2016-11-08 Services & Organisation Committee Agenda

      12                                   Summary Economic Profile
                                           - Prepared by the AEC Group
      Appendix I


Population                                                       While population growth began to slow in the early 2000s,
                                                                 Noosa’s reputation as a world class tourism destination
The Noosa economy is not dissimilar to that of other             continued to grow strongly, deepening our economic
lifestyle destinations in that it has historically been geared   reliance on tourism, hospitality and retail as key employing
towards population driven industry sectors.                      industry sectors.

The Noosa economy experienced particularly high levels of        Since 2004 population growth in Noosa Shire averaged
population growth in the period between 1981 and 1996,           1.2% per annum compared to 2.2% for SEQ region and
ranging between 16.5% and 5.1% on an annual basis. This          2.1% for Queensland, however forecast population growth
population growth and Noosa’s high tourism profile have,         is expected to average only 0.8% per annum in Noosa Shire
in the past, been key economic drivers.                          reaching a population of approximately 62,000 by 2036.
                                                                 This is consistent with the Noosa Plan which identified the
                                                                 optimum carrying capacity for our community.



                                     Noosa LGA Historical and Projected Population