Regional Economic Development Strategy 2020-2041
The Regional Economic Development Strategy 2020-2041 (REDS) provides the blueprint for Council, industry and the business community to collaboratively build a $40 billion economy by attracting and generating 100,000 new jobs for our City by 2041.
The REDS provides long-term economic direction for the City and drives innovation and entrepreneurship to position Moreton Bay as one of Australia’s top 10 regional innovation hubs by 2041.
The success of the REDS depends on collaboration and support from all stakeholders and the Council's Economic Development team serves as the catalyst in maintaining this engagement.
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Video transcript
Documents
Regional Economic Development Strategy 2020-2041
Released in February 2021, the full document covering a long-term strategy to drive economic development and outcomes in Moreton Bay.
View REDS 2020-2041(PDF, 3MB)
Industry plans
Plans have been developed as part of the existing Economic Development Strategy for City of Moreton Bay. They address the four priority industries, as well as the opportunities with International Engagement and the 2032 Olympic and Paralympic Games.
2023-24 Interim Action Plan Report Card
2023 marks the start of a new action plan with 23 strategic deliverables. Momentum has continued in 2023 with progress being made on 20 of the 23 action items in the first 10 months of the 2023-24 REDS Action Plan. The report card highlights the achievements to date towards a Bigger, Bolder, Brighter economy.
View REDS Report Card(PDF, 661KB)
2020-22 REDS Report Card
The end of 2022 marks the completion of the first Action Plan for the Regional Economic Development Strategy (REDS) 2020-41. Over the past two years, the collaborative efforts of REDS stakeholders has delivered progress against all 28 action items laid out in the 2020-22 REDS Action Plan. The Report Card highlights the achievements to date towards a Bigger, Bolder, Brighter regional economy.
View REDS Report Card(PDF, 228KB)
2023-24 REDS Action Plan
To keep the momentum going towards a $40 billion economy with 16,000 new businesses and 100,000 new jobs by 2041, work has already started on implementing a new REDS Action Plan for 2023-24. This new Action Plan, developed with the REDS (industry) Taskforce and our REDS Stakeholders, sets out 23 actions that City of Moreton Bay and REDS stakeholders will be focused on delivering over the next two years. As a result, we are striving to create opportunities for local businesses to innovate more, sell more, showcase more and grow more.
Disclaimer: An updated version of the full Regional Economic Development Strategy 2020-41(REDS) with the new 2023-24 REDS Action Plan will be released on the council website in the coming weeks.
View REDS Action Plan(PDF, 2MB)
REDS infographic
Council has produced an Infographic page to accompany the REDS, which presents some key messages.
View REDS infographic(PDF, 294KB)
Our local profile
Get to know Moreton Bay better by using the demographic data and statistics provided by Economy.id and made available by Council.
The available data is structured around economic indicators, size, industry comparisons, spatial economy, journey to work, self-containment, workforce profile, local labour force and local market data to paint a picture of how our City works.
Using the Community Profile, as well as the Social Atlas and Economic Profile, you can:
- understand the size of our local economy, our growth story and how we compare across Moreton Bay
- dig deeper into our local business and employment centres
- view our local labour pool and the commuters in our workforce
- understand the available infrastructure and strategic opportunities for new businesses.
Together, these tools form an incredibly powerful suite to help you understand our local government area and make the best business decisions with the latest data and modelling.
Useful resources
Thinking of starting or expanding your business in Moreton Bay? Council has compiled a range of business resources to help you.
Get in touch with our team
Got a question, comment or just want to get in touch? Contact us using the form and we’ll get back to you as soon as possible.
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