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Renowned as a thriving business destination even before, during and since the pandemic, the Sunshine Coast has continued its growth trajectory. Recent economic data shows the region is outperforming many others, take a read!
Figures released by economy.id show the region’s Gross Regional Product soared by 8.1% to the financial year ending June 2022. That’s compared to a growth of 3.7% for Australia’s economy and 4.5% for Australia’s regional economy.
The Sunshine Coast also experienced a 26% decrease in unemployment, down to 2.8%, with almost 180,000 more residents entering employment.
The region’s growth is being carefully guided by the Regional Economic Development Strategy 2013-2033.
Additionally, the recent recognition of the Sunshine Coast as a UNESCO Biosphere Reserve means the region now proudly stands as an international site of excellence and an area of natural beauty.
Becoming a biosphere demonstrates the Sunshine Coast's commitment to remain future facing. It will help enhance the region’s national and international reputation and support our economy, lifestyle and environment for future generations.
Why am I sharing this with you? My role is to spread the word that the Sunshine Coast is a smart place for businesses of the future.
At Sunshine Coast Council, we have a team of investment experts ready and waiting to help businesses learn more about the opportunities available here on the coast.
Council's Investment Attraction team provides site location assistance, connections with local business and help with navigating council requirements, amongst many other supports.
Please read on for our latest business news and go to our website for more information.