FAQs

Economic Development is the process of building the economic capacity of the City of Bayswater area in order to deliver better business, social and environmental outcomes.

Economic development focuses on quality outcomes while economic growth focuses on the quantity of outcomes.

It is often said Local Economic Development is a way to build up the economic capacity of an area in order to improve quality of and business environment.

Many stakeholders will contribute to the business engagement process and the formulation of the Economic Development Strategy. This will include the City of Bayswater, local business community, local business organisations and groups, external government agencies, and the wider community.

The Economic Development Strategy will feed into the Corporate Business Plan vibrancy pillar and support the City of Bayswater to implement the programs to support the Vibrancy strategy.

Your feedback will be vital in ensuring the information derived from the business engagement process is representative of the expectations and desires of the local business community.

All feedback received from the local community will be analysed in collaboration with input from WA's major industry bodies, relevant Federal and State government departments and economic trends, data, reports and forecasts.