The Shoalhaven is based in a coastal regional setting to the south of Sydney and comprises of 49 towns and villages each having lifestyle differences that give the area its unique character.
The Shoalhaven has a mature but growing economic base. With broad diversity in many value adding sectors such as aircraft maintenance and overhaul, general manufacturing and logistics, the economic base is supported by domestic and international trade. Manufacturing, defence, tourism and agriculture represent the core income generating economic activities for the Shoalhaven LGA. The agricultural sector remains an important economic activity in the region. The gross value of agricultural output in the 2016 was $182.2m from such rural activities as dairy farming, nursery products, seeds and cut flowers.
Government administration and services are strong as is education, health and the construction industry. Many localities are also highly oriented to tourism and retail.
According to the ABS, as of 2006 there were 4,431 business counts operating in the Shoalhaven LGA. This healthy growth in new business is largely due to the strong emphasis placed on economic development by Shoalhaven City Council, which has successfully encouraged a significant number of firms to relocate or set up in the area.
Population growth, based on in-migration from metropolitan areas, continues to grow the labour force and provide extension to existing and new businesses. The level of economic activity is also reflected in the number of Building Approvals in the Shoalhaven.
A skilled workforce supports the business base and utilises the resources of local training facilities of the University of Wollongong and TAFE NSW.
According to the ABS, as at June 2016 there were 6,649 businesses operating in the Shoalhaven LGA. This healthy growth of around 100 new business each year is largely due to the strong emphasis placed on economic development by Shoalhaven City Council, which has successfully encouraged a significant number of firms to relocate or set up in the area. Tables showing the Number of Shoalhaven Businesses by Employment size and Number of Shoalhaven Businesses by Turnover provide an important insight into the Economic Growth of Shoalhaven.
Shoalhaven City Council has an active Economic Development Office, working at the strategic and operational level to grow the economy and encourage expansion and diversification across all sectors. This website contains economic and demographic information about the Shoalhaven. More information about the Shoalhaven City Council Economic Development Office is also available.