Finance & Fury Podcast

Welcome to this week’s ‘Say What Wednesday’ episode! Our question today comes from Anna …who was actually listening to our podcast while driving her tractor on a farm, which is pretty cool! Anna asks, ‘how much is the economy of regional Australia worth? Is this growing faster or slower than metropolitan areas and what will it look like in the future?’ We’ll define ‘Regional Australia’ as all areas outside of metropolitan areas.  Let’s get started… Regional Australia - Population breakdown 69% of Australians live in major cities, 20% live in inner regional areas 9% in outer regional areas 3% live in remote or very remote areas What is it worth? Workforce – One third of employment in Australia Production/output - Regional Australia accounts for around 40% of national economic output Industries According to the National Rural Health Alliance Limited’s online publication, “The little book of rural health numbers” (Nov 2015), “Approximately 67% of the value of Australia’s exports comes from regional, rural an