https://www.rba.gov.au/speeches/2021/sp-gov-2021-12-16.html  8/16  12/16/21, 10:38 AM  The RBA and the Australian Economy | Speeches | RBA  Graph 8  Unemployment Rate By region group, seasonally adjusted %  % Regional*  Capital cities  6  6  4  4 Riverina**  2  2  0  2011 * **  2013  2015  2017  2019  2021  0  Regional includes ACT and NT Smoothed using a 12-month trailing average  Sources: ABS; RBA  Regional Australia is benefiting from two significant changes.
The first is a re-evaluation of where, and how, people want to live following the pandemic. And the second is the advances in technology and changes in work practices that have reduced the need to be physically located in a workplace in a capital city. These changes are positive for many regional communities, creating new opportunities for growth and expansion.