Canberra’s continuing population growth and urban expansion have many economic benefits for the ACT and its surrounding region. The sale of this land and the associated charges provide significant revenue for the ACT government. However, the new land for suburban development, which has been the signpost for the city’s development since the early twentieth century, is a finite resource.
This month’s Opportunities from Change talk will look at the options for sustaining the territory’s economy as the traditional source of suburban land sales declines and housing and other building works move, through necessity, to infill and redevelopment. Could this change in development activities possibly result in increased economic activity and growth for the territory and its surrounding region? Ted Quinlan, former ACT treasurer and deputy chief minister, will lead discussions on this topic.