Now is the Scenic Rim’s time to shine.
New research shows we are sitting 50 per cent above the state average for growth, recording an increase of 3.3 per cent in Gross Regional Product (GRP) compared with the state’s 2.2 per cent average.
Our growth puts us out in front of the Lockyer Valley (they recorded 2.3 per cent growth) and Ipswich (3.1 per cent growth), and we are only a fraction behind the Gold Coast (3.7 per cent growth).
This data, compiled by Australia’s leading economic research agency and viewable on the Scenic Rim Regional Council’s Economic Profile, reinforces and highlights what we already know – that this region is a place of growth and opportunity.
Our overall growth in GRP is reinforced by strong growth in the region’s job numbers.
In the space of one year (2017/18 compared with 2016/17), jobs in the region grew by more than 900, from 14,351 to 15,253.
Particularly pleasing is that these jobs were spread across a number of industry sectors, with construction, agriculture, education and training and health care and social assistance leading the charge.
This diversity in the areas of jobs growth provides resilience for our local employment sector.
Harnessing opportunities, supporting growth
There is clear sentiment and intent from many parts of our regional economy to continue this growth, and we continue to see new investment and new opportunities in the region.
One example of this is the awarding of contracts to two Scenic Rim quarries to supply rock for Brisbane Airport’s new runway. These partnerships, which came to fruition in the second half of last year, recognise the world-class standard of Scenic Rim materials.
Also of note are the multiple investments in hospitality and tourism, which continue to progress in the region.
At Council, we’re proud to support and foster this region’s ongoing growth through our major bridge replacement and restoration program.
The combined value of our recovery, roads and bridges and other road capital programs from 2017 to the end of 2019 will be in the order of $113.5 million.
We see this as a key foundation for continued economic confidence, and a valuable investment to ensure our regional growth is supported by a strong network of economic corridors.
Watch this space
We at Council are harnessing this time of growth and opportunity, with a new leadership team in place focusing on streamlining and improving our efficiency and effectiveness.
welcome our four new General Managers Jennifer Schafer
(People and Strategy), Debra Howe (Customer and Regional Prosperity), Oliver
Pring (Council Sustainability) and Christopher Gray (Asset and Environmental
Sustainability), and we will have more exciting announcements as the year
Be proud, and celebrate your success
It’s a significant achievement to be 50 per cent above the state average for GRP growth. This is a great outcome for the Scenic Rim, and it’s a great reflection on the strength of economic opportunities across our region and the confidence of our business community.
I encourage others to recognise this really is a great opportunity. The brand of our region, in a whole range of business contexts, is becoming well-recognised. This really is our moment to shine.
This brings me to my final point. If you own a business in the Scenic Rim and you have not yet nominated for the 2019 Scenic Rim Business Excellence Awards, I urge you to do that before entries close on 18 February.
We really want our businesses to be courageous enough to put themselves forward so we can celebrate their success. And if you know a business worthy of recognition, make sure you tell them to nominate!
I look forward to coming together as a community at the gala presentation of the awards in March, and celebrating those businesses who are flourishing in this exciting time of growth and opportunity.