Local Economy
What we value
Our local economy benefits from a strong agricultural industry supported by the saleyards, and locally owned businesses including arts, crafts and local produce.
We have active main streets which include cafes, restaurants and hotels. We enjoy economic potential for further business growth through tourism.
Business activity is aided by the proximity to major centres and good transport links.
There are ample employment opportunities due to our proximity to Canberra and our own diverse, albeit small, employment base.
Priorities for the future
Our local tourism potential is constrained by the immaturity of Palerang as a destination—its attractions, activities, choice and distribution of accommodation, and the lack of cohesion and promotion across the shire.
We need to foster business development to meet the increasing population and demand for goods and services.
We need to extend and/or improve infrastructure such as parking, streetscapes, public amenities and footpaths in our villages to support local business development.
Increasing business reliance on telecommunications will also demand infrastructure and service improvements.
Our planning processes need to balance local economic development with the residents’ desire to maintain the atmosphere and lifestyle currently offered by living in our shire.
Agricultural land needs to be protected from urbanisation to sustain a strong rural economy.
Impacts of road bypasses on our local economy will need to be identified and evaluated.
There is a need to recognise and address economic inequalities across the Palerang area.
Our goal
Our economy is strong and sustainable, providing diverse local employment opportunities and ease of access to goods and services.
Strategies |
Develop an economic master plan for Palerang that identifies tools and mechanisms to foster local economic development, including tourism. |
Improve Council’s LEP, DCP and planning processes to provide greater clarity surrounding growth and development in the local economy. |
Encourage vertical integration of businesses throughout Palerang on a ‘buy local – sell local’ basis. |
Indicators of success |
Palerang has a strong economy with thriving businesses and vibrant town centres. |
There is a significant increase in the number and diversity of employment opportunities within the shire. |
There is an increase in the number of visitors contributing to the local economy. |
There is an increase in production and sale of produce within the shire. |