deloitte - 2015.segra.com.au2015.segra.com.au/segra15confproc/day 1/plenary/kristian-kolding.pdf ·...
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SEGRA 2015
Kristian Kolding
20 October 2015
Australia’s economic
outlook
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Genuine challenges
Changing gears
Opportunities for growth - the importance of place
Contents
2
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The Australian economy
faces genuine challenges
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Softer growth outlook for China
4
Source: ABS, Deloitte Access Economics
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…it has been trending this way for a while
5
Source: Thomson Reuters
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And the stock market is affected too.
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This has forced Australia to move to the third
stage of the mining boom - exports
7
Source: ABS, Deloitte Access Economics
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But that’s not the only challenge facing Australia
8
Source: ABS, Deloitte Access Economics
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Our productivity challenge
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Our productivity challenge
10
Trend real net national disposable income per head ($)
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The economy
is changing gears
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Record low interest rates
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Source: ABS, Deloitte Access Economics
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Low interest rates supporting broader growth
13
Source: ABS, Deloitte Access Economics
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Low interest rates supporting broader growth
14
Source: ABS, Deloitte Access Economics
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Surging building approvals
15
Source: ABS, Deloitte Access Economics
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More favourable exchange rates
16
Source: ABS, Deloitte Access Economics
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More favourable exchange rates
17
Source: ABS, Deloitte Access Economics
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More favourable exchange rates
18
Source: ABS, Deloitte Access Economics
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Business investment
19
Source: Deloitte CFO Survey
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Business investment
20
Source: Deloitte CFO Survey
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Opportunities
for growth
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Place in an Australian context
22
Australia’s five regions
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10 measures of prosperity
Place contributes more to
human welfare than just
material goods and services –
place is where people live
their lives.
Our ten dimensions are the
building blocks of prosperity
in place and the things
people care about.
24 Deloitte Touche Tohmatsu © 2015 - BTLC5 MASTER CLIENT DECK
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Outer urban and regional
How prosperous are we?
Outer urban Regional cities
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Rural and remote
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Who can act?
28
Individuals 1 Businesses 2 Communities 3 Governments 4
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Where to start?
Reconsidering the purpose of place begins with three questions:
1. Is your place flourishing?
2. Which of the 10 dimensions of prosperity most needs to improve?
3. How can each of the 4 actors best collaborate with the
others to set the process in motion?
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General information only
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