Southern Loddon Mallee Regional Strategic Plan 1 - Macedon ...

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strategic direction 3 Strengthen and diversify our economy our objectives: We will strengthen and diversify our economy to ensure wealth and industry mix spread across the whole region. We will do this by: • Ensuring our infrastructure supports the growth of our current and emerging industries. • Maintaining prosperous and sustainable agriculture. • Supporting and developing emerging and potential growth sectors such as tourism and ‘green’ industries. • Leveraging greater employment and investment outcomes from growth sectors including health, education and professional services. • Building a skilled and adaptable workforce. 20 Northern Loddon Mallee Regional Strategic Plan
Basis for action: Overall, the region has a strong economy and a relatively high rate of employment. However there remains significant variability in socio-economic conditions and employment across the region. There is a high degree of commuting outside of the region, from locations including the Macedon Ranges Shire, due to a lack of local jobs and a mismatch between available jobs and available skilled labour. Stimulating local employment and providing local jobs is a high priority. Leveraging from and expanding our health, education and professional services sectors and further developing our tourism sector will contribute to more employment options. Our region has several key strengths that contribute to its relatively diverse and buoyant economy. Our urban and rural residential environments offer an appealing lifestyle to people looking to relocate from Melbourne. Bendigo and the other major towns along the Calder corridor including Castlemaine, Kyneton, Woodend and Gisborne are also readily accessible to Melbourne via rail and road transport links, which enables daily or regular commuting to Melbourne for employment or business. Greater Bendigo has developed as a significant provincial centre, offering a wide range of residential, community and commercial services and employment opportunities. It has strong and increasingly linked health and education sectors, which offer professional employment at metropolitan income levels, as well as providing capital city level services. From this strong base in Bendigo, a wide range of social and commercial services are provided to our region. It is essential that job creation improves the distribution of employment amongst all our cultural groups and keeps pace with projected population growth. Both economic and population growth needs to be sustained through investment in renewal or development of water, energy, transport and telecommunications infrastructure. Industry Employment Shares Victoria and Loddon Mallee - South Mining Electricity, gas, water and waste services Rental, hiring and real estate sevices Arts and recreation services Information media and telecommunications Agriculture, forestry and shing Administrative support services Other services Financial and insurance services Wholesale trade Public administration and safety Transport, postal and warehousing Accommodation and food services Professional, scientic and technical services Education and training Construction Health care and social assistance Retail trade Manufacturing Loddon Mallee - South Providing more local employment opportunities Levels of commuting to Melbourne or Bendigo are particularly high in Mount Alexander and Macedon Ranges, with over 20% of Mount Alexander and Macedon Ranges residents commuting to work beyond their municipal boundaries. A significant proportion of workers in Macedon Ranges and Mount Alexander (60 and 35% respectively) reside in other municipalities and travel to or within the region for work. The level of commuting reflects our strength in proximity to Melbourne and is likely to increase further as our population grows. However, this can also contribute to leakage from the regional economy and may detract from community life and personal well-being. Development of further employment opportunities within the region, improving interregional connectivity and more effective use of telecommunications may help to offset the commuting trend. This is particularly important in the Central Goldfields and Loddon Shires, where there are limited opportunities beyond the traditional manufacturing and agriculture sectors. The region is experiencing growth across most sectors, concentrated around Bendigo and in townships in proximity to the Calder Highway between Bendigo and Melbourne. Opportunities for employment in the construction, food processing and transport and logistics sectors exist through out the region, with opportunities in the health, education, business services and retail more concentrated around Bendigo. With improved transport connections, a diverse range of employment opportunities exists for the whole region. The availability of serviced industrial land is also critical to sustaining growth. 15 10 5 - 5 10 15 2018-19 2001-2006 Share (%) Victoria Southern Loddon Mallee Regional Strategic Plan 21
Page 1 and 2: Southern Loddon Mallee Regional Str
Page 3 and 4: contents About this Plan 4 Location
Page 5 and 6: STRaTegy 1: Manage our population g
Page 7 and 8: A snapshot of the Southern Loddon M
Page 9 and 10: our people The strong and widely ac
Page 11 and 12: Strategic Direction 1 - Manage our
Page 13 and 14: Basis for action: The projected gro
Page 15 and 16: MaNage OuR POPuLaTION gROwTh aND Se
Page 17 and 18: Basis for action: Our region has ma
Page 19: STReNgTheN OuR COMMuNITIeS, eSPeCIa
Page 23 and 24: STReNgTheN aND DIveRSIfy OuR eCONOM
Page 25 and 26: Basis for action: As our population
Page 27 and 28: IMPROve OuR INfRaSTRuCTuRe Telecomm
Page 29 and 30: IMPROve OuR INfRaSTRuCTuRe Southern
Page 31 and 32: Basis for action: Tertiary educatio
Page 33 and 34: IMPROve eDuCaTION aND TRaININg OuTC
Page 35 and 36: Basis for action: Our region’s na
Page 37 and 38: Working together to implement the p
Page 39 and 40: eferences Australian Bureau of Stat

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