HASTINGS

Proposed

Bay West

Southern Melbourne RDA comprises 10 municipalities

It covers an area of 2,886 square kilometres

Houses 1.4 million people

Established, densely populated inner urban areas

Commercial and industrialised precincts

A port and a proposed airport

An expanding population growth corridor in the south east

Agricultural and rural areas in the outer south east

$63 Billion GRP

19% Victoria’s GSP

Provides 1/3 of Melbourne’s employment

21% of Victoria’s workforce

Manufacturing employs 100,000 EFT

But - declining local employment opportunities

Growth in container trade

Port of Melbourne Capacity

Ultimate capacity of ~ 4-5 million TEU p.a.

Container capacity reached ~ 2020-2025

Alternative port needs to be operational within 7 to 12 years.

Size of Container Ships

Europe to Asia ships carrying 13,000 to 18,000 TEUs

Ships coming to Melbourne will increase to 8,000/12,000 TEUs

Deeper channels and longer berths will be required

How will the economy grow in terms of dollars if Hastings is developed?

How will the economy grow in terms of jobs if Hastings is developed?

What will be the impact if a second port is not ready when Melbourne reaches capacity?

2 components to port development’s beneficial effects

One time benefit from capital expenditure and construction

Ongoing benefit to the economy, employment and supply chain

$60m GRP pa

over 30 yrs

400 jobs pa

over 30 yrs

GRP $1b/yr mid 2030’s

GRP $3b/yr mid 2050’s

5,700 jobs by mid 2030’s

15,000 jobs by mid 2050’s

Construction Operation

Dredging, engineering & construction

Equipment suppliers

Marine shipyards

Environmental and heritage assessments

Flow-in effects to local businesses, wages and spending in the community

Port and stevedores

Ship port servicing

Landside logistics services

Flow on effects to local businesses

Employment and spending of wages

Logistics & transport

Manufacturers of goods

Growth in existing industries

Relocation of export packing

Loss: $2.2 billion in Gross State Product

Loss: 4,800 jobs

Communicate

Maintain Support

Convince

Increase Profile

REPORT: www.rdv.vic.gov.au/regional-development-australia/committees/southern-melbourne/projects

anita.buczkowsky@ecodev.vic.gov.au