Our cities and regions face major challenges from the pressures of growing urbanization, regional competition and the harsh consequences of the impacts of social downsizing. The integration of urban and regional Australia into the national and international economy through policy commitment is the pathway for meeting these challenges. The Property Council believe that the Federal government has both the capacity and the responsibility, in consultation with States and local government, to plan for the long term with respect to industry and workforce development, the provision and maintenance of infrastructure and services, and environmental sustainability. All of which underlay where and how people live, work and prosper. Competitive strategies for cities begin with investment in the institutions that build a knowledge base and enhance cultural assets.
Successful cities are magnets for talent and capital.
Strong capital growth maintains a growing economic base, sustainable environments and underpins the social capital of a community, region and nation. Successful cities need new civic models and forms of governance. The outcomes for successful cities are greater life opportunities for all their citizens, the ability to retain their talented youth and attract new talents, through the growth of jobs and an increased and sustainable demand for products and services. The Property Council has an optimistic vision for the future of Australia's cities. Governments need to forge total solutions that focus on the global, regional and neighbourhood interests of all Australians.