House of Representatives Committees

| House of Representatives Standing Committee on Infrastructure, Transport, Regional Development and Local Government

Footnotes

Chapter 1 The global financial crisis and regional Australia

[1] Department of Foreign Affairs and Trade, about Australia fact sheet: Regional Australia, http://www.dfat.gov.au/facts/regional_australia.html, p. 3, accessed 8 September 2009.

[2] 2003 State of the Regions, http://dpl/Ejournals/State of theRegionsReport/INDEX.htm, accessed 17 September 2009.

[3] Department of Foreign Affairs and Trade, about Australia fact sheet: Regional Australia, http://www.dfat.gov.au/facts/regional_australia.html, p. 3, accessed 8 September 2009.

[4] A CDS is a form of insurance that allows for the transfer of credit risk without the transfer of an underlying asset, Dr Michael Porter, The economic collapse we did not have to have, Committee on Economic Development Australia, 25 August 2009, http://www.ceda.com.au/public/research/financial_crisis/porter.html, accessed 25 August 2009.

[5] Manningham City Council, Submission No. 32, p. 3.

[6] Media Release, Prime Minister of Australia, Global Financial Crisis, 12 October 2008.

[7] The impact of the global financial crisis to date has been less severe in Australia than other OECD countries. See OECD Economic Outlook 85 database.

[8] This was most evident in areas the Committee visited such as Broken Hill (mining), the Gold Coast (tourism) and Geelong (manufacturing).

[9] Regarding agriculture see, Department of Agriculture, Fisheries and Forestry, Submission No. 128, p. 3. Regarding tourism see, Mr Robert Wallace, Transcript 21 April 2009, p. 9.

[10] Mr Anthony Brun, Transcript 29 April 2009, p. 2.

Chapter 2 Impact of the GFC on regional business

[1] Media report, Surat Basin’s Newest Mine Creates Jobs, ABC Rural, 12 June 2009, http://www.abcnet.au/rural/resource/stories/s2596512.htm, accessed 26 August 2009.

[2] See, Government of Queensland, Submission No. 156, p. 3 & Townsville Enterprise, Submission No. 120, p. 11.

[3] Department of Resources, Energy and Tourism, Submission No. 35, p. 9.

[4] Department of Resources, Energy and Tourism, Submission No. 35, p. 9.

[5] Department of Resources, Energy and Tourism, Submission No. 35, p. 9.

[6] Department of Resources, Energy and Tourism, Submission No. 35, p. 9.

[7] Department of Resources, Energy and Tourism, Submission No. 35, p. 9.

[8] Ms Jane Madden, Transcript 14 August 2009, p. 72.

[9] Department of Resources, Energy and Tourism, Submission No. 35, pp. 10 & 11.

[10] Ms Jane Madden, Transcript 14 August 2009, p. 72 & Department of Resources, Energy and Tourism, Submission No. 35, p. 10.

[11] Mr Anthony Brun, Transcript 29 April 2009, p. 3.

[12] Mr Desmond Bilske, Transcript 7 July 2009, p. 2.

[13] Caterpillar Underground Mining Pty Ltd., Submission No. 75.

[14] Mr Paul Arnold, Transcript 20 April 2009, p. 6.

[15] Mr Lee Whitely, Transcript 20 April 2009, p. 20.

[16] Mr David Smith, Transcript 30 April 2009, p. 5.

[17] Department of Resources, Energy and Tourism, Submission No. 35, pp. 10 & 11.

[18] Department of Resources, Energy and Tourism, Submission No. 35, p. 10.

[19] Mr Graham Carters, Transcript 14 August 2009, p. 17.

[20] Mr Graham Carters, Transcript 14 August 2009, p. 18.

[21] Mr Graham Carters, Transcript 14 August 2009, p. 18.

[22] Mr Jon Sullivan MP, Transcript 14 August 2009, p. 19.

[23] The Jobs Fund is a $650 million dollar fund designed to support and create jobs and improve skills by funding projects that build community infrastructure and create social in local communities, DEEWR, http://www.deewr.gov.au/Employment/Pages/JobsFund.aspx, accessed 25 June 2009.

[24] Mr Graham Carters, Transcript 14 August 2009, p. 19.

[25] See successful Jobs Fund projects under Round 1 document, http://www.deewr.gov.au/Employment/Documents/Jobs_Fund_projects.pdf, accessed 4 September 2009.

[26] DEEWR, http://www.deewr.gov.au/Employment/Documents/LEC_FactSheet_13_July_2009.pdf, accessed 4 September 2009.

[27] Mr Christopher Stamford, Transcript 14 August 2009, p. 79.

[28] Geelong Manufacturing Council, Submission No. 131, p. 4.

[29] The Geelong Chamber of Commerce, Submission No. 129, p. 2.

[30] Geelong Manufacturing Council, Submission No. 131, p. 2.

[31] City of Wodonga, Submission No. 19, p. 1.

[32] Central Murray ACC, Submission No. 100, p. 4.

[33] Mr David Sykes, Transcript 22 April 2009, p. 46.

[34] Mr David Sykes, Transcript 22 April 2009, p. 47.

[35] Mr Stephen Payne, Transcript 14 August 2009, p. 34.

[36] Mr Stephen Payne, Transcript 14 August 2009, p. 34.

[37] Department of Innovation, Industry, Science and Research, Submission No. 169, p. 1.

[38] Mr Stephen Payne, Transcript 14 August 2009, p. 35.

[39] GrantsLINK, Geelong Investment and Innovation Fund, http://www.grantslink.gov.au/Info.aspx?NodeID=2&ResourceID=1829, accessed 7 September 2009.

[40] GrantsLINK, Geelong Investment and Innovation Fund, http://www.grantslink.gov.au/Info.aspx?NodeID=2&ResourceID=1829, accessed 7 September 2009.

[41] Mr David Sykes, Transcript 22 April 2009, pp. 49 & 50.

[42] Mr David Sykes, Transcript 22 April 2009, p. 48.

[43] The Geelong Chamber of Commerce, Submission No. 129, p. 2.

[44] Ms Catherine King MP, Transcript 14 August 2009, p. 35.

[45] Mr Evan Hall, Transcript 6 July 2009, p. 67.

[46] Ms Jane Madden, Transcript 14 August 2009, p. 72.

[47] Ms Jane Madden, Transcript 14 August 2009, p. 72.

[48] Tourism Australia, Tourism Forecasting Committee, Forecast 2009: Issue 1, Exhibit No. 29, p. 1.

[49] Ms Jane Madden, Transcript 14 August 2009, p. 72.

[50] Mr Evan Hall, Transcript 6 July 2009, p. 68.

[51] Gold Coast Tourism, Submission No. 166, p. 1.

[52] Gold Coast Tourism, Submission No. 166, p. 1.

[53] Gold Coast Tourism, Submission No. 166, p. 1.

[54] Mr Paul Donovan, Transcript 4 August 2009, p. 32.

[55] Northern Territory Government, Submission No. 145, p. 6.

[56] Northern Territory Government, Submission No. 145, p. 7.

[57] Mr Evan Hall, Transcript 6 July 2009, p. 68.

[58] Mr Peter Gordon, Transcript 30 April 2009, p. 38.

[59] Mr Glen Davis, Transcript 23 April 2009, p. 23.

[60] Mr Ross Hatton, Transcript 23 April 2009, p. 35.

[61] Mr Robert Wallace, Transcript 21 April 2009, p. 9.

[62] Mr Robert Wallace, Transcript 21 April 2009, p. 9.

[63] Mr Evan Hall, Transcript 6 July 2009, p. 71.

[64] Mr Evan Hall, Transcript 6 July 2009, p. 71.

[65] Mr Evan Hall, Transcript 6 July 2009, p. 71.

[66] Tourism and Transport Forum, Media Release: Tourism Needs a Shot in the Arm, 3 September 2009.

[67] Ms Jane Madden, Transcript 14 August 2009, p. 75.

[68] Ms Jane Madden, Transcript 14 August 2009, p. 75.

[69] Ms Jane Madden, Transcript 14 August 2009, p. 78.

[70] Ms Jane Madden, Transcript 14 August 2009, p. 78.

[71] Western Australia Local Government Association, Submission No. 71, p. 7.

[72] AusIndustry, TQUAL Grants, http://www.ausindustry.gov.au/Tourism/TQUALGrants/Pages/TQUALGrants.aspx, accessed 8 September 2009.

[73] Ms Jane Madden, Transcript 14 August 2009, p. 77.

[74] Ms Jane Madden, Transcript 14 August 2009, p. 79.

[75] Ms Jane Madden, Transcript 14 August 2009, p. 79.

[76] Mr Evan Hall, Transcript 6 July 2009, p. 78.

[77] Mr Evan Hall, Transcript 6 July 2009, p. 78.

[78] Mr Evan Hall, Transcript 6 July 2009, pp. 78 & 79.

[79] Mr Evan Hall, Transcript 6 July 2009, p. 80.

[80] Ms Jane Madden, Transcript 14 August 2009, p. 79.

[81] RET, Submission No. 35, p. 26.

[82] Mr Evan Hall, Transcript 6 July 2009, p. 80.

[83] Ms Jane Madden, Transcript 14 August 2009, p. 77.

[84] Mr Evan Hall, Transcript 6 July 2009, p. 80.

[85] Ms Jane Madden, Transcript 14 August 2009, p. 77.

[86] Tourism and Transport Forum, Submission No. 155, p. 6.

[87] Mr Paul Donovan and Mr Martin Winter, Transcript, 4 August 2009, p. 38.

[88] Mr Robin Edgecumbe, Transcript 7 July 2009, p. 14.

[89] Councillor Steve Harrison, Transcript 30 April 2009, p. 9.

[90] Property Australia, Value the new Mantra in the retail sector, 1 July 2009.

[91] See for example survey respondents’ comments in Economic Development Australia, Submission No. 110.

[92] The Courier Mail, Dramatic Fall in Retail Spending, 10 September 2009.

[93] ABC News, Business confidence hits six-year high, 8 September 2009.

[94] Mr Glen Stevens, Transcript 28 September 2009, Senate Economics References Committee, Government Economic Stimulus Initiatives reference, p. 12.

[95] Mr Greg Evens, Transcript 28 September 2009, Senate Economics References Committee, Government Economic Stimulus Initiatives reference, p. 57.

[96] Access Economics, Construction industry: Economic drivers and outlook, 27 July 2009, p. 5.

[97] Access Economics, Construction industry: Economic drivers and outlook, 27 July 2009, p. 9.

[98] Access Economics, Construction industry: Economic drivers and outlook, 27 July 2009, p. 9.

[99] Access Economics, Construction industry: Economic drivers and outlook, 27 July 2009, p. 6.

[100] ABC News, Construction decline continues but eases, 7 September 2009, http://www.abc.net.au/news/events/global-financial-crisis/, accessed 13 October 2009.

[101] ABC News, Construction decline continues but eases, 7 September 2009. http://www.abc.net.au/news/events/global-financial-crisis/, accessed 13 October 2009.

[102] Access Economics, Construction industry: Economic drivers and outlook, 27 July 2009, p. 16.

[103] Access Economics, Construction industry: Economic drivers and outlook, 27 July 2009, pp. 14 & 15.

[104] Access Economics, Construction industry: Economic drivers and outlook, 27 July 2009, p. 13.

[105] Mr Colin Dwyer, Transcript 3 September, p. 17.

[106] Mr Anthony Brun, Transcript 29 April, p. 3.

[107] Mid West Development Commission, Submission No. 143, p. 6.

[108] Mr David Smith, Transcript 30 April, p. 4.

[109] Mr John Witheriff, Transcript 4 August, pp. 4 & 5.

[110] Mr John Witheriff, Transcript 4 August, p. 5.

[111] See for example, Southern Inland Queensland ACC, Submission No. 114, p. 2.

[112] Central Murray ACC, Submission No. 100, p. 9.

[113] City of Mandurah, Submission No. 49, p. 8.

[114] ACC-Mackay Region, Submission No. 45, p. 7.

[115] National Farmers Federation, Submission No. 41, p. 3.

[116] Department of Agriculture, Fisheries and Forestry, Submission No. 128, p. 3.

[117] National Farmers Federation, Submission No. 41, p. 4 & Department of Agriculture, Fisheries and Forestry, Submission No. 128, p. 6.

[118] Mr Charles McElhone, Transcript 14 August 2009, p. 51.

[119] National Farmers Federation, Submission No. 41, p. 6.

[120] National Farmers Federation, Submission No. 41, p. 6.

[121] National Farmers Federation, Submission No. 41, p. 8.

[122] Ms Eva Down, Transcript 21 April 2009, p. 63.

[123] Ms Eva Down, Transcript 21 April 2009, p. 58.

[124] Mr Jim Cooper, Transcript 23 April 2009, p. 58.

[125] ACC Tasmania, Submission No. 80, p. 8.

[126] Mr Wayne Hosking, Transcript 29 April 2009, p. 46.

[127] Mr Wayne Hosking, Transcript 29 April 2009, p. 45.

[128] Mr Wayne Hosking, Transcript 29 April 2009, p. 50.

[129] Mr Wayne Hosking, Transcript 29 April 2009, p. 49.

[130] Department of Agriculture, Fisheries and Forestry, Submission No. 128, pp. 9-11.

[131] Mr Charles McElhone, Transcript 14 August 2009, p. 53.

[132] Mr Matt Granger, Transcript 30 April 2009, p. 57.

[133] Ms Eva Down, Transcript 21 April 2009, p. 55.

[134] Mrs Louise Southall, Transcript 6 July 2009, p. 58.

[135] Authorised Deposit Taking Institutions

[136] Mr David Bell, Transcript 6 July 2009, p. 44.

[137] Goulburn Mulwaree Council, Submission No. 113, p. 2.

[138] Mr Stephen Carroll, Transcript 6 July 2009, pp. 52-53.

[139] Mr Lawrie Miller, Transcript 22 April, p. 18.

[140] National Farmers’ Federation, Submission No. 41, p. 6.

[141] Mr David Bell, Transcript 6 July 2009, p. 47.

[142] Abacus, Submission No. 136, p. 1.

[143] Abacus, Submission No. 136, p. 4.

[144] Mr Mark Degotardi, Transcript 6 July 2009, p. 36.

[145] Abacus, Submission No. 136, p. 6.

[146] Abacus, Submission No. 136, pp. 5-6.

[147] Mr Mark Degotardi, Transcript 6 July 2009, p. 35.

[148] Senate Economics References Committee, Government measures to address confidence concerns in the financial sector – The Financial Claims Scheme and the Guarantee Scheme for Large Deposits and Wholesale Funding, September 2009, p. 19.

[149] Ms Louise Petschler, Transcript 6 July 2009, p. 34.

[150] Ms Louise Petschler, Transcript 6 July 2009, p. 34.

[151] Treasury, Submission No. 167, p. 1.

[152] Treasury, Submission No. 167, p. 1.

[153] Ms Louise Petschler, Transcript 6 July 2009, p. 34.

[154] Treasury, Submission No. 167, p. 3 & ABC News, Swan announces $8b mortgage market investment, 11 October 2009.

[155] Genworth, Submission No. 157, p. 4 & Abacus, Ms Louise Petschler, Transcript 6 July 2009, p. 34.

[156] Genworth Financial, Submission No. 157, p. 4.

[157] Mr Peter Hall, Transcript 6 July 2009, p. 12.

[158] Genworth cites a KPMG audit of Canada’s scheme which notes decreased lender and borrower costs as a result of the scheme, see Genworth Financial, Submission No. 157, p. 5.

[159] Canada Mortgage Bonds Program Evaluation: Final Report, prepared by KPMG LLP, June 2008, cited in Treasury, Submission No. 167, p. 5.

[160] Canada Mortgage Bonds Program Evaluation: Final Report, prepared by KPMG LLP, June 2008, cited in Treasury, Submission No. 167, p. 5.

[161] RBA cited in Treasury, Submission No. 167, p. 5.

[162] RBA cited in Treasury, Submission No. 167, p. 5.

[163] Treasury, Submission No. 167, p. 6.

[164] Treasury, Submission No. 167, p. 7.

[165] Treasury, Submission No. 167, p. 7.

[166] Ms Louise Petschler, Transcript 6 July 2009, p. 34.

[167] Canada Mortgage Bonds Program Evaluation: Final Report, prepared by KPMG LLP, June 2008, cited in Treasury, Submission No. 167, p. 4.

[168] Treasury, Submission No. 167, pp. 4-5.

[169] Mr Mark Degotardi, Transcript 6 July 2009, p. 35.

[170] Mr Mark Degotardi, Transcript 6 July 2009, p. 35.

[171] RBA, Submission No. 44, pp. 2-3, House of Representatives Standing Committee on Economics Inquiry into competition in the banking and non-banking sectors.

[172] Mr Richard Snabel, Transcript 14 August 2009, p. 36.

[173] Tamworth Regional Council, Submission No. 9, p. 1.

[174] NSW Business Chamber, Submission No. 122, p. 3.

[175] National Farmers’ Federation, Submission No. 41, p. 5.

[176] Mr Alan Berechree, Transcript 20 April 2009, p. 43.

[177] NSW Business Chamber, Submission No. 122, p. 3.

[178] Mr Lee Whitely, Transcript 20 April 2009, p. 24.

[179] Mr Richard Snabel, Transcript 14 August 2009, p. 37.

[180] Mr David Bell, Transcript 6 July 2009, p. 47.

[181] ABC News, Big drop in business lending, 15 April 2009, http://www.abc.net.au/news/stories/2009/04/15/2543093.htm, accessed 1 September 2009.

[182] Mr David Bell, Transcript 6 July 2009, p. 47 & Mr Mark Degotardi, Transcript 6 July 2009, p. 36.

[183] Mr Laurie Miller, Transcript 22 April 2009, p. 18.

[184] Media release by the Hon Dr Craig Emerson, Minister for Small Business, Independent Contractors and the Service Economy, ‘Banks to maintain funding to small business sector’, 6 March 2009.

[185] Media release by the Hon Wayne Swan, Treasurer, ‘Activation of car dealership financing special purpose vehicle (‘Ozcar’)’, 28 August 2009.

[186] Mr David Bell, Transcript 6 July 2009, p. 47.

[187] Ms Sue Weston, Transcript 14 August 2009, p. 37.

[188] Business.gov.au, Small Business Support Line, 3 September 2009, http://www.business.gov.au/Business+Entry+Point/News/Small+Business+Support+Line.htm, accessed 4 September 2009.

[189] Mr Robin Edgecumbe, Transcript 7 July 2009, p. 16.

[190] Mr David Bell, Transcript 6 July 2009, p. 44.

[191] Mrs Louise Southall, Transcript 6 July 2009, p. 59 & City of Wangaratta, Submission No. 23, p. 6.

[192] Mr Robin Edgecumb, Transcript 7 July 2009, p. 15.

[193] ABC News, Jobless figures weaken rate rise case, 10 September 2009.

[194] Advance Cairns, Submission No. 160, p. 2.

[195] Mrs Louise Southall, Transcript 6 July 2009, p. 59.

[196] Department of Innovation, Industry, Science and Research, Submission No. 169, p. 3.

[197] Ms Sue Weston, Transcript 14 August 2009, p. 28.

[198] Ms Sue Weston, Transcript 14 August 2009, p. 28.

[199] Minister Emerson, Media Release, Small business support line get the thumbs up, 20 October 2009.

[200] Department of Innovation, Industry, Science and Research, Submission No. 169, p. 2.

Chapter 3 Impact of the GFC on regional populations

[1] Department of Education, Employment and Workplace Relations, Australian Regional Labour Markets June Quarter 2009.

[2] Australian Bureau of Statistics, Labour Force, Australia, August 2009.

[3] ABC News, Working hour erosion tells the real story, 6 August 2009.

[4] ABC News, Downturn prompts offers to cut work hours, 16 September 2009.

[5] Keep Australia Working, Interim Report, p. 15.

[6] Keep Australia Working, Interim Report, p. 17.

[7] Keep Australia Working, Interim Report, p. 17.

[8] Mr Graham Carters, Transcript 14 August 2009, p. 25.

[9] Mr Donald Jones, Transcript 4 August 2009, pp. 16-17.

[10] For example see Mr Anthony Brun, Transcript 29 April 2009, p. 11.

[11] Dr Lisa McDonald, Transcript 3 September 2009, p. 30.

[12] Dr Lisa McDonald, Transcript 3 September 2009, p. 30.

[13] Mr Anthony Brun, Transcript 29 April 2009, pp. 11-12.

[14] Mr Rodney Greene, Transcript 20 April 2009, p. 12.

[15] Mackay Region ACC, Submission No. 45, p. 3.

[16] ABC News, Jobless figures weaken rate rise case, 10 September 2009.

[17] Mr Grant Sutherland, Transcript 22 April, p. 13.

[18] Mr Rodney Greene, Transcript 20 April 2009, p. 14.

[19] Mr Donald Punch, Transcript 30 April 2009, p. 30.

[20] Keep Australia Working, Interim Report, p. 15.

[21] DEEWR website, http://www.deewr.gov.au/Employment/KeepAustraliaWorking/Pages/home.aspx, accessed 21 October 2009.

[22] Professor Sue Kilpatrick, Transcript 22 April 2009, p. 31.

[23] Mr Grant Sutherland, Transcript 22 April, p. 13.

[24] Mr Paul Arnold, Transcript 20 April 2009, p. 6.

[25] Media Release, The Hon Gary Gray AO MP, Gray to Head Up Resource Jobs Taskforce, 2 October 2009.

[26] Ms Kristen Foster, Transcript 6 July 2009, p. 3.

[27] Ms Kristen Foster, Transcript 6 July 2009, p. 3.

[28] Ms Kristen Foster, Transcript 6 July 2009, p. 3.

[29] Ms Rebecca McIlveen, Transcript 7 July 2009, p. 49.

[30] Mrs Sherrie Wilkins, Transcript 7 July 2009, p. 51.

[31] Ms Rebecca McIlveen, Transcript 7 July 2009, p. 49.

[32] The Hon Wayne Swan, Media Release, Relieving Mortgage Stress, The Principles: A Common Approach For Assisting Borrowers Facing Financial Hardship, 5 April 2009.

[33] The Hon Wayne Swan, Media Release, Relieving Mortgage Stress, The Principles: A Common Approach For Assisting Borrowers Facing Financial Hardship, 5 April 2009.

[34] Ms Kristen Foster, Transcript 6 July 2009, p. 3.

[35] Mr Peter Hall, Transcript 6 July 2009, p. 7.

[36] Ms Kristen Foster, Transcript 6 July 2009, p. 4.

[37] Mr Peter Hall, Transcript 6 July 2009, p. 9.

[38] Mr Alan Kirkland, Transcript 6 July 2009, p. 20.

[39] Mr Joseph Catanzariti, Transcript 6 July 2009, p. 22.

[40] Mr David Bell, Transcript 6 July 2009, p. 46.

[41] Ms Rebecca McIlveen, Transcript 7 July 2009, p. 51.

[42] Ms Kristen Foster, Transcript 6 July 2009, p. 4.

[43] Australian Bureau of Statistics, Labour Force, Australia, August 2009.

[44] Mr Peter Hall, Transcript 6 July 2009, p. 6.

[45] ABC News, Delinquent mortgages continue declining: Fitch, 10 September 2009.

[46] Department of Human Services, Submission No. 154, p. 4.

[47] Department of Human Services, Submission No. 154, p. 4.

[48] Mayor Patricia Creevey, Transcript 1 May 2009, p. 15.

[49] Peel Community Development Group, Submission No. 142, p. 1.

[50] NSW Legal Assistance Forum, Submission No. 148, p. 3.

[51] Peel Community Development Group, Submission No. 142, p. 2.

[52] NSW Legal Assistance Forum, Submission No. 148, p. 6.

[53] NSW Legal Assistance Forum, Submission No. 148, p. 6.

[54] Mayor Patricia Creevey, Transcript 1 May 2009, p. 41.

[55] Central Murray ACC, Submission No. 100, p. 9.

[56] Ms Donna Selby, Transcript 1 May, p. 40.

[57] Mr Paul Arnold, Transcript 20 April 2009, p. 14.

[58] Ms Catherine Rule, Transcript 14 August 2009, p. 41.

[59] See Transcript 14 August 2009, pp. 39-50.

[60] Ms Catherine Rule, Transcript 14 August 2009, p. 41.

[61] Mr Alan Kirkland, Transcript 6 July 2009, p. 29.

[62] Mr Alan Kirkland, Transcript 6 July 2009, p. 29.

[63] Ms Moya Drayton, Transcript 6 July 2009, p. 44.

[64] See also Ms Stephanie Foster, Transcript 14 August 2009, p. 9.

[65] Mr Graham Carters, Transcript 14 August 2009, p. 20.

[66] Ms Moya Drayton, Transcript 6 July 2009, p. 49.

[67] G21, Submission No. 33, pp. 6-7.

Chapter 4 Impact of the GFC on local government

[1] Department of Infrastructure, Transport, Regional Development and Local Government, Submission No. 153, p. 5.

[2] Mr Adrian Beresford-Wylie, Transcript 14 August, p. 65.

[3] Australian Local Government Submission to Productivity Commission study into local government sources revenue, July 2007.

[4] National Sea Change Task Force, Submission No. 43, p. 13 & City of Townsville, Submission No. 68, p. 13.

[5] City of Mandurah, Submission No. 49, p. 4.

[6] Mr Mark Newman, Transcript 1 May 2009, pp. 7-8.

[7] Mr Grayson Perry, Transcript 4 August 2009, p. 13.

[8] Councillor Wesley Hartley, Transcript 30 April 2009, pp. 2-3.

[9] Mr Dean Unsworth, Transcript 1 May 2009, pp. 4-5.

[10] Department of Infrastructure, Transport, Regional Development and Local Government, Submission No. 153, p. 5.

[11] Department of Infrastructure, Transport, Regional Development and Local Government, Submission No. 153, p. 5.

[12] Gold Coast City Council, Submission No. 74, p. 16.

[13] Gold Coast City Council, Submission No. 74, p. 16.

[14] Michael Cole, Review of NSW Local Government Investments: Final Report, April 2008, p. 7.

[15] Mr Desmond Bilske, Transcript 7 July 2009, p. 6.

[16] Mr Desmond Bilske, Transcript 7 July 2009, p. 6.

[17] Michael Cole, Review of NSW Local Government Investments: Final Report, April 2008, p. 9.

[18] Michael Cole, Review of NSW Local Government Investments: Final Report, April 2008, p. 10.

[19] Mr Adrian Beresford-Wylie, Transcript 14 August, p. 65.

[20] Michael Cole, Review of NSW Local Government Investments: Final Report, April 2008, p. 10.

[21] Michael Cole, Review of NSW Local Government Investments: Final Report, April 2008, p. 11.

[22] NSW Department of Local Government, Circular to Councils No. 06-70: Investment Requirements for NSW Councils, 27 November 2006, pp. 2-3.

[23] Mr Desmond Bilske, Transcript 7 July 2009, p. 6.

[24] Michael Cole, Review of NSW Local Government Investments: Final Report, April 2008, p. 6.

[25] See NSW Department of Local Government, Draft Investment Policy Guidelines, May 2009, http://www.dlg.nsw.gov.au/DLG/DLGHome/documents/Information/draft%20investment%20policy%20guidelines.pdf, accessed 24 September 2009.

[26] NSW Department of Local Government, Circular to Councils No. 06-70: Investment Requirements for NSW Councils, 27 November 2006, p. 3.

Chapter 5 Strengthening Australia’s regions

[1] Bureau of Transport and Regional Economics, Working Paper 55, Government Interventions in Pursuit of Regional Development: Learning from Experience, June 2003, p. 17.

[2] Bureau of Transport and Regional Economics, Working Paper 55, Government Interventions in Pursuit of Regional Development: Learning from Experience, June 2003, pp. 17-18.

[3] Bureau of Transport and Regional Economics, Working Paper 55, Government Interventions in Pursuit of Regional Development: Learning from Experience, June 2003, p. 24.

[4] Bureau of Transport and Regional Economics, Working Paper 55, Government Interventions in Pursuit of Regional Development: Learning from Experience, June 2003, p. 24.

[5] Bureau of Transport and Regional Economics, Working Paper 55, Government Interventions in Pursuit of Regional Development: Learning from Experience, June 2003, pp. 24-25.

[6] Bureau of Transport and Regional Economics, Working Paper 55, Government Interventions in Pursuit of Regional Development: Learning from Experience, June 2003, p. 25.

[7] Bureau of Transport and Regional Economics, Working Paper 55, Government Interventions in Pursuit of Regional Development: Learning from Experience, June 2003, p. 25.

[8] Bureau of Transport and Regional Economics, Working Paper 55, Government Interventions in Pursuit of Regional Development: Learning from Experience, June 2003, p. 24.

[9] Regional Development Australia website, About the ACC Network, http://www.rda.gov.au/about_the_acc_network/index.aspx, accessed 25 September 2009.

[10] The Hon Maxine McKew MP, Media Release, Regional Development Australia – NT Appointments, http://www.minister.infrastructure.gov.au/mm/releases/2009/July/mm019_2009.htm, accessed 25 September 2009.

[11] OECD, Policy Brief: How Regions Grow, March 2009, p. 5.

[12] OECD, Policy Brief: How Regions Grow, March 2009, p. 5.

[13] OECD, Policy Brief: How Regions Grow, March 2009, p. 5.

[14] OECD, Policy Brief: How Regions Grow, March 2009, p. 6.

[15] Dr Steven Kennedy, Australia’s Response to the Global Financial Crisis: A speech to the Australia Israel Leadership Forum, 24 June 2009, p. 11.

[16] Mr Greg Evans, Senate Economics References Committee, Reference: Government Economic Stimulus Measures, Transcript 28 September 2009, p. 54.

[17] Andrew Beer, Alarci Maude & Bill Pritchard, Developing Australia’s Regions: theory and practice, UNSW Press, 2003, p. 199.

[18] Mid-Western Regional Council, Submission No. 60, p. 3.

[19] Andrew Beer, Alarci Maude & Bill Pritchard, Developing Australia’s Regions: theory and practice, UNSW Press, 2003, p. 199; and Mayor David Smith, Transcript 30 April 2009, pp. 5-6; Councillor Steven Dilley, Transcript 30 April 2009, p. 7; Councillor Steven Harrison, Transcript 30 April 2009, p. 9; Councillor Wesley Hartley, Transcript 30 April 2009, p. 18.

[20] Mr Jeff Steward, Transcript 28 September 2009, p. 3.

[21] Municipal Association of Victoria, Submission No. 26, p. 11.

[22] Mr Anthony Brun, Transcript 29 April 2009, pp. 14-15.

[23] Department of Broadband, Communications and the Digital Economy, Submission No. 25, p. 2.

[24] Department of Broadband, Communications and the Digital Economy, Submission No. 25, p. 4.

[25] OECD, Policy Brief: How Regions Grow, March 2009, p. 6.

[26] OECD, Policy Brief: How Regions Grow, March 2009, p. 6.

[27] OECD, How Regions Grow: trends and analysis, 2009, p. 69.

[28] Professor Andrew Vann, Transcript 3 September 2009, p. 14.

[29] Professor Andrew Vann, Transcript 3 September 2009, p. 14.

[30] Deakin University, Submission No. 11, pp. 1-2.

[31] Mr Colin Dwyer, Transcript 3 September 2009, pp. 13-14.

[32] Professor Sue Kilpatrick, Transcript 22 April 2009, p. 23.

[33] G21 is a company established in 2003 by an alliance of five local government authorities (City of Greater Geelong, Colac Otway Shire, Golden Plains Shire, Borough of Queenscliffe and Surf Coast Shire) with the support of the State Government of Victoria and a wide range of local organisations. Membership spans all three levels of government, non-government organisations, commercial companies and community groups.

[34] Deakin University, Submission No. 11, p. 2.

[35] See Deakin University, Submission No. 11, p. 2.

[36] Professor Andrew Vann, Transcript 3 September 2009, p. 15.

[37] Professor Sue Kilpatrick, Transcript 22 April 2009, p. 24.

[38] Professor Andrew Vann, Transcript 3 September 2009, p. 21.

[39] Review of Higher Education: Final Report, p. 31, http://www.deewr.gov.au/highereducation/review/pages/reviewofaustralianhighereducationreport.aspx, accessed 21 October 2009.

[40] Deakin University, Submission No. 11, p. 3.

[41] University of Ballarat, Submission No. 77, p. 5.

[42] Department of Education, Employment and Workplace Relations, Strengthening Regional Higher Education Provision, http://www.deewr.gov.au/HigherEducation/Documents/PDF/Pages%20from%20A09-303%20Budget%20Fact%20Sheets-11_webaw.pdf, accessed 6 October 2009.

[43] Professor David Battersby, False start for national university, Campus Review, 3 August 2009.

[44] Professor Tony Sorensen, Parliamentary Library, Research Paper 26: 1999-2000, Regional Development: Some Issues for Policy Makers, 27 June 2000, p. 10.

[45] Mr Chris Burchett, Transcript 23 April 2009, p. 40.

[46] Prime Minister of Australia, Media Release, New Australian Centre of Excellence for Local Government, 24 June 2009.

[47] Mr Adrian Beresford-Wylie, Transcript 14 August 2009, p. 64.

[48] The program is offered by Volunteering Queensland and is supported by the City of Ipswich and RDA SEQ West. See, www.qorf.org.au/_.../CLP%20Nomination%20Form%202009.pdf, accessed 22 October 2009.

[49] Mr Paul Arnold, Transcript 20 April 2009, p. 2.

[50] Mr Rodney Greene and Mr Paul Arnold, Transcript 20 April 2009, p. 7

[51] Mr Paul Arnold, Transcript 20 April 2009, p. 10.

[52] Dr Andrew Scott, Transcript 22 April 2009, p. 19.

[53] Robin Edgecumbe, Transcript 7 July 2009, p. 23.

[54] Robin Edgecumbe, Transcript 7 July 2009, p. 24.

[55] Mr Paul Sexton, Transcript 14 August 2009, p. 30.

[56] Mr Clyde Humphries, Transcript 23 April 2009, p. 32.

[57] See http://www.ausindustry.gov.au/SmallBusiness/Pages/home.aspx, accessed 21 October 2009.

[58] Mr Paul Sexton, Transcript 14 August 2009, p. 30.

[59] See for example, Mr Peter Gordon, Transcript 30 April 2009, pp. 43-44.

[60] Dr Andrew Scott, Transcript 22 April 2009, p. 19.

[61] Mr Paul Sexton, Transcript 14 August 2009, p. 30.

[62] Mr Paul Sexton, Transcript 14 August 2009, p. 30.

[63] Mr Paul Sexton, Transcript 14 August 2009, p. 30.

[64] Mr Paul Sexton, Transcript 14 August 2009, p. 30 & ACC – South East NSW, Submission No. 117, p. 3.

[65] OECD, Policy Brief: How Regions Grow, March 2009, p. 6.

[66] OECD, Policy Brief: How Regions Grow, March 2009, pp. 6-7.

[67] Ms Stephanie Foster, Transcript 14 August 2009, p. 9.

[68] Ms Stephanie Foster, Transcript 14 August 2009, pp. 9-10.

[69] Mr Graham Carters, Transcript 14 August 2009, p. 20.

[70] Mr Graham Carters, Transcript 14 August 2009, p. 20.

[71] Ms Stephanie Foster, Transcript 14 August 2009, p. 1.

[72] Mr Mark Salmon, Transcript 4 August 2009, pp. 63-64.

[73] Mr Damien Ryan, Transcript 28 September 2009, p. 30.

[74] Mr Evan Hall, Transcript 6 July 2009, pp. 78-79.

[75] Role of RDA, http://www.rda.gov.au/index.aspx, accessed 8 October 2009.

[76] Mr Marcus James, Transcript 14 August 2009, p. 5.

[77] Ms Stephanie Foster, Transcript 14 August 2009, p. 6 & Mr Adrian Beresford-Wylie, Transcript 14 August 2009, p. 62.

[78] Ms Stephanie Foster, Transcript 14 August 2009, p. 6.

[79] Mr Marcus James, Transcript 14 August 2009, p. 10.

[80] Ms Stephanie Foster, Transcript 14 August 2009, p. 10.

[81] Mr Marcus James, Transcript 14 August 2009, p. 10.

[82] Local Employment Coordinator Fact Sheet, http://www.deewr.gov.au/Employment/Pages/JobsFund.aspx, accessed 19 October 2009.

[83] Keep Australia Working, Final Report, p. 17, http://www.deewr.gov.au/Employment/KeepAustraliaWorking/Pages/home.aspx, accessed 19 October 2009.

Appendix D – The Canadian Mortgage Bond Program

[1] Treasury, Submission No. 167, p. 1.

[2] Treasury, Submission No. 167, p. 1.

[3] Treasury, Submission No. 167, p. 1.

[4] Treasury, Submission No. 167, p. 1.

[5] Treasury, Submission No. 167, p. 2.

[6] Treasury, Submission No. 167, p. 2.

[7] Treasury, Submission No. 167, p. 2.