Thursday, 13 July, 2017

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The HRF Centre has been invited to provide feedback to the Australian Government Productivity Commission on its Transitioning Regional Economies draft report.

The Centre has agreed to host the Commission’s representatives at the University’s NeW Space building on 17 July. The Centre has also helped them to organise meetings with a range of local experts from government agencies, business, and the University.

The Australian Government has asked the Commission to characterise impacts in regional areas from the transition of the Australian economy following the resources boom.

Their task is to:

  • Devise an analytical framework to assess the scope for economic and social development in regions;
  • Establish an economic metric to identify regions most at risk of failing to adjust to a more sustainable economic base; and
  • Characterise factors that affect the capacity of ‘at risk’ regions to adapt to changes in economic circumstances.

The Commission’s draft report was released in April 2017. They are now consulting widely, seeking feedback and other expert insight. Their final report is to be published in December.

The HRF Centre’s lead economist, Dr Anthea Bill, and Director, Professor Will Rifkin, will provide insights on the Hunter region, as well as on other regions. They will also offer methods for characterising significant regional change.

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