Investing in a better future: Major Cities Planning

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Investing in a better future: Major Cities Planning
Jeremy Nott, Department of Treasury and Finance (Victoria)
Four propositions:
•
•
Cities – a result of planning, government and
individual decisions
We can improve the way we plan our cities
–
•
•
Clearer objectives, streamlining regulatory arrangements,
better coordination of infrastructure, better cost benefit
analysis
Potential for greater use of market-based instruments
Improved data – an important tool
Urbanisation and income
Source: Figure 11, Trends in Urbanisation and Urban Policies in OECD Countries, OECD 2010
Population growth
Population growth
2.5
Per cent
2.0
1.5
1.0
0.5
0.0
Dec-82 Dec-85 Dec-88 Dec-91 Dec-94 Dec-97 Dec-00 Dec-03 Dec-06 Dec-09
Australia
Victoria
Source: ABS, Australian Demographic Statistics 3101.0
Projected gap in housing supply by state
300
250
'000s
200
150
100
50
0
2009
2011
2013
2015
2017
NSW
2019
VIC
2021
QLD
2023
2025
2027
2029
WA
Source: Table A4.2, 2nd State of Supply Report, National Housing Supply Council, 2010
Measures of Australia’s Progress
Source: ABS, Measure’s of Australia’s Progress, 2009 (cat. No. 1383.0.55.001)
Data Issues
• Understanding transport flows and the changing nature
of employment
• Understanding the value and impact of technological
change
• Data that helps us map the process of decision making –
from permit applications to occupation
• Measuring outcomes – using better indicators
• Collection of data at the city level
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