Backing Latrobe Valley And Gippsland

Key points

• The Victorian government says all revenue from EnergyAustralia's water entitlement for the Yallourn coal mine will go into the Regional Jobs and Infrastructure Fund. Treasurer Colin Brooks announced the decision, which follows a similar move for AGL's water entitlement.
• EnergyAustralia will pay $230 per megalitre each year, rising with inflation, once water is used for mine rehabilitation. Payments will start after the planned closure of Yallourn Power Station in 2028.
• Strict conditions limit water use in dry years to protect river flows and local users.