Media Release – Extra tools help business decision makers

Ensuring Wide Bay Burnett businesses and community organisations prepare evidence-based applications when seeking government grants is the motivation behind a new suite of FREE economic information and modelling tools available from the Regional Development Australia Wide Bay Burnett (RDA WBB) website.

RDA WBB has invested in the online demographic and economic information tools to help businesses and industry make more informed, evidence-based decisions when presenting economic arguments for funding.

The ID tools, featuring statistical, historical and economic data and trends across the five Wide Bay Burnett regional council areas, will better assist the region in attracting government funding for the provision of community services and infrastructure, and provide a clearer understand the challenges and opportunities across the Wide Bay Burnett.

Economy .id online tool brings together economic data from several sources (ABS Census, National Accounts, Business Register and economic modelling from the National Institute for Economic and Industry Research) to reveal the economic role and function of sub-State economies.

Profile .id – is a comprehensive socio-demographic profile for the community at the Local Government level and for smaller communities within it.

RDA WBB chair Bill Trevor said these tools would provide an evidence base to promote economic development, to prepare for the provision of community services and infrastructure and to better understand the challenges and opportunities in the region.

“Regional Development Australia committees are dedicated to ensuring the region they represent achieves strong funding across all levels of government and ensuring grant applications are backed by evidence is crucial to that success,” Cr Trevor said.

“By offering these economic modelling tools free of charge from our website we are investing in that assistance and ensuring access for every business and organisation.

“We understand that regional marketing, investment attraction, and the development of tourism and events all require access to the latest information, presented in a way that recognises and promotes the region’s competitive strengths and areas for potential growth.”

The two economic and demographic tools available are:

  • profile.id® provides a detailed demographic profile for the region, and its local government areas,
    suburbs and localities.
  • It features Census data from 1991, 1996, 2001, 2006, 2011 and 2016 to show trends over time, with comparisons to selected benchmark areas.

It can answer questions such as:

  • What are the characteristics of your community and its residents?
  • How are they changing?
  • How do they compare to other areas?

economy.id® brings together economic data from several sources (Australian Bureau of Statistics’ Census, National Accounts, Business Register and economic modelling from the National Institute for Economic and Industry Research (NIEIR)) to reveal the economic role and function of regional and LGA-based
economies.

To utilise this tool please click here

For more information or comment please contact Regional Development Australia Wide Bay Burnett Executive Officer Scott Rowe on 0429 881 697.

ENDS