The Regional Australia Institute (RAI) is pleased to provide a submission to guide the 2023-2024 Federal Budget formation.
The RAI was established by the Gillard Labor Government in 2011, under the auspice of the then Minister for Regional Development, the Hon Simon Crean. Prime Minister Gillard and Minister Crean recognised the need for independent evidenced-based research to guide regional and policy and investment into the future.
Based on more than a decade of research into the most important issues influencing the regions, in 2022 RAI launched the Regionalisation Ambition 2032 - A Framework to Rebalance the Nation (the Ambition).
Designed for all levels of government, industry and the community, the Ambition seeks more balanced growth across our nation’s regional communities and capital cities. The Framework underpinning the Ambition outlines cross-cutting themes and five pillars each of which are interlinked and equally important. Across each pillar the RAI has outlined key targets, actions and benefits that will contribute to building prosperous regional communities, and a stronger Australia.
In the Albanese Government’s first Budget in 2022 a momentous step was taken towards a Wellbeing Budget and we welcome this work.
In ‘Measuring what Matters’ the RAI commends the Government on building a policy framework with the potential the close the inequities that have existed for far too long between metropolitan Australia and regional areas – this is Regionalisation at work.
Pre Budget Submission 2023-24
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