The Victorian Government has made $127 million available for councils throughout the state to support the rollout of the proposed four-bin system.
All 79 councils will be able to receive the funding for the purchasing of new bins, the improvement drop-off facilities, and to deliver education campaigns.
The funding will help to deliver the new system, which will include a new purple bin so households can separate glass recycling.
Councils will be able to share in more than $86 million to deliver the standardised bin-lid colours, as well as provide services for consistent four-bin collection.
The remaining $40.9 million will support councils, businesses, and communities through creating new jobs and supporting local manufacturers.
For every 10,00 tonnes of waste recycled the industry creates 9.2 jobs, compared to 2.8 jobs for the same volume for conventional landfill waste collection.
The Victorian Minister for Energy, Environment and Climate Change, Lily D’Ambrosio, said the investment will help to support a statewide recycling system.
“We are working hand in hand with councils to ensure they have the resources they need to roll out these reforms in every corner of the state,” D’Ambrosio said.
“By collecting glass separately, we can make sure more of it is effectively recycled – with jars and bottles transformed multiple times into multiple products.”