Sylvie Leduc Resilient, bold, courageous, professional humanist’s Post

The next government will face tough budget and fiscal choices whichever party wins. But, ultimately, there is only one option if the UK’s national debt levels are to be reduced to sustainable levels and in order to generate returns for the public purse that will allow greater long-term investment in public services - to turbo-charge the UK economy, and to do so quickly. In the latest Lichfields UK blog, Richard Coburn and I reflect on the critical role that planning can play in delivering economic growth - too often overlooked - and set out five proposals for reform that could help give the economy a much-needed boost. https://lnkd.in/eKeGWXQG

The recent Federal Budget has introduced several measures that are set to positively impact the property investment landscape in Australia. With a strong focus on areas like infrastructure, health, and education, it looks like the government is laying down the groundwork for a prosperous future. If all goes to plan, investors can look forward to a stable and growing market, underpinned by a strong economic foundation. . . #investmentproperty #propertyinvestor #australianinvestors #constructioncrisis #labourshortage #industrynews

Good to speak with the Financial Times' fDi Intelligence on the potential for planning to unlock economic growth and calls for the next Government to be pro development and strive for full local plan coverage https://lnkd.in/ePNbwG7S

As usual, Lichfields UK are clever and to the point. Today Ciaran makes interesting points ahead of the General Election: ⭐ The role of planning is not just about housing. The politically driven mantra of housing has ended up sidelining the planning for economic development and growth ⭐ Tough fiscal restraints are the reason to plan with a sense of urgency, not to simply move to ad hoc solutions I would add also: 👉 infrastructure and economic investment are that: investment! while they are all too often treated as cost: not thinking big enough is what is costing growth.... 👉 the industry of the future will need to be smoke and emissions free, with circular waste, solar powered etc etc. In many cases already this is evident already. The plan for industrial zoning may need to change as a result: not so much noisy dirty areas anymore.

Without a doubt the NPPF needs more than a make-over to position the planning system where it should be - as a positive enabler of economic growth, a role sidelined over the years as political parties argue over how best to increase housing delivery and procrastinate on how to respond to modern economic demand such as that for data centres. As the Lichfields UK blog by Ciaran Gunne-Jones and I simply sets out, there are some clear steps any new government can readily take to ensure planning starts to work with business and industry ensuring market mechanisms are recognised and complemented by sensible spatial, land use and economic development policies. It’s time for the planning system to be more business-like in its core and through its application. As Ciaran says, enabling economic growth is the only option for the Government post July 4.

The crowding out of private investment by government intervention is a significant phenomenon in economic policy, often overlooked. This displacement of private sector spending and investment has significant implications for economic growth and efficiency. The Australian economy, for example, shows how public infrastructure projects funded through increased government borrowing lead to higher interest rates, deterring private investors. The government's subsidies in the renewable energy sector also dampen entrepreneurial spirit and innovation, as private entities struggle to compete against subsidised counterparts. The crowding-out effect is deeply rooted in economic and psychological theories, as it alters capital market equilibrium and leads to a dependency mindset among businesses and investors. Addressing this issue requires a nuanced approach, including targeted government spending, fiscal discipline, and fostering a regulatory environment conducive to private sector growth. To foster a healthy, dynamic economy, a balance must be struck where government intervention complements private sector initiatives, or better yet, it stops getting involved in private industry altogether. #economics #interventionism #corruption #nepotism #dependency #NGO #subsidise #inflation #higherinterestrates #innovation #entrepreneurship

Again, effective communication with clarity is a very good policy by the new United Kingdom Government. But we must not forget. While effective communication to Plc's is admirable. The fuel of Great British Business are the 1,000's of SME's that operate in the UK. We must communicate effectively with these as these are the most important commercial entities. We must also bring back the balance of UKPLC's balance sheet. We must strive for a balanced economy that isn't too reliant on one particular industry. Great Britain is not a developing economy. It is a developed economy. #unitedkingdom #business #economics

UK is suffering dire living standards due to lack of investment. This is a quite fascinating business article from the BBC, unfortunately it does not make good reading. "If the economy is an engine, then investment is its fuel," said Dr George Dibb, associate director for economic policy at the The Institute for Public Policy Research (IPPR). "The UK's dire productivity performance since the great financial crisis of 2008 is, to a large extent, the single biggest driver of our dire living standards," the IPPR said. Interestingly, no mention whatsoever of base rates being increased too high and being left at the present crippling level for too long? A perfect storm has formed. I would suggest the majority of the key actors are being driven by their own selfish agendas, which to a large degree is fuelled by being out of touch. “Let them eat cake” ? #investment #economy #gdp #productivity #innovation #finance #banking #BankofEngland #recession #crisis #politics #brinkmanship #groupthink https://lnkd.in/eKmv_cJw

Infrastructure is key to long-term and sustainable future growth. The country needs a holistic strategy. https://lnkd.in/enwXKayp

Australia's Future Made in Australia: A National Interest Framework What is it? The Future Made in Australia National Interest Framework is a government initiative designed to guide public investments in industries that align with Australia's national priorities. It aims to foster economic growth, resilience, and sustainability by attracting private investment and supporting key sectors. What it includes? 1. Two-Stream Approach: The framework identifies priority industries under two streams: Net Zero Transformation and Economic Resilience and Security. 2. Focus on Comparative Advantage: The Net Zero Transformation stream prioritizes industries where Australia has a comparative advantage in a net zero global economy, such as renewable energy and clean technologies. 3. Economic Security: The Economic Resilience and Security stream focuses on industries critical for Australia's economic security, including defense and critical infrastructure. 4. Targeted Public Investment: The framework outlines criteria for determining appropriate government support, including direct investment, incentives, and policy reforms. 5. Community Benefits: The framework emphasizes the importance of community benefits, such as job creation, skills development, and local investment. Whats Next? The government will introduce legislation to establish the Future Made in Australia Act and implement the National Interest Framework. Future Made in Australia – National Interest Framework (treasury.gov.au)