FAQ
- The Town’s local economy and any new relevant mega and micro trends that are or could affect prosperity.
- Any new regulatory improvements that should be an area of focus for the Town.
- Internal consultation.
- Changes to the direction of the organisation via the Strategic Community Plan or Corporate Business Plan.
- Complete a hard copy submission form available at the library and administration building.
- Contact the Place Planning team on 08 9311 8111
- Email admin@vicpark.wa.gov.au
What is economic development?
At the local government level economic development is a deliberate process aimed at creating jobs and building local wealth in ways that directly enhance community wellbeing.
Economic development initiatives are wide ranging and vary in scale. They can include direct support and training for local business, through to the major physical improvements needed in places to make them more attractive places for commercial exchange.
What is an Economic Development Strategy?
Our Economic Development Strategy sets out an economic development game plan for the Town of Victoria Park. There is a range of outcomes and functions local governments can leverage to nurture economic development. Local governments are unlikely to pursue all functions, but prioritise actions that align with their unique context, capabilities and strategic objectives. The Town has developed the Economic Development Strategy to guide its targeted approach.
How was the draft Economic Development Strategy developed?
The Strategy was developed through a process of analysis, refinement, and alignment with internal and external priorities and broader strategic directions. The process drew on stakeholder engagement undertaken for the Town’s Strategic Community Plan (SCP), incorporating perspectives from residents and local businesses. As part of the Strategy development process, the Town engaged its Business Advisory Group and Elected Members, as well as the community through a Business Perception Survey.
How will the Strategy be implemented?
Delivering the outcomes of the Strategy requires a structured approach to ensure the Town’s economic vision and priorities are achieved. This will be supported by an Economic Development Program (EDP), an Implementation Action Plan, and ongoing monitoring and review.
Economic Development Program
The EDP is a suite of sub-programs that consist of projects that deliver the actions of this strategy. The sub-programs are formed through ongoing analysis, stakeholder engagement and alignment with the Town’s existing strategies. The development of the EDP is an ongoing process that is reviewed annually during the budget process to ensure the Town can prioritise or adapt to changing circumstances and economic conditions.
Implementation Action Plan
The Implementation Action Plan will be developed to define specific projects and initiatives and deliver against the focus areas and actions identified in the Strategy. The Implementation Action Plan will be reviewed annually to align with the Town’s budget, resourcing and community priorities.
How often will the Strategy be reviewed?
The next review and update of the Economic Development Strategy will commence in 2028-29 to launch in 2030.
The Implementation Action Plan for the Economic Development Strategy will be subject to an annual review, including:
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