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Economic Development & Innovation Strategy North Burnett Regional Council Economic Development & Innovation Strategy North Burnett Regional Council / Economic Development & Innovation Strategy Table of Contents Mayor’s Message ____________________ 1 Objectives and Measuring Progress ____ 12 Introduction ________________________ 2 Priority Action Areas ________________ 14 1. Building on Our Natural Strengths _______________15 North Burnett Economic and Innovation Profile ________________ 4 2. Developing our Innovation Eco-System _________ 16 Key Stats ___________________________________ 4 3. Growing our Tourism Sector __________________17 Data Overview ______________________________ 6 North Burnett - the Adventure Destination __________18 4. Improving Infrastructure and Connectivity _______ 19 Economic Strengths and Challenges _____ 8 5. Empowering Community ____________________ 20 Economic Strengths __________________________ 8 6. Taking a Global Perspective __________________21 Economic Challenges _________________________ 8 7. Leveraging Smart Technology ________________ 22 Community Engagement ______________ 9 Partnership and Collaboration ________ 24 Vision_____________________________11 Wide Bay Burnett Regional Organisation of Councils (WBBROC) _________________________ 24 Our Economic Values ________________11 Wide Bay Burnett Economic Development Strategy __ 24 Burnett Inland Economic Development Organisation (BIEDO) ________________________ 25 Queensland State Government _________________ 25 Australian Federal Government _________________ 25 Case Study: Seven Horses Australia ____ 26 Case Study: Biggenden Livestock & Realty __________________ 27 Case Study: Smart Berries ____________ 28 Implementation and Next Steps _______ 29 ii Mayor’s Message North Burnett is a region of great economic success, and even greater potential. New frontiers of prosperity, opportunity and innovation are before us. This plan, the North Burnett Economic Development & Innovation Strategy, charts our way forward. We will build on our traditional strengths – agriculture, mining, tourism, and natural resources – to drive economic growth and employment. We will leverage new trends and technology to diversify and expand our economy. We will engage head-on with economic challenges Rachel Chambers North Burnett Mayor and disruptions to ensure North Burnett’s economic strength and resilience. The people and communities of North Burnett are our greatest economic assets. This Strategy was shaped by and for our local communities. And we are committed to new methods of collaborating with our citizens, to enhance opportunity, participation and innovation. The future is partnership and collaboration, and North Burnett welcomes economic and innovation partners from the world over. We have immense economic capacity and are open to new modes and models of development and growth. Already a region of exceptional opportunity, I look forward to new economic and innovation achievements for North Burnett. Mayor Rachel Chambers North Burnett Regional Council 1 North Burnett Regional Council / Economic Development & Innovation Strategy Introduction North Burnett is rich with natural resources, economic opportunity, and community strength. Our region covers 19,700 kilometres of diverse Australian countryside, shared amongst six main townships: Biggenden, Eidsvold, Gayndah, Monto, Mt Perry, Mundubbera, and an additional 25 villages and farming catchments. We have a long and proud history of development, prosperity and resilience. With readiness we also face challenges including distance, drought, flood and connectivity. Always receptive to new technology and new ideas, as the digital revolution continues to disrupt and expand economies around the world, North Burnett is gearing up to make the most of emerging opportunities. This Strategy is our commitment and our roadmap to drive ongoing economic growth and innovation in North Burnett. Developed based on engagement with our local community, and detailed analysis of economic/technology/demographic trends, this Strategy will position North Burnett as an innovation leader – a destination for business, investment and skills. “North Burnett is gearing up to make the most of emerging opportunities.” 2 3 North Burnett Regional Council / Economic Development & Innovation Strategy North Burnett Economic 4 and Innovation Profile1 Unemployment 5.3% 7.6% 6.9% NBRC Queensland Australia This Economic Snapshot indicates a number of strengths and opportunities for North Burnett. For example, our natural resources and low unemployment rate are clear strengths. There are also opportunities to improve household internet access and our innovation capacity as a region. 5 1 Weekly Income (Household $917 $1,402 $1,438 Median) Internet at Home 66.2% 83.7% 83.2% NBRC Queensland Australia NBRC** Queensland Australia 6 2 Median Age 46 37 38 Education (Bachelor Degree 7.3% 18.3% 22% or Higher) NBRC Queensland Australia NBRC Queensland Australia 7 3 Employment by National Ranking industry 31.7% Agriculture, 9.8% Health 7.5% Education (Regional Australia 1 of 10 8 of 10 Forestry Care and and Training and Fishing Social Assistance Institute) Natural Innovation* Resources (top 10% in Australia) 7.4% 5.1% 5.0% Public Retail Trade Construction Administration and Safety 1. ABS 2016 Census Quick-stats; and Regional Australia Institute, [In]Sight: Australia’s Regional Competitiveness Index, 2016. 5 4 North Burnett Regional Council / Economic Development & Innovation Strategy DATA OVERVIEW Education (Bachelor National Ranking 1 Internet at Home 2 Degree or Higher) 3 (Regional Australia 4 Unemployment Institute) This data is collected by the ABS and refers The education statistic measures the The RAI is a not-for-profit think thank devoted The unemployment rate in North Burnett to any member of a household accessing proportion of the population that holds a to understanding and developing regional is below that of Queensland and Australia. the internet from home using any type of Bachelor Degree or higher. In general, Australia. The [In]Sights project is one of This is a good result demonstrating the connection including wireless, cable and this is a key indicator of economic capacity their major initiatives which uses a range of broad economic strength of the region. mobile broadband. and outcomes. metrics and ABS data to compare councils However, these figures can often mask across Australia and rank them from 1 to While home internet access in North As above, while North Burnett’s percentages various employment challenges, as it does 10, with 1 being the top 10% and 10 being Burnett is low compared to Australia and are below the average for Queensland and not reflect underemployment or people who the lowest 10%. Queensland, this statistic is perhaps better Australia, the local figures are comparable to might have moved from the region to seek compared to other regional areas, where other regional areas. Moreover, these figures The [In]Sights project shows that ‘Natural employment elsewhere. access rates between 65-75% are common. do not account for a range of other vocational Resources’ are a clear strength for North attainments and skills not dependent on Burnett with a ranking of 1 – the top 10% of all Nonetheless, this is an area of improvement Tertiary education. local government areas! This ranking is based for North Burnett. Increasing access to on a range of metrics including employment in technology and internet connectivity are a Improving this indicator is a long-term agriculture, minerals and energy. proven catalyst for economic growth, social opportunity for North Burnett. Increasing inclusion and innovation. access to technology/internet and other On the other hand, for ‘Technological innovative programs can help play a part. Readiness’ North Burnett was ranked 8, which is towards the lower end of achievement compared to all local government areas. This ranking is based on metrics related to mobile/ internet connectivity and employment in technology related industries. Weekly Income Employment by (Household Median Age 5 Median) 6 7 industry While employment levels are generally high The median age for North Burnett is well The ABS statistics about local employment by in North Burnett, average weekly incomes above the media age for Queensland and industry highlight North Burnett’s strengths in are below the average levels for Queensland Australia. This differential is due to many natural resources, government administration and Australia. factors, including the movement of younger and health/aged care services. generations to larger urban centers. These figures need to be considered in Like most regional areas, North Burnett context. Average incomes are generally An aging population is a significant challenge faces the challenge of maintaining these lower in regional areas, reflecting the nature for North Burnett, with any change dependent strengths while diversifying industry and of employment and also the much lower on long-term focus and effort. Enhancing the employment opportunities. Education, cost of living (in comparison to the large local business and innovation eco-system and innovation, technology, industry and business urban centres). increasing access to technology/education programs will all play a part in developing the will play an important role. employment profile of North Burnett. 6 7 North Burnett Regional Council / Economic Development & Innovation Strategy Economic Strengths Community and Challenges Engagement This Strategy was developed based on broad
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