The purpose of place: Reconsidered
Why place matters
The fifth edition of our Building the Lucky Country series reconsiders the purpose of place. By collaborating to make place a driver of productivity and prosperity, Australia can unlock enormous potential.
We believe that it’s not enough for Australia to ride our luck. We also have to make it.
With this in mind, our Building the Lucky Country series has been developed to prompt debate and conversations across business, industry associations, government, the media, and the wider community on issues facing the Australian economy.
Our fifth report urges a reconsideration of the purpose of place, and the importance of creating flourishing and productive communities.
Many believe that technology has trumped the tyranny of distance – and that place no longer matters. We believe the opposite is occurring, with place becoming more important as economies are transformed by knowledge-intensive activities.
Place transcends landscape, climate, and buildings. It’s about people and what they produce, the quality of life beyond work, the effectiveness of government, and the momentum of business.
In this year's report we consider:
- Why place matters
- Place in an Australian context
- A five-way classification of regions
- Ten dimensions for measuring prosperity
- Four dynamic forces that interact to catalyse flourishing in place
- Four ‘actors’ with much to contribute, and much to gain
- Where to start and who can act.
Deloitte's Building the Lucky Country series
Australia is a lucky country, with a bright future. But we have a problem – and its colour is red. Red tape, that is. There’s too much of it…and we need to address the grip it has on our economy.
Where will Australia’s future growth come from? How can business and government leaders make the right decisions to position for prosperity?
In Digital disruption - Short fuse, big bang? Deloitte identified 13 industries comprising 65% of the Australian economy that are facing significant disruption by 2017.
The first report in our Building the Lucky Country series, addresses the positive actions business and government can take to maintain momentum in the face of a looming national skills shortage.