Northern Eye – Townsville: March 2024
Regional Economic Advisory and Urban Planning North have teamed with Townsville Chamber to release the March edition of the Northern Eye, this quarter taking a deep dive into the Townsville market from an economics and planning perspective.
Townsville and the broader national economy appear to be at tipping point, with higher operating and borrowing costs catching up to the post-COVID growth period.
Townsville will not escape the 2024/25 downturn unscathed with significant economic links to world trade and commodity markets, with several major economies already in recession. However, it remains well-positioned for long-term growth. Keys to unlocking this growth include economically viable higher density housing options and catching the lagging perception up to the reality of Townsville as a top regional destination to live, work and invest after the difficult social and economic years leading up to COVID.
This issue looks at the Townsville Economic Outlook and Labour Market, and explores opportunity around Gentle Density, the current buzzword in urban planning.
DOWNLOAD THE REPORT: Northern Eye March 2024
BD Mag: Meeting the Need for Regional Economic Insights – November 16, 2023
Regional Economic Advisory was featured in BD Mag discussing our offering in the regional marketplace.
In the article, Matt discusses the ongoing regional growth and the need for focused regional economic insights, despite disruption in the macroeconomy and broader consulting industry.
“We have invested in the databases and benchmarking to be able to turn around analysis quickly, but we also have the industry experience and relationships on the ground to make sure that our recommendations are robust and stand up to scrutiny. We stand behind our analysis and dig deeper than can be done with an off-the-shelf product, but we keep our overheads lean to meet the budget needs of a regional client base. Everybody needs to be ‘on the tools’ so to speak (especially me!), it’s important that the people that make the decisions are on the ground and in touch with the community.”
Read the full article here: Meeting the Need for Regional Economic Insights.
Northern Exposure – June 2023
Regional Economic Advisory and Offermans Partners release the June issue of the Northern Exposure 2023, offering a deep dive into the economies of Regional Queensland and looking at the trends of our key centres across North and Far North Queensland, the Outback, Mackay, Issac and Whitsunday and Central Queensland.
This issue also features an up close profile of regional population trends. The regional population surge is currently driving economic growth for the North, but how long will it last?
Download a copy of the Northern Exposure June 2023 here.
Townsville Chamber of Commerce Business Matters Lunch – May 2023
Matthew Kelly, Principal Economist REA, was pleased to present and join the esteemed panellists at the recent Business Matters Lunch held by Townsville Chamber of Commerce at the Ville Resort & Casino, Townsville. The lunch was well attended by local businesses interested in the financial, business, and economic impacts and opportunities for the region.
Matt outlined the regional outlook, took a closer look at the global and local data, and explored themes of Growth, Inflation and Recession. Following the presentation, Julie Johnston facilitated a live panel where Matt joined Lisa Hewitt, Regional Executive for NQ, ANZ and Chris Christensen, Senior Project Manager, and local property investor to unpack key issues facing regional businesses.
Regional Economic Advisory thanks Townsville Chamber of Commerce for the opportunity to be part of the Business Matters series and look forward to supporting future Chamber events for the local business community.
Northern Exposure – March 2023
Regional Economic Advisory and Offermans Partners are pleased to release the first issue of the Northern Exposure for 2023, offering a deep dive into the economies of Regional Queensland and looking at the trends of our key centres across North and Far North Queensland, the Outback, Mackay, Issac and Whitsunday and Central Queensland.
This issue also features an up close profile of the Copperstring 2.0 project with a particular look at macro-economic factors.
Download a copy of the Northern Exposure Q1 2023 Report here.
Northern Exposure – December 2022
Regional Economic Advisory and Offermans Partners are pleased to re-release the popular Northern Exposure – a regional outlook of economic indicators and key projects across North and Far North Queensland, the Outback, Mackay, Issac and Whitsunday and Central Queensland.
This issue also features an up close profile of the Construction industry with a particular look at how some macro-economic factors are affecting major projects in the region.
From REA and Offermans, we wish you a happy and safe holiday, and a prosperous new year.
Download a copy of the Northern Exposure Q4 2022 Report here.
Townsville & North West Queensland Regional Employment Trends – November 2022
In this snapshot report, Regional Economic Advisory provides coverage and commentary on the regional workforce trends affecting key industries across the North, Mid West and Western Queensland region with a view of the recent release of the 2021 employment data.
Download a copy of the Townsville & North West Queensland Regional Employment Trends Report published in November 2022.
Northern & Central Queensland Economic Insights – August 2022
Regional Economic Advisory provides a Central and Northern Queensland-wide regional perspective on economic trends and impacts to facilitate understanding and discussion of the macro and regional issues driving our regional resilience and prosperity. This edition also gives commentary on current issues from the REA team and features a regional report on the rental crisis currently facing the central-northern region.
Download a copy of the Economic Insights published in August 2022.
Townsville and North West Queensland Economic Outlook 2021-2022: Quarterly Issues 1-5
The Economic Outlook is a project developed in partnership with Regional Development Australia Townsville and North West Queensland to provide a quarterly snapshot of the economic landscape and major initiatives under development across the regions of Northern Queensland. The project was initiated in 2021 and has continued through to 2022.
Download the latest copy of the Economic Outlook Issue 5 released in March this year.
Townsville Economic Review 2021 – 2022
This Review was developed in collaboration with Townsville Chamber of Commerce, PVW Partners and Regional Economic Advisory toward the end of 2021 to outline the critical economic issues, opportunities and strategic priorities driving growth and resilience for Townsville – particularly as impacted by the Covid-19 pandemic.
Listen to Matthew and the team discuss the findings – search ‘Townsville ChamberCast’ via your preferred podcasting platform.
Download the Townville Economic Review 2021 – 2022 or the summarised Report Snapshot
