Presentation on theme: "Recommended by the 2010 Duncan Review and subsequently supported by the WA government structured as an overarching aspirational plan for the region Inter-related."— Presentation transcript:
Recommended by the 2010 Duncan Review and subsequently supported by the WA government structured as an overarching aspirational plan for the region Inter-related to the State Planning Strategy, Planning and Infrastructure Framework and Local Plans a “strategic operating manual” for achieving above trend economic growth.
An extensive literature review of over 177 existing strategic documents Detailed consultation and briefings with more than 77 stakeholders and partners 22 focussed “Expert Position Papers” on key areas and topics A structure that facilitates continuous integration of the latest data throughout its life Research and analysis to set population, employment, economic and social goals, targets and measures
Some level of growth and development is the most economically probable scenario for the Kimberley. What is yet to be determined is :- the scale of that growth the quality of that growth ( how broad is the benefit ?) Aspiration = 92,000 people, 50,000 jobs, GRP X, social and environmental preservation and potential. System = x people, x jobs GRP & but probable unacceptable social losses Failure = x people, x jobs, grp $$ and probable unacceptable social and environmental losses
cooperative work with the State demographer has been undertaken to assess growth scenarios across Kimberley settlements in an aspirational investment environment. Long term sustainable growth rates have been agreed across all the Kimberley settlement types ranging from 1-5% AAGR to 2036 The implication is an aspirational AAGR for the region of 3.65% or 92,000 people by 2036 Broome, Kununurra and Derby would have more than 43,000, 15,000 and 8,000 people respectively.
a regional population of 92,000 people would need 34,000 ‘new’ jobs assessment of industries of comparative advantage shows they are set to create nearly 15,000 additional jobs Growth in other industries at rates between system and aspiration could create another 18-19,000 jobs
robust and achievable targets have been determined for population, employment and production value for key industries. A set of approximately 45 rigourous metrics is being designed for their ability contribute to shaping projects, initiatives and policies that support and drive Blueprint targets The Blueprint meets its most demanding challenges without flinching from the opportunity or responsibility
major industries in mining, oil and gas, the pastoral and agricultural sectors have already commenced strong growth Significant investments are underway in the Ord, in ‘Water for Food’ areas and in Broome’s rejuventation, accessing a wide range of public, private, foreign and domestic investment. Innovative Housing Initiatives are already underway Major native title settlements in the east and west Kimberley are in place
Initiatives consistent with the Blueprint have already commenced. The blueprint practices and processes do and can not supercede the due diligence of investors but they can shape outcomes, focus policy and direct government effort for best effect.