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2015-12-14 General Committee Agenda Attachment 1 to Item 3 Noosa Shire Economic Plan

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   12                                 Summary Economic Profile
                                      - Prepared by the AEC Group
     Appendix I


Population                                               While population growth began to slow in the early
                                                         2000’s, Noosa’s reputation as a world class tourism
The Noosa economy is not dissimilar to other lifestyle   destination continued to grow strongly, deepening
destinations in that the economy has historically        our economic reliance on tourism, hospitality and
been geared towards population driven industry           retail as key employing industry sectors.
sectors.
                                                         Since 2004 population growth in Noosa Shire
The Noosa economy experienced particularly high          averaged 1.2% per annum compared to 2.2% for SEQ
levels of population growth in the period between        region and 2.1% for Queensland, however forecast
1981 and 1996, ranging between 16.5% and 5.1%            population growth is expected to average only 0.8%
on an annual basis. This population growth and           per annum in Noosa Shire reaching a population of
Noosa’s high tourism profile have in the past been       approximately 62,000 by 2036. This is consistent
key economic drivers.                                    with the Noosa Plan which identified the optimum
                                                         carrying capacity for our community.


                              Noosa LGA Historical and Projected Population




                                                                            Noosa Shire | Local Economic Plan | Page 31
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