MEDIA RELEASE – Macarthur Regional Economic Report 2013/14
Thursday 13 August 2015
MACROC (the Macarthur Regional Organisation of Councils), on behalf of its member Councils, Camden, Campbelltown and Wollondilly, subscribes to Economy.id. This online economic profile and modeling tool provides online statistical information and can be accessed by business and the general public on the MACROC website.
Once a year Economy.id also prepare a key findings regional report. The latest report ‘Macarthur Region. Economic Key Findings Report 2013/14’, examines the economic characteristics and workplace role and function the Macarthur region.
MACROC President Cr Paul Hawker believes ‘understanding of the economic and demographic processes at work in Macarthur provides a framework for understanding what role the industries and workforce play in the context of Greater Sydney.’
‘A sustainable economy is based on the relationship between the industries and the workforce of the region and economic development is focussed on fostering this relationship between population and economy, ensuring that the area is attractive to businesses. The report can inform the economic development activities of each Council in a bid to continue to better understand the business landscape of the Macarthur region, and I believe the findings of the report will assist MACROC and its member Councils to understand how they can support existing businesses and attract new businesses.’
The report identifies some of the key challenges and opportunities for regional economic development one of which is maintaining economic growth to provide local jobs with the expected large increase in residential population over the next 2 decades.
‘I encourage you to have a look at this latest regional economic report’, says Cr Hawker, ‘It provides an analysis of factors that could affect business confidence and performance as well as providing an overview about the local business climate for potential investors and businesses’.
The report: “Macarthur Region. Economic Key Findings Report 2013/14” can be found on the MACROC website at www.macroc.nsw.gov.au .
For media comment, call Cr Paul Hawker, President on 0410 498 731
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