Convergence and Divergence in the Australian Space Economy

Abstract

Australia's space economy has changed rapidly since the 1970s through processes of globalisation, economic restructuring and demographic change. Trends in population distribution and patterns of employment and investment in economic activity highlight both spatial diffusion and concentration. Migration to ‘sun belt’ regions and suburban growth in the mega metro regions is creating population‐led demand for production and services, thus creating investment growth and new employment in some consumer‐oriented economic activities. However many internationally linked and national market serving economic functions are increasingly concentrated in the two largest cities at strategically located old and new nodes of agglomeration. No longer can population growth be equated directly with increased economic activity, and there are significant spatial mismatches between the outcomes of demographic and economic processes across the nation's cities and regions.