Goal 17
Economy

Grow economic resilience and diversity so new and existing industries continue to succeed in local, national and global markets

2040 Outcome: 
  • Achieve Gross Regional Product growth in line with Victoria state average.
  • Warrnambool attracts and trains enough skilled workers to meet the needs of local industry.
  • Regional programs that help supply the skill needs of regional employers are provided and promoted.
  • Achieve a minimum 15 years supply of undeveloped land (commercial, industrial and residential).
The changes we want by 2026: 
  • Residents (and especially young people) have increased awareness of the critical skills and workforce shortages in the local economy.
  • Warrnambool’s employment continues to grow across industry sectors.
  • Unemployment rate in Warrnambool continues to be one of the lowest of any Regional City in Victoria and below the State average.
  • Economic participation for those groups who have traditionally had low workforce participation rates (people with a disability, ATSI people, etc) has significantly increased.
  • The Warrnambool Aboriginal Employment Strategy will have been developed and implemented.
  • Warrnambool’s Economic Development Strategy 2015-2020 has been implemented, reviewed and updated.
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Individuals have committed to an action that supports this goal

Community Projects that support this goal