City opens discussion on its long-term economic prosperity

Published on 01 May 2023

The City of Hobart is developing a new City Economy Strategy to identify, promote and capitalise on the ‘Hobart Difference’ for the benefit of all those who live, work and do business in the city.

This work will set the vision and the pathways that will position Hobart for future social and economic prosperity and enable our businesses and residents to respond to and thrive from the challenges and opportunities that lie ahead.

The City has navigated through the challenges of post pandemic recovery.

However, there are further ongoing and emerging challenges to consider such as future population growth, high inflation rate, supply chain restrictions, and consumer spending trends.

Hobart City Economy Portfolio Chair Louise Bloomfield said the new strategy would help ensure the City continues to support a more prosperous, innovative and inclusive economy.

“We need to examine the new challenges and consider how to create a sustainable and resilient economic future,” Ald Bloomfield.

“To prepare our new strategy, we have produced a discussion paper to test ideas, learnings, proposed actions and priorities that have been gathered from stakeholder engagement and research to date.”

Ald Bloomfield said this document was intended to prompt conversations about the proposed strategic priorities to ensure they are both appropriate and achievable in meeting the future needs of the City of Hobart.

“We look forward to hearing from businesses big and small, employers, workers and our wider community as we create a plan for a resilient, sustainable and fair economy.

“I would encourage everyone to view the discussion paper and share your thoughts thorough the survey which is available through the City of Hobart Your Say website.”