Regional media outlets Australian Community Media (who own this publication), WIN Network, Prime Media Group and Southern Cross Austereo have come together for a campaign called "Save our Voices" led by Ray Martin.
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The campaign aims to lobby the government to relax laws which govern how many media outlets a business can own in a specific market.
State MP for Goulburn Wendy Tuckerman acknowledged that communications fell under the federal government's portfolio but said she supported the local newspapers in her electorate which included the Goulburn Post and Southern Highland News.
"The role which these newspapers play in our community is crucial," she said.
"These publications provide locals with a sense of social connection, documenting births, deaths and marriages, community events, civic change and the achievements of sport, art and academia of our family, friends and neighbours.
"Without a local paper available in our newsagents and stores I am concerned that there will not be another vessel to share this connection across our community."