[2] It was created as part of the Whitlam government’s National Growth Centre project in an effort to decentralise the population, the corporation role was to manage and develop land with the aim to grow the Albury-Wodonga region to 300,000 people by the year 2000.
[4] In 1972 the Whitlam Federal Labor government selected the cross-border towns of Albury (New South Wales) and Wodonga (Victoria) to form the Albury-Wodonga Growth Centre.
It then became the corporation's responsibility to dispose of property assets and provide a financial return to the government in preparation for its abolition.
[6] The abolition of the Victorian state corporation was effected by the Albury-Wodonga Agreement (Repeal) Act 2003 (No.
By the end of 2014 the federal corporation had been wound up and the remaining assets transferred to the Department of Finance.