Without an outward, forward thinking approach to regional policy we could further entrench underperformance in our regions. Join CEDA, and Deputy Premier Peter Ryan, for an optimistic discussion on how reconceptualising policy towards regional development could deliver sustained economic growth.
Event overview
There are significant, although not unprecedented challenges facing regional cities. Drought and drought assistance; rural workforce issues; ageing population; crumbling infrastructure and inequality in educational outcomes are all issues that regularly dominate discussion on the outlook for regional Australia.
Policies towards establishing sustainable economic foundations for regional growth traditionally depend heavily on providing social assistance to struggling communities.
While there is a degree of inevitability around multispeed performance in regional areas, recent research suggests equal levels of growth are not a realistic policy objective. Rather, the OECD says economic growth is possible in regions with good infrastructure, education, innovation, agglomeration of economies and regions that mobilise local assets and resources, rather than relying on government support.
There is an increasing need to refocus government policy towards regional Australia on growth centred outcomes that leverage the unique characteristics of the regions themselves, not a one size fits all approach.
With a keynote address by Regional Development Minister, Peter Ryan, this CEDA event will hear from leaders of two regional areas, giving their views on how we can rethink policy towards regional growth.