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Creating economic opportunities for all

Economic Development Strategy

Economic Development Strategy

We’re developing a strategy to create new jobs, new investment and promote innovation in Newcastle

The release of our Discussion Paper is designed to create a conversation and critical consideration in order to inform a new economic plan for our city. More than ever, we've heard business and our community are concerned about future economic opportunities and want to be part of the solution. Establishing a new Economic Development Strategy (EDS) will allow us to make the most of tomorrow’s opportunities and support a resilient city. 

Our discussion

We encouraged our community and stakeholders to have a say on how we can create the right environment for a stronger Newcastle economy. The engagement program included:

  • Over 180 completed surveys
  • Presentations to CN's City Taskforce and staff workshops
  • TAFE NSW – two workshops with over 50 staff / student reps across multiple disciplines, and importantly well represented by CALD and ATSI communities
  • Community Sector – workshop with nearly 30 reps from the NGO space
  • Hunter Young Professionals – workshop with 60 attendees.

Our Discussion Paper engagement and survey closed 5pm on Sunday 6 December 2020. We are now preparing engagement reports.

EDS values

  • People-centred – Programs will place people at the centre with outcomes to benefit the broad community.
  • Future focused – Programs will push the boundaries, making Newcastle a place where we pilot, rework and try again; innovation is fundamental to everything that we do.
  • Evidence-driven – Data-driven research will inform our programs. Newcastle will be the most researched and analysed Gateway City in the world; our stories and programs will be evaluated and understood, becoming models of success for replication across the world.

Key Newcastle statistics

  • Almost 1 in 10 Novocastrians are unemployed
  • 11,000+ people are on JobSeeker or Youth Allowance, almost 1 in 5 if you’re aged 18-25 years
  • Women, people from Non-English speaking backgrounds, people living with disability and others experiencing social disadvantage (such as casualised employment conditions) have been disproportionately impacted.

Our response to the COVID-19 pandemic

CN recognises that locals have been impacted by the effects of the COVID-19 pandemic. To help address these impacts, we provided leadership through the creation and facilitation of a City Taskforce, which has brought together 17 key city leaders from across manufacturing, small business, tourism, transport and logistics, arts and culture, workers, education and community sectors to chart a path for community and economic recovery. We have also developed a comprehensive community and business support package designed to help the community and businesses through the effects of COVID-19.

 

Economic Development Strategy

Creating new economic opportunities for all in the 2020s.

Empower, retain and attract people with skills of the future. Create a place where everyone has an opportunity.

The EDS is a ten-year strategy (2020s) to envision a future for the Newcastle economy. The strategy will be designed to be action-oriented, with work programs developed as one-year action plans.

The EDS is proposed to be refreshed every five years (next in 2025), while the action plans will be updated every calendar year.

Project timeline

Contact us

Economic Strategy & Government Relations Manager

Phone: 02 4974 2000
Email: mail@ncc.nsw.gov.au

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