economy | biocity studio
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www.pir.sa.gov.aumineralshomegeologygeological_provinces
Tsai hui chu
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
Potential issues and crisis
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.
Potential issues and crisis
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)
Potential issues and crisis
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.
South Australia 2008-2009 budget overview
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
South Australia 2008-2009 budget overview
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
South Australia 2008-2009 budget overview
Elite project
Academia and industries cooperation
Solution HOUSING
South Australia 2008-2009 budget overview
South Australia 2008-2009 budget overview
$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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