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Forbes offers a unique blend of modern lifestyle in a historic setting. Excellent communication infrastructure and road networks makes Forbes an attractive business location.
- Forbes is a major urban centre positioned on the Newell Highway
halfway between Brisbane and Melbourne.
- Strategic location allows access to some 65,000 people within a 100km radius.
- The town is five hours drive from Sydney.
- Competitively priced industrial land
- Supportive and proactive Council
- Excellent facilities and services for families.
- Forbes is classified as an Outer Regional Area (RA3) by the Department of Health and Ageing. Medical professionals moving from major city areas to Lithgow may be entitled to relocation and retention benefits from the General Practice Rural Incentives Program.
Download the Forbes Regional profile
Population – 9,664 persons live in the Forbes region
Employment – 3,891 persons are employed
Average age – 39.9 years
Education – 45.9% of the population is Tertiary Qualified
Household Composition – 58% of families are a Couple with dependent children
Weekly Wage – $778
Median House Price – $218,000
Sources: ABS Census (2011) ERP (2013), Cat 8731, DEEWR (2014), NIEIR (2014), Housing NSW (2014)
Gross Regional Product
The Forbes economy represents approximately 4% of the Central West regional economy. Forbes’ economy is underpinned by both irrigated and dry land agriculture, particularly grains and livestock.
Key Industry Sectors
The largest sectors in the Forbes economy by total output include:
- Education and training
- Health care
|Industry Sector||GRP Value||GRP %|
|Education & training||$32 million||8.0%|
|Health care||$27.3 million||6.9%|
Sources: ABS Census (2011) ERP (2013), Cat 8731, DEEWR (2014), NIEIR (2014), Housing NSW (2014), A.P.SHEERE CONSULTING (2015)
Forbes Top 5 Employers
The main industries by employment in Forbes are:
- Health care
- Education and training
|Industry Sector||% Employed|
Sources: ABS Census 2011, NIEIR (2014), A.P.SHEERE CONSULTING (2015)
Major businesses and industry located in Forbes include national retailers Bunnings and Spotlight, Bernardi’s SUPA IGA, Superbee, engineering/fabrication businesses and the Central West Livestock Exchange.
The Bernardi group employs over 350 people in five Supermarkets across the Central West. Superbee produces honey and other bee-related health products, which are exported all over the world from its factory in Forbes.
The Central West Livestock Exchange is a world-standard undercover cattle, sheep and pig selling centre, which is among the biggest trading centres in the industry.
- According to the Department of Primary Industries NSW, the alluvial flats near Forbes support citrus and pome fruit production.
- Other small scale operations are scattered throughout the tablelands and include lavender, olives and hazelnut production.
- There are a number of areas that have the potential to support the horticulture and viticulture industry, indicating the high quality land resources found in this region.
- There is potential to expand the citrus industry further and develop the nut industry in the area. The deep bore water in the shire (30 -120 metres) gives consistent water quality compared to river water (no salts) and is very suitable for citrus needs. The Forbes LGA grows citrus for juicing purposes (220ha) that is sent to Queensland and Melbourne.
JEMALONG REGIONAL EDUCATION CENTRE (JREC)
This new Medical & Education facility provides training, conference and accommodation facilities for related fields. Developed in partnership with a number of NSW universities and Western Institute of TAFE, the facility boasts single, double and unit accommodation, video conferencing, multi-purpose conference room, Wi-Fi and more.
INDUSTRY AND LOGISTICS
Forbes’ strategic location on the Newell Highway combined with readily available and affordable industrial land present ideal conditions for growth. Our Intermodal Freight Terminal run by Mountain Industries is strategic in meeting the increased freight over future years.
HEALTH CARE AND EDUCATION
An increasing population presents growing demand for these services, which in turn creates development opportunities for business.
An increasing labour force and a strong existing manufacturing sector support future growth in food, aviation and agricultural bio-waste processing.
- Bulky goods industry base
Gaps in Facilities and Services
- Bypass for road trains
Incentives and Land Availability
Local investment incentives
Forbes Shire Council offers a range of incentives for businesses of all sizes looking to locate within the Forbes region. The Council has established the Forbes Business and Industry Committee whose focus areas include:
- Attraction and retention of business, industry and employment opportunities
- Increased development
- Support for business development and investment
- Manufacturing and construction
- Tourism development
Forbes has become highly attractive to new industry and business because of its centralised position on major transport routes, access to a willing and skilled workforce, modern infrastructure and Council incentives. The community is also very loyal to the town and firmly supports local business.
Land availability and business locations
Forbes Shire Council has identified the following residential, commercial and industrial land currently available for development:
Forbes has strategically located industrial land, including the Midstate Industrial Park, which comprises approximately 150 hectares. It is located on the Newell Highway, next to the Central West Livestock Exchange, and can be the perfect location for heavy industry and industries complementary to agricultural services.
- Jemalong Regional Education Centre
- Morton Street –residential development
- York Street – residential development
- Landrace Estate
Forbes Shire Council
Economic Development Officer – Kristy Hartwig
2 Court St, Forbes NSW 2871
Phone 02 6850 2300