Economic Development Strategy and Action Plan 2021-31

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Council adopts its 10 year Economic Development Strategy

In late 2020 and early 2021 council worked closely with the Economic Development Strategy and Action Plan 2021-31 Steering Committee. Made up of key industry sector representatives, the committee worked together to deliver a ten-year plan to uplift the economic well-being and quality of life of the Northern Grampians' community.
 
The strategy orientates us towards our future and provides clear direction for the next 10 years.
 
The strategy identifies ambitious, but necessary targets, and identifies how by 2031, council, together with the community, will act to:
  • Grow our population, and lower the median age
  • Grow our economy
  • Grow the economic capacity and engagement of our own people.

Background

On 14 March 2020 Australia recorded its 100th case of COVID-19, as the pandemic swept over the world. The economic shock of COVID-19 represented the most significant economic challenge to Australia’s economy since the Second World War.

By December 2020, the median fall in value-added to Northern Grampians’ economy was 7.4% and median job losses was 2.4%. The greatest impacts were felt by the accommodation and food services and retail sector.

This major world event made council and other community leaders realise that it was time to revisit how economic development is tackled in Northern Grampians. It reaffirmed to council that it needed to be laser focused in addressing Northern Grampians’ biggest challenges to releasing positive economic and social change.

 Background research identified:

  • Our industry mix and what industries were driving our economy prior to COVID-19.
  • The role our economy played prior to COVID-1.9.
  • National and local industry trends.
  • How our economy has been impacted by COVID-19 so far.
  • The makeup of our community including who is staying, who is going, and the skills that exist within our community.
  • Our unique assets, opportunities, challenges and issues.

 

 

 

Project Steering Committee

Snapshot

Strategy on a page

Options

Document hierarchy

Timeline