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Investing in Australian cities: the legacy of the Better Cities Program

Policy Online carries a link (13.5.16) to a QUT report investigating the results of government investment in the 1990s into city-based projects and urban development. The report, commissioned by the Queensland branch of the Property Council of Australia, finds that the investments led to significant urban renewal and long-term economic benefits.

‘The Federal Government’s Better Cities Program (BCP) of the early 1990s is credited with providing the financial stimulus that facilitated the nation’s long term economic growth. This $814m package was invested in 26 strategic projects around the country. In each case, this Federal investment was matched by state funding and provided the catalyst to unlock the economic growth potential of Australian cities and regions.’

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