Derek Irwin’s Post

If the NSW Government wants to address Sydney's housing issues it needs to know where Sydney's jobs growth is coming from. Why? Because we need housing infrastructure close to where people will work. In this new report with Committee for Sydney titled "Transforming Sydney's Economy" I worked with Jeremy Gill, Eamon Waterford, and a number of economists to analyze where Sydney's next million jobs will be located and the industries they will come from. It's also where we're designing Macquarie University's next wave of courses. Read the report: https://lnkd.in/gXXprpYF Check out the article in the SMH: https://lnkd.in/gZ2JvhT9 Macquarie Business School Macquarie University e61 Institute

Evaluate the city’s potential, assess employment and growth potential before investing in tier 2 cities, says Samir Jasuja of PropEquity in Business Standard Sanjay Kumar Singh

🌍 𝐍𝐨𝐫𝐝𝐢𝐜 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞: 𝐑𝐞𝐚𝐝𝐲 𝐟𝐨𝐫 𝐖𝐡𝐚𝐭'𝐬 𝐍𝐞𝐱𝐭?⁣ ⁣ As we step into the final stretch of 2024, the real estate markets in 𝐃𝐞𝐧𝐦𝐚𝐫𝐤, 𝐒𝐰𝐞𝐝𝐞𝐧, and 𝐅𝐢𝐧𝐥𝐚𝐧𝐝 are presenting some exciting opportunities for savvy investors. The latest Newsec property outlook report sheds light on some key trends that could reshape your investment strategy.⁣ ⁣ 📈 𝐃𝐞𝐧𝐦𝐚𝐫𝐤: With GDP growth expected to hit 2-3% by 2026 and interest rates falling, this is a market on the move. Export success (hello, pharma!) and rising private consumption mean 𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 and 𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐢𝐚𝐥 𝐫𝐞𝐚𝐥 𝐞𝐬𝐭𝐚𝐭𝐞 are buzzing. Could this be the perfect time to explore commercial investments in Denmark?⁣ ⁣ 🏗️ 𝐒𝐰𝐞𝐝𝐞𝐧: After a challenging couple of years, Sweden is gearing up for a big recovery. Lower interest rates, tax cuts, and infrastructure investments will fuel a housing market comeback and boost private consumption in 2025. As Newsec notes, "𝐒𝐰𝐞𝐝𝐞𝐧 𝐢𝐬 𝐩𝐨𝐢𝐬𝐞𝐝 𝐟𝐨𝐫 𝐚 𝐬𝐭𝐫𝐨𝐧𝐠 𝐮𝐩𝐬𝐰𝐢𝐧𝐠, 𝐰𝐢𝐭𝐡 𝐟𝐚𝐥𝐥𝐢𝐧𝐠 𝐢𝐧𝐭𝐞𝐫𝐞𝐬𝐭 𝐫𝐚𝐭𝐞𝐬 𝐚𝐜𝐭𝐢𝐧𝐠 𝐚𝐬 𝐚 𝐠𝐫𝐨𝐰𝐭𝐡 𝐚𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐨𝐫." Are you looking at the opportunities in urban areas like Stockholm, Gothenburg, and Malmö?⁣ ⁣ 📊 𝐅𝐢𝐧𝐥𝐚𝐧𝐝: It’s been a tough ride, with negative GDP growth, but don’t count Finland out. Exports are set to recover, and with interest rates dropping, 𝐫𝐞𝐚𝐥 𝐞𝐬𝐭𝐚𝐭𝐞—especially in 𝐫𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐢𝐚𝐥 and 𝐥𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬—is looking promising. What areas are you exploring in Finland?⁣ ⁣ 💡 𝐊𝐞𝐲 𝐓𝐫𝐞𝐧𝐝𝐬:⁣ 1. 𝐃𝐞𝐦𝐨𝐠𝐫𝐚𝐩𝐡𝐢𝐜 𝐬𝐡𝐢𝐟𝐭𝐬 are driving demand for 𝐞𝐥𝐝𝐞𝐫𝐥𝐲 𝐜𝐚𝐫𝐞 𝐟𝐚𝐜𝐢𝐥𝐢𝐭𝐢𝐞𝐬 and regional real estate. With more people moving away from capital cities, could smaller cities be the next big thing?⁣ ⁣ 2. Sustainability and tech advancements are boosting the value of 𝐠𝐫𝐞𝐞𝐧 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭𝐬 in logistics and industrial sectors. How are you incorporating these trends into your strategy?⁣ ⁣ These markets are constantly evolving, and 𝐬𝐭𝐚𝐲𝐢𝐧𝐠 𝐚𝐡𝐞𝐚𝐝 𝐨𝐟 𝐭𝐡𝐞𝐬𝐞 𝐬𝐡𝐢𝐟𝐭𝐬 is what can set you apart.⁣ ⁣ 👉 𝐖𝐡𝐞𝐫𝐞 𝐝𝐨 𝐲𝐨𝐮 𝐬𝐞𝐞 𝐭𝐡𝐞 𝐛𝐢𝐠𝐠𝐞𝐬𝐭 𝐨𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬?⁣ 👉 𝐖𝐡𝐢𝐜𝐡 𝐭𝐫𝐞𝐧𝐝𝐬 𝐚𝐫𝐞 𝐢𝐧𝐟𝐥𝐮𝐞𝐧𝐜𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬?⁣ ⁣ #NordicRealEstate #InvestmentTrends #Denmark #Sweden #Finland #Logistics #Sustainability #UrbanGrowth #RealEstateOpportunities

In the July 2024 Vaughan Economic and Business Update: ✅The national Consumer Price Index rose 2.9 per cent year-over-year in May following a 2.7 per cent increase in April. ✅The national unemployment rate rose 0.2 per cent to 6.4 per cent in June. ✅Real Gross Domestic Product grew 0.3 per cent in April after being unchanged in March. ✅In June, the Vaughan Business and Entrepreneurship Centre experienced a demand for consultations in the retail trade, professional, scientific and technical services, and healthcare and social assistance industries. ✅Cardinal Health Canada introduced 80 autonomous mobile robots at its 165,000-square-foot distribution centre in Vaughan. ✅A first-of-its-kind fuel terminal opened at the Canadian National (CN) MacMillan Rail Yard in Vaughan. ✅Vaughan-based Novel Biotechnology Inc. is one of eleven Ontario companies to receive $500,000 in funding through the Life Sciences Innovation Fund. Want to receive more insights like this to help your business grow? Our team provides monthly economic insights featuring national, provincial and local investments, trends and highlights. Check out July’s update to learn more about our local economy: https://lnkd.in/gy5jeqiM #TAPintoVaughan #VaughanAdvantage #VBEC #EconomicAndBusinessUpdate York Link | York Region Economic Development | Vaughan Chamber of Commerce | Toronto Region Board of Trade

Economic Development Jobs: Creating Opportunities for Local Communities - Developments are essential for the growth and sustainability of a local economy. These jobs are the result of economic development initiatives aimed at attracting new businesses, retaining existing ones, and supporting entrepreneurship and innovation. Development jobs can be divided into direct, indirect, and induced jobs. Direct jobs are created as a result of economic development initiatives, while indirect jobs are created as a result of the economic activity generated by direct jobs. Induced jobs are created as a result of increased spending by workers in the local economy. In this article, we will delve into the topic with an in-depth exploration of various aspects that are central to it. Firstly, we will examine the types of economic development jobs that are available in various sectors and industries, including but not limited to manufacturing, services, technology, and agriculture. We will also discuss the strategies that are commonly used for job creation in economic ...... Visit https://lnkd.in/eE_2JygH to continue reading!

Economic Development Jobs: Creating Opportunities for Local Communities - Developments are essential for the growth and sustainability of a local economy. These jobs are the result of economic development initiatives aimed at attracting new businesses, retaining existing ones, and supporting entrepreneurship and innovation. Development jobs can be divided into direct, indirect, and induced jobs. Direct jobs are created as a result of economic development initiatives, while indirect jobs are created as a result of the economic activity generated by direct jobs. Induced jobs are created as a result of increased spending by workers in the local economy. In this article, we will delve into the topic with an in-depth exploration of various aspects that are central to it. Firstly, we will examine the types of economic development jobs that are available in various sectors and industries, including but not limited to manufacturing, services, technology, and agriculture. We will also discuss the strategies that are commonly used for job creation in economic ...... Visit https://lnkd.in/eE_2JygH to continue reading!

Economic Development Jobs: Creating Opportunities for Local Communities - Developments are essential for the growth and sustainability of a local economy. These jobs are the result of economic development initiatives aimed at attracting new businesses, retaining existing ones, and supporting entrepreneurship and innovation. Development jobs can be divided into direct, indirect, and induced jobs. Direct jobs are created as a result of economic development initiatives, while indirect jobs are created as a result of the economic activity generated by direct jobs. Induced jobs are created as a result of increased spending by workers in the local economy. In this article, we will delve into the topic with an in-depth exploration of various aspects that are central to it. Firstly, we will examine the types of economic development jobs that are available in various sectors and industries, including but not limited to manufacturing, services, technology, and agriculture. We will also discuss the strategies that are commonly used for job creation in economic ...... Visit https://lnkd.in/gh-P8HWb to continue reading!

🚀 Queensland’s Future is Looking Bright—But Challenges Await! Intuit Technologies just attended the Queensland’s Economic Outlook Breakfast Forum hosted by the Queensland Futures Institute and wow—what an eye-opener! Here are some key Tailwinds boosting the economy: 🏅 The 2032 Olympics will fuel massive infrastructure and service demand. 🌏 With high interstate migration, there’s a need for essential services and housing—though housing remains a key constraint. ⚡ Queensland’s push for 50% clean energy by 2030 is in full swing! 🌿 Our natural resources and role as a trading state provide resilience, though geopolitical tensions, especially with China, may impact supply chains. But, let’s not overlook the Challenges ahead: 📉 Migration may slow in the next 12-24 months, affecting workforce availability. 🏗️ Development costs are rising—now the second-highest in Australia, just behind Sydney. 🏡 Intergenerational housing pressures are real—rising home costs are outpacing productivity gains. Despite these hurdles, there are bright spots: 💰 The defense budget boost and a strong export economy are providing stability, but households are feeling the pressure as the RBA tightens its stance. The real question: How do we navigate these challenges to ensure sustainable growth? Let’s keep the conversation going—what are your thoughts on Queensland’s economic future? Drop your insights below! 👇 #QueenslandEconomy #2032Olympics #CleanEnergy #HousingCrisis #FutureOfWork #Infrastructure #Trade #Growth

As we wrap up the year, the Victorian Economic Growth Statement sets the stage for incredible opportunities in 2025! Now is the time to prepare. At Tendertrace, we help organisations navigate government procurement, align with key policies, and position for success. The Victorian Economic Growth Statement outlines significant investments across various sectors and initiatives aimed at driving economic growth, creating jobs, and fostering innovation. ""Here a few of the Priority Sectors "" These investments present vast opportunities for businesses across all sectors, particularly for those ready to align with Victoria’s strategic focus areas. If approached strategically, businesses can position themselves to leverage these opportunities for growth and innovation. +Advanced Manufacturing and Defence: Modern methods of construction (e.g., prefabricated and modular). Defence contracts and advanced technologies for supply chain opportunities. +Health Technologies and Medical Research: Expansion of medical research and mRNA manufacturing facilities. Clinical trials and commercialisation of health innovations. +Circular Economy: Renewable energy, waste-to-energy projects, and critical minerals processing. +Digital Technologies: Investments in AI, quantum computing, and digital innovation. Skills development for the growing tech workforce. +Agribusiness: Supporting food innovation, export growth, and agritech advancements. Applications of RNA technology to boost crop yields and sustainability. +Regional Development Unlocking Trunk Infrastructure: Investments in water, sewerage, roads, and electricity to enable industrial land use. +Tourism and Destination Marketing: $7 million cooperative fund to attract visitors and boost local economies. +Support for Regional Businesses: Simplified regulation and new Launching Pads to connect entrepreneurs and investors. + Hydrogen and Renewable Energy Clusters: Focus on Gippsland and other regional hubs for green energy industries. +Aboriginal Leadership and Business Support: Establishing a First Peoples Leadership Academy. Hosting the World Indigenous Business Forum in 2025. +Digital Jobs and Workforce Reskilling: Focused on sectors like manufacturing, medtech, and construction. + Major Transport Projects: Continuing delivery of key infrastructure like the Suburban Rail Loop, Metro Tunnel, and freight hubs. Let’s make 2025 your best year yet. Start planning today! See the full report here - https://lnkd.in/dJHCYM6t #Procurement #EconomicGrowth #Victoria #BusinessOpportunities #Tendertrace