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Snowy Monaro 2018 -2022 Regional Economic Development Strategy

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Snowy Monaro 2018 -2022 Regional Economic Development Strategy Snowy Monaro 2018 - 2022 Regional Economic Development Strategy Vision Connecting its communities and growing its strengths in tourism, energy generation, farming, forestry and manufacturing. Disclaimer Copyright The Crown in right of the State of New South Wales This publication is protected by copyright. With the acting through the Department of Premier and exception of (a) any coat of arms, logo, trade mark or Cabinet (Department) does not guarantee or other branding; (b) any third party intellectual property; warrant, and accepts no legal liability whatsoever and (c) personal information such as photographs of arising from or connected to, the accuracy, people, this publication is licensed under the Creative reliability, currency or completeness of any material Commons Attribution 4.0 International Licence contained in this publication. (https://creativecommons.org/licenses/by/4.0/legalcode) Information in this publication is provided as general information only and is not intended as a substitute for advice from a qualified professional. The The Department of Premier and Cabinet requires attribution as: © State of New South Wales (Department Department recommends that users exercise care and use their own skill and judgment in using of Premier and Cabinet), (2018). information from this publication and that users carefully evaluate the accuracy, currency, completeness and relevance of such information. Users should take steps to independently verify the information in this publication and, where appropriate, seek professional advice. Nothing in this publication should be taken to indicate the Department’s or the NSW Government’s commitment to a particular course of action. 2 Preface The NSW Government has assisted local councils Importantly, the Strategy should be viewed as the first For further information about the Regional Economic and their communities to develop 37 Regional stage of a process that will assist those with an interest Development Strategies Program please contact CERD Economic Development Strategies across regional in the economic development of the Region, on (02) 6391 3025 or [email protected] NSW. Each strategy is designed around one or particularly councils, communities and local more local government areas that form a functional businesses, in planning their future economic activities. economic region as defined by economic data and It provides a vehicle for engaging the community in a community input. ‘conversation’ about regional needs and priorities, assists in bringing together key stakeholders and While the strategies have been developed using mobilising resources, and in so doing, can facilitate consistent methodology, each is a product of faster access to dedicated NSW Government funding, detailed data analysis and local community such as the Growing Local Economies Fund, as well consultation to ensure ownership through a ‘bottom- helping to capitalise upon other economic up’ process: it sets out a vision for the region, the opportunities. strategies, and early stage actions required to achieve the vision. This Strategy, prepared by Corview, on behalf of Snowy Monaro Regional Council, key stakeholders Regional Economic Development Strategies and the broader regional community, benefited from articulate a framework for identifying actions crucial economic-analytical assistance from the NSW to achieving the regional vision. Projects listed Government’s Centre for Economic and Regional within this Strategy should therefore be viewed as Development (CERD). example projects that have emerged from the initial application of the framework. Adoption of these The Strategy is presented in two documents, the projects would be subject to further evaluative Snowy Monaro Regional Economic Development processes. Strategy 2022 (this document) which allows the reader to quickly and easily determine key content, while the The power of the Strategy is its ability to be used on accompanying Snowy Monaro Regional Economic an ongoing basis to identify additional high value Development Strategy 2022 -Supporting Analysis projects over time. By complementing existing details the Strategy methodology, evidence and the funding processes, these strategies present new strategy development process. opportunities to strengthen and increase investment in regional development across NSW. 3 Introduction The Snowy Monaro Regional Economic • specialisations – activities in which the Region has These strengths provide strategic imperatives to: Development Strategy 2018 - 2022 (the Strategy) a demonstrable advantage 1. develop the Region’s year-round tourism offering has been developed to facilitate economic growth • stakeholder consultation – ‘on the ground’ and accessibility from major markets opportunities across the Snowy Monaro Regional feedback on local economic conditions and Council (the Region). 2. cultivate the Region’s ‘Engines of Growth’ forward-looking assessments of opportunities, specialisations in agriculture, forestry and wood The Region is home to more than 20,000 people, issues, gaps and risks and initiatives to help shape products concentrated in the centres of Cooma, Jindabyne the future. and Bombala. People who work in the Region 3. promote skills acquisition and industrial land The Strategy also takes account of regional risks and typically live in the Region: 84 per cent of its jobs development to strengthen the Region’s how they might be addressed. are held by local residents. employment base The Region’s has a vision to be a year-round tourism Economic development for the Snowy Monaro 4. grow the population to deepen the Region’s destination and exporter of power, produce and means bringing the Region’s communities together internal markets for goods, services and labour. products. This can see the Region realise its potential to grow the skilled workforce, and strengthen an as a connected and prosperous community set amidst This Strategy began with its guiding vision for the already diverse economic base, to contribute to a a highly liveable natural environment. Region’s future. prosperous and thriving Region. Snowy Monaro’s key endowments lie in its pairings of Next we establish the composition and defining Economic principles suggest unique strengths natural features and complementary infrastructure. For economic characteristics and strengths of the Region provide regions with sustainable economic example, its mountainous terrain is paired with its ski today. advantages, and so they should be points of focus fields and accommodation; waterways with the Snowy for regional development policy. Finally, the strategic imperatives suggested by the Mountains Scheme; and commercial forests with analysis and stakeholder feedback are established, Snowy Monaro’s unique strengths were determined Dongwha Mill. supported by detailed strategies and actions against through review of several factors: Snowy Monaro’s diversified economy includes a range the implementation themes. • the Region today – considering the Region as a of specialisations, spanning: This Strategy is the culmination of collaboration whole and the localities within it for their • Engines of Growth like tourism, agriculture, forestry, between the Snowy Monaro Regional Council, its particular demographics, infrastructure, power generation and manufacturing community and the NSW Government’s CERD. institutions and economic opportunities • Enabling Industries like utilities, property services, Strategy implementation will be overseen by the • endowments - key features of the natural administration, transport and professional services General Manager of Snowy Monaro Regional Council, environment, built environment, geography and drawing on staff and broader stakeholders as • Population Serving Industries like education, retail, society specific to the Region or location appropriate. public administration and healthcare. 4 Background The Snowy Monaro Regional Council is located in Snowy Monaro sits at the top of both the Snowy and south-eastern New South Wales, about 100 Murrumbidgee River catchments offering significant kilometres south of the Canberra CBD, and about environmental value, as well as a source of fresh water 400 kilometres south-west of the Sydney CBD. for urban, recreational, irrigation and energy uses. Snowy Monaro is home to the iconic Mount The council was formed on 12 May 2016 through a Kosciuszko, Australia’s highest mountain and the merger of the Bombala, Cooma-Monaro and Snowy historic Snowy Mountains Hydro Electric Scheme. River Shires. Snowy Monaro also serves as a gateway to the NSW The Region covers 15,163 square kilometres, South Coast, Southern Tablelands of NSW and North surrounded by rolling plains country and mountain Eastern Victoria. The Region’s major road links include: ranges. About a third of the Region consists of national parks and reserves. • Monaro Highway The three major centres are relatively distinct, • Snowy Mountain Highway economically and demographically. Jindabyne is the • Delegate Road, Kosciuszko Road and Barry Way fastest growing centre and is heavily oriented towards tourism. Cooma has grown modestly over The Region is connected by air via Snowy Mountains time and heavily features retail and agriculture in its Airport, located 16 kilometres south-west of Cooma. economic base. Bombala has experienced Snowy Mountains Airport provides daily return services population decline, despite being ideally located from the Snowy Mountains to Sydney. The Region also between the snow and surf. It has a
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