2015-08-18 Planning and Organisation Committee Agenda

PLANNING & ORGANISATION COMMITTEE MEETING AGENDA                                               18 AUGUST 2015


EXECUTIVE OFFICE REPORTS
8                        NOOSA ECONOMIC PROFILE
DOCUMENT INFORM AT ION




Author                            Senior Economic Development Officer, Carolyn Bullen
                                  Executive Office

Index                             ECM/Subject/ 45 – Project Management

Attachments                       1.   Economic Profile, Noosa Shire Prepared by AEC Group Ltd
                                       (58 page attachment – supplied separately to this agenda
                                        2 hard copies available for viewing in the Councillors’ Room)



EXECUTIVE SUMMARY
The AEC Group was engaged to prepare an economic profile for the Noosa Shire.
Information in the profile will inform the development of a local Economic Plan for Noosa,
form a baseline from which to monitor and measure the economy overtime and assist in
decision making within business and industry.

The purpose of this report is to provide Council with an overview of the key indicators within
the Economic Profile and seek approval to use the information in the future policy and
planning.

RECOMMENDATION
That Council note the report by the Senior Economic Development Officer to the Planning &
Organisation Committee Meeting dated 18 August 2015 and note the Economic Profile
prepared by AEC Group Ltd.


REPORT

1.                       Background

There are a number of government agencies that provide a range of economic data and
statistics however base information can be obtained from a variety of sources and differing
methodologies applied. Additionally in many instances information is only published at a
higher level and needs to be filtered to a lower level to be applicable or relevant. Therefore
specialist skills are needed to apply a robust framework and methodology when constructing
economic data and subsequently, the AEC Group was engaged to provide an economic
profile for the Noosa Shire region.

The Economic Profile (refer Attachment 1) will be used to inform the development of Council
policy and plans and to monitor economic activity overtime. It will also be made available to
the public to, among other things, inform and assist in decision making within business and
industry.

2.                       Key Points

The Noosa Economy is strong and growing. It reflects many national trends such as an
ageing population and growth in the health care and social services, and professional,
scientific and technical services.



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