Goal 17
Economy
Warrnambool grows its resilient and diverse 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.
201
Individuals have committed to an action that supports this goal