This joint submission by Regional Development Australia Illawarra and the Illawarra Shoalhaven Joint Organisation identifies the Illawarra and Shoalhaven region key factors to be considered in the Princes Highway Corridor Strategy, including:

• high levels of vehicle movements on the Princes Highway, with up to 55,000 vehicles per day
• large peri-urban region, with population growth to over 480,000 people projected by 2036
• iconic tourist road, the Grand Pacific Drive
• limited east west links to and from the Princes Highway across the Great Dividing Range
• critical importance of the Port of Port Kembla as a key economic asset which is under-utilised
• as the south coast rail line ends at Bomaderry, the principal land transport link south is via the Princes Highway, and requires further freight consideration and B-Double access

The Illawarra is proximate to both Sydney and Canberra, and Wollongong, as the capital of the Illawarra region, is well positioned for the relocation of government bodies. The relocation of government administration bodies to regional areas over time can provide substantial cost savings for government and improve labour force participation and unemployment.

An example of a federal government decentralisation is the Australian Taxation Office which has over 400 employees working out of Wollongong. Lease costs in Wollongong are often 50% lower than Sydney and retention rates are higher compared to Sydney.

RDA Illawarra has made a submission to the Regional Development and Decentralisation Committee and continues to advocate for decentralisation in the region.

The inquiry was a joint submission between RDA Illawarra and the Illawarra Business Chamber. The submission demonstrated that adopting regional economic centres will not only support the growth of the Illawarra, but more importantly mitigate the growing pains of Sydney and maximise the economic outcomes for NSW and Australia.