Dubbo Region Investment Prospectus

INVEST IN THE

DUBBO REGION

OUR REGION

The Dubbo Region is a dynamic and vibrant regional centre supported by quality infrastructure, diverse industry and significant growth opportunities.

Productive and sustainable infrastructure projects have been key to the Region’s economic growth, increased employment and enhanced quality of life. In partnership with the Federal and New South Wales Governments we have more than $88.7 million invested in infrastructure projects currently underway or in the pipeline over the next two years.

Our continued economic strength lies heavily in the diversity of industries that reinforce the Region as a vibrant service centre for an area approximately one third of NSW. We are home to over 4,500 registered businesses and our thriving retail sector, education, health and professional services are the envy of regional cities across Australia. *LJ Hooker Commercial, 2017

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INVEST IN THE DUBBO REGION

The Region has incredible growth opportunities, in the past five years our Gross Regional Product (GRP) has increased by 59.3% and is now $3.425 billion. This growth is set to continue with construction entering our top five industries for output generated for the first time and strong local supply chains are supporting further growth.

Significant investment and expansion within your business is a reality in the Dubbo Region with affordable overheads, a strong and skilled labour force and quality of life. Commercial real estate in Dubbo is on average $200-$240 per square metre for office rent per annum, compared to $675* in metro counterparts CBD. This significant cost saving is attracting

entrepreneurs and multinationals from throughout Australia.

Dubbo Regional Council has a committed and holistic approach to economic growth and expansion within the Region. Our Economic Development and Marketing Team support new business, expansion of industry, workforce and destination.

The Dubbo Region is leading the charge in regional New South Wales.

GET CONNECTED Our strategic location in Central NSW combined with a compelling combination of factors have ensured that the Dubbo Region has remained at the forefront of regional growth, investment and opportunity.

AIR: 180+ direct flights per week

NBN: Connected fibre optic

ROAD: 4,500 trucks pass through Dubbo every 24hrs = one truck every 90 secs

RAIL: Lines extend into western NSW, Sydney and Newcastle. Inland Rail Project commenced.

NED BRENNAN

Owner Brennan’s Welding

PORTS: Access to three deep seas ports.

Accessible by Private Intermodal.

NATIONAL

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PROPOSED INLAND RAIL

TO BRISBANE 855kms

We’re close to all of the local mines due to good road connections and regularly run trucks from here to Mandalong (Hunter Valley) and Whitehaven (North Western NSW).

60 MIN

71 TO BROKEN HILL

“Wellington is a beautiful, picturesque town that is accessible to everywhere in the Central West and beyond.

NATIONAL

39

32

50 MIN

DUBBO

80 MIN

84

WELLINGTON 50 MIN

NATIONAL

39

86

TO ADELAIDE 1268kms

NATIONAL

1

81

60 MIN

55 MIN 81

NATIONAL

39

TO MELBOURNE 852kms

NATIONAL

31 NATIONAL

25

NATIONAL

31

CANBERRA 398kms

NEWCASTLE 383kms

SYDNEY 405kms WOLLONGONG

451kms

Road Rail

Travelling easily between Wellington and Emerald is very important to us and our business. Dubbo City Regional Airport is very handy for us. We do a lot of trips with JetGo to Emerald flying via Brisbane saving us time in the air.”

Flight

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QUICK FACTS

ABOUT OUR REGION KEY PROPULSIVE SECTORS INDUSTRY SECTORS

Value-Added – is calculated by subtracting local expenditure and

VALUE BACKWARD ADDED EMPLOYMENT EXPORTS LINKAGES

expenditure on regional imports from the output generated by an industry sector. Value-Added by industry sector is the major element in the calculation

CONSTRUCTION

of Gross Regional Product.

Employment – the number of people employed by each sector.

PUBLIC ADMINISTRATION & SAFETY

Exports – represents the value of goods and services exported outside of the Dubbo Region that have been generated by local businesses / organisations that

EDUCATION & TRAINING

bring an inflow of money into the region from the outside.

Backward Linkages – details the industry sectors which spend the most

HEALTH CARE & SOCIAL ASSISTANCE

on locally sourced intermediate goods and services per dollar of output. Welldeveloped local supply chains have a significant capacity to deliver broad

MANUFACTURING

based economic benefits for the region.

SIGNIFICANT ECONOMIC DRIVERS CONSTRUCTION*

3.6 - 9.3%

AGRICULTURE

INCREASE TO TOTAL EMPLOYMENT GROWTH

$208M REGIONAL EXPORT OF CONSTRUCTION SERVICES

4TH LARGEST EMPLOYMENT INDUSTRY

*18 months to December 2018

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INVEST IN THE DUBBO REGION

Dubbo Regional Livestock Markets:

$75.6M in total output The Dubbo Region is perfectly placed to benefit from agribusiness opportunities through operations such as the Dubbo Regional Livestock Markets that provides a total contribution of $75.6M in total output. It is the largest saleyards facility in the nation in terms of combined sheep and cattle throughput with more than 1.3 million sheep and 200,000 cattle sold each year.

JOBS IN OUR REGION

HEALTHCARE

HEALTH CARE & SOCIAL ASSISTANCE

3,777 jobs

RETAIL TRADE

2,598 jobs

EDUCATION & TRAINING

2,207 jobs

CONSTRUCTION

2,135 jobs

PUBLIC ADMINISTRATION & SAFETY

1,892 jobs

The Dubbo Region’s healthcare network services an area one third the size of New South Wales and is our top industry for employment.

3,777 jobs

MANUFACTURING

REGIONAL EXPORTS CONSTRUCTION

$208M

PUBLIC ADMINISTRATION & SAFETY

$131M

AGRICULTURE, FORESTRY & FISHING

$130M

ELECTRICITY, GAS, WATER & WASTE SERVICES

$106M

$516M Manufacturing is a robust industry leader within the Dubbo Region exporting $516 million to consumers, businesses and government’s based outside of the region’s boundaries. Fletcher International Exports is one of Australia’s most integrated processors and exporters of lamb and sheep meat products. It’s highly efficient, world-class processing facility in Dubbo is connected to Port Botany in Sydney via their private Intermodal freight and logistics facility.

VISITOR ECONOMY – KEY DEVELOPMENTS Taronga Western Plains Zoo flagship project – Lion Pride Lands, is a $9 million investment providing visitors a real insight into the Lion’s natural habitat. Guests can partake in a thrilling safari experience from the safety of a purpose-built vehicle. An additional $40 million is slated to be spent within the Zoo upgrading bike hire facilities, food and beverage outlets and accommodation offerings.

The announcement of three apartment developments within Dubbo’s CBD, two of which are tourism based, has created a renewed interest in accommodation offerings within the City. Maas Group Family Properties have proposed a mixed

use development comprising of 200 serviced apartments, 90 residential apartments, retail and office space.

While a $34.987 million river frontage development comprising of tourism, business and conference facilities is also proposed.

Stage 1 of the Wellington Caves Holiday Park Masterplan has been completed with $740,000 in upgrades to accommodation and facilities funded by the NSW Government’s Restart NSW Cobbora Transition Fund. Further investment in this spectacular tourism offering is planned with $3.8 million proposed for a visitor experience centre of the Wellington Caves Holiday Park.

Over $209M* annually IN VISITOR SPEND

Over 1,300 local jobs IN TOURISM

863,000*

ESTIMATED ANNUAL VISITATION

$120M

VALUE ADDED *Destination NSW September 2014

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OUR SECRET WEAPON The lifestyle afforded to you in the Dubbo Region is our secret weapon to success.

Employees are rewarded with great career opportunities, affordable homes with room to grow a family and services most only afford to have in Metropolitan cities. Our innovative and expansive business sector call this their secret weapon!

A real work life balance is available within the Dubbo Region and an additional 9,500 people are expected to make the Region their home by 2036 to enjoy fabulous weather, affordable housing and general ‘liveability’ that is attractive to families, professionals and business moguls.

TOM CAVANAGH

Director at EMS Group Pty Ltd, Founder Channel 40.

“EMS does a lot of business in Sydney, we have an office in Sydney.

To get from one part of Sydney to the other is just absolute chaos.

In Dubbo I can be at work, the kid’s school or at home all within 10 minutes. It’s a competitive advantage. We’re on 20 acres of land in Dubbo and the equivalent cost of land would probably buy you half an acre or less in Sydney. So what we’ve done and what we’ve built with a huge shed and all of these facilities is because it’s affordable.

The fact that we have trucks driving through Dubbo all of the time means freight is easy. Housings affordable and it’s a great place to live. For us, it’s our secret weapon.”

Dubbo City offers you all of the amenities of a major city such as high-quality health, educational and professional services all with only a 10 minute commute. Indulge in our food and wine delights, immerse yourself

INVEST IN THE DUBBO REGION

If you are seeking tranquil country living, Wellington, located 52km east of Dubbo, affords the benefits of Dubbo’s services and facilities, while upholding a relaxed rural lifestyle.

EVOCITIES As one of NSW’s leading regional cities, we have partnered with Armidale, Bathurst, Orange, Tamworth and Wagga Wagga to form Evocities. The marketing campaign aims to change the perception of life in a regional city and encourage people to live, work and invest in an Evocity. Businesses can leverage from this campaign through Evojobs, the official employment website of Evocities targeting Sydney, Melbourne, Brisbane and Canberra.

POPULATION: 51,429 PEOPLE

SERVICE POPULATION: 122,897

RETAIL CATCHMENT POPULATION: 200,000

EDUCATION: 27 SCHOOLS

DUBBO: MEDIAN HOUSE $361,500* DUBBO: MEDIAN RENTAL $330* WELLINGTON: MEDIAN HOUSE $205,000* WELLINGTON: MEDIAN RENTAL $250* AVERAGE SUMMER TEMP: 17°C TO 31°C AVERAGE WINTER TEMP: 3°C TO 16°C *Core Logic April 2017

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in our thriving arts and culture scene or dive into our passionate sporting community.

A SKILLED AND MOTIVATED WORKFORCE ON YOUR DOORSTEP Our strong, growing economy is supported by a skilled and educated workforce, their loyalty has allowed business to flourish and produced remarkable prosperity within the Region.

Our diverse workforce is represented by a strong cross-section of occupations. Our accessible and high quality education network extends from tertiary institutions through to private and public organisations offering training, apprenticeships and pathway programs to employment.

Employers and employees have an

opportunity to learn and upskill from two university campuses, two TAFE colleges, one independent college and one University of the Third Age. Qualified and skilled labour is readily available within the Dubbo Region with 62.6% of employees already taking this opportunity and holding a tertiary qualification.

OCCUPATIONS IN THE DUBBO REGION Labourers 2,461

Not stated 123

EMPLOYMENT

Managers 2,955

Machinery operators and drivers 1,246 Sales workers 2,495 Clerical and administrative workers 3,116 Community and personal service workers 3,020

Professionals 4,255

Technicians and trade workers 3,286

LEVEL OF EDUCATION IN THE DUBBO REGION’S WORKFORCE Post Graduate Degree 660

Certificate 7,389

22,975 Jobs

Graduate Diploma & Graduate Certificate 465 Bachelor Degree 3,623

Advanced Diploma & Diploma 2,235

UNEMPLOYMENT

2.5%

Across the LGA NSW 4.8%

(2017 ABS Labour Force Survey and Small Area Labour Markets)

Australia currently at 5.5%.

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NEW & EMERGING INDUSTRY

RAIL

MINING

Regional rail projects currently proposed present a once-in-ageneration infrastructure based opportunity, including Inland Rail and the Regional Rail Maintenance Facility.

Australia’s largest and most advanced new rare earths and high-performance metals mine, the $1.3billion Dubbo Project, has been approved within the Dubbo Region.

The Dubbo Region is perfectly positioned to take advantage of the complimentary supply chain investments that will result from this $10.9 billion Inland Rail project, which is expected to boost Australia’s GDP by $16 billion over the next 50 years.

Coupled with Dubbo being earmarked as the preferred location for the new rail maintenance facility for NSW Trainlink, the region’s connectivity will be unrivalled.

Traditionally, Dubbo has been a nonmining town that has successfully provided services to significant underground operations in the surrounding Orana Region. As an established industry within the Orana Region, mining contributes $24.509 million in output to the Orana Region’s GRP.

The projects have a number of complimentary elements which will allow for a focus on local jobs and skills providing sustainable economic growth and job creation for the Region.

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INVEST IN THE DUBBO REGION

RENEWABLE ENERGY The Dubbo Region is uniquely positioned to support the development of renewable energy and diversify New South Wales’ energy portfolio.

The combination of our client and infrastructure assets has seen significant investment in solar,

biofuels, wind and waste management throughout our Region. In fact, Dubbo Regional Council is at the forefront with The Regional Organics Processing Plant, supported by $3.26 million in State Government funding currently under construction. It will contribute $7 million to the economy during construction, employ eight full-time and six part-time people and generate $30-40 million to the economy over the next 10 years.

ELECTRIC, CONNECTED AND AUTONOMOUS VEHICLES (CAVS) CAVs are the future of transport as Internal Combustion Engine vehicles are phased out over the next twenty years.

Dubbo Regional Council is supportive of Transport NSW CAV trials and are looking to businesses to establish vehicle charging stations to connect Dubbo in a network of charging stations across the country.

PAVE YOUR OWN PATH Our Region is home to budding entrepreneurs, inspiring founders and illustrious business people.

As a city we nurture collaboration, connectivity, efficiency, openness and people. Dubbo is a productive, accessible, liveable City that actively attracts talent, encourages innovation and creates jobs and growth through digital connectivity and smart infrastructure. Explore new ways of thinking in the Dubbo Region and achieve better

performance and efficiencies within your business. Take a leaf from the founder of Dreamtime Tuka, Herb Smith. Dreamtime Tuka us driving innovation and collaborating with our largest baked goods manufacturer, Earlyrise Bakery, to be the first 100% Indigenous Owned business to supply Qantas with food or beverage.

COUNCIL’S ECONOMIC DEVELOPMENT AND MARKETING TEAM Dubbo Regional Council takes a holistic approach to economic development growth and expansion. This involves supporting the attraction of new investment via business, events, visitors and new residents; comprehensive planning and building services; and also the development of existing businesses, expansion of industries workforce, events and destination experiences, including tourism.

Destination Partnership Program The 18-month Program targets the visitor, events and new resident markets through collaboration with industry throughout the LGA to create holistic marketing campaigns.

Great Business Program A dynamic local business development program designed specifically for businesses

within the Dubbo Region. It is an opportunity to develop your business and engage your team. It inspires innovation and expansion.

It is collaboration at its best.

Ignite A program specially designed to support commercialisation and social activation across the Dubbo and Wellington CBD’s. It generates economic growth for business through the myDubbo Shopping Card, Jingle on the Bell and Smile its Christmas programs.

Regional Platters A collaboration between Dubbo Regional Council and five neighbouring LGA’s to promote regional primary produce excellence. A comprehensive business development program combined with strategic marketing platform for business.

HERB SMITH

Founder/Managing Director Dreamtime Tuka.

“Dreamtime Tuka is proving that the resources and facilities within the Dubbo Region can supply big business. I do not have to live in a metropolitan area to successfully supply multinational companies like QANTAS. Wellington LGA is a part of Dubbo Regional Council, a small community, I live there, I started my business there and I’m being successful there. I’m proud of that fact and believe I am setting an example and encouraging multinationals to continue to look for business opportunities within our Region.”

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EUMUNGERIE

REGIONAL INFRASTRUCTURE SNAPSHOT MOGRIGUY

ELONG ELONG

PROPOSED $203M

APPROVED $1.3B BALLIMORE

DUBBO COMPLETE $22.9M UNDERWAY $198.6M

WONGARBON

GEURIE

BODANGORA

UNDERWAY $236M

$18 Million NSW Rural Fire Service

PROPOSED $13M

$35 Million

1 Church Street – Accommodation, Business & Conference Facility Regional Rail Maintenance Facility

$115 Million MAAS Group Commercial and Accommodation Project YEOVAL

WELLINGTON COMPLETE $188.1M

DRIPSTONE

NEUREA MUMBIL

$1.3 Billion

Dubbo Project (Alkane) STUART TOWN

$150 Million

Dubbo Hospital – Stage 3 & 4

$236 Million

Bodangora Wind Farm - Infigen

EUCHAREENA

$9 Million Taronga Western Plains Zoo – Lion Pride Lands

$188.1 Million

KERRS CREEK

Macquarie Rapid Build Prison

CONTACT Dubbo Regional Council’s Economic Development Services Team w dubbo.com.au p (02) 6801 4000 e council@dubbo.nsw.gov.au Disclaimer: This investment guide is intended to be an aid to the public. It presents information about the Dubbo Local Government Area (LGA), sourced from various entities. Dubbo Regional Council is not responsible for the accuracy of the information presented in this package, and is not liable where information is incorrect or out of date. Information and statistics in the Dubbo Region Investment Guide were predominantly obtained from the Dubbo Local Government Area (LGA) Economic and Demographic Profiling software Remplan – unless stated otherwise © Dubbo Regional Council 2018, PO Box 81, Church Street, Dubbo, New South Wales, Australia, 2830 Ph: (02) 6801 4000 E: council@dubbo.nsw.gov.au Produced May 2018 – details correct at time of printing.