2021-12-13 GC Agenda - Item 9 - Attachment 2-Noosa Economic Plan Review Update Report 2021

                                                    NOOSA LEP REVIEW - ECONOMIC ANALYSIS REPORT - Draft Report



Table of Contents

Executive Summary ........................................................................................................................ i
Table of Contents ........................................................................................................................... ii
1. Introduction .............................................................................................................................. 1
2. Population and Demographics .................................................................................................. 2
   2.1 Population ............................................................................................................................... 2
   2.2 Age ........................................................................................................................................... 3
   2.3 Income ..................................................................................................................................... 4
   2.4 SEIFA ........................................................................................................................................ 5
3. Economy ................................................................................................................................... 6
   3.1 Size and Structure of the Economy ......................................................................................... 6
   3.2 Business Counts ....................................................................................................................... 8
   3.3 Trade ...................................................................................................................................... 10
4. Employment and Skills .............................................................................................................12
   4.1 Labour Force and Unemployment ......................................................................................... 12
   4.2 Employment .......................................................................................................................... 15
   4.3 Journey to Work .................................................................................................................... 17
   4.4 Value of Employment ............................................................................................................ 18
   4.5 Employment Targets ............................................................................................................. 19
5. Tourism....................................................................................................................................21
   5.1 Visitation ................................................................................................................................ 21
   5.2 Value of Tourism.................................................................................................................... 26
6. Property...................................................................................................................................27
   6.1 House Prices .......................................................................................................................... 27
   6.2 Housing Affordability ............................................................................................................. 27
   6.3 Building Approvals ................................................................................................................. 28
7. Competitive Advantages and Opportunities .............................................................................29
8. Future Oriented Trends ............................................................................................................34
   8.1 Online Retail Sales ................................................................................................................. 34
   8.2 Online Travel Booking............................................................................................................ 35
   8.3 Private Holiday Rentals .......................................................................................................... 36
9. Post-COVID Trends ...................................................................................................................37
   9.1 Global Trends......................................................................................................................... 37
   9.2 National Trends ..................................................................................................................... 37
10.Next Steps................................................................................................................................39
References ....................................................................................................................................40




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