RDA Committees have an active and facilitative role in their communities with a clear focus on growing strong and confident regional economies that harness their competitive advantages, seize economic opportunities and attract investment.
Collaborating with other RDA Committees, all levels of government, and the private sector, RDA Committees will:
a) Facilitate regional economic development outcomes, investment, local procurement and jobs.
b) Promote greater regional awareness of and engagement with Australian Government policies, grant programs and research.
c) Improve Commonwealth regional policymaking by providing intelligence and evidence based advice to the Australian Government on regional development issues.
d) Co-ordinate the development of a strategic regional plan, or work with suitableexisting regional plans that will align with the Commonwealth’s regional priorities.
RDA Peel Strategic Plan 2021-25
While the Peel Regional Investment Blueprint to 2050 sets out the region’s aspirational vision and goals to 2050 the RDA Peel Strategic Plan 2021-25 will outline the region’s goals and strategies and include:
– Critical and priority initiatives and projects needed to achieve sustainable economic development;
– The relevant investments required;
– Alignment with the Australian Government’s Regional Priorities.
The RDA Peel Strategic Plan will be developed during the first half of 2021.
Australian Government Regional Priorities
The Government’s plan for Regional Australia is based on the six foundations of growth:
– Connectivity and Infrastructure incorporating digital connectivity, transport links, and freight and supply chain infrastructure.
– Human Capital and Skills to provide skilled and adaptable workforces, Regional Universities and training, and schooling.
– Regional Employment and Business to develop regional businesses and industry, local R&D and innovation and a strategic regional vision.
– Leadership and Collaboration by investing in regional leadership, capable local government and the Indigenous community.
– Amenity and Liveability providing services, facilities and liveability, and support for local priorities.
– Sustainable Natural Resources to build future resilience, ensure sustainable foundations and provide economic opportunities and jobs.
Establishing Priority Projects
The first stage of this process is the Peel Region Action Plan. This is designed to support the implementation of the RDA Peel Strategic Plan 2021-25 by:
– Prescribing key initiatives and projects for the region identified from various sources, including Community Strategic Plans, other stakeholder derived strategies and plans and extensive consultation;
– Aligning these projects to objectives and strategies in the RDA Peel Strategic Plan 2021-25;
– Monitoring progress in development and implementation of the individual projects.
The plan is updated bi-annually and is available at https://www.rdapeel.org.au/economic-development/
When initiatives identified in the Peel Region Action Plan develop to the stage that a business case or other financial analysis showing a beneficial return on investment has been completed they become projects.
A template to assist proponents develop their project and business case is available at https://www.rdapeel.org.au/economic-development/
Projects are assessed by the RDA Peel Committee using the Priority Project Assessment Matrix available at https://www.rdapeel.org.au/economic-development/ to determine their priority for investment.
Projects assessed as High Priority are entered into the Peel Priority Projects Plan and RDA negotiates and implements an Advocacy Plan in partnership with the proponent to encourage Government and other investment.
The Advocacy Plan is then implemented by RDA Peel in partnership with the proponent.