CONTENTS

Farm Investment and Attraction

Outcome:  A ‘One Stop Shop’ utilised as an information source for investors in the dairy industry established in the Murraylands and Limestone Coast regions.

Project Activities and Achievements:

• Resource Agreement Established
  Limestone Coast & Murraylands Regional Development Boards
   
  A resource agreement has been drawn up with both the Limestone Coast and Murraylands Regional Development Boards establishing  them as the “one stop shop’ information brokers for potential new investors into the dairy industry.  As information brokers they have funds and other resources from this project for the on going promotion and attraction of industry investment as described in the ADP proposal.
  
  
• Development of SA Dairy Industry Website
  www.dairyindustrysa.com.au
  
  The South Australian dairy industry website has been developed as a ‘one stop shop’ for all information on the SA dairy industry.   This has been an exciting achievement for the ADP project and has been widely supported by the dairy industry, with many industry partners contributing, sponsoring and being actively involved in the site.   

The site is a collation of information that has been designed so that it is useful for both existing dairy farmers and potential new investors.  The information ranges from a state dairy diary, weekly news flash, daily weather and daily feed grain prices, technical information, human resource information and useful contacts right through to SA statistics, new potential dairying areas, land, water and infrastructure maps of SA, dairy education and careers, council and EPA requirements and processor information.  The site has also been used as a vehicle for the extension of work completed by the ADP project and many other of the projects underway in the South Australian Dairy Industry.  The site will continue to evolve and develop as a very useful tool for the South Australian dairy industry.  It will continue to operate after the ADP project completion through the regional development boards, PIRSA and the sponsoring industry groups.

• Dairy Industry Website Launch
  23rd and 25th August 2005
      
  The new dairy industry website was launched by Minister Rory McEwen at the Murraylands Regional Development Board on the 23rd August and at the Limestone Coast Regional Development Board on 25th August.  The launches included the release of the new state plan targets, a speech from the minister and a display of the new website followed by a wine and cheese tasting.  Service providers from around the region who are in contact with potential new investors were invited to attend the launch.  Over 90 people attended both launches including Mayors, councillors, directors of the Regional Development boards, bank managers, local service providers, consultants, processors and dairy farmers.  There was extensive media coverage about the event across the state examples of this are included in the media coverage section in Strategy 1.
  
  
• Information Packages    Appendix 29
  'Opportunities for Investment'
  Local Government Checklist
  Dairy Development Guidelines
  
  Information packages have been developed for potential new investors in the dairy industry.  These information packages include:
• A brochure on the South Australian Dairy Industry
• A flier about the SA dairy industry website
• Document entitles ‘Opportunities for Investment’ written by Steve Spencer
• Regional Statistics for either Murraylands or Limestone Coast
• Local Government Checklist
• Dairy Development Guidelines
• GIS mapping
• Resource modelling

These packs have been printed and are available at the Regional Development Boards, on the website or through direct enquiry with PIRSA.  The packs have been quite popular with potential investors.

As per the ADP proposal, PIRSA will be funding the ongoing support for this service for the remainder of 05/06 and in 06/07.

Financial Analysis