Setting sail toward Adelaide’s prosperity
CityPulse Adelaide reveals that our city's liveability and accessibility are its defining characteristics. Through a detailed set of insights, CityPulse helps us understand how our city lives, works and plays. It gives us an understanding of how we must think about planning for growth and the future for the benefit of residents right across the city. It combines data from a range of sources to support a detailed, evidence-based geographic analysis that can guide planning to future-proof our city.
Understanding what makes people choose to live, work or play in a particular community provides invaluable information to support decisions around reform and targeted investment to improve the liveability of our city. Armed with CityPulse data, we can challenge our thinking about how we can continue to develop Adelaide to ensure it meets our needs both now and into the future.
With the Australian Government’s naval shipbuilding commitments, South Australia has incredible growth opportunities on the horizon, particularly around Port Adelaide and the surrounding western and northern suburbs. However, to make the most of this we must ensure the right plan is in place to maximise the opportunities for a more prosperous future.
It is vital that we have a coordinated strategy, involving all levels of government, industry and the community, that considers the opportunities around future transport, supply chain infrastructure, community infrastructure and the characteristics of our city that will attract future generations to make Adelaide their home.
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PwC’s CityPulse assesses how each area performs against each of the three 'Live, Work, Play' metrics and is based on a range of data sources; examples under the category of Live include data relating to hospital accessibility, crime rates, and housing affordability. CityPulse focuses on general access and availability and does not currently take into account the demographics or preferences of local residents. Learn more about our approach.
Ensuring that South Australia is prepared for the rapid growth of our defence industry is one of the biggest challenges facing our newly elected State Government. The State Government has the opportunity to seize the moment and put in place a plan in conjunction with Federal and Local Governments and the private sector to maximise the opportunity to revitalise our city, lay the foundations for growth and maximise the once in a generation growth. Decisions about everything from education to transport, housing to start-up incentives need to be made with the defence industry front and centre.
Based on CityPulse Adelaide findings, we believe the best approach is to develop a ‘City Deal’ focused on the defence industry growth to optimise the opportunities for the future.
The incredible opportunity that the naval shipbuilding program provides for Adelaide brings with it considerable growth for the areas surrounding the Osborne shipyard. The pressure this growth will bring to bear on the infrastructure and transport networks and its connections to broader Adelaide creates an opportunity for transformative change.
With proper and considered planning, innovative infrastructure and transport solutions that meet the needs of industry, communities and individuals will have the opportunity to flourish and continue South Australia’s reputation of leading change and entrepreneurship. CityPulse Adelaide takes a look at the role of well-designed infrastructure to support people and freight movements, and enable the emergence and connectedness of social and community infrastructure.
The South Australian economy is underpinned and driven by 140,000 privately owned small to medium enterprises (SMEs) – making up about 98 per cent of all businesses in the State. While defence procures most of its major capabilities through prime contractors, the primes will need to rely on a network of more than 3000 SMEs to participate in the construction and service supply chains, which will create once-in-a-generation opportunities for the State’s business community. By 2020, this is expected to provide a $2.5 billion stimulus to our local economy.
Already, the Naval Group is engaging businesses. Not only will there be opportunities in the supply chain for the one million components required to build each submarine, but for all of the supporting service industries for those businesses and their employees. Providing the local industry can compete on capability, quality and value for money, many of the components needed could be supplied locally. The biggest challenge for SMEs will be to grow their capabilities to meet the demands of the local shipbuilding industry - how do they ensure they are ‘defence ready’?
The growth of South Australia’s defence industry presents a significant opportunity for our existing and future workforce with an extra 8000 direct jobs predicted as a result of the Federal Government’s investment. It will create better pathways for careers in engineering, naval economics, cyber security, technology, mathematics and physics as well as specialist trades such as electricians and welders. There is no doubt that the demand for highly skilled workers will exist but we need to ensure we can meet the supply from the local workforce and new skilled workers who we can retain in the State.
CityPulse Adelaide explores how we deliver this growth in jobs and workforce capability through a deliberate and strategic commitment to skill and talent development.
Adelaide Managing Partner, PwC Australia
Tel: +61 8 8218 7134