Alternative Employment Projection Scenario for Greater Melbourne

Local government

Client

Metropolitan Planning Authority (VIC)

Challenge

Does Greater Melbourne need an alternative employment projection scenario?

Highlights

Strategic planners can explore how actions by government can influence future growth, reduce risk and open up possibilities

Results

.id developed a matrix to highlight the outcome and risks of different scenarios

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The vision for Melbourne is to be a global city of opportunity and choice.  It is important to maintain Melbourne’s competitiveness by creating a city structure that creates more jobs,  drives productivity and supports investment.

Business challenge

Does Greater Melbourne need an alternative employment projection scenario? What are the risks of only one employment projection scenario for Melbourne? What are the ‘known unknowns’? How can we proactively reduce risk by looking at alternatives? How can we use policy intent to create an alternative employment projection scenario?

The .id solution

.id’s alternative employment projection scenario analysed the implications of existing employment projections for Greater Melbourne,  including inequality and productivity. We then assessed the potential risks of diminishing returns to agglomeration to Melbourne’s Central Region by presenting information about:

  • congestion
  • a more competitive Sydney economy
  • competition from residential development
  • land supply constraints.

To highlight the possibilities of an alternative future, .id presented a case study analysis of successful suburban employment precincts.

Outcomes – data driven success

id’s alternative employment projection scenario sets out an approach for strategic planners to test their employment projections for economic uncertainty.

.id also provided a matrix to highlight the outcome and risks of different scenarios so that strategic planners can explore how actions by government can influence future growth, reduce risk and open up possibilities.

Strategic planners can then respond to different economic conditions with a transport plan and an economic development strategy that has been rigorously tested.

Learn more about .id’s economic analysis & strategy services

Learn more about .id’s economic modelling services

 

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