DISCLAIMER All figures and data presented in this document are based on data sourced from the Australian Bureau of Statistics (ABS), and other government agencies. Using ABS datasets, the regional economic modelling software ‘REMPLAN Economy’, has been applied to generate industrial economic data estimates. This document is provided in good faith with every effort made to provide accurate data and apply comprehensive knowledge. However, REMPLAN does not guarantee the accuracy of data nor the conclusions drawn from this information.

Economic Development Department (07) 5689 1499 / (03) 5444 4788 1300 MACKAY (622 529) www.remplan.com.au [email protected] www.investmackay.com

OVERVIEW EMPLOYMENT

DEMOGRAPHICS INDUSTRY HOUSING TRENDS

TOURISM RESOURCES

The region’s expanding employment, investment and development opportunities, buoyant economy and lifestyle attributes are just some of the many positive aspects that encourage people to live, work and play in the . The Mackay Regional Local Government Area is one of the fastest-growing in , with a population of 118,000. The region’s growth is fuelled by activity in the resources sector, resurgence in agribusiness, and growth in construction, logistics and tourism. The Mackay Region is the gateway to the rich coal deposits in the Bowen and Galilee Basins. It is one of the largest sugar-producing regions in Australia and hosts much of the engineering, manufacturing and mining services industries supporting the wider Mackay-Isaac-Whitsunday economy. Only an hour’s flight from Brisbane, the Mackay Region boasts an enviable lifestyle and a buoyant economy with the benefits of a fast-growing coastal city. Its coastal location is complemented by its spectacular natural environment. This includes 31 beaches, a picturesque blue river and a pristine rainforest hinterland. This website presents economic and demographic data for the Mackay Region. For further information on the Mackay Region, please contact the Mackay Regional Council’s Economic Development team – phone: 1300 622 529 or (07) 4961 9530.

The industry sectors which are the key drivers of the Mackay Region’s economy in terms of regional exports, employment, value-added and local expenditure on goods and services (backward linkages) are recognised as key propulsive industries. At the 114 industry sector level, the industry sectors which ‘ranked’ in the top 10 in terms of regional exports, employment, value- added and local expenditure on goods and services (backward linkages) are: Mackay Region Wholesale Trade > Pre-School, Primary, Secondary & Special Education GRP - $7.540b > Construction Services Population – 117,703 > Strong population growth forecast, heading Coal Mining towards 170,000 over the coming decades Health Care Services > Gateway to the Bowen and Galilee Basins Public Administration & Regulatory Services > Located an hour’s flight to Brisbane Professional, Scientific & Technical Services > Great Barrier Reef located just off shore Retail Trade Sugar & Confectionery Manufactiring Other Agriculture The estimated resident population in the Mackay Region as at June 30, 2016 is 117,703 people. Between 2006 and 2016 the Mackay Region (estimated resident) population increased by 14,136 people (13.6%), with an average annual compound population growth of 1.3% between 2006 and 2016.

125,000

120,000 115,960

115,000 113,699 111,455

110,000 108,644 106,026 117,603 119,076 119,272 118,771 117,703 105,000 103,567

100,000

95,000 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Between 2006 and 2016, the population of the Mackay Region increased by 14,136 people

Between 2006 and 2016, the population of the Mackay Region increased by 14,136 people. The majority of population increase during this time occurred in Eimeo-Rural View, which increased by 5,475 people, an annual average increase of 5.8%. Pioneer Valley (+3,055) and Ooralea - Bakers Creek (+1,873) experienced the next highest levels of population increase over the last ten years. Slade Point closely followed by experienced the largest declines between 2006 and 2016.

Population (ERP JUNE 30) Population Change (Ann. Avg)

Statistical Area Level 2 2006 2011 2016 06-11 11-16 06-16

Andergrove - Beaconsfield 14,349 14,835 15,259 0.7% 0.6% 0.6% East Mackay 3,771 3,755 3,652 -0.1% -0.6% -0.3% Eimeo - Rural View 7,301 10,201 12,776 6.9% 4.6% 5.8% Eungella Hinterland 0 4 16 - 32.0% - Mackay 3,917 4,212 3,740 1.5% -2.3% -0.5% Mackay Harbour 396 539 527 6.4% -0.4% 2.9% Mount Pleasant - Glenella 9,485 11,074 11,004 3.1% -0.1% 1.5% North Mackay 6,670 6,989 6,158 0.9% -2.5% -0.8% Ooralea - Bakers Creek 3,260 4,230 5,133 5.3% 3.9% 4.6% Pioneer Valley 5,345 7,234 8,400 6.2% 3.0% 4.6% Sarina 10,969 11,857 11,796 1.6% -0.1% 0.7% Seaforth - Calen 8,050 8,587 8,214 1.3% -0.9% 0.2% Shoal Point - Bucasia 4,583 5,470 5,905 3.6% 1.5% 2.6% Slade Point 3,951 3,982 3,419 0.2% -3.0% -1.4% South Mackay 7,234 7,636 6,849 1.1% -2.2% -0.5% Walkerston - Eton 7,849 8,595 8,497 1.8% -0.2% 0.8% 6,437 6,760 6,358 1.0% -1.2% -0.1% Mackay Region 103,567 115,960 117,703 2.3% 0.3% 1.3%

Source: ABS, Estimated Resident Population, 3218.0, Table 3.

Mackay Economic Profile | 2018 Queensland Government population projections, 2015 edition (medium series) were released in April 2016. Between 2016 and 2036, the population of the Mackay Region is projected to increase by 44,943 people. The average annual projected population growth between 2016 and 2036 of 1.5% is higher than the average growth rate experienced over the previous 10 years (1.3%). Apart from Eungella Hinterland (which has a large increase from a small population base), between 2016 and 2036, the highest growth is projected for Ooralea – Bakers Creek (3.5%) which is projected to increase by approximately 4,956 people from 2016 to 2036.

POPULATION PROJECTIONS – MACKAY (R) Avg Annual Change Statistical Area Level 2 2016 2021 2026 2031 2036 2016-2026 2026-2036

Andergrove - Beaconsfield 16,298 17,680 18,447 19,666 21,548 1.2% 1.6% East Mackay 3,900 4,110 4,397 4,576 4,628 1.2% 0.5% Eimeo - Rural View 12,297 14,950 17,648 19,765 22,853 3.7% 2.6% Eungella Hinterland 3 5 8 13 19 10.3% 9.0% Mackay 4,463 4,717 5,122 5,832 6,213 1.4% 1.9% Mackay Harbour 539 549 589 669 687 0.9% 1.6% Mount Pleasant - Glenella 12,030 12,753 13,800 14,807 15,516 1.4% 1.2% North Mackay 7,341 7,468 7,687 8,012 8,145 0.5% 0.6% Ooralea - Bakers Creek 5,090 6,084 7,246 8,732 10,046 3.6% 3.3% Pioneer Valley 8,737 9,403 10,432 11,635 13,965 1.8% 3.0% Sarina 12,615 13,000 13,984 15,131 15,775 1.0% 1.2% Seaforth - Calen 8,738 8,924 9,333 9,790 10,119 0.7% 0.8% Shoal Point - Bucasia 6,202 6,834 7,827 9,220 10,390 2.4% 2.9% Slade Point 4,049 4,126 4,284 4,428 4,540 0.6% 0.6% South Mackay 7,943 8,082 8,180 8,307 8,411 0.3% 0.3% Walkerston - Eton 9,188 9,429 9,742 10,135 10,480 0.6% 0.7% West Mackay 6,940 7,196 7,542 7,746 7,978 0.8% 0.6% Mackay Region 126,373 135,310 146,268 158,464 171,313 1.5% 1.6%

Source: Queensland Government population projections 2015 edition; (medium series), by Statistical Area 2 (SA2), SA3 and SA4 Queensland, 2011 to 2036.

POPULATION PROJECTIONS BY AGE COHORT – MACKAY (R) 0-14 15-29 30-49 50-64 65-79 80+ Total

2016 26,818 25,352 36,077 23,537 11,300 3,286 126,370 2021 28,825 25,717 38,263 25,161 13,501 3,845 135,312 2026 30,560 27,672 41,067 26,202 15,987 4,782 146,269 2031 32,507 29,985 44,335 27,432 18,027 6,178 158,464 2036 34,727 32,289 46,967 29,803 19,773 7,754 171,313 2016-2036 7,909 6,937 10,890 6,266 8,473 4,468 44,943 2016 2026 2036

50,000

40,000

30,000 19,773 20,000 15,987 11,300 26,818 30,560 34,727 25,352 27,672 32,289 36,077 41,067 46,967 23,537 26,202 29,803 10,000 7,754 4,782 3,286 0 0-14 15-29 30-49 50-64 65-79 80+

From 2016 to 2036, the Mackay LGA is projected to be the 9th largest growing LGA from a total of 78 LGAs in Queensland.

2016 - 2026 2026 - 2036 180,000

160,000

140,000

120,000

100,000

80,000

60,000 46,721 42,514 73,241 86,055 40,000 135,753 168,230 109,953 178,584 128,380 128,488 97,079 89,337 72,543 106,068 33,572 30,501 25,044 20,714 19,899 20,000 19,143

0 Gold Coast Ipswich Brisbane Logan Moreton Sunshine Cairns Mackay Toowoomba Bay Coast

Mackay Economic Profile | 2018 0 to 4 -375

5 to 9 418

10 to 14 -233

15 to 19 -483

Analysis of the community profile of the Mackay 20 to 24 -573 Region in 2016 compared to the Mackay – Isaac – Whitsunday Statistical Area 4 (SA4) (comprising the 25 to 34 -237 Mackay, Isaac and Whitsunday LGAs), shows that the age structures are in line with one another. 35 to 49 -1,555 Overall, 20.7% of the population was aged between 50 to 59 0 and 14, and 18.8% was aged 60 years and over, 1,287 compared with 20.7% and 18.1%, respectively for 60 to 69 2,043 the Mackay – Isaac – Whitsunday SA4.

The major differences between the age 70 to 84 1,511 structure of the Mackay region and the Mackay - Isaac - Whitsunday SA4 were: 85+ 370 > A smaller percentage of 25 to 34 year olds -2000 -1000 0 500 1,000 2,000 3,000 (13.5% compared to 14.6%); > A larger percentage of 70 to 84 year olds (7.2% Change in Persons compared to 6.7%) CHANGE IN POPULATION - 2011 - 2016

0 to 4 6.7% Between 2011 and 2016, the population 6.9% increased by 2,173 people (1.9%). The largest 7.1% 5 to 9 changes in age structure in this area between 7.3% 2011 and 2016 were in the age groups: 6.8% 10 to 14 6.5% > 60 to 69 (+2,043 persons); 6.3% > 35 to 49 (-1,555 persons); 15 to 19 5.9% > 70 to 75 (+1,511 persons); and 5.8% 20 to 24 > 50 to 54 (+1,287 persons). 6.0% 13.5% 25 to 34 14.6%

35 to 49 20.7% 20.9%

50 to 59 14.2% 14.0%

60 to 69 10.1% 10.1%

70 to 84 7.2% 6.7% 1.4% 85+ 1.3%

0 5 10 15 20 25 Growth driven PROPORTION OF POPULATION (%) by retirees Mackay Region Mackay (SA4) Analysis of the qualifications of the population in the Mackay Region in 2016 compared to the Mackay - Isaac - Whitsunday (SA4) shows that these are in line with one another. Overall, 34.7% of the population held educational qualifications, and 55.7% had no qualifications, compared with 34.2% and 54.7%, respectively for the Mackay - Isaac - Whitsunday (SA4).

Advanced 5.9% Diploma or 6.0% Bachelor or 7.5% Higher 7.3% Degree 21.2% Analysis of individual income levels in the Mackay Vocational 20.9% Region in 2016 compared to the Mackay - Isaac - No 55.7% Whitsunday (SA4) shows that there was a similar Qualification 54.7% proportion of persons earning a high income 9.6% (those earning $1,500 per week or more) and a Not Stated 11.1% higher proportion of low income persons (those 0 10 20 30 40 50 60 earning less than $400 per week). Overall, 18.3% of the population earned a PROPORTION OF POPULATION (%) high income, and 27.3% earned a low income, compared with 18.4% and 25.8%, respectively Mackay Region Mackay (SA4) for the Mackay - Isaac - Whitsunday (SA4).

Negative / Nil 9.1% Advanced 8.5% 1,160 Diploma $1-$149 4.0% Bachelor or 3.8% 1,158 Higher $150-$299 6.6% Degree 6.2% Vocational 2,258 $300-$399 7.6% 7.3% No -2,989 Qualification $400-$599 7.4% 7.2% Not Stated 586 7.4% $500-$649 7.3% -4,000 -2,000 0 1,000 3,000 7.2% $650-$799 Change in Persons 7.4% 7.8% CHANGE IN QUALIFICATIONS - 2011 - 2016 $800-$999 7.9% 7.9% $1,000- $1,249 7.8% The largest changes in the qualifications of the 5.6% $1,250- $1,499 population of the Mackay Region between 2011 5.3% and 2016 were in those with: 9.0% $1,500- $1,999 8.6% > No qualifications (-2,989 persons); 9.3% $2,000 or more > Vocational qualifications (+2,258 persons); 9.8% and 11.2% Not Stated > Advanced Diploma or Diploma (+1,160 12.9% persons). 0 2 4 6 8 10 12 PROPORTION OF POPULATION (%) Mackay Region Mackay (SA4)

Mackay Economic Profile | 2018 43.3% of Mackay’s families have children

Analysis of the family types in the Mackay Region in 2016 compared to the Mackay - Isaac - Whitsunday (SA4) shows that there was a higher proportion of one parent and other families. Overall, 15.1% of families were one parent families, and 1.3% were other families, compared with 14.5% and 1.2%, respectively for the Mackay - Isaac - Whitsunday (SA4). There was an net increase of 3,625 families in the Mackay Region between 2006 and 2016, the largest changes were: > Couple families with no children (+1,998 families); and > One Parent families (+1,026 families).

CHANGE IN POPULATION - 2006 - 2016

Couple family 43.3% Couple family 513 with children 43.6% with children Couple family 40.3% Couple family 1,998 with no children 40.7% with no children One parent 15.1% One parent 1,026 family 14.5% family 1.3% Other family Other family 1.2% 88

0 10 20 30 40 50 0 500 1,000 1,500 2,000

PROPORTION OF FAMILIES (%) NUMBER OF FAMILIES Mackay Region Mackay (SA4) Analysis of the dwellings in the Mackay Region in Fully owned 26.9% 2016 compared to the Mackay - Isaac - Whitsunday 26.7% (SA4) shows that there was a larger proportion of Mortgage 33.7% dwellings owned outright or are being paid off and a 29.8% smaller proportion which were rented. 28.4% Renting 31.9% Overall, 26.9% of Mackay’s dwellings are owned 2.2% outright; 33.7% owned with a mortgage, and Other tenure type 1.0% 28.4% being rented, compared with 26.7%, 29.8% 8.8% Not stated and 31.9%, respectively for the Mackay - Isaac - 10.6% Whitsunday (SA4). 0 5 10 15 20 25 30 35 The largest changes in dwelling tenure categories for the dwellings in the Mackay Region between PROPORTION OF DWELLINGS (%) 2011 and 2016 were: Mackay Region Mackay (SA4) > Renting (+1,339 dwellings); > Mortgage (+459 dwellings); and > Fully owned (-160 households).

81.5% Separate house In 2016, there were 41,140 79.0% separate houses in the 13.8% Medium density Mackay Region, 1,512 14.2% medium density dwellings 1.2% High density and 604 high density 1.3% dwellings. 2.7% Caravan, cabin 4.2% 0.1% Other 0.2% 0.7% Not stated 1.1%

0 10 20 30 40 50 60 70 80

PROPORTION OF DWELLINGS (%) Mackay Region Mackay (SA4)

Analysis of the types of dwellings in the Mackay Region in 2016 compared to the Mackay - Isaac - Whitsunday (SA4) shows that 81.5% were separate houses, 13.8% were medium density dwellings and 1.2% were high density dwellings, compared with 79.0%, 14.2% and 1.3%, respectively in the Mackay - Isaac - Whitsunday (SA4). There was an increase of 4,950 dwellings in the Mackay Region between 2011 and 2016. The largest changes in the type of dwellings were: > Separate house (+3,456 dwellings); and > Medium density (+1,512 dwellings).

Mackay Economic Profile | 2018 Socio Economic Indexes for Areas (SEIFA) is a suite of indexes that have been created by the Australian Bureau of Statistics (ABS) from social and economic Census information. 1,018 Most disadvantaged Least disadvantaged

121 1,000 1,193 Mackay Each index ranks geographic areas across Australia in terms of their relative socio-economic advantage and disadvantage. This report presents information from the Index of Relative Socio-economic Disadvantage (IRSD), a general socio-economic index that summarises a range of information about the economic and social conditions of people and households within an area. This index includes only measures of relative disadvantage.

SEIFA DISADVANTAGE

National National National 2016 Suburbs Score 2016 Suburbs Score 2016 Suburbs Score Rank Rank Rank

Paget SSC 31284 907 1,033/8,248 Beaconsfield (QLD) SSC 30123 999 3,697/8,248 Campwin Beach SSC 30308 1,046 5,913/8,248

Midge Point SSC 31053 916 1,165/8,248 Hay Point SSC 30737 999 3,704/8,248 Walkerston SSC 31712 1,046 5,919/8,248

Bloomsbury SSC 30182 927 1,388/8,248 Te Kowai SSC 31593 1,004 3,924/8,248 Mt Pleasant (Mky-Qld) SSC 31158 1,051 6,126/8,248

Finch Hatton SSC 30607 929 1,428/8,248 East Mackay SSC 30540 1,006 4,008/8,248 Sarina Beach SSC 31455 1,051 6,128/8,248

Eungella (QLD) SSC 30587 936 1,586/8,248 Armstrong Beach SSC 30055 1,007 4,054/8,248 Alexandra (QLD) SSC 30018 1,055 6,302/8,248

Mackay SSC 30988 943 1,773/8,248 Balberra SSC 30084 1,009 4,140/8,248 Dumbleton SSC 30517 1,055 6,304/8,248

Calen SSC 30293 946 1,857/8,248 Alligator Creek (Mky-Qld) SSC 30025 1,010 4,192/8,248 Pleystowe SSC 31337 1,055 6,311/8,248

Seaforth (Qld) SSC 31462 965 2,420/8,248 Pinnacle (Qld) SSC 31330 1,010 4,202/8,248 Mackay Harbour SSC 39089 1,056 6,348/8,248 SEIFA DISADVANTAGE cont.

National National National 2016 Suburbs Score 2016 Suburbs Score 2016 Suburbs Score Rank Rank Rank

Bakers Creek (Qld) SSC 30083 968 2,517/8,248 Kuttabul SSC 30916 1,011 4,246/8,248 Victoria Plains SSC 31702 1,064 6,692/8,248

Sarina SSC 31454 968 2,523/8,248 Homebush (Qld) SSC 30770 1,014 4,381/8,248 Eimeo SSC 30556 1,065 6,735/8,248

Laguna Quays SSC 30921 973 2,690/8,248 Palmyra (Qld) SSC 31294 1,018 4,590/8,248 Marian SSC 31016 1,067 6,811/8,248

Koumala SSC 30903 980 2,924/8,248 Mackay (R) 1,018 432/564 Ooralea SSC 31269 1,073 7,039/8,248

South Mackay SSC 31500 980 2,929/8,248 Andergrove SSC 30039 1,019 4,628/8,248 Balnagowan SSC 30093 1,074 7,079/8,248

St Helens Beach SSC 31527 982 3,000/8,248 Freshwater Point SSC 30630 1,020 4,677/8,248 Habana SSC 30719 1,076 7,134/8,248

Ball Bay SSC 30088 983 3,034/8,248 Hampden (Qld) SSC 30726 1,020 4,680/8,248 The Leap SSC 31615 1,076 7,138/8,248

North Mackay SSC 31244 985 3,117/8,248 Munbura SSC 31181 1,020 4,687/8,248 Shoal Point SSC 31476 1,078 7,206/8,248

Mount Martin SSC 31244 986 3,151/8,248 North Eton SSC 31240 1,020 4,688/8,248 Blacks Beach SSC 30175 1,082 7,321/8,248

Yalboroo SSC 31834 987 3,190/8,248 Dunnrock SSC 30523 1,021 4,722/8,248 Erakala SSC 30574 1,083 7,356/8,248

Sarina Range SSC 31456 989 3,279/8,248 Mount Jukes SSC 31135 1,025 4,901/8,248 Rural View SSC 31442 1,084 7,391/8,248

Slade Point SSC 31485 989 3,281/8,248 Sandiford SSC 31451 1,028 5,034/8,248 Greenmount (Mky-Qld) SSC 30702 1,088 7,522/8,248

Gargett SSC 30634 991 3,358/8,248 McEwens Beach SSC 31029 1,031 5,190/8,248 Glenella SSC 30663 1,091 7,608/8,248

Mount Pelion SSC 31156 995 3,515/8,248 Racecourse SSC 31368 1,032 5,238/8,248 Richmond (Mky-Qld) SSC 31397 1,104 7,899/8,248

Mirani SSC 31069 997 3,615/8,248 Grasstree Beach SSC 30698 1,036 5,451/8,248 Dolphin Heads SSC 30500 1,108 7,949/8,248

Eton SSC 30579 998 3,659/8,248 Oakenden SSC 31261 1,037 5,505/8,248 (Gladstone-Qld) SSC 30429 No score

Mount Ossa SSC 31155 998 3,662/8,248 Farleigh SSC 30598 1,044 5,816/8,248 Crediton SSC 30445 No score

West Mackay SSC 31750 998 3,665/8,248 Bucasia SSC 30250 1,045 5,854/8,248 Cremorne SSC 30446 No score

The local government area of Mackay achieved a score of 987 and ranked 318 out of 564 local government areas with SEIFA scores in Australia. This implies there are 132 local government areas less disadvantaged and 317 local government areas more disadvantaged. Of 78 suburbs located within Mackay, the least disadvantaged suburb was Richmond (Mackay – QLD) (103) followed by (1,117). The most disadvantaged suburb was Cremorne (QLD) at a score of 856. Mackay’s least disadvantaged suburbs appear concentrated in the centre of the local government area.

Of Mackay’s population, 12.1% were aged between Of Mackay’s population, 5.1% identified as either 15 and 24 years of age. Of these persons, 14.0% Aboriginal and / or Torres Strait Islander at the time were identified as Disengaged Youth (persons not of the 2016 Census. employed or engaged in education) which is higher than the state at 11.5% of young adults.

6.9% 7.8%

14% 5.1%

18.6%

37%

23.5% 87.1%

> DISENGAGED YOUTH 14% > INDIGENOUS 5.1% > YOUTH ENGAGED IN EMPLOYMENT 37% > NON-INDIGENOUS 87.1% > YOUTH ENGAGED IN EDUCATION 23.5% > NOT STATED 7.8% > YOUTH ENGAGED IN EDUCATION AND EMPLOYMENT 18.6% > NOT STATED (fully or partially not stated) 6.9%

Mackay Economic Profile | 2018

The following graphs illustrate the profile of employed people whose place of work is located within the Mackay Region, which includes residents and non-residents.

The total employment estimate for the Mackay Compared to the Mackay - Isaac - as at the 2016 Census was 47,975 jobs. (SA4) and State averages, the Mackay Region has a The ‘Health Care and Social Assistance’ industry distinct representation across all occupations, with a sector comprised 5,948 jobs; followed by ‘Retail higher representation of ‘Clerical and Administrative Trade’ (5,454 jobs) and ‘Education & Training’ Workers’. (4,038 jobs).

Health Care and Social Assistance 5,948 11.4% Managers 11.1% Retail Trade 5,454 12.1%

Education and Training 4,038 16.0% Professionals 13.1% 3,988 Construction 20.3% 18.3% 3,542 Manufacturing Technicians and Trade 20.0% Transport, Postal 3,357 Workers 14.2% and Warehousing Accommodation and Community 10.0% 3,337 Food Services and Personal 8.7% Service 11.7% 2,715 Other Services Clerical 13.8% 2,623 Mining and Admin 10.9% Workers 13.7% 2,407 Public Administration and Safety 10.2% Sales 8.1% 2,199 Professional, Scientific and Technical Workers 9.9% 2,045 Wholesale Trade Machinery 9.2% 1,873 Agriculture, Forestry and Fishing Operators 16.4% and Drivers 6.8% 1,536 Administrative and Support Services 10.7% Labourers 11.0% 883 Rental, Hiring and Real Estate Services 10.5% 758 Financial and Insurance Services Not stated - 0.5% Inadequately 0.6% 517 Electricity, Gas, Water and Waste Services described 0.8%

446 Arts and Recreational Services 0 5 10 15 20 25

309 Information Media and Telecommunications PROPORTION OF WORKFORCE (%)

0 1,000 2,000 3,000 4,000 5,000 6,000 Work in Mackay (R) Work in Mackay - Work in Queensland Isaac - Whitsunday JOBS (State) (SA4)

Mackay Economic Profile | 2018 The workforce age profile for the Mackay Region Between the 2011 and 2016 Census periods, there shows a lower proportion of workers in younger age was a net increase of 3,205 jobs in the Mackay groups (20-44 years) compared to the Mackay - Region, building on the 44,770 jobs in 2011. Isaac - Whitsunday (SA4) and State benchmarks. ‘Health Care & Social Assistance’ increased by 1,352 jobs becoming the largest employing sector in Mackay in 2016. ‘Manufacturing’ declined by 6.7% 1,300 jobs between 2011 and 2016. 15 - 19 5.4% 5.9% 9.0% TOTAL: 3,205 20 - 24 8.5% 9.7% 1,352 Health Care & Social Assistance

21.1% 963 Education and Training 25 - 34 22.6% 21.8% 925 Mining 20.9% 470 Administrative and Support Services 35 - 44 22.5% 22.0% 397 Accommodation and Food Services 23.1% 45 - 54 22.9% 322 Agriculture, Forestry and Fishing 21.9% 317 Public Administration and Safety 16.2% 55 - 64 15.1% 220 Retail Trade 14.9% 171 Arts and Recreational Services 2.7% 65 - 74 2.8% 115 Transport, Postal and Warehousing 3.5% 66 0.3% Electricity, Gas, Water and Waste Services 0.2% 75 - 84 54 Other Services 0.4% 0.0% 14 Financial and Insurance Services Over 0.0% 0.0% -19 Information Media and Telecommunications

0 5 10 15 20 25 -94 Rental, Hiring and Real Estate Services

-141 Construction PROPORTION OF WORKFORCE (%) Work in Mackay (R) Work in Mackay - -307 Wholesale Trade Isaac - Whitsunday Work in Queensland -320 Professional, Scientific and Technical (State) (SA4) -1,300 Manufacturing

-1,000 0 1,000 2,000 3,000 4,000

JOBS 3,205 additional jobs between 2011 and 2016

Of the 47,975 jobs in the Mackay Region, 43,997 One fifth of workers in the Mackay Region work (91.7%) reside in the Mackay Region. Over 99% between 35 to 39 hours. Mackay’s workforce has a of the workforce uses the following methods of tendency to work less hours than Mackay – Isaac – travel to work in the Mackay Region. Approximately Whitsunday (SA4) but tends to work longer hours 80.5% of workers travel by car (either as driver compared to the State with 18.8% of the workforce or passenger), 4.6% worked at home and 2.2% stating they work hours beyond a standard full-time walked. workload.

3.2% 36,133 Car, as driver 0 hrs 4.0% 3.4% 4,434 Did not go to work 10.7% 1-15 8.8% 2,487 Car, as passenger hrs 11.1% 2,200 Worked at home 8.8% 16-24 7.2% 1,071 Walked only hrs 9.5% 312 Truck 11.5% 25-34 10.1% 312 Motorbike / scooter hrs 12.2% 292 Bicycle 20.0% 35-39 16.0% 187 Bus hrs 19.4% 106 Car and Other 15.5% 40 hrs 13.6% 17.3% 0 5,000 15,000 25,000 35,000 10.5% 41-48 11.5% JOBS hrs 9.6% 18.8% 49 hrs + 27.8% 16.5% Not Stated/Not 1.0% Applicable 1.1% 1.0%

0 5 10 15 20 25 30

PROPORTION OF WORKFORCE (%)

Mackay Region Mackay - Isaac - Whitsunday (SA4) Queensland (State)

Mackay Economic Profile | 2018 GRP: $7.540 Billion Gross Regional Product (GRP) is the total value of final goods and services produced in the region over the period of one year. This includes exports but subtracts imports. GRP can be measured by adding up all forms of final expenditure. These include: > consumption by households > consumption by governments > additions or increases to assets (minus disposals) > exports (minus imports)

The Gross Regional Product for Mackay (R) was calculated using the Expenditure method

$8,000 $64,000

$7,000 $62,000

$6,000 $60,000

$5,000 $58,000 $4,000 $56,000 GRP ($M) $3,000

$54,000 CapitaPer ($’000) $2,000

$1,000 $52,000 $5,573.63 $6,112.74 $6,541.19 $6,624.33 $6,756.17 $6,961.66 $7,225.93 $7,539.85

$0.00 $50,000 2010 2011 2012 2013 2014 2015 2016 2017

Gross Regional Product Per Capita GRP ($’000)

The Mackay regional gross product for 2017 was $7.540 billion. This represents 47.3% of Mackay - Isaac - Whitsunday (SA4) gross regional product and 2.3% of Queensland’s gross product. For the last seven years, Mackay has experienced positive growth in GRP and mostly positive growth in gross regional product per capita increasing from $55,176 in 2010 to $65,581 in 2017.

Value Regional Regional GRP Output Added Exports Imports ($M) ($M) ($M) ($M) ($M)

Mackay Region $7,539.852 - $15,487.072 - $7,016.866 - $5,065.165 - $3,615.109 - Mackay - Isaac - $15,928.643 47.3% $34,615.045 44.7% $15,129.209 46.4% $17,697.544 28.6% $10,840.847 33.3% Whitsunday Queensland $326,995.000 2.3% $661,089.887 2.3% $305,603.214 2.3% $105,697.239 4.8% $99,261.172 3.6%

Mackay Economic Profile | 2018 Value-added data represents the marginal economic value that is added by each industry sector in a defined region. Value-added can be calculated by subtracting local expenditure and expenditure on regional imports from the output generated by an industry sector, or alternatively, by adding the Wages & Salaries paid to local employees, the gross operating surplus and taxes on products and production. Value-added by industry sector is Output data represents the gross revenue the major element in the calculation of Gross generated by businesses / organisations in each of Regional Product. the industry sectors in a defined region. The total value-added by the Mackay regional The output generated by the Mackay regional economy is estimated at $7.017 billion. ‘Rental, economy is estimated at $15.487 billion. Hiring & Real Estate Services’ contributes the ‘Manufacturing’ accounts for $2.585 billion followed highest value-added ($990.390 million), followed by ‘Mining’ ($2.032 billion) and ‘Construction’ by ‘Mining’ ($843.490 million) and ‘Construction’ ($1.843 billion). ($588.820 million).

$2,584.782 Manufacturing $990.390 Rental, Hiring & Real Estate Services

$2,032.416 Mining $843.490 Mining

$1,842.936 Construction $588.820 Construction Rental, Hiring & Real $1,503.483 $511.520 Manufacturing Estate Services Transport, Postal & $1,134.093 Transport, Postal and Warehousing $508.800 Warehousing Health Care & Social $721.855 Wholesale Trade $502.090 Assistance $691.889 Health Care and Social Assistance $361.420 Education and Training

$587.929 Agriculture, Forestry and Fishing $359.270 Wholesale Trade

$579.937 Retail Trade $354.300 Retail Trade

$552.324 Professional, Scientific and Technical $299.540 Agriculture, Forestry and Fishing

$473.489 Education and Training $297.900 Financial and Insurance Services

$463.491 Financial and Insurance Services $267.080 Public Administration and Safety

$463.417 Public Administration and Safety $259.790 Professional, Scientific and Technical

$446.128 Accommodation and Food Services $204.280 Administrative and Support Services

$392.034 Other Services $196.060 Accommodation and Food Services

$388.692 Administrative and Support Services $188.680 Electricity, Gas, Water & Waste Services

$378.651 Electricity, Gas, Water & Waste Services $183.830 Other Services

$171.436 Information Media & Telecommunications $70.890 Information Media & Telecommunications

$78.091 Arts and Recreational Services $28.720 Arts and Recreational Services

0 500 1,000 1,500 2,000 2,500 3,000 0 200 400 600 800 1,000

OUTPUT ($M) VALUE-ADDED ($M) Local Expenditure: $4.855 Billion

Local Expenditure data represents the value of Regional Exports data represents the value of intermediate goods and services purchased by goods and services exported outside of the region local industry sectors within the region. A high level that have been generated by industry sectors within of local expenditure on intermediate goods and the region. The graph on the bottom depicts the services proportionate to total output is indicative contribution to total regional exports generated by of well-developed local supply chains and also that each of the industry sectors ranked from highest to any expansion in this sector would typically deliver lowest. broad based benefits for the region’s economy. The total regional export estimate for the Mackay The total local expenditure estimate for Mackay Region is $5.065 billion. The ‘Mining’ sector has is $4.855 billion. The ‘Construction’ sector has the highest level of regional exports of $1.857 the highest level of local expenditure, purchasing billion, followed by ‘Manufacturing’ ($1.378 billion) $935.536 million on locally sourced goods and and ‘Transport, Postal & Warehousing’ ($415.833 services. million).

$935.536 Construction $1,857.435 Mining

$785.366 Manufacturing $1,377.725 Manufacturing

$690.427 Mining $415.833 Transport, Postal and Warehousing

$417.162 Transport, Postal and Warehousing $275.100 Agriculture, Forestry and Fishing

$306.099 Rental, Hiring & Real Estate Services $256.605 Wholesale Trade

$237.136 Wholesale Trade $209.381 Construction

$175.482 Professional, Scientific and Technical $153.127 Rental, Hiring & Real Estate Services

$168.745 Agriculture, Forestry and Fishing $131.255 Other Services

$153.150 Electricity, Gas, Water & Waste Services $111.870 Education and Training

$140.593 Retail Trade $83.405 Accommodation and Food Services

$128.049 Other Services $51.241 Electricity, Gas, Water & Waste Services

$127.898 Accommodation and Food Services $49.150 Administrative and Support Services

$126.928 Public Administration and Safety $25.378 Health Care and Social Assistance

$116.768 Administrative and Support Services $23.632 Retail Trade

$110.521 Health Care and Social Assistance $21.981 Professional, Scientific and Technical

$93.891 Financial and Insurance Services $8.960 Financial and Insurance Services

$65.229 Education and Training $8.772 Information Media & Telecommunications

$48.811 Information Media & Telecommunications $2.422 Arts and Recreational Services

$27.308 Arts and Recreational Services $1.894 Public Administration and Safety

0 200 400 600 800 1,000 0 500 1,000 1,500 2,000

LOCAL EXPENDITURE ($M) REGIONAL EXPORTS ($M)

Mackay Economic Profile | 2018 Regional Imports: $3.615 Billion

$1,287.898 Manufacturing

$498.500 Mining

$318.584 Construction

Regional Imports data represents the value of $208.129 Transport, Postal and Warehousing goods and services imported from outside of the $206.997 Rental, Hiring & Real Estate Services region. Imports are necessary for many reasons and the following graph depicts the value of sector $125.446 Wholesale Trade dependency on total regional imports by each of the $122.166 Accommodation and Food Services industry sectors ranked from highest to lowest. $119.641 Agriculture, Forestry and Fishing The total regional import estimate for Mackay is $3.615 billion. The ‘Manufacturing’ sector $117.048 Professional, Scientific and Technical represented 35.6% of total imports with a value of $85.046 Retail Trade $1.288 billion. $80.153 Other Services Within the ‘Manufacturing’ sector, the ‘Food Product Manufacturing’ sector imports $430.254 $79.279 Health Care and Social Assistance million (11.9% of total region imports) followed by $71.703 Financial and Insurance Services ‘Technical Equipment & Appliance Manufacturing’ at $273.265 million (7.6% of total region imports). $69.407 Public Administration and Safety

Imports reflect demand in the area’s economy $67.649 Administrative and Support Services for goods and services not supplied locally $51.737 Information Media & Telecommunications and therefore represent ‘Gaps’ in local supply chains. Imports from the rest of Australia have $46.838 Education and Training the potential to reflect opportunities for import $36.826 replacement, increased value-adding and supply Electricity, Gas, Water & Waste Services chain development. See ‘Import Replacement $22.061 Arts and Recreational Services Opportunities’. 0 200 400 600 800 1,000 1,200 1,400

REGIONAL IMPORTS ($M) Taking into consideration potential import replacement opportunities as well as current contributions to the regional economy in terms of employment, value-added and local expenditure on goods and services (backward linkages), key propulsive industries sectors have been identified. In order to understand the contributions of industry sectors in more detail, the general 19 industry sector classification has been broken down to the 45 industry sub-sector level. The following key propulsive industry sub-sectors have been identified as the key drivers of the Mackay Region’s economy: > Transport > Construction > Construction Services > Mining

Employment is a key social MINING (2,277) outcome of economic CONSTRUCTION (1,326) development; employment data represents the number of people employed by businesses/ JOBS organisations in each of the CONSTRUCTION % JOBS industry sectors in the Mackay 5 SERVICES (2,662) % Region. The total employment 3 JOBS % estimate for the Mackay Region is 5 TRANSPORT JOBS (2,217) 47,975 jobs. The key propulsive 5% industries collectively contribute 8,482 jobs, accounting for 17.7% EMPLOYMENT of total Mackay Region jobs. JOBS 82% JOBS OTHER (39,493) Between 2011 and 2016, employment within the key propulsive sectors increased by 14.9% from 7,379 jobs in 2011. Mining was responsible for the majority of growth at an increase of 1,368 jobs where Transport and Construction declined between 2011 and 2016 (-125 and -440 respectively). At the 45 industry sector level, the largest employer in the region was ‘Retail Trade’ comprising 5,454 jobs and accounting for 11.4% of total Mackay Region jobs.

Mackay Economic Profile | 2018 Regional Exports represents the value of goods and services exported outside of the Mackay Region that have been generated by local businesses / organisations. Another way of defining exports is as an inflow of money into the region. The total regional export estimate EXPORTS for the region is $5.065 billion. 36% ($M) MINING ($1,820.57) The selected sectors collectively EXPORTS contribute $2.344 billion (46.3%) 3 % of total regional exports. 6 % EXPORTS At the 45 industry sector level, 54% EXPORTS the largest exporter in the region EXPORTS was the ‘Mining’ sector ($1.821 CONSTRUCTION ($160.56) billion), followed by ‘Food Product CONSTRUCTION SERVICES Manufacturing’ ($858.771 ($48.82) (1%) million), with the third largest OTHER exporter being the ‘Transport’ ($2,721.02) TRANSPORT sector ($314.193 million). ($314.19) The total value-added estimate for the Mackay Region is $7.017 billion. The selected sectors collectively contribute $1.684 billion (24.0%) of total value- MINING ($797.68) added. 24% At the 45 industry sector level, the largest exporter in the region was the ‘Property Services’ VALUE-ADDED sector ($921.279 million), ($M) 8% followed by ‘Mining’ ($797.682 CONSTRUCTION million), with the third largest ($279.42) exporter being the ‘Education & Training’ sector ($361.422 9% 50% million). CONSTRUCTION 9% SERVICES ($309.40)

OTHER TRANSPORT ($1,683.70) ($297.20)

Mackay Economic Profile | 2018 This report shows the value of intermediate goods and services purchased by 18% MINING industry sectors within the ($668.79) Mackay Region. The total local expenditure estimate for the LOCAL Mackay Region is $4.855 EXPENDITURE 13% billion. The selected sectors ($M) CONSTRUCTION collectively contribute $1.862 ($488.25) billion (38.4%) of total local expenditure. 12% 50% CONSTRUCTION 7% SERVICES ($447.29)

OTHER ($1,861.91) TRANSPORT($257.58)

At the 45 industry sector level, ‘Mining’ was the highest contributor in terms of local expenditure ($668.794 million), followed by ‘Construction’ ($488.246 million) and ‘Food Product Manufacturing’ ($477.656 million), with the ‘Construction Services’ sector ($447.289 million) the next highest contributor. The key propulsive industry sectors may not necessarily make the largest contributions to the region’s economy at present, however due to well-developed local supply chains these sectors have a significant capacity to deliver broad based economic benefits for the region. $505.368 Manufacturing

$471.730 Mining Imports reflect demand in the area’s economy for goods and services not supplied locally and $314.584 Construction therefore represent ‘Gaps’ in local supply chains. $175.790 Transport, Postal & Warehousing Imports from the rest of Australia may indicate opportunities for import replacement, increased $173.640 Rental, Hiring & Real Estate Services value-adding and supply chain development. Supply $123.190 Wholesale Trade of these goods and services is currently feasible in the Australian context and may provide a guide to $95.761 Agriculture, Forestry and Fishing realistic, high value strategic opportunities to further $90.282 Professional, Scientific and Technical develop the local economy. The total replacement of imports with local production is improbable however $85.046 Retail Trade it may be possible to capture a proportion of this escape expenditure. $78.334 Other Services Total imports by industry sectors in the Mackay $75.283 Health Care & Social Assistance Region from the rest of Australia are estimated at $69.376 Public Administration and Safety

$2.584 billion. The ‘Manufacturing’ sector imports DEMANDLOCAL SECTORS $505.368 million (19.6%) of goods and services $66.070 Accommodation and Food Services for input to production from the rest of Australia, $64.682 Financial and Insurance Services the ‘Mining’ sector imports $471.730 million, accounting for 18.3% of industry imports, and the $57.114 Administrative and Support Services ‘Construction’ sector imports $314.584 million from $45.604 Education and Training outside of the Mackay Region. $36.789 Information Media & Telecommunications

$36.670 Electricity, Gas, Water & Waste Services

$19.140 Arts and Recreational Services

0 100 200 300 400 500 DOMESTIC IMPORTS - DEMAND (From rest of Australia) ($M)

Mackay Economic Profile | 2018 In order to identify potential gaps within the region, REMPLAN data has been applied at the 45 industry sector level. The local industry sectors import a total of $2.584 billion of goods and services from the rest of Australia, conversely industry sectors in the rest of Australia supply $2.584 billion of goods and services to the local industries as part of the process of production. Industry sectors within the Mackay Region import $281.944 million from the ‘Financial & Insurance Services’ sector, $272.263 million from the ‘Professional, Scientific & Technical Services’ sector, and $170.468 million from the ‘Petroleum & Coal Product Manufacturing’ sector from the ‘rest of Australia’.

300 $281.940 $272.260

250

200 $170.470 Technical Equipment & Appliance Equipment & Appliance Technical Manufacturing Exploration & Mining Support Services Mining ($M)

150 Grains & Other Agriculture Livestock, Property Services Property $161.330 $154.630 Food Product Manufacturing Product Food Information Media & Telecommunications $149.700 $146.180

100 Manufacturing Metal &Metal Product $133.230 Basic Chemical, Cleaning & polymer Manufacturing Transport Equipment & Parts Manufacturing Equipment & Parts Transport Electricity Wholesale Trade Accommodation & Food Services & Food Accommodation Construction Services $108.110 $107.880 Saw Mill, Wood & Paper Product Manufacturing Product & Paper Saw Mill, Wood Construction $96.230 Apparel Manufacturing Apparel Transport $47.950 50 $45.650 $76.040 $36.240 $73.020 $66.510 $62.720 $55.830 $53.280 $50.820 Petroleum & Coal Product Manufacturing & Coal Product Petroleum Financial and Insurance Services Services Technical Scientific and Professional, 0 Non-Metallic Mineral Product Manufacturing Non-Metallic Mineral Product Gas, Water & Waste Services & Waste Gas, Water Administrative & Support Services Administrative Public Administration, Regulatory Service, Order & Administration, Public Beverage Manufacturing Product Pharmaceutical Product Manufacturing Pharmaceutical Product Printing (including the reproduction of recorded media) Printing Repair, Maintenance & Other Services Repair, Other Manufactured Products Education & Training Retail Trade Support Services & Storage Transport Forestry, Fishing & Hunting Forestry, Heritage, Creative & Performing Arts Heritage, Creative & Performing Sports, Recreation & Gambling Postal & Courier Pick-up & Delivery Service & Courier Pick-up Postal $33.350 Furniture Manufacturing Furniture Aquaculture Defence Services Personal Residential Care & Social Assistance Services $27.930 $22.210 $21.060 $18.610 $17.170 $15.780 $14.640 $13.220 $11.900 $8.160 $7.460 $5.130 $4.950 $4.790 $3.650 $2.810 $0.940 $0.440 $0.190 $0.050

Mackay Economic Profile | 2018

There were 204 new dwelling approvals during the 2016-17 financial year, comprising 202 houses and 2 “other” (unit) dwellings, a decrease of 93 approvals over the previous 12 months. Over the last 10 years, separate house approvals have accounted for approximately 82% of total dwelling approvals. The highest levels of unit approvals occurred in 2013-14 (36% of total approvals).

Houses Other 1,800

1,600 428 1,400 175 1,200

1,000 280 170 119 450

800 142 109 600

400 94 52 846 909 671 966 723 1,198 1,372 806 367 2 200 245 202 0 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

The total value of building approvals during 2016-17 was $146.637 million. The value of residential building approvals peaked in 2009-10 at $955.5 million. The value of ‘non-residential’ approvals has generally accounted for more than one-third of the value of total building approvals.

Residential Non-Residential 1,000

800 $621.20 $313.96 600 $259.32 $263.65 ($M)

400 $111.94 $171.62 $146.65 $108.38

200 $100.24 $334.03 $316.17 $251.06 $334.29 $274.35 $420.63 $571.36 $371.32 $47.62 $166.11 $66.99 $106.08 0 $79.65 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

Mackay Economic Profile | 2018 31

Residential Non-Residential Total

($M) % Change ($M) % Change ($M) % Change

2006 - 07 $334.03 46.6% $111.94 34.9% $445.97 43.5% 2007 - 08 $316.17 -5.3% $171.62 53.3% $487.79 9.4% 2008 - 09 $251.06 -20.6% $146.65 -14.5% $397.71 -18.5% 2009 - 10 $334.29 33.2% $621.20 323.6% $955.49 140.2% 2010 - 11 $274.35 -17.9% $108.38 -82.6% $382.73 -59.9% 2011 - 12 $420.63 53.3% $259.39 139.3% $679.95 77.7% 2012 - 13 $571.36 35.8% $313.96 21.1% $885.32 30.2% 2013 - 14 $371.32 -35.0% $263.65 -16.0% $634.96 -28.3% 2014 - 15 $166.11 -55.3% $100.24 -62.0% $266.36 -58.1% 2015 - 16 $106.08 -36.1% $47.62 -52.5% $153.70 -42.3% 2016 - 17 $79.65 -24.9% $66.99 40.7% $146.64 -4.6%

Source: ABS, Building Approvals Australia, 8731.0

For the year to September 2017, 227 lots were approved for residential development in Mackay. For years ending between 2007 and 2017*, the highest number of annual approvals occurred in the year ending 2007 at 1,841 and lowest level in 2015 at 140 approvals. Lot approvals in Mackay regularly fluctuate but have displayed a gradual decline since 2007.

2,000 1,841 1,800

1,600 1,474 1,400 1,348 1,200 1,111 1,000 1,023

800 846 711 121 600

400 407

200 140 227 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017*

*For year ending September 2017 32

Lot registration is the final stage of development of new lots. There is generally a time lag between lots being approved and lots being registered. There were 123 lot registrations in 2017. The total number of lot registrations in the Mackay Region has generally declined since 2013 to 2017 to a low of 113 registrations in 2016. Registrations peaked in 2012 as 1,401. Historically, standard lots (60m2 to <2,500m2) account for the majority of lot registrations at approximately 75.1% of total registrations.

Urban Residential Lot Registrations Low Density Total Lot Lot Registration Standard Lots1 Unit & Townhouse Registrations Total Urban Lots 2,500m2 to 5ha (60m2 to <2,500m2) Lots2

2007 759 76 835 90 925 2008 839 133 972 115 1,087 2009 650 236 886 107 993 2010 497 149 646 75 721 2011 1,059 53 1,112 126 1,238 2012 1,198 126 1,324 77 1,401 2013 1,112 118 1,230 107 1,337 2014 464 263 727 120 847 2015 170 139 309 60 369 2016 70 17 87 26 113 2017* 61 10 71 52 123

1,400 77 107 Urban Lots 126 1,200 Low Density Lots 126 118 Unit & Townhouses Lots 1,000 115 107 90 133 800 236 120 75 600 149 263

400 60

139 200 26 52 759 839 650 497 1,059 1,198 1,112 464 170 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Mackay Economic Profile | 2018 33 New Vacant Lot Sales: 192

There were a total of 192 new lot sales for year ending September 2017 within the Mackay Region. The median price per square metre was valued at $229 in the same period. Both the volume and price of vacant lots have been in decline since 2012.

Median $/m2 New Lot Sales (140m2 to 2,500m2)(1) 1,600 1,440 $400

1,400 $350 1,200 1,093

1,000 904 $300

800 720 712 660 $250 600 564

400 192 286 $200 183 200 165

0 $150 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017*

The median sale price for vacant land in Mackay for year ending September 2017 is $164,000 compared to $161,000 for the Mackay – Isaac – Whitsunday (SA4). The median sale price of vacant land has been declining since 2013 in contrast to state performance. There has been some recovery since 2016.

Mackay Mackay - Isaac - Whitsunday (SA4) Queensland $260,000

$240,000

$220,000

$200,000

$180,000

$160,000

$140,000

$100,000

0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017*

*For year ending September 2017 Dwelling 34 Sales: 1,494

NEW VACANT LOT SALES AND MEDIAN PRICE Vacant Land(1) New Lot Sales Median Sale Price (2) Median $/m2 (140m2 to 2,500m2) 1)

2007 720 $183,000 $244 2008 564 $179,000 $237 2009 904 $174,000 $229 2010 712 $183,000 $256 2011 1,093 $181,000 $276 2012 1,440 $201,000 $328 2013 660 $208,000 $346 2014 286 $204,000 $331 2015 183 $177,000 $269 2016 165 $157,000 $204 2017* 192 $164,000 $229

*For year ending September 2017 1 Normal sales and multi-sale transactions. Excludes part-sales and special circumstance sales 2 Normal sale transactions. Excludes mulit-sales, part sales and special circumstance sales Source: Queensland Government Statistician’s Office, Queensland Treasury

There were a total of 1,494 new and established detached and attached dwelling sales for the year ending September 2017 within the Mackay Region, of which 86% were detached house sales. Detached housing sales have generally accounted for 84% of dwelling sales activity within the region and units and townhouses have accounted for rest of the number of dwelling sales.

Detached Houses 3,500 Units and Townhouses 3,000 528 2,500 496 409 421 335 2,000 320 425 1,500 202 212 191 151 1,000 2,480 2,122 2,058 1,828 1,965 1,225 1,574 1,196 1,109 1,208 1,292 500

0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017*

Mackay Economic Profile | 2018 35

According to Queensland Treasury from 2013, both the detached and attached dwelling markets have been experiencing a decrease in both dwelling prices and number of sales. Between 2013 and Year ending September 2017, the median price of detached housing decreased by 22% from $427,000 to $331,000. Over the same period, the median price of attached housing has fallen from $368,000 to $212,000. *This data is according to the Queensland Treasury. The difference in stated median house prices to the Queensland Market Monitor on page 37 is due to variation in methodology resulting in differing estimates of median dwelling prices in Mackay.

$500,000 Detached Houses

$450,000 Units and Townhouses $400,000

$350,000

$300,000 $331,000

$250,000

$200,000 $212,000 $150,000

$100,000

$50,000

0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017*

*For year ending September 2017

Number of Dwelling Sales Median Sale Price Units and Units and Detached Houses Total Sales Detached Houses Townhouses Townhouses

2007 2,480 528 3,008 381,000 295,000 2008 2,122 409 2,531 386,000 320,000 2009 2,058 421 2,479 392,000 303,000 2010 1,828 320 2,148 408,000 328,000 2011 1,965 335 2,300 415,000 328,000 2012 2,225 496 2,721 431,000 342,000 2013 1,574 425 1,999 427,000 368,000 2014 1,196 212 1,408 400,000 332,000 2015 1,109 191 1,300 364,000 268,000 2016 1,208 151 1,359 334,000 226,000 2017* 1,292 202 1,494 331,000 212,000

Source: Queensland Government Statistician’s Office, Queensland Treasury *For year ending September 2017 Median House Price: $320,000

Ooralea 7.1%

Rural View 6.5%

Walkerston 5.0%

The median house price for the Mackay Region Glenella 3.5% in the year ending June 2017 was $320,000, Bucasia 0.8% representing a 4.7% decrease over the year prior and 14.0% decrease compared to five years ago. South Mackay 0.6% Over the last 12 months, the majority of suburbs in Beaconsfield -1.8% Mackay experienced a decrease in median house price. Ooralea experienced the largest increase at Blacks Beach -2.2% 7.1%. Mount Pleasant -2.8% *This data is according to the Queensland Market Monitor. The difference in stated median house prices to the Queensland Marian -3.6% Treasury on page 36 is due to variation in methodology resulting in differing estimates of median dwelling prices in Mackay. Eimeo -4.3%

Mackay LGA* -4.7%

West Mackay -4.9%

Sarina -4.9%

Mackay LGA -5.6%

North Mackay -8.1%

East Mackay -9.9%

Slade Point -13.3%

0 2.5 5.0 7.5 10

Mackay Economic Profile | 2018 37

The REIQ Market Monitor states that in Mackay “The outlook of the house and unit sale markets remains challenging with both markets [house and unit markets] classed as falling. However, the improvement of some market trend indicators may be revealing early signs that the house market could be turning around from the falling cycle over the months ahead. Local real estate agents have stressed arecent improvement in business confidence as the key factor supporting an upcoming recovery of the housing sector.” (Issue 35, page 56)

Median House Sales Data - June Qtr 2017 Sales Jun Annual Median Suburb/Locality Qtrly Median Sale Annual Change 5 Year Change Qtr (No.) Price

Andergrove 17 N/A $315,000 3.3% -23.2% Beaconsfield 5 N/A $334,500 -1.8% -18.4% Blacks Beach 8 N/A $340,000 -2.2% -32.5% Bucasia 9 N/A $317,500 0.8% -31.7% East Mackay 3 N/A $340,000 -9.9% -18.7% Eimeo 0 N/A $335,000 -4.3% -25.6% Glenella 8 N/A $445,000 3.5% -16.0% Marian 8 N/A $400,000 -3.6% -13.0% Mount Pleasant 7 N/A $345,000 -2.8% -20.2% North Mackay 13 N/A $237,000 -8.1% -35.1% Ooralea 2 N/A $428,500 7.1% -11.1% Rural View 10 N/A $383,000 6.5% -20.5% Sarina 3 N/A $245,000 -4.9% -28.2% Slade Point 2 N/A $277,350 -13.3% -26.0% South Mackay 6 N/A $270,000 0.6% -27.0% Walkerston 9 N/A $367,500 5.0% -15.5% West Mackay 13 N/A $290,000 -4.9% -23.7% Mackay LGA 158 $335,000 $320,000 -5.6% -23.8% Mackay LGA* 27 $395,000 $415,000 -4.7% -14.0%

*Indicates acreage sales only (with land size grater than 2,400m2). All other data is based upon sales with a land size of less than 2,400m2. Source: Queensland Market Monitor, June Quarter 2017, REIQ

Regional data has been sourced from the Queensland Residential Tenancies Authority for median rental data from June Quarter 2010 to December Quarter 2017 for: > Units/Flats – two and three bedroom; > Houses – three and four bedroom; > Townhouses – two and three bedroom. The median rents in the Mackay LGA have declined since the average peaked in June 2012, however there is evidence of slight recovery since June 2017. Within the Mackay LGA, four bedroom houses have consistently experienced the highest rental rates in the region and two bedroom units have been consistently the least expensive option. Other options in Mackay appear inconsistent and experience regular and intermittent fluctuations. Two Bed Units/Flats Two Bed Townhouses Three Bed Houses 38 Three Bed Townhouses Three Bed Units/Flats Four Bed Houses

$600

$500

$400

$300

$200

$100

$0 Jun-11 Jun-10 Dec-10 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-18

Median Weekly Rent

Two Bed Units/Flats Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17

Mackay Regional $280 $295 $300 $330 $360 $360 $350 $300 $275 $245 $225 $200 $200 $190 $220 $210 Council

Isaac Regional Council $225 $225 $225 $225 $350 $300 $385 $250 $300 $200 $175 $170 $230 $160 $180 $170

Whitsunday Regional $260 $260 $250 $260 $280 $300 $300 $300 $280 $260 $260 $270 $260 $260 $250 $288 Council Three Bed Units/ Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17 Flats

Mackay Regional $400 $420 $420 $460 $500 $475 $450 $380 $360 $300 $290 $265 $280 $260 $280 $295 Council

Isaac Regional Council n.a $430 $950 $2,000 900 n.a $475 $400 $450 $270 $300 $180 $250 $225 $200 $233

Whitsunday Regional $360 $320 $340 $320 $350 $370 $395 $360 $350 $330 $290 $290 $300 $270 $315 $300 Council

Three Bed Houses Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17

Mackay Regional $375 $390 $390 $450 $460 $460 $430 $390 $350 $320 $300 $280 $280 $278 $283 $300 Council

Isaac Regional Council $560 $700 $900 $1,700 $1,100 $500 $400 $340 $275 $250 $220 $225 $200 $200 $200 $210

Whitsunday Regional $350 $350 $320 $350 $350 $350 $360 $350 $335 $320 $290 $300 $290 $305 $325 $340 Council

Four Bed Houses Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17

Mackay Regional $450 $470 $480 $530 $580 $550 $500 $450 $400 $375 $350 $340 $330 $325 $330 $370 Council

Isaac Regional Council $800 $900 $1,200 $2,300 $1,800 $650 $500 $450 $380 $320 $300 $300 $300 $300 $250 $280

Whitsunday Regional $430 $400 $400 $400 $430 $400 $400 $400 $400 $360 $350 $350 $370 $400 $420 $440 Council Two Bed Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17 Townhouses

Mackay Regional $330 $320 $360 $450 $385 $400 $400 $380 $325 $280 $280 $250 $225 $240 $235 $280 Council

Isaac Regional Council n.a n.a n.a n.a n.a n.a $375 n.a n.a $250 n.a $225 $200 $200 $250 $200

Whitsunday Regional $320 $330 $300 $350 $350 $340 $350 $360 $330 $274 $310 $270 $275 $320 $255 $320 Council Three Bed Jun-10 Dec-10 Jun-11 Dec-11 Jun-12 Dec-12 Jun-13 Dec-13 Jun-14 Dec-14 Jun-15 Dec-15 Jun-16 Dec-16 Jun-17 Dec-17 Townhouses

Mackay Regional $400 $410 $420 $405 $530 $500 $450 $380 $370 $350 $300 $290 $290 $270 $280 $300 Council

Isaac Regional Council n.a $1,000 n.a n.a n.a $545 $545 $450 $450 $375 $270 $300 $250 $270 $240 $263

Whitsunday Regional $400 $380 $355 $350 $390 $380 $380 $360 $350 $360 $315 $280 $300 $290 $350 $350 Council

Source: Residential Tenancies Authority, Queensland

Mackay Economic Profile | 2018

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Tourism is not identified as a separate industry sector in the National Accounts data, instead tourism is an amalgam of activities across various industry sectors such as retail, accommodation, cafes & restaurants, and cultural & recreational services. The Tourism Module in REMPLAN estimates the total value of tourism for the local economy.

$2,564.740 Manufacturing

$2,032.420 Mining The estimated output generated by tourism for each industry sector has been deducted and $1,842.940 Construction consolidated into a separate tourism sector. The $1,050.740 Transport, Postal & Warehousing total output estimate for the Mackay Region is $15.487 billion of which Tourism contributes $991.760 Ownership of Dwellings $474.373 million. $704.930 Wholesale Trade

$688.210 Health Care & Social Assistance

$586.900 Agriculture, Forestry and Fishing

$552.320 Professional, Scientific and Technical

$523.760 Retail Trade

$474.370 Tourism

$472.060 Rental, Hiring & Real Estate Services

$463.490 Financial and Insurance Services

$463.420 Public Administration and Safety

$463.050 Education and Training

$389.020 Other Services

$378.920 Administrative and Support Services

$378.650 Electricity, Gas, Water & Waste Services

$229.840 Accommodation and Food Services

$169.170 Information Media & Telecommunications

$66.390 Arts and Recreational Services

Tourism Output: 0 1,000 2,000 3,000 $474.373 Million OUTPUT ($M)

Mackay Economic Profile | 2018 41

Tourism output has been estimated to be $474.373 million. The graph below shows the gross revenue generated by businesses and organisations in the Mackay Region to service demand generated by tourists to the area. The employment generated to service demand from visitors for each industry sector has been estimated through applying industry profiles from the Australian Bureau of Statistics Tourism Satellite Account and consolidated into a separate tourism $216.293 Accommodation and Food Services sector. Tourism is estimated to account for 2,741 $83.352 Transport, Postal & Warehousing jobs (5.7%) of the total 47,975 jobs in Mackay.

$56.181 Retail Trade

$30.257 Ownership of Dwellings 5,916 Health Care & Social Assistance

$20.045 Manufacturing 4,926 Retail Trade

$16.929 Wholesale Trade 3,988 Construction

$11.706 Arts and Recreational Services 3,949 Education and Training

$10.438 Education and Training 3,515 Manufacturing Transport, Postal & $9.775 Administrative and Support Services 3,110 Warehousing

$9.414 Rental, Hiring & Real Estate Services 2,741 Tourism

$3.676 Health Care & Social Assistance 2,694 Other Services

$3.015 Other Services 2,623 Mining

$2.270 Information Media & Telecommunications 2,407 Public Administration and Safety

2,199 Professional, Scientific $1.032 Agriculture, Forestry and Fishing and Technical 1,997 Wholesale Trade 0 50 100 150 200 250 1,870 Agriculture, Forestry and Fishing TOURISM OUTPUT BREAKDOWN ($M) 1,719 Accommodation and Food Services

1,497 Administrative and Support Services

832 Rental, Hiring & Real Estate Services

758 Financial and Insurance Services

517 Electricity, Gas, Water & Waste Services

379 Arts and Recreational Services

305 Information Media & Telecommunications

33 Ownership of Dwellings

Tourism Employment: 0 1,000 2,000 3,000 4,000 5,000 6,000 2,741 Jobs JOBS The total tourism related employment estimate For each dollar spent by a tourist in the Mackay for the Mackay Region is 2,741 jobs. The graph Region, it is estimated that typically $0.50 is spent on the left shows the number of jobs in each on ‘Accommodation & Food Services’, $0.14 on industry sector in the region which service demand ‘Transport, Postal & Warehousing’ and $0.11 on generated by tourists to the area. ‘Retail Trade’.

1,618 Accommodation and Food Services Distribution Of Each $1 Spent By A Tourist ($) 528 Retail Trade

247 Transport, Postal & Warehousing $0.46 Accommodation and Food Services

89 Education and Training $0.18 Transport, Postal & Warehousing

67 Arts and Recreational Services $0.12 Retail Trade

48 Wholesale Trade $0.06 Ownership of Dwellings

39 Administrative and Support Services $0.04 Manufacturing

32 Health Care & Social Assistance $0.04 Wholesale Trade

27 Manufacturing $0.02 Arts and Recreational Services

21 Other Services $0.02 Education and Training

17 Rental, Hiring & Real Estate Services $0.02 Administrative and Support Services

4 Information Media & Telecommunications $0.02 Rental, Hiring & Real Estate Services

3 Agriculture, Forestry and Fishing $0.01 Health Care & Social Assistance

1 Ownership of Dwellings $0.01 Other Services

0 500 1,000 1,500 2,000 0.0 0.1 0.2 0.3 0.4 0.5 JOBS $

Mackay Economic Profile | 2018 43 Total visitors to: Mackay Region: 928,000

The visitor profile provides data for the Mackay Tourism Region for the year ending June 2017.

Visitors Holiday VFR2 Business Expenditure ($M)

Domestic Overnight 883,000 196,000 190,000 445,000 $380.40 Trend Change1 10.4% 10.5% 2.6% 13.0% 8.8% International Overnight 45,000 34,000 6,000 n/p n/p Trend Change1 0.0% 6.2% -19.7% n/p n/p TOTAL 928,000 231,000 196,000 n/p n/p Trend Change1 9.8% 9.8% 1.5% n/p n/p

1 Trend Change refers to % change between the 3 years to June 2016 and the 3 years to June 2017 2 VFR - Visiting Friends and Relatives Source: Mackay Regional Snapshot, YE June 2017, Tourism and Events Queensland

Overall, visitor numbers are on the rise with a 10.4% trend increase. The ‘Domestic Overnight’ visitor market accounted for 883,000 visitors, or 95% of total visitors. The ‘Business’ visitor market is the largest source market in the region, and over the 12 month period to June 2016, contributed just short of half of total visitation to the region.

The following data has been sourced from Tourism Research Australia, Tourism Regional Profile 2016 for the Mackay Tourism Region.

Mackay Region 2016 Domestic Day Domestic Overnight International

Average stay (nights) - 3 13 Average spend per trip $143 $518 $617 Average spend per night - $168 $48

Average spend (commercial - $186 $67 accommodation) per night

Source: Tourism Research Australia, Tourism Regional Profile 2016; Mackay 44

Trend Trend Length Year Visitors Nights Change % Change % of Stay Change

Holiday 196,000 10.5% 569,000 19.6% 2.9 1.1 VFR 190,000 2.6% 694,000 -1.8% 3.7 0.4 Business 445,000 13.0% 1,949,000 15.3% 4.4 1.0 Total1 883,000 10.4% 3,391,000 12.4% 3.8 0.4 Intrastate Holiday 162,000 10.8% 453,000 22.0% 2.8 1.0 VFR 157,000 1.3% 537,000 -2.5% 3.4 0.4 Business 404,000 11.4% 1,765,000 13.0% 4.4 0.0 Total1 770,000 9.9% 2,903,000 12.4% 3.8 0.4 Interstate Holiday n/p n/p n/p n/p n/p n/p VFR n/p n/p n/p n/p n/p n/p Business n/p n/p n/p n/p n/p n/p Total1 113,000 13.2% 448,000 12.3% 4.3 1.1 Daytrippers Visitors Annual Change % Expenditure ($M) Annual Change % Mackay 659,000 -5.5% $71.20 0.0% Queensland 39,918,000 -3.1% $4,248.70 -3.3% Australia 187,704,000 -0.3% $19,734.20 2.9%

1 Included ‘other’ visitors Source: Mackay Regional Snapshot, YE June 2017, Tourism and Events Queensland

Of the domestic visitors to Mackay, 87% are from intrastate. These visitors accounted for 86% of the visitor nights to the region. Over a twelve month period, the average length of stay of domestic visitors to Mackay has increased by 0.4 days. Mackay has experienced a decrease in the number of day-trippers (-5.5%) larger than the decreases occurring in Queensland and Australia.

The main visitor source markets were visitors from Regional QLD, accounting for 69% of visitors and 15% of visitor nights. Brisbane visitors are the second largest source market, accounting for 18% of visitors and 71% of visitor nights.

Total Visitors Visitors Annual Change % Nights Annual Change % Regional QLD 612,000 8.4% 493,000 4.0% Brisbane 158,000 10.4% 2,411,000 14.7%

Source: Mackay Regional Snapshot, YE June 2017, Tourism and Events Queensland

Mackay Economic Profile | 2018 Based on the Tourism and Events Queensland data, in the 12 months to June 2017, there were a total of 45,000 international visitors to the Mackay Tourism Region, staying for a total of 431,000 nights, with an average length of stay of 9.6 nights. International visitors in the region for ‘holiday’ purposes accounted for 76% of total international visitors and 40% of international visitor nights. The ‘VFR’ market accounted for 13% of international visitors, and 23% of international visitor nights.

Annual Annual Length Nights Visitors Nights Change % Change - % of Stay Change

Holiday 34,000 6.2% 173,000 0.7% 5.0 0.8 VFR 6,000 -19.7% 101,000 -28.3% 15.9 -11.9 Business n/p n/p n/p n/p n/p n/p Total1 45,000 0.0% 431,000 -14.6% 9.6 -2.3

1 Included ‘other’ visitors Source: Mackay Regional Snapshot, YE December 2015, Tourism and Events Queensland

Based on the Tourism and Events Queensland data, the key international source markets to the region were visitors from Germany (18%), New Zealand (n/p) and United Kingdom (n/p). The number of visitors from Germany increased by 19.9% over the past year. There are 962 businesses in Mackay considered to be a part of the tourism industry.

Employing Businesses Non-Employing Small Medium Large Total Employing Total Businesses businesses

1-4 employees 5-19 employees 20 or more employees incl.owner/manager

272 246 69 587 372 962

Source: Tourism Research Australia, Tourism Regional Profile 2016; Mackay

Approximately 39% of ‘tourism businesses’ are ‘Non-Employing Businesses’, while approximately two in three businesses (61%) located in Mackay LGA have between 1 and 19 employees.

962 Businesses engaging in the Tourism Industry

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48

As at June 2016, there were 9,747 businesses operating in the Mackay Region. The largest number of registered businesses was in the ‘Agriculture, Forestry & Fishing’ industry sector (1,896), followed by ‘Construction’ (1,682).

1,896 Agriculture, Forestry and Fishing Between 2014 and 2016, the number of registered businesses decreased by 738 businesses. The 1,682 Construction ‘Construction’ sector experienced the largest Rental, Hiring & Real 1,100 decline in business numbers (-235), followed by Estate Services the ‘Agriculture, Forestry & Fishing’ industry sector 752 Other Services (-113). The ‘Financial and Insurance Services’ industry sector experienced the largest increase in 664 Professional, Scientific & Technical business numbers from 2014 to 2016 (+67). 619 Financial and Insurance Services

555 Transport, Postal & Warehousing Financial and Insurance Services 67

479 Health Care & Social Assistance Health Care & Social Assistance 36

446 Retail Trade Education and Training 6

315 Manufacturing Manufacturing 0

306 Administrative and Support Services Public Administration and Safety -5

297 Accommodation and Food Services Information Media & Telecommunications -9

178 Wholesale Trade Electricity, Gas, Water & Waste Services -12

129 Education and Training Accommodation and Food Services -13

105 Mining Arts and Recreational Services -15

91 Not Classified Other Services -23

69 Arts and Recreational Services Wholesale Trade -25

34 Public Administration and Safety Administrative and Support Services -31

18 Information Media & Telecommunications Not Classified -49

12 Electricity, Gas, Water & Waste Services Retail Trade -50

0 500 1,000 1,500 2,000 Mining -53

BUSINESS COUNTS Transport, Postal & Warehousing -62

Rental, Hiring & Real Estate Services -76

Professional, Scientific & Technical -76

Agriculture, Forestry and Fishing -113

Construction -235

Net Change -738

-800 -700 -600 -500 -400 -300 -200 -100 0 100 BUSINESS COUNTS

Mackay Economic Profile | 2018 49 22.0% of Businesses have a turnover of less than $50,000

2014 2015 2016 Change Turnover Range No. % No. % No. % 2015-16

Zero to $50k 2,451 23.3% 2,374 23.6% 2,144 22.0% -9.7% $50k to less than $100k 1,444 13.7% 1,457 14.5% 1,414 14.5% -3.0% $100k to less than $200k 1,840 17.5% 1,778 17.6% 1,794 18.4% 0.9% $200 to less than $500k 2,345 22.3% 2,170 21.5% 2,250 23.0% 3.7% $500 to less than $2m 1,666 15.9% 1,636 16.2% 1,550 15.9% -5.3% $2m or more 761 7.2% 659 6.5% 611 6.3% -7.3% Total 10,507 100.0% 10,074 100.0% 9.763 100.0% -3.1%

2014 2015 2016 Change Workforce Size No. % No. % No. % 2015-16

Non Employing 6,086 58.0% 5,886 58.9% 5,750 59.0% -2.3% 1-4 staff 2,847 27.2% 2,704 27.1% 2,645 27.1% -2.2% 5-19 staff 1,191 11.4% 1,093 10.9% 1,059 10.9% -3.1% 20-199 staff 352 3.4% 304 3.0% 281 2.9% -7.6% 200+ staff 9 0.1% 6 0.1% 12 0.1% 100% Total 10,485 100.0% 9,993 100.0% 9,747 100.0% -2.5%

Source: Australian Bureau of Statistics, 8165.0

From 2015 to 2016, the largest change in business turnover range was for businesses turning over less than $50,000, decreasing from 2,374 in 2015 to 2,144 in 2016, a decrease of 9.7%. The largest proportion of turnover was for businesses with turnover of between $200,000 and $500,000, accounting for 23.0% of the Mackay Region businesses in 2016. The less than $50,000 range accounted for the second highest proportion of business turnover (22.0%).

2014 2015 2016

2,500

2,000

1,500

1,000 1,666 1,636 1,550 500 2,451 2,374 2,144 1,444 1,457 1,414 1,840 1,778 1,794 2,345 2,170 2,250 761 659 611 0 0<$50k $50k<$100k $100k<$200k $200k<$500k $500k<$2m $2m or more 6,000 2014 2015 2016 5,000

4,000

3,000

2,000 1,191 1,093 1,059

1,000 6,086 5,668 5,750 2,847 2,704 2,645 352 304 281 9 6 12 0 Non employing 1-4 staff 5-19 staff 20-199 staff 200 or more staff

Between 2015 and 2016, the number of businesses with 200 staff or more, doubled from 6 in 2015 to 12 in 2016. Businesses which employ between 20-199 staff experienced the largest decrease from 304 in 2015 to 281 in 2016. Non-employing businesses account for the highest proportion (59.0%) of Mackay Region’s registered businesses.

Mackay Economic Profile | 2018 51

Unemployment Rate: 6.0%

The following table shows the number of businesses by industry sector over the last three years.

June 2014 June 2015 June 2016 No. % No. % No. %

Agriculture, Forestry and Fishing 2,009 19.2% 1,915 19.2% 1,896 19.5% Mining 158 1.5% 122 1.2% 105 1.1% Manufacturing 315 3.0% 302 3.0% 315 3.2% Electricity, Gas, Water and Waste services 24 0.2% 18 0.2% 12 0.1% Construction 1,917 18.3% 1,829 18.3% 1,682 17.3% Wholesale Trade 203 1.9% 173 1.7% 178 1.8% Retail Trade 496 4.7% 476 4.8% 446 4.6% Accommodation and Food services 310 3.0% 326 3.3% 297 3.0% Transport, Postal and Warehousing 617 5.9% 593 5.9% 555 5.7% Information Media and Telecommunications 27 0.3% 21 0.2% 18 0.2% Financial and Insurance services 552 5.3% 589 5.9% 619 6.4% Rental, Hiring and Real Estate Services 1,176 11.2% 1,129 11.3% 1,100 11.3% Professional, Scientific and Technical services 740 7.1% 689 7.0% 664 6.8% Administrative and Support services 337 3.2% 312 3.1% 306 3.1% Public Administration and Safety 39 0.4% 30 0.3% 34 0.3% Education and Training 123 1.2% 126 1.3% 129 1.3% Health Care and Social Assistance 443 4.2% 433 4.3% 479 4.9% Arts and Recreational services 84 0.8% 70 0.7% 69 0.7% Other Services 775 7.4% 721 7.2% 752 7.7% Not Classified 140 1.3% 110 1.1% 91 0.9% Total 10,485 100.0% 9,993 100.0% 9,747 100.0% 52

The estimated number of people employed in the Mackay Region for 2017* is 66,329. Since 2008, the labour force has increased by 10,720 people, the number of employed people has increased by 8,233 people and the number of unemployed people has increased by 2,487 people. The average annual growth rate in the labour force between 2009 and 2017* was 1.6%.

Employed Unemployed Unemployment Rate

80,000 9.0% 3,138 3,223 5,244 4,715 4,249 8.0% 70,000 2,466 2,396 2,677 2,338 1,762 7.0% 6.0% 60,000 7.7% 6.0% 4.6% 7.0% 50,000 4.3% 4.5% 5.0% 40,000 3.8% 3.7% 3.7% 4.0% 2.9% 30,000 3.0%

20,000 2.0% 58,096 60,741 60,007 60,396 63,489 66,784 67,328 63,280 62,714 66,329 10,000 1.0% 0 0 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017*

*YE September 2017 Source: Department of Employment Small Area Labour Markets (September Quarter 2017)

The graph below shows the unemployment rates for Mackay and Queensland between 1998 and 2017*.

Mackay Queensland 10.00%

8.00% 6.3% 6.00% 6.0% 4.00%

2.00%

0.00% 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017*

*YE September 2017 Source: Department of Employment Small Area Labour Markets (September Quarter 2017)

Mackay Economic Profile | 2018 53

From 1998 to 2017*, the unemployment rate within the Mackay Region has ranged from 2.9% in 2008 to a peak of 10.1% in 2001. From 2012, the unemployment rate has continued to climb, reaching its highest levels since 2004. The unemployment rate peaked reached 7.7% in 2015 due to a down-turn in the mining sector. Since then there has been steady recovery in the unemployment rate although it is yet to reach pre-2015 levels. For the first time since 2014-15, the unemployment rate for Mackay was fractionally lower than Queensland.

2008-09

2009-10

2010-11

2011-12

Jobs rate growth identifies the 2012-13 annual change in the number of people employed within the region. 2013-14 Employment growth since 2008 2014-15 peaked last year (between 2016 and 2017*). The change between 2015-16 2016 and 2017* saw an increase 2016-17* of 3,615 jobs in the region. The change between 2014 and 2015 -5,000 -3,000 -1,000 0 1,000 3,000 5,000 witnessed the largest decline at a loss of 4,048 jobs. *YE September 2017 Source: Department of Jobs and Small Business; Small Area Labour Markets (September Quarter 2017)

LABOUR FORCE SUMMARY Year Unemployed Employed Labour Force Unemployment Rate Job Growth Rate

2008 1,762 58,096 59,858 2.9% - 2009 2,396 60,741 63,136 3.8% 4.6% 2010 2,677 60,007 62,684 4.3% -1.2% 2011 2,338 60,396 62,734 3.7% 0.6% 2012 2,466 63,489 65,955 3.7% 5.1% 2013 3,138 66,784 69,922 4.5% 5.2% 2014 3,223 67,325 70,550 4.6% 0.8% 2015 5,244 63,280 68,524 7.7% -6.0% 2016 4,715 62,714 67,429 7.0% -0.9% 2017* 4,249 66,329 70,578 6.0% 5.8%

*YE September 2017 Source: Department of Jobs and Small Business; Small Area Labour Markets (September Quarter 2017) Between 2016 and 2017*, an additional 3,615 54 people have been employed in the region

Economic Indicator Period Performance Indicator

Demographics Estimated Resident Population 2016 117,703 Projected Population (QGSO 2015) 2036 171,313 Employment Number of people who work in the region 2016 47,975 Largest Employing Industry 2016 Health Care & Social Assistance Change in Jobs (work in region) 2011-2016 3,205 Industry* (2011 Census; 2012/13 National Accounts; 2015 Gross Regional Product) Output 2017 $15.487 billion Value Added 2017 $7.017 billion GRP 2017 $7.540 billion GRP as % of QLD 2017 2.3% Housing Dwelling approvals (No.) 2016/2017 204 Building approvals ($) 2016/2017 $146.6 million Residential Lot approvals++ Year to Mar 2017 649 Residential Lot registrations++ Year to Sep 2017 116 New Lot Sales (No.)+ Year to Jun 2017 208 Median Lot Sale Price+ Year to Jun 2017 $164,500 Dwelling Sales+ Year to Jun 2017 1,365 Detached Housing Median Sale Price+ Year to Jun 2017 $340,000 Tourism** Domestic Overnight Visitors Year to Jun 2017 883,000 Domestic Visitor Nights Year to Jun 2017 3,391,000 International Visitors Year to Jun 2017 45,000 Steady International Visitor Nights Year to Jun 2017 439,000 Trends Business Activity (No.) Jun - 16 9,747

Employed 2017^ 66,329

Unemployed 2017^ 4,249

Labour Force 2017^ 70,578

Unemployment Rate 2017^ 6.0%

*Based on the 2014/2015 National Imput Output tables and the June 2017 ABS Gross State Product ++Vacant land less than 2,400m2 +Residential Land Activity Profile, Queensland Treasury and Trade **Mackay Region, Tourism and Events Queensland ^YE September 2017

Mackay Economic Profile | 2018

56

> Mackay Regional Council: www.mackay.qld.gov.au > Mackay Regional Council Online Economy Profile: www.economyprofile.com.au/mackay > REMPLAN Economic Development Practitioner Package for Mackay > Queensland Government Population Projections, 2015. QGSO. > Australian Bureau of Statistics, Various Publications (see below)

REMPLAN Modelling and Analysis System, developed by REMPLAN utilises the following sources: > 2016 ABS Census Journey to Work Employment Data; > 2014 / 2015 ABS National Input Output Tables; > June 2017 ABS Gross State Product; > Area specific data for the Mackay Region.

Population Projections: Queensland Government population projections, 2015 edition (medium series), Queensland Government Statistician’s Office, Queensland Treasury and Trade. Population Data: ABS Catalogue number 3218.0 “Population Estimated by Statistical Area Level 2, 2006 to 2016”.

Resident Demographic Overview: 2016 Census Data for the Mackay Region, Mackay-Isaac-Whitsunday (SA4) and Queensland. Education Qualifications Data: > Bachelor or Higher Degree – Bachelor Degree Level; Postgraduate Degree Level. > Advanced Diploma or Diploma – Advanced Diploma and Diploma Level; Graduate Diploma and Graduate Certificate Level. > Vocational – Certificate Level. > No Qualification – Not applicable.

Employment: REMPLAN data refers to 2016 place of work Census data.

Business Data: ABS Catalogue number 8165.0 “Counts of Australian Businesses, including Entries and Exits, Jun 2012 to Jun 2016”.

Labour Force Data: Department of Jobs and Small Business, Small Area Labour Markets Australia. Latest data – September Quarter 2017

Building Approvals: ABS, Building Approvals, Cat. 8731.

Output, Value Add and GRP: data is specific to the regional area based on the number of jobs within the region, utilising the latest National Accounts data (2014/2015 ABS National Input Output Tables) and the latest Gross State Product data (June 2017). All regional GRPs within the State add up to the total Gross State Product.

Tourism: > Mackay Regional Snapshot, year ended June 2017. Tourism and Events Queensland. > 2016 Tourism Research Australia, Local Government Area Profiles, 2016; Mackay, Queensland.

Rent and Sales Data: > Queensland Market Monitor, Issue 35 (June 2017 Quarter), REIQ > Median rents quarterly data, December 2017, Residential Tenancies Authority Queensland > Residential Land Development Activity Profile, Mackay Regional Council, accessed 15 January 2018. Queensland Treasury and Trade, Government Statistician.

DISCLAIMER: All figures and data presented in this document are based on data sourced from the Australian Bureau of Statistics (ABS), and other government agencies. Using ABS datasets, the regional economic modelling software ‘REMPLAN economy’, has been applied to generate industrial economic data estimates. This document is provided in good faith with every effort made to provide accurate data and apply comprehensive knowledge. However, REMPLAN does not guarantee the accuracy of the data nor the conclusions drawn from this information.

Mackay Economic Profile | 2018 FOR FURTHER INFORMATION CONTACT:

MACKAY REGIONAL COUNCIL Economic Development Team 1300 MACKAY (622 529) [email protected] www.mackay.qld.gov.au

REMPLAN (07) 5689 1499 / (03) 5444 4788 www.remplan.com.au