2015-12-14 General Committee Agenda Attachment 1 to Item 3 Noosa Shire Economic Plan

Professional Services
Who:                                                     What:
According to the Australia and New Zealand Standard      Professional services are important to the
Industry Classifications, Professional, Scientific and   development and growth of the key industries. They
Technical Services include businesses that specialise    provide support and services that help their clients
and sell their expertise as opposed to selling           to manage and improve their business, and they play
equipment or materials. This specialisation generally    a key role in the commercialisation of new products
requires a high level of training and formal (usually    and services.
tertiary level) qualifications. It includes scientific
research, architecture, engineering, computer            Professional services are a key component of industry
systems design, law, accountancy, advertising, market    supply chains and they tend to cluster in response to
research, management, and consultancy services,          areas of specialisation. They are therefore important
veterinary science and professional photography.         to the growth and development of the priority sectors
                                                         identified in this Plan.
Many businesses traditionally included in Professional
Services maybe captured in other priority sectors.       The Professional Services sector is strongly
For example Architects maybe captured in Creative        represented in the Noosa Shire according to the
Industries. Business will be counted once only and       2011 Census data thus:
will not be duplicated across multiple sectors.          •   professionals account for approximately 18% of
                                                             employment

                                                         •   managers account for approximately 14.4% of
                                                             employment

                                                         •   sales workers account for approximately 14% of
                                                             employment.

                                                         How:
                                                         Activity in this sector looks to support increased:

                                                         •   connection, collaboration and clustering

                                                         •   business activity

                                                         •   employment and career opportunities.