This is the fourteenth State of the Regions Report. The Report is commissioned by ALGA and prepared by National Economics. This year's report incorporates the latest census analysis examining population and migration, as well as distribution of employment, income and household wealth, including the scale of private savings and mortgage burdens. The value of increasing infrastructure investment (particularly transport) and productivity across industries is discussed. Individual chapters are devoted to examining the consequences for the Australian economy and its regions post mining boom, the impact of market economics and infrastructure investment, and the implications from a social and economic perspective of natural disasters. The report assesses regional inefficiencies based on last year's benchmarking methodology and continues the debate on what may be required in developing a more rational approach to regional development in this country.