The Sunshine Coast has been ranked in second place as the best performing non-capital city region in Queensland – and the fifth best non-capital region in the country.
Construction and tourism are the two main drivers of the Coast’s economy – and with the lower Australian dollar, it’s looking to a bright future.
The number of development applications has increased by 361% in one year. This includes residential houses, retail premises, educational facilities, offices and accommodation.
Key developments currently in progress include:
- The Kawana Health Precinct
- A new display village on Birtinya Island
- Duplication of Lake Kawana Bridge
- Best Western Hotel
- Sunshine Coast Public University Hospital
“Our focus, borne out in today’s report, is on providing new employment opportunities arising from the hospital development, the new Maroochydore CBD and the Sunshine Coast Airport expansion,” enthused Mayor Mark Jamieson.
Yet, while the Council has nothing but confidence in their multi-speed economy, providing a platform for future quality employment is the focus.
The Council is implementing economic strategies to encourage the region’s prosperity.
A strategy for continued economic success
The Sunshine Coast’s Regional Economic Development Strategy is the first of its kind for the Coast. Businesses, industry leaders and the Council have created a plan to build a stronger economy.
The plan will achieve four clear goals for the region over the next 20 years:
- $33 billion economy (nearly triple what it is now)
- 100,000 new jobs in high-value industries
- 20% of goods and services produced for export
- Household incomes that exceed the Queensland average
And the key to their success, like most regions, is their people.
“To be economically sustainable we need to ensure we have the quality and breadth of industry to provide meaningful and well-paid employment for the region’s workers,” Mayor Jamieson added.
Skill development and building resilience are at the core of this discussion – particularly in youth.
$3.6 million for work skills training
In a move to support work skills training, the 21 Coast programs help un-employed, under-employed or disadvantaged people develop their skills.
The programs target a range of industries including construction, health, community services, hospitality, retail, and business.
Twelve organisations across Noosa, Maroochydore, Caloundra, Nicklin and Glass House electorates shared the first funding allocation round for the Palaszczuk Government’s revamped Skilling Queenslanders for Work initiative.
And there’s the Basic Health Care School to Work program – a collaboration between local health and community service providers.
Students selected have the chance to complete a Certificate III in Basic Health Care with TAFE Queensland East Coast before they finish Year 12, along with 120 hours of work experience with potential employers.
These are just a couple of examples of the region giving people the right skills and getting them into jobs.
As the Sunshine Coasts experiences its strongest economic growth in six years, workforce development strategies can help keep locals in the driver’s seat of the continued growth.
Talk to Wendy Perry if you want a regional plan for growth and a workforce to match via email@example.com.