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New financial institutions and instruments created by cities such as New York, Melbourne and Berlin have made it easy for large building owners to retrofit their properties by financing projects without impacting owners' bottom lines, as Julia Thayne reports.

We argue for a sense of global ambition for Australia's regional cities and outer suburban centres, and that the issues that confront smaller cities be brought out of the shadows of the megacity.

A national urban policy must set the strategy for the national urban system--the balancing of small, medium and large cities--and offer a 'global city' future for Australia's regional cities and outer suburban centres.

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On Melbourne

Australia's socioeconomic peers ... contain several small cities that contribute significantly to economic innovation and productivity, such as Antwerp, Lausanne, Strasbourg, and Aarhus. With some real sense of ambition, Australia's smaller cities could all join these ranks as well.

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The Global Urbanist is an online magazine reviewing urban affairs and urban development issues in cities throughout the developed and developing world.

Its readers are drawn from the urban policy and international development sectors, and include urban planners, officers in local, national or international government agencies, civil society leaders, and researchers.

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