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Shire of Roebourne Local Planning Strategy

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<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>8 Strategic Analysis8.1 Summary strategic assessmentA summary strategic assessment <strong>of</strong> the economic strengths, weaknesses, opportunities and threatsinforms the development <strong>of</strong> specific programs:StrengthsThe <strong>Shire</strong> contains large world-class economic activity;This provides world-class purchasers, which means that local businesses selling to the maineconomic base (i.e. the minerals and resources sector and to any agri-businessdiversification projects that may become established) will have the skills and experience <strong>of</strong>marketing to major purchaser and may have exportable goods or services applicable to inother similar international markets;It is the biggest centre in the region, housing the greatest diversification, scale and range <strong>of</strong>regional services, including a substantial health campus, one public and one private highschool and a TAFE centre with remote university facilities. It is the location <strong>of</strong> the regional<strong>of</strong>fice for a number <strong>of</strong> government agencies;As the largest town in the Pilbara it is most likely to contain the mix <strong>of</strong> community, culturaland social facilities that will keep attract and keep a wider population mix. There is a goodvariety <strong>of</strong> lifestyle attractions around the Nickol Bay area generally; andThere is forecast continuing expansion for the local and regional economy.Weaknesses Labour costs are high, on all national and international comparisons; General costs <strong>of</strong> doing business are high, including high utilities and services costs; Costs <strong>of</strong> commercial and residential accommodation remain relatively high, although theseare starting to moderate; <strong>Local</strong> market is still small (Scale not yet there); There is ‘crowding out’ <strong>of</strong> tourism activity by FIFO worker demand – this is expected toreduce fairly quickly from 2014; Human capital rankings (educational attainment, skilled labour) are relatively low comparedwith other Australian regions; and High proportions <strong>of</strong> services are imported from other centres, principally Perth.OpportunitiesThere are opportunities in: Expansion <strong>of</strong> the economic base; Diversification projects; Tourism expansion; Services expansion; and Expansion <strong>of</strong> the small business sector.ThreatsThreats to economic growth include: An unexpected slow-down in mining activity possibly caused by substantial reductions incommodity prices due to reduced economic activity in major markets, particularly China;61

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