Regional Futures Plan Development Funded by CCA and Building Better - - PowerPoint PPT Presentation

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Regional Futures Plan Development Funded by CCA and Building Better - - PowerPoint PPT Presentation

Aug 13, 2022 181 likes •278 views

The Cradle Coast Regional Futures Plan Development Funded by CCA and Building Better Regions Fund. Reference Group established around 2016 with UTAS, Burnie City Council, State and Federal Government representatives and others.

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SLIDE 1

The Cradle Coast Regional Futures Plan

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SLIDE 2

Development

  • Funded by CCA and Building Better Regions Fund.
  • Reference Group established around 2016 with UTAS, Burnie City Council,

State and Federal Government representatives and others.

  • Regional Australia Institute rolled out its “Regional Pathfinder” process.
  • More than 100 stakeholders contributed through workshops and one-on-
  • ne consultation.
  • Published in November 2018.
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SLIDE 3

What it looks like

  • All about boosting regional growth and fostering a more

resilient economy to lift the living standards of all residents in the region.

  • Or, “more jobs, better jobs”.
  • Two key features

1. Regional Investment Framework 2. New approach to regional governance - “joined up economic development”

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SLIDE 4 Investor: Facilitator: Accredited: Cradle Coast Authority Reviewed by Eldar Salkovic Yes

CRADLE COAST AUTHORITY – REGIONAL FUTURES PLAN

Boosting regional growth and fostering a more resilient economy to lift the living standards of all residents in the region

BENEFITS MAP

KPI

TARGET by 2021 data available in 2022

BENEFIT

BASELINE

MEASURE

Increase Engagement
  • f 15-24yr olds
49.8% (2011)

RESPONSE

0.7 Carol Bracken (06/01/2020) 6.0 Version no.: Last modified by: Template version:

KPI 3: Reduction in skills shortage

Improved liveability & attractiveness of the region as a place to work and live 20%

KPI 4: Increased retention of working age population

% of adult Tasmanians with literacy skills at
  • r above OECD Level 3
148% (2016) 111,003 (2016) Increase in percent
  • f working age
people 15-64 yrs of age Increased resident population

A skilled and relevant workforce equipped to support the regional economy 40%

Increase to national benchmark Continue increase aiming for national benchmark Continue recent trend, increase by 3%

KPI 5: Increased attraction of working age population KPI 6: Increased social participation KPI 1: Increased engagement of locals in education or work KPI 2: Increased qualifications of workforce

  • No. of local workers
with university qualifications 23.7% (2016) Continue increase aiming for state benchmark 32.1% (2016) Continue increase of 2%
  • No. of local workers
with technical qualifications 61.5% (2017) Reverse decline and increase by 1.6% 97 (2017/18) More people employed in the Arts Continue increase of 10% pa. No skills shortage reported in construction or health sectors Difficulty recruiting health prof., State-wide shortage in construction (2018) No shortages reported Increase Engagement
  • f 55-65yr olds
37.1% (2016) Continue increase aiming for state benchmark
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SLIDE 5 Investor: Facilitator: Accredited: Cradle Coast Authority Reviewed by Eldar Salkovic Yes

CRADLE COAST AUTHORITY – REGIONAL FUTURES PLAN

Boosting regional growth and fostering a more resilient economy to lift the living standards of all residents in the region

BENEFITS MAP

KPI

TARGET

BENEFIT

BASELINE

MEASURE

Increase labour force participation rate

RESPONSE

0.7 Carol Bracken (06/01/2020) 6.0 Version no.: Last modified by: Template version:

Improved growth and resilience of the regional economy 40%

Increase no. of businesses 2170 (2017/18) 3049 (2016)

KPI 10: Increased jobs in key sectors underpinning our performance

Increase in Agricultural jobs Increase in mining jobs 4126 (2017/18) Continue current trend, increase by 5% pa. Increase by 5%
  • pa. aiming to
match state sector growth Reverse decline and increase by 0.3% pa.

KPI 9: Increase in total

  • no. of businesses

KPI 7: Increased local employment

7843 (2018) 5193 (2017/18) 178 (2017/18) Increase by 1% pa. Reverse decline and hold numbers Reverse decline and hold numbers 53.6% (2018) Increase aiming for State benchmark No reduction in jobs in Energy No reduction in manufacturing jobs Increase in Tourism jobs No reduction in value of the energy industry $44.2M (2017/18) Reverse decline and hold numbers Reduced % of households in low income 26.2% (2016) Reverse increase aiming for State benchmark

KPI 8: Increase in household income

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SLIDE 6

Regional Events Working Group Renewable energy Working Group Choose Cradle Coast Working Group Education and training Working Group Arts and Culture Working Group

CORE TEAM

Regional Economic Development Steering Group

RESEARCH

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SLIDE 7

REDSG

  • Sheree Vertigan AM - principal, education consultant
  • Professor Jim Cavaye - UTAS
  • Jim Ertler - Premium Fresh
  • Lara Hendriks - Dept. of State Growth
  • Tim Hess - Petuna, freight and logistics
  • Ian Jones - Business North West, international trade
  • Cr Vonette Mead – MeadCon
  • Craig Perkins - RDA Tasmania
  • Stacey Sheehan - real estate, strong links to DCCI
  • Catherine Stark - former ecodev officer, Seven Sheds Brewery
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SLIDE 8

Thank you

Questions?