Outer Western Sydney Innovation Survey launch

1. Liverpool City Council University of Western SydneyAustralian Expert Group In Industry Studies (AEGIS) Outer Western Sydney Innovation Survey launch

2. Liverpool City Council Bruce MacDonnell Acting Manager, Economic & Employment Development

3. M 2 M 4 M7 M 5 M 5 M 5 • Olympic venues

4. The Case for Liverpool • The capital of South Western Sydney • Strong local leadership • Young and central to NSW’s fastest growing region • Location: M5, M7, Metro Rail Links, Transitway • Accessible to Australia’s global gateways • Cost competitiveness - land, office rent, transport, labour • A young skilled workforce (average age 44)

5. South West Sydney • Population: from 750,000 to 1 million • Rapid improvements in education outcomes • Concentration of advanced manufacturing • Innovative employment centres • A transport and logistics hub • Outstanding infrastructure (soft and hard) • High demand for housing and services

6. Liverpool • Population from 168,000 (2005) to 242,100 by 2026 (increase of 1.7%, Sydney 0.8% pa) • Growing labour force (83,574) • Unemployment rate of 5.0% (NSW 5.3% and Australia 5.4%) • Building approvals down for the June Qtr by 40.5% (offset by increase in value of approvals) • Median House Price $410,000 (above average for NSW) • Median Unit Price up by 8.8% (above average)

7. Industry Structure • Approximately 16,000 businesses • 93% can be classed as SME’s • Major Industries • Construction 27% • Property and Business Services 19% • Retail 11% • Manufacturing 9% • Transport and Storage 9%

8. Liverpool’s challenges • Matching population growth with job growth • Increasing business investment • From local to metropolitan responsibilities (Metropolitan Strategy and Centres Policy) • A learning community • A dynamic and innovative CBD • Increasing employment lands • Integrated transport network

9. Liverpool’s Economic Development Statement • Grow existing businesses • Attract new businesses and investment • Improve continuous learning

10. University of Western SydneyAustralian Expert Group In Industry Studies (AEGIS) Dr. Cristina Martinez Senior Research Fellow

11. Innovation in South West Sydney

12. Thinking about innovation • Innovation and economic development • Knowledge-based economy • Defining innovation

13. Innovation is • New product or service or, • new organisational or managerial process or practice or, • new operational process • with economic value

14. Proportion of businesses innovating2001-2003 types of innovation, by employment size Source: ABS 2003 Innovation in Australian Business

15. Proportion of businesses innovating by industry 2001-2003 Source: ABS 2003 Innovation in Australian Business

16. South West Sydney Hawkesbury Baulkham Hills Blacktown Penrith Sydney CBD Sydney CBD Liverpool Camden Campbelltown Wollondilly

17. Industrial structure Top industries (by employment) • Manufacturing (18.1%) • Retail trade (17.6%) • Health & Community services (11.0%) • Education (9.3%) • Property & Business services (7.5%) • Wholesale trade (5.3%)

18. Occupational structure

19. Reichian occupational breakdown

20. Participation in Education Metropolitan Sydney NSW

21. Educational qualifications

22. Jobs growth 1991-2001 • South West Sydney jobs growth 26,638 • net new jobs • Growth rate of 3.5% per annum • Metro Sydney jobs growth rate 4.9%

23. Sydney Metropolitan area Hawkesbury Baulkham Hills Blacktown Penrith Sydney CBD SWS average 13.8% Liverpool Camden 16.0% Sydney Metro area 27.9% 15.5% Campbelltown 9.9% Income growth 1991-2001 Shown in $2002-03 Source: BTRE Taxable income database 13.9% Wollondilly

24. Conclusions • Innovation key to economic development • Non R&D factor more important in innovative activity • Available proxies for understanding innovation in SWS give a mixed picture • Importance of Outer Western Sydney Innovation Survey

25. Survey Covers four broad areas: • Business demographics • Innovations • Knowledge sources and inputs • Collaboration and networks

26. Questions