Transcript The Census – Compelling Economic Development Presented by Matthew Nichol Compelling Economics – A Value Adder Area-specific Industrial Economic Data: Employment Output Wages & salaries Regional.

The Census – Compelling Economic Development
Presented by Matthew Nichol
Compelling Economics – A Value Adder
Area-specific Industrial Economic Data:
Employment
Output
Wages & salaries
Regional Exports
Regional Imports
Value-added
Gross Regional Product
ABS Census
+
ABS National Accounts
Compelling Economics – A Value Adder
Area-specific Industrial Economic data:
Employment
Output
Wages & salaries
Regional Exports
Regional Imports
Value-added
Gross Regional Product
Delivered via
Area-specific ...single or combination of Destination Zones, SLAs, LGAs, SDs
Easy to use interface
Consistent methodological approach enabling ‘like-with-like’ comparisons
Local economic data
Compare
Benchmark
Time series analysis
‘Drill-down’
Profiling for better planning
A local economy is an interconnected system
Our estimates of demand for goods & services by local industries are determined
using Census place of work employment data, which also provides the basis for
estimating the capacity of the local economy to supply goods and services.
“What if” analysis
Direct Change + Industrial Effects + Consumption Effects
Who are we?
...and how do we compare?
Census and REMPLAN... applications for economic development
• Generate detailed local data
• Economic development strategies
• Identify opportunities for import replacement and value adding
• Analyse the economic impacts of potential developments or industry closures
• Identify the contributions of existing firms and industries
• Benchmark with other regions
• Add weight to feasibility studies and grant applications
• Provide timely data to the media
• Attract investment
www.remplan.com.au