Nations worst slowdown tipped for Coffs

THE Coffs Harbour boom might be over with a new report predicting the region will grow at less than the national average over the coming 14 years.

Regional Australia Institute has predicted Coffs Harbour’s compound annual growth rate between 2013 and 2031 will be 2.3% – below the national average of 2.9% and equal lowest in the nation.

In contrast, between 2001 and 2013 the region grew at 3.1% and was just outside the 10 fastest growing regions.

Geoff Egan

 

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