economy | biocity studio

www.pir.sa.gov.aumineralshomegeologygeological_provinces

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Economy

http://www.livingin-australia.com/compare-australia-cities.htm

Industries that play a big part in Adelaide's economy include automotive manufacturing, bio-science, engineering, ICT, medical research, tourism and the wine industry .

Industries

Major industries

Traditional industries: Agri-food products/services Automotive Insurance/financial services

Emerging industries: Business convention services Health/education Information/communications technology

Major private-sector employers

BAE Systems (Aerospace) BHP Billiton (Mining and related services) General Motors Holden (Automotive)

http://www.competitivealternatives.com/cityprofiles/showprofile.asp?id=ADL

Adelaide's

SA’s economy centres on the agricultural, manufacturing and mining industries.

Industry structure of South Australia

Australian National Accounts, State Accounts, 2006-07, Cat. No. 5220.0

General

Exports contribute more than 20% of Australia's GDP

South Australia is currently experiencing strong economic growth. Our mining and defense industry sectors are booming and there is very strong industry growth in construction, finance and insurance.

South Australia's economic performance over the past eight years reveals why business confidence remains at high levels

1. total employment up by 14% 2. business investment was 126% and at a record high in 2006-07 3. retail sales were 39% higher in the December quarter 2007 and annual exports were 66% high in January 2008

Major projects totalling $44.8 billion in value either underway or in the pipeline, many of them related to mining and defence.

www.premcab.sa.gov.au/dpc/government_coag.html

EmploymentSouth Australian employment growth has also been strong, with a trend unemployment rate is 4.8%.

Employment

www.premcab.sa.gov.au/dpc/government_coag.html

TOTAL EMPLOYED PERSONS (a), Trend, South Australia

Source: Labour Force, Australia (cat. no. 6202.0)

UNEMPLOYMENT RATE (a), Trend

Source: Labour Force, Australia (cat. no. 6202.0)

Employment

ABS-2001census occupational & skills analysis section,DEVR

Potential issues and crisis

The 30 year Plan for Greater Adelaide envisages an extra 537,000 peopleliving and working in the city by 2030 who will need 247,000 new homes

Adelaide’s population is 1,146,119

What ways government can attract people move in?

The city itself has a limited public system

Not enough support network for worker

Brain drain

http://en.wikipedia.org/wiki/Adelaide%2C_South_Australia#Economy

Between 2001 and 2006, Adelaide lost 2900 professionals.The rate of people leaving Adelaide has nearly doubled, with the city losing 7000 people in the five years since 2001, up from a previously recorded loss of 3800 people between 1996 and 2001.

Pia Akerman and Andrew Faulkner, 2008,’’Best and brightest go for bigger cities’,The Australian

AGE AND SEX DISTRIBUTION, SOUTH AUSTRALIA, 2001 and 2006

Source: Australian Bureau of Statistics

Especially young people can contribute economy


Birth rate decrease and the number of old people increase

It is very important to keep working age people stay here.

Old-boy networks which make find a job or innovate become more difficult for newcomers.

South Australia is likely to have the highest jobless rate in the nation, and was expected to have Australia's highest jobless rate of 5% in March 2009

More job opportunities and challenges in other cities.


If there is no one want to stay here?

Melbourne Institute, cited in Stephen Johnson’s report Stephen Johnson’s report,” SA to have highest jobless rate in 2009”, the Advertiser.

1345.4 - SA Stats, Apr 2008

JOB VACANCIES, Original, South Australia

Source: Job Vacancies, Australia (cat. no. 6354.0)


Job vacancies decreased

The least job opportunities in the nation.

Solution TAX

Tax is a issue for brain drain

High tax force people work oversea, even move to oversea.

South Australia 2008-2009 budget overview

The payroll tax rate will be cut from 5% to 4.95% from 1July 2009.

Will result in $136 million in tax savings over 3years.

Tax-free threshold increased from $522,000 to $600,000.


payroll tax is to make Adelaide one of the most attractive places when it comes to business cost inputs

The threshold will be higher than in other state’s level

about 300 employers will no longer pay payroll tax.

http://www.news.com.au/adelaidenow/story/0,22606,23815170-5017210,00.html

www.mediabistro.com/agencyspy/wpp/default.asp

Solution EDUCATION

More than $70 million To build better schoolsTo continue successful school retention programTo support the Government’s 10 new trade schools

Better education system

Parents let their children study here

Better study environment

Trained more talents


For local students-Free education/ reduce the number of debt

For oversea students-Reduce tuition fee

But need to work here for few years.

Sign out a contract which ask students work here to contribute economy for few years.

Provide more scholarship

Contribute economy


Elite project

Academia and industries cooperation

Solution HOUSING



$4000 first home bonus grant$7000 first home-owner grant

50% first home buyers will receive assistance.

Adelaide Affordable Housing Projects

People with low and medium-low incomes New migrantsYoung peopleCouple Students

The rate of settle down will rise.

15 % new affordable housing target will be build.

Adelaide City Affordable Housing Projects

oznewsroom.blogspot.com/2008_02_04_archive.html

According to urban planning spokesman David Ridgway "We're not going to see any increased expenditure on public transport in those area until at least 2013"

Residential area combine with business area

Living quality will improve

More leisure pursuits

Better infrastructure

Small business even for second business

Solution HOUSING

Most of affordable housing is build outside of Adelaide

Surrounding of city

High density

http://www.abc.net.au/news/stories/2008/07/10/2299800.htm?site=AdelaidePlanning Strategy for Metropolitan Adelaide

Solution INDUSTRY

South Australia’s economic performance update

According to Planning Strategy for Metropolitan Adelaide

Planning Strategy for Metropolitan Adelaide

Promote the development of ‘green’ businesses, particularly in relation to sustainableenergy, waste recycling and manufacturing, water and wastewater treatments, andalternative transport.

Assist businesses to cluster in specialised activity precincts and create links betweenbusinesses in those clusters where appropriate.

Solution INDUSTRY

Green Economy

Renewable Energy

Cradle to Cradle design

The pollution can reduce the quantity of environment capital and productive service

encourage and facilitate the development of renewable energy production in South Australia, including renewable electricity, solar, wind and geothermal power.

Planning Strategy for Metropolitan Adelaide December 2007

The Government has set a target for cutting greenhouse gas emissions by 60% of 1990 levels by 2050.

drive 25km produce up to 3.1 tons gas/year

Carbon effect

www.yulon-motor.com.tw

William McDonough& Michael Braungart,” Cradle to Cradle ： Remaking the Way We Making Things”

Can build Automotive Research and Testing Centre Industry Park

Use Mitsubishi’s plant and facilities to produce and innovate new model

Innovate Adelaide’s own Green hybrid car

Car industry background

Industry Park

Industry Park Engineers Plants& Offices Building& Planning Workers Food

Enterprises cooperation

Products& services

Auto leasing corporationInsuranceSchool associationChildcareTravel servicesTechnology

Graduate students(Elite project)

International enterprises Oversea workers

Migration

More job opportunities

Attract people move in

Solution INDUSTRY

The core economy can give impetus to whole economy

Outflow of people will backflow

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