Economic Development
Regional Economic Development Initiatives
Regional economic development activities seek to achieve and maintain a prosperous future for Perth’s Eastern Region and its residents. A range of activities that enable infrastructure and investment to meet the needs of industry are delivered to support economic growth.
The EMRC publishes media releases promoting Perth's Eastern Region's business exemplars. Exemplars are winners of awards from the Region's business support service organisations inclusive of local Chamber of Commerce initiatives, Enterprise Centre experiences and Business associations. The Business Exemplar project raises the profile of particularly successful local businesses and promotes the value of local business support services and their awards programs.
In June 2021, the EMRC hosted a Circular Economy Masterclass bringing together leaders in Circularity from government, business and industry. The Masterclass achieved a number of key outcomes which had attendees engaged and inspired to be part of a collaborative transition to a circular economy. Following the success of the inaugural Masterclass the EMRC is anticipating to deliver a series of Masterclass events, continue connectivity with the newly formed Masterclass Alumni, and expand the newly formed Circular Economy Masterclass network.
The EMRC will continue to explore the Region's local economic future and discuss the role of local government in delivering business support workshop and seminars in various skill sets. Projects and initiatives leading to knowledge and resource sharing are positive avenues for economic vitality in Perth’s Eastern Region. Digital Economic Report Cards are due to be launched in 2021 which will showcase various regional workforce and economic standing.
An action from the Regional Economic Development Strategy 2017 - 2021 includes the Advancing Perth's Eastern Region by hosting regional event forums and Showcase Tours. In 2018 the Perth Airport Precinct Tour took place which incorporated an 'airside' experience, components and insights into the FAL project, Perth Airport Experience Centre and a behind the scenes tour at the Woolworths Distribution Centre. The tours provide member Councils with the opportunity to demonstrate advancements being made in the areas of economic development, transport, recreation and tourism.
The EMRC continues to provide access to REMPLAN and id.Profile resources for its member Councils. The tools capture regional economic and social-demographic profiling data for Perth's Eastern Region and provide member Councils and stakeholders with online access to the profiling data. The economic profile for the Region is available to the public from the EMRC's website to promote the Region and attract investment opportunities.
Strategic Regional Development and Investment Opportunities
The EMRC assists in the alignment of regional priorities with local area priorities to deliver outcomes that support industry investment, advocating for regional priorities and promoting the Region as a whole. The EMRC coordinated regional research to identify current industry clusters and supply chains and investigated the opportunities and constraints that businesses within the Region are facing. Two clusters were identified for each member Council and a further two were identified for the Region. Transport-related clusters were most prevalent followed by manufacturing clusters. Consultation was undertaken with businesses that formed part of these clusters to gain insight into identifying opportunities and constraints that impacted on the ability for the specific cluster to grow. The findings indicated that increasing internet speeds by advocating for NBN and upgrading infrastructure and services would be of most benefit to business clusters across the Region.
The existing Regional Economic Development Strategy will soon form part of a new Sustainability Strategy, due to be completed during 2021/2022. A Regional Economic Development Research Advisory Paper informed the RED Strategy and was developed through extensive desktop research, regional profiling and consultation with member Councils, the Economic Development Officer Group and key stakeholders. The new strategy will continue to complement local priorities of member Councils to maximise, leverage and make effective use of collective resources.
Perth's Eastern Region Economic Report Card 2021
Regional Economic Statistics
To view economic statistics for Perth's Eastern Region including individual member Councils, please visit http://www.communityprofile.com.au/easternmetro
For further information please contact:
Wendy Harris - Chief Sustainability Officer
Phone: (08) 9424 2208
Email: wendy.harris@emrc.org.au
