MACKAY ECONOMIC PROFILE · The average annual projected population growth between 2016 and 2036 of 1.5% is lower than the average growth rates experienced over the previous 10 years

MACKAY ECONOMIC PROFILE

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 1300 MACKAY (622 529) [email protected] www.mackay.qld.gov.au

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

OVERVIEW

INDUSTRYDEMOGRAPHICS

EMPLOYMENT

HOUSING

TOURISM

TRENDS

SUMMARY

Mackay Economic Profile | June 2016

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 Mackay region.

The Mackay Regional Local Government Area is one of the fastest- growing in Queensland, with a population of over 120,000. The region’s growth is fuelled by strong 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 Mackay (622 529) or (07) 4961 9444.

02

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

Construction Services

Heavy & Civil Engineering Construction

Wholesale Trade

Pre-School, Primary, Secondary & Special Education

Professional, Scientific & Technical Services

Sugar & Confectionery Manufactiring

Health Care Services

Retail Trade

Coal Mining

Agriculture, Forestry & Fishing Support Services

> GRP - $6.962b> Population – 123,724> Strong population growth forecast, heading

towards 200,000 over the coming decades> Gateway to the Bowen and Galilee Basins> Located an hour’s flight to Brisbane> Great Barrier Reef located just off shore

2006

103,5

67

The estimated resident population in the Mackay region as at June 30, 2015 was 123,724 people. Between 2005 and 2015 the Mackay region (estimated resident) population increased by 23,823 people (23.9%), with an average annual compound population growth of 2.16% between 2005 and 2015.

0

20,000

40,000

60,000

80,000

100,000

120,000

2005

99,9

01

2007

106,0

26

2008

108,6

44

2009

111,4

55

2010

113,6

69

2011

115,9

60

2012r

119,1

62

2013r

121,7

68

2014r

123,3

35

2015p

123,7

24


Between 2005 and 2015, the population of the

Mackay region increased by 23,823 people.

Between 2005 and 2015, the population of the Mackay region increased by 23,823 people. The majority of population increase during this time occurred in Eimeo-Rural View, which increased by 5,147 people, an annual average increase of 5.8%.

Pioneer Valley (3,309) and Mount Pleasant – Glenella (2,909) experienced the next highest levels of population increase over the 10 year period. Eimeo-Rural View and Pioneer Valley experienced the highest rates of growth, followed by Ooralea-Bakers Creek and Mackay Harbour.

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

Population (eRP June 30) Population Change (ann. avg)

Statistical area Level 2 2005 2010 2015 05-10 10-15 05-15

Andergrove - Beaconsfield 13,861 14,743 15,910 1.2% 1.5% 1.4%

East Mackay 3,674 3,767 3,904 0.5% 0.7% 0.6%

Eimeo - Rural View 6,865 9,632 12,012 7.0% 4.5% 5.8%

Eungella Hinterland 0 0 4 0.0% 0.0% 0.0%

Mackay 3,787 4,106 4,397 1.6% 1.4% 1.5%

Mackay Harbour 350 536 538 8.9% 0.1% 4.4%

Mount Pleasant - Glenella 8,838 10,874 11,747 4.2% 1.6% 2.9%

North Mackay 6,323 6,934 7,143 1.9% 0.6% 1.2%

Ooralea - Bakers Creek 3,159 3,907 4,986 4.3% 5.0% 4.7%

Pioneer Valley 5,133 6,902 8,442 6.1% 4.1% 5.1%

Sarina 10,660 11,690 12,256 1.9% 1.0% 1.4%

Seaforth - Calen 7,834 8,519 8,630 1.7% 0.3% 1.0%

Shoal Point - Bucasia 4,389 5,291 6,014 3.8% 2.6% 3.2%

Slade Point 3,905 3,998 4,022 0.5% 0.1% 0.3%

South Mackay 7,189 7,557 7,839 1.0% 0.7% 0.9%

Walkerston - Eton 7,600 8,528 8,937 2.3% 0.9% 1.6%

West Mackay 6,334 6,685 6,943 1.1% 0.8% 0.9%

Mackay Region 99,901 113,669 123,724 2.6% 1.7% 2.2%

#

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 lower than the average growth rates experienced over the previous 10 years (2.2%). 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)

Statistical area Level 2 2016 2021 2026 2031 2036avg annual Change

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%

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

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


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

0

0

10,000

20,000

20,000

40,000

30,000

60,000

40,000

80,000

50,000

100,000

120,000

140,000

160,000

180,000

0-14

26,8

18

30,5

60

34,7

27

Gold Coast Ipswich Brisbane Logan Townsville Cairns Mackay ToowoombaMoreton Bay

Sunshine Coast

135,7

53

168,2

30

15-29

25,3

52

27,6

72

32,2

89

109,9

53

178,5

84

30-49

36,0

77

41,0

67

46,9

67

128,3

80

97,0

79

128,4

88

89,3

37

72,5

43

73,2

41

106,0

68

86,0

55

50-64

23,5

37

26,2

02

29,8

30

65-79

11,3

00

15,9

87

19,7

73

42,5

14

30,5

01

19,8

99

19,1

43

46,7

21

33,5

72

25,0

44

20,7

14

80+

3,2

86

4,7

82

7,7

54

2016 2026 2036

2016 - 2026 2026 - 2036

Analysis of the community profile of the Mackay region in 2011 compared to the Mackay Statistical Division (SD) (Mackay Statistical Area 4 (SA4), comprising the Mackay, Isaac and Whitsunday LGAs) shows that the age structures are in line with one another.

Overall, 21.2% of the population was aged between 0 and 14, and 15.7% was aged 60 years and over, compared with 21.3% and 15.0%, respectively for the Mackay SD.

the major differences between the age structure of the Mackay region and the Mackay Sd were:

> A larger percentage of 15 to 19 year olds (6.9% compared to 6.4%);

> A smaller percentage of 25 to 34 year olds (13.9% compared to 14.7%), and;

> A larger percentage of 70 to 84 year olds (6.0% compared to 5.6%).

Between 2006 and 2011, the population increased by 11,785 people (11.7%). the largest changes in age structure in this area between 2006 and 2011 were in the age groups:

> 25 to 34 (+2,501 persons);> 50 to 59 (+2,241 persons);> 60 to 69 (+1,627 persons); and> 35 to 49 (+1,401 persons).

RESIDENT DEMOGRAPHIC OVERVIEW (2011 CENSUS) AGE

CHanGe In POPuLatIOn - 2006 - 2011

number of people

0

85

500 1,000 1,500 2,000 2,500 3,000

70 to

60 to

50 to

35 to

25 to

20 to

15 to

10 to

5 to 9

0 to 4

163

532

1,627

1,401

1,216

932

764

312

96

2,241

2,501

0

85+

70 to

60 to

50 to

35 to

25 to

20 to

15 to

10 to

5 to 9

0 to 4

1.14%

6.03%

8.52%

13.37%

22.45%

13.94%

6.45%

6.87%

7.14%

6.89%

7.21%

1.02%

5.55%

8.42%

13.40%

22.65%

14.69%

6.54%

6.40%

6.86%

7.00%

7.45%

252015105

PROPORtIOn Of POPuLatIOn (%)

Mackay Region Mackay SD


Analysis of the qualifications of the population in the Mackay region in 2011 compared to the Mackay SD shows that these are in line with one another.

Overall, 31.3% of the population held educational qualifications, and 59.4% had no qualifications, compared with 30.9% and 58.8%, respectively for the Mackay SD.

The largest changes in the qualifications of the population of the Mackay region between 2006 and 2011 were in those with: Vocational qualifications (+5,443 persons); No qualifications (+3,465 persons); and Bachelor or higher degrees (+1,902 persons).

Analysis of individual income levels in the Mackay region in 2011 compared to the Mackay SD shows that there was a lower proportion of persons earning a high income (those earning $1,500 per week or more) and a higher proportion of low income persons (those earning less than $400 per week).

Overall, 18.1% of the population earned a high income, and 29.3% earned a low income, compared with 18.5% and 28.4%, respectively for the Mackay SD.

number of people



0

$2,000 or

Not stated

$1,500-$1,999

$1,250-$1,499

$1,000-$1,249

$800-$999

$600-$799

$400-$599

$300-$399

$200-$299

$1-$199

Negative / Nil

9.63%

9.87%

8.44%

6.28%

7.92%

8.12%

9.85%

10.60%

8.16%

7.74%

6.41%

6.99%

10.55%

11.15%

7.97%

5.81%

7.59%

7.97%

10.00%

10.57%

7.87%

7.41%

6.24%

6.86%

10 128642

CHanGe In POPuLatIOn - 2006 - 2011

-1,000 1,000 3,000 5,000 7,000

-491

3,465

5,443

1,463

1,902

No Qualification

Not stated

Vocational

Bachelor or Higher Degree

Advanced Diploma or



0

No Qualification

Not stated

Vocational

Bachelor or Higher Degree

Advanced Diploma or

59.46%

9.31%

19.62%

6.61%

5.01%

58.80%

10.30%

19.40%

6.50%

5.00%

50 6040302010

Analysis of the family types in the Mackay region in 2011 compared to the Mackay SD shows that there was a higher proportion of one parent and other families.

Overall, 13.2% of families were one parent families, and 1.4% were other families, compared with 12.7% and 1.2%, respectively for the Mackay SD.

There was an increase of 7,845 families in the Mackay region between 2006 and 2011, the largest changes were:

> Couple families with children (+3,413 families); and> Couple families with no children (+3,319 families).

nuMBeR Of faMILIeS

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

149

964

3,413

3,319

PROPORtIOn Of faMILIeS (%)


0

Other family Other family

One parent family

One parent family

Couple family with no

Couple family with no

Couple family with children

Couple family with children

1.35%

13.23%

39.06%

46.36%

1.24%

12.74%

39.89%

46.14%

5040302010


Analysis of the dwellings in the Mackay region in 2011 compared to the Mackay SD shows that there was a larger proportion of dwellings owned outright or are being paid off and a smaller proportion which were rented.

Overall, 29.3% of Mackay’s dwellings are owned outright; 35.1% owned with a mortgage, and 27.3% being rented, compared with 28.3%, 30.0% and 31.1%, respectively for the Mackay SD.

The largest changes in dwelling tenure categories for the dwellings in the Mackay region between 2006 and 2011 were:

> Mortgage (+2,368 dwellings);> Renting (+1,819 dwellings); and> Fully owned (+281 households).

PROPORtIOn Of dweLLInGS (%)


0

Other tenure

Not stated

Renting

Mortgage

Fully owned

2.53%

5.73%

27.33%

35.10%

29.32%

3.46%

7.08%

31.09%

30.03%

28.34%

25 35302015105

PROPORtIOn Of dweLLInGS (%)


0

Other dwelling

Not stated

Semi-detached, row or terrace house, townhouse

Flat, unit or apartment

Separate house

3.70%

0.15%

5.10%

8.33%

82.72%

5.92%

0.20%

5.66%

9.48%

78.75%

40 6050 70 80302010

In 2011, there were 37,684 separate houses in the Mackay Region, 3,793 flats, units or apartments and 2,324 semi-detached / terrace / townhouses.

Analysis of the types of dwellings in the Mackay region in 2011 compared to the Mackay SD shows that 82.7% were separate houses, 8.3% were flats, units or apartments and 5.1% were semi-detached / terrace / townhouses, compared with 78.8%, 9.5% and 5.7%, respectively in the Mackay SD.

There was an increase of 4,931 dwellings in the Mackay region between 2006 and 2011. The largest changes in the type of dwellings were:

> Separate house (+4,697 dwellings); and> Semi-detached / terrace / townhouse (+468 dwellings).

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.

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.

Mackay121

1,0

18

1,000 1,193

Lea

st disa

dva

nta

ge

d

Mo

st disa

dva

nta

ge

d


The local government area of Mackay achieved a score of 1,018 and ranked 432 out of 564 local government areas with SEIFA scores in Australia. This implies there are 132 local government areas less disadvantaged and 431 local government areas more disadvantaged. Of 78 suburbs located within Mackay, the least disadvantaged suburb was Dolphin Heads (1,108) followed by Richmond (Mackay – QLD) (1,104). The most disadvantaged suburb was Paget at a score of 901.

Mackay’s least disadvantaged suburbs appear concentrated in the centre of the local government area.

#

SeIfa dISadVantaGe

2011 Suburbs Scorenational

Rank2011 Suburbs Score

national Rank

2011 Suburbs Scorenational

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 SSC 30587 936 1,586/8,248 Armstrong Beach SSC 30055 1,007 4,054/8,248 Alexandra 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

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

Norht 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 Coral Sea (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 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 region as at the 2011 Census was 44,770 jobs. The ‘Retail Trade’ industry sector comprised 5,234 jobs; followed by ‘Manufacturing’ (4,842 jobs) and ‘Health Care and Social Assistance’ (4,596 jobs).

Compared to the Mackay SD and State averages, the Mackay region has a comparable representation across all occupations, with a higher representation of ‘Technicians and Trades Workers’ and a smaller proportion of ‘Professionals’.

EMPLOYMENT

JOBS

0

Arts and Recreational Services

Information Media and Telecommunications

Electricity, Gas, Water and Waste Services

Financial and Insurance Services

Rental, Hiring and Real Estate Services

Administrative and Support Services

Agriculture, Forestry and Fishing

Public Administration and Safety

Wholesale Trade

Professional, Scientific and Technical

Mining

275

328

451

977

2,519

1,551

1,698

2,352

2,090

744

1,066

5,0004,0003,000 6,0002,0001,000

Other Services

Accommodation and Food Services

Education and Training

Transport, Postal and Warehousing

Construction

Health Care and Social Assistance

Manufacturing

Retail Trade

2,661

2,940

3,075

4,129

4,842

5,234

3,242

4,596

PROPORtIOn Of wORKfORCe (%)

Work in Mackay (R)

Work in Queensland (State)

Work in Mackay (SD)

0

Not stated - Inadequately

described

Labourers

Machinery Operators

and Drivers

Sales Workers

Clerical and Admin

Workers

Community and Personal

Service

Technicians and Trade

Workers

Professionals

Managers

0.92%

10.93%

16.01%

7.95%

12.44%

7.20%

20.36%

12.87%

11.33%

0.93%

10.60%

9.26%

9.84%

15.40%

7.95%

19.28%

15.08%

11.65%

1.05%

10.46%

7.29%

9.92%

14.82%

10.10%

14.95%

19.26%

12.16%

20 2515105

The workforce age profile for the Mackay region shows a lower proportion of workers in the younger age groups (20-44 years) compared to the Mackay SD and State benchmarks.

PROPORtIOn Of wORKfORCe (%)

Work in Mackay (R)

Work in Queensland (State)

Work in Mackay (SD)

0

Over

75 - 84

65 - 74

55 - 64

45 - 54

35 - 44

25 - 34

20 - 24

15 - 19

0.01%

0.26%

2.26%

13.37%

23.42%

23.22%

21.32%

9.33%

6.80%

0.02%

0.29%

2.35%

13.61%

23.67%

22.33%

19.71%

9.75%

8.28%

0.03%

0.27%

2.70%

14.07%

22.19%

23.15%

21.20%

9.81%

6.58%

20 2515105

#


Between the 2006 and 2011 Census periods, there was a net increase of 5,158 jobs in the Mackay region, building on the 39,612 jobs in 2006.

Of the 44,770 jobs in the Mackay region, 42,879 (95.8%) reside in the Mackay region. Over 97% of the workforce uses the following methods of travel to work in the Mackay region.

Approximately 77.5% of workers travel by car (either as driver or passenger), 4.7% worked at home and 3.1% walked.

-1,000


Information Media and Telecommunications

Electricity, Gas, Water and Waste Services


Rental, Hiring and Real Estate Services




Wholesale Trade


Mining

-393

-102

-19

18

244

106

148

232

193

11

55

4,0003,0002,000 5,0001,0000

Other Services




Construction

Health Care & Social Assistance

Manufacturing

Retail Trade

274

422

519

626

655

928

604

637

TOTAL - 5,158

JOBSJOBS

0

(Two methods) Car and Other

(One method) Bus

Method of travel not stated

(One method) Motorbike/scooter

(One method) Other

(One method) Truck

(One method) Bicycle

Worked at home

(One method) Car, as passenger

Did not go to work

(One method) Walked only

206

296

379

387

433

466

555

1,465

2,098

3,239

4,256

35,00025,00015,0005,000

30,988 (One method) Car, as driver


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 regional gross product for 2015 was $6.962 billion. This represents 46.1% of Mackay SD gross regional product and 2.3% of Queensland’s gross product. For the last five 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 $61,718 in 2015.

2011$0.00

$52,000

$50,000

$1,000

$54,000$2,000

$56,000$3,000

$58,000

$4,000

$60,000

$5,000

$62,000

$6,000

$64,000

$7,000

$8,000

2010

$5,5

73.6

3

$6,1

12.7

4

2012 2013 20152014

$6,5

41.1

9

$6,6

24.3

3

$6,7

56.1

7

$6,9

61.6

6

GR

P (

$M

)

Per

Cap

ita (

$’0

00)

Gross Regional Product Per Capita GRP ($’000)

GRP ($M)

Output ($M)

Value added ($M)

Regional exports

($M)

Regional Imports

($M)

Mackay Region $6,961.66 - $15,199.75 - $6,476.42 - $4,700.33 - $3,814.89 -

Mackay SD $15,087.00 46.1% $33,964.87 44.8% $14,346.21 45.1% $16,313.41 28.8% $10,506.03 36.3%

Queensland $305,354.00 2.3% $644,289.94 2.4% $286, 097.26 2.3% $103,581.63 4.5% $104,681.79 3.6%

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

the expenditure method

VaLue-added ($M)

0


Information Media & Telecommunications

Electricity, Gas, Water & Waste Services





Wholesale Trade


Mining

$17.086

$71.365

$173.273

$181.953

$213.199

$238.309

$266.766

800 1,000600400200

Other Services



Transport, Postal & Warehousing

Construction


Retail Trade

$646.432

$653.463

Manufacturing

$965.250

$499.537

$510.411

Rental, Hiring & Real Estate Services

$377.115

$403.222

$349.434

$317.201

$270.460

$159.952

$161.993

Output data represents the gross revenue generated by businesses / organisations in each of the industry sectors in a defined region.

The output generated by the Mackay regional economy is estimated at $15.200 billion. ‘Manufacturing’ accounts for $3.501 billion followed by ‘Construction’ ($2.101 billion) and ‘Rental, Hiring & Real Estate Services’ ($1.508 billion).

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 the major element in the calculation of Gross Regional Product.

The total value-added by the Mackay regional economy is estimated at $6.476 billion. ‘Rental, Hiring & Real Estate Services’ contributes the highest value-added ($965.250 million), followed by ‘Construction’ ($653.463 million) and ‘Manufacturing’ ($646.432 million).

OutPut ($M)

0









Wholesale Trade


Mining

$45.368

$167.278

$301.453

$351.946

$363.933

$380.517

$405.986

$416.987

$419.411

$437.553

$492.725

$589.797

$642.698

$828.666

4,0003,0002,0001,000

Other Services




Construction


Retail Trade

$1,507.866

$2,101.160

Manufacturing$3,500.635

$1,106.618

$1,139.148


Local Expenditure data represents the value of intermediate goods and services purchased by local industry sectors within the region. A high level of local expenditure on intermediate goods and services proportionate to total output is indicative of well-developed local supply chains and also that any expansion in this sector would typically deliver broad based benefits for the region’s economy.

The total local expenditure estimate for Mackay is $4.908 billion. The ‘Construction’ sector has the highest level of local expenditure, purchasing $1.082 billion on locally sourced goods and services.

Regional Exports data represents the value of goods and services exported outside of the region that have been generated by industry sectors within the region. The graph on the bottom depicts the contribution to total regional exports generated by each of the industry sectors ranked from highest to lowest.

The total regional export estimate for the Mackay region is $4.700 billion. The ‘Manufacturing’ sector has the highest level of regional exports of $1.912 billion, followed by ‘Mining’ ($958.406 million). and ‘Transport, Postal & Warehousing’ ($485.935 million).

LOCaL eXPendItuRe ($M)

0









Wholesale Trade


Mining

$16.318

$45.223

$52.164

$74.043

$83.446

$88.592

$105.208

$113.294

$140.167

$154.937

$160.234

$182.067

$202.455

800 1,000 1,200600400200

Other Services





Retail Trade

$435.387

$972.873 Manufacturing

$1,082.493

$318.370

$406.687

Construction

ReGIOnaL eXPORtS ($M)

0









Wholesale Trade


Mining

$1.209

$1.343

$5.472

$5.579

$5.878

$18.210

$20.318

$25.793

$28.538

$62.916

$91.523

$145.270

$178.149

$194.791

2,000 2,5001,5001,000500

Other Services





Retail Trade

$485.935

$958.406


$240.961

$318.238 Construction

$274.477

Regional Imports data represents the value of goods and services imported from outside of the region. Imports are necessary for many reasons and the following graph depicts the value of sector dependency on total regional imports by each of the industry sectors ranked from highest to lowest.

The total regional import estimate for Mackay is $3.815 billion. The ‘Manufacturing’ sector represented 49.3% of total imports with a value of $1.881 billion.

The difference between Regional Exports and Regional Imports represents a net value attributable to the local economy which positively influences the local Gross Regional Product. The Mackay region exports $4.700 billion in value of goods and services and imports $3.815 billion in value of goods and services.

the net export value for Mackay is $885.442 million.

ReGIOnaL IMPORtS ($M)

0









Wholesale Trade


Mining

$11.964

$33.016

$36.457

$41.568

$50.492

$50.690

$52.908

$63.081

$67.808

$69.417

$80.130

$118.824

$123.042

$150.967

2,0001,5001,000500

Other Services




Construction


Retail Trade

$224.247

$365.203


$193.349

$200.394

ReGIOnaL IMPORtS ($M)

-500









Wholesale Trade

Professional, Scientific & Technical

Mining

-$44.614

-$39.270

-$37.288

-$35.989

-$32.590

-$32.480

-$31.673

-$30.985

-$10.755

-$6.501

$11.393

$26.446

$30.470

$43.824

2,0001,0005000

Other Services




Construction


Retail Trade

$117.844

$261.688

Manufacturing

TOTAL

$593.203

$885.442

$47.612

$55.107


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:

> Construction> Construction Services> Transport> Wholesale Trade> Mining

MINING (909)

WHOLESALE TRADE (2,352)

CONSTRUCTION (1,766)

ConstruCtion sErViCEs (2,363)

TRANSPORT (2,342)

Other (35,039)78% JOBS

6% J

OB

S

5% JO

BS

5% JO

BS

4% JOBS

2% JOBS

Employment is a key social outcome of economic development; employment data represents the number of people employed by businesses/organisations in each of the industry sectors in the Mackay region. The total employment estimate for the Mackay region is 44,770 jobs. The key propulsive industries collectively contribute 9,971 jobs, accounting for 21.7% of total Mackay region jobs.

At the 45 industry sector level, the largest employer in the region was ‘Retail Trade’ comprising 5,234 jobs, accounting for 11.7% of total Mackay region jobs.

The total value-added estimate for the Mackay region is $6.476 billion. The selected sectors collectively contribute $1.750 billion (27.0%) of total value-added.

At the 45 industry sector level, the largest exporter in the region was the ‘Property Services’ sector ($869.787 million), followed by ‘Construction’ ($414.156 million), with the third largest exporter being the ‘Wholesale Trade’ sector ($403.222 million).

73%

4%

6%

5%

6%

6%

64% EXPORTS5%

E

XP

OR

TS

0% EXPORTS

17% EXPORTS

7% EXPORTS7% E

XPO

RTS

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 for the region is $4.700 billion. The selected sectors collectively contribute $1.699 billion (36.2%) of total regional exports.

At the 45 industry sector level, the largest exporter in the region was the ‘Mining’ sector ($784.338 million), followed by ‘Technical Equipment & Appliance Manufacturing’ ($769.096 million), with the third largest exporter being the ‘Food Product Manufacturing’ sector ($584.803 million).

MINING ($784.34)

WHOLESALE TRADE ($240.96)

CONSTRUCTION ($316.39)

ConstruCtion sErViCEs ($1.85)

TRANSPORT ($355.69)

Other ($3,001.11)

MINING ($375.56)




TRANSPORT ($317.86)

Other ($4,726.32)


Imports reflect demand in the area’s economy for goods and services not supplied locally and therefore represent ‘Gaps’ in local supply chains. Imports from the rest of Australia may indicate opportunities for import replacement, increased value-adding and supply chain development. Supply of these goods and services is currently feasible in the Australian context and may provide a guide to realistic, high value strategic opportunities to further develop the local economy. The total replacement of imports with local production is improbable however it may be possible to capture a proportion of this escape expenditure.

Total imports by industry sectors in the Mackay region from the rest of Australia are estimated at $2.173 billion.

The ‘Manufacturing’ sector imports $522.635 million (24.1%) of goods and services for input to production from the rest of Australia, the ‘Construction’ sector imports $329.669 million, accounting for 15.2% of industry imports, and the ‘Rental, Hiring & Real Estate Services’ sector imports $179.563 million from outside of the Mackay region.

This report shows the value of intermediate goods and services purchased by industry sectors within the Mackay region. The total local expenditure estimate for the Mackay region is $4.908 billion. The selected sectors collectively contribute $1.996 billion (40.7%) of total local expenditure.

At the 45 industry sector level, ‘Construction’ was the highest contributor in terms of local expenditure ($710.708 million), followed by ‘Food Product Manufacturing’ ($375.070 million) and ‘Construction Services’ ($371.786 million), with the ‘Mining’ sector ($363.941 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.

MINING ($363.94)



TRANSPORT ($274.94)

Other ($2,912.59)

59%

7%

14%

6%

6%

8%

dOMeStIC IMPORtS - deMand (from rest of australia) ($M)

LOC

aL

de

Ma

n S

eC

tOR

S

0








Wholesale Trade


Mining

$10.169

$31.777

$33.304

$36.322

$38.729

$41.028

$49.000

$55.645

$58.335

$59.309

$67.783

$80.130

$92.855

$149.078

$166.195

$171.213

$179.563

400 500300200100

Other Services





Construction


Retail Trade

Manufacturing

$329.669

$522.635


0

50

100

150

200

250

300

$266.5

62

$220.4

72

$120.1

29

$229.2

49

$144.6

69

($M

)

WHAT ARE THE SELECTED LOCAL DEMAND

SECTOR(S) IMPORTING FROM THE REST

OF AUSTRALIA?

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There were 462 new dwelling approvals during the 2014-15 financial year, a decrease of 794 approvals over the previous 12 months, which comprise of 367 houses and 94 “other” (unit) dwellings. Mackay dwelling approvals appear to be cyclical, peaking in 2012-13. 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%).

The total value of building approvals during 2014-15 was $266.4 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 about one-third of the value of total building approvals.

In 2014-15, building and dwelling approvals are at their lowest levels in ten years. Dwelling approvals are at approximately 50% of the average value of annual building approvals for the last ten years.

2006-07

2006-07

0

0

200

400

600

1,400

800

1,600

1,000

1,800

1,200

200

400

600

800

1,000

2005-06

2005-06

($M

)

851

$227.87 $334.03

$82.95

$111.94

846

2007-08

2007-08

2008-09

2008-09

2009-10

2009-10

2010-11

2010-11

2011-12

2011-12

2012-13

2012-13

2013-14

2013-14

2014-15

2014-15

Houses Other

Residential Non-Residential

909 671 966 723 806 36794

1,198 1,372

450

428

175

142

119

109

17028076

$316.17

$171.62$146.65

$621.20

$108.38

$259.32

$313.96

$237.59

$100.24$334.29 $274.35 $420.63 $571.36 $371.32

$166.11$251.06

Between 2007 and 2015 the highest number of annual approvals occurred in 2007 at 1,834, with 52% of the lot approvals being in larger projects of more than 50 lots. The lowest level of dwelling approvals occurred in 2014, with a total of 598 approvals, although the year to September 2015 has only seen a total of 156 approvals.

0

250

500

750

1,750

1,000

2,000

1,250

1,500

2007 2008 2009 2010 2011 2012 2013 2014 2015*

<10 21-5011-20 >50

Residential non-Residential total

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

2005 - 06 $227.87 14.9% $82.95 -30.1% $310.82 -1.9%

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% $237.59 -24.3% $608.90 -31.2%

2014 - 15 $166.11 -55.3% $100.24 -57.8% $266.36 -56.3%

LOt aPPROVaLS BY PROJeCt SIze, MaCKaY ReGIOnaL COunCIL

Lot approvals

<10 11-20 21-50 >50 tOtaL

2007 192 144 548 950 1,834

2008 141 79 207 1,207 1,634

2009 106 43 168 725 1,042

2010 46 20 61 780 907

2011 64 61 422 1,214 1,761

2012 89 62 92 373 616

2013 78 87 294 775 1,234

2014 50 75 89 384 598

2015* 26 0 63 67 156

* For year to September 2015 Source: QGSO, Residental Land Development Activity Profile, September 2015 Quarter

* For year to September 2015


2014

646

79

267

2013

1,383

116107

2012

1,032

10672

2011

845

9678

2009

671

215

136

2008

793

84119

2007

909

102169

2010

527

170

87

2015*

217

218

107

Standard Lots Low Density LotsUnit & townhouse Lots

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. The total number of lot registrations in the Mackay region increased from 2011 to 2013, before declining in 2014 and the year to September 2015.

Standard lots (60m2 to <2,500m2) have consistently accounted for the majority of urban lot registrations over since 2007 (approximately 72% of total registrations).

urban Residential Lot Registrations Low density Lot Registration 2,500m2 to 5ha

total Lot RegistrationsLots1

(60m2 to <2,500m2)unit & townhouse

Lots2 total urban Lots

2007 909 169 1,078 102 1,180

2008 793 119 912 84 996

2009 671 215 886 136 1,022

2010 527 170 697 87 784

2011 845 78 923 96 1,019

2012 1,032 72 1,104 106 1,210

2013 1,383 116 1,499 107 1,606

2014 646 267 913 79 992

2015* 217 218 435 107 542

* For year to September 20151 Lots on standard format plan that are intended for detached dwelling. Also includes lots intended for detached dwellings within a community title scheme.2 Lots on a building format plan or standard format plan that represent attached dwellings within a community title schemeSource QGSO Residential Land Development Activity profile, September Quarter 2015

0

200

400

600

1,400

1,600

800

1,000

1,200

2015

203

44

2014

349

42

2013

770

65

2012

1,600

135

2011

796

80

2010

770

81

2009

838

102

2008

571

95

2007

739

76

There were a total of 391 new lot sales in 2014 within the Mackay region, of which 89% were vacant land sales. Vacant land sales have traditionally accounted for the majority of new lot sales within the region, with house & land package lots generally accounting for approximately 12% of sales.

The median sale price of vacant land has been increasing steadily over the last few years, peaking in 2013 and 2014 with a median of $208,000. The median value of packaged house and land sales has also increased over the last few years, peaking in 2014 with a median of $470,000. Mackay is experiencing a downturn in lot sales and median prices in 2015.

0

200

400

600

1,400

800

1,600

1,000

1,800

1,200

Vacant Land House & Land Package

20070

$50,000

$100,000

$150,000

$350,000

$200,000

$400,000

$250,000

$450,000

$500,000

$300,000

2008 2009 2010 2011 2012 2013 2014 2015*

$190,000

$399,000

Vacant Land House & Land Package* For year to September 2015

#


2015*

1,074

202

2014

1,308

263

2013

1,650

509

2012

2,315

499

2010

1,897

356

2011

1,836

323

2009

2,091

512

2008

2,230

419

2007

2,446

617

There were a total of 1,571 new and established detached and attached dwelling sales in 2014 within the Mackay region, of which 85% were detached house sales. Detached housing sales have accounted for 82% of dwelling sales activity within the region. Historically, units and townhouses have accounted for approximately 18% of dwelling sales.

new LOt SaLeS and MedIan PRICe

new Lot Sales (140m2 to 2,500m2) Median Sale Price Median $/m2

Vacant Land1 House & Land Packages2 total Sales Vacant Land1 House & Land

Packages2 Vacant Land1

2007 739 76 815 $181,000 $412,000 $252

2008 571 95 666 $180,000 $420,000 $248

2009 838 102 940 $175,000 $412,000 $227

2010 770 81 851 $182,000 $395,000 $252

2011 796 80 876 $177,000 $425,000 $272

2012 1,600 135 1,735 $194,900 $437,000 $306

2013 770 65 835 $208,000 $465,000 $354

2014 349 42 391 $208,000 $470,000 $335

2015* 203 44 247 $190,000 $399,000 $284

* For year to September 20151 May include resales of vacant land.2 Includes lots as a component of house and land package in addition to sub divided lots containing and exsisting dwelling.Source QGSO Residential Land Development Activity profile, September Quarter 2015

0

500

1,000

1,500

3,500

2,000

2,500

3,000

Detached Houses Units and Townhouses* For year to September 2015

From 2012, both the detached and attached dwelling markets have been experiencing a decrease in both dwelling prices and number of sales. Between 2012 and the year to September 2015, the median price of detached housing decreased by 14% from $430,000 in 2012 to $370,000 in 2015. Over the same period, the median price of attached housing has also fallen from $347,500 to $280,000.

number of dwelling Sales Median Sale Price

detached Housesunits and

townhousestotal Sales detached Houses

units and townhouses

2007 2,446 617 3,063 $380,000 $290,000

2008 2,230 419 2,649 $385,000 $310,000

2009 2,091 512 2,603 $387,000 $297,000

2010 1,897 356 2,253 $407,000 $315,000

2011 1,836 323 2,159 $412,000 $315,000

2012 2,315 499 2,814 $430,000 $347,500

2013 1,650 509 2,159 $427,500 $355,000

2014 1,308 263 1,571 $410,000 $325,000

2015* 1,074 202 1,276 $370,000 $280,000

* For year to September 2015Source QGSO Residential Land Development Activity profile, December Quarter 2013

0

$50,000

$100,000

$150,000

$350,000

$200,000

$400,000

$250,000

$450,000

$500,000

$300,000

$280,000

$370,000

Detached Houses Units and Townhouses* For year to September 2015

2007 2008 2009 2010 2011 2012 2013 2014 2015*


The median house price for the Mackay region in the year to March 2016 was $345,000, representing a 10.6% decrease over the year prior and 14.8% decrease compared to five years ago.

Over the last 12 months, all suburbs in Mackay experienced a decrease in median house price, with the exception of East Mackay, Glenella and Slade Point, which increased by 3.3%, 3.3% and 3.2%, respectively.

-25

-21.4%

-20.0%

-17.6%

-15.9%

-15.5%

-15.3%

-14.1%

-13.6%

-13.0%

-10.8%

-10.6%

-10.3%

-8.2%

-7.5%

-6.6%

-4.4%

3.2%

3.3%

3.3%

-5 0 5 10-10-15-20

South Mackay

Walkerston

Sarina

Bucasia

Andergrove

Marian

Mount Pleasant

West Mackay

Slade Point

North Mackay

Mackay LGA*

Blacks Beach

East Mackay

Glenella

Eimeo

Beaconsfield

Mackay LGA*

Rural View

Ooralea

Regional data has been sourced from the Queensland Residential Tenancies Authority for median rental data from September Quarter 2010 to March Quarter 2016 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 remained steady when measured on a bi-annual basis.

The REIQ Market Monitor states that “similar to other resources-reliant areas, Mackay’s residential property market has contracted to levels of about a decade ago. Distressed investors are exiting the market while bank repossessions remain higher than the historical average. Local agent projections remain conservative and the jobs market continues to rely on the casual employment regime.

The one demographic taking advantage of improved affordability is the young first-home buyer, who was previously unable to compete with investors.

(Issue 30, page 38)

Median House Sales data - March Qtr 2016

Sales Mar Qtr (no.)

Median Mar Qtr ($)

Year to Mar 2016 annual Change 5 Year Change

Andergrove 16 N/A $305,000 -15.3% -22.3%

Beaconsfield 9 N/A $340,000 -10.3% -16.0%

Blacks Beach 2 N/A $355,000 -17.6% -26.0%

Bucasia 9 N/A $340,000 -15.5% -20.9%

East Mackay 9 N/A $395,000 3.3% -7.1%

Eimeo 7 N/A $356,000 -14.1% -20.3%

Glenella 7 N/A $495,000 3.3% -6.2%

Marian 9 N/A $400,000 -13.0% -6.1%

Mount Pleasant 4 N/A $370,000 -7.5% -11.9%

North Mackay 10 N/A $265,000 -15.9% -25.8%

Ooralea 9 N/A $420,000 -8.2% -17.1%

Rural View 12 N/A $377,500 -10.8% -17.6%

Sarina 2 N/A $220,000 -21.4% -26.7%

Slade Point 3 N/A $325,000 3.2% -12.4%

South Mackay 15 N/A $275,000 -20.0% -25.7%

Walkerston 9 N/A $355,000 -13.6% -20.0%

West Mackay 16 N/A $334,000 -6.6% -10.2%

Mackay LGa 172 $332,500 $345,000 -10.6% -14.8%

Mackay LGa* 27 $450,000 $435,000 -4.4% -10.3%

*Indicates acreage sales only (with land size grater than 2,400m2). All other data is based upon sales wiht a land size of less than 2,400m2.Source: Queensland Market Monitor, March Quarter 2016, REIQ


Within the Mackay LGA, four bedroom houses have consistently experienced the highest rental rates in the region where two bedroom units are consistently the least expensive option.

Other options in Mackay appear inconsistent and experience regular and intermittent fluctuations. Since June 2012, rents across all dwelling types and sizes appear to be decreasing.

Median weekly Rent

two Bed units/flats Sep-10 Mar-11 Sep-11 Mar-12 Sep-12 Mar-13 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16

Mackay Regional Council $280 $300 $315 $350 $360 $350 $320 $290 $250 $230 $220 $200

Isaac Regional Council $260 $260 $950 $250 $450 $550 $260 $300 $250 $250 $180 $180

Whitsunday Regional Council $260 $250 $260 $260 $280 $290 $290 $300 $280 $250 $260 $255

three Bed units/flats Sep-10 Mar-11 Sep-11 Mar-12 Sep-12 Mar-13 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16


Isaac Regional Council $350 $825 $1,200 $1,000 $800 $600 $450 $400 $375 $340 $200 $250


three Bed Houses Sep-10 Mar-11 Sep-11 Mar-12 Sep-12 Mar-13 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16


Isaac Regional Council $650 $800 $1,200 $1,700 $700 $425 $350 $320 $275 $250 $220 $220


four Bed Houses Sep-10 Mar-11 Sep-11 Mar-12 Sep-12 Mar-13 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16


Isaac Regional Council $900 $980 $1,500 $2,000 $1,200 $550 $475 $450 $350 $300 $350 $320


two Bed townhouses Sep-10 Mar-11 Sep-11 Mar-12 Sep-12 Mar-13 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16


Isaac Regional Council n.a n.a $850 n.a n.a n.a $360 $400 n.a $240 $230 $210


three Bed townhouses Sep-10 Mar-11 Sep-11 Mar-12 Sep-12 Mar-13 Sep-13 Mar-14 Sep-14 Mar-15 Sep-15 Mar-16


Isaac Regional Council n.a n.a $1,500 n.a $1,400 $600 $500 $400 $425 $335 $310 $250


Source: Residential Tenancies Authority, Queensland

Sep-11

$100

$200

$300

$400

$500

$600

Mar-11Sep-10 Mar-12 Sep-12 Mar-13 Sep-13 Mar-14 Sep-14 Mar-15 Mar-16Sep-15$0

Two Bed Units/Flats Two Bed Townhouses

Three Bed Units/Flats Four Bed HousesThree Bed Townhouses

Three Bed Houses


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.

The estimated output generated by tourism for each industry sector has been deducted and consolidated into a separate tourism sector.

The total output estimate for the Mackay region is $15.200 billion, with Tourism contributing $471.314 million.

OutPut ($M)

0

Arts and recreational Services






Toursim


Wholesale Trade


Mining

$36.799

$165.261

$168.030

$291.500

$344.412

$361.063

$380.517

$416.680

$419.411

$437.041

$471.314

$489.372

$508.268

$537.099

$642.698

$814.099

$951.009

3,0002,0001,000

Other Services




Ownership of Dwellings


Construction


Retail Trade

Manufacturing

$1,040.960

$1,139.148

$2,101.160

$3,483.904

Tourism output has been estimated to be $471.314 million. The graph on the left 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 sector. Tourism is estimated to account for 2,684 jobs (6.0%) of the total 44,770 jobs in Mackay.

JOBS

0







Tourism


Wholesale Trade


Mining

31

223

324

Other Services






Construction


Retail Trade

Manufacturing

4,129

4,565

4,766

4,819

tOuRISM OutPut BReaKdOwn ($M)

Manufacturing

0






Wholesale Trade

$0.307

$0.512

$2.017

$2.870

$3.353

$7.534

$8.569

$9.953

$12.943

$14.567

$16.731

$35.646

$237.956

150 250100 20050

Other Services







Retail Trade$52.698

$65.658

5,0003,0002,000 4,0001,000

451

743

921

1,031

1,217

1,549

1,698

2,090

2,311

2,519

2,640

2,684

3,009

3,050


The total tourism related employment estimate for the Mackay region is 2,684 jobs. The graph on the left shows the number of jobs in each industry sector in the region which service demand generated by tourists to the area. For each dollar spent by a tourist in the Mackay

region, it is estimated that typically $0.50 is spent on ‘Accommodation & Food Services’, $0.14 on ‘Transport, Postal & Warehousing’ and $0.11 on ‘Retail Trade’.

JOBS

distribution Of each $1 Spent By a tourist ($)

$

Manufacturing

0






Wholesale Trade

1

2

2

4

21

23

23

31

35

41

52

66

1,723

1,5001,000 2,000500

Other Services







Retail Trade

192

468

Manufacturing

0.0



Wholesale Trade

$0.01

$0.01

$0.02

$0.02

$0.02

$0.03

$0.03

$0.04

$0.08

$0.11

$0.14

$0.50

0.30.2 0.4 0.50.1

Other Services







Retail Trade

The visitor profile provides data for the Mackay Tourism Region for the year ending December 2015.

The following data has been sourced from Tourism Research Australia, Tourism Regional Profile 2015 for the Mackay Tourism Region.

Overall, visitor numbers decreased by 3.1% in the 12 months to December 2015, where there were a total of 837,000 visitors to the region. The ‘Domestic Overnight’ visitor market accounted for 794,000 visitors, or 95% of total overnight visitors. The ‘Business’ visitor market is the largest source market in the region, and over the 12 month period to December 2015, experienced a decrease of 9.2%.

Visitors Holiday VfR3 Business expenditure ($M)

domestic Overnight 794,000 144,000 167,000 414,000 $322.40

Annual Change1 -3.1% -7.7% -9.7% -9.2% -20.3%

Trend Change2 2.1% -4.4% -13.5% 13.6% -6.8%

International Overnight 43,000 28,000 9,000 n/p $26.1

Annual Change1 -3.9% -9.8% -4.8% n/p -0.1%

Trend Change2 -0.4% 1.4% 1.5% n/p n/p

tOtaL 837,000 172,000 176,000 n/p $348.50

Annual Change -3.1% -8.0% -9.5% n/p -19.1%

1 Annual Change refers to % change between year ending September 2014 and 20152 Trend Change refers to % change between the 3 years to December 2014 and the 3 years to December 20153 VFR - Visiting Friends and Relatives Source: Mackay Regional Snapshot, YE December 2015, Toursim and Events Queensland

Mackay Region 2015 domestic day domestic Overnight International

Average stay (nights) - 3 15

Average spend per trip $151 $406 $611

Average spend per night - $119 $40

Average spend (commercial accommodation) per night

- $172 $58

Source: Tourism Research Australia, Tourism Regional Profile 2015; Mackay


Of the domestic visitors to Mackay, 87% are from intrastate. These visitors accounted for 83% of the visitor nights to the region. Over a twelve month period, the average length of stay of domestic visitors to Mackay has decreased by 0.9 days. Despite increases to Queensland and Australia, Mackay has experienced a decrease in the number of daytrippers (-2.7%) visiting the region.

Visitorsannual

Change %nights

annual Change %

Length of Stay

nights Change

Holiday 144,000 -7.7% 305,000 -34.4% 2.1 -0.9

VFR 167,000 -9.7% 657,000 -25.7% 3.9 -0.9

Business 414,000 -9.2% 1,596,000 -30.5% 3.9 -1.1

total4 794,000 -3.1% 2,714,000 -26.5% 3.4 -1.1

Intrastate

Holiday 117,000 -0.8% 257,000 -21.6% 2.2 -0.6

VFR 147,000 -3.3% 525,000 -27.6% 3.6 -1.2

Business 375,000 -7.9% 1,371,000 -30.9% 3.7 -1.2

total4 687,000 -0.4% 2,244,000 -26.7% 3.3 -1.1

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

total4 107,000 -17.1% 470,000 -25.9% 4.4 -0.5

daytrippers

Visitors annual Change % expenditure ($M) annual Change %

Mackay 647,000 -2.7% n/p n/p

Queensland 38,686,000 14.7% $4,220.90 11.0%

australia 179,591,000 9.3% $19,003.80 5.8%

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

The main visitor source markets were visitors from Regional QLD, accounting for 62% of visitors and 61% of visitor nights. Brisbane visitors are the second largest source market, accounting for 24% of visitors and 22% of visitor nights.

total Visitors Visitors annual Change % nights annual Change %

Regional QLd 493,000 -8.7% 1,642,000 -33.0%

Brisbane 193,000 28.7% 602,000 -1.5%

Source: Mackay Regional Snapshot, YE December 2015, Toursim and Events Queensland

Based on the Tourism and Events Queensland data, in the 12 months to December 2015, there were a total of 43,000 international visitors to the Mackay Tourism Region, staying for a total of 649,000 nights, with an average length of stay of 15.2 nights.

International visitors in the region for ‘holiday’ purposes accounted for 65% of total international visitors and 19% of international visitor nights. The ‘VFR’ market accounted for 21% of international visitors, and 40% of international visitor nights.

Based on the Tourism and Events Queensland data, the key international source markets to the region were visitors from New Zealand (19%), United Kingdom (14%) and Germany (14%). The number of visitors from New Zealand increased by 7.7%, the United Kingdom by 5.9% and Germany by 30.2% over the 12 months to December 2015.

Visitorsannual

Change %nights

annual Change %

Length of Stay

nights Change

Holiday 28,000 -9.8% 125,000 -23.3% 4.5 -0.8

VfR 9,000 -4.8% 257,000 -12.7% 28.9 -2.6

Business n/p n/p n/p n/p n/p n/p

total1 43,000 -3.9% 649,000 4.9% 15.2 1.3

International Source Markets

new zealand 8,000 7.7% 98,000 -15.8%

united Kingdom 6,000 5.9% 32,000 -6.5%

Germany 6,000 30.2 15,000 43.1%

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


employing Businesses

Small Medium Large total employingnon-employing

businessestotal Businesses

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

305 308 113 726 444 1,170

Source: Tourism Research Australia, Tourism Regional Profile 2015; Mackay

There is a time lag for Tourism Business data that is provided by Tourism Research Australia. Tourism Business data is correct for June 2014 period and has been sourced from the latest available Tourism Research Australia data for the Mackay Region.

Approximately 38% of ‘tourism businesses’ are ‘Non-Employing Businesses’, while approximately one in two businesses (52%) located in Mackay LGA have between 1 and 19 employees.


As at June 2015, there were 10,000 businesses operating in the Mackay region. The largest number of registered businesses was in the ‘Agriculture, Forestry & Fishing’ industry sector (1,841), followed by ‘Construction’ (1,814).

Between 2013 and 2015, the number of registered businesses decreased by 446 businesses. The ‘Construction’ sector experienced the largest decline in business numbers (-96), followed by the ‘Agriculture, Forestry & Fishing’ industry sector (-74). The ‘Financial and Insurance Services’ industry sector experienced the largest increase in business numbers from 2013 to 2015 (37).

BuSIneSS COuntS

0







Wholesale Trade

Not Classified


Mining

12

13

27

72

123

124

136

1,500 2,0001,000500

Other Services






Retail Trade

Manufacturing

1,814

1,841 Agriculture, Forestry and Fishing

Construction

188

305

312

333

448

472

586

610

708

750

1,126

BuSIneSS COuntS

-500







Wholesale Trade

Not Classified


Mining

-446

-96

-74

-55

-53

-42

-35

0 100-100-200-300-400

Other Services






Retail Trade

Manufacturing

2

37


Construction

Total Change

-32

-25

-22

-21

-18

-18

-11

-6

-3

-2

0

28

From 2014 to 2015, the largest change in business turnover range was for businesses turning over more than $2 million, decreasing from 762 in 2014 to 667 in 2015, a decrease of 12.5%. The largest proportion of turnover was for businesses with turnover of $50,000 or less, accounting for 23.4% of the Mackay region businesses in 2015. The $200,000 to $500,000 range accounted for the second highest proportion of business turnover (21.6%).

turnover Range2013 2014 2015 Change

2014-15no. % no. % no. %

Zero to $50k 2,362 22.6% 2,422 23.4% 2,336 23.4% -3.6%

$50k to less than $100k 1,508 14.4% 1,414 13.6% 1,445 14.5% 2.2%

$100k to less than $200k 1,657 15.9% 1,808 17.5% 1,776 17.8% -1.8%

$200 to less than $500k 2,340 22.4% 2,314 22.3% 2,163 21.6% -6.5%

$500 to less than $2m 1,720 16.5% 1,641 15.8% 1,611 16.1% -1.8%

$2m or more 852 8.2% 762 7.4% 667 6.7% -12.5%

Total 10,439 100.0% 10,361 100.0% 9,998 100.0% -3.5%

workforce Size2013 2014 2015 Change

2014-15no. % no. % no. %

Non Employing 6,037 57.8% 6,032 58.2% 5,855 58.6% -2.9%

1-4 staff 2,844 27.2% 2,775 26.8% 2,718 27.2% -2.1%

5-19 staff 1,153 11.0% 1,187 11.5% 1,108 11.1% -6.7%

20-199 staff 400 3.8% 363 3.5% 310 3.1% -14.6%

200+ staff 12 0.1% 3 0.0% 9 0.1% 200%

Total 10,446 100.0% 10,360 100.0% 10,000 100.0% -3.5%

Source: Australian Bureau of Statistics, 8165.0

0

500

1,000

1,500

2,000

2,500

0<$50k

2,3

62

2,4

22

2,3

36

$50k<$100k

1,5

08

1,4

14

1,4

45

$100k<$200k

1,6

57

1,8

08

1,7

76

$200k<$500k

2,3

40

2,3

14

2,1

63

$500k<$2m $2m or more

2013 2014 2015

1,7

20

852

1,6

41

762

1,6

11

667


Between 2014 and 2015, the largest increase occurred for businesses with 200 staff or more, increasing 200% from 3 in 2014 to 9 in 2015. Businesses which do not employ any staff (i.e. owner/operator) experienced the largest decrease from 363 in 2014 to 310 in 2015. Non-employing businesses account for the highest proportion (58.6%) of the Mackay region’s registered businesses.

0

1,000

2,000

3,000

4,000

5,000

6,000

Non employing

6,0

37

6,0

32

5,8

55

1-4 staff

2,8

44

2,7

75

2,7

18

5-19 staff

1,1

53

1,1

87

1,1

08

20-199 staff 200 or more staff

400

363

310

2013 2014 2015

12

3 9

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

June 2013 June 2014 June 2015no. % no. % no. %

Accommodation and Food services 331 3.2% 326 3.1% 333 3.3%

Administrative and Support services 337 3.2% 316 3.1% 312 3.1%

Agriculture, Forestry and Fishing 1,915 18.3% 1,942 18.7% 1,841 18.4%

Arts and Recreational services 74 0.7% 73 0.7% 72 0.7%

Construction 1,910 18.3% 1,891 18.3% 1,814 18.1%

Education and Training 127 1.2% 120 1.2% 124 1.2%

Electricity, Gas, Water and Waste services 12 0.1% 15 0.1% 12 0.1%

Financial and Insurance services 549 5.3% 565 5.5% 586 5.9%

Health Care and Social Assistance 420 4.0% 436 4.2% 448 4.5%

Information Media and Telecommunications 24 0.2% 31 0.3% 13 0.1%

Manufacturing 323 3.1% 313 3.0% 305 3.1%

Mining 155 1.5% 148 1.4% 123 1.2%

Not Classified 191 1.8% 170 1.6% 136 1.4%

Other services 785 7.5% 758 7.3% 750 7.5%

Professional, Scientific and Technical services 761 7.3% 750 7.2% 708 7.1%

Public Administration and Safety 33 0.3% 27 0.3% 27 0.3%

Rental, Hiring and Real Estate Services 1,144 11.0% 1,156 11.2% 1,126 11.3%

Retail Trade 493 4.7% 490 4.7% 472 4.7%

Transport, Postal and Warehousing 652 6.2% 629 6.1% 610 6.1%

Wholesale Trade 210 2.0% 204 2.0% 188 1.9%

total 10,446 100.0% 10,360 100.0% 10,000 100.0%


The estimated number of people employed in the Mackay region in 2015 is 63,413, Since 2008, the labour force has increased by 8,802 people, the number of employed people has increased by 5,317 people and the number of unemployed people has increased by 3,485 people. The average annual growth rate in the labour force between 2008 and 2015 is 1.3%.

The unemployment rate has peaked at 7.64% in 2015.

The graph below shows the unemployment rates for Mackay and Queensland between 1998 and 2015.

20090 0

10,000

20,000

1.00%

30,000

2.00%

40,000

3.00%

50,000

4.00%

60,0007.00%

6.00%

5.00%

70,0008.00%

80,000 9.00%

2008

58,096 60,741

2010 2011 2012 2013 2014 2015

Employed Unemployed Unemployment Rate

7.64%

7.7%

6.3%

4.56%4.47%

3.73%3.73%4.27%

3.79%

2.94%

1,7622,396 2,677 2,338

2,4663,138 3,223 5,247

Source: Department of Employment Small Area Labour Markets (March Quarter 2016)


60,396 63,608 66,990 67,516 63,41360,007

2000

2.00%

4.00%

6.00%

8.00%

10.00%

19991998 2001 2002 2003 2004 20102005 20112006 20122007 20132009 20152008 20140.00%

QueenslandMackay

From 1998 to 2015, the unemployment rate within the Mackay region has ranged from 2.9% in 2008, peaking at 10.1% in 2001. From 2012, the unemployment rate has continued to climb, reaching its highest levels since 2004.

Jobs rate growth identifies the annual change in the number of people employed within the region. Employment growth since 2008 peaked between 2012 and 2013 (2012-13).

The 12 month period to 2015 saw a decrease of 4,103 jobs in the region.


-5,000

2008

2009

2010

2011

2012

2013

2014 -4,103

526

3,382

3,212

389

-733

2,644

3,000 5,0001,0000-1,000-3,000

LaBOuR fORCe SuMMaRY

Year unemployed employed Labour force unemployment Rate Job Growth Rate

2010 2,677 60,007 62,684 4.27% -1.21%

2011 2,338 60,396 62,734 3.73% 0.65%

2012 2,466 63,608 66,074 3.73% 5.32%

2013 3,138 66,990 70,129 4.47% 5.32%

2014 3,223 67,516 70,739 4.56% 0.78%

2015 5,247 63,413 68,660 7.64% -6.08%



economic Indicator Period Performance Indicator

demographics

Estimated Resident Population 2015 123,724

Projected Population (QGSO 2015) 2036 171,313

employment

Number of people who work in the region 2011 44,770

Largest Employing Industry 2011 Retail Trade

Change in Jobs (work in region) 2006-2011 5,158

Industry* (2011 Census; 2012/13 national accounts

Output 2015 $15.200 billion

Value Added 2015 $6.476 billion

GRP 2015 $6.962 billion

GRP as % of QLD 2015 2.28%

Housing

Dwelling approvals (No.) 2014/2015 462

Building approvals ($) 2014/2015 $266.4 million

Residential Lot approvals^+ Year to Sep 2015 156

Residential Lot registrations^+ Year to Sep 2015 542

New Lot Sales (No.)+ Year to Sep 2015 247

Median Lot Sale Price+ Year to Sep 2015 $190,000

Dwelling Sales+ Year to Sep 2015 1,276

Detached Housing Median Sale Price+ Year to Sep 2015 $370,000

tourism**

Domestic Overnight Visitors 2015 794,000

Domestic Visitor Nights 2015 2,714,000

International Visitors 2015 43,000

International Visitor Nights 2015 649,000

trends

Business Activity (No.) Jun - 15 10,000

Employed 2015 63,413

Unemployed 2015 5,247

Labour Force 2015 68,660

Unemployment Rate 2015 7.64%

*Based on the 2012/2013 National Imput Output tables and the June 2015 ABS Gross State Product^Vacant land less than 2,400m2

+Residential Land Activity Profile, Queensland Treasury and Trade**Mackay Region, Tourism and Events Queensland


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

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.

ReMPLan Modelling and analysis System, developed by REMPLAN utilises the following sources:

> 2011 ABS Census Journey to Work Employment Data;> 2012 / 2013 ABS National Input Output Tables;> June 2015 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, 2005 to 2015”.

Resident demographic Overview: 2011 Census Data for the Mackay region.

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 2011 place of work Census data

Business data: ABS Catalogue number 8165.0 “Counts of Australian Businesses, including Entries and Exits, Jun 2011 to Jun 2015”.> Australian Bureau of Statistics, Various Publications (see below)

Labour force data: Department of Employment, Small Area Labour Markets Australia. Latest data – March Quarter 2016

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 (2012/2013 ABS National Input Output Tables) and the latest Gross State Product data (June 2015). All regional GRPs within the State add up to the total Gross State Product.

tourism:

> Mackay Regional Snapshot, year ended December 2015. Tourism and Events Queensland.> 2015 Tourism Research Australia, Tourism Regional Profiles, 2015; Mackay, Queensland.

Rent and Sales data: > Queensland Market Monitor, Issue 30 (March 2016 Quarter), REIQ> Residential Tenancies Authority Queensland.> Residential Land Development Activity Profile, Mackay Regional Council, September Quarter 2015. Queensland Treasury and Trade, Government Statistician.

fOR fuRtHeR InfORMatIOn COntaCt:

MaCKaY ReGIOnaL COunCILEconomic Development Team 1300 MACKAY (622 529) [email protected] www.mackay.qld.gov.au

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

Documents

MACKAY ECONOMIC PROFILE · The average annual projected population growth between 2016 and 2036 of 1.5% is lower than the average growth rates experienced over the previous 10 years