Prime Minister of Australia Launches RDA Hunter's Smart Specialisation

The Hon Malcolm Turnbull MP today launched Australia's first Smart Specialisation, Smart Specialisation Strategy for the Hunter Region developed by RDA Hunter.

Innovation is at the heart of the Australian Government’s plan to deliver a modern, dynamic, 21st century economy and according to the Prime Minister, RDA Hunter is showing great leadership by delivering positive change, new ideas and new opportunities for the future through its Smart Specialisation Strategy for the Hunter Region.

The Strategy, which is Australia’s first, identifies the Hunter’s competitive advantages to deliver a strong and focused economic development agenda that is supported by innovation and entrepreneurship.

The Hon. Malcolm Turnbull MP officially launched RDA Hunter’s Smart Specialisation Strategy for the Hunter Region at Parliament House Canberra today.

“Innovation drives growth and prosperity, underpins productivity and will help deliver the jobs of tomorrow,” said Mr Turnbull.

“The Australian government is investing $1.1 billion in a National Innovation and Science Agenda to promote a culture of innovation right across the economy.”

“It’s fantastic to see Regional Development Australia Hunter investing in innovation through their Smart Specialisation initiative which builds on the Hunter region’s competitive strengths.”

“I commend RDA Hunter for its agility and the enormous opportunity this initiative presents for the prosperity of the region,” continued Prime Minister Turnbull.

Smart Specialisation Strategy for the Hunter Region is based on an OECD framework implemented widely across the European Union. It establishes an agenda for economic transformation in the Hunter region by analysing and defining regional competencies and determining new areas of opportunity.

“We warmly welcome the Australian Government’s National Innovation and Science Agenda which unlocks the potential for innovation driven economic growth,” said Mr Todd Williams CEO of RDA Hunter.

“Our Smart Specialisation initiative aims to prioritise the region’s unique strengths, support and grow the Hunter’s innovation ecosystem, promote entrepreneurship and identify areas that have potential to employ people – especially in the more technically advanced jobs we will see in the future,” continued Mr Williams.

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Smart Specialisation Strategy for the Hunter Region Smart Specialisation Strategy for the Hunter Region (1725 KB)

View the ABC 24 footage of The Prime Minister launching Smart Specialisation for the Hunter Region https://youtu.be/YDc0qKIVpDU