Sep 27, 2026 · 1 hr 9 min · 15 segments
Reece Proudfoot is my brother-in-law and a very clever guy when it comes to regenerative economy design. So, in the face of what seems a never-ending onslaught of ‘big developer power’ coming in and…
Reece ProudfootGuestAlexx StuartHostThat makes me think of, okay, first tangent, here we go, is of the story that Nick Halliday, the farmer from Belvedere Farms, was telling last week about a McDonald's coming into their town.
And, you know, that's, you know, creating some value for the community that way.
None of the tax is being paid beneficially into the region, either directly or indirectly.
And I thought that was such a fantastic explainer of extractive versus regenerative in regional economics.
and then thought about how all these massive corporations are often seeing where the population climb and boom is happening and doing all their studies to say, yep, a Dan Murphy's is ready to go in there.
You know, a McDonald's, a Woolworths, a Coles or whatever, and how the powerful intersection between what you're doing and antitrust laws and that kind of legal work then becomes important.
Like, Have you found learning what the important identifiers of network building are to ensuring regenerative regional economy is able to thrive is like kind of one of the most important things to do before you actually then do stuff?

Yeah, I think you've hit the nail on the head that one of the most important enablers for local economic vitality, especially what we call regenerative economic vitality or wellbeing economy is the connectivity of the community.

So what we call readiness, how much a community is connected, the potential of the community to support the local businesses, the enabling environment that sits around these businesses is so important before you start to explore building some of these or supporting the growth of some of these really amazing businesses that have all these different kinds of impact horizons.

So they're not just creating economic benefit, they might also be building opportunities mental health benefits in the community.

So they're kind of doing all these things and a lot of the time that impact is invisible.
That makes me think of, okay, first tangent, here we go, is of the story that Nick Halliday, the farmer from Belvedere Farms, was telling last week about a McDonald's coming into their town.
And, you know, that's, you know, creating some value for the community that way.
None of the tax is being paid beneficially into the region, either directly or indirectly.
And I thought that was such a fantastic explainer of extractive versus regenerative in regional economics.
and then thought about how all these massive corporations are often seeing where the population climb and boom is happening and doing all their studies to say, yep, a Dan Murphy's is ready to go in there.
You know, a McDonald's, a Woolworths, a Coles or whatever, and how the powerful intersection between what you're doing and antitrust laws and that kind of legal work then becomes important.
Like, Have you found learning what the important identifiers of network building are to ensuring regenerative regional economy is able to thrive is like kind of one of the most important things to do before you actually then do stuff?

Yeah, I think you've hit the nail on the head that one of the most important enablers for local economic vitality, especially what we call regenerative economic vitality or wellbeing economy is the connectivity of the community.

So what we call readiness, how much a community is connected, the potential of the community to support the local businesses, the enabling environment that sits around these businesses is so important before you start to explore building some of these or supporting the growth of some of these really amazing businesses that have all these different kinds of impact horizons.

So they're not just creating economic benefit, they might also be building opportunities mental health benefits in the community.

So they're kind of doing all these things and a lot of the time that impact is invisible.
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