Lord Mayor receives Brisbane’s economic action plan
26 May 2015 | Brisbane Marketing
A committee tasked with shaping the city’s economic development strategy for the next seven years has today handed down its report which outlines more than 100 recommendations.
The ‘Brisbane 2022 New World City Action Plan’, prepared by the Lord Mayor’s Economic Development Steering Committee, is the result of consultation with more than 1000 people including executives, entrepreneurs, students, government agencies, analysts, academics and leaders from the private public and not-for-profit sectors.
Lord Mayor Graham Quirk said the plan recommends a shift in the city’s approach to economic development.
“I now have to consider all the recommendations contained in the report – 40 of them have been identified as key priorities,” said the Lord Mayor after officially receiving the Plan at City Hall.
“I support the overriding theme suggesting the adoption of a New World City model to shape Brisbane’s economic development strategy and believe it heralds an exciting period of opportunity and prosperity for the city.
“This report is about positioning ourselves to drive job creation relevant to a globalising economy which benefits our whole community.
“Four years ago we delivered the Window of Opportunity plan that underpinned the city’s growth strategy beyond the resources boom.
“And again, we must continue to keep pace with change, tackle emerging challenges and take advantage of every opportunity.
“My aim is to ensure Brisbane’s influence as a serious player in the Asia Pacific region continues to grow and we are recognised globally as a new world city full of opportunity that attracts and retains talent.
“I anticipate the Brisbane 2022 New World City Action Plan will consolidate our efforts to date, set the direction for future initiatives, and drive the next wave of economic development through a collaborative ‘Team Brisbane’ approach.”
Brisbane Marketing board chairman Ian Klug said the report emphasises the importance of economic development system co-ordination and connectivity, identifies the city’s growth sectors, the need for proactive engagement of our next generation and the fulfilment of a Team Brisbane approach, with a wider South East Queensland outlook.
“I believe the priorities and recommendations contained in the report will determine how effectively we move forward as Australia’s New World City,” Mr Klug said.
“The multi-faceted components of what define a New World City have clear implications for how a city plans its growth and preserves an enviable lifestyle for residents and visitors.
“Using this thinking to guide its recommendations, the LMEDSC has highlighted seven economic priorities, identified eight specific industry growth sectors and 10 competitive platforms to lay the foundation of a New World City economy.
“We hand this report to the Lord Mayor confident that we have an extraordinary opportunity to deliver a bold step change that will bring with it a new kind of economic prosperity, one which has its focus firmly on the global economy.”
Lord Mayor Graham Quirk said he would consider the full implications of the report before announcing which key recommended actions would be adopted.
“This report sets the scene for economic prosperity but this is a whole of city project and I want to invoke the spirit of ‘Team Brisbane’ to collaboratively deliver initiatives that will ensure we achieve our goal of doubling the economy by 2035,” Cr Quirk added.
Members of the Lord Mayor’s Economic Development Steering Committee include:
- Ian Klug – Chairman of Brisbane Marketing
- Anna Rooke – CEO, QUT Creative Enterprise Australia
- Geoff McIntyre – Managing Director, Jones Lang Wootton Queensland
- Prof Max Lu - Provost and Senior Vice-President, University of Queensland
- Peter Savoff – General Manager Hotels, Anthony John Group
- Rachel Crowley – Head of Corporate Relations, Brisbane Airport Corporation
- Russell Shields – Chairman, Onyx Property Group
- Dr Russell Trood - Professor of International Relations, Griffith University
- Schalk Pienaar – Director, Croomo
- Sean Ryan – Queensland Director, News Corp Australia
- Shaun Munday - Managing Director, Place Design Group
- Wayne Gerard – CEO, RedEye