Corangamite Shire is located in Victoria's south west. The Shire extends from the 12 Apostles on the coast near Port Campbell and Princetown to Skipton in the north. The eastern boundary is Lake Corangamite and the western border is near Garvoc. The shire's economic base is provided through agriculture and some value-adding manufacturing. Corangamite contains wool growing and cropping areas in the north, while the south has one of the most intensive dairying areas in the State. Farming includes milk, wool, beef, fat lamb and grain. Several milk processing industries are located within Corangamite. The Great Ocean Road, the 12 Apostles, the Port Campbell National Park, fishing and volcanic hills and craters attract tourists. Corangamite also produces gourmet food - cheeses, eel processing and ice cream.

	2012-13	2011-12	2010-11	2009-10
Expenditure ($)	38.576m	38.667m	39.353m	32.256m
Revenue ($)	39.850m	39.998m	39.724m	34.606m
- Charges ($)	16.798m	15.964m	15.239m	14.425m
- VGC Grants ($)	6.780m	6.762m	6.436m	5.904m