3 year Corporate Plan
In an important step towards better transparency, the Melbourne Market Authority has implemented a three-year Corporate Plan, making a long-term commitment to our industry with many of our indicators being ambitious with a reputation of our past priorities being achieved.
While the Melbourne Market continues to deliver essential services, the Corporate Plan sets out a roadmap for core projects and developments across the Melbourne Market precinct. One such development is the creation of an Export and Innovation Food Hub proposed to be developed on the 51-hectare site adjacent to the Melbourne Market, which will realise the Melbourne Market precinct as an asset of international significance when exports are considered.
Consistent with the Victorian Food and Fibre Sector Strategy, the Melbourne Market Authority aims to, create more innovative solutions to everyday Market challenges, attract more investment and help businesses to innovate and grow, capture market opportunities, develop infrastructure, and improve the business environment.
The Corporate Plan makes a long-term commitment to deliver for today and set us up effectively to address the challenges to come. The development of key strategic directions has helped us find better ways of responding to the key challenges identified in the plan, including continuously improving the operating environment, maximising the utility of the trading floors, driving logistical change, precinct master planning, supporting export growth and embracing digital change.
When preparing this plan, we carefully considered the evidence and benefits before committing to spending, to ensure value for money and sustainable long-term financial outlook. Taking a prudent approach to our Budget means we can invest in improving existing core services and assets and set us up for a bright and prosperous future.