Planning_Economic Impact Assessment

                                                                                                              Section 6: Economic impact




                                                                             Table 6.1
                         Noosa Heads Bow ls Club estim ated future additional em ploym ent levels

                                                                Estimated                                                  QLD
       Type of use                                            employment                                      GLA                     Employment
                                                              per '000 sq.m                                  (sq.m)                    (persons)

       Big Box Liquor Store                                           55                                     1,200                        66

       Net increase1                                                                                                                      63

       1. Net increase includes an allo wance fo r reduced emplo yment levels at impacted centres, estimated at 5% o f the to tal increase
       So urce: Co les Gro up, M acro P lan Dimasi




     The estimate of all additional employment that would be created as a result of the
     proposed development includes both on-going direct and indirect (multiplier
     induced) employment and on-going direct and indirect (multiplier induced)
     employment from the construction phase of the project.


     To calculate the likely total economic stimulus that can be attributed to the
     proposed development, both due to the direct retail employment which it will
     create, and also due to its construction, we have relied upon ABS Australian
     National Accounts Input/output multipliers.


     We conservatively estimate the capital cost of the project expansion to be
     approximately $3.05 million. Hence, estimated employment resulting from the
     construction of the project is 13 created directly and a further 21 resulting from
     multiplier induced effects.


                                                                              Table 6.2
                              Noosa Heads Bow ls Club estim ated future additional em ploym ent levels

                                                             Estimated                                      Supplier
      Original stim ulus                                      capital                 Direct               employment                  Total
                                                               costs                employment              multiplier
                                                               ($M)                                          effects

      Construction of project                                     3.05                     13                     21                     34    Job years 1

      Operating employment2                                                                63                     25                     88

      Total                                                                                76                     46                    122

      * Emplo yment to tals include bo th full-time and part-time wo rk
      1. Indicates the estimated number o f jo bs o ver the life o f the co nstructio n pro ject, fo r the equivalent o f o ne year
      2. Indicates the estimated number o f net additio nal o ngo ing jo bs as a result o f the pro po sed develo pment
      So urce: Co les Gro up, M acro P lan Dimasi




                                                                                                  Noosa Heads Bowls Club, QLD
40
                                                                                                              First Choice Assessment                        40
                                                                                                                                          Coles Group