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Keston Economics About Keston Economics Keston Economics, based in regional WA (Albany), is ideally suited to a number of the areas of economic consultancy, with extensive knowledge and expertise of regional development, stakeholder consultation and analysis, strategic planning, feasibility and business case development. Keston Economics has been operating for over sixteen years and undertakes regional development and innovation activities, both within Australia and overseas. Keston Economics works across a range of sectors (tourism development, infrastructure development and community initiatives) for the state government, local government authorities, community-based organisations and local business. Keston Economics’ project success is based on: • An in-depth knowledge of regional and economic development priorities and needs (e.g. Keston has worked on growth plans and regional economic development strategies related to the Southern Investment Initiative). • Robust analysis. • Report writing, including recommendations and clearly articulated strategies and recommendations for implementation. • An understanding of economic factors, including the development of cost-benefit analyses for projects. • A thorough and robust needs assessments and feasibility studies, informing well-argued business cases. • Robust and targeted stakeholder analysis and consultation tools founded on robust social research principles. Over recent years, Keston Economics’ directors and associates have been involved in a range of projects, with key developments summarised below. Strategic Planning Capacity Regional development strategic planning and blueprinting: • A 2019 Strategic Economic Development Analysis for the Great Southern, on behalf of the GSDC; • Contribution to the development of the 2015 Great Southern Regional Blueprint, on behalf of the GSDC; • A 2012 Regional Economic Development Strategy for the Great Southern, on behalf of GSDC • Central Great Southern Economic Development Strategy, on behalf of the GSDC; • An export infrastructure blueprint for the Great Southern, on behalf of the GSDC; • A study into the factors influencing innovation in regional WA on behalf of the Department of Commerce; and • A strategic plan for the University of Western Australia (UWA) Great Southern campus. Strategic planning and facilitation: • Development of an operations plan and manager job description for an innovation hub in the Great Southern, on behalf of Design and Innovation in the Great Southern (DIGS) - now Fathom Co.; • Development of a corporate plan for South Coast Natural Resource Management, Inc.; • Development of a strategic plan for the GSDC; and • A strategic plan for the University of Western Australia (UWA) Great Southern campus. Feasibility studies: • Addressing Homelessness in the Great Southern; • Specialist Disability and respite accommodation in the Great Southern; • South Coast Environment and Heritage Centre in Albany; • Gnowangerup Community and Training Centre; • An Early Childhood Hub in the Shire of Katanning; • A Malting Plant development in the Great Southern; and • Various community and sport and recreation feasibility studies. Funding Capacity and Track Record Business case developments for a range of community and commercial projects: • Business case and cost benefit analysis for Norman House youth transitional accommodation and supporting programmes, on behalf of Albany Youth Support Association and Advance Housing; • Business cases and/or cost-benefit analyses for the Department of Biodiversity, Conservation and Attractions, such as business case or cost-benefit analysis work on the John Forrest National Park, Tree Top Walk, Breaksea Island, William Bay and SW Mountain Bike Trail projects; • Business cases and/or cost-benefit analyses for various Local Government Authorities, including the City of Albany (e.g. Motorsport Park, Middleton Beach Foreshore Enhancement, Visitor Centre Relocation, Centennial Park Sport and Recreation Facility Upgrade), Shire of Murray (e.g. Dwellingup Gap Project), and Shire of Katanning (e.g. Community Childcare Centre, Regional Saleyards, All Ages Playground, Heritage Precinct); • Royalties for Regions business cases for a range of projects, including tourism development projects, Cheynes Cottage and Serpentine Road student accommodation, Great Southern Housing Initiative, seniors housing, regional wine trail, botanic gardens, aquaculture industry development; • Denmark Surf Life Saving Club Transformation Project; • Salinity engineering solutions in the Wheatbelt; • Livestock saleyards at Muchea on behalf of the WA Meat Industry Authority; • Sports and recreation initiatives in the City of Albany, Shire of Katanning, and Shire of Broomehill-Tambellup; and • On behalf of the GSDC, business cases for a range of projects, including developments at the Port of Albany and extension of the Bunbury to Albany Gas Pipeline. Keston Economics success rate and contribution to regional economic development Keston Economics has a track record of successful fund raising from a variety of sources, including direct budget allocations from state government departments, funding schemes from the Department of Local Government, Sport and Cultural Industries (CSRFF), Royalties for Regions (REDS, RGS & AAF), Lotterywest and Regional Development Australia (through RDAF, NSRF and BBRF). Keston Economics’ success rate is well above the overall applicant success rate for each programme, with 76% of all Keston Economics’ business cases and funding applications (over 60 projects) having attracted funding over the last decade. This represents over $147 million in funding for over $232 million in infrastructure and community development initiatives throughout Western Australia, particularly in the Great Southern and South West regions. Recent and Current Clients Client Project Type WA Department of Study on innovation in regional WA Commerce Study on research infrastructure for tropical science in the Kimberley region (through UWA) Great Southern Feasibility Studies Development Strategic Planning Commission Proposal Evaluations Development of a Regional Strategic Economic Development Analysis (2019) Development of a Regional Infrastructure Blueprint (2015) Development of a Regional Economic Development Strategy (2012) Development of a Regional Export Infrastructure Plan Development of concept briefs for Royalties for Regions projects Cost-benefit analyses for a range of projects Business cases and cost-benefit analyses for a range of projects, including: • Wine Trail tourism product • Regional Botanic Gardens tourism product • Wave energy • Aquaculture industry development • Student accommodation • Seniors housing Creative Albany Operations Plan for the DIGS (now Fathom Co.) Innovation Hub South Coast NRM Strategic commercialisation planning, project management planning, and corporate plan development South West Finalisation of the business case for the Margaret River Hub for Entertainment, Arts and Regional Development Tourism (HEART) project. Commission Collie revitalisation project. Department of Business case development for tourism projects: Biodiversity, • William Bay Conservation & • Breaksea Island Attractions WA Parks Foundation Feasibility study and business case for John Forrest National Park University of Western Strategic Planning Australia Business Plan Development European Commission Evaluation of R&D projects Project Technical Advisor on collaborative R&D projects Technology Strategy Evaluation of R&D projects Board, UK Monitoring Services for collaborative R&D projects City of Albany Needs Assessment and Feasibility Studies Business planning for the Albany Aquatic and Leisure Centre Management Plan for co-location of facilities Lower Great Southern proposal to host the Department of Fire and Emergency Services Rural Fire Division - Bushfire Centre of Excellence Study on the economic impact of the National Anzac Centre Business cases and cost-benefit analyses for a range of projects, including: • Albany Motorsport Park • Active Ageing – Long Live You • Middleton Beach Foreshore Enhancement • Artificial Surf Reef • Albany Tourism and Information Hub • Previous library and town hall developments/concepts • Centennial Park Sports and Recreation facility • Albany Waterfront Cultural, Heritage & Tourism Precinct Shire of Katanning Business Cases: • Katanning Regional Saleyards • Regional Entertainment Centre • New Administration Building • Airport developments • Recreational and Leisure Centre upgrades • Seniors housing development • All Ages Playground Project Planning Activities associated with “SuperTowns” Growth Plan development Katanning Economic Development Strategy H + H Architects Feasibility study for addressing homelessness in the Great Southern Albany Youth Support Business case and cost benefit analysis for Norman House youth transitional accommodation. Association Advance Housing Business cases and cost benefit analyses for Cheynes Cottage and Serpentine Road Student Accommodation projects (40-beds). Community Living Feasibility studies for specialist disability accommodation Association, Albany Wheatbelt Catchment Business Case Alliance Funding Applications Albany Worklink Strategic and Business Planning South Coast NRM Inc. Commercialisation Planning Project Management Planning Corporate plan development Feasibility study for South Coast Environment and Heritage Centre WA Meat Industry Business Cases and Feasibility Studies Authority Katanning Community Development of a Feasibility Study and Business
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