Appendix G. Economic Report

Contents
SUMMARY ......................................................................................................................................................... 1
1.0      INTRODUCTION ...................................................................................................................................... 3
         1.1       Project Context ............................................................................................................................. 3
         1.2       Glossary and Abbreviations ....................................................................................................... 3
         1.3       Site Context .................................................................................................................................. 3
         1.4       Development Concept ................................................................................................................. 7
2.0      SERVICE STATION NEED ...................................................................................................................... 8
         2.1       Study Area .................................................................................................................................... 8
         2.2       Study Area Population ................................................................................................................. 8
         2.3       Household Expenditure .............................................................................................................10
                   2.3.1 MarketInfo ..........................................................................................................................10
                   2.3.2 Study Area Fuel Expenditure and Usage ..........................................................................11
         2.4       Non-Passenger Vehicle Fuel Demand .....................................................................................11
         2.5       Service Station Supply ..............................................................................................................12
         2.6       Supply Gap and Need for Additional Service Stations ..........................................................15
         2.7       Findings ......................................................................................................................................17
3.0      RETAIL NEED AND IMPACT ................................................................................................................18
         3.1       Expenditure.................................................................................................................................18
                   3.1.1 Local Catchment Only........................................................................................................18
                   3.1.2 Current and Projected Expenditure Pool ...........................................................................18
         3.2       Market Shares and Locally Retained Expenditure..................................................................20
                   3.2.1 Market Shares ....................................................................................................................20
                   3.2.2 Locally Retained Expenditure ............................................................................................20
         3.3       Existing Informal Retail Uses on the Subject Site ..................................................................21
         3.4       Trading Comparison ..................................................................................................................22
         3.5       Key Findings ...............................................................................................................................22
4.0      CONCLUSIONS .....................................................................................................................................23




Tables
Table 1 Residential Fuel Expenditure and Usage, Study Area ........................................................................11
Table 2 Study Area Service Stations ................................................................................................................12
Table 3 Service Station Trading Capacity ........................................................................................................15
Table 4 Local Expenditure Retention Rates, Noosaville SA2 Catchment ........................................................20
Table 5 Locally Retained Expenditure, Park Ridge Catchment .......................................................................21




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