMTPQSPWJEJOHGPSCFUUFS GBDJMJUJFT&YBNQMFTJOUIF(SFBU0DFBO3PBE3FHJPOJODMVEF 0UXBZ'JSF1SPUFDUJPO1MBOBOE0UXBZT'JSF UIF0UXBZ/BUJPOBM1BSL.BOBHFNFOU1MBOBOEUIF 0QFSBUJPO1MBOo $BSMJTMF4UBUF1BSL.BOBHFNFOU1MBO BWBJMBCMFPOMJOFBU .BOBHFNFOUPGmSFBOEmSFSFMBUFEBDUJWJUJFTPOQVCMJD XXXQBSLXFCWJDHPWBV  MBOEPDDVSTUISPVHIUIFSFDFOUMZSFWJTFE0UXBZ'JSF 1SPUFDUJPO1MBO XJMEmSFQSFWFOUJPO XJMEmSFQSFQBSFEOFTT  1PMJDZBOE1MBOOJOH(VJEFMJOFTGPSUIF%FWFMPQNFOU XJMEmSFTVQQSFTTJPOBOEXJMEmSFSFDPWFSZ BOEUIF PG8JOE&OFSHZ'BDJMJUJFTJO7JDUPSJB "VHVTU 0UXBZT'JSF0QFSBUJPO1MBOo QSPQPTFEVTFT 0VUMJOFTUIF7JDUPSJBO(PWFSONFOUTQPMJDZJOSFMBUJPOUP PGQSFTDSJCFEmSF OFXmSFQSFQBSFEOFTTXPSLT BOEmSF XJOEFOFSHZEFWFMPQNFOUBOEEFTDSJCFTUIFXBZFOFSHZ SFMBUFEFEVDBUJPOQSPHSBNT  GBDJMJUZEFWFMPQNFOUTmUJOUPUIFQMBOOJOHTDIFNF*UTFUT PVUBTUBUFXJEFQMBOOJOHGSBNFXPSLUIBUBJNTUPCBMBODF 5PVSJTN1MBOGPS1VCMJD-BOEJOUIF0UXBZT)JOUFSMBOE FOWJSPONFOUBM FDPOPNJDBOETPDJBMJTTVFT 5IF5PVSJTN1MBOGPS1VCMJD-BOEJOUIF0UXBZT)JOUFSMBOE IBTCFFOQSFQBSFEUPTUJNVMBUFBOEDPPSEJOBUFUIF 1SJODFT)JHIXBZ8FTU"$PSSJEPS4USBUFHZo8BVSO TVTUBJOBCMFEFWFMPQNFOUBOENBSLFUJOHPGUPVSJTNXJUIJO 1POETUP4PVUI"VTUSBMJBO#PSEFS UIFQSPUFDUFEBSFBTPGUIF0UXBZT)JOUFSMBOE*UBMTPBJNT 5IJTJTB7JD3PBETDPSSJEPSTUSBUFHZQSPWJEJOHBCMVFQSJOU UPQSPWJEFOFXBOEMPOHUFSNKPCTJOUIFOBUVSFCBTFE GPSUIFNBOBHFNFOUBOEEFWFMPQNFOUPGUIF1SJODFT UPVSJTNJOEVTUSZGPSGPSNFSUJNCFSDPNNVOJUJFTJO )JHIXBZ8FTUPWFSUIFOFYUZFBST,FZJOJUJBUJWFT UIF0UXBZT*UXJMMCFNBOBHFECZUIF%FQBSUNFOUPG CFUXFFO8BVSO1POETBOE$PMBDJODMVEFQSPHSFTTJWF 4VTUBJOBCJMJUZBOE&OWJSPONFOUJODPMMBCPSBUJPOXJUI1BSLT EVQMJDBUJPOUP$PMBD XJUIDPOTUSVDUJPODPNNFODJOHBU 7JDUPSJBBOEPUIFSTUBLFIPMEFST 8BVSO1POET 0VS'PSFTUT 0VS'VUVSFo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nVFODFUIF 0VS8BUFS0VS'VUVSFJTBOBDUJPOQMBOUPFOTVSF7JDUPSJBDBO QMBOOJOHTDIFNFTVOEFSUIFJSDPOUSPM5IFZBMTPQSPWJEF NFFUJUTXBUFSSFRVJSFNFOUTGPSUIFOFYUZFBST BGPVOEBUJPOGPSJOWFTUNFOUEFDJTJPOTUPJNQSPWFOBUVSBM *UGPDVTFTPOUIFFOWJSPONFOU SFDZDMJOHBOEJOGSBTUSVDUVSF  SFTPVSDFPVUDPNFTXJUIJOUIFSFHJPO3FMFWBOU3$4TGPS GBSNFSTBOEXBUFSTBWJOHT"UPUBMPGOFXJOJUJBUJWFTGPS UIFSFHJPOBSFUIF$PSBOHBNJUF3$4 o XIJDI XBUFSDPOTFSWBUJPOoBJNFEBUFWFSZTFDUPSPGUIFDPNNVOJUZ DPWFSTNPTUPGUIF(SFBU0DFBO3PBE3FHJPO BOEUIF oBSFJEFOUJmFEJOUIFQMBO0VS8BUFS0VS'VUVSFXJMMFOBCMF (MFOFMH)PQLJOT3$4o TNBSUFSXBUFSVTFBOENBOBHFNFOUBDSPTTUIFTUBUF BOEXJMM QSPWJEFNVDIHSFBUFSTFDVSJUZPGBDDFTTUPXBUFSGPSGBSNFST  3FHJPOBM'PSFTU"HSFFNFOUT CVTJOFTTFT IPVTFIPMETBOEDPNNVOJUJFT 5IFTFEPDVNFOUTBSFBHSFFNFOUTCFUXFFO4UBUFBOE $PNNPOXFBMUI(PWFSONFOUTXIJDIFTUBCMJTIUIF GSBNFXPSLGPSUIFGVUVSFVTFBOENBOBHFNFOUPG 7JDUPSJBTGPSFTUTPWFSUIFOFYUZFBST

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o 5IF7JDUPSJBO$PBTU 5IJT4USBUFHZQSPWJEFTEJSFDUJPOGPSUIFJEFOUJmDBUJPO  "SFQPSUPOUIFJNQMFNFOUBUJPOPGUIF7JDUPSJBO$PBTUBM QSPUFDUJPO DPOTFSWBUJPO NBOBHFNFOUBOEVTFPG 4USBUFHZ XIJDIFYBNJOFTXIFUIFSUIFPCKFDUJWFTPG OPO*OEJHFOPVTDVMUVSBMIFSJUBHFJO7JDUPSJB*UBJNTUP UIF$PBTUBM.BOBHFNFOU"DUIBWFCFFONFUUPEBUF BDIJFWFJNQSPWFETVQQPSUGPSPXOFSTBOENBOBHFST PGIFSJUBHFQMBDFTCFUUFSDMBSJUZPOIFSJUBHFJTTVFTBOE 7JDUPSJBT5PVSJTN*OEVTUSZ4USBUFHJD1MBOo QSPDFTTFTNPSFFGGFDUJWFBOEFGmDJFOUVTFPGSFTPVSDFT 0VUMJOFTLFZEJSFDUJPOTGPSUIFOFYUmWFZFBSTGPS7JDUPSJBT UIFFTUBCMJTINFOUPGQBSUOFSTIJQTUPTIBSFSFTQPOTJCJMJUZ UPVSJTNJOEVTUSZ IJHIMJHIUJOHUIFOFFEGPSOFXIJHIHSBEF GPSIFSJUBHFDPOTFSWBUJPOBOEJODSFBTFEBXBSFOFTT BDDPNNPEBUJPOJOUIF(SFBU0DFBO3PBE3FHJPO BOELOPXMFEHFBCPVUIFSJUBHFJOUIFDPNNVOJUZ 5IFTUSBUFHZBMTPJEFOUJmFTBNBKPSJOUFSQSFUBUJPODFOUSF 5IFEFWFMPQNFOUPG7JDUPSJBT)FSJUBHF4USBUFHZ JOUIFSFHJPOBTPOFPGUIFTUBUFTIJHIFTUUPVSJTN oJTDVSSFOUMZVOEFSXBZ*UJTFYQFDUFEUIJT JOGSBTUSVDUVSFQSJPSJUJFT XJMMCFmOBMJTFEJO 7JDUPSJBT#JPEJWFSTJUZ4USBUFHZ 7JDUPSJBO3BJM5SBJM4USBUFHZo 1SPWJEFTUIFMFHBM FDPOPNJDBOETPDJBMGSBNFXPSL &TUBCMJTIFTLFZEJSFDUJPOTGPSSBJMUSBJMEFWFMPQNFOU  UPDPOTFSWFCJPEJWFSTJUZ*UEFTDSJCFTBOEDIBSUTUIF NBOBHFNFOU NBSLFUJOHBOESFTFBSDI BOEJEFOUJm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mDBUJPOPGTFUUMFNFOU 8BUFS3FTPVSDFT%FWFMPQNFOU1MBO.BSDI BOESFDSFBUJPOOPEFT BOEUIFQSJODJQMFTXIJDITIPVMECF #BSXPO8BUFS PCTFSWFEXIFOEFWFMPQJOHUIBUMBOE BWBJMBCMFPOMJOFBU "QMBOUPQSPWJEFBTFDVSF TVTUBJOBCMFXBUFSTVQQMZ XXXWDDWJDHPWBV  GPS#BSXPO8BUFSTTFSWJDFSFHJPOPWFSUIFOFYU ZFBSTBOECFZPOE GPDVTJOHPOGPVSTUSBUFHJDBSFBT XBUFSDPOTFSWBUJPO BMUFSOBUJWFXBUFSSFTPVSDFT TZTUFN FOIBODFNFOUBOEOFXXBUFSTPVSDFT

(SFBU0DFBO3PBE3FHJPO  (MPTTBSZ

5FSN %FmOJUJPO #JPEJWFSTJUZ 5IFWBSJFUZPGBMMMJGFoQMBOUT BOJNBMTBOENJDSPPSHBOJTNT UIFHFOFTUIFZDPOUBJO BOEUIF  FDPTZTUFNTUIFZGPSNoVTVBMMZDPOTJEFSFEBUMFWFMTPGHFOFUJD TQFDJFTBOEFDPTZTUFNEJWFSTJUZ

$BUDINFOU "OBSFBPGMBOEXIFSFSVOPGGGSPNSBJOGBMMHPFTJOUPPOFSJWFSTZTUFN

$BUDINFOUNBOBHFNFOU 5IFSFHJPOBMCPEJFTSFTQPOTJCMFGPSTUSBUFHJDQMBOOJOHBOEDPPSEJOBUJPOPG7JDUPSJBTMBOEBOE BVUIPSJUZ XBUFSSFTPVSDFT

)FSJUBHF "FTUIFUJD IJTUPSJD TDJFOUJmDPSTPDJBMWBMVFGPSQBTU QSFTFOUPSGVUVSFHFOFSBUJPOT

)JOUFSMBOE 5IFCSPBEFSBSFBJOMBOEGSPNUIF(SFBU0DFBO3PBEOPSUIXBSEUPUIF1SJODFT)JHIXBZ BOE  CPVOEFECZ5PSRVBZJOUIFFBTUBOE8BSSOBNCPPMJOUIFXFTU

-BOETDBQFDIBSBDUFS 5IFJOUFSQMBZPGHFPMPHZ UPQPHSBQIZ WFHFUBUJPO XBUFSCPEJFTBOEPUIFSOBUVSBMGFBUVSFT   DPNCJOFEXJUIUIFFGGFDUTPGMBOEVTFBOECVJMUEFWFMPQNFOU XIJDINBLFTPOFMBOETDBQF  EJGGFSFOUGSPNBOPUIFS

-PDBM1MBOOJOH1PMJDZ 1BSUPGB1MBOOJOH4DIFNF UIJTGSBNFXPSLDPOUBJOTBNVOJDJQBMTUSBUFHJDTUBUFNFOUBOEMPDBM 'SBNFXPSL QMBOOJOHQPMJDJFT*UJEFOUJmFTMPOHUFSNEJSFDUJPOTBCPVUMBOEVTFBOEEFWFMPQNFOUJOB  NVOJDJQBMJUZ QSFTFOUTBWJTJPOGPSJUTDPNNVOJUZBOEPUIFSTUBLFIPMEFSTBOEQSPWJEFTUIF   SBUJPOBMFGPS[POFBOEPWFSMBZSFRVJSFNFOUTBOEQBSUJDVMBSQSPWJTJPOTJOUIFTDIFNF

.VOJDJQBMTUSBUFHJD 4UBUFNFOUTUIBUBSFQBSUPGUIF-PDBM1MBOOJOH1PMJDZ'SBNFXPSLBOEDPOUBJOUIFTUSBUFHJD TUBUFNFOUT QMBOOJOHMBOEVTFBOEEFWFMPQNFOUPCKFDUJWFTPGUIFSFMFWBOUQMBOOJOHBVUIPSJUZ UIF   TUSBUFHJFTGPSBDIJFWJOHUIFTFPCKFDUJWFT BOEUIFSFMBUJPOTIJQUPDPOUSPMTPWFSUIFVTFBOE  EFWFMPQNFOUPGMBOEJOUIFQMBOOJOHTDIFNF

1-"/&5 1MBOOJOH/FUXPSLQSPHSBNSVOCZUIF%FQBSUNFOUPG4VTUBJOBCJMJUZBOE&OWJSPONFOUBOEUIF  .VOJDJQBM"TTPDJBUJPOPG7JDUPSJB

1MBOOJOHTDIFNF 4FUTPVUQPMJDJFTBOESFRVJSFNFOUTGPSUIFVTF EFWFMPQNFOUBOEQSPUFDUJPOPGMBOE5IFSFJTB  QMBOOJOHTDIFNFGPSFWFSZNVOJDJQBMJUZJO7JDUPSJB

1SJNBSZJOEVTUSZ "OZJOEVTUSZJOWPMWFEJOHSPXJOH QSPEVDJOHPSFYUSBDUJOHOBUVSBMSFTPVSDFT TVDIBTEBJSZJOH   GPSFTUSZBOENJOJOH

 (SFBU0DFBO3PBE3FHJPO 4PVUI8FTU4VTUBJOBCJMJUZ 1BSUOFSTIJQCFUXFFODPVODJMT QMBOOJOHBHFODJFT DBUDINFOUBOEXBUFSBVUIPSJUJFTBOE 1BSUOFSTIJQ UFSUJBSZJOTUJUVUJPOTUPQSPNPUFQSJODJQMFTPGTVTUBJOBCJMJUZBOEEFWFMPQBOFXDPNQFUJUJWF   BEWBOUBHFGPSUIFTPVUIXFTUSFHJPOPG7JDUPSJB

4UBUF1MBOOJOH1PMJDZ 5IF4UBUF1MBOOJOH1PMJDZ'SBNFXPSLDPWFSTJTTVFTPGTUBUFJNQPSUBODF&WFSZQMBOOJOHTDIFNF 'SBNFXPSL JO7JDUPSJBDPOUBJOTUIJTQPMJDZGSBNFXPSL XIJDIJTJEFOUJDBMJOBMMTDIFNFT

4UPSNXBUFS 3BJOXBUFSUIBUSVOTPGGTUSFFUTBOEHVUUFST FOUFSTESBJOTBOEXBUFSXBZTBOEJTFWFOUVBMMZ  EJTDIBSHFEUPUIFTFB*O7JDUPSJB TUPSNXBUFSJTVOUSFBUFECVUNBZCFmMUFSFECZUSBQTPSXFUMBOET

4USVDUVSFQMBOT 1MBOOJOHUPPMTUIBUTFUPVUBOJOUFHSBUFEWJTJPOGPSUIFEFTJSFEGVUVSFEFWFMPQNFOUPGBQMBDF  5IFTFQMBOTFTUBCMJTIBQMBOOJOHBOENBOBHFNFOUGSBNFXPSLUPHVJEFEFWFMPQNFOUBOEMBOE  VTFDIBOHFJOPSEFSUPBDIJFWFTUBUFEFOWJSPONFOUBM TPDJBMBOEFDPOPNJDPCKFDUJWFT

4VTUBJOBCMFEFWFMPQNFOU %FWFMPQNFOUUIBUNFFUTQSFTFOUEBZOFFETXJUIPVUDPNQSPNJTJOHUIFBCJMJUZPGGVUVSF   HFOFSBUJPOTUPNFFUUIFJSPXOOFFET

4VTUBJOBCMFUPVSJTN 5PVSJTNUIBUNFFUTUIFOFFETPGQSFTFOUUPVSJTUTBOEIPTUSFHJPOTXIJMFQSPUFDUJOHBOE   FOIBODJOHPQQPSUVOJUJFTGPSUIFGVUVSF

5PVSJTN 5PVSJTNJTBOBDUJWJUZDPNQSJTJOHUISFFFMFNFOUT tUIFDPOTVNFSPSWJTJUPSXIPJTVOEFSUBLJOHUIFBDUJWJUZPSUSBOTBDUJPO tUIFQSPEVDU XIJDIJTUIFBDUJWJUZPSUSBOTBDUJPOJUTFMG VTVBMMZUIFPCUBJOJOHPGHPPET   PSTFSWJDFT tUIFTFSWJDF XIJDIJTUIFCPEZTVQQMZJOHFJUIFSUIFHPPETTFSWJDFTPSUIFFOWJSPONFOU   JOXIJDIUIFFWFOUUBLFTQMBDF

5PVSJTNJOEVTUSZ 5IFUPVSJTNJOEVTUSZDBOCFEFmOFEJOUFSNTPGDPOTVNFSBDUJWJUZSBUIFSUIBOJOUFSNTPG   TVQQMJFSBDUJWJUZ XIJDIJTDPOUSBSZUPUIFOPSNBMDSJUFSJPOVTFEJOEFmOJOHBOJOEVTUSZ  5IFVOEFSMZJOHQSJODJQMFJTUIBUUIFBDRVJTJUJPOPGUIFHPPETTFSWJDFTGPSmOBMDPOTVNQUJPO  NVTUCFBDPOTFRVFODFPGUIFBDUJWJUZPGUIFWJTJUPS

6SCBOEFTJHO %FTJHOUPPMTUIBUHJWFQIZTJDBMJOUFSQSFUBUJPOTPGMPDBMWJTJPOTBOETUSBUFHJFT XJUIUIFBJN GSBNFXPSL PGNBOBHJOHDIBOHFBOETFUUJOHOFXEJSFDUJPOTGPSJOUFHSBUFEEFWFMPQNFOUPGUIF  VSCBOFOWJSPONFOU

(SFBU0DFBO3PBE3FHJPO  "DSPOZNT

5FSN %FmOJUJPO $"1 $PBTUBM"DUJPO1MBO $." $BUDINFOU.BOBHFNFOU"VUIPSJUZ (03 (SFBU0DFBO3PBE (033 (SFBU0DFBO3PBE3FHJPO 3$4 3FHJPOBM$BUDINFOU4USBUFHZ 7&"$ 7JDUPSJBO&OWJSPONFOU"TTFTTNFOU$PVODJM 8$# 8FTUFSO$PBTUBM#PBSE

'JHVSFT

'JHVSF 1BHFOP 4USBUFHZ'SBNFXPSL  (SFBU0DFBO3PBE3FHJPO4USBUFHZBOE*NQMFNFOUBUJPO1MBOo%PDVNFOUTUSVDUVSF  -PDBMJUZNBQ  -BOETDBQFDIBSBDUFSUZQFTBOEQSFDJODUT  4FUUMFNFOUT  "DDFTT  (SFBU0DFBO8BML  5PVSJTN1MBOGPS1VCMJD-BOEJOUIF0UXBZT)JOUFSMBOE 

 (SFBU0DFBO3PBE3FHJPO XXXETFWJDHPWBV