2022-11-14 GC Agenda - Item 4 - Attachment 1 - Short Term Accommodation Monitoring Report 2022

2.4.1 Local Economic Plan 2015
Noosa Council’s 2015 Local Economic Plan (LEP) sought to broaden the economic structure
of Noosa’s economy by growing the “smart” industry sectors that offers high economic value
and low environmental impact. The attraction and retention of skilled and talented people and
the development of collaborative alliance and conditions was identified as fundamental to
achieving this goal. The LEP identified the key theme to achieve this as:
      industry diversification;
      effective land use planning;
      enterprise support;
      essential infrastructure;
      skilled and connected businesses and implementation; and
      monitoring and reporting.
Priority industry sectors of competitive advantage identified to support economic growth were:
      healthcare and wellness;
      digital economy;
      environmental industries;
      rural enterprise;
      creative industries; and
      professional services.

2.4.2 Gross regional product June 2020
.id Community Demographic Resources data showed Noosa’s gross regional product was at
an all-time high in the year ending June 2019 at $3.043 billion, down to $2.988 billion by the
end of June 2020, following the initial impacts from COVID-19. The healthcare and social
assistance sector was the most value added industry, as shown in Figure 6 in Appendix 3.
2.4.3.1 Employment by industry
.id Community Demographic Resources data showed that between the 2006/2007 year and
the 2019/2020 year the proportion of jobs in accommodation and food services rose from
13.5% to 14.5% and healthcare and social assistance significantly rose from 9.9% to 14%.
Professional, scientific and technical services also increased from 5.7% to 7.2%. Significantly,
retail trade was down from 16.3 % to 12.5% as was construction from 13.2% to 11.9% as
shown in Table 9 in Appendix 3.
2.4.3.2 Employment by occupation
.id Community Demographic Resources data showed that between 2011 and 2016 the share
of people employed in a professional or managerial occupation slightly decreased. Community
and personal service workers increased from 12.6% to 13.9%.
Slight increases were also seen in technicians and trade workers up from 14.2% to 14.6% and
labourers up from 9.9% to 10.4% as shown in Table 10 and Figure 7 in Appendix 3.
2.4.3.3 Number of jobs
.id Community Demographic Resources data showed the total number of local jobs steadily
rose from the December 2018 quarter to peak at the December 2019 quarter to 25,056
decreasing to 22,417 by the June 2020 quarter following the initial impacts from COVID-19,
as shown in Figure 8 in Appendix 3.


2.4.4 Businesses by industry
.id Community Demographic Resources data showed the greatest share of registered
businesses in Noosa in 2020 was within the construction (18.7%), rental, hiring and real estate


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Noosa Council Monitoring Report 2022/23