Property Council welcomes analysis of regional strengths and weaknesses

The report has the potential to improve planning and infrastructure investment to support regional growth.

The Announcement:

The Property Council of Australia today welcomed the release of Infrastructure Australia’s latest report into the strengths and infrastructure gaps in Australia’s regional areas.

The first report of its kind, the expansive study examined the opportunities and challenges facing the regions as more and more Australians look to a life outside urban areas.

Property Council of Australia Chief Executive Ken Morrison said unsurprisingly, the report found the top challenge for the regions is the provision of diverse and affordable housing.

“This report is a critical piece of work that has the potential to guide governments, businesses and communities as they look to support good growth in the regions,” Mr Morrison said.

“We know housing is not only a huge contributor to economic growth, but the provision of diverse housing options also helps to ensure the workers, teachers, doctors and other service providers can live in these regional towns and contribute to thriving communities.

“The report has the potential to improve planning, and prioritise investment in the infrastructure that will deliver greatest benefit for locals and in turn, the country as a whole.

“We commend Infrastructure Australia for undertaking such an expansive study, and urge governments at all levels to take heed of the quality information in this report,” he said.

Source: Property Council of Australia

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