Moreton Bay a “Substantial Economic Force” says Futurist Bernard Salt

Bernard Salt with is not surprised by the trends in the Moreton Bay Region towards a positive economic and social evolution.  The futurist launched the 2018 Moreton Bay Region Business Conference Series at Dolphin Stadium in an optimistic keynote address about our “growing, diverse and aspirational” region.

“Moreton Bay has become a substantial economic force in its own right, with a Gross Regional Product of $17.3 billion,” Bernard told the audience.

“We’ve seen a number of big picture, gutsy projects undertaken to change this region’s future and fortunes – particularly the university precinct and delivery of the Moreton Bay Rail Link (Redcliffe Peninsula Line). These lay the foundations for future prosperity – the university in particular is an essential gamechanger for your economy.

“Moreton Bay must remain flexible to future-proof local job opportunities; contrary to the national trend there has been only modest job growth here in the professional services sector, but I expect the opening of the university in Petrie to correct this.

“Migration and knowledge work underpin job opportunities in Moreton Bay, so expect population growth and multiculturalism to continue to intensify across the region over the next 10-15 years.”

But his rosy forecasts came with a blunt warning about the need to address congestion and housing affordability now.

“Moreton Bay will be home to hundreds of thousands more people in the decades ahead, so you will need more affordable housing and it will need to be a competitive product,” he said. “That means providing access to a diverse range of lifestyle options from high-rise to low-rise housing, McMansions and townhouses.”

Source:  The Courier Mail