Diversify WA economic development framework

A framework to support the WA Government’s Our Priorities: Sharing Prosperity – Stronger Economy target of an extra 150,000 jobs by mid-2024 (including 30,000 regional jobs).
Last updated: 11 May 2020
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Diversify WA provides an economic blueprint for collaboration between government, industry and the community, and supports the WA Government’s focus on creating secure, quality jobs, growing and diversifying the economy and attracting investment.

It identifies six priority sectors in which Western Australia has a competitive advantage and where there are significant growth and diversification opportunities. The framework provides a vision for WA’s economy, and outlines the initiatives, actions and strategies that will contribute to achieving this vision.

While the focus of Diversify WA is on government actions, it is the private sector that plays a pivotal role in WA’s economic future. Government will predominantly provide the strategic foundations for growth and diversification, including a stable regulatory environment, appropriate infrastructure and sound fiscal management.

The Government will shortly prepare a Prospectus, highlighting the opportunities available to the international audience, and the benefits of living, working and visiting WA.

By providing industry with the confidence to invest and grow their businesses in WA, the Government will deliver a sustainable, resilient and diverse economy that provides prosperity and ensures jobs for all Western Australians.