State of the Regions Report 2012-13

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Description

The 2012-13 State of the Regions report was commissioned by ALGA and prepared by National Economics.

This year’s Report raises several questions designed to encourage decision makers to contemplate what changes may need to be made to Australia’s regional development policies to strengthen regional investment in the future.  It continues the call for more action to be delivered in the areas of critical infrastructure provision and provides an interesting commentary on the history of financing infrastructure in Australia..

The report introduces a new benchmarking methodology for Australian regions and provides commentary on what may be required in developing a more rational approach to regional development in this country.

Chapter outlines include:

  • A brief history of infrastructure investment in Australia;
  • The revival of neoclassical economics;
  • The need to rethink;
  • The role of government in investment;
  • Addressing the infrastructure backlog;
  • The responsibilities of federal, state and local governments;
  • The post 2005 Mining expansion: the consequences for the Australian economy and its regions;
  • Recent trends – population, unemployment, household assets and liabilities, housing, construction and patents;
  • Towards a rational approach to regional development: benchmarking Australian regions.

The Report provides considerable evidence and arguments to reinforce that it is time for regional development policy in Australia to be re-engineered.

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