North west economic summit

NORTH WEST ECONOMIC SUMMIT

PORT HEDLAND THE NEXT TIDE Driving regional growth and prosperity - Friday, 21 August 2015

North West Economic Summit Designed and delivered by Town of Port Hedland.

“The fuel source for growth in an advanced economy is no longer land, minerals or water. The fuel source of a modern economy is ideas. That’s because ideas are how industry achieves more output for the same or fewer inputs.”

Dr Stefan Hajkowicz, CSIRO

Image courtesy of Simon Phelps.

A NOTE FROM THE TOWN OF PORT HEDLAND

BE THE GRAVITY THAT SHIFTS THE TIDES

On a per capita basis Port Hedland is

To achieve diversification we need to

one of the most valuable economies in

embrace and build on our established

Australia – so valuable that if exports are

enterprise, harness the local skills and

interrupted by a storm or cyclone, the

experience that have brought us this far

national GDP is negatively impacted. It

and examine collaborative enterprise that

produces 25 per cent of world iron ore

works alongside our important industry

exports and represents 12 per cent of

leaders of today.

total exports in Australia.

Looking to the future, diversification The Town of Port Hedland contributes

is likely to be seen in core industries

significantly to the state and national

that monopolise the region’s rich raw

economies and delivers high quality

materials, extensive lands and coastline.

facilities and services to our community.

Tourism, agriculture, aquaculture, energy

Rapid growth has brought many positive

and downstream processing all hold rich

changes to our region and set us on the

promise for the future development of

path to becoming a vibrant and attractive

the region.

regional centre.

We invite you to share the journey with us We have already achieved great things,

as we embark on the next tide of change.

but our vision is for a nationally significant, diversified economy able to sustain the region into the future.

Mayor Kelly Howlett

SUNDOWNER SPINIFEX HILL STUDIO JOIN DELEGATES AND KEYNOTE SPEAKERS FOR AN INFORMAL NETWORKING FUNCTION AT PORT HEDLAND’S OWN PURPOSE-BUILT INDIGENOUS ART FACILITY, SPINIFEX HILL STUDIO.

INFORMATION

Summit information Presented by the Town of Port Hedland Friday, 21 August 2015 8am – 4.30pm Wanangkura Stadium Hamilton Road, South Hedland David Westbury Manager Economic Development Town of Port Hedland 08 9158 9309 mgreld@porthedland.wa.gov.au Anna Duffield Manager Corporate Information Town of Port Hedland 08 9158 9339 mgrci@porthedland.wa.gov.au

REGISTRATION ESSENTIAL AS PLACES ARE LIMITED.

North West Economic Summit The North West Economic Summit will explore the next wave of economic activity expected to drive regional growth and prosperity for future generations.

Sessions Session 1 - Diversity Examine the emerging industries tipped to achieve impressive growth in the coming years – tourism, renewable energy, food and agriculture.

Session 2 – Enabling Investigate how our foundation industries are changing the way they do business and contributing to the creation of a strong regional economy.

Session 3 – Value adding Delve into how investment across key activities, infrastructure, facilities and services will open the door on a bright future for generations to come.

“NO LONGER WILL NORTHERN AUSTRALIA BE SEEN AS THE LAST FRONTIER: IT IS IN FACT, THE NEXT FRONTIER” The Northern Australia White Paper

A REGION IN FOCUS Excerpt from The Northern Australia White Paper No longer will Northern Australia be seen as the last frontier: it is in fact, the next frontier.

Australia is unique among the developed countries of the world in that we sit at the intersection of the two great regions of global economic and population growth – the Asian region and the Tropical region. The Tropical region encompasses everything between the Tropic of Cancer and the Tropic of Capricorn and includes 40 per cent of the world’s population.

The rise of these regions, underpinned by a set of global macro-trends, will create significant opportunities for Northern Australia to capitalise on its strengths and unlock major economic value. This growth will ultimately create new jobs, greater income and better prospects for all Australians.

The paper proposes that by 2030 Northern Australia could drive growth by: •

developing a food bowl, including premium produce, which could help to double Australia’s agricultural output;

•

growing the tourist economy in the North to two million international tourists annually;

•

building an energy export industry worth $150 billion to the economy, with a major focus on clean and efficient energy, providing major increases to resource exports.

Buy-in by investors will be essential. In this regard, the main task for government should be, largely, to create the right climate and environment to encourage the establishment of viable enterprises, not to direct or be the principal financier of development. In doing so, it must follow strict requirements and key performance indicators to deliver strong outcomes.

NORTH WEST ECONOMIC SUMMIT

8.00

Registration

8.15

Welcome to Country

9.00-10.00

Keynote

PROGRAM SCHEDULE

DR STEFAN HAJKOWICZ Principal scientist in strategy and foresight, CSIRO

Dr Stefan Hajkowicz is lead author of the CSIRO (megatrends) report “Our Future World”. This identifies six drivers of international and domestic change impacting Australia over the coming decades.

10.00-10.40

Speaker

DAVID de GARIS Director and Senior Economist, NAB

David de Garis writes for the NAB’s daily and weekly economics and market reports and speaks with the media about the economy and financial markets.

10.40-11.00

AM Break

ABOUT THE SPEAKERS

DR STEFAN HAJKOWICZ Stefan is a principal scientist in strategy and foresight at CSIRO. His academic background is in the fields of geography, economics and decision theory. His research aims to help organisations explore plausible futures and choose wise strategic directions. Stefan’s book “global megatrends” is scheduled for publication this year and describes techniques of foresight in addition to seven major trajectories of global change.

His material features on TedX and he routinely delivers keynote talks on global change, future trends and scenarios at major conferences.

DAVID de GARIS David is a Director and Senior Economist with the NAB. His bread and butter work is as a business, treasury or financial markets economist, speaking with clients ranging from the Bank’s agribusiness and corporate clients as well as to institutional clients at home and abroad.

David undertook his economics apprenticeship with federal governments of various persuasions in Canberra, before he left Canberra in the late 1980s. He finished his indenture in Canberra as a senior economic adviser in the then Prime Minister Bob Hawke’s Department in Canberra, and before that in the Federal Treasury and the Bureau of Statistics.

DIVERSITY

Session 1

PROGRAM SCHEDULE DIVERSITY

Explore the emerging industries tipped to achieve impressive growth in the coming years – tourism, renewable energy, food, agriculture and more.

11.00-11.30

Keynote speaker

SIMON CURRANT AM Chairman of the Tourism Council of Tasmania

Simon Currant AM has been the leading tourism developer in Tasmania over the past two decades.

11.30-12.00

Speaker

LE VIET DUYEN Consul General (Perth), Vietnam

Discussing the potential synergy with this emerging economy, including tourism, agriculture, education and culture.

12.00-1.00

Lunch

ABOUT THE SPEAKERS

SIMON CURRANT Simon Currant AM has been the leading tourism developer in Tasmania over the past two decades. Starting with the Cradle Mountain development in the 1980s, Simon went on to transform Strahan Village into a world-class experience tourism destination. Following this Simon developed Peppermint Bay and is currently working on the realisation of Pumphouse Point. This string of successful developments all emerged from innovative thinking and an ability to see the potential in each place well before more established developers.

Simon was awarded a Centenary Medal in 2001 and was named Tasmanian of the Year in 2004 after the completion of the successful Peppermint Bay development. In 2006, Simon was admitted as a member of the Order of Australia.

Simon currently serves as Chairman of the Tourism Council of Tasmania and a Director of TT-Line Pty Ltd.

LE VIET DUYEN Vietnamese Consul General Le Viet Duyen and Western Australia Minister for Regional Development and Lands Terry Redman recently signed an agreement to establish a symbiotic relationship between tourist caves in the Phong Nha-Ke Bang National Park and the Margaret River Region.

Le Viet Duyen plays a leading role in the development of multinational agreements between Australia and Vietnam, including the emerging economic importance in this region which could result in significant outcomes for tourism, agriculture, education and cultural links.

ENABLING

Session 2

PROGRAM SCHEDULE ENABLING

Explore how investment across key activities, infrastructure, facilities and services will open the door on a bright future for generations to come.

1.00-1.30

Speaker

JOHN STANLEY Author of Ghost Town, Clone Town, Home Town

Recent years have seen a huge change in community development around the world. Consumers today are looking for weekday convenience and a weekend experience and it is up to the business community to establish an experience for the consumer.

1.30-2.00 Speaker

KIM COLLARD on behalf of Kooya Consultancy

Kim’s knowledge and experience in designing and implementing programs - along with his good reputation with Aboriginal people and communities - produce real outcomes.

2.00-2.30

Break

ABOUT THE SPEAKERS JOHN STANLEY Recent years have seen a huge change in community development around the world. Those changes are going to continue at a rapid pace. Consumers today are looking for weekday convenience and a weekend experience and it is up to the business community to establish an experience for the consumer.

If they fail, the community will look to other sources and that may be outside the existing community. In John’s travels he is seeing three community models: •

Ghost towns: These are towns that have not kept up with the changing consumer and as a result local consumers and tourists have deserted them, leaving a ghost town.

•

Clone towns: These are towns that look the same around the world. The character of the town has been lost and although the consumer shops there it is not a place of choice.

•

Home Towns: These are communities that engage with the local consumer and with tourists and are developing and evolving communities.

The future is in the Home town, the challenge is developing a Home Town.

As a keynote presentation John paints the picture for the delegates, as a workshop John works with the group to develop plans and a strategy for the communities involved. The e-book is a follow up for the presentation and the workshop.

KIM COLLARD Kooya Consultancy is an Aboriginal owned consultancy firm that offers comprehensive and professional Aboriginal education, training and consultancy services to the business and industry sector, community, private, government and non-government sectors.

Kooya Consultancy seeks opportunities to work creatively and innovatively in cultural and business environments that can produce genuine and meaningful intercultural dialogue.

They possess the necessary skills and knowledge to work with these creative and innovative opportunities to achieve a site of connection, celebration and affirmation. Kooya Consultancy have the capability to build cross-sector commitments for an improved Aboriginal share of the national economic resources, social justice and cultural development opportunities available to all.

Kooya Consultancy’s corporate philosophy is grounded in facilitating crosscultural developmental processes that lead to transformative, equitable, social, economic, cultural and sustainable practices.

VALUE ADDING

Session 3

PROGRAM SCHEDULE VALUE ADDING

Digging deeper to unearth new opportunities for business growth and transformation to add value and depth to the regional economy.

2.30-3.00

Keynote speaker

TOM POTTER Founder, Eagle Boys Pizza

Tom Potter is best known as the founder of pizza chain Eagle Boys but he has a wealth of other franchising experience under his belt.

Potter has served on the board of several retail companies.

3.00-3.30

Keynote speaker

MICHAEL CAMPBELL Senior Consultant to the Economics, Planning & Development, AEC Group

Throughout his career, Michael has worked on hundreds of corporate expansion projects across numerous industry sectors in the US and Australia.

3.30-4.00

DISCUSSION

ABOUT THE SPEAKERS

TOM POTTER Tom Potter founded Eagle Boys Pizza in 1987 in Albury.

He left school at 15 and didn’t come from a wealthy background, yet within 20 years, he’d opened over 200 franchises in Australia, New Zealand & Fiji. He sold the company in 2007, and has since written a book on his experiences.

Tom is one of Australia’s most outstanding retailers, entrepreneurs and inspirational leaders and his straighforward, no nonsense approach endears audiences to be inspired to change and cut through the clutter to achieve higher results at all levels.

MICHAEL CAMPBELL Michael is experienced in the development and implementation of economic development strategies, investment attraction programs, and community marketing campaigns, as well as engagement with hundreds of businesses about their expansion/relocation plans.

Michael’s experience crosses over a wide variety of projects including advanced manufacturing, distribution, R&D, headquarter relocation, and back office functions. As an economic development practitioner, Michael has successfully located over 50 companies representing a capital expenditure of $300 million and the creation of over 3,000 new jobs.

Michael’s key focus at AEC Group is on economic industry development and consulting, business development and property analysis.

“Buy-in by investors will be essential. In this regard, the main task for government should be, largely, to create the right climate and environment to encourage the establishment of viable enterprises, not to direct or be the principal financier of development.

In doing so, it must follow strict requirements and key performance indicators to deliver strong outcomes.�

The Northern Australia White Paper

Image courtesy of Bewley Shaylor.

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Signature Name: Date:

DAVID WESTBURY

ANNA DUFFIELD

Manager Economic Development

Manager Corporate Information

Town of Port Hedland

Town of Port Hedland

08 9158 9309

08 9158 9339

mgreld@porthedland.wa.gov.au

mgrci@porthedland.wa.gov.au

Image courtesy of Simon Phelps.

www.northwesteconomicsummit.com.au

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