2016 08 09 - S&O Agenda - Item 8, Att 2 - AEC Noosa Convention & Performing Arts Centre Pre-feasibility Review

PRE-FEASIBILITY OF CONVENTION AND PERFORMING ARTS CENTRES


Table 7.6. Construction Phase Impacts
    Impact                Output ($M)         GVA ($M)       Income ($M)      Employment
                                                                                    (FTE)
    Direct Impact                 $15.0            $4.6              $2.4              28
    Indirect Impact               $10.0            $4.6              $2.7              32
    Total Impact                  $25.0            $9.2              $5.1              60
Note: Totals may not sum due to rounding.
Source: AEC


7.3.2         Operations

7.3.2.1       Convention Centre

Once fully operational the Convention Centre development is expected to support the following economic activity
through operations and additional visitor spend within the Noosa LGA annually:

      $7.9 million in additional output (including $5.4 million directly).

      $3.6 million in GVA (including $2.3 million directly).

      $2.3 million in incomes and salaries paid to households (including $1.6 million directly).

      39 FTE jobs (including 30 directly).

The breakdown of modelling outcomes is provided in the table below.

Table 7.7. Operational Phase Impacts
    Impact                Output ($M)         GVA ($M)       Income ($M)      Employment
                                                                                    (FTE)
    Direct Impact                  $5.4            $2.3              $1.6              30
    Indirect Impact                $2.5            $1.2              $0.7               9
    Total Impact                   $7.9            $3.6              $2.3              39
Note: Totals may not sum due to rounding.
Source: AEC


7.3.2.2       Performing Arts Centre

Once fully operational the PAC development is expected to support the following economic activity through
operations and additional visitor spend within the Noosa LGA annually:

      $2.0 million in additional output (including $1.3 million directly).

      $0.9 million in GVA (including $0.6 million directly).

      $0.7 million in incomes and salaries paid to households (including $0.5 million directly).

      14 FTE jobs (including 11 directly).

The breakdown of modelling outcomes is provided in the table below.

Table 7.8. Operational Phase Impacts
    Impact                Output ($M)         GVA ($M)       Income ($M)      Employment
                                                                                    (FTE)
    Direct Impact                  $1.3            $0.6              $0.5             11
    Indirect Impact                $0.7            $0.4              $0.2              3
    Total Impact                   $2.0            $0.9              $0.7             14
Note: Totals may not sum due to rounding.
Source: AEC




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