With an increasingly transient workforce, it's more important than ever to attract the best people to live and work in our cities to ensure our country's future prosperity. This article notes how human capital, rather than financial capital, is our most valuable asset.
Our cities are in fierce competition for tourist dollars, talented workers, businesses and investors. Our cities also face many challenges – population growth, congestion, sustainability and liveability to name just a few. These challenges can only be addressed if people are passionate about their cities. If a city doesn’t inspire and delight its citizens – if it doesn’t provide them with great lifestyles – it’s easier than ever before to find a city that does. This is why the Prime Minister has appointed Australia’s first Minister for Cities and the Built Environment, Jamie Briggs, who will work alongside Environment Minister Greg Hunt to develop a new agenda for cities.