Meeting papers

Section 3.4


Economy
                                                                   3.4.1      Workforce

                                                                   At the 2016 Census, the total labour force participation      The majority of residents in Noosa are considered
                                                                   rate for the Noosa Council area was 54%. As at                as medium income ($650-$3000/week) with
                                                                   December 2021, there were 2,055 recipients of                 approximately 25% being considered low income
                                                                   the jobseeker payment in the Noosa shire with an              (<$650 per week). Communities with the highest
                                                                   unemployment rate of 4.4%. The most common                    percentage of low-income workers are Boreen Point
                                                                   occupations included Professionals 18.8%,                     (47.6%) and Ringtail Creek (31.1%).
                                                                   Technicians and Trade Workers 15.5%, Managers
                                                                   13.3% and Community and Personal Service Workers              Of people aged 15 and over in Noosa in 2016, 15.5%
                                                                   12.7%.                                                        reported having completed Year 12 as their highest
                                                                                                                                 level of educational attainment, 18.8% had completed
                                                                   At the 2021 Census, the median weekly income for              a Certificate III or IV, 11.3% had completed a Diploma
                                                                   people aged 15 years and over in Noosa was $722,              or Advanced Diploma, and 19.4% had a bachelor’s
                                                                   lower than the Queensland weekly median of $787.              degree level or above qualification.



                                                                   3.4.2      Key Industries

                                                                   Noosa Council’s economic profile identifies that the          Accomodation & Food Sector
                                                                   key employment industries that drive the Noosa                Accommodation and Food Services is another
                                                                   economy are Health Care & Social Assistance (13.1%),          significant industry in the Noosa Council area. This
                                                                   Accommodation and Food Services (12.2%) and Retail            includes accommodation, pubs, taverns and bars,
                                                                   Trade (11.6%). There were 7,234 businesses in the             clubs and food and beverage services.
                                                                   Noosa LGA as of June 30, 2021.
                                                                                                                                 Retail Trade
                                                                   For the financial year ending 30 June 2021, Noosa             Retail trade is also a significant sector and has a broad
                                                                   welcomed just over 1 million domestic visitors who            reach covering food, motor vehicles, fuel, furniture,
                                                                   spent $967 million in the region. International visitor       electrical goods, and clothing.
                                                                   numbers are still down compared to 2019 as an
                                                                   ongoing impact from COVID-19. International visitor           The major retail centre is Noosa Civic in Noosaville,
                                                                   numbers were 1.9 million (-23%) who spent $1.06               with smaller centres at Noosa Junction and Tewantin.
                                                                   billion (-3.2%) in the local economy.                         These centres accommodate key education, business,
                                                                                                                                 service and retail uses.
                                                                   Health Care & Social Assistance
                                                                   In the Noosa Council area, Health Care and Social             In the hinterland the railway towns of Cooran,
The Noosa economy is characterised by its small                    Assistance is a significant employment sector. This           Pomona and Cooroy provide services to their local
scale, the proportion of open space to development,                includes, but is not limited to hospitals, health services,
                                                                   medical services, pathology and diagnostic imaging,
                                                                                                                                 communities, as do the smaller villages of Boreen
                                                                                                                                 Point, Federal and Kin Kin.
a service industry base, and its cultural and creative             allied health, residential care.
value.

An economic profile of the Noosa Council area can be
found here:

https://economy.id.com.au/noosa/

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