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Shire of Roebourne Local Planning Strategy

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2 The economy <strong>of</strong> the <strong>Shire</strong><strong>Shire</strong> <strong>of</strong> <strong>Roebourne</strong> <strong>Local</strong> <strong>Planning</strong> <strong>Strategy</strong>Technical Report A1: Economic Development <strong>Strategy</strong>2.1 Factors <strong>of</strong> economic growth in the <strong>Shire</strong> <strong>of</strong> <strong>Roebourne</strong>The economy <strong>of</strong> the <strong>Shire</strong> is heavily dependent on the minerals and energy sector. The mining sectoraccounts for $4,041 million <strong>of</strong> the $6,894 million total value added (59% <strong>of</strong> total) in the <strong>Shire</strong> (2011estimates) and the oil and gas and iron ore mining make up 57% and 38% respectively <strong>of</strong> value addedin the <strong>Shire</strong> from the mining sector. 2 Construction, the next largest sector measured by value added, isoverwhelmingly directly related to mining and resources projects.Table 2: Value added by industry sector, <strong>Shire</strong> <strong>of</strong> <strong>Roebourne</strong> Modelled dataIndustry sector (2006 ANZSIC) 2011 $ millions (2008/092011 % <strong>of</strong> totalconstant prices)Agriculture, Forestry and Fishing 63 0.9Mining 4,041 58.6Manufacturing 84 1.2Electricity, Gas, Water and Waste Services 75 1.1Construction 1,940 28.1Wholesale Trade 54 0.8Retail Trade 49 0.7Accommodation and Food Services 25 0.4Transport, Postal and Warehousing 148 2.1Information Media and Telecommunications 16 0.2Financial and Insurance Services 23 0.3Rental, Hiring and Real Estate Services 60 0.9Pr<strong>of</strong>essional, Scientific and Technical Services 48 0.7Administrative and Support Services 61 0.9Public Administration and Safety 84 1.2Education and Training 56 0.8Health Care and Social Assistance 43 0.6Arts and Recreation Services 2 0Other Services 23 0.3Total industries 6,894 100Source: National Institute <strong>of</strong> Economic and Industry Research (NIEIR) modelling and .id consultantsThe resources sector is the only one in the <strong>Shire</strong> selling outside <strong>of</strong> the Pilbara region in significant volume.It is this which drives wealth into the region.However, the resources sector is highly capital intensive, not labour intensive, and this is likely to becomemore marked over time. Major companies with capital intensive operations will seek to continually reduceon-site labour costs – remote mining technology is one <strong>of</strong> the main areas <strong>of</strong> research for the mining2Pilbara Development Commission, Pilbara Regional Economy Version 2, March 201210

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