Boddington District Economic Development Strategy

1. Boddington District Economic Development Strategy 24th January 2010

2. An Economic Development Strategy Framework for Boddington District The strategy identifies: • Where we are now – a profile of Boddington and regional and global context • Where we want to be in the future – a 30+ year vision • How we are going to get there - a set of strategic, priority activities – an economic model • Leadership and direction – to help guide partnerships, decisions, resource use, manage conflict and trade offs • A framework for monitoring, evaluating and reviewing

3. Our vision for a sustainable economic cycleBuilding growth on opportunities

4. ED Framework Vision To maintain the quality of life and small town character of the Boddington district whilst striving to attract more residents to share in these benefits and achieve greater economic self-sufficiency. Principles • A sustainable community • Maintain economic growth and broader, targeted spectrum of economic development and social investment in the district • A transparent framework within which priority actions can be assessed • Assist in long term planning, management and performance monitoring processes

5. ED Framework Contd. Themes taken from key focus areas of growth plan framework • A sustainable community • Economic activity and employment opportunities • Maximisation of the benefits of technology and innovation • Integrated transport and key infrastructure linkages • Marketing and strengthening of identity

6. Fast Facts * Average Annual Growth Rate 5 Years to 2010

8. 1 Where we are now

9. Business survey and workshops Preliminary business survey results: • 29 surveys returned (16 Boddington) • Majority operate from ‘home premises’ • Main industry sectors included mining, retail, and construction • Majority of respondents have an annual turnover of less than $100k • Majority of businesses have been in operation at least 5 years • NBN Broadband would improve operations • All business use local supply chain for some element

10. Key economic growth messages Medium to long run projections – economic growth at 3-4% achievable Key messages It will get harder to do business in the global market Boddington Economic Development must be interconnected to all levels of government Develop Networks inter and intra industry 3 year land supply , well serviced by power, water ,ITC etc Technology savvy Main street conducive place to‘visit’ ‘do business’ Promote, attract and market strengths

11. Strategic Economic priorityDiversify & strengthen Practical outcome based • Growth in sectors targeted by economic development strategy • Increased and diversified employment opportunities • Increased export development & inward investment • Retention, attraction and development of skilled workforce • Delivery of planning and infrastructure for traditional, next generation, and speculative opportunities

12. Asset model

13. Strategic Economic priorityDiversify & strengthen Economic opportunities are most likely to result from: 1.       Investments in physical infrastructure 2.       Investments in human capital 3.       Raising participation rate of existing population 4.       Investment in technological progress, and 5.       Improved access to markets Research of Australian , UK and USA small town economies ( Bureau of Transport and Regional Economies and Grattan Institute Report – Investing in regions, May 2011)

14. Business and industry development opportunities 7 business and industry growth opportunities • Mining – value added services • Construction- affordable, green technology • Manufacturing – services to Bunbury and Mandurah • Agriculture – high end produce, gourmet food, emerging wine, brand agri-products • Retail- High street convenience, tourism product • Tourism- visitor services, accommodation, food, leisure • Emerging – waste/resource management, renewable energy • Creative industries • Health and well being

15. Examples of Projects and Programs • Expand local delivery of training and corporate education programs (Newmont / BGM) • General Manager of the Caterpillar Institute (Perth) in recessions, training is often abandoned and Australia has suffered as a result. There's not a shortage of people willing to become apprentices, it's a shortage of employers willing to train them on the job. 2009 • District Tele-Centre and Business Hub • Information centre / Library / learning centre • Sponsor and facilitate Tourism Industry Association and tourism industry development • Tourist Office/retail/craft hub • District branding programs • Tourism development, farm stay, boutique B&B, short stay, experience and adventure recreation, touring centre • Specialist agricultural produce • “Mobile surgeries”- health, education, planning, business

16. A District settlement of 10,000 people has: • Reliable high level power, water, sewerage, access, ITC • Employment land (232Ha) for additional 3,800 jobs • Residential land for additional 750 homes • District and Local playing fields • Indoor recreation centre • Skate park, BMX track • Sport club rooms • 4 neighbourhood centres • Sub-district library • Sub-district child care centre • Small youth centre • Seniors centre • Community health clinic • Plus other specific community related items

17. Population Growth

18. Three broad causes of population growth: • Expansion of the economic base; • In-bound migration of people with no direct economic link to the district; • Increase in the number of ‘local’ mining employees.  Three scenarios in the context of the Super-Towns initiative: Scenario 1: ‘Business as Usual’ • No major new initiatives, incremental change from current Scenario 2: SuperTowns Initiatives • Growth as a result of SuperTowns initiatives, requires significant area based economic stimulus focused on human capital and skills Scenario 3: ‘Aspirational’ • Accelerated growth exceeding expectations, requires multi sectoral economic stimuli, financial incentives/subsidies and catalyst projects

19. Current Industry Assets

20. Tourism Assets

22. Growth Elements

23. Growth Scenarios

24. Scenario 2: “SuperTown Initiatives”

25. Scenario 3: “Aspirational”

32. Next steps • Draft ED report to be circulated • Revise subject to comments • Integrate into growth plan • Council advertise • Council adopt