Resources: The Dirt on Future Oppertunities

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Presentation by Darren Starr to the Invest SA Conference 2012 in Roxby Downs

Transcript of Resources: The Dirt on Future Oppertunities

InvestSA Roxby Downs

27 February 2012

RESOURCES: THE DIRT ON FUTURE OPPORTUNITIES

PRESENTED BY DARREN STARR

NATIONAL TOWN PLANNING LEADER

FYFE EARTH PARTNERS

TOPICS TO BE COVERED

1. What might the mining boom mean for SA?

2. What will the expansion mean for Regional SA?

3. What industries, regions and investments represent opportunities for SA

business?

4. How can the property industry benefit from the impact of expansion?

5. What can Government do to encourage resource sector workers to live in

Adelaide or regional centres?

WHAT MIGHT THE MINING

BOOM MEAN FOR SA?

Some Key Statistics

• 19 major mines in SA

Operating or under construction —

including Olympic Dam, Challenger, Beverley, Leigh Creek, Honeymoon

and Prominent Hill (January 2012)

• 26 advanced projects

In feasibility, assessment or approval stages (January 2012)

• 113 potential mines

Where exploration or investigations are occurring (January 2012)

• In comparison, WA has approximately 270 operational mines

Mining Boom will:

• Impact on consumer and business confidence

• Offer significant employment opportunities

• Create a base to attract skilled workers

• Create lead up work for mine establishment

• Generate demand for housing and support services

• Generate royalties/tax revenues

• Provide significant infrastructure

• Create opportunities for innovation and development

WHAT WILL THE EXPANSION

MEAN FOR REGIONAL SA?

• Localised employment in service industries or

transport/processing of minerals (e.g. Arafura Rare

Earths outside Whyalla)

• Opportunity to compete for new residents – yes it is a

competition!

• Urban development/population growth, reversing

recent trends

• Growing populations make provision of government

services more economically viable (e.g. hospitals,

schools, etc)

• Capital works (e.g. roads, ports) have the ability to

assist the development of other industries

• Mining companies are traditionally active in local

communities (e.g. Hillgrove in Kanmantoo)

WHAT INDUSTRIES & REGIONS

REPRESENT OPPORTUNTIES

FOR SA BUSINESS?

Industry & Regional Opportunities (Property Industry)

• Use of emerging technologies or techniques (e.g.

modular design and construction or prefabrication)

• Eyre Peninsula is a region that will see growth due to

its natural attractions and lifestyle

• Port Lincoln as the major service centre for

Eyre Peninsula would seem a key location likely to

experience growth

Industry & Regional Opportunities (Property Industry)

• Upper Spencer Gulf – Whyalla, Port Augusta &

Port Pirie are major towns in close proximity to the

emerging mining areas

• Adelaide – livable city in close proximity to the mining

jobs

HOW CAN THE PROPERTY

INDUSTRY BENEFIT FROM THE

IMPACT OF EXPANSION?

• Assist local communities to develop their ‘point of

difference’

• Provide a range of housing choice (e.g. greenfield

detached, brownfield medium density or inner city

high density housing forms)

• Up skill the property industry at all levels to support

the growth

• Provide adaptable housing in target areas to prevent

accommodation stress (e.g. oil & gas areas of Qld)

WHAT CAN GOVERNMENT DO

TO ENCOURAGE RESOURCE

SECTOR WORKERS TO LIVE IN

ADELAIDE OR REGIONAL

CENTRES?

State Government Role

• Preserve the key features that make Adelaide a

livable city so we can compete for skilled labor and

capital on a global scale

• Allocate sufficient resources to the implementation

of the 30 year Plan for Greater Adelaide and the

Regional Planning Strategy

State Government Role

• Ensure that regulatory frameworks promote

development of resources in a sustainable and

equitable manner

• Ensure that regulatory frameworks (planning and

development) allow regions to respond to changing

demands or emerging issues (e.g. use of temporary

housing to meet unanticipated demand)

State Government Role

• Assist regional communities that lack skills or

resources

• Coordinate provision of essential infrastructure to

major mine sites and regional communities

• Work with industry and employment groups to

appropriately train existing residents/workers in the

skills required to service the mining sector