Jobs Jobs Jobs
Frankston and Southern Melbourne have too few local jobs, today …
In Frankston, and more broadly across South Eastern Melbourne, access to work is arguably the most critical issue impacting on our community and feeds into other regional problems like social disadvantage, economic inequity and stagnating productivity.
Frankston’s headline job statistics don’t read well with a consistently documented history of upper-band unemployment and lower-band workforce participation.
But this doesn’t really come as a surprise, given the residents in the City of Frankston have:-
• fewer than 28 local jobs per 100 residents
• access to less than 10% of Melbourne’s job market via a 60-minute public transport commute, and
• only between 10-30% of Melbourne’s jobs reachable by a 45-minute private vehicle commute.
…and these will be even scarcer in the future
Over the next 15 years, Outer Southern Population Growth will continue to outstrip Employment Growth
Population growth – yoy
+1.8%
400-480k additional people
Plan Melbourne population forecasts
Source; Dept of Transport Planning
& Infrastructure 2014
Job growth – yoy
+0.5%
105k additional jobs
Projection based on the 2011-2015 run rate
Source: Dept of Economic Development, Jobs,
Transport and Resources 2016 Analysis
Looking forward to 2051, Plan Melbourne forecasts that population growth in the South-Eastern Melbourne will average 1.8% year-on-year but regional job growth will languish at 0.5%.
To stabilise our local job market, at current levels, in the face of such rapid population growth Frankston will need to be creating a minimum of 850 additional local jobs each year.
To see full list of Advocacy Priorities, click here
Objectives
For Jobs, Jobs, Jobs
Frankston needs to Stimulate Job Growth by: Improving Transport links, Safeguarding our Manufacturing Sector; Leading in Health Research and Building a vibrant City Centre.
Why?…
Allowing people to access more jobs in reasonable
commute times increase employment; aids
workforce participation; boosts workforce
productivity; and in turn increases local wages &
investment.
How?…
• Frankston rail extension
including Langwarrin Park & Ride
• 30-minute commuter trains to Flinders St
• South-eastern International Airport
Why?…
Carrum Downs manufacturers are creating jobs
13 times faster than the Southern regional
average. Generating $2.85bn in output and
employing 6,000 people this precinct is
economically more important than Frankston’s
CAA.
How?…
• Latham Road duplication
• Industrial land zoning
• Supply-chain transportation & Ports
• Energy Supply certainty
Why?…
A Monash University (globally ranked #80) and
Peninsula Health partnership will allow
Frankston to lead academic research on some
of the next centuries most pressing health
issues: age-care; chronic illness (diabetes,
heart disease, dementia), and addiction.
How?…
• Specialised teaching Hospital
✓Leading academic research facility
$15m Funded
✓Monash campus redevelopment
$35m+ Funded
Why?…
A populated and vibrant city will boost the local
economy and increase investment appetite.
Demographic diversity is crucial to addressing
social inequality and educational outcomes.
How?…
• City parking
• Planning
✓Gateway Aesthetics-
Station $68m Funded