PLAN TO PROVIDE 'PURPOSE' AND 'INTENT' FOR QUEENSLAND ECONOMY

PLAN TO PROVIDE 'PURPOSE' AND 'INTENT' FOR QUEENSLAND ECONOMY

FIVE areas vital to the future growth of the Queensland economy have been identified in an upcoming Deloitte Access Economics report.

The Shaping Future Cities report, to be released in April 2017, will outline a master plan for the restructure and revamp of the economy over the coming decade.

The initiative enlists the help of a committee of the state's leading academics and business moguls, including QSuper's Michael Pennisi, UQ Vice Chancellor Peter Hoj and Queensland Chamber of Commerce CEO Stephen Tait.

Deloitte Access Economics CEO, Mike Kissane (pictured), says focus will been placed on five key areas of importance: tourism, agribusiness, education, health and ageing and transformation in energy and resourcing.

"These sectors together have the capacity to deliver the economic prosperity that will attract the talent, and provide the vitality and opportunity that will make Queensland smart, agile, connected and confident in its future," he says.

Strategies will also be explored to harness the potential of major global opportunities such as the 2018 Commonwealth Games, and to keep momentum going in its wake.

The report comes as the mining and construction boom continues to unwind and the state is forced to seek out more sustainable footing.

Deloitte Queensland Managing Partner John Greig says the challenging transition will rely on a clear shared vision for the future.

"In the absence of any shared sense of state-wide purpose or intent, many Queenslanders are struggling to know how best to respond," he says.

"With a coordinated approach from government at all levels, as well as from the community and business, there is a significant opportunity to further unlock prosperity."

Deloitte undertook a similar initiative for the Western Sydney region last year that put forward 133 recommendations to boost job growth in the area.


 

Subscribe Now!
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

The Star unsuitable to hold a casino licence, final Bell Inquiry submissions claim

The Star unsuitable to hold a casino licence, final Bell Inquiry submissions claim

The Star Entertainment Group (ASX: SGR) has been declared unsuitabl...

Businesses and directors could face huge penalties if they fail to disclose their climate impact

Businesses and directors could face huge penalties if they fail to disclose their climate impact

Large businesses will have to publicly disclose detailed informatio...

Australian Ethical to acquire Australian Unity's Altius Asset Management for $5.5m

Australian Ethical to acquire Australian Unity's Altius Asset Management for $5.5m

Australian Ethical (ASX: AEF) is set to upsize its fixed income bus...

Corporate raider Nicholas Bolton appointed CEO of Yowie Group

Corporate raider Nicholas Bolton appointed CEO of Yowie Group

Nicholas Bolton, the corporate raider who made his name profiting f...