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Economic Development Plan

The Economic Development Plan 2015-2020 (the Plan) establishes Banyule’s economic development agenda for the next five years, setting a vision and strategic objectives and is accompanied by a two-year action plan.

Development of the Plan has been based on:

  • Our City Plan commitments and overall policy direction, provided by the Place and People policies;
  • Reflecting on successful economic development programs and initiatives we have delivered, or delivered in partnership with others;
  • Consulting with key stakeholders, including directly with businesses;
  • Understanding the shape of the local economy, and its dominant and emerging trends including growth, industry focus and the labour market;
  • Analysis of the key issues, including changes in the retail sector, and;
  • Identification of challenges, strengths and opportunities.

Ultimately the Plan sets a framework for continuing our successful programs and initiatives in shopping centres, business support and regional economic development, while setting foundations to strengthen the future agenda, including; investment attraction for target areas, and partnerships to benefit the labour market.

There is a suite of four documents:

 Economic Development Plan 2015-2020 Summary – An overview of the Plan in a quick reference format.

 Economic Development Plan 2015-2020  – The full Plan.

 Economic Development Plan 2015-2017 Action Plan – The specific actions that Council will take to implement the Plan.

 Economic Profile 2015 – A snapshot of the Banyule economy.

 Economic Development Plan Summary