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Economic Development

Future Industries Strategies – a plan for growth with a workforce to match

When you’ve advocated for the position of identifying industry and regional economic and workforce priorities, now and into the future, it’s great to see it in action.

Victoria is an example of having many of the components of a 21st Century Workforce with an aspiration for a World-class Vocational Education and Training (VET) system.  On a fundamental level, if you have a plan for growth then you need a workforce to match, with a vision for the workforce and VET into the future.

This blog post explains the Future Industries Fund and aspects of the Victorian budget related to economic and regional development, education and entrepreneurship, employment and jobs, industry and workforce development, plus an invitation to join the Budget 2016 webinar.Tim Pallas Continue reading

New jobs in high value industries for the Sunshine Coast

The Sunshine Coast has been ranked in second place as the best performing non-capital city region in Queensland – and the fifth best non-capital region in the country.

Construction and tourism are the two main drivers of the Coast’s economy – and with the lower Australian dollar, it’s looking to a bright future.

Health precinct, airport expansion & CBD developmentMooloolaba

The number of development applications has increased by 361% in one year.  This includes residential houses, retail premises, educational facilities, offices and accommodation.

Continue reading

Business skills needs analysis taking Monash to another level

In 2014, Monash contributed 4.1% to Victoria’s employment and there’s no sign of growth slowing down anytime soon.

Keen to understand local businesses skills needs, the City of Monash is working alongside Workforce BluePrint, engaging enterprises and stakeholders to uncover evidence of capability gaps.IMG_7236

20 000+ businesses – 118 000+ jobs – $13.62 GRP

With Monash expected to grow to 207,727 by 2036 – a 13.46% rise in population from 2015 statistics – the City of Monash has put together the Economic Development Strategy and Action Plan to support the number of people visiting and settling in Monash. Continue reading

Injecting innovation into small regional town with a big vision – Robe

The South Australian Government has injected $80,000 into the Limestone Coast, to assist companies in the South-East develop effective and strategic business models.  Robe in particular, is on the cusp of economic growth, with new businesses starting up in the town – and the Government is taking notice.

Limestone Coast locals can access the Business Model Innovation Program, which helps participants rethink their current business model, explore new ways of running their business, and revenue diversification strategies.

Enabling employment in the Limestone Coast

RobeThe region is a great place to start a business.  Regional Development Australia Limestone Coast acts as a local facilitator for a number of Australian and South Australian government funded initiatives in fields such as export, food & wine and workforce development. Continue reading

Adelaide’s north – double the growth rate and where are the jobs?

Adelaide’s north is growing at almost double the rate of the rest of the state.  In a 10-year period, from 2004 and 2014, population increased by 20%m but, alarmingly, job opportunities haven’t match its steady growth – especially amid a decline in manufacturing.

Adelaide’s north hits highest unemployment in SA

According to a recent ABC article, 17% of youth in Adelaide’s north is unemployed… and it’s predicted 5,700 more jobs are need to be created to combat the rising unemployment issue.  Elizabeth alone tops the worst area for employment, coming in at an alarming 32.4%.

Dry Creek

In the face of that, the local community are implementing strategies to combat this growing rate, with the City of Salisbury’s Twelve25 Youth Enterprise Centre, a great example.  The centre helps people aged from 12 to 25 to improve their skills and better prepare themselves for employment possibilities.

“We’ve got everything from school holiday programs for the younger kids, right through to entrepreneurial projects for the future Facebook founders of the northern suburbs,” centre manager Rick Henke stated.

Northern Futures is a community-based, not for profit, developing State and Federal programs to advance education, training and workforce development in the northern region.  While WorkReady offers another initiative that youth can take advantage of to access training and employment services, in order to find employment. Continue reading

Is your workforce holding back future business growth?

Would you agree that to grow and expand your business whilst increasing profitability you need to have your workforce on board with your targets and future plans?

And you may be experiencing tension between shifts, team members or managers.  Perhaps job roles and reporting is unclear or behaviour and performance is left unchecked and the management team are not aligned?  Maybe you are an alliance of companies, perhaps in a regional location or industry sector, and a skilled local workforce is critical for your growth.

Food processingAnd what you really need to grow the business or region, considering export opportunities, is a switched on team, happy to suggest new ideas or products and better ways of doing things.  Able to deal with customer complaints and turn them into fans, with pride to say you work here and in non-metro locations particularly, a pool of local skilled people to draw upon.

Could it be time to get your Human Resource infrastructure sorted, and/or the evidence of the type of workforce you really need, and understand the skills needs to achieve your KPIs with production and sales targets?

Here are 9 tips on how to ensure that your workforce is not holding back future business growth: Continue reading

Transforming Geelong from traditional manufacturing to innovation

Geelong’s unemployment rate has risen to nearly 7.5% – a 1.8% increase from the year before.  With blue and white-collar jobs drying up the city’s unemployment rate is hitting local youth the hardest.

90,000 young Victorians out of work – and no jobs

A recent article describes the 21% youth unemployment in Geelong as “an absolute crisis” – which is well beyond the state’s 16.3% rate.

“We have got youth unemployment at levels that we simply haven’t seen since the global financial crisis.  On top of that, we’ve seen a significant shift in employment overall,” Victorian Council of Social Services’ Chief Executive Emma King emphasised recently.

“So for young people, following such a shift in employment from manufacturing to the service industry, young people simply aren’t getting their fair share of jobs.”

But local groups and the Government are taking action – to help transforming Geelong from traditional manufacturing to innovation.Waterfront-geelong Continue reading

Southern Adelaide: Leading the way in entrepreneurship and innovation

Adelaide’s south has become a world-leading centre for innovation and collaboration, attracting international attention, just three years into a major 20-year transformation project.  With the state’s dedication to growth, alongside quality higher education and Vocational Education and Training (VET), Adelaide is set to tackle its high unemployment rates of 8%.

Indonesia and Mongolia delegationWith a $4.8million GRP, Southern Adelaide is made up of industrious, hard-working people with a strong sense of community and environment.  Commercial activity ranges from small, local businesses to worldwide leading exporters. Continue reading

Workforce development aimed at career success in Bendigo

Bendigo, which is the fourth largest inland city in Australia, has an unemployment rate of 30.4% – with 3,400 less young people in work since 2010.  With numerous initiatives – both government and private – in place to give locals the greatest chance at career success in Bendigo is working towards combating their high unemployment rates through workforce development.

One third of local youth out of work

Bendigo’s Labour MP believes the unemployment rates in Bendigo are being affected by the 417-visa program – locking young local workers out of a job.  Nearly 250,000 working holiday visas issued each year were contributing to the 2,500 unemployed young people in Bendigo.

Bendigo“I am especially concerned that the low rates (of pay) these workers accept, while they may be award rate, are less than the local collective agreement, and in this way our local workers are being serious undermined,” she said.

But the region is doing everything in their power to up skill their locals. Continue reading

Mildura: An economic hub of inland Australia requiring a skilled workforce

The Mildura region has a vibrant economy that is continuing to grow and adapt to change.

While the traditional industries in the agriculture and horticulture sectors continue to contribute significantly to the regional economy (supplying 98% Australia’s dried fruit, 75% table grapes, 68% almonds and 20% of Australia’s wine grapes), other industry sectors are continuing to develop, such as manufacturing, property development, retail and construction.

All of which are strengthening and diversifying the region’s economy hence the need for a future workforce strategy.

320px-Murray_River,_Mildura_Victoria_-_South_Australia

The regional economy ($3 billion in GRP per year) continues to benefit from a strong increase in population, as many people discover the value and quality of life this dynamic region offers.

However a strong population doesn’t always mean requiring a skilled workforce – which is the case with Mildura. Continue reading

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