Economic Development

Economic Profile

The Tamworth Region has a strong economic position thanks to a diverse and robust local economy. Our region’s estimated Gross Regional Product (GRP) is $3.69 billion which represents 0.55% of NSW’s Gross State Product (GSP).

Population growth is strong at 1.27% over the past 12 months. The population of 64,459 has 31,620 local residents employed and 5,927 local businesses.

To get an overview of the industries operating in our region, employment statistics and major infrastructure projects click here.

Economic Strategy

Tamworth Tomorrow is our region’s economic development strategy for 2022-2026.

Tamworth Tomorrow is a comprehensive document that was developed as a guide for everyone who contributes to the economic development of Tamworth. The strategy is focused on increasing our region’s population base which will in turn; fuel the local economy, drive innovation and encourage investment while also promoting cultural activity and entrepreneurial spirit.

The strategy has a strong people and place focus and harnesses knowledge, research and innovation as key drivers of Tamworth’s economic future. The strategy also highlights the value of attracting skilled professionals to our region while developing our existing employee skill base to match the future requirements of business and industry. The overarching theme of Tamworth Tomorrow is that to facilitate long-term growth, our region must remain at the forefront of global trends to encourage innovation, advanced manufacturing, direct investment and ensuring freight flow.

Tamworth Regional Council is committed to establishing an environment that; fosters partnerships; propagates creative thinking; facilitates a business engagement focus to enable economic activation; increases the region’s competitiveness and one that is responsive to the changing needs of the region’s stakeholders.

To read the strategy in full, download a copy of the Tamworth Tomorrow document. (PDF 5.7MB)

For further details regarding our economic development strategy, please contact:

Anna or Sam in the Economic Development team
P: 02 6767 5555
E: trc@tamworth.nsw.gov.au

Economic Opportunities

Tamworth Regional Council is committed to establishing an environment that fosters partnerships; propagates creative thinking and facilities a business engagement focus that enables economic activation.

Current investment opportunities are available at Invest Destination Tamworth

Download our Investment Tamworth Guide here (PDF 13.4MB)

Regional Cities NSW

Tamworth Regional Council is a proud partner of Regional Cities New South Wales, an important alliance that aims to build productive, livable and connected regions.

To find out more go to Regional Cities NSW website