SEQ mayors to highlight opportunities in development industry

10 / Oct / 2013 | News

Nine South East Queensland mayors will lead an industry panel discussion on economic development as part of an Urban Development Institute of Australia (Queensland) business breakfast tomorrow morning.

Council of Mayors (SEQ) Chairman Cr Graham Quirk said the event was an opportunity for the mayors to talk directly to property developers about how councils and industry could work together to drive economic growth.

“Although each of our regions is different, many of the issues we face are quite similar,” Cr Quirk said.

“We all need to manage growth, improve planning, strengthen economies, preserve communities and protect environments to secure long term success and prosperity for the people of South-East Queensland.

“The property development industry generated more than $18 billion in value last financial year and is an instrumental driver for economic growth in Queensland.

“The population of the SEQ region is expected to hit 4.4 million by 2031 and we must have the infrastructure and services in place to improve productivity and manage cost of living pressures.

“Population growth of that magnitude brings big opportunities for the property industry – as an example more than 17,000 hectares of land have been identified for residential and commercial developments.”

Cr Quirk said over the past months, a number of regional councils had released their draft local plans and the Queensland Government was currently reviewing the SEQ Regional Plan.

“This planning at both a local and state level has highlighted the opportunities for the development industry to be part of shaping the future of South East Queensland,” he said.

“Ultimately, regional government leaders and industry need to continue working collaboratively to deliver a strong economy and jobs growth and events like this are just part of the process.”

The UDIA Queensland Immediate Past President Warren Harris said the industry was excited by the strong economic development message delivered at the Institute’s SEQ mayors event last year and is looking forward to hearing what’s next.

“The UDIA (Qld) congratulates the SEQ Councils on their progressive works over the past 12 months,” Mr Harris said.

“They continue to deliver on more affordable housing, job opportunities and overall growth within their local areas.

“While the development industry is currently the fourth largest industry and employer in Queensland, prior to the GFC we were the second.

“The breakfast will provide some important insight into how we as an industry can re-establish ourselves at the top of the order in terms of revenue and employment.

“We look forward to hearing from the SEQ Councils tomorrow and continue working with them on further improvements to the planning and development assessment system so the industry can prosper.”

SEQ Mayors representing Brisbane, Sunshine Coast, Moreton Bay, Ipswich, Logan, Toowoomba, Redland, Scenic Rim and Somerset Councils will participate in the panel discussion facilitated by ABC political journalist, Chris O’Brien.