Develop an agreed set of metrics and datasets by 2018 to measure economic and educational outcomes and monitor success in implementing the Regional Economic Development Plan.
The Tasmanian Government has been working with the Northern Tasmania Development Corporation, the Launceston Chamber of Commerce, Regional Development Australia Tasmania, the University of Tasmania (UTas), and regional councils to develop the metrics. The National Cities Performance Framework was used as a foundational document to ensure the metrics were focused appropriately and generally consistent with the approach taken to measure change.
The metrics have been developed across the three themes of:
- People – population growth, age profile and migration.
- Participation – Secondary school, VET, higher education and employment statistics.
- Productivity – focusing on economic and business growth in addition to changes in average income, value of export and innovation.
Data has been sourced predominantly from the Australian Bureau of Statistics Census Data with inputs from UTas, Skills Tasmania and the Office of Tasmanian Assessment, Standards, and Certification in relation to the education metrics.
Next Steps and Milestones
Q3 2018: Metrics to be finalised.
Costs associated with developing metrics is funded through existing resources of the commitment partners.
The Tasmanian Government will work with the Northern Tasmania Development Corporation, the Launceston Chamber of Commerce, Regional Development Australia Tasmania, the University of Tasmania and regional councils to develop the metrics and datasets.