Skip to main content
Economy

Economy

Economic growth, agglomeration, and connectivity. Attracting human capital, facilitating innovation and participating in global markets.

Economic growth, agglomeration, and connectivity. Attracting human capital, facilitating innovation and participating in global markets

Cities are the main contributor to Australia’s economy generating around 80 per cent of the nation’s GDP. Facilitating economic growth is the most prominent rationale in urban policies to shape the development of Australia’s cities. The economic structure of Australia’s cities is changing due to the shift from manufacturing to service- and knowledge industries. Urban policies respond to this in a range of ways, such as; promoting the attractiveness of central business districts to global companies, unlocking the value of innovative industries through agglomeration, and embracing new technologies to ensure ongoing productivity.

The Brief on ‘economy’ addresses ways urban policies are aiming to achieve productivity growth by clustering economic activities, increasing connectivity and facilitating structural changes in Australian cities.