Liverpool Plains Shire Local Government Area NORTHERN INLAND NSW

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1 Liverpool Plains Shire Local Government Area NORTHERN INLAND NSW

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3 Liverpool Plains Shire Local Government Area At a Glance Centrally located in the north-west of NSW, our diverse and abundantly resourceful Shire is surrounded by picturesque mountain ranges and expands across the vast and bountiful Liverpool Plains. The population centres of Quirindi and Werris Creek are located at the heart of our Shire and are supported by a number of smaller villages and hamlets including Blackville, Caroona, Currabubula, Pine Ridge, Premer, Spring Ridge, Wallabadah and Willow Tree. These vibrant communities, rich in agricultural and indigenous heritage, form part of an emerging cultural hub. Our strong and prosperous communities are supported by excellent medical and educational facilities, making the Liverpool Plains region the perfect place to work, play and live. Land area (sq. km) 5,082 Population 7,285 Major industries of employment Gross Regional Product ($M) 419 Education & Training Agriculture (broad acre cropping, cotton, cattle) Health care and social assistance Retail trade Manufacturing Transport, postal & warehousing Average annual wage & salary income $41,833 Average weekly rents (3 bedroom) $154 Average monthly mortage $1,364 Median house price (3 bedroom) $215,000 Average value of private sector building development $375,000 Contact information for Economic Development Donna Ausling, Director of Environmental & Economic Development Services Ph: (02) Website: Liverpool Plains Shire Local Government Area 3

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5 Investment Opportunities Current Projects Recent and potential projects in the Liverpool Plains Shire include: 1500 room Civeo Group Workforce Village at Werris Creek ($48.5m) - for mine workers at the Whitehaven coal mine; Regional Water Supply Upgrade ($27m) Quipolly Dam, Quirindi reservoir and the Willow Tree water supply pipeline; 20 room Quirindi RSL Motel ($1.5m); 152 Lot Subdivision at East St Quirindi ($5.97m) Liverpool Plains Emergency Services Precinct ($6m) Health and Wellness precinct ($5m) Kamilaroi Highway Service Centre, Quirindi ($3.2m) Liverpool Plains Shire Local Government Area 5

6 Investment Opportunities Agriculture (irrigated cropping including cotton and extensive cattle grazing) on the famous black soils plains have been the mainstay of the Liverpool Plains economy. There is considerable scope for mitigating the risks associated with a heavy dependence on agriculture by diversifying the regional economy. It is important to recognise that logistics pathways are changing in the digital era, and regional economies must take advantage of this change. The objective is to provide a more stable income base for regional economies to boost their resilience, and where possible to compete, to engage in more processing/value adding to capture a greater share of the value chain. There are several investment opportunities of significance the Liverpool Plains Shire: Agriculture accessing North Asia - food safety is becoming a critical unique selling point as Asian affluence grows. There are significant price premiums to be gained by becoming a trusted supplier. This is all about brand recognition not just branding. There may also be opportunities so produce processed stock feeds for the Asian market as they seek to expand their animal-based protein consumption; Developing supply relationships with North Asia - when dealing with much of Asia, successful investments must begin with a relationship, not a specific business deal. Trust must be established. Local government has an important to advocacy role to play in this space. This requires time and patience. The objective is to overcome the vagaries of international commodity price fluctuations by establishing longer-term supply relationships with customers, rather than simply selling on the spot market; Mining proximity to the Whitehaven coal mine presents opportunities for businesses which can service the mining sector. Significant expansion of coal production in the region, based on the approved Shenhua Watermark Mine would require additional investment in rail infrastructure to access Port Newcastle. In addition, opportunities exist for zeolite and hard rock quarries; Aged care There is potential for further expansion of housing for the aged by private developers, such as Seniors Living and aged care support services; 6 Liverpool Plains Shire Local Government Area

7 Rail transport there is significant scope for reducing rail-freight costs in the order of $8-10/tonne by upgrading rail to cater for longer (1.2km) trains with a 25t axle limit (as opposed to the current m trains with 23t limits). Opportunities also exist for passenger rail and rail maintenance facilities; Rail loading facilities rail optimisation is required to reduce freight costs and increase returns from agricultural production. This requires larger loading facilities which capture the economies of scale associated with longer trains; Guaranteed rail slots to Port of Newcastle will allow just-in-time delivery, thus reducing storage costs and improving producer returns; Rapid container movements would expand the scope for containerised local processing and value-adding opportunities such as blended grains. This would increase investment potential for secondary processing; Forestry proximity to the softwood plantations in the Niangala/Nundle areas and cypress pine to the west, combined with access to the New England highway generates opportunities for sawmilling and other wood processing operations in the LGA; Tourism As one of the most productive agricultural regions in Australia, there are numerous opportunities in the agri-tourism space, catering to domestic and international tourists; and Strategic Location proposed new industrial and bulky goods retailing land development along the Kamilaroi Highway at Quirindi will open up investment opportunities with good transport access. This will give freight access to the Hunter/Newcastle/Sydney area to the east, and to the west through Gunnedah and Narrabri. Liverpool Plains Shire Local Government Area 7

8 Community Profile Population Liverpool Plains LGA has a significant proportion of its population in the working-age category, which is a benefit to business investors in the region. Population by Age Bracket Lifestage (%) - Liverpool Plains 0-4 years 5-9 years years years years years Age years years years years years years years 65 years and over years (pre-school age) 6.10% 5-19 years (school age / dependants) 19.39% years (working age) 54.12% years (retirement) 11.46% 75+ years (elderly) 8.94% Males Females Education Highest Qualification (%) - Liverpool Plains 16.1 % had Certificate Level qualification 4.5 % had Bachelor Degree Level (New South Wales (State) 4.3 % were Advanced Diploma and Diploma Level qualified Certificate Level 16.10% Bachelor Degree Level 4.55% Advanced Diploma and Diploma Level 4.30% Graduate Diploma and Graduate Certificate Level 0.61% Postgraduate Degree Level 0.39% Other 74.05%

9 Business Activity Businesses by Industry Agriculture, Forestry and Fishing Mining Manufacturing Electricity, Gas, Water and Waste Services Construction Wholesale Trade Retail Trade Accommodation and Food Services Transport, Postal and Warehousing Information Media and Telecommunications Financial and Insurance Services Rental, Hiring and Real Estate Services Professional, Scientific and Technical... Administrative and Support Services Public Administration and Safety Education and Training Health Care and Social Assistance Arts and Recreation Services Other Services Currently unknown Over $2 million 4% $0 - $50,000 25% Businesses by Turnover $50,000 - $99,000 20% $100,000 - $199,999 19% $200,000 - $499,000 17% $500,000 - $1,999,999 15% Liverpool Plains Shire Local Government Area 9

10 Value-Added by sector This graph shows the value that is added by industry sectors in Liverpool Plains to intermediate inputs. The total value-added estimate for Liverpool Plains is $ million. Value-added is a reflection of the returns to capital and labour generated by each sector and hence the potential profits which can be re-invested. Industry Sector Agriculture, Forestry & Fishing Rental, Hiring & Real Estate Services Mining Transport, Postal & Warehousing Manufacturing Education & Training Wholesale Trade Health Care & Social Assistance Construction Public Administration & Safety Retail Trade Electricity, Gas, Water & Waste Services Professional, Scientific & Technical Services Financial & Insurance Services Accommodation & Food Services Other Services Administration & Support Services Arts & Recreation Services Information Media & Telecommunications Value-Added ($M) - Liverpool Plains (Apr 2016) $M Gross Regional Product Per Capita Gross Regional Product $58,000 Per Worker Gross Regional Product $170,000 The graph to the right shows the gross revenue generated by businesses and organisations in Liverpool Plains. The total output estimate for Liverpool Plains is $ million. Industry Sector Agriculture, Forestry & Fishing Mining Manufacturing Rental, Hiring & Real Estate Services Transport, Postal & Warehousing Construction Wholesale Trade Electricity, Gas, Water & Waste Services Public Administration & Safety Retail Trade Education & Training Health Care & Social Assistance Professional, Scientific & Technical Services Accommodation & Food Services Financial & Insurance Services Other Services Administrative & Support Services Arts & Recreation Services Information Media & Telecommunications Output ($M) - Liverpool Plains (Apr 2016) $M

11 Housing and Construction Building Approvals and Construction (February 2016) New houses New other residential building Total dwellings no. Value of new houses Value of new other residential building Value of alterations & additions including conversions residential building Value of total residential buildings Value of non-residental building Value of total building no. no. no. $ 000 $ 000 $ 000 $ 000 $ 000 $ , ,273 3, ,423 Property and Land (April 2016) House Prices (realestate.com.au) The median sales price for houses in Quirindi in the last year was $195,000. Compared to the same period five years ago, the median house sales price for houses decreased 2.5% which equates to a compound annual growth rate of -0.5%. Rental Yields (realestate.com.au) The rental yield for houses in Quirindi was 7.1% over the preceding 12 months. Liverpool Plains Shire Local Government Area 11

12 Employment This report shows the number of employees whose place of work is located within Liverpool Plains. The total employment estimate for Liverpool Plains is 2,575 jobs. Employment (jobs) - Liverpool Plains (Apr 2016) Industry Sector Agriculture, Forestry & Fishing Retail Trade Education & Training Transport, Postal & Warehousing Health Care & Social Assistance Manufacturing Accommodation & Food Services Mining Public Administration & Safety Construction Wholesale Trade Other Services Professional, Scientific & Technical Services Electricity, Gas, Water & Waste Services Administrative & Support Services Financial & Insurance Services Arts & Recreation Services Rental, Hiring & Real Estate Services Information Media & Telecommunications Jobs Labour Force Status Liverpool Plains (2011) Persons % Not in the labour force 2, % Employed, worked full-time 1, % Employed, worked part-time % Employed, away from work % Unemployed, looking for full-time work % Unemployed, looking for part-time work % Not stated % Not applicable 1, % Total 7, %

13 Tourism Key Measures Visitors (000 s) 33 Nights (000 s) 68 Average Length of Stay (nights) 2.1 Expenditure ($ Million) 9 Spend per visitor ($) 268 Spend per night ($) 129 Key Attractions: Museums Heritage walks Guided agri-tours Bushwalking This report shows the gross revenue generated by businesses and organisations in Liverpool Plains to service demand generated by tourists to the area. The total value of tourism related output for Liverpool Plains is estimated at $ million. Output attributable to Tourism ($M) - Liverpool Plains (Apr 2016) Industry Sector Accommodation & Food Services Retail Trade Transport, Postal & Warehousing Ownership of Dwellings Wholesale Trade Arts & Recreation Services Education & Training Rental, Hiring & Real Estate Services Agriculture, Forestry & Fishing Other Services Health Care & Social Assistance Information Media & Telecommunications Financial & Insurance Services Electricity, Gas, Water & Waste Services Professional, Scientific & Technical Services Administrative & Support Services Public Administration & Safety Manufacturing Mining Construction $M Liverpool Plains Shire Local Government Area 13

14 Climate QUIRINDI Mean maximum temperature (oc) Mean rainfall (mm) 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 0 Month Mean rainfall (mm) Mean maximum temperature (oc) Created on Wed 4 May :18 PM AEST For More Information Please contact: Donna Ausling, Director Economic Development Ph: (02) Data sourced from Australian Bureau of Statistics REMPLAN 2016 NSW Land and Property Information Service Realestate.com.au Destination NSW Bureau of Meteorology

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16 NORTHERN INLAND NSW