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