The Central West's Favourite Community Newspaper

Future Jobs and Investment legislation a critical step for greater Lithgow

Council has welcomed the passage of the NSW Government’s Future Jobs and Investment Bill.  It is an important step towards supporting our community as we navigate the energy change and prepare for future employment and investment opportunities. 

The Bill establishes the Future Jobs and Investment Authority, a dedicated framework and funding mechanism to support regions affected by changes in demand for coal and coal-fired power generation.

Lithgow has long advocated for a coordinated and properly resourced approach to supporting communities experiencing structural economic change.

“The passing of this legislation is a significant milestone and recognition that coal-producing regions such as Lithgow require long-term support to manage future jobs, investment and prosperity,” Mayor Coleman said. 

Council particularly welcomes provisions requiring the Authority to consult local councils when preparing Local Economic Structural Adjustment Plans and the requirement for workforce plans for coal mines and coal-fired power stations before final closure occurs.

This creates an important opportunity for Lithgow to deliver the actions developed in our Lithgow Emerging Economy Plan including, workforce transition planning and other economic development initiatives into the State Government’s framework. Council has a detailed understanding of their communities, industries and workforce challenges, and it is important that local knowledge informs future planning and investment decisions.

“For communities like Lithgow, the impacts of transition are often felt well before final closure through changing operations, reductions in contractor activity, shifting investment decisions and supply chain impacts. We will continue to advocate for these powers to be used early so workers, businesses and families have sufficient time to prepare and respond.”

Council also welcomes the commitment to establish the Central West Local Division which Mayor Coleman strongly encourages the office to be located in Lithgow. 

“Council looks forward to partnering with the NSW Government, industry, workers, educational institutions and community stakeholders to ensure Lithgow is well positioned to seize emerging opportunities and build a resilient local economy.”

ENDS

Media contact: Bradley Sullivan, Communications Officer Lithgow City Council Phone: 02 6354 9999

Total
0
Shares
Related Posts