Work area: Hay and Carrathool

Building Hay’s future together: early insights from the economic transition roadmap

The Next Economy and Hay Shire Council have been working side by side with the local community to better understand how Hay’s economy works today and what it will take to secure a stronger future. Over the past year, more than 240 residents, businesses and stakeholders have shared their perspectives through workshops, interviews and conversations. 

The result is the newly published Early Insights Paper, which explores Hay’s unique economy, the challenges it faces, and the opportunities already emerging. 

A deeply connected local economy

What makes Hay distinctive is not just its agricultural base or strategic location on trade and tourism routes, but the way economic and social life is deeply interconnected. From local producers sharing transport runs, to volunteers stepping in where services are scarce, Hay’s resilience depends on people and relationships as much as dollars and cents. 

Turning pressure into opportunity

The final Roadmap will highlight clear areas where focused action can turn pressure into opportunity. Housing, for example, has emerged as one of the most urgent challenges. Council and partners are already exploring innovative approaches such as transitioning worker accommodation into permanent housing – a practical step that can help meet short-term needs while leaving a lasting benefit for the region. 

Grounded in local identity

Alison McLean, Executive Manager for Economic Development and Tourism at Hay Shire Council, puts it simply:  

Without this groundwork, there’s a risk of defaulting to what everyone else does. We are not Wagga, we are not Griffith – we have our very own unique economy, threats and opportunities.

From insights to action 

This paper is an important milestone, but it is also part of a broader process of engagement and real-time action being taken to manage change across the region. Over the coming months, Council and The Next Economy will continue to work with the community to refine priorities, test solutions and activate partnerships across housing, primary production innovation, workforce development and industry diversification. 

You can read the paper here:

READ THE PAPER

Read the local media release for an expanded summary here:

READ THE MEDIA RELEASE

On the ground in Hay: building a future-ready regional economy

In the heart of NSW’s Riverina region, the town of Hay is asking big questions about its future.

Over a week in April, The Next Economy met with more than 30 local landholders, business owners, and community leaders to explore how the regional economy works—and how it can adapt to the challenges and opportunities ahead.

“We’re working with the Hay community to build a rich picture of the local economy—how it operates, who’s involved, and what’s needed to make it more resilient and future-ready,” says Jacqui Bell, Project Lead at The Next Economy.

This work is part of a broader effort to co-develop a regional economic roadmap—a guide to help Hay navigate dynamic social, environmental, and economic change. The process is grounded in local knowledge and shaped by the lived experience of those who call the region home.

This work follows on from the development of a set of principles for successful renewable energy development in Hay (in partnership with Re-Alliance), and the Regional Resilience Plan (in partnership with TNE and the Australian Resilience Centre) in Hay over the past two years.

Asking the Right Questions

The conversations in Hay are centred around a series of powerful questions:

  • What does our economy look like, and why does it work the way it does?
  • What trends—local and global—are shaping our future?
  • What can we do together that we can’t do alone?
  • How do we ensure that the wealth generated here benefits the whole community?

These questions are helping to surface both the strengths and vulnerabilities of the region’s economy, and to identify opportunities for collective action.

A Sector Under Pressure

Hay, like many regional communities, is facing cascading pressures: rising costs of living, workforce shortages, climate impacts, and uncertainty around the energy transition. These challenges are compounded by confusing policy signals and complex market mechanisms—particularly in the agriculture and land sectors.

“There’s growing interest from global markets and investors in low-emissions, nature-positive products,” says Jacqui. “But those signals often aren’t reaching producers on the ground—or they’re too weak or confusing to drive meaningful change.”

This disconnect is contributing to scepticism and fatigue in communities already being asked to take on significant risk to address climate change and biodiversity loss.

No One-Size-Fits-All

The Next Economy’s work in Hay reinforces a key insight: context matters. A one-size-fits-all approach to agricultural transition won’t work in Australia. Each region has its own assets, challenges, and aspirations.

“How transitions are managed locally will shape the future of entire regions,” Jacqui explains. “Strategic planning and coordination are essential—not just to respond to change, but to shape it in ways that are fair, effective, and grounded in place.”

What’s Next

The roadmap being developed with the Hay community will help guide investment, policy, and local action. It’s part of a growing movement across regional Australia—where communities are stepping up to lead the transition to a climate-safe, regenerative, and socially just economy.

“This isn’t just about adapting to change,” says Jacqui. “It’s about creating the conditions for communities to thrive in the next economy.”

Read more about our work in Hay, NSW:

Strengthening Hay and Carrathool – Resilience Plan launched!

Primary producers in Hay, Carrathool help shape NSW region’s economic future

Strengthening Hay and Carrathool – Resilience Plan launched!

This week, the Hay and Carrathool Shire Councils launched the Hay and Carrathool Regional Drought Resilience Plan. The Plan is designed to identify strategic focus areas and priority actions to strengthen regional resilience. Convened by both councils, the Plan is the result of an extensive seven-month collaboration involving more than 300 community members, industry representatives, and government stakeholders. 

The Plan envisions a future where, by 2035, the communities of Hay and Carrathool are equipped to navigate climate, environmental, social, and economic challenges while remaining strong, connected, and vibrant. It sets out a strategic path for ensuring safe and thriving places to live, work, and raise future generations. 

Hay Shire Mayor, Carol Oataway, acknowledged the immense community effort behind the Plan and the commitment of local people to shaping their future. 

“This level of community engagement reflects the leadership and strengths of this vibrant region and demonstrates the passion that local people have for its future,”

Carol Oataway, Mayor of Hay Shire

With five core strategies—Inclusive & Empowered Communities, Future Ready Businesses, Reimagined Care Economy, Placemaking with Purpose, and Coordinated Action for Climate Resilient Economic Development—the Plan identifies 26 priority actions, each with partners to lead and drive progress. 

Key actions include setting up community hubs where people can connect, working groups so businesses can “share” employees, innovative ways to provide care to groups that need it, an initiative to collect and use environmental data, a housing strategy, and a roadmap to diversify and strengthen the regional economy.  

Already, the Plan has sparked action across the community. To really bring its vision to life, collaboration between local government, businesses, and residents will be essential in addressing risks and capturing emerging opportunities. 

“We’re the ones who know what our region needs… State and federal governments need to support regionally led solutions like ours.”

Carol Oataway, Mayor of Hay Shire

The Next Economy and the Australian Resilience Centre worked with the Hay and Carrathool Shire Councils and local communities to deliver the Plan. It has been developed as part of the Regional Drought Resilience Planning Program, which is jointly funded by the Australian Government and NSW Government under the Future Drought Fund. 

Hay Shire Councillors John Perry and Geoff Chapman, along with Mayor Carol Oataway and Alison McLean, Executive Manager for Economic Development and Tourism, are pictured with Jacqui Bell and Doug Ruuska from The Next Economy.

Download the plan  

The Hay and Carrathool Regional Drought Resilience Plan is available from the Australian Government’s Department of Agriculture, Fisheries and Forestry website: https://www.agriculture.gov.au/sites/default/files/documents/hay-and-carrathool-rdr-plan.pdf 

A summary of The Hay and Carrathool Regional Drought Resilience Plan is available below.

DOWNLOAD THE SUMMARY

For more information contact Jacqui Bell – j.bell@nexteconomy.com.au

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Primary producers in Hay, Carrathool help shape NSW region’s economic future

Primary producers in Hay, Carrathool help shape NSW region’s economic future 

More than 80 primary producers and community members joined both Hay and Carrathool shire councils and The Next Economy (TNE) at a series of workshops to explore barriers and opportunities for strengthening community resilience and driving good economic development in the region.  

Situated within Australia’s renowned ‘food bowl’ in the Riverina region of southwest New South Wales, the Hay and Carrathool Shire communities boast a rich legacy in agriculture and primary production. 

The five workshops, held between 8 and 12 April 2024, brought together representatives from local businesses, community organisations, community services and primary production to identify what makes the region work now as well as opportunities and potential directions for good regional development that drives a strong, vibrant and climate resilient future. 

Feedback from workshop participants included:

It was great to see so many community members turn up and be involved.

and

It was good to feel like community members are important in decision making. 

The workshops marked the official start of extensive community engagement activities as part of Hay and Carrathool Shire Councils’ development of the 10-year Resilient Economy Roadmap initiative.  

The Roadmap will outline practical actions councils, business, industries and communities can take over the next decade to diversify their economies while building resilience in the face of change and disruption. This includes economic, social, cultural and environmental resilience. 

The project comes at a pivotal moment for the region as communities navigate a range of growing challenges and disruptions, including rising living costs, climate impacts from recent flood events to prolonged droughts, and the impact of the decarbonisation of global supply chains. 

Jacqui Bell, TNE’s Land Use Director, said:  

“These communities have a golden opportunity to stay strong now and into the future. To do that, they’re coming together to identify how to overcome barriers, diversify economies and build resilience. 

“The level of engagement with the Roadmap project demonstrates the region has a network of strategic local leaders and champions who are passionate about their communities, economy and the future of the region.   

“Community members, business owners and representatives from the primary production industry we’ve engaged with so far are constantly adapting and innovating in response to changes in the local climate and global economy.  It was great to see such overwhelming interest in working collaboratively to shape the region’s future.”  

The Resilient Economy Roadmap initiative is a collaboration between Hay and Carrathool Shire councils, The Next Economy, The Australian Resilience Centre, and communities across the region.  Running from March to October 2024, it is funded jointly by the Australian Government and NSW’s Future Drought Fund and is part of the Regional Drought Resilience Planning Program. 

To stay up to date on the project, follow the Resilient Economy Roadmap Facebook page.  For further project information, please contact j.bell@nexteconomy.com.au