Monitoring the economic future of an historic town
1 JANUARY 2003
Earlier this year Braidwood in the Southern Tablelands of NSW was listed on the State Heritage Register – the first town on the east coast of Australia to be recognised in this way. Now the residents will find out how Braidwood will be affected economically by the listing when the Western Research Institute (WRI) of Charles Sturt University begins its study to monitor the town’s future. Kathy Sloan, a senior research officer with the WRI says “the listing does restrict what can happen to buildings and what people can do on their properties. On the other hand, a heritage listing can be a good way to attract more tourists, and they already market themselves that way.” The study has commenced with an economic profile of Braidwood, including an analysis of the local economy. Once benchmarks are identified, a business survey will be conducted every year for five years. The WRI will then compare Braidwood’s economic trends with trends across regional NSW.
Social
Explore the world of social