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Regional Australia Council 2031 Launched

Australia
Uncategorized
Regulatory & Government

(5 May 2020 – Australia) Deputy Prime Minister Michael McCormack has officially launched the new Regional Australia Council 2031 (RAC2031) via Zoom conference call.

The initiative seeks to use the collective knowledge and influence of council members to help transform regional Australia featuring founding members including Bendigo and Adelaide Bank, CBA, Expedia, Telstra and KPMG. The RAC2031 will be guided by evidence-based research relating to jobs, population, livability and leadership and focus on what can be achieved to improve success in the regions. The group will meet quarterly, with the next meeting scheduled for July.

“Regional Australia is a fantastic place to live, work and raise a family. I'd love to see more people moving out of the busy capital cities and explore what our regional centres have to offer” Deputy Prime Minister Mr McCormack stated.

“The council will focus on areas that will help the regions succeed. Being part of the council, our role will be to act as a champion and advocate for this region”  stated Bendigo and Adelaide Bank Corporate and Public Affairs General Manager, Robert Musgrove.

“We have discussed how different companies were navigating the impacts of COVID-19. An immediate outcome is that we recognise we have a lot of learning and experience that can be shared and best practice drawn from some of those companies. Regional Australia is an engine room for our economy. When we think about regional Australia, almost one third of Australia's GDP before coronavirus was from regional Australia. Two thirds of our goods that are sold globally come from regional and rural Australia” Mr Musgrove added.

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