Hervey Bay: fastest growing city
A NEW report has identified Hervey Bay as a “bolter” city likely to grow by more than 50% in the next twenty years based on current Federal Treasury estimates.
The Australian Bureau of Statistics has already pinpointed Hervey Bay as the fastest growing city in Australia, according to one of the report’s authors, Grattan Institute CEO John Daley.
The institute, an independent public policy think tank, recommends governments must link funding to population levels – the more people a region has the more money a region gets.
Mr Daley, speaking to the Chronicle yesterday from Melbourne, slated governments for dumping taxpayer dollars in stagnant regions and starving growth areas such as Hervey Bay.
‘Bolting’ regions outside capital cities have less capacity to pay for local government services and are likely to raise lower rates per capita than slower growing regions,” Mr Daley said.
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