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THE TABLELANDS ONE BIG ECONOMY Mareeba Chamber of Commerce Inaugural Economic Development Forum Ref: J2123 14 August 20

THE TABLELANDS ONE BIG ECONOMY Mareeba Chamber of Commerce Inaugural Economic Development Forum Ref: J2123 14 August 2008. W S (Bill) Cummings CUMMINGS ECONOMICS. Queensland’s Northern and Central Regions & Regional Capitals.

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THE TABLELANDS ONE BIG ECONOMY Mareeba Chamber of Commerce Inaugural Economic Development Forum Ref: J2123 14 August 20

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  1. THE TABLELANDS ONE BIG ECONOMYMareeba Chamber of CommerceInaugural Economic Development ForumRef: J212314 August 2008 W S (Bill) Cummings CUMMINGS ECONOMICS

  2. Queensland’s Northern and Central Regions & Regional Capitals

  3. CAPITAL OF A LARGE, PREVIOUSLY UNDERDEVELOPED, RESOURCE RICH FRONTIER REGION The Tropical North Queensland region serviced by the city of Cairns is 1½ times the size of Victoria. It is as deep from north to south as the State of New South Wales, in area as large as the British Isles, and about the size of California.

  4. TABLELANDS COMPARED WITH TASMANIA

  5. TROPICAL - • Initial challenges to technology from north west Europe. • Late settled. • Initially slow to develop. • Now catching up.

  6. LATE 90’S SLOW GROWTH PERIOD • Asian Crisis – mineral prices. • Asian Crisis – tourism. • Tobacco industry closure. • Dairying deregulation. • Slower growth of whole region.

  7. Value of Agricultural Production CROPS

  8. TOURISM RESOURCESTourism Growth Phases

  9. MINING EMPLOYMENT UP

  10. ADDITIONAL PROCESSING TABLELANDS INCLUDE: • Sugar mill. • Poultry. • Stockfeeds. • Stock licks and supplements. • Wines. • Dairy products. • Chocolates. • Coffee. • Timber.

  11. OTHER FACTORS INCLUDE: • DECENTRALISED REGIONAL FACILITIES. • BUILDING AND LANDSCAPING RAW MATERIALS AND BRICKS. • LIFESTYLE MOVEMENTS.

  12. GOOD REASONS FOR CONTINUING OPTIMISM

  13. A diversity of microclimates and production reduces vulnerability

  14. THE REGION ACCOUNTS FOR 26% OF AUSTRALIA’S WATER RUNOFF

  15. (1)Note : Supply – Production, Imports, Stock less exports. Source : Cummings Economics from FAO (website).

  16. HIGH OIL PRICES AND CLIMATE CHANGE RESPONSES  INCREASED BIOFUEL PRODUCTION  NEED FOR EXPANDED AGRICULTURAL PRODUCTION

  17. BIO TECHNOLOGY • TROPICAL LAG CLOSING • NEW BIO TECH PRODUCTS • Bio pharmaceuticals • Nutriceuticals • Cosmeceuticals • Bio fuels • Bio energy • Bio degradable fibres • Bio degradable plastics • Industrial – chemicals, paints, etc.

  18. Source : Cummings Economics from UN Statistics.

  19. MINING GROWTH . . . . . • Support/Need for New Infrastructure. • Possible New Industrial Development Opportunities.

  20. TOURISM PROSPECTS LIKELY TO CHANGE . . . . . • Fuel cost – locals at home. • Baby boomer grey nomads. • Downward correction in the Australian dollar. • New airline capacity.

  21. TOURISM GROWTH A NEW PHASE IN SIGHT New Generation of Aircraft in 2009 Boeing Dreamliners Airbus A380

  22. NEW TOURISM MARKETS EMERGING, EG. CHINA

  23. IMPLICATIONS FOR TABLELANDS • SOUTHERN TABLELANDS • Continuing agricultural intensification and diversification. • Continuing major focus for tourism growth. • Continuing major focus of lifestyle population movements.

  24. NORTHERN TABLELANDS • Major irrigation expansion (Nullinga), (also Mt Garnet area). • Focus of cattle industry services. • Focus of mining industry services. • Industrial expansion for mining industry and diversion from coast. • Any airport services diversion. • Transport hub.

  25. TRANSPORT INFRASTRUCTURE DEVELOPMENT VITAL . . . • KURANDA RANGE ROAD – LARGE FREIGHT EFFICIENT VEHICLES. • CAPE YORK and MITCHELL RIVER FEEDER ROADS. • ROAD TRAIN ROUTE – FROM MAREEBA VIA PETFORD/ALMADEN TO KENNEDY HWY AT MT GARNET. • KENNEDY DEVELOPMENTAL ROAD – MISSING LINK LYND TO HUGHENDEN – DIRECT PRODUCE FREIGHT ROUTE TO MELBOURNE and ADELAIDE.

  26. NEED FOR NEW THINKING ABOUT WHERE THE REGION IS GOING ...

  27. www.cummings.net.au

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