The Greater Geelong community values
- Business diversity, education and employment opportunities;
- People who are willing to create new business opportunities;
- Working hard, diligence and personal motivation;
- Training, research and education institutions that support economic participation and catering for all skill levels.
Success will be achieved by
- Urban and residential infrastructure to support economic growth, employment and lifestyle;
- An open-minded approach and a willingness to take risks;
- Partnerships between educators and industry to ensure business skills needs are addressed, and people can adapt and learn;
- A highly skilled and diverse workforce, which will be a competitive advantage for local business;
- Well-connected and diverse businesses that grow the local economy;
- Spaces for start-ups to interact and network.
Measures of success
Progress towards the target
Progress away from the target
No change
Baseline data only
What we’re aiming for by 2047 | Current trend towards success | Current data |
|---|---|---|
Gross regional product (GRP) - An increase in the amount of wealth generated by businesses, organisations and individuals working in the municipality. Source: National Institute of Economic and Industry Research (NIEIR) ©2023. | $20.514 billion (June 2024) $20.147 billion (June 2023) $19.479 billion (June 2022) $17.522 billion (June 2021) GRP has increased +1.83% billion from June 2023. | |
Employment - Greater Geelong’s workforce participation rate is higher than the Victorian average. Source: Census of Population and Housing, Australian Bureau of Statistics. | Currently 1.7% below the Victorian average (2021) - previously 2.6% below (2016). 60.7% Geelong (2021) The next census will be conducted in 2026. |
