2015-08-18 Planning and Organisation Committee Attachment 1 to Item 8 AEC Noosa Economic Profile Final Report

Noosa Economic Profile
Final


           Aging Population: Noosa’s population is aging, quickly. An aging population not only
            means that residents are leaving the workforce (and producing less in economic terms),
            but at the same time there will be increases in demand for a range of goods and services,
            including aged care, health care and many related industries. This demographic shift has
            numerous implications including that the economy must produce more value with fewer
            employees. At the same time, there are net declines in younger residents, which will
            have an impact on the economy as young families are big spenders in the economy and
            utilise a variety of services and infrastructure.
          Figure KPS.2: Residents by Age Bracket, Noosa Shire LGA, 1991-2036
                                                        100%

                                                        90%
          Proportion of Residents in Age Brackets (%)




                                                        80%

                                                        70%

                                                        60%

                                                        50%

                                                        40%

                                                        30%

                                                        20%

                                                        10%

                                                         0%
                                                                1991    1996   2001    2006   2011   2016     2021       2026    2031     2036
                                                          0-4 years             5-14 years           15-19 years                20-24 years
                                                          25-34 years           35-44 years          45-54 years                55-64 years
                                                          65-74 years           75-84 years          85 years and over
          Source: Noosa Shire Council (unpublished)




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