Queensland region construction supply and demand …...Queensland region construction supply and demand analysis: 1995-2027 and quarterly indicators to June 2019 A report for the DEPARTMENT

Queensland region construction

supply and demand analysis:

1995-2027 and quarterly

indicators to June 2019

A report for the

DEPARTMENT OF HOUSING AND PUBLIC WORKS

Prepared by the

National Institute of Economic and Industry Research (NIEIR)

ABN: 72 006 234 626

416 Queens Parade, Clifton Hill, Victoria, 3068

Telephone: (03) 9488 8444; Facsimile: (03) 9482 3262

Email: [email protected]

August 2017

PJB1217-QDH&PW-Annual report/QldDPW/2017/June

While the National Institute endeavours to provide reliable forecasts and believes the material is accurate it will not be liable for any claim by any party acting on such information.

Contents

Page no.

Executive summary i

1. Introduction 1

2. The economic outlook for the world, Australia and Queensland 2

2.1 The world economy 2 2.1.1 An unstable United States Administration 2 2.1.2 The rise in world interest rates 3 2.1.3 China versus the United States 3 2.1.4 Conclusion 4 2.2 The Australian economic outlook 4 2.2.1 Interest rates 4 2.2.2 Household savings and debt 5 2.2.3 The manufacturing sector 6 2.2.4 The balance of payments and the current account deficit 6 2.2.5 Inflation and wages 7 2.2.6 Population and immigration 7 2.2.7 The public sector borrowing constraint 7 2.2.8 Gross Domestic Product (GDP) growth 7 2.3 The Queensland economic outlook 15 2.4 Queensland housing affordability 19

3. Queensland construction activity in the Australian context 27

3.1 Queensland construction: The headline outcomes 27 3.2 Total construction: A comparison with last year’s Annual Report 27 3.3 The Queensland dwelling market 28 3.3.1 New dwelling construction 28 3.3.2 Other dwelling expenditure 28 3.3.3 Total Queensland private dwelling construction expenditures 28 3.3.4 Dwelling commencements 29 3.4 Non-residential building 32 3.4.1 Private non-residential building 32 3.4.2 Public non-residential building activity 34 3.4.3 Major Queensland non-residential building projects 35 3.4.4 Total non-residential building activity 36 3.5 Engineering construction 36 3.5.1 Engineering: The segment drivers 37 3.5.2 Mining investment and output 37 3.5.3 Engineering construction: The outlook 38 3.5.4 Major Queensland engineering projects 40 3.6 Queensland’s construction share of total Australian construction 42

Contents (cont.)

Page no.

3. Continued

3.7 The regional dimension 51 3.7.1 Brisbane 51 3.7.2 Gold Coast 54 3.7.3 Sunshine Coast 58 3.7.4 West Moreton 62 3.7.5 Wide Bay/Burnett 65 3.7.6 Darling Downs 68 3.7.7 South West 72 3.7.8 Fitzroy 75 3.7.9 Central West 79 3.7.10 Mackay 82 3.7.11 Northern 86 3.7.12 Far North 89 3.7.13 North West 93

4. Queensland construction: Resources, capacity and price pressures 106

4.1 Utilisation of capacity 106 4.2 Labour shortages 106 4.3 Queensland construction sector unemployment rates 106 4.4 Construction cost inflation 107

5. Quarterly profiles 114

Appendix A: Additional annual tables 123

Appendix B: Additional quarterly tables 136

List of tables

Page no.

E.1 Australia and Queensland gross product and construction activity indicators v E.2 Annual growth and % contribution to construction activity by major construction segment v E.3 Construction activity by Queensland region v E.4 Share of total construction activity by Queensland region vi E.5 Total construction – average annual growth rates by Queensland regions vi E.6 Drivers of construction growth by Queensland region 2012-2023 vii E.7 Shortage of construction labour by Queensland region vii E.8 Queensland construction industry – real quarterly price growth at annual rates viii

2.1 Australian economy: Population and labour market 9 2.2(a) Australian economy: Formation of real GDP – Demand side – average annual growth 10 2.2(b) Australian economy: Formation of real GDP – Demand side – percentage point contribution to GDP growth 11 2.3 Australian economy: Household income, expenditure and debt indicators 12 2.4 Australian economy: Commodity prices, terms of trade and the balance of payment 13 2.5 Australian economy: Formation of real GDP – Supply side – average annual growth 14 2.6 World economic activity – GDP growth rates by selected countries 15 2.7(a) Demand side formation of Queensland Gross State Product 16 2.7(b) Supply side formation of Queensland Gross State Product 17 2.8 Formation of Queensland population 18 2.9 Average annual population change by region 19 2.10 Housing affordability – Brisbane City 20 2.11 Housing affordability – Gold Coast 21 2.12 Housing affordability – West Moreton 21 2.13 Housing affordability – Logan Redland 22 2.14 Housing affordability – Moreton Bay 22 2.15 Housing affordability – Sunshine Coast 23 2.16 Housing affordability – Darling Downs South West 23 2.17 Housing affordability – Far North Torres 24 2.18 Housing affordability – Fitzroy Central West 24 2.19 Housing affordability – Mackay 25 2.20 Housing affordability – Townsville North West 25 2.21 Housing affordability – Wide Bay Burnett 26

List of tables (cont’d)

Page no.

3.1(a) Australia and Queensland construction industry activity 45 3.1(b) Australian construction industry activity 46 3.2(a) Queensland construction industry activity 47 3.2(b) Fiscal year construction activity growth rates – Queensland CVM construction activity indicators 48 3.2(c) Fiscal year construction activity indicator contribution to total Queensland construction growth rate 49 3.3 Annual growth and % contribution to Queensland construction activity by major construction segment 50 3.4 Sector contribution to Queensland engineering construction growth 50 3.5 Formation of construction in Brisbane 97 3.6 Formation of construction in Gold Coast 97 3.7 Formation of construction in Sunshine Coast 98 3.8 Formation of construction in West Moreton 98 3.9 Formation of construction in Wide Bay/Burnett 99 3.10 Formation of construction in Darling Downs 99 3.11 Formation of construction in South West 100 3.12 Formation of construction in Fitzroy 100 3.13 Formation of construction in Central West 101 3.14 Formation of construction in Mackay 101 3.15 Formation of construction in Northern 102 3.16 Formation of construction in Far North 102 3.17 Formation of construction in North West 103 3.18 Total construction: average annual growth rates by Queensland regions 104 3.19 Drivers of construction growth by Queensland region 2012-2023 104 3.20 Contribution of each region to Queensland construction growth 105

4.1 Unutilised capacity in Queensland construction sectors 109 4.2 Construction industry employment by Queensland regions 109 4.3 Queensland regional construction excess capacity utilisation rates 110 4.4 Queensland regional construction – excess demand 110 4.5 Queensland regional construction – labour shortage (+) or surplus (–) 111 4.6 Regional construction industry employment by segment 111

5.1 Value of work done: Residential new construction (including major additions) by region 115 5.2 Value of work done: Non-residential building by region 116 5.3 Value of work done: Residential other renovations by region 117 5.4 Value of work done: Residential building by region 118 5.5 Value of work done: Total engineering construction activity by region 119 5.6 Value of work done: Total construction activity by region – chain volume measure 2014-15 reference year ($ million) 120 5.7 Value of work done: Total construction activity by region – chain volume measures 2014-15 reference year – Qtr. 3 2016-17 = 100 121 5.8 Queensland construction industry 122 5.9 Shortage of construction labour by Queensland region 122


Page no.

A.1 Total regional population 124 A.2 Share of regional population in total Queensland population 124 A.3(a) Total Queensland construction by region – share of residential activity in total regional activity 125 A.3(b) Total Queensland construction by region – share of non-residential activity in total regional activity 125 A.3(c) Total Queensland construction by region – share of total engineering activity in total regional activity 126 A.4 Share of public expenditures in regional total expenditures 126 A.5(a) Queensland construction by region – share of public residential expenditure in total regional residential expenditure 127 A.5(b) Queensland construction by region – share of public non-residential building expenditure in total regional non-residential building expenditure 127 A.5(c) Queensland construction by region – share of public engineering in total regional engineering expenditure (including Commonwealth) 128 A.6 Queensland regional construction value of work done: chain volume measure – Private housing expenditure on new construction and alterations (excluding other work done) 128 A.7 Queensland regional construction value of work done: chain volu28 measure – Public housing 129 A.8 Queensland regional construction value of work done: chain volume measure – Non-residential building private 129 A.9 Queensland regional construction value of work done: chain volume measure – Non-residential building public 130 A.10 Queensland regional construction value of work done: chain volume measure – Private engineering 130 A.11 Queensland regional construction value of work done: chain volume measure – Public engineering 131 A.12 Queensland regional construction value of work done: chain volume measure – Non-residential building total 131 A.13 Queensland regional construction value of work done: chain volume measure – Engineering total 132 A.14 Queensland regional construction value of work done: chain volume measure – Total residential (excluding other work done) 132 A.15 Queensland regional construction value of work done: chain volume measure – Total public sector engineering (including Commonwealth) 133 A.16 Queensland regional construction value of work done: chain volume measure – Private residential (other work done) 133 A.17 Queensland regional construction value of work done: chain volume measure – Total construction 134 A.18 Queensland regional construction value of work done: chain volume measure – Total construction expenditure share of State total 134 A.19 Queensland regional dwelling units commenced – Total residential units 135


Page no.

B.1 Private dwelling value of work done: new construction (including alterations and additions) 137 B.2 Private dwelling: other value of work done 138 B.3 Private dwelling: total value of work done 139 B.4 Private non-residential building value of work done 140 B.5 Public non-residential building value of work done 141 B.6 Total non-residential building value of work done 142 B.7 Public sector engineering value of work done 143 B.8 Private sector engineering value of work done 144 B.9 Total engineering value of work done 145 B.10 Public dwelling value of work done 146 B.11 Total construction: value of work done 147 B.12 Total dwelling units commenced 145

List of figures

Page no.

E.1 Australian GDP and Queensland GSP iv

2.1 World GDP growth rate 4 2.2 Australia – Real GDP growth rate 8

3.1 Queensland dwelling – new construction approvals ($ million) 29 3.2 Queensland dwelling – new construction approvals (number) 30 3.3 Queensland non-residential building approvals 30 3.4 Real Queensland established house prices 31 3.5 Queensland housing rental vacancy rate 31 3.6 Queensland housing approvals 32 3.7 Queensland – Private non-residential building work done and private non-residential building approvals 33 3.8 Excess demand for dwellings – Queensland 33 3.9 Queensland share of national population increase and national approvals 34 3.10 Queensland non-residential building approvals and work done 35 3.11 Queensland non-residential projects under construction, committed and under consideration 36 3.12 Queensland mining, LNG and metal ore investment 38 3.13 Queensland real mining output % rate of growth 39 3.14 Queensland mining investment 39 3.15 LNG expansion 40 3.16 Queensland engineering – work done 41 3.17 Queensland total engineering – work yet to be done 41 3.18 Queensland engineering projects under construction, committed and under consideration 42 3.19 Share of public engineering in total engineering 43 3.20 Share of Queensland construction industry in GSP 43 3.21 Queensland non-residential construction and private non-residential building expenditure share in GSP and GSP growth 44 3.22 Queensland regional construction value of work done – Brisbane 54 3.23 Queensland regional construction value of work done – Gold Coast 58 3.24 Queensland regional construction value of work done – Sunshine Coast 61 3.25 Queensland regional construction value of work done – West Moreton 65 3.26 Queensland regional construction value of work done – Wide Bay-Burnett 68 3.27 Queensland regional construction value of work done – Darling Downs 71 3.28 Queensland regional construction value of work done – South West 75 3.29 Queensland regional construction value of work done – Fitzroy 78 3.30 Queensland regional construction value of work done – Central West 82 3.31 Queensland regional construction value of work done – Mackay 85 3.32 Queensland regional construction value of work done – Northern 89 3.33 Queensland regional construction value of work done – Far North 92 3.34 Queensland regional construction value of work done – North West 96

4.1 Unused capacity in Queensland’s construction sector 107 4.2 Real construction costs versus labour shortage 108 4.3 Annual growth in Queensland construction employment 108

Queensland region construction supply and demand analysis: 1995-2027 and quarterly

indicators to June 2019 – June Annual Report 2017

i

Executive summary

A review of the core findings

The medium-term outlook for the Queensland economy and construction sector is best summed up by saying that both will perform relatively well given the conditions facing the world and national economies. The core reason for this is that over recent years Queensland economy has been subject to negative shocks to growth which will not re-occur over the projection period. It is now the turn of other state economies to be subject to the forces of structural adjustment.

The conditions facing the world economy are:

(i) the unwinding of excess liquidity created by quantitative easing policies;

(ii) an unstable United States’ administration; and

(iii) political economic risk from friction between China and the United States.

The conditions facing the domestic economy are:

(i) the upswing in the interest rate cycle;

(ii) relatively low current household savings ratios and higher household debt to income levels with the fundamental requirement for longer term sustainability being that the household debt to income ratio be stabilised over the medium-term;

(iii) government spending is currently at the limit of their fixed capacity if zero borrowing for current government expenditure is the objective;

(iv) the ending of the export growth surge from the end of the mining boom by 2019;

(v) the peaking of the dwelling construction cycle; and

(vi) the decade long-run decline in manufacturing capacity resulting in the large share of the growth in goods demand being directly channelled overseas as compared to the situation that existed in the first decade of the century.

The consequences of these conditions will be:

(i) weakening domestic drivers of growth to 2022 and hence low economic growth expected over the 2020 to 2022 period; and

(ii) the return of high current account deficits which will constrain the ability of governments to undertake expansionary policies.

As a result the average annual growth rate in national GDP is projected at 1.3% between 2020 and 2022 before recovering to 2% per annum late in the projection period. Over the next two years however the growth outlook is for an average of 3% for the national economy due in part to the pickup in both public and private investment.

By contrast the Queensland economy is expected to grow 2% to 2.5% range per annum over much of the projection period. This reflects the recovery from the negative impact of the decline in mining investment over the 2014 to 2017 period, a more subdued dwelling cycle compared to the rest of Australia and the continuation of relatively high population growth relative to the national average due to push factors from the other States.



ii

Is expected that the Queensland construction sector will increase its share of national construction activity over the medium-term.

1. The short-term outlook for the world economy is positive. The world economy growth rate in 2017 should be 3.3%, or 0.5% above the growth rate for 2016. This rate of growth should continue at this rate for the next two to three years. This will be largely driven by the recovery of the European economies. However, major barriers to world growth are likely to result in it steadily declining to 2.7% per annum which becomes the trend rate of growth for the remainder of the projection period.

One barrier is that the Central Banks have not worked out a way to neutralise the impact of the qualitative easing policies adopted after the GFC. The policies basically involved flooding economies with liquidity by the Central Banks buying both public and private sector bonds and thereby stimulating economies by driving down interest rates and exchange rates.

With the recovery in the world economy, qualitative easing policies have largely ended. However, the consequences of excess liquidity in the economy and low world interest rates have not. Too fast a rise in interest rates will trigger large-scale capital losses on bonds with flow-on effects for equity prices. This has the potential to trigger a second GFC.

The current administration of the United States is unstable. The temptation to give large tax cuts over the next 18 months to try and maintain control of Congress after the 2018 mid-term elections may prove irresistible. This will add to upward pressure on interest rates.

By 2030, at current relative growth rates, China will be approaching twice the size of the United States economy. The temptation by the United States to slow the Chinese growth rate by protectionist policies curtailing China’s export capacity may also prove irresistible.

2. Over recent years the national economic growth rate has been subdued. The average annual GDP growth rate over the 2014 to 2017 period has averaged 2.4%. Over the next two years the national GDP growth rate is projected to average 3%. However, because of the combined impact of the barriers to national economic growth, the national economic growth rate over the following three years, that is, 2019-20 to 2021-22, is projected to fall to 1.3%. Growth rates mirror post 2021-22 average national GDP growth recovers to an average of 2.2%.

National population growth is currently running at 1.5% per annum with net immigration at around 200,000. The decline in the national economic growth rate post 2019 will result in a decline in the net immigration intake to 170,000 by 2021 with the national population growth rate falling to 1.3% per annum. The recovery in the national economy post 2022 will allow net immigration to increase to 232,000 by the end of the period and a recovery of national population growth rate to 1.4%.

3. After growing at between 4% and 6% per annum over the years prior to the GFC, Queensland’s gross state product has averaged 2.3% per annum over the years 2009 to 2016, or 0.4% per annum below the national growth rate. The prospects for the Queensland economy are projected to improve, at least in relative terms, compared to recent outcomes. Gross state product growth is projected to remain near a 2.3% average growth rate until the middle of the next decade. However, this compares with a national average GDP growth rate of 2% over the same period.

The main factor explaining the improvement in the relative performance of the Queensland economy is that a number of factors that contributed to the relative poor performance of the Queensland economy over the past four years have now ended and have now trended positive. The main negative factor has been private business investment which, over the 2015 and 2016 fiscal years, reduced Queensland’s GSP growth rate by an average of 4.5 percentage points per year. In 2016-17 the reduction was 2.2 percentage points. Over the next few years the



iii

contribution of private business investment to Queensland growth will average a small positive contribution.

Another factor supporting Queensland GSP growth above the national average is the likelihood that population growth will remain above the national average. The main push factor here is the high established dwelling prices in Sydney and Melbourne which will encourage out-migration to Queensland from:

(i) retirees in search of cheaper housing so they can supplement retirement savings; and

(ii) first home buyers in search of more affordable housing in conjunction with reasonable probability of obtaining employment.

4. The recent history of the Queensland construction industry has been dominated by engineering construction in general, and mining investment in particular. The latter in turn has been dominated by mining investment. At its peak in 2013-14, the value of engineering construction work done reached $45.7 billion, or two-thirds of total Queensland construction activity. By 2015-16 and 2016-17, this contribution had declined to $18.5 billion. The overall fall in Queensland construction activity between 2013-14 and 2016-17 fell by $24 billion or 35%. In 2016-17 Queensland construction activity has troughed and over the next two years total activity is projected to expand by 16% before stabilising at around $52 billion for the years 2019-20 to 2021-22. In the context of rising interest rates and a weak national economy over this period this is a good outcome. Queensland construction will increase its share of national construction by 1 percentage point between 2016-17 and 2022-23. Between 2022-23 and 2026-27 the projection is for Queensland construction to expand by 10% with the share in national construction declining slowly.

In 2017-18, activity in Queensland construction is projected to expand by $4.0 billion, or a 9% increase over 2016-17 levels. There will be a zero contribution from non-residential building and a $0.5 billion contribution from housing. The bulk of the contribution, therefore, will come from engineering, from a contribution of both private and public sector additional expenditure.

In 2018-19, rising interest rates will force a downturn in the dwelling cycle with dwelling expenditure returning to 2016-17 levels. This is offset by an improvement in non-residential construction expenditure. Therefore, all of the 7% increase in expenditure over 2017-18 levels comes from further increases in engineering construction expenditure, in part due to new projects invested in over the current fiscal year.

Over the next three years expenditure stabilises with relatively small negative contributions from one or two sectors offset by falls in the other sector.

Between 2022-23 and 2026-27, the average annual increase in total construction expenditure is $831 million, or 1.6% of 2021-22 levels. This is dominated by average annual increases in dwelling expenditure of $600 million, or 72% of the total increase. The average annual increase in non-residential and engineering construction expenditure are both a little above $100 million a year. This outlook is dominated by the projected ability of the Queensland economy to maintain relatively high population growth rates.

In 2016-17, employment in the Queensland construction industry reached 219,600, which compares with a peak employment level of 240,000 in the 2008-09 year and 228,000 over the 2013 and 2014 fiscal years. With the return to positive growth in construction activity, employment is projected to steadily expand, reaching 227,000 in 2020-21.

5. With the return of the drivers of Queensland construction activity relying on broad-based economic and population growth is not surprising that over the projection period the bulk of



iv

the growth in construction activity by Queensland regions is dominated by the South East Queensland regions. Over the 2020 to 2027 period the average annual increase in Queensland construction activity expenditure is $561 million. However on average $234 million of this expenditure increase is contributed from the Brisbane region while $211 million of the expenditure is contributed to by the Gold Coast region. The contribution of the Sunshine Coast is $119 million. That is these three regions explain most of the increase in construction activity.

Figure E.1: Australian GDP and Queensland GSP



v

Table E.1 Australia and Queensland gross product and construction activity indicators

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

Average 2020-2027

Gross product

Australia (2014-15 =100) 95.3 97.7 100.0 102.9 105.8 108.7 111.0 122.0

Queensland (2014-15 =100) 96.2 98.9 100.0 102.8 107.7 111.3 114.4 128.4

Dwelling expenditure

Australia (2014-15 =100) 88.5 92.7 100.0 110.6 114.5 114.3 111.2 113.1

Queensland (2014-15 =100) 86.5 91.7 100.0 113.7 115.1 118.2 114.4 121.0

Non-residential building expenditure

Australia (2014-15 =100) 94.6 99.6 100.0 99.1 94.4 94.4 99.7 96.3

Queensland (2014-15 =100) 106.1 111.3 100.0 101.8 94.9 95.0 107.1 113.2

Engineering construction

Australia (2014-15 =100) 121.1 118.1 100.0 85.1 72.3 76.9 77.3 85.0

Queensland (2014-15 =100) 140.0 150.7 100.0 60.6 61.1 72.6 83.2 83.8

Total construction expenditure

Australia (2014-15 =100) 105.0 105.9 100.0 96.6 91.2 93.3 93.2 97.1

Queensland (2014-15 =100) 118.9 127.1 100.0 82.6 82.4 89.8 96.1 99.3

Table E.2 Annual growth and % contribution to construction activity by major construction segment

2010-11

2011-12

2012-13

2013-14

2014- 15

2015- 16

2016- 17

2017- 18

2018- 19

Annual percentage rate of change (%)

Dwellings -8.3 -7.2 -8.8 5.9 9.1 13.7 1.3 2.7 -3.2

Total non-residential building 6.3 -9.6 -7.4 4.9 -10.2 1.8 -6.8 0.1 12.7

Total engineering construction 22.0 51.0 11.7 7.6 -33.7 -39.4 0.8 18.7 14.6

Total construction 7.2 20.9 3.9 6.9 -21.3 -17.4 -0.2 8.9 7.0

Contribution to total construction growth (%)

Dwellings -2.8 -1.9 -2.0 1.4 2.9 6.0 0.6 1.1 -1.2

Total non-residential building 1.1 -1.2 -0.8 0.5 -1.3 0.3 -1.0 0.0 1.8

Total engineering construction 10.8 31.2 7.7 5.0 -18.8 -16.1 0.3 8.4 7.1

Table E.3 Construction activity by Queensland region – 2014-15 = 100

2011- 12

2012- 13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

Average 2020-27

Brisbane 102 92 94 100 97 96 98 104 107

Gold Coast 83 79 90 100 104 111 108 114 129

Sunshine Coast 81 75 94 100 86 87 87 95 108

West Moreton 111 113 107 100 93 97 105 107 122

Wide Bay/Burnett 115 109 98 100 92 92 102 100 118

Darling Downs 89 94 97 100 78 72 93 83 68

South West 70 76 83 100 68 38 20 23 25

Fitzroy 202 234 269 100 36 40 43 48 56

Central West 37 47 59 100 38 27 73 98 149

Mackay 102 144 138 100 78 67 88 86 86

Northern 115 132 134 100 86 79 114 127 128

Far North 122 123 111 100 92 126 193 226 193

North West 133 178 169 100 66 56 84 159 87

Queensland 114 119 127 100 83 82 90 96 99



vi

Table E.4 Share of total construction activity by Queensland region (%)

2011- 12

2012- 13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

Average 2020-27

Brisbane 35.3 30.5 29.2 39.5 46.6 46.2 43.0 42.7 42.5

Gold Coast 7.4 6.8 7.3 10.3 12.9 13.8 12.3 12.2 13.3

Sunshine Coast 5.2 4.6 5.4 7.4 7.7 7.8 7.1 7.2 8.0

West Moreton 1.0 0.9 0.8 1.0 1.1 1.2 1.1 1.1 1.2

Wide Bay/Burnett 2.5 2.2 1.9 2.4 2.7 2.7 2.8 2.5 2.9

Darling Downs 4.7 4.7 4.6 6.0 5.6 5.2 6.2 5.2 4.1

South West 1.6 1.6 1.7 2.6 2.1 1.2 0.6 0.6 0.7

Fitzroy 28.4 31.7 34.0 16.1 7.0 7.8 7.8 8.1 9.0

Central West 0.3 0.4 0.4 0.9 0.4 0.3 0.8 0.9 1.4

Mackay 5.3 7.2 6.4 5.9 5.6 4.8 5.8 5.3 5.2

Northern 3.8 4.2 4.0 3.8 3.9 3.6 4.8 5.0 4.9

Far North 3.2 3.1 2.6 3.0 3.3 4.5 6.4 7.0 5.8

North West 1.5 1.9 1.7 1.3 1.0 0.9 1.2 2.1 1.1

Queensland 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0

Table E.5 Total construction – average annual growth rates by Queensland regions

1995-2015 2015-2020 2020-2027

Brisbane 3.8 0.5 1.4

Gold Coast 3.4 2.7 3.4

Sunshine Coast 4.0 -0.4 2.7

West Moreton 1.9 1.3 3.5

Wide Bay/Burnett 1.0 0.4 2.9

Darling Downs 6.8 -4.7 -1.4

South West 13.3 -24.7 1.5

Fitzroy 10.1 -13.4 1.5

Central West 8.6 19.4 -8.9

Mackay 7.2 -2.5 -2.1

Northern 3.2 5.0 0.4

Far North 0.2 13.7 2.8

North West 6.1 7.5 -11.1

Queensland 4.6 -0.9 1.2



vii

Table E.6 Drivers of construction growth by Queensland region 2015-2027 (average annual $ million change between span years)

2014-2019 2020-2027

Dwellings

Non-residential

con-struction

Engineer- ing

Total con-struction Dwellings

Non-residential

con-struction

Engineer- ing

Total con-struction

Brisbane 536.4 87.3 -201.2 422.5 41.8 7.9 184.3 234.0

Gold Coast 272.6 47.4 -55.2 264.8 92.5 22.1 96.2 210.8

Sunshine Coast 132.4 -63.6 -62.8 6.0 52.8 4.6 61.1 118.5

West Moreton 7.8 7.7 -15.8 -0.2 8.3 7.6 3.3 19.2

Wide Bay/Burnett 22.7 11.4 -29.5 4.6 10.9 -1.0 31.3 41.2

Darling Downs -12.7 26.9 -102.6 -88.4 7.7 -27.4 -29.7 -49.4

South West -6.6 -3.8 -155.2 -165.5 1.6 0.2 5.0 6.9

Fitzroy -113.8 -123.6 -3622.7 -3860.1 25.9 12.5 25.2 63.5

Central West -0.7 1.0 39.3 39.6 0.0 -0.6 19.0 18.4

Mackay -104.7 -49.1 -180.3 -334.1 29.3 11.2 -81.1 -40.6

Northern -17.1 -16.9 5.5 -28.5 28.7 11.8 -28.3 12.1

Far North 66.0 27.9 282.1 376.1 58.5 19.6 -68.2 9.9

North West -0.1 -11.3 -2.4 -13.8 0.6 1.2 -85.3 -83.5

Queensland 782.3 -58.6 -4100.7 -3376.9 358.5 69.7 132.9 561.0

Table E.7 Shortage of construction labour by Queensland region – number (shortage is denoted by +/surplus -)

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

Average 2020-27

Brisbane -7706 -11880 -8669 -4850 -8118 -12539 -13048 -8932 -15781

Gold Coast -418 -2248 -1045 -2395 -4077 -3207 -5250 -4219 -3891

Sunshine Coast -1782 -3113 -1603 -2103 -3721 -4324 -4710 -3763 -3375

West Moreton -655 -91 -284 -385 -673 -573 -318 -344 -189

Wide Bay/Burnett -1769 140 -713 -870 -1695 -1888 -1062 -1367 -385

Darling Downs -816 622 820 913 -1303 -2064 134 -1009 -2944

South West 115 60 -6 47 -132 -541 -771 -728 -681

Fitzroy 9297 3565 10803 3538 -3916 -491 -139 397 -324

Central West 42 32 -17 72 -206 -266 27 183 489

Mackay -3014 401 -107 -2728 -3505 -4716 -2439 -2798 -3557

Northern -2473 -1113 -1527 -5008 -6010 -6826 -3618 -2694 -3655

Far North 211 11 -1172 -2820 -4506 -1394 5095 8047 3627

North West 42 204 98 -456 -564 -647 -333 452 -335

Queensland -8927 -13409 -3423 -17042 -38426 -39478 -26432 -16775 -31001



viii

Table E.8 Queensland construction industry – real quarterly price growth at annual rates (%)

2016-17 Jun.

2017-18 Sep.

2017-18 Dec.

2017-18 Mar.

2017-18 Jun.

2018-19 Sep.

2018-19 Dec.

2018-19 Mar.

2018-19 Jun.

Average 2016-17

and 2018-19

Actual Forecast

Non-residential building 2.5 1.1 0.6 0.6 0.3 1.8 5.4 6.3 3.5 2.8

Residential building 0.7 0.9 0.1 0.1 0.3 0.2 0.8 1.1 1.0 1.1

Engineering construction 1.4 1.8 1.9 3.4 4.4 5.0 3.9 2.5 1.3 2.8

Total construction 1.3 1.2 0.7 1.2 1.5 2.0 2.6 2.5 1.6 1.9



1 1

1. Introduction

This study has the following objectives:

(i) to undertake an historical analysis of Queensland regional construction activity to 2017;

(ii) to project Queensland regional construction activity to 2027; and

(iii) to analyse both historically and to project the capacity of Queensland regions to meet construction demands.

The Queensland regional analysis is undertaken at the Australian Bureau of Statistics’ Statistical Division level.

Section 2 overviews the World, Australian and Queensland economies over the projection period. Section 3 analyses the construction sector from the Queensland and Queensland regions’ perspective.

Section 4 analyses capacity utilisation and cost pressures in the Queensland construction sector as well as by region.

There are two very important points to remember when reading the text. There are no nominal values used in the study. All dollar million or dollar billion values referred to are in constant prices or technically chain volume measure (CVM) prices which in this report is the prices of the 2014-15 fiscal year. Also in terms of the domestic economy the calendar years are not in general referred to unless otherwise explicitly noted. That is all years are fiscal years so 2017 would refer to the 2016-17 fiscal year. The exception is for the world economy section where all years referred to are calendar years.



2 2

2. The economic outlook for the world, Australia and Queensland

This chapter is divided into three segments. Each segment considers the macroeconomic environment for the world, Australia and Queensland.

2.1 The world economy

As of the middle of 2017, the world economy appears to be growing by around 3.2% per annum. This represents an increase from the 2.8% growth rate that prevailed a year earlier. The immediate short-term outlook is a further acceleration in the growth rate.

In 2016, the United States growth rate grew by 1.6 per cent. The expected outcome for 2017 is a growth rate of 2.1% and this growth rate being maintained in 2018. However, the main feature driving an increase in the growth rate of the world economy is the long expected, albeit relatively slow, recovery of the European nations. German economic growth is expected to be a little under 2% per annum for the 2017 to 2019 period, France at 1.5%, and Spain between 3% and 4%. Even Italy, given its stagnation over the last few years, is expected to grow by an average of 1% per annum.

Asia is expected to maintain its 5% growth rate of the past five years over the next three years.

Overall, the recovery in the United States and European economies is expected to maintain a 3.3% world growth rate over the next three years.

However, there are barriers and risks which could undermine the short-term outlook and, at best, produce a subdued 2020 decade. Each are considered in turn.

2.1.1 An unstable United States Administration

The first seven months of the Trump Administration have proved less successful than even early critics of the Administration would have expected. Its approval ratings are low, at around 35%, although the approval ratings for registered republican voters remain high at just under 80%.

The critical date for the Administration is November 2018 when the mid-term elections are due and the Republican Party could lose its majority in the Lower House. There is a high risk that the Administration will take action to regain the support of the House that was important in the Administration’s election. In particular:

(i) fiscal expansion involving significant, albeit temporary, tax cuts and some infrastructure expenditure expansion; and

(ii) protection measures against imports from China and Mexico in particular which would trigger retaliation measures with adverse impacts on world trade and commodity prices.

These actions would be negatives because of other risks facing the world economy.



3 3

2.1.2 The rise in world interest rates

The recovery in the world economy will force world interest rates to increase. The expectation is that world interest rates, represented by the average of United Kingdom, Japan and United States interest rates, will increase by 2 percentage points over the next two to three years. This represents a modest increase compared to historical benchmarks. This is a natural consequence of the United States and Europe ending quantitative easing policies.

The reason low world interest rates of recent times are unprecedented in history since the mid-17th century. So too has been the build-up in excess liquidity in the economy as represented by holdings by Central Banks as bonds. The excess reserves of the United States banking system have the potential to create $20 trillion of credit, which is greater than the total United States economy. This means that interest rates have to rise to start the process of mopping up the excess credit.

The problem is that bond prices are high and indeed the latest estimates are that there are $9 trillion worth of bonds where the buyers bought at negative interest rates since interest rates will increase the capital loss on these bonds and indeed bonds generally. If this produces a herd or panic exit from bonds then world interest rates will rise further.

In this context a Trump Administration expansion of the fiscal deficit would further increase the upward pressure on interest rates.

If interest rates were to rise between 2.5 and 4.0 percentage points it would trigger a second GFC with similar, though not perhaps severe, consequences for world growth. Perhaps a couple of years of world growth at around 1% with Asia relatively unaffected.

2.1.3 China versus the United States

The arithmetic of the rivalry between the United States and China is confronting. In 2014 China passed the United States in GDP when measured in purchasing power parity (PPP) terms. By 2030, at current growth rate differentials of 4% to 5% per annum will result in China being at least 80% greater in GDP terms and with a similar defence expenditure share, as the United States will have established clear hegemony status in the Western Pacific.

China has a highly efficient industrial policy targeted at China becoming increasingly the most competitive supplier in a wide range of industries. China works out the resources required to establish best practice competitiveness for an industry then mobilises the resources of the State to achieve success. The United States does not have the political or economic culture to compete against this industrial development model. In order to try and slow down China’s development for international geo-strategic reasons, as well as domestic political reasons, there is a high possibility that a trade war between the United States and China will break out.

China no doubt has anticipated such an outcome. Its ‘one belt-one road’ strategy is to integrate an increasing list of countries with the China economy so that it will have the capacity to secure other sources of demand in the event of a loss of markets.

Such an outcome could increasingly isolate the Chinese economic sphere from the rest of the world economy with downward pressure on world commodity prices and reduced opportunities for access to Chinese markets by developed economies, including Australia.



4 4

2.1.4 The conclusion

There are little grounds for assuming that the world economy will accelerate further towards the levels that prevailed before the GFC. That is, growth rates over 4%. Indeed, the expectation is that the expected growth over 2017 to 2020 may be as good as it will get with growth falling back to below 3% for much of the remainder of the projection period. This is what has been adopted here. This profile assumes that the negative factors outlined above are contained so that a world recession does not eventuate.

Figure 2.1: World GDP growth rate (%)

2.2 The Australian economic outlook

Before analysing the aggregate economic outcomes it is useful to first analyse the barriers that will be operating to constrain economic activity.

2.2.1 Interest rates

From Table 2.4 the 90 Day bill rate fell from 4.9% in 2010-11 to an average of 1.8% in 2016-17. Interest rates are assumed to remain at this level over 2017-18. However interest rates are expected to start to rise in the second half of 2018 and rise by a full percentage point over 2018-19. Interest rates peak at 3.7% for the 90 Day bill rate in the third quarter of 2020. Although, as will be seen below, this is a period when economic growth falls to just above 1% per annum with the current account deficit



5 5

returning to between 6% and 8% of GDP, the policy authorities have no option but to set rates at least at, and probably above, world interest rates in order to prevent the sharp falls in the exchange rate.

It will only be when the current account deficit trends downwards over the second half of 2022 that the policy authorities will have the capacity to reduce rates. In line with the improvement in the current account deficit, as a percentage of GDP, the 90 Day bill rate is reduced from 3.7% in early 2022 to 2.5% by mid-2023.

After the middle of 2024 interest rates will increase in line with the acceleration in economic growth. By the end of 2025 interest rates return to near 3.5% and maintain a rate at this level for the rest of the period.

2.2.2 Household savings and debt

From Table 2.3 the ratio of household debt to household disposable income has increased rapidly over the last three years. Each year the rate has increased by 6 to 7 percentage points. As a result, the household debt ratio has increased from 180% in 2013-14 to 200% in 2016-17. This level is amongst the highest in the world. Over the next three years the rate of increase halves with the total debt to income ratio reached 2012% by 2020.

In order to reduce the rate of increase in the household debt to income ratio, the following will have to occur:

(i) the household savings ratio will have to increase, or at least not fall from current levels;

(ii) the dwelling cycle will have to turn down, or at least activity becomes stagnant; and

(iii) established dwelling prices will have to stabilise, or at least slow their rate of increase.

All of these elements occur over the next three to four years.

The reduction in interest rates and the rise in house prices resulted in the household net worth to income ratio increasing from 6.9 in 2015-16 to 7.4 in 2016-17. This increase in wealth had a positive impact on consumption and induced households in 2016-17 to reduce the household savings ratio.

The net result is that when the interest rates begin to increase, households will have little scope to offset the increase in interest costs and support consumption by further reductions in the household savings ratio.

From Table 2.3, in 2018-19 household interest paid between 2017-18 and 2020-21 increases by 50% with little change in the household savings ratio. The inevitable result will be a decline in household consumption expenditures. Before the interest rate increases, that is in 2017-18, national private consumption expenditure growth is projected to be just over 3%. Once the interest rates increase, private consumption expenditure falls to 1.2% growth in 2018-19 and 2% per annum for much of the 2020 decade. This compares with a 3.5% per annum growth rate in private consumption expenditure over the first decade of this century.

The decline in the contribution of consumption expenditure to economic growth is a direct consequence of the fact that from saturation the era of debt driven consumption growth has largely ended.



6 6

2.2.3 The manufacturing sector

From Table 2.5, between 2012-13 and 2017-18 manufacturing capacity installed is estimated to have fallen by a total of 20%. This is a combination of two factors, namely:

(i) the shedding of capacity, particularly in processed metals and motor vehicles; and

(ii) the level of investment in the manufacturing industry being less than the replacement rate.

The depreciation rate in the manufacturing sector is around 8%. From Table 2.5, over the first decade of this century, the average investment rate was 12%, implying an expansion in the capital stock of between 3% and 4% per annum. Unfortunately, with the occurrence of the high exchange rate regime over the 2013 to 2015 period, the incentive to invest in manufacturing rapidly fell. As a result, the investment rate fell below the 8% benchmark. That is, the underlying capital stock and capacity installed contracted. It is only in 2017-18 that, with the return of the exchange rate to more competitive levels that the manufacturing capital stock is expected to expand, albeit marginally at around 1%.

The lower exchange rate regime of the 2020 decade will ensure a manufacturing capital stock expansion rate of between 2% and 3% and a rate of growth of manufacturing capacity installed of 1.3%.

However, the decline in manufacturing capacity installed over the 2013 to 2018 period is considerable and will impose lasting long-term structural damage on the economy.

2.2.4 The balance of payments and the current account deficit

The main impact of the structural damage imposed on the economy by the decline in manufacturing capacity will be on the balance of payments and the current account deficit in particular. What the degrading of manufacturing capacity means is that for every dollar increase in goods demand, whether it be for motor vehicles, equipment, investment, clothing, etc., a large share, around 70% to 80%, will simply be replicated in an increase in imports. In other words, the domestic drivers of economic growth will weaken considerably for the 2020 decade compared to the 2000 decade.

The impact of this can be seen from Table 2.4. The current account deficit is projected to deteriorate significantly over the next few years and by 2021 reaching between 6% and 7% of GDP.

The decline in manufacturing capacity of course is only one factor contributing to this outcome. Another major factor is the terms of trade. The Commodity Price Index profile in Table 2.4 assumes that, for example, the current elevated price of iron ore is not sustained and will return to the US$50 to US$60 per tonne trading rage for much of the projection period. Over the projection period the terms of trade declines from current levels to 2022 then increases, regaining current levels by 2028.

The final main factor leading to an increase in the current account deficit is the rise in world interest rates. From Table 2.4, the rise in world interest rate results in net income paid overseas increasing from $41.5 billion in 2017 to $101.3 billion by 2021. That is, more than doubling. For every 1 percentage point increase in world interest rates given the Australian high gross and net foreign debt results in a rise in the current account deficit as a percentage of GDP of between 0.6 and 0.9 percentage points.

Given the higher current account deficit by 2021, the exchange rate can be expected to fall to lower levels. The projected outcome is in the high 60 cents range, but falls to the mid and low 60 cents range for the $A/$US exchange rate cannot be ruled out.



7 7

2.2.5 Inflation and wages

The relatively weak economic profile and reduced labour market conditions will ensure that inflation and wages growth will remain subdued. The inflation rate remains at slightly above 2% per annum for much of the projection period. Real wages growth is in line with slow, by historical standards, growth in productivity as measured by GDP per hour worked.

The subdued world and domestic economic outlook implies relatively low risk of inflationary shock from economic factors. The main risks to a return to high inflation would come from:

(i) geo-political risk, such as in war, elevating commodity prices in oil in particular well above current levels; and

(ii) a sharp decline in the Australian exchange rate to the 50 to 60 cents range.

2.2.6 Population and immigration

Net immigration is determined by the need to maintain the unemployment rate at around current levels, which in turn depends on employment growth. Employment growth is elevated compared to the underlying labour market fundamentals because of a steady decline in the average hours worked per employed person. After 2019-20 the average employment growth is 1.2% per annum.

In the short-term, that is, to 2020-21, the net migration intake slowly declines from 200,000 to 170,000. However, by 2020 net immigration has recovered to 200,000 and by 2028 it is projected to be 232,000.

2.2.7 The public sector borrowing constraint

The policy objectives of reducing government borrowing from consumption expenditure to near zero is likely to result in relatively low rates of growth of government consumption expenditure over the 2019 to 2022 period, at which time of course it would be most needed to stimulate the economy.

Currently the growth in government consumption expenditure is running at between 3% and 4% per annum. However, for the 2020 to 2021 period this falls to an average growth rate of 1.2% per annum.

2.2.8 Gross Domestic Product (GDP) growth

Given the above, it is not surprising that the projected GDP growth is relatively weak by historical standards. From Table 2.2(a) an economic growth rate of around 3% is expected for the next two years, with the GDP growth rate then falling to 1.7% in 2019-20 and then averages 1% per annum for the following two years. From 2022-23, recovery in growth occurs to around the 2% per annum mark which is maintained for the remainder of the projection period.

Why is growth maintained at 3% for the next two years? From Table 2.2(b), the main reason is the recovery of public sector investment and the return to a positive contribution of private investment to economic growth. In 2015-16, private sector investment subtracted -1.4% from GDP growth and a further -0.8 percentage points in 2016-17.



8 8

The return to a 0.7 percentage point contribution to GDP growth from private investment (albeit driven in part by PPP public sector projects) and the increase in public sector investment expenditure results in a change in the contribution of investment to GDP growth compared to 2016-17 of 1.6 percentage points.

The tail end of the mining boom results in exports contributing, on average, 1.5 percentage points per annum to the GDP growth rate over 2017-18 and 2018-19.

Post 2018-19, the downturn in the dwelling cycle means that this sector will make a negative contribution to GDP growth, while the contribution of private consumption expenditure, for reasons outlined above, falls from a 1.4 percentage point contribution in 2016-17 to a 0.6 percentage point contribution in 2020-21. Over the 2020 decade the average contribution of private consumption to GDP growth is 1 percentage point or half its contribution of the 2000 decade.

Given the weakness of the manufacturing sector, it follows that the projected contribution of the negative contribution of imports to economic growth will near historical levels despite the lower growth in final demand.

Figure 2.2: Australia – Real GDP growth rate (%)

Queensland region construction supply and demand analysis: 1995-2027 and quarterly indicators to June 2019 – June Annual Report 2017 9

Table 2.1 Australian economy: Population and labour market

2000-2005

2005-2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

2021-2028

Total population Annual growth rates Per cent 1.2 1.8 1.4 1.7 1.8 1.6 1.5 1.5 1.5 1.5 1.5 1.4 1.4 1.4

Net foreign arrivals Annual level Ths. 115.7 230.5 180.4 229.4 227.1 186.4 178.6 183.6 202.1 198.8 186.8 175.2 171.4 202.5

Population 18 and over Annual growth rates Per cent 1.5 2.0 1.6 1.8 1.9 1.7 1.6 1.6 1.5 1.5 1.4 1.3 1.3 1.4

Total hours worked Annual growth rates Per cent 1.4 1.8 2.8 1.5 0.3 0.6 1.0 1.7 0.8 1.9 1.4 1.2 1.1 0.8

Average hours worked per working age population per week

Annual level Ths. 21.0 21.4 21.2 21.2 20.8 20.6 20.5 20.5 20.4 20.4 20.4 20.4 20.4 19.9

Total employment Annual growth rates Per cent 2.0 2.3 2.4 1.2 1.2 0.5 1.2 2.2 1.3 2.2 1.6 1.5 1.4 1.2

Total employed per working age population

Annual growth rates Per cent 0.6 0.3 0.8 -0.6 -0.7 -1.1 -0.5 0.5 -0.2 0.7 0.2 0.1 0.0 -0.2

Total workforce Annual growth rates Per cent 1.7 2.4 1.9 1.3 1.5 1.0 1.5 2.0 1.0 1.9 1.6 1.4 1.3 1.3

Number unemployed Annual level Ths. 597.9 532.0 590.6 614.0 655.2 710.7 762.4 750.6 727.2 705.5 704.4 705.2 710.0 771.1

Unemployment rate Annual level Per cent 6.1 4.8 5.0 5.2 5.4 5.8 6.2 6.0 5.7 5.4 5.3 5.3 5.2 5.4

Participation rate Annual level Per cent 63.4 65.1 65.5 65.3 65.1 64.7 64.7 65.0 64.7 64.9 65.0 65.0 65.0 64.8


Table 2.2(a) Australian economy: Formation of real GDP – Demand side – average annual growth

2000-2005

2005-2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

2021-2028

Total private consumption expenditure

Annual growth rates Per cent 4.1 3.0 3.8 2.6 1.5 2.7 2.6 2.9 2.4 2.0 1.6 1.9 1.0 1.9

Total government consumption expenditure


Dwelling investment expenditure Annual growth rates Per cent 2.4 -0.2 3.9 -6.0 -1.1 4.8 7.9 10.5 1.5 0.4 -1.3 -2.0 -3.5 0.9

Total private business investment

Annual growth rates Per cent 7.7 7.0 9.0 23.4 4.5 -3.6 -6.6 -10.6 -6.2 5.5 4.1 0.6 -2.9 1.1

Total public business investment Annual growth rates Per cent 5.8 10.7 -3.6 -2.7 0.1 -4.0 -5.3 3.5 17.2 14.1 2.9 2.8 1.9 4.0

Total transfer expenditure Annual growth rates Per cent -1.0 -0.9 -15.3 0.1 6.5 16.6 9.8 1.5 0.4 4.3 -1.9 -3.1 -6.2 1.7

Total domestic demand Annual growth rates Per cent 4.1 3.6 3.7 5.0 1.7 1.3 1.1 1.4 2.1 3.8 1.8 1.4 0.2 1.8

Total export of goods and services


Total imports of goods and services

Annual growth rates Per cent 6.8 5.0 5.0 8.2 -0.7 -0.1 1.6 2.0 4.9 7.0 4.3 3.3 1.4 3.5

Stock change and other (including CMV impact)

Annual growth rates Per cent -0.1 -16.9 -59.8 -176.8 154.8 -3.1 -34.0 -94.3 978.2 -0.5 28.3 -80.3 -1186.7 16.4

GDP Annual growth rates Per cent 3.2 2.9 2.4 3.6 2.4 2.5 2.2 2.7 2.0 3.1 2.9 1.7 1.1 2.1

Farm and mining products Annual growth rates Per cent 2.2 3.8 2.6 5.5 6.2 7.1 5.8 2.5 5.8 3.1 8.4 3.2 1.3 3.2

Non-primary products Annual growth rates Per cent 3.3 2.8 2.4 3.5 2.1 2.1 1.9 2.8 1.7 3.1 2.4 1.5 1.0 1.9

GDP at factor cost Annual growth rates Per cent 6.8 7.3 9.0 6.0 1.8 3.8 1.7 2.4 6.1 4.1 5.2 4.4 4.1 4.7

Indirect taxes etc. Annual growth rates Per cent 7.4 4.8 6.4 2.5 7.1 6.0 1.1 6.0 2.0 3.5 5.5 4.8 4.3 4.7

GDP at market prices Annual growth rates Per cent 6.9 7.1 8.7 5.7 2.3 4.0 1.6 2.7 5.7 4.0 5.3 4.4 4.1 4.7

Productivity – GDP per hour worked

Annual growth rates $cvm billion 1.9 1.1 -0.4 2.1 2.1 1.9 1.2 1.0 1.2 1.2 1.5 0.4 0.0 1.3


Table 2.2(b) Australian economy: Formation of real GDP – Demand side – percentage point contribution to GDP growth

2000-2005

2005-2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

2021-2028

Total private consumption expenditure

Percentage point Per cent 2.2 1.7 2.2 1.5 0.9 1.5 1.5 1.6 1.4 1.1 0.9 1.0 0.6 1.0

Total government consumption expenditure


Dwelling investment expenditure Percentage point Per cent 0.1 0.0 0.2 -0.3 -0.1 0.2 0.4 0.6 0.1 0.0 -0.1 -0.1 -0.2 0.0

Total private business investment

Percentage point Per cent 0.7 1.0 1.3 4.1 0.8 -0.6 -1.0 -1.4 -0.8 0.7 0.5 0.1 -0.3 0.1

Total public business investment Percentage point Per cent 0.2 0.5 -0.2 -0.1 0.0 -0.2 -0.2 0.2 0.9 0.9 0.2 0.2 0.1 0.3

Total transfer expenditure Percentage point Per cent 0.0 0.0 -0.2 0.0 0.1 0.3 0.2 0.0 0.0 0.1 0.0 0.0 -0.1 0.0

Total domestic demand Percentage point Per cent 3.9 3.7 3.8 5.2 1.8 1.4 1.1 1.4 2.1 3.2 1.8 1.4 0.2 1.8

Total export of goods and services


Total imports of goods and services

Percentage point Per cent -1.1 -1.0 -1.0 -1.8 0.1 0.0 -0.3 -0.4 -1.0 -1.5 -0.9 -0.7 -0.3 -0.8

Stock change and other (including cmv impact)

Percentage point Per cent 0.0 -0.3 -0.2 0.5 -1.0 0.0 0.1 0.0 -2.3 0.0 -0.1 0.0 -7.0 0.2

GDP Percentage point Per cent 3.2 2.9 2.4 3.6 2.4 2.5 2.2 2.7 2.0 3.1 2.9 1.7 1.1 2.1

Farm and mining products Percentage point Per cent 0.2 0.3 0.2 0.4 0.5 0.6 0.5 0.2 0.5 0.3 0.8 0.3 0.1 0.3

Non-primary product Percentage point Per cent 3.1 2.6 2.2 3.2 1.9 1.9 1.7 2.5 1.5 2.8 2.1 1.4 0.9 1.7

GDP at factor cost Percentage point Per cent 4.2 5.7 7.8 5.4 1.6 3.4 1.5 2.1 5.7 3.8 5.0 4.3 4.1 5.3


Table 2.3 Australian economy: Household income, expenditure and debt indicators

2000-2005

2005-2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

2021-2028

Wage and non-farm mixed income

Annual growth rates $ billion 7.0 6.6 8.4 6.3 2.9 3.9 3.2 3.6 3.8 6.4 4.6 4.8 3.8 4.3

Farm income Annual growth rates $ billion 4.9 0.8 14.5 7.6 2.6 -2.8 11.5 6.0 24.8 0.8 -10.8 7.8 5.0 4.5

Cash benefits Annual growth rates $ billion 8.0 5.6 6.5 6.0 4.2 6.9 2.6 2.1 -1.2 3.9 6.7 6.3 6.4 6.8

Property income Annual growth rates $ billion 8.8 10.1 13.4 3.4 -1.7 3.6 3.8 3.3 4.6 6.8 6.2 6.1 5.9 5.2

Other household income Annual growth rates $ billion 5.9 9.8 3.1 8.2 3.0 6.1 6.8 2.2 -2.3 2.2 -1.0 6.5 6.5 4.7

Total household receipts Annual growth rates $ billion 7.1 7.2 8.1 6.2 2.5 4.4 3.8 3.3 2.9 5.5 4.0 5.4 4.7 4.7

Taxes paid Annual growth rates $ billion 5.2 2.5 9.3 11.0 5.6 3.8 8.2 4.7 4.7 6.1 4.5 5.1 4.1 4.5

Interest paid Annual growth rates $ billion 13.3 10.4 19.3 2.2 -12.1 -8.4 -1.1 3.7 1.9 2.8 11.0 20.9 17.1 4.6

Other household payments Annual growth rates $ billion 7.6 7.9 6.0 9.0 6.6 2.9 4.2 3.9 8.5 26.9 1.0 16.4 12.3 6.5

Total household disposable income


Household savings ratio Annual growth rates $ billion 1.9 9.7 5.4 2.2 -5.4 2.1 -3.2 -6.5 -7.2 -0.7 -0.6 -3.3 -1.6 3.2

Household consumption expenditure


Real household disposable income

Annual growth rates $cvm billion 4.3 4.5 5.0 3.0 0.4 3.1 1.9 1.6 1.1 1.9 1.5 1.3 0.7 2.4

CPI Annual growth rates Index 3.3 3.0 3.1 2.3 2.3 2.7 1.7 1.4 1.2 2.6 2.2 2.2 2.4 2.2

Implicit consumption deflator Annual growth rates Index 2.6 3.0 2.1 2.5 2.7 2.4 1.5 1.4 1.2 2.2 2.1 2.1 2.3 2.1

$ per hour wage and mixed income

Annual growth rates $ 5.6 4.7 5.5 4.7 2.5 3.3 2.2 2.8 2.5 2.2 2.5 2.6 2.8 3.4

Average weekly earnings Annual growth rates $ 5.0 4.5 4.3 4.6 4.6 2.9 1.9 2.9 2.5 2.2 2.3 2.3 2.2 2.7

Household debt to income ratio – % annual rates

Annual level $ 143.4 176.9 181.3 179.9 179.6 179.9 186.4 193.6 200.2 201.7 208.7 211.6 214.8 210.8

Household net worth to household disposable income – ratio

Annual level $ 5.5 6.3 6.0 5.6 5.9 6.2 6.6 6.9 7.4 7.6 7.9 7.9 7.9 8.2


Table 2.4 Australian economy: Commodity prices, terms of trade and the balance of payments

2000-2005

2005-2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

2021-2028

Index of Commodity Prices: Rural Component: $US

Annual level Index 630.6 927.0 1361.0 1297.1 1284.8 1208.2 1141.3 1000.0 1028.3 1037.0 997.4 963.8 935.0 1023.9

Index of Commodity Prices: Non-Rural Component: $US

Annual level Index 564.8 1416.6

2273.2 2394.1 1993.7 1811.2 1324.6 1000.0 1336.0 1252.5 1148.9 1114.7 1125.1 1212.5

Index of Commodity Prices: TOTAL: $US


2119.7 2209.1 1878.5 1713.4 1295.7 1000.0 1287.5 1219.4 1126.7 1092.4 1096.1 1184.1

Index of Commodity Prices: Rural Component: $A


Index of Commodity Prices: Non-Rural Component: $A


1670.6 1689.9 1414.6 1437.6 1150.0 1000.0 1290.8 1190.5 1138.9 1151.5 1201.4 1369.5

Index of Commodity Prices: TOTAL: $A


1557.3 1559.2 1332.8 1359.8 1125.6 1000.0 1243.9 1159.1 1116.8 1128.5 1170.4 1337.4

Terms of trade Annual level Index 0.7 1.0 1.3 1.3 1.2 1.1 1.0 0.9 1.0 1.0 0.9 0.9 0.9 0.9

Balance of trade Annual level $ billion -12.9 -15.5 14.2 -3.0 -18.9 -7.0 -23.0 -32.5 9.3 -16.5 -21.4 -40.1 -46.2 -6.9

Net income paid overseas Annual level $ billion -23.1 -46.5 -58.2 -46.8 -38.3 -39.8 -35.9 -41.2 -41.5 -53.5 -65.7 -84.2 -101.3 -123.4

Current account balance Annual level $ billion -35.9 -62.0 -44.0 -49.8 -57.2 -46.8 -58.8 -73.8 -32.2 -70.0 -87.2 -124.3 -147.5 -130.3

Current account balance – % of GDP

Annual level $ billion -4.5 -5.4 -3.1 -3.3 -3.8 -3.0 -3.6 -4.5 -1.9 -3.8 -4.5 -6.2 -7.1 -5.2

International debt – % of GDP

Annual level Per cent 41.7 49.4 46.8 49.0 50.9 54.5 58.8 61.9 59.2 58.1 60.2 64.1 67.8 70.3

90 day rate Annual level Per cent 5.3 5.6 4.9 4.4 3.2 2.6 2.5 2.2 1.8 1.8 2.5 3.2 3.7 3.2

10 year bond rate Annual level Per cent 5.8 5.6 5.4 4.0 3.3 4.0 3.0 2.6 2.4 2.5 3.1 3.8 4.4 3.8

Oil price Annual growth rates

$US/barrel 29.9 72.4 92.7 105.4 102.3 105.5 71.8 42.2 50.3 54.3 60.8 66.2 68.9 68.5

World GDP Annual growth rates

$cvm trillion 3.7 3.6 4.4 3.2 2.5 2.9 3.0 2.7 3.0 3.3 3.2 2.8 2.7 2.7

$A/$US exchange rate Annual level $ 0.6 0.8 1.0 1.0 1.0 0.9 0.8 0.7 0.8 0.8 0.7 0.7 0.7 0.7

Trade weighted exchange rate



Table 2.5 Australian economy: Formation of real GDP – Supply side – average annual growth

2000-2005

2005-2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

2021-2028

Agriculture Annual growth rates

$cvm billion 2.0 1.7 3.6 1.4 -0.6 0.7 0.8 -6.4 15.5 -20.4 9.6 6.2 4.5 2.9

Mining Annual growth rates

$cvm billion 2.3 4.9 2.2 7.5 9.3 9.7 7.7 5.7 2.8 11.5 8.0 2.4 0.5 3.3

Manufacturing Annual growth rates

$cvm billion 1.8 0.1 -0.2 0.7 -3.3 -1.5 -1.5 -2.8 -1.3 0.5 -1.3 -0.9 -0.6 1.0

Construction Annual growth rates

$cvm billion 4.7 5.1 2.9 10.2 2.8 4.5 -1.8 2.9 -1.5 12.3 0.8 -0.6 -0.8 2.0

Distribution Annual growth rates

$cvm billion 4.3 2.8 1.4 4.5 3.4 -0.2 1.6 1.6 3.4 3.4 2.2 1.3 0.0 1.8

Finance Annual growth rates

$cvm billion 4.7 5.1 2.4 2.6 3.2 4.7 3.8 4.2 4.1 2.6 2.4 2.3 1.8 1.2

Business services Annual growth rates

$cvm billion 3.0 2.3 3.7 2.9 1.4 1.8 2.1 3.1 1.6 1.5 3.4 1.9 1.5 2.0

Community services Annual growth rates

$cvm billion 3.3 3.8 2.2 2.6 2.9 3.7 4.1 3.1 3.8 4.0 2.8 2.5 1.9 3.1

Ownership of dwellings Annual growth rates

$cvm billion 2.9 2.1 1.3 1.4 2.0 2.4 2.3 2.3 2.2 2.3 2.2 2.1 1.9 1.4

Indirect taxes and other Annual growth rates

$cvm billion 2.7 2.1 2.6 4.8 5.2 2.1 3.1 7.0 -2.4 1.4 2.9 1.7 1.0 2.2

GDP Annual growth rates

$cvm billion 3.2 2.9 2.4 3.6 2.4 2.5 2.2 2.7 2.0 3.1 2.9 1.7 1.1 2.1

Manufacturing capacity output

Annual growth rates

$cvm billion 1.4 0.7 -0.2 3.2 -1.9 -2.3 -1.9 -4.7 -3.8 -5.0 -0.6 0.1 0.3 1.3

Manufacturing investment to capital stock ratio

Level Per cent 11.8 12.2 10.1 10.8 7.8 7.4 7.0 6.6 7.1 9.6 9.7 10.0 10.4 10.9



15 15 15

Table 2.6 World economic activity – GDP growth rates by selected countries (%) calendar year

Average annual GDP

growth 2005–2015 2016 2017 2018 2019 2020 2021 2022

China 8.6 6.6 6.2 5.7 6.5 6.1 5.4 4.7

France 0.6 1.3 1.4 1.5 1.4 1.4 1.6 1.6

Germany 1.2 1.6 1.8 1.6 2.0 2.1 1.9 1.8

India 7.2 7.6 6.7 6.8 6.2 5.7 5.6 5.1

Japan 0.8 0.5 1.3 1.0 0.8 0.8 0.7 0.7

United Kingdom 1.0 1.6 1.4 1.1 1.0 0.9 0.6 0.7

United States 1.6 1.5 2.1 2.1 2.3 1.6 1.3 1.3

Total world 3.3 3.0 3.3 3.2 3.3 3.2 2.9 2.7

2.3 The Queensland economic outlook

The indications for Queensland’s economic outlook are included in Table 2.7 to Table 2.9. The large recent negative contribution of private business investment to Queensland GSP is clearly evident form the tables, as is the projected return to a positive contribution.

On average over the 2018 to 2027 period, the recovery in construction expenditure will add 0.31 percentage points to Queensland GSP growth and, therefore, can explain 14% of the overall Queensland GSP growth rate. This would increase to 20% once multiplier effects are allowed for. Manufacturing growth will contribute 0.19 percentage points to the overall growth and, therefore, explain 9% of total growth. The mining sector’s contribution is similar.

The combined contribution of the business and community (health) services sectors to total Queensland GSP growth is 35%.

Perhaps the most striking aspect from the tables is the low per capita GSP growth rate compared to historical benchmarks over the projection period, that is, a modest 0.5% per annum. This reflects the barriers facing the world and national economies and the negative consequences of an ageing population.


Table 2.7(a) Demand side formation of Queensland Gross State Product

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Annual growth – $CVM m (%)

Private consumption expenditure 3.6 3.4 2.0 2.7 2.4 2.6 3.4 2.1 2.2 2.9 2.7 2.0 2.4 2.7 2.7 2.7 2.9

Government expenditure 5.0 4.1 -0.1 0.4 2.8 4.9 1.4 0.8 0.9 1.3 1.7 2.0 2.1 1.8 2.0 1.8 1.8

Dwelling investment -9.4 -5.0 -8.4 5.6 9.3 14.2 1.3 2.7 -3.2 -1.1 -2.8 4.7 2.4 1.7 6.5 3.1 -0.8

Private investment 22.2 41.1 5.3 -1.6 -21.6 -23.4 -16.6 -1.1 10.8 -4.3 4.3 3.5 3.7 -2.0 -0.5 8.2 1.1

Public investment -7.3 -3.3 -6.8 -1.0 -13.9 -7.0 1.0 5.9 6.1 2.5 5.3 6.0 3.6 1.6 4.7 0.9 8.2

Total state final demand 4.4 8.9 1.3 1.4 -3.1 -1.3 1.2 1.2 2.4 1.3 2.5 2.2 2.6 2.0 2.3 3.1 3.0

Net trade and stocks – percentage point contribution -3.9 -3.7 0.9 1.7 4.5 3.3 1.3 1.0 -0.2 0.8 -0.1 0.2 -0.2 0.0 -0.1 -0.8 -0.9

Gross State Product 0.7 6.0 2.4 3.3 1.2 2.0 2.5 2.3 2.2 2.1 2.4 2.4 2.3 2.0 2.1 2.3 2.0

Percentage point contribution to Queensland GSP growth

Private consumption expenditure 2.1 2.0 1.1 1.6 1.4 1.5 2.0 1.2 1.3 1.7 1.6 1.2 1.4 1.6 1.6 1.6 1.8

Government expenditure 0.8 0.7 0.0 0.1 0.5 0.8 0.2 0.1 0.2 0.2 0.3 0.3 0.4 0.3 0.3 0.3 0.3

Dwelling investment -0.6 -0.3 -0.5 0.3 0.5 0.8 0.1 0.2 -0.2 -0.1 -0.2 0.3 0.1 0.1 0.4 0.2 0.0

Private investment 3.2 7.2 1.2 -0.4 -4.9 -4.1 -2.2 -0.1 1.1 -0.5 0.4 0.4 0.4 -0.2 -0.1 0.8 0.1

Public investment -0.6 -0.3 -0.5 -0.1 -0.9 -0.4 0.0 0.3 0.3 0.1 0.3 0.3 0.2 0.1 0.3 0.1 0.5

Total state final demand 4.6 9.7 1.4 1.6 -3.3 -1.3 1.2 1.2 2.4 1.3 2.5 2.2 2.6 2.0 2.2 3.1 3.0

Net trade and stocks - percentage point contribution -3.9 -3.7 0.9 1.7 4.5 3.3 1.3 1.0 -0.2 0.8 -0.1 0.2 -0.2 0.0 -0.1 -0.8 -0.9

Gross State Product 0.7 6.0 2.4 3.3 1.2 2.0 2.5 2.3 2.2 2.1 2.4 2.4 2.3 2.0 2.1 2.3 2.0


Table 2.7(b) Supply side formation of Queensland Gross State Product

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Supply side contribution to GSP growth – average annual growth rate $CVM

Agriculture 4.6 2.9 -4.3 -4.0 0.5 11.5 -3.5 -10.6 11.5 7.1 5.0 4.0 3.4 3.1 3.0 2.9 2.8

Mining -10.0 5.9 5.0 9.9 6.7 -1.7 5.6 4.3 0.1 0.6 1.8 2.0 14.0 1.8 1.0 0.8 0.6

Manufacturing -1.5 4.2 -1.4 0.7 -0.3 0.6 0.8 6.2 -0.4 1.0 1.9 2.7 3.5 3.8 3.3 3.7 4.2

Construction 6.9 14.4 6.2 10.3 -21.1 20.9 -0.9 7.5 7.4 2.6 0.6 -2.6 4.3 3.6 4.0 1.1 0.4

Distribution 2.0 6.0 5.3 1.3 9.7 9.8 3.0 1.9 1.1 1.3 1.3 0.6 3.7 1.3 0.8 0.3 0.3

Finance 1.0 3.4 4.5 5.2 8.1 -0.3 7.0 3.7 2.7 2.0 1.6 1.5 1.3 0.9 0.5 0.2 -0.1

Business services 2.0 3.8 1.8 2.6 0.4 3.6 2.2 -2.1 0.6 2.3 4.3 6.1 -3.1 0.6 1.3 4.8 4.0

Community services 1.6 4.1 2.3 5.3 3.6 10.4 2.4 4.2 2.4 2.5 2.7 2.9 2.8 2.5 2.5 2.7 2.7

Ownership of dwellings -1.9 0.9 1.6 2.0 2.3 5.5 2.1 2.2 2.2 2.4 2.2 1.9 1.8 1.7 1.8 2.0 2.1

Indirect taxes and other -0.1 1.3 -0.2 -0.3 0.6 -3.9 0.4 0.4 0.2 0.1 0.1 0.1 0.3 0.4 0.4 0.1 0.1

GDP 0.7 6.0 2.4 3.3 1.2 2.0 2.5 2.3 2.2 2.1 2.4 2.4 2.3 2.0 2.1 2.3 2.0

Supply side contribution to GSP growth – percentage point contribution to growth

Agriculture 0.1 0.1 -0.1 -0.1 0.0 0.3 -0.1 -0.2 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Mining -0.7 0.4 0.3 0.6 0.5 -0.1 0.4 0.3 0.0 0.0 0.1 0.1 1.0 0.1 0.1 0.1 0.0

Manufacturing -0.1 0.3 -0.1 0.0 0.0 0.0 0.1 0.4 0.0 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.3

Construction 0.6 1.4 0.6 1.1 -2.4 1.9 -0.1 0.8 0.8 0.3 0.1 -0.3 0.5 0.4 0.4 0.1 0.0

Distribution 0.3 0.9 0.8 0.2 1.4 1.3 0.4 0.3 0.2 0.2 0.2 0.1 0.5 0.2 0.1 0.0 0.0

Finance 0.1 0.2 0.3 0.3 0.5 0.0 0.4 0.2 0.2 0.1 0.1 0.1 0.1 0.1 0.0 0.0 0.0

Business services 0.5 1.0 0.5 0.7 0.1 0.9 0.6 -0.5 0.2 0.6 1.0 1.5 -0.8 0.1 0.3 1.1 1.0

Community services 0.2 0.4 0.2 0.6 0.4 1.2 0.3 0.5 0.3 0.3 0.3 0.4 0.3 0.3 0.3 0.3 0.3

Ownership of dwellings -0.2 0.1 0.1 0.2 0.2 0.5 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.1 0.2 0.2 0.2

Indirect taxes and other -0.1 1.3 -0.2 -0.3 0.6 -3.9 0.4 0.4 0.2 0.1 0.1 0.1 0.3 0.4 0.4 0.1 0.1

GDP 0.7 6.0 2.4 3.3 1.2 2.0 2.5 2.3 2.2 2.1 2.4 2.4 2.3 2.0 2.1 2.3 2.0


Table 2.8 Formation of Queensland population (fiscal year average)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Net immigration – overseas and interstate (‘000) 34 49 54 40 30 31 46 50 56 58 59 58 58 59 59 60 60

Natural increase (‘000) 37 36 36 36 33 33 33 33 31 30 30 31 30 30 29 29 28

Total increase (‘000) 71 85 90 76 63 64 80 82 87 89 89 88 88 88 88 88 89

Total population (‘000) 4448 4534 4623 4699 4762 4826 4906 4989 5076 5164 5253 5341 5430 5518 5606 5695 5783

Population growth rate (%) 1.6 1.9 1.9 1.6 1.3 1.7 1.7 1.7 1.8 1.7 1.7 1.7 1.7 1.6 1.6 1.6 1.6

Employment growth rate (%) 1.6 1.3 0.6 1.1 0.9 1.7 1.6 1.6 1.6 1.6 1.6 1.5 1.5 1.5 1.4 1.3 1.3



19 19 19

Table 2.9 Average annual population change by region (‘000)

2002-2006 2006-2016 2016-2019 2019-2027

Brisbane 42.4 43.2 41.8 43.9

Gold Coast 14.2 12.6 14.0 14.6

Sunshine Coast 8.8 7.1 8.2 8.2

West Moreton 1.8 2.0 1.9 2.4

Wide Bay/Burnett 5.6 3.9 2.3 3.3

Darling Downs 2.6 2.7 1.9 2.4

South West -0.2 -0.1 -0.3 0.0

Fitzroy 3.2 2.9 1.1 3.6

Central West -0.3 -0.1 -0.3 0.0

Mackay 3.8 2.2 -0.1 2.6

Northern 3.2 3.3 1.9 4.0

Far North 3.8 4.3 3.1 3.8

North West -0.3 -0.1 -0.5 0.2

Queensland 88.7 84.1 75.0 88.8

2.4 Queensland housing affordability

In the annual ALGA/NIEIR “State of the Regions” reports NIEIR has developed a range of indicators to assess the affordability of housing in Australian regions. The results for the Queensland regions are attached. The regions referred to in this section of the report are those used in the ALGA report, however as their names suggest they can be in this context, broadly compared to the regions used elsewhere in this report.

As discussed in previous reports sustainable dwelling markets are those that are able to where dwelling construction keeps pace with population growth. Regions that achieve this generally meet the two criteria listed below:

1. a construction cost for new dwellings that is not significantly below the average market prices for established dwellings; and

2. the expected average income from the labour market catchment must be able to support the average mortgage on new dwelling construction.

If criteria (1) is not satisfied in that the cost of new dwelling construction is well above the average established dwelling prices, then new construction will be discouraged because of the risk of capital losses if the dwelling is on-sold within the first few years of completion.

If condition (2) is not satisfied then new households relying on income to support mortgage payments will not be able to afford new dwellings. In other words, a region that is attractive to new residents will have average household incomes in the catchment region, that are able to support the mortgage levels required to build new dwellings.

The attached tables have a range of indicators that drive local housing markets. It should also be noted that the mortgage costs are calculated on a long-run average mortgage interest rates. In the short-run, mortgage costs may well be below the estimates in the tables.



20 20 20

Ideally, the average ratio of new dwelling costs to established house prices should be less than 85% to 90%, while the mortgage costs for new dwelling construction to labour market catchment average income should be no more than 35% to 40%. Sydney has mortgage costs for new dwelling construction to labour market catchment average income of around 44%, although in 2008 it was over 60%. The figure for the greater Brisbane region is 23% down from 37% in 2008.

A comparison across the regions of the indicators in the tables can be informative. At a glance it can be seen that the Brisbane region has the highest average established dwelling price at $583,000. The Gold Coast has the second highest at $530,000, with Sunshine Coast, Logan Redland and Moreton Bay all having values between $400,000 and $510,000. The remaining ALGA regions have values of less than $400,000 but greater than $277,000 with Wide Bay Burnett having the lowest prices. All else being equal one could assume that housing affordability in Queensland follows this pattern. However it is important to consider the other indicators in the tables.

The key indicator in terms of regional housing affordability is the ratio of new dwelling construction costs compared to the average income that can be achieved from the labour market catchment, in terms of this indicator the most affordable regions are Brisbane, West Moreton Darling Downs, Fitzroy, Mackay and Townsville.

The South East Queensland coastal regions have particularly poor housing affordability. The ratios are 45% for the Gold Coast for 56% for the Sunshine Coast and 41% for wide Bay Burnett. This is due to the relatively low income that can be achieved from the local labour market catchment. These regions in terms of new dwelling construction depend on a steady influx of households either willing to take long commute to work in search of higher incomes or have made capital gains on house sales elsewhere in Australia.

Table 2.10 Housing affordability – Brisbane City

Housing indicator 1991.3 1996.3 2001.3 2006.3 2011.2 2014.2 2017.2

Average growth 1996 to

2017 (%)

Average established dwelling price ($cvm '000s) 212.0 221.6 274.7 449.3 548.9 536.1 583.0 4.8

Average adjusted household income per occupied dwelling 76930 78584 89121 119148 142109 132154 119259 2.0

Ratio of adjusted dwelling price to adjusted average household disposable income 2.8 2.8 3.1 3.8 3.9 4.1 4.9 2.7

Average household income from labour market catchment 59734 65149 78952 96245 106642 101508 85262 1.3

Ratio of average mortgage costs on established dwellings to average household catchment income 36.8% 28.2% 22.9% 33.8% 37.5% 31.9% 38.0% 1.4

Ratio of average mortgage costs on new dwellings to average household catchment income 81.1% 59.6% 37.8% 36.0% 31.2% 24.8% 26.9% -3.8

Share of flats in dwelling stock 18.4% 17.0% 17.3% 19.3% 19.8% 21.2% 25.9% 2.1

Ratio of houses in new dwelling approvals na 62.3% 56.2% 53.4% 30.8% 21.4% 15.9% -6.4

Adults per occupied dwelling 2.2 2.1 2.1 2.1 2.2 2.2 2.1 -0.1



21 21 21

Table 2.11 Housing affordability – Gold Coast



2017 (%)







Share of flats in dwelling stock 33.0% 23.6% 23.7% 23.9% 21.8% 21.7% 22.9% -0.2


Adults per occupied dwelling 1.9 1.9 1.9 2.0 2.1 2.2 2.2 0.6

Table 2.12 Housing affordability – West Moreton



2017 (%)












22 22 22

Table 2.13 Housing affordability – Logan Redland



2017 (%)










Table 2.14 Housing affordability – Moreton Bay



2017 (%)












23 23 23

Table 2.15 Housing affordability – Sunshine Coast



2017 (%)







Share of flats in dwelling stock 21.7% 15.8% 15.3% 16.0% 13.2% 13.0% 13.3% -0.8

Ratio of houses in new dwelling approvals na 65.5% 73.4% 70.1% 64.6% 73.6% 74.8% 0.6


Table 2.16 Housing affordability – Darling Downs South West



2017 (%)












24 24 24

Table 2.17 Housing affordability – Far North Torres



2017 (%)





Ratio of average mortgage costs on established dwellings to average household catchment income 39.2% 35.6% 22.4% 35.5% 38.4% 31.5% 34.5% -0.1





Table 2.18 Housing affordability – Fitzroy Central West



2017 (%)












25 25 25

Table 2.19 Housing affordability – Mackay



2017 (%)



Ratio of adjusted dwelling price to adjusted average household disposable income 1.7 2.2 1.8 3.3 2.9 3.0 2.1 -0.1


Ratio of average mortgage costs on established dwellings to average household catchment income 29.0% 26.7% 19.1% 36.8% 35.2% 29.5% 23.6% -0.6





Table 2.20 Housing affordability – Townsville North West



2017 (%)












26 26 26

Table 2.21 Housing affordability – Wide Bay Burnett



2017 (%)












27 27 27

3. Queensland construction activity in the Australian context

3.1 Queensland construction: The headline outcomes

The headline outcomes for total Queensland construction, from Table 3.2(c), are the following.

(i) In 2015-16 Queensland construction activity (or total work done across the dwelling, non-residential building and engineering segments) is estimated to have declined by 17.4%. The figure for 2016-17 is a decline of just 0.2%. The falls in residential other work done and private sector non-residential building over 2016-17 were almost offset by the increases in new dwelling construction and engineering expenditure.

(ii) The projected construction activity growth rate for 2017-18 is an increase in expenditure of 9.0%. This is the result of increased public sector expenditure in dwellings, non-residential construction and engineering construction. Dwelling construction is projected to grow at 2.7% or $0.5 billion, despite new work in the private dwelling sector falling by $0.4 billion over the same period. Non-residential Building will grow by 0.1% which is $8 million, although the public sector increase is $106 million, meaning that the Private sector expenditure in non-residential building will fall by $98 million. Engineering construction will increase by $3.5 billion, most of this is in the private sector. In spite of this increase in engineering construction expenditure the level of engineering construction expenditure is projected to be less than half of the peak level of 2014. The effect of record low interest rates combined with steady population growth have now run its course. The downturn in new dwelling construction in 2017-18 will be followed in later years with downturns in Other Dwelling expenditures.

(iii) In 2018-19 total Queensland construction is projected to grow by 7%, all private dwelling sectors are now in decline with total private dwelling construction declining by 3.2% thereby reducing total construction growth by 1.3 percentage points. Non-residential construction is projected to grow at 12.7% with a contribution to total growth 1.7 percentage points. Engineering construction grow at 14.6% contributing 6.6 percentage points to total construction growth. However the timing of individual major projects could shift the growth into later years.

3.2 Total construction: A comparison with last year’s Annual Report

If the projections of the 2016 annual report are adjusted to the price base of this year's report a comparison of the projections can be made. In the 2016 Report the projected growth in the total level of Queensland construction activity for 2017 was an increase of 2.1%, in this year’s report the estimate for 2017 total construction activity is for decline of 0.2%. This is due in part to revisions in the historical data for 2016, to a faster than expected decline in the dwelling sector as price pressures increase and to low world commodity prices delaying mining investment at the same time as the construction on the LNG projects were finishing.



28 28 28

Many of the engineering projects that have been delayed over the last few years will move into the construction phase over 2018, hence the projections for 2018 are higher than anticipated in last year’s report mainly due to adjustments in the timing of engineering projects. In the previous report total construction was projected to grow by 2.9% in 2018, in this report construction growth for 2018 is at 8.9%.

3.3 The Queensland dwelling market

3.3.1 New dwelling construction

For the 2016 fiscal year total new construction in private dwelling grew by 18.3% to reach at $13.4 billion. For 2017 it is an estimated that the increase in private new dwelling construction will be 3.6% bringing private new dwelling construction expenditure to $13.91 billion which is just under the peak level of $13.93 billion achieved in 2008. It appears that this is as close as we will get to the 2008 peak as dwelling approvals are once again trending downwards as can be seen from Figure 3.1. Queensland’s population increased by over 100,000 per annum over the years 2007 to 2009. Since then the average increase per annum has been 75,000 per year. Between 2003 and 2009 Queensland employment was growth averaged 3.9%, between the years 2010 to 2015 the growth in employment averaged just under 1% per annum. The average over 2016 and 2017 is 0.7%. Hence the indicators are that slow employment growth should herald slow population growth which combined with high house prices should ensure that private new dwelling construction has most likely peaked.

3.3.2 Other dwelling expenditure

Queensland’s other renovation expenditures increased by 4.8% over 2016 contributing just 0.5 percentage points to total construction growth for that year. The indicators are that for 2017 this has largely been reversed with a decline of 4.0% reducing overall construction growth by 0.5 percentage points. The next two years will have an average annual growth of 4%. The percentage point contribution to total construction growth for these two years are 2.1 for 2018 and -1.2 for 2019.

Other renovation expenditure is currently $5.7 billion per annum and is still under 79% of the pre-GFC peak of $7.3 billion from 2007.

3.3.3 Total Queensland private dwelling construction expenditures

There has been positive growth in private dwelling expenditure in each of the last three years. In 2014 growth reached 5.6%, followed by 9.3% in 2015 and 13.8% in 2016. The current year 2017 will have growth of just 1.3% in private residential building expenditure. It is likely that 2018 will be the last year in some time that will have positive growth in private residential building expenditure with growth for 2018 projected at 2.7%. The 3.2% decline in 2019 will bring the level total private dwelling expenditure to $19.5 billion.



29 29 29

In terms of contribution to total construction growth private dwelling expenditures contributed 4.3 percentage points growth easing the 2016 total construction decline of 17.4%. In 2017 private dwelling expenditure contributed a positive 0.6 percentage points to the total decline of 0.2% in the following two years private dwelling expenditure contributes an average of -0.1 percentage points to total construction average growth of 8.0%.

3.3.4 Dwelling commencements

From Appendix Table A.19 it can be seen that the number of dwelling units commenced in 2015 and 2016 were higher than the pre-GFC peak of 45,400. In the five years after 2008 the average was 31,000. Dwelling commencements for 2017 to 2019 are likely to average the 42,000 per year as dwelling approvals growth has slowed.

Figure 3.1: Queensland dwelling – new construction approvals



30 30 30

Figure 3.2: Queensland dwelling – new construction approvals

Figure 3.3: Queensland non-residential building approvals



31 31 31

Figure 3.4: Real Queensland established house prices

Figure 3.5: Queensland housing rental vacancy rate



32 32 32

Figure 3.6: Queensland housing approvals – number and CVM $m

3.4 Non-residential building

The value of Non-residential building work was just over $7 billion in 2016. This is the result of growth of 1.8% on the 2015 value. This is 80% of the GFC stimulus peak of $8.7 billion reached in 2011. The current year, 2017 has expenditure levels estimated at $6.5 billion which represents a decline of 6.8% on 2016 levels. The contribution of this non-residential building decline to the total construction decline in 2017 is -1.1 percentage points. The next two years will have an average growth of 6.4% with expenditure of $6.5 billion for 2018 and $7.4 billion for 2019.

3.4.1 Private non-residential building

In 2016 private non-residential building expenditure rose by 4.6%, growth for the previous year was 1.9%. The data indicates that in 2017 private non-residential building is likely to decline by 7.9%. The 2018 and 2019 fiscal years will on average show growth with levels averaging $5.9 billion per annum. Hotels, retail, and factory projects will be the main contributors to this reversal. Approvals for the three years to 2016 have averaged $5.8 billion and have been steadily increasing. This is lower than the 2013 peak of $7.6 billion, but higher than the three year average to that point hence for the next two years, that is 2018 and 2019, private non-residential building expenditure is projected to average around $5.9 billion with average growth of 6.4% per annum.

Figure 3.7 shows the correlation between the value of private non-residential work done and private non-residential approvals. The figure indicates that many private non-residential projects that were approved in 2013 and 2014 have either stalled or been scaled back. The potential for these projects to be re-established, particularly in a period of low interest rates, or entirely cancelled in a period of global uncertainty could alter the outcomes for this sector over the coming years. Current approvals are trending downwards.



33 33 33

Figure 3.7: Queensland – Private non-residential building work done and private non-residential building approvals

Figure 3.8: Excess demand for dwellings – Queensland



34 34 34

3.4.2 Public non-residential building activity

The fiscal year 2016 had the lowest public non-residential building expenditure for at 21 years. The GFC stimulus packages brought forward many projects that would normally have been allocated to recent years. The years since the stimulus peak of $4 billion in 2011 have seen a steady decline in government non-residential building expenditure, for 2016 public non-residential building expenditure was just $896 million.

The average annual growth rate over the three stimulus years was 44.2% per annum. The following five years have seen large declines averaging 25.8% per annum. Public Sector non-residential building has now reached the bottom of the trough, with slight growth of just 0.6% in 2017.

The next two years mark the beginning of a new growth phase as population growth has now caught up with the stimulus projects. Public non-residential building expenditure will be $1.0 billion in each of the next two years. Growth for 2018 will be 11.8% and for 2019 growth will be 2.6%.

Figure 3.9: Queensland share of national population increase and national approvals (%)



35 35 35

3.4.3 Major Queensland non-residential building projects

In real terms over the last six months the value of non-residential building projects under construction or committed have declined by 23.5% or $315 million, projects under consideration have risen by 16.7% or $105 million.

Projects that have recently moved to the construction phase are; a $40 million data centre at Wellcamp near Toowoomba, the $34 million new primary school in Caloundra South and the $67 million Cairns Performing Arts Centre on the site of the existing Cairns Civic Theatre.

Other Current major projects under construction or committed are; the $1000 million ICON Ipswich mixed use project, the $970 million Jewel development at Surfers Paradise, the $815 million Parklands Commonwealth Games Village construction at the Gold Coast and the $750 million Dusit Thani Brookwater Golf & Spa Resort.

Recently completed projects include the first stage of the $1872 million Sunshine Coast University Hospital at the Kawaka precinct, the $355 million Westfield Chermside redevelopment, the $105 million Carrara Sports and Leisure Centre and the $85 million 'Science Place' at James Cook University, Townsville campus.

Figure 3.10: Queensland non-residential building approvals and work done



36 36 36

Figure 3.11: Queensland non-residential projects under construction, committed and under consideration (at quarterly construction rates) – $ million

3.4.4 Total non-residential building activity

The average annual expenditure on non-residential building over the last five years has been $7.4 billion. The government stimulus peak was $8.7 billion in 2011. For the current year 2017, non-residential building expenditure has fallen to $6.5 billion. There are still few major new projects entering the construction phase, and approvals have been in decline once again. Allowing for the lag between approval and the beginning of construction it is not likely that there will be much improvement until 2019 or beyond. The projection for 2017 is for a decline in non-residential building construction of 2.5%. There is no significant change to expenditure over 2018. By 2019 there should be a stronger return to the growth phase with growth of 8.8% as new projects move to the construction phase.

3.5 Engineering construction

The determination between the private and public sector engineering construction is by no means as clear cut as the case for non-residential building activity. Privatisation of enterprises and the use of private public partnerships (PPPs) can radically change the profiles for activity in each segment. In the case of engineering, therefore, it is more useful to discuss the sector as a whole and then discuss the likely share of activity for the public sector.



37 37 37

3.5.1 Engineering: The segment drivers

The growth in engineering construction expenditures are summarised in Table 3.4. The table gives the percentage point contribution of each of the major engineering segments, that is; roads, water storage, heavy industry etc. to total engineering construction growth.

Between 2006 and 2014 the heavy industry segment has been the largest contributor to total engineering growth averaging 13.6 percentage points of average annual engineering growth of 19.7% per annum. Over the same period the roads, highways and subdivisions segment was the second largest contributor to growth contributing on average only 2.0 percentage points per annum. The average value of heavy industry construction over this period was $12.7 billion per annum, for the roads, highways and subdivisions segment the average value was $5.1 billion per annum.

In contrast, in 2015 heavy industry is the major contributor to the decline in engineering. The heavy industry contribution was -24.0 percentage points of the total decline of -33.7% for total engineering construction. However in 2015 heavy industry expenditure was $21 billion which is still above the average over the previous nine years. A $15 billion decline in engineering expenditure occurred over 2015, of which $11 billion was lost in heavy industry.

The contribution of heavy industry to the 39.4% decline in engineering construction in 2016 was 37.3 percentage points. The cause of these rapid rises and falls in heavy engineering construction are well documented. The rapid investment in LNG projects brought a huge increase in expenditure in this segment over a short time frame. The decline has been just as dramatic.

For 2017 the bulk of the LNG projects are either completed or on hold. Once again roads are the largest driver of the small amount of growth contributing 4.4 percentage points to the total growth of just 0.8%.

Over the next two years Queensland heavy industry expenditures is projected to be an average of $9.3 billion per annum, as stalled projects are re-kindled. Heavy Industry will be the largest contributor to total engineering construction growth over the two years to 2019.

3.5.2 Mining investment and output

The consequences of a long period of elevated mining investment are now having an impact on Queensland’s mining output. Mining output is estimated to have expanded by an average of 13.7% per annum over 2015 and 2016, followed by an 8.7% gain in 2017 and 3% in 2018.

Figure 3.15 clearly shows the relationship of LNG investment to LNG output. The sharp rise in investment beginning in 2012, peaks in 2014 and then wanes over 2015 to 2018. In response output is seen to be coming online beginning in 2015 and rapidly ramping up to reach a steady level by 2017.

World economic conditions will be the main determinant of any second wave of LNG investment.



38 38 38

3.5.3 Engineering construction: The outlook

In 2016 the estimated decline in Queensland engineering construction expenditure was 39.4%, with the decline being driven by a 43.0% decrease in private engineering construction expenditure, particularly in heavy industry. This decline contributed -22.0 percentage points to the total Queensland construction decline. In contrast 2017 showed little growth with the 1.1% growth in the private sector being partially offset by the 0.4% decline in public sector engineering expenditure.

In 2018 private engineering construction is predicted to increase by 13.4%, adding 4.6 percentage points to Queensland’s total construction activity growth of 8.9%. Public engineering is projected to increase by 45.2%, raising the overall construction industry growth rate by 3.1 percentage points.

Over 2019 the 15.7% growth in private engineering construction expenditure is predicted to lift the annual growth of overall Queensland construction activity by 5.6 points. Public engineering will grow by 10.5% lifting total construction growth by 1 percentage point.

As mentioned in previous reports the high level of expenditures on a small number of projects, small changes in project expenditure timing will have significant implications for the overall Queensland outcome.

Figure 3.12: Queensland mining, LNG and metal ore investment



39 39 39

Figure 3.13: Queensland real mining output % rate of growth

Figure 3.14: Queensland mining investment



40 40 40

Figure 3.15: LNG expansion

3.5.4 Major Queensland engineering projects

In real terms over the last six months the value of engineering projects under construction or committed have risen by 35.5% or $1316 million, projects under consideration have declined by 7.5% or $729 million.

Major engineering projects currently under construction are; the $1760 million Byerwen Coal Project, near Glenden in the Bowen Basin, the $1606 million Toowoomba Second Range Crossing, the $1300 million New Parallel Runway project at Brisbane Airport and the $1250 million Eagle Downs coal project.

Major projects that have recently entered the construction phase are; the $929 million Bruce Highway upgrade - Caloundra Road to Sunshine Motorway section, the $380 million 63 turbine wind farm at Mount Emerald, near Mareeba, the $350 million Sun Metal Solar Farm and the $350 million Ross River Solar Farm - 142MW and the $226 million RG Tanna Coal Terminal upgrade.



41 41 41

Figure 3.16: Queensland engineering – work done

Figure 3.17: Queensland total engineering – work yet to be done



42 42 42

Figure 3.18: Queensland engineering projects under construction, committed and under consideration (at quarterly construction rates) – $ million

3.6 Queensland’s construction share of total Australian construction

Queensland construction share of total Australian construction averaged 23.3% over the last 20 years. The high point in 2014 reached 27.9%, the low point over this period was 19.4 in 1999. Currently Queensland’s share is 21% of the Australian total construction.

In 2017 Residential building in Queensland accounts for 20.1% of the nation’s expenditure in the segment, whilst the non-residential building share of the national non-residential building has averaged 20.6% since 2011. The share for residential should average around 20.7% through to 2019. The Non-residential construction in Queensland share of the national expenditure will average 19.5% per annum over 2018 and 2019.

Engineering construction in Queensland accounted for 34.7% of the national engineering expenditure in 2014. In 2017 this had fallen to 23% and should average 27.4% over the two years to 2019.



43 43 43

Figure 3.19: Share of public engineering in total engineering (%)

Figure 3.20: Share of Queensland construction industry in GSP (%)



44 44 44

Figure 3.21: Queensland non-residential construction and private non-residential building expenditure share in GSP and GSP growth


Table 3.1(a) Australia and Queensland construction industry activity – value of work done (the National Institute of Economic and Industry Research's June 2016 forecasts) (constant prices chain volume measure – 2014-15)

Fiscal years 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

AUSTRALIA (2014 $m)

Total Residential Building 76853 75905 79544 85784 94896 98199 98038 95424 93666 92390 92095 92581 93818 99047 104728 108190

Total Non-Residential Building 35748 34658 36494 36627 36286 34559 34581 36519 35343 34189 35895 35486 35228 35200 35452 35342

Total Engineering Construction 124338 135192 131911 111671 95029 80716 85884 86304 87357 88367 86032 93501 96010 101494 103207 103491

Total Australian construction activity 236938 245755 247950 234082 226211 213474 218503 218247 216366 214947 214022 221569 225056 235740 243387 247023

QUEENSLAND (2014 $m)




Total Queensland construction activity 62260 64679 69166 54419 44942 44864 48878 52281 52127 51785 51523 53911 54696 55351 56136 56769

QUEENSLAND (% OF AUSTRALIAN TOTALS)

Total Residential Building 21.2 19.6 19.8 20.0 20.6 20.1 20.7 20.6 20.8 20.5 21.5 21.9 22.0 22.2 21.7 20.8

Total Non-Residential Building 22.1 21.1 21.0 18.8 19.3 18.9 18.9 20.2 19.2 21.2 20.6 22.6 25.4 23.1 22.3 22.4

Total Engineering Construction 30.6 31.4 34.7 27.2 19.4 23.0 25.6 29.3 29.6 29.0 28.2 27.4 26.2 24.9 24.7 25.4

Total Queensland construction activity 26.3 26.3 27.9 23.2 19.9 21.0 22.4 24.0 24.1 24.1 24.1 24.3 24.3 23.5 23.1 23.0

QUEENSLAND (ANNUAL GROWTH LESS REST OF AUSTRALIA GROWTH) – % per annum

Total Residential Building -1.7 -9.6 1.4 1.5 3.9 -2.8 3.6 -0.7 1.1 -1.8 6.3 2.4 0.5 1.2 -3.3 -5.1

Total Non-Residential Building -4.5 -5.6 -0.5 -13.3 3.4 -2.5 0.1 8.8 -5.7 11.9 -3.2 11.6 16.1 -12.3 -4.1 0.5

Total Engineering Construction 20.8 4.2 14.7 -28.0 -33.6 19.7 16.0 19.0 1.7 -2.9 -3.5 -4.6 -6.4 -7.0 -0.7 3.7

Total Queensland construction activity 11.5 0.2 8.2 -21.8 -18.3 6.8 8.3 9.1 0.7 0.0 -0.1 1.5 -0.2 -4.7 -2.4 -0.5

QUEENSLAND (% OF QUEENSLAND TOTAL)




Total Queensland construction activity 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0


Table 3.1(b) Australian construction industry activity – value of work done (the National Institute of Economic and Industry Research's June 2016 forecasts) (constant prices chain volume measure – 2014-15 $M)

Fiscal years 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

PRIVATE RESIDENTIAL BUILDING

New Work 44445 46448 49473 55943 63092 65816 64602 60868 58831 57397 56051 55483 55720 59100 62901 65470

Alterations and Additions 5101 5101 5101 5101 5101 5101 5101 5101 5101 5101 5101 5101 5101 5101 5101 5101

Other Work Done 25712 23385 23915 23779 25625 26422 27457 28540 28789 28928 29938 30947 31953 33798 35653 36532

Total Private Residential Building 75258 74934 78488 84823 93818 97338 97160 94508 92721 91426 91090 91531 92774 97999 103654 107103

Total Public Residential Building 1595 971 1056 961 1078 861 878 916 946 964 1005 1050 1044 1048 1073 1087


NON-RESIDENTIAL BUILDING

Hotels etc. 1284 1118 1083 1789 2051 2245 2534 2908 2511 2241 2639 3241 3166 2516 1852 1786

Shops 5747 5419 6377 6233 6910 6796 7218 7619 6375 5246 5252 5156 4955 5064 5255 5053

Factories 1287 1063 947 904 938 894 1145 1158 1095 977 1003 1050 946 924 1186 986

Offices 5899 5853 5614 6062 5722 4436 4281 5256 6221 6750 6742 6750 6516 6834 6420 6607

Other Business Premises 4597 4674 5404 5878 4852 5167 4532 4579 4563 4687 6042 7081 7690 6638 7498 6653

Educational 6286 5353 5501 5097 4777 5044 4881 4796 4653 4541 4536 4558 4575 4755 4891 4800

Religious 225 203 257 215 196 214 230 201 195 224 208 189 217 200 207 213

Health 5017 5159 6114 5870 5583 4751 4462 4451 4118 3932 3620 3539 3655 3795 4339 4481

Entertain. & Recreational 2095 2133 2108 2021 2878 2428 2552 2923 3002 2889 2939 3013 3109 3217 3370 3494

Miscellaneous 3313 3684 3090 2557 2379 2584 2748 2628 2611 2702 2914 3013 3174 3220 3458 3528


Total Building 112601 110563 116038 122411 131182 132758 132619 131943 129009 126580 127990 128067 129046 134246 140180 143532

ENGINEERING CONSTRUCTION

Roads, highways and subdivisions 19070 18732 15417 14590 15217 18173 24142 24298 24829 24727 24522 25576 26829 28130 28544 28791

Bridges, railways and Harbours 14819 16029 13310 8923 5739 6192 7828 7657 7829 7441 7940 7965 7823 10298 10623 9895

Water storage and supply, Sewerage and drainage 8145 6943 5811 4353 4513 4050 4195 4117 4280 4041 3972 5032 5377 5650 5792 6190

Electricity generation, transmission and distribution and pipelines 14663 18228 17707 15179 11137 7997 8032 9337 10178 11545 9881 13206 13898 14418 14967 15574

Telecommunications 5056 5419 5969 6648 8869 9649 9440 9682 9876 8078 6578 8231 8869 9414 9633 9997

Heavy Industry 57971 63148 67587 57058 44605 29878 27325 26198 25287 27431 27987 28222 27774 27967 27863 27085

Recreation and Other 4613 6693 6110 4921 4948 4777 4922 5013 5077 5104 5152 5270 5441 5617 5785 5959


TOTAL CONSTRUCTION 236938 245755 247950 234082 226211 213474 218503 218247 216366 214947 214022 221569 225056 235740 243387 247023


Table 3.2(a) Queensland construction industry activity – value of work done (the National Institute of Economic and Industry Research's June 2017 forecasts) (constant prices chain volume measure – as a % of major segment totals)

Fiscal years 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

SHARE OF TOTAL RESIDENTIAL BUILDING

PRIVATE RESIDENTIAL BUILDING

New Work 58.6 62.7 63.3 66.1 68.7 70.3 66.4 68.2 67.1 65.7 64.4 63.3 63.5 65.3 65.7 64.3

Other Work Done 40.3 36.7 35.7 33.2 30.6 29.0 32.9 31.1 32.0 33.3 34.7 35.7 35.5 33.7 33.3 34.6

Total Private Residential Building 98.9 99.4 99.0 99.2 99.3 99.3 99.3 99.3 99.1 99.0 99.1 99.1 99.0 99.0 99.0 98.9

Total Public Residential Building 1.1 0.6 1.0 0.8 0.7 0.7 0.7 0.7 0.9 1.0 0.9 0.9 1.0 1.0 1.0 1.1


NON-RESIDENTIAL BUILDING: SHARE OF NON-RESIDENTIAL BUILDING TOTAL

Hotels etc. 2.3 2.9 2.8 3.7 5.2 7.2 11.0 13.6 10.5 11.5 14.5 16.0 14.9 11.2 6.7 6.1

Shops 16.4 15.3 20.7 24.2 24.0 22.0 19.9 26.0 21.7 16.3 18.1 17.2 12.9 13.8 14.9 14.9

Factories 2.6 3.6 2.5 0.3 3.0 2.6 4.8 5.1 4.8 3.5 2.8 2.4 2.2 2.4 2.6 2.6

Offices 13.5 17.1 12.0 15.9 14.5 12.6 12.2 10.3 12.1 12.4 12.8 14.3 12.2 13.9 12.7 14.8

Other Business Premises 10.1 11.5 13.7 15.3 10.1 15.9 12.4 12.0 14.3 16.8 17.0 16.7 19.3 14.6 15.0 17.2

Educational 17.7 15.1 13.1 15.3 11.0 14.3 13.3 11.7 12.4 12.6 11.4 11.1 13.6 14.2 16.3 15.5

Religious 0.5 0.7 0.3 0.7 0.7 1.3 0.6 0.5 0.6 0.6 0.5 0.5 0.4 0.5 0.5 0.5

Health 18.7 18.2 23.0 15.4 18.8 12.1 12.2 11.0 10.7 10.1 8.6 9.0 12.0 14.0 15.7 13.7

Entertain. & Recreational 5.3 3.8 2.9 2.7 7.7 6.7 6.5 4.2 5.1 6.1 5.7 5.6 5.2 6.1 6.3 6.6

Miscellaneous 12.9 11.9 9.1 6.6 5.0 5.4 7.1 5.6 7.8 10.1 8.5 7.1 7.4 9.2 9.3 8.0


ENGINEERING CONSTRUCTION: SHARE OF ENGINEERING TOTAL

Roads, highways and subdivisions 19.5 12.2 9.8 9.6 15.5 19.8 24.2 19.7 19.9 20.6 22.0 20.7 19.6 18.4 18.7 19.6

Bridges, railways and Harbours 4.8 3.6 2.9 4.2 5.3 6.1 6.1 9.1 11.6 12.8 9.1 9.6 9.4 15.5 15.9 12.7

Water storage and supply, Sewerage and drainage 6.8 5.8 4.4 4.1 5.3 6.8 6.1 5.6 5.9 5.4 5.8 6.7 6.9 6.5 6.4 6.5

Electricity generation, transmission and distribution and pipelines 9.1 10.6 8.9 6.3 7.6 8.8 10.1 10.8 11.9 11.3 10.6 14.3 15.2 14.3 14.0 14.5

Telecommunications 2.6 2.5 2.3 3.2 7.6 9.8 9.1 8.5 7.9 6.2 5.4 6.8 7.1 6.6 6.4 6.5

Heavy Industry 54.1 63.0 70.0 69.2 52.8 42.4 38.3 40.5 37.2 38.2 40.9 35.9 35.7 32.9 32.7 34.2

Recreation and Other 3.2 2.3 1.7 3.3 6.0 6.4 6.1 5.9 5.6 5.5 6.2 6.0 6.1 5.8 5.9 6.1



Table 3.2(b) Fiscal year construction activity growth rates – Queensland CVM construction activity indicators (%)

Fiscal years 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Private

New work and alterations and additions -7.4 -2.6 7.1 13.8 18.3 3.6 -3.0 -0.6 -2.6 -4.8 2.5 0.8 2.0 9.6 3.8 -2.9

Other work done -1.1 -16.9 3.0 1.4 4.8 -4.0 16.5 -8.6 2.0 1.3 9.0 5.4 1.0 1.1 1.9 3.4

Total private residential building -4.9 -8.4 5.6 9.3 13.8 1.3 2.7 -3.2 -1.1 -2.8 4.7 2.4 1.7 6.5 3.1 -0.8

Public

Dwelling construction -71.3 -46.0 62.0 -12.2 5.6 -0.2 0.9 -0.3 17.3 7.7 -1.7 6.5 8.5 7.8 7.3 6.8

Non-residential building

Private 5.8 3.6 16.4 1.9 4.6 -7.9 -1.7 14.6 -9.4 4.3 -0.5 6.9 8.0 -10.7 -4.4 1.6

Public -26.0 -24.1 -18.8 -46.1 -13.9 0.6 11.7 2.7 2.3 17.7 16.7 12.9 26.4 -4.5 3.8 -4.2

Total -9.6 -7.4 4.9 -10.2 1.8 -6.8 0.1 12.7 -7.7 6.3 2.4 8.0 11.7 -9.2 -2.4 0.1

Engineering

Private 60.4 13.4 9.9 -35.3 -43.0 1.1 13.4 15.7 -2.5 -4.6 -4.0 8.2 0.8 -3.7 0.3 6.5

Public 7.9 -0.5 -9.9 -17.9 -12.7 -0.4 45.2 10.5 22.5 11.2 -8.5 -2.6 -10.9 16.0 3.7 -6.9

Total 51.0 11.7 7.6 -33.7 -39.4 0.8 18.7 14.6 2.4 -0.9 -5.2 5.4 -2.0 0.5 1.1 3.1

Total construction 20.9 3.9 6.9 -21.3 -17.4 -0.2 8.9 7.0 -0.3 -0.7 -0.5 4.6 1.5 1.2 1.4 1.1


Table 3.2(c) Fiscal year construction activity indicator contribution to total Queensland construction growth rate (%)

Fiscal years 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Private

New work and alterations and additions -1.5 -0.4 1.0 2.0 3.8 1.1 -0.9 -0.2 -0.7 -1.2 0.6 0.2 0.5 2.3 1.0 -0.8

Other work done -0.1 -1.8 0.3 0.1 0.5 -0.5 2.1 -1.2 0.2 0.2 1.1 0.7 0.1 0.1 0.3 0.5

Total private residential building -1.6 -2.2 1.3 2.1 4.3 0.6 1.2 -1.3 -0.4 -1.1 1.7 0.9 0.6 2.4 1.2 -0.3

Public

Dwelling construction -0.8 -0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Non-residential building

Private 0.5 0.3 1.2 0.2 0.5 -1.1 -0.2 1.6 -1.1 0.5 -0.1 0.8 0.9 -1.3 -0.5 0.2

Public -2.1 -1.2 -0.7 -1.3 -0.3 0.0 0.2 0.1 0.0 0.4 0.4 0.4 0.8 -0.2 0.1 -0.2

Total -1.6 -0.9 0.6 -1.1 0.2 -1.1 0.0 1.7 -1.1 0.8 0.3 1.2 1.7 -1.5 -0.4 0.0

Engineering

Private 24.3 7.2 5.8 -21.1 -21.1 0.4 4.6 5.6 -1.0 -1.8 -1.4 2.9 0.3 -1.3 0.1 2.2

Public 0.7 0.0 -0.7 -1.1 -0.8 0.0 3.1 1.0 2.1 1.3 -1.1 -0.3 -1.2 1.6 0.4 -0.8

Total 25.0 7.1 5.0 -22.3 -22.0 0.3 7.7 6.6 1.2 -0.5 -2.6 2.5 -0.9 0.2 0.5 1.4



Table 3.3 Annual growth and % contribution to Queensland construction activity by major construction segment

Fiscal years 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Annual percentage rate of change (%)

Dwellings -7.2 -8.8 5.9 9.1 13.7 1.3 2.7 -3.2 -1.0 -2.8 4.7 2.4 1.7 6.5 3.2 -0.7

Total non-residential building -9.6 -7.4 4.9 -10.2 1.8 -6.8 0.1 12.7 -7.7 6.3 2.4 8.0 11.7 -9.2 -2.4 0.1

Total engineering construction 51.0 11.7 7.6 -33.7 -39.4 0.8 18.7 14.6 2.4 -0.9 -5.2 5.4 -2.0 0.5 1.1 3.1


Contribution to total construction growth ($ million)

Dwellings -1270 -1435 883 1430 2355 247 531 -652 -198 -537 884 479 349 1351 697 -158

Total non-residential building -838 -584 360 -780 126 -477 7 832 -570 431 177 596 940 -827 -197 7

Total engineering construction 12857 4439 3244 -15398 -11958 152 3477 3223 614 -237 -1323 1313 -505 132 285 784

Total construction 10749 2420 4487 -14747 -9477 -78 4014 3403 -154 -342 -262 2388 784 656 785 633

Table 3.4 Sector contribution to Queensland engineering construction growth (percentage point)

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Roads, highways and sub-divisions -2.4 -0.9 6.4 -5.8 -1.7 -3.5 -0.2 4.4 9.0 -1.7 0.7 0.5 0.2 -0.2 -1.5 -1.1 0.5 1.5

Bridges, railways and harbours -0.8 2.1 -0.8 -0.7 -0.6 -0.1 -1.0 0.9 1.1 4.3 2.8 1.0 -4.2 1.1 -0.5 6.2 0.6 -2.9

Water storage and supply, sewerage and drainage -2.7 5.1 -2.1 -0.4 -1.1 -1.6 -0.9 1.5 0.5 0.3 0.5 -0.6 0.1 1.3 0.0 -0.3 -0.1 0.3

Electricity generation, transmission and distribution and pipelines -2.5 0.3 2.5 2.7 -1.0 -4.7 -1.7 1.3 3.2 2.2 1.4 -0.7 -1.2 4.4 0.6 -0.9 -0.1 0.9

Telecommunications -0.6 0.8 0.9 0.2 0.0 -0.2 1.4 2.3 1.0 0.7 -0.5 -1.7 -1.1 1.7 0.2 -0.5 -0.1 0.3

Heavy industry 4.2 13.0 43.6 16.3 12.3 -24.0 -37.3 -10.0 3.1 8.1 -2.3 0.6 0.6 -3.1 -0.9 -2.7 0.2 2.5

Recreation and other -0.3 1.7 0.5 -0.7 -0.4 0.5 0.3 0.5 0.9 0.7 -0.2 -0.2 0.3 0.2 0.0 -0.3 0.1 0.4

Total engineering construction -5.1 22.0 51.0 11.7 7.6 -33.7 -39.4 0.8 18.7 14.6 2.4 -0.9 -5.2 5.4 -2.0 0.5 1.1 3.1



51 51 51

3.7 The regional dimension

3.7.1 Brisbane

Population and employment

For the 2007-2012 period the average annual growth rate in population for Brisbane was 2.3% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for Brisbane was 46,100 or 49.3% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for Brisbane was 2.7% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 27,000 or 54.9% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Brisbane would have declined. The decline in the effective unemployment rate would have been moderate.


For the 2012-2017 period the average annual employment growth for Brisbane was 1% per annum compared to a Queensland total employment growth of 0.7%. The total number of net new employment positions created was 11,100 or 68.6% of the total net employment positions in Queensland.



For the 2017-2022 period the average annual employment growth for Brisbane was 1.4% per annum compared to a Queensland total employment growth of 1.3%. The total number of net new employment positions created was 16,400 or 52.8% of the total net employment positions in Queensland.





52 52 52

For the 2022-2027 period the average annual employment growth for Brisbane was 1.5% per annum compared to a Queensland total employment growth of 1.4%. The total number of net new employment positions created was 18,800 or 51% of the total net employment positions in Queensland


Construction activity

Over the 2007-2012 period, the average rate of growth for Brisbane total construction was an increase of 5.4% per annum, which translated to an average annual increase in expenditure of $956 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $763 million which explained 79.8% of the total annual change. The next largest contribution to this change is public non-residential building with a positive contribution in terms of average annual change of $162 million which explained 16.9% of the total annual change. Other sector contributions were new dwelling construction with a negative contribution of $94 million which explained -9.8% of the total annual change, private non-residential building with a positive contribution of $60 million which explained 6.2% of the total annual change and public engineering with a positive contribution of $37 million which explained 3.9% of the total annual change.

The average change in total construction expenditure over this period was an increase of $956 million. This represents a contribution to total Queensland construction growth of 26.6%, this change in total construction expenditure in Brisbane is in the same direction as that of Queensland.

For the 2012-2017 period, the average rate of growth for Brisbane total construction was a decline of 0.9% per annum, which translated to an average annual decrease in expenditure of $213 million.

The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $531 million which explained -249.3% of the total annual change. The next largest contribution to this change is private engineering with a negative contribution in terms of average annual change of $357 million which explained 167.6% of the total annual change. Other sector contributions were public non-residential building with a negative contribution of $207 million which explained 97.3% of the total annual change, public engineering with a negative contribution of $155 million which explained 72.7% of the total annual change and other dwelling construction with a negative contribution of $112 million which explained 52.6% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $213 million. This represents a contribution to total Queensland construction growth of 9.6%, this change in total construction expenditure in Brisbane is in the same direction as that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for Brisbane total construction is an increase of 0.9% per annum, which translated to an average annual increase in expenditure of $192 million.

The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $353 million which explained -183.3% of the total annual change. The next largest contribution to this change is public engineering with a positive contribution in terms of average annual change of $236 million which explained 122.5% of the total annual change. Other sector contributions were private engineering with a positive contribution of $201 million which explained 104.3% of the total annual change, other dwelling construction with a positive contribution of $96 million which explained 49.8% of the total annual change and public non-



53 53 53

residential building with a positive contribution of $48 million which explained 25% of the total annual change.

The average change in total construction expenditure over this period was an increase of $192 million. This represents a contribution to total Queensland construction growth of 14.4%, this change in total construction expenditure in Brisbane is in the same direction as that of Queensland.

For the 2022-2027 period, the average rate of growth for Brisbane total construction is an increase of 1.6% per annum, which translated to an average annual increase in expenditure of $357 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $172 million which explained 48.1% of the total annual change. The next largest contribution to this change is other dwelling construction with a positive contribution in terms of average annual change of $117 million which explained 32.8% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $97 million which explained 27.1% of the total annual change, public engineering with a negative contribution of $64 million which explained -17.8% of the total annual change and public non-residential building with a positive contribution of $53 million which explained 14.9% of the total annual change.

The average change in total construction expenditure over this period was an increase of $357 million. This represents a contribution to total Queensland construction growth of 43%, this change in total construction expenditure in Brisbane is in the same direction as that of Queensland.

For Brisbane total construction activity declined by 1.1% in 2017 the change was a decrease of $226 million.

For Brisbane total construction activity increased by 1.6% in 2018 the change was an increase of $324 million.

For Brisbane total construction activity increased by 6.2% in 2019 the change was an increase of $1295 million.

Capacity utilisation

Over the 2007-2012 period Brisbane had an average annual average shortage of 804.1 in construction workers relative to the supply from residents. This means that Brisbane construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3.

Over the 2012-2017 period Brisbane had an average annual average surplus of -1724.9 in construction workers relative to the supply from residents. This means that Brisbane construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3.

Over the 2017-2022 period Brisbane is projected to have an average annual average surplus of -2478.7 in construction workers relative to the supply from residents. This means that Brisbane construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7.

Over the 2022-2027 period Brisbane is projected to have an average annual average surplus of -3235.6 in construction workers relative to the supply from residents. This means that Brisbane construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5.



54 54 54

Figure 3.22: Queensland regional construction value of work done – Brisbane (CVM $m)

3.7.2 Gold Coast


For the 2007-2012 period the average annual growth rate in population for Gold Coast was 2.7% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for Gold Coast was 13,200 or 14.1% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for Gold Coast was 2.6% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 6,200 or 12.6% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Gold coast would have declined. The decline in the effective unemployment rate would have been moderate.



55 55 55

For the 2012-2017 period the average annual growth rate in population for Gold Coast was 2.3% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for Gold Coast was 12,800 or 17% of the total change in Queensland's population.



For the 2017-2022 period the average annual growth rate in population for Gold Coast was 2.4% per annum compared to a Queensland average annual population growth rate of 1.7%. The average annual change in the population for Gold Coast was 14,700 or 17% of the total change in Queensland's population.



For the 2022-2027 period the average annual growth rate in population for Gold Coast was 2.2% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for Gold Coast was 14,900 or 16.8% of the total change in Queensland's population.




Over the 2007-2012 period, the average rate of growth for Gold Coast total construction was an increase of 5.4% per annum, which translated to an average annual increase in expenditure of $270 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $181 million which explained 66.8% of the total annual change. The next largest contribution to this change is public engineering with a positive contribution in terms of average annual change of $40 million which explained 14.7% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $34 million which explained 12.6% of the total annual change, private non-residential building with a positive contribution of $20 million which explained 7.3% of the total annual change and new dwelling construction with a negative contribution of $7 million which explained -2.7% of the total annual change.



56 56 56

The average change in total construction expenditure over this period was an increase of $270 million. This represents a contribution to total Queensland construction growth of 7.5%, this change in total construction expenditure in Gold Coast is in the same direction as that of Queensland.

For the 2012-2017 period, the average rate of growth for Gold Coast total construction was a decline of 2.8% per annum, which translated to an average annual decrease in expenditure of $192 million.

The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $241 million which explained 125.3% of the total annual change. The next largest contribution to this change is private engineering with a positive contribution in terms of average annual change of $117 million which explained -61% of the total annual change. Other sector contributions were other dwelling construction with a negative contribution of $54 million which explained 28.2% of the total annual change, private non-residential building with a negative contribution of $15 million which explained 7.7% of the total annual change and public non-residential building with a positive contribution of $6 million which explained -3.3% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $192 million. This represents a contribution to total Queensland construction growth of 8.6%, this change in total construction expenditure in Gold Coast is in the same direction as that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for Gold Coast total construction is an increase of 6.6% per annum, which translated to an average annual increase in expenditure of $323 million.

The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $285 million which explained 88.4% of the total annual change. The next largest contribution to this change is private non-residential building with a positive contribution in terms of average annual change of $95 million which explained 29.3% of the total annual change. Other sector contributions were private engineering with a negative contribution of $83 million which explained -25.8% of the total annual change, other dwelling construction with a positive contribution of $52 million which explained 16.3% of the total annual change and public non-residential building with a negative contribution of $27 million which explained -8.5% of the total annual change.


For the 2022-2027 period, the average rate of growth for Gold Coast total construction is an increase of 2.1% per annum, which translated to an average annual increase in expenditure of $132 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $86 million which explained 65.5% of the total annual change. The next largest contribution to this change is other dwelling construction with a positive contribution in terms of average annual change of $42 million which explained 32% of the total annual change. Other sector contributions were public engineering with a positive contribution of $30 million which explained 22.8% of the total annual change, new dwelling construction with a negative contribution of $29 million which explained -22.2% of the total annual change and public non-residential building with a positive contribution of $24 million which explained 17.9% of the total annual change.


For Gold Coast total construction activity declined by 4.3% in 2017 the change was a decrease of $197 million.



57 57 57

For Gold Coast total construction activity increased by 14% in 2018 the change was an increase of $619 million.

For Gold Coast total construction activity increased by 10.8% in 2019 the change was an increase of $545 million.


Over the 2007-2012 period Gold Coast had an average annual average shortage of 388.2 in construction workers relative to the supply from residents. This means that Gold Coast construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in Gold Coast was operating above normal capacity was $388.2m.

Over the 2012-2017 period Gold Coast had an average annual average surplus of -330.3 in construction workers relative to the supply from residents. This means that Gold Coast construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in Gold Coast was operating below normal capacity was -$330.3m.

Over the 2017-2022 period Gold Coast is projected to have an average annual average surplus of -742.5 in construction workers relative to the supply from residents. This means that Gold Coast construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in Gold Coast will be operating below normal capacity is -$742.5m.

Over the 2022-2027 period Gold Coast is projected to have an average annual average surplus of -594.7 in construction workers relative to the supply from residents. This means that Gold Coast construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in Gold Coast will be operating below normal capacity is -$594.7m.



58 58 58

Figure 3.23: Queensland regional construction value of work done – Gold Coast (CVM $m)

3.7.3 Sunshine Coast


For the 2007-2012 period the average annual growth rate in population for Sunshine Coast was 2.3% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for Sunshine Coast was 6,90 or 7.4% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for Sunshine Coast was 2.1% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 2,900 or 5.9% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Sunshine coast would have declined. The decline in the effective unemployment rate would have been moderate.





59 59 59



For the 2017-2022 period the average annual employment growth for Sunshine Coast was 1.5% per annum compared to a Queensland total employment growth of 1.3%. The total number of net new employment positions created was 2,500 or 8% of the total net employment positions in Queensland.


For the 2022-2027 period the average annual growth rate in population for Sunshine Coast was 2% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for Sunshine Coast was 8,200 or 9.2% of the total change in Queensland's population.




Over the 2007-2012 period, the average rate of growth for Sunshine Coast total construction was a decline of 0% per annum, which translated to an average annual decrease in expenditure of $28 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $123 million which explained -435.2% of the total annual change. The next largest contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $101 million which explained 357.4% of the total annual change. Other sector contributions were other dwelling construction with a negative contribution of $49 million which explained 173% of the total annual change, private non-residential building with a negative contribution of $13 million which explained 47.4% of the total annual change and public engineering with a positive contribution of $12 million which explained -41.3% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $28 million. This represents a contribution to total Queensland construction growth of -0.8%, this change in total construction expenditure in Sunshine Coast is in the opposite direction to that of Queensland.

For the 2012-2017 period, the average rate of growth for Sunshine Coast total construction was an increase of 2% per annum, which translated to an average annual increase in expenditure of $45 million.



60 60 60

The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $86 million which explained 192% of the total annual change. The next largest contribution to this change is private engineering with a negative contribution in terms of average annual change of $79 million which explained -176.5% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $18 million which explained 39.8% of the total annual change, other dwelling construction with a positive contribution of $13 million which explained 29.2% of the total annual change and public engineering with a positive contribution of $4 million which explained 9% of the total annual change.

The average change in total construction expenditure over this period was an increase of $45 million. This represents a contribution to total Queensland construction growth of -2%, this change in total construction expenditure in Sunshine Coast is in the opposite direction to that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for Sunshine Coast total construction is an increase of 3.3% per annum, which translated to an average annual increase in expenditure of $122 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $48 million which explained 39% of the total annual change. The next largest contribution to this change is public engineering with a positive contribution in terms of average annual change of $36 million which explained 29.2% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $24 million which explained 19.4% of the total annual change, new dwelling construction with a positive contribution of $17 million which explained 14% of the total annual change and public non-residential building with a negative contribution of $6 million which explained -5.3% of the total annual change.

The average change in total construction expenditure over this period was an increase of $122 million. This represents a contribution to total Queensland construction growth of 9.2%, this change in total construction expenditure in Sunshine Coast is in the same direction as that of Queensland.

For the 2022-2027 period, the average rate of growth for Sunshine Coast total construction is an increase of 2.8% per annum, which translated to an average annual increase in expenditure of $122 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $54 million which explained 44.7% of the total annual change. The next largest contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $43 million which explained 35% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $27 million which explained 22.5% of the total annual change, public engineering with a negative contribution of $12 million which explained -9.5% of the total annual change and private non-residential building with a positive contribution of $7 million which explained 5.4% of the total annual change.

The average change in total construction expenditure over this period was an increase of $122 million. This represents a contribution to total Queensland construction growth of 14.6%, this change in total construction expenditure in Sunshine Coast is in the same direction as that of Queensland.

For Sunshine Coast total construction activity increased by 0.6% in 2017 the change was an increase of $22 million.





61 61 61


Over the 2007-2012 period Sunshine Coast had an average annual average shortage of 205.9 in construction workers relative to the supply from residents. This means that Sunshine Coast construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in Sunshine Coast was operating above normal capacity was $205.9m.

Over the 2012-2017 period Sunshine Coast had an average annual average surplus of -482.4 in construction workers relative to the supply from residents. This means that Sunshine Coast construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in Sunshine Coast was operating below normal capacity was -$482.4m.

Over the 2017-2022 period Sunshine Coast is projected to have an average annual average surplus of -698.2 in construction workers relative to the supply from residents. This means that Sunshine Coast construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in Sunshine Coast will be operating below normal capacity is -$698.2m.

Over the 2022-2027 period Sunshine Coast is projected to have an average annual average surplus of -644.3 in construction workers relative to the supply from residents. This means that Sunshine Coast construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in Sunshine Coast will be operating below normal capacity is -$644.3m.

Figure 3.24: Queensland regional construction value of work done – Sunshine Coast (CVM $m)



62 62 62

3.7.4 West Moreton


For the 2007-2012 period the average annual growth rate in population for West Morton was 2.3% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for West Morton was 2,000 or 2.2% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for West Morton was 2.3% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 900 or 1.9% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of West Morton would have declined. The decline in the effective unemployment rate would have been moderate.




For the 2017-2022 period the average annual growth rate in population for West Morton was 2% per annum compared to a Queensland average annual population growth rate of 1.7%. The average annual change in the population for West Morton was 2,200 or 2.6% of the total change in Queensland's population.




For the 2022-2027 period the average annual employment growth for West Morton was 1.9% per annum compared to a Queensland total employment growth of 1.4%. The total number of net new employment positions created was 1,000 or 2.6% of the total net employment positions in Queensland.




63 63 63


Over the 2007-2012 period, the average rate of growth for West Morton total construction was a decline of 0.5% per annum, which translated to an average annual decrease in expenditure of $14 million.

The most significant contribution to this change is public non-residential building with a negative contribution in terms of average annual change of $7 million which explained 49.3% of the total annual change. The next largest contribution to this change is other dwelling construction with a negative contribution in terms of average annual change of $5 million which explained 33.4% of the total annual change. Other sector contributions were public engineering with a negative contribution of $3 million which explained 18.9% of the total annual change, private non-residential building with a negative contribution of $2 million which explained 17.8% of the total annual change and

The average change in total construction expenditure over this period was a decrease of $14 million. This represents a contribution to total Queensland construction growth of -0.4%, this change in total construction expenditure in West Morton is in the opposite direction to that of Queensland.

For the 2012-2017 period, the average rate of growth for West Morton total construction was a decline of 0.8% per annum, which translated to an average annual decrease in expenditure of $6 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $9 million which explained 159.4% of the total annual change. The next largest contribution to this change is private non-residential building with a positive contribution in terms of average annual change of $5 million which explained -84.1% of the total annual change. Other sector contributions were public non-residential building with a negative contribution of $3 million which explained 58.5% of the total annual change, new dwelling construction with a positive contribution of $2 million which explained -35.3% of the total annual change and other dwelling construction with a positive contribution of $0 million which explained -3.1% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $6 million. This represents a contribution to total Queensland construction growth of 0.3%, this change in total construction expenditure in West Morton is in the same direction as that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for West Morton total construction is an increase of 3.6% per annum, which translated to an average annual increase in expenditure of $20 million.

The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $7 million which explained 34.2% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $6 million which explained 31.2% of the total annual change, other dwelling construction with a positive contribution of $3 million which explained 17.5% of the total annual change and private engineering with a negative contribution of $2 million which explained -8.7% of the total annual change.

The average change in total construction expenditure over this period was an increase of $20 million. This represents a contribution to total Queensland construction growth of 1.5%, this change in total construction expenditure in West Morton is in the same direction as that of Queensland.

For the 2022-2027 period, the average rate of growth for West Morton total construction is an increase of 3.7% per annum, which translated to an average annual increase in expenditure of $24 million.



64 64 64

The average change in total construction expenditure over this period was an increase of $24 million. This represents a contribution to total Queensland construction growth of 2.9%, this change in total construction expenditure in West Morton is in the same direction as that of Queensland.

For West Morton total construction activity increased by 5.3% in 2017 the change was an increase of $26 million.




Over the 2007-2012 period West Morton had an average annual average shortage of 35.9 in construction workers relative to the supply from residents. This means that West Morton construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in West Morton was operating above normal capacity was $35.9m.

Over the 2012-2017 period West Morton had an average annual average surplus of -49 in construction workers relative to the supply from residents. This means that West Morton construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in West Morton was operating below normal capacity was -$49m.

Over the 2017-2022 period West Morton is projected to have an average annual average surplus of -45.2 in construction workers relative to the supply from residents. This means that West Morton construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in West Morton will be operating below normal capacity is -$45.2m.

Over the 2022-2027 period West Morton is projected to have an average annual average surplus of -11 in construction workers relative to the supply from residents. This means that West Morton construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in West Morton will be operating below normal capacity is -$11m.



65 65 65

Figure 3.25: Queensland regional construction value of work done – West Moreton (CVM $m)

3.7.5 Wide Bay/Burnett


For the 2007-2012 period the average annual growth rate in population for Wide Bay-Burnett was 1.9% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for Wide Bay-Burnett was 5,100 or 5.5% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for Wide Bay-Burnett was 1.3% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 1,400 or 2.8% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Wide Bay-Burnett would have declined. The decline in the effective unemployment rate would have been moderate.

For the 2012-2017 period the average annual growth rate in population for Wide Bay-Burnett was 0.8% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for Wide Bay-Burnett was 2,400 or 3.2% of the total change in Queensland's population.

For the 2012-2017 period the average annual employment growth for Wide Bay-Burnett was 0.1% per annum compared to a Queensland total employment growth of 0.7%. The total number of net new employment positions created was zero or 0.3% of the total net employment positions in Queensland.



66 66 66


For the 2017-2022 period the average annual growth rate in population for Wide Bay-Burnett was 1% per annum compared to a Queensland average annual population growth rate of 1.7%. The average annual change in the population for Wide Bay-Burnett was 3,100 or 3.6% of the total change in Queensland's population.

For the 2017-2022 period the average annual employment growth for Wide Bay-Burnett was 1.1% per annum compared to a Queensland total employment growth of 1.3%. The total number of net new employment positions created was 1,200 or 3.8% of the total net employment positions in Queensland.


For the 2022-2027 period the average annual growth rate in population for Wide Bay-Burnett was 1% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for Wide Bay-Burnett was 3,200or 3.6% of the total change in Queensland's population.

For the 2022-2027 period the average annual employment growth for Wide Bay-Burnett was 0.7% per annum compared to a Queensland total employment growth of 1.4%. The total number of net new employment positions created was 800 or 2.2% of the total net employment positions in Queensland.



Over the 2007-2012 period, the average rate of growth for Wide Bay/Burnett total construction was a decline of 6.6% per annum, which translated to an average annual decrease in expenditure of $124 million.

The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $88 million which explained 70.9% of the total annual change. The next largest contribution to this change is private non-residential building with a negative contribution in terms of average annual change of $20 million which explained 15.9% of the total annual change. Other sector contributions were other dwelling construction with a negative contribution of $17 million which explained 14% of the total annual change, public engineering with a positive contribution of $12 million which explained -9.6% of the total annual change and private engineering with a negative contribution of $7 million which explained 5.9% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $124 million. This represents a contribution to total Queensland construction growth of -3.5%, this change in total construction expenditure in Wide Bay/Burnett is in the opposite direction to that of Queensland.

For the 2012-2017 period, the average rate of growth for Wide Bay/Burnett total construction was a decline of 1.8% per annum, which translated to an average annual decrease in expenditure of $29 million.

The average change in total construction expenditure over this period was a decrease of $29 million. This represents a contribution to total Queensland construction growth of 1.3%, this change in total construction expenditure in Wide Bay/Burnett is in the same direction as that of Queensland.



67 67 67

Over the 2017-2022 projection period, the average rate of growth for Wide Bay/Burnett total construction is an increase of 5% per annum, which translated to an average annual increase in expenditure of $66 million.

The most significant contribution to this change is public engineering with a positive contribution in terms of average annual change of $42 million which explained 64.2% of the total annual change. The next largest contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $9 million which explained 13% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $7 million which explained 11.1% of the total annual change, private engineering with a positive contribution of $5 million which explained 8.3% of the total annual change and public non-residential building with a positive contribution of $3 million which explained 4.4% of the total annual change.

The average change in total construction expenditure over this period was an increase of $66 million. This represents a contribution to total Queensland construction growth of 4.9%, this change in total construction expenditure in Wide Bay/Burnett is in the same direction as that of Queensland.

For the 2022-2027 period, the average rate of growth for Wide Bay/Burnett total construction is an increase of 1.9% per annum, which translated to an average annual increase in expenditure of $29 million.

The average change in total construction expenditure over this period was an increase of $29 million. This represents a contribution to total Queensland construction growth of 3.5%, this change in total construction expenditure in Wide Bay/Burnett is in the same direction as that of Queensland.

For Wide Bay/Burnett total construction activity declined by 0.4% in 2017 the change was a decrease of $5 million.

For Wide Bay/Burnett total construction activity increased by 11.1% in 2018 the change was an increase of $135 million.

For Wide Bay/Burnett total construction activity declined by 2.2% in 2019 the change was a decrease of $29 million.


Over the 2007-2012 period Wide Bay/Burnett had an average annual average shortage of 212.2 in construction workers relative to the supply from residents. This means that Wide Bay/Burnett construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in Wide Bay/Burnett was operating above normal capacity was $212.2m.

Over the 2012-2017 period Wide Bay/Burnett had an average annual average surplus of -145.3 in construction workers relative to the supply from residents. This means that Wide Bay/Burnett construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in Wide Bay/Burnett was operating below normal capacity was -$145.3m.

Over the 2017-2022 period Wide Bay/Burnett is projected to have an average annual average surplus of -144.4 in construction workers relative to the supply from residents. This means that Wide Bay/Burnett construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of



68 68 68

construction workers is predicted to be -3927.7. The degree to which the construction industry in Wide Bay/Burnett will be operating below normal capacity is -$144.4m.

Over the 2022-2027 period Wide Bay/Burnett is projected to have an average annual average surplus of -30.9 in construction workers relative to the supply from residents. This means that Wide Bay/Burnett construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in Wide Bay/Burnett will be operating below normal capacity is -$30.9m.

Figure 3.26: Queensland regional construction value of work done – Wide Bay-Burnett (CVM $m)

3.7.6 Darling Downs


For the 2007-2012 period the average annual growth rate in population for Darling Downs was 1.4% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for Darling Downs was 3,100 or 3.3% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for Darling Downs was 1.4% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 1,500 or 3% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Darling Downs would have declined. The decline in the effective unemployment rate would have been moderate.



69 69 69

For the 2012-2017 period the average annual growth rate in population for Darling Downs was 1% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for Darling Downs was 2,300 or 3.1% of the total change in Queensland's population.

For the 2012-2017 period the average annual employment growth for Darling Downs was 0.3% per annum compared to a Queensland total employment growth of 0.7%. The total number of net new employment positions created was 300 or 1.8% of the total net employment positions in Queensland.









Over the 2007-2012 period, the average rate of growth for Darling Downs total construction was an increase of 2.9% per annum, which translated to an average annual increase in expenditure of $68 million.

The average change in total construction expenditure over this period was an increase of $68 million. This represents a contribution to total Queensland construction growth of 1.9%, this change in total construction expenditure in Darling Downs is in the same direction as that of Queensland.

For the 2012-2017 period, the average rate of growth for Darling Downs total construction was an increase of 2% per annum, which translated to an average annual increase in expenditure of $24 million.

The most significant contribution to this change is public engineering with a positive contribution in terms of average annual change of $34 million which explained 140.1% of the total annual change. The next largest contribution to this change is private non-residential building with a positive contribution in terms of average annual change of $28 million which explained 113.5% of the total annual change. Other sector contributions were private engineering with a negative contribution of $18 million which explained -73.9% of the total annual change, other dwelling construction with a negative contribution



70 70 70

of $16 million which explained -67% of the total annual change and new dwelling construction with a negative contribution of $3 million which explained -11.2% of the total annual change.

The average change in total construction expenditure over this period was an increase of $24 million. This represents a contribution to total Queensland construction growth of -1.1%, this change in total construction expenditure in Darling Downs is in the opposite direction to that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for Darling Downs total construction is a decline of 1.2% per annum, which translated to an average annual decrease in expenditure of $52 million.

The average change in total construction expenditure over this period was a decrease of $52 million. This represents a contribution to total Queensland construction growth of -3.9%, this change in total construction expenditure in Darling Downs is in the opposite direction to that of Queensland.

For the 2022-2027 period, the average rate of growth for Darling Downs total construction is a decline of 0.7% per annum, which translated to an average annual decrease in expenditure of $23 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $21 million which explained 93.4% of the total annual change. The next largest contribution to this change is private non-residential building with a negative contribution in terms of average annual change of $15 million which explained 66.3% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $8 million which explained -33.6% of the total annual change, new dwelling construction with a positive contribution of $5 million which explained -23.4% of the total annual change and public non-residential building with a positive contribution of $2 million which explained -8.8% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $23 million. This represents a contribution to total Queensland construction growth of -2.7%, this change in total construction expenditure in Darling Downs is in the opposite direction to that of Queensland.

For Darling Downs total construction activity declined by 7.4% in 2017 the change was a decrease of $187 million.

For Darling Downs total construction activity increased by 30% in 2018 the change was an increase of $702 million.

For Darling Downs total construction activity declined by 10.7% in 2019 the change was a decrease of $326 million.


Over the 2007-2012 period Darling Downs had an average annual average shortage of 302.2 in construction workers relative to the supply from residents. This means that Darling Downs construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in Darling Downs was operating above normal capacity was $302.2m.

Over the 2012-2017 period Darling Downs had an average annual average surplus of -48.2 in construction workers relative to the supply from residents. This means that Darling Downs construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in Darling Downs was operating below normal capacity was -$48.2m.



71 71 71

Over the 2017-2022 period Darling Downs is projected to have an average annual average surplus of -399 in construction workers relative to the supply from residents. This means that Darling Downs construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in Darling Downs will be operating below normal capacity is -$399m.

Over the 2022-2027 period Darling Downs is projected to have an average annual average surplus of -728.9 in construction workers relative to the supply from residents. This means that Darling Downs construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in Darling Downs will be operating below normal capacity is -$728.9m.

Figure 3.27: Queensland regional construction value of work done – Darling Downs (CVM $m)

3.7.7 South West


For the 2007-2012 period there was no growth in population for South West. The growth rate for Queensland was 2.2%. The average annual change in the population for South West was 100 or 0.1% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for South West was 0.8% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 100 or 0.2% of the total net employment positions in Queensland.



72 72 72

During this time the effective underlying unemployment rate of South West would have declined. The decline in the effective unemployment rate would have been strong.

For the 2012-2017 period the average annual growth rate in population for South West was -1.2% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for South West was -300 or -0.4% of the total change in Queensland's population.

For the 2012-2017 period the average annual employment growth for South West was -1.5% per annum compared to a Queensland total employment growth of 0.7%. The total number of net new employment positions created was -200 or -1.3% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of South West would have declined. The decline in the effective unemployment rate would have been moderate.

For the 2017-2022 period there was no growth in population for South West. The growth rate for Queensland was 1.7%. The average annual change in the population for South West was -100 or -0.1% of the total change in Queensland's population.

For the 2017-2022 period the average annual employment growth for South West was -0.6% per annum compared to a Queensland total employment growth of 1.3%. The total number of net new employment positions created was -100 or -0.3% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of South West would have declined. The decline in the effective unemployment rate would have been strong.

For the 2022-2027 period there was no growth in population for South West. The growth rate for Queensland was 1.6%. There was little change in the population of South West.

For the 2022-2027 period the average annual employment growth for South West was -0.1% per annum compared to a Queensland total employment growth of 1.4%. The total number of net new employment positions created was zero or 0% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of South West would have increased. The increase in the effective unemployment rate would have been moderate.


Over the 2007-2012 period, the average rate of growth for South West total construction was an increase of 35.8% per annum, which translated to an average annual increase in expenditure of $125.9 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $121 million which explained 96.1% of the total annual change. The next largest contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $4.5 million which explained 3.5% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $3.9 million which explained 3.1% of the total annual change, public engineering with a negative contribution of $2.6 million which explained -2% of the total annual change and other dwelling construction with a negative contribution of $0.4 million which explained -0.3% of the total annual change.

The average change in total construction expenditure over this period was an increase of $126 million. This represents a contribution to total Queensland construction growth of 3.5%, this change in total construction expenditure in South West is in the same direction as that of Queensland.

For the 2012-2017 period, the average rate of growth for South West total construction was a decline of 14% per annum, which translated to an average annual decrease in expenditure of $114.7 million.



73 73 73

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $105 million which explained 91.5% of the total annual change. The next largest contribution to this change is public engineering with a negative contribution in terms of average annual change of $5.4 million which explained 4.7% of the total annual change. Other sector contributions were new dwelling construction with a negative contribution of $2 million which explained 1.7% of the total annual change, other dwelling construction with a negative contribution of $1 million which explained 0.9% of the total annual change and private non-residential building with a negative contribution of $0.7 million which explained 0.6% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $115 million. This represents a contribution to total Queensland construction growth of 5.1%, this change in total construction expenditure in South West is in the same direction as that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for South West total construction is a decline of 5.3% per annum, which translated to an average annual decrease in expenditure of $36.6 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $48.5 million which explained 132.5% of the total annual change. The next largest contribution to this change is public engineering with a positive contribution in terms of average annual change of $8 million which explained -21.7% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $2.1 million which explained -5.7% of the total annual change, private non-residential building with a positive contribution of $1.3 million which explained -3.5% of the total annual change and other dwelling construction with a positive contribution of $0.6 million which explained -1.5% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $37 million. This represents a contribution to total Queensland construction growth of -2.7%, this change in total construction expenditure in South West is in the opposite direction to that of Queensland.

For the 2022-2027 period, the average rate of growth for South West total construction is an increase of 1.8% per annum, which translated to an average annual increase in expenditure of $6.4 million.

The average change in total construction expenditure over this period was an increase of $6 million. This represents a contribution to total Queensland construction growth of 0.8%, this change in total construction expenditure in South West is in the same direction as that of Queensland.

For South West total construction activity declined by 44.5% in 2017 the change was a decrease of $419 million.

For South West total construction activity declined by 46.1% in 2018 the change was a decrease of $241 million.

For South West total construction activity increased by 13.8% in 2019 the change was an increase of $39 million.


Over the 2007-2012 period South West had an average annual average shortage of 112.1 in construction workers relative to the supply from residents. This means that South West construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in South West was operating above normal capacity was $112.1m.



74 74 74

Over the 2012-2017 period South West had an average annual average surplus of -30.5 in construction workers relative to the supply from residents. This means that South West construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in South West was operating below normal capacity was -$30.5m.

Over the 2017-2022 period South West is projected to have an average annual average surplus of -231.2 in construction workers relative to the supply from residents. This means that South West construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in South West will be operating below normal capacity is -$231.2m.

Over the 2022-2027 period South West is projected to have an average annual average surplus of -239.6 in construction workers relative to the supply from residents. This means that South West construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in South West will be operating below normal capacity is -$239.6m.

Figure 3.28: Queensland regional construction value of work done – South West (CVM $m)



75 75 75

3.7.8 Fitzroy


For the 2007-2012 period the average annual growth rate in population for Fitzroy was 1.8% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for Fitzroy was 3,700 or 4% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for Fitzroy was 2.5% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 2,600 or 5.3% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Fitzroy would have declined. The decline in the effective unemployment rate would have been moderate.

For the 2012-2017 period the average annual growth rate in population for Fitzroy was 0.8% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for Fitzroy was 1,800 or 2.4% of the total change in Queensland's population.

For the 2012-2017 period the average annual employment growth for Fitzroy was 0.3% per annum compared to a Queensland total employment growth of 0.7%. The total number of net new employment positions created was 300 or 1.7% of the total net employment positions in Queensland.










76 76 76


Over the 2007-2012 period, the average rate of growth for Fitzroy total construction was an increase of 56.9% per annum, which translated to an average annual increase in expenditure of $3030.3 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $2917.6 million which explained 96.3% of the total annual change. The next largest contribution to this change is private non-residential building with a positive contribution in terms of average annual change of $54.9 million which explained 1.8% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $38.4 million which explained 1.3% of the total annual change, public non-residential building with a positive contribution of $14.8 million which explained 0.5% of the total annual change and public engineering with a positive contribution of $7.3 million which explained 0.2% of the total annual change.

The average change in total construction expenditure over this period was an increase of $3030 million. This represents a contribution to total Queensland construction growth of 84.4%, this change in total construction expenditure in Fitzroy is in the same direction as that of Queensland.

For the 2012-2017 period, the average rate of growth for Fitzroy total construction was a decline of 12.7% per annum, which translated to an average annual decrease in expenditure of $2312.7 million.



77 77 77

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $2252.2 million which explained 97.4% of the total annual change. The next largest contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $34.1 million which explained 1.5% of the total annual change. Other sector contributions were private non-residential building with a negative contribution of $13.4 million which explained 0.6% of the total annual change, public non-residential building with a negative contribution of $8.2 million which explained 0.4% of the total annual change and public engineering with a negative contribution of $7.3 million which explained 0.3% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $2313 million. This represents a contribution to total Queensland construction growth of 103.7%, this change in total construction expenditure in Fitzroy is in the same direction as that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for Fitzroy total construction is an increase of 5.9% per annum, which translated to an average annual increase in expenditure of $228.9 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $80.2 million which explained 35% of the total annual change. The next largest contribution to this change is public engineering with a positive contribution in terms of average annual change of $65 million which explained 28.4% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $50.6 million which explained 22.1% of the total annual change, private non-residential building with a positive contribution of $24.6 million which explained 10.7% of the total annual change and other dwelling construction with a positive contribution of $4.5 million which explained 2% of the total annual change.


For the 2022-2027 period, the average rate of growth for Fitzroy total construction is an increase of 1.6% per annum, which translated to an average annual increase in expenditure of $63.3 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $46.4 million which explained 73.3% of the total annual change. The next largest contribution to this change is public engineering with a negative contribution in terms of average annual change of $17.5 million which explained -27.6% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $15.9 million which explained 25.2% of the total annual change, other dwelling construction with a positive contribution of $9.2 million which explained 14.5% of the total annual change and private non-residential building with a positive contribution of $6.4 million which explained 10.1% of the total annual change.


For Fitzroy total construction activity increased by 12% in 2017 the change was an increase of $376 million.

For Fitzroy total construction activity increased by 8.2% in 2018 the change was an increase of $289 million.

For Fitzroy total construction activity increased by 10.9% in 2019 the change was an increase of $413 million.



78 78 78


Over the 2007-2012 period Fitzroy had an average annual average shortage of 2885.9 in construction workers relative to the supply from residents. This means that Fitzroy construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in Fitzroy was operating above normal capacity was $2885.9m.

Over the 2012-2017 period Fitzroy had an average annual average shortage of 7876.9 in construction workers relative to the supply from residents. This means that Fitzroy construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in Fitzroy was operating above normal capacity was $7876.9m.

Over the 2017-2022 period Fitzroy is projected to have an average annual average surplus of -13.9 in construction workers relative to the supply from residents. This means that Fitzroy construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in Fitzroy will be operating below normal capacity is -$13.9m.

Over the 2022-2027 period Fitzroy is projected to have an average annual average surplus of -154 in construction workers relative to the supply from residents. This means that Fitzroy construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in Fitzroy will be operating below normal capacity is -$154m.

Figure 3.29: Queensland regional construction value of work done – Fitzroy (CVM $m)



79 79 79

3.7.9 Central West


For the 2007-2012 period there was no growth in population for Central West. The growth rate for Queensland was 2.2%. There was little change in the population of Central West.

For the 2007-2012 period the average annual employment growth for Central West was -0.2% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was zero or 0% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Central West would have increased. The increase in the effective unemployment rate would have been moderate.

For the 2012-2017 period the average annual growth rate in population for Central West was -2.4% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for Central West was -300 or -0.4% of the total change in Queensland's population.

For the 2012-2017 period the average annual employment growth for Central West was -3.3% per annum compared to a Queensland total employment growth of 0.7%. The total number of net new employment positions created was -200 or -1.3% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Central West would have declined. The decline in the effective unemployment rate would have been strong.

For the 2017-2022 period the average annual growth rate in population for Central West was -0.7% per annum compared to a Queensland average annual population growth rate of 1.7%. The average annual change in the population for Central West was -100 or -0.1% of the total change in Queensland's population.

For the 2017-2022 period the average annual employment growth for Central West was -2.2% per annum compared to a Queensland total employment growth of 1.3%. The total number of net new employment positions created was -100 or -0.4% of the total net employment positions in Queensland.


For the 2022-2027 period there was no growth in population for Central West. The growth rate for Queensland was 1.6%. There was little change in the population of Central West.

For the 2022-2027 period the average annual employment growth for Central West was -1% per annum compared to a Queensland total employment growth of 1.4%. The total number of net new employment positions created was -100 or -0.1% of the total net employment positions in Queensland.



Over the 2007-2012 period, the average rate of growth for Central West total construction was an increase of 13.7% per annum, which translated to an average annual increase in expenditure of $20 million.



80 80 80

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $22 million which explained 107.6% of the total annual change. The next largest contribution to this change is public engineering with a negative contribution in terms of average annual change of $4 million which explained -19% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $1 million which explained 5.6% of the total annual change, other dwelling construction with a positive contribution of $0 million which explained 0.7% of the total annual change.

The average change in total construction expenditure over this period was an increase of $20 million. This represents a contribution to total Queensland construction growth of 0.6%, this change in total construction expenditure in Central West is in the same direction as that of Queensland.

For the 2012-2017 period, the average rate of growth for Central West total construction was an increase of 32.7% per annum, which translated to an average annual increase in expenditure of $30 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $34 million which explained 113.1% of the total annual change. The next largest contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $1 million which explained -3.3% of the total annual change.

The average change in total construction expenditure over this period was an increase of $30 million. This represents a contribution to total Queensland construction growth of -1.3%, this change in total construction expenditure in Central West is in the opposite direction to that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for Central West total construction is an increase of 61.5% per annum, which translated to an average annual increase in expenditure of $113 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $106 million which explained 93.6% of the total annual change. The next largest contribution to this change is public engineering with a positive contribution in terms of average annual change of $5 million which explained 4.9% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $2 million which explained 1.6% of the total annual change, public non-residential building with a negative contribution of $1 million which explained -0.6% of the total annual change and new dwelling construction with a positive contribution of $0 million which explained 0.3% of the total annual change.

The average change in total construction expenditure over this period was an increase of $113 million. This represents a contribution to total Queensland construction growth of 8.5%, this change in total construction expenditure in Central West is in the same direction as that of Queensland.

For the 2022-2027 period, the average rate of growth for Central West total construction is a decline of 3.8% per annum, which translated to an average annual decrease in expenditure of $109 million.



81 81 81

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $110 million which explained 101.6% of the total annual change. The next largest contribution to this change is public engineering with a positive contribution in terms of average annual change of $2 million which explained -1.9% of the total annual change. Other sector contributions were private non-residential building with a negative contribution of $1 million which explained 0.5% of the total annual change, new dwelling construction with a positive contribution of $0 million which explained 0% of the total annual change and.

The average change in total construction expenditure over this period was a decrease of $109 million. This represents a contribution to total Queensland construction growth of -13.1%, this change in total construction expenditure in Central West is in the opposite direction to that of Queensland.

For Central West total construction activity declined by 28.5% in 2017 the change was a decrease of $56 million.

For Central West total construction activity increased by 164.9% in 2018 the change was an increase of $230 million.

For Central West total construction activity increased by 34.4% in 2019 the change was an increase of $127 million.


Over the 2007-2012 period Central West had an average annual average surplus of -6.1 in construction workers relative to the supply from residents. This means that Central West construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in Central West was operating below normal capacity was -$6.1m.

Over the 2012-2017 period Central West had an average annual average surplus of -12.6 in construction workers relative to the supply from residents. This means that Central West construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in Central West was operating below normal capacity was -$12.6m.

Over the 2017-2022 period Central West is projected to have an average annual average shortage of 1256.6 in construction workers relative to the supply from residents. This means that Central West construction worker requirements for a balanced labour market will have to be met by import of labour from other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in Central West will be operating above normal capacity is $1256.6m.

Over the 2022-2027 period Central West is projected to have an average annual average shortage of 476.9 in construction workers relative to the supply from residents. This means that Central West construction worker requirements for a balanced labour market will have to be met by import of labour from other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in Central West will be operating above normal capacity is $476.9m.



82 82 82

Figure 3.30: Queensland regional construction value of work done – Central West (CVM $m)

3.7.10 Mackay


For the 2007-2012 period the average annual growth rate in population for Mackay was 2.2% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for Mackay was 3,500 or 3.8% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for Mackay was 2.8% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 2,500 or 5% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Mackay would have declined. The decline in the effective unemployment rate would have been moderate.

For the 2012-2017 period there was no growth in population for Mackay. The growth rate for Queensland was 1.6%. The average annual change in the population for Mackay was 500 or 0.7% of the total change in Queensland's population.

For the 2007-2012 period there was no change in employment for Mackay. The growth rate for Queensland total employment was 0.7%. The total number of net new employment positions created was zero or -0.2% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Mackay would have increased. The increase in the effective unemployment rate would have been moderate.



83 83 83


For the 2017-2022 period the average annual employment growth for Mackay was 1% per annum compared to a Queensland total employment growth of 1.3%. The total number of net new employment positions created was 900 or 3% of the total net employment positions in Queensland.



For the 2022-2027 period the average annual employment growth for Mackay was 1.1% per annum compared to a Queensland total employment growth of 1.4%. The total number of net new employment positions created was 1,100 or 3.1% of the total net employment positions in Queensland.



Over the 2007-2012 period, the average rate of growth for Mackay total construction was an increase of 12.5% per annum, which translated to an average annual increase in expenditure of $373 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $348 million which explained 93.2% of the total annual change. The next largest contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $22 million which explained 5.8% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $18 million which explained 4.8% of the total annual change, public engineering with a negative contribution of $14 million which explained -3.8% of the total annual change and other dwelling construction with a negative contribution of $6 million which explained -1.6% of the total annual change.

The average change in total construction expenditure over this period was an increase of $373 million. This represents a contribution to total Queensland construction growth of 10.4%, this change in total construction expenditure in Mackay is in the same direction as that of Queensland.

For the 2012-2017 period, the average rate of growth for Mackay total construction was an increase of 0.7% per annum, which translated to an average annual decrease in expenditure of $78 million.

The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $44 million which explained 56.9% of the total annual change. The next largest contribution to this change is private non-residential building with a negative contribution in terms of average annual change of $38 million which explained 48.6% of the total annual change. Other sector contributions were public non-residential building with a negative contribution of $17 million which explained 21.4% of the total annual change, other dwelling construction with a positive contribution of $12 million which explained -15.6% of the total annual change and private engineering with a positive contribution of $8 million which explained -10.4% of the total annual change.



84 84 84

The average change in total construction expenditure over this period was a decrease of $78 million. This represents a contribution to total Queensland construction growth of 3.5%, this change in total construction expenditure in Mackay is in the same direction as that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for Mackay total construction is an increase of 4% per annum, which translated to an average annual increase in expenditure of $59 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $94 million which explained -159.6% of the total annual change. The next largest contribution to this change is public engineering with a positive contribution in terms of average annual change of $75 million which explained 126.6% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $49 million which explained 83.5% of the total annual change, private non-residential building with a positive contribution of $21 million which explained 35.2% of the total annual change and public non-residential building with a positive contribution of $6 million which explained 10.2% of the total annual change.

The average change in total construction expenditure over this period was an increase of $59 million. This represents a contribution to total Queensland construction growth of 4.4%, this change in total construction expenditure in Mackay is in the same direction as that of Queensland.

For the 2022-2027 period, the average rate of growth for Mackay total construction is a decline of 3% per annum, which translated to an average annual decrease in expenditure of $118 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $115 million which explained 97.9% of the total annual change. The next largest contribution to this change is public engineering with a negative contribution in terms of average annual change of $40 million which explained 33.6% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $20 million which explained -17.2% of the total annual change, other dwelling construction with a positive contribution of $8 million which explained -6.5% of the total annual change and public non-residential building with a positive contribution of $5 million which explained -4.5% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $118 million. This represents a contribution to total Queensland construction growth of -14.2%, this change in total construction expenditure in Mackay is in the opposite direction to that of Queensland.

For Mackay total construction activity declined by 14.2% in 2017 the change was a decrease of $359 million.

For Mackay total construction activity increased by 30.8% in 2018 the change was an increase of $669 million.

For Mackay total construction activity declined by 2.1% in 2019 the change was a decrease of $59 million.


Over the 2007-2012 period Mackay had an average annual average shortage of 110.1 in construction workers relative to the supply from residents. This means that Mackay construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in Mackay was operating above normal capacity was $110.1m.



85 85 85

Over the 2012-2017 period Mackay had an average annual average surplus of -484.3 in construction workers relative to the supply from residents. This means that Mackay construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in Mackay was operating below normal capacity was -$484.3m.

Over the 2017-2022 period Mackay is projected to have an average annual average surplus of -677.9 in construction workers relative to the supply from residents. This means that Mackay construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in Mackay will be operating below normal capacity is -$677.9m.

Over the 2022-2027 period Mackay is projected to have an average annual average surplus of -835.6 in construction workers relative to the supply from residents. This means that Mackay construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in Mackay will be operating below normal capacity is -$835.6m.

Figure 3.31: Queensland regional construction value of work done – Mackay (CVM $m)



86 86 86

3.7.11 Northern


For the 2007-2012 period the average annual growth rate in population for Northern was 2% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for Northern was 4,300 or 4.6% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for Northern was 2% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 2,200 or 4.6% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Northern would have declined. The decline in the effective unemployment rate would have been moderate.

For the 2012-2017 period the average annual growth rate in population for Northern was 0.9% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for Northern was 2,100 or 2.8% of the total change in Queensland's population.

For the 2012-2017 period the average annual employment growth for Northern was -1.1% per annum compared to a Queensland total employment growth of 0.7%. The total number of net new employment positions created was -1,300 or -7.8% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Northern would have increased. The increase in the effective unemployment rate would have been moderate.


For the 2017-2022 period the average annual employment growth for Northern was 0.9% per annum compared to a Queensland total employment growth of 1.3%. The total number of net new employment positions created was 1,100 or 3.5% of the total net employment positions in Queensland.



For the 2022-2027 period the average annual employment growth for Northern was 1.3% per annum compared to a Queensland total employment growth of 1.4%. The total number of net new employment positions created was 1,600 or 4.4% of the total net employment positions in Queensland.




87 87 87


Over the 2007-2012 period, the average rate of growth for Northern total construction was an increase of 1% per annum, which translated to an average annual increase in expenditure of $19 million.

The average change in total construction expenditure over this period was an increase of $19 million. This represents a contribution to total Queensland construction growth of 0.5%, this change in total construction expenditure in Northern is in the same direction as that of Queensland.

For the 2012-2017 period, the average rate of growth for Northern total construction was an increase of 2.3% per annum, which translated to an average annual decrease in expenditure of $1 million.

The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $26 million which explained 1873.4% of the total annual change. The next largest contribution to this change is private engineering with a positive contribution in terms of average annual change of $14 million which explained -1036.2% of the total annual change. Other sector contributions were public engineering with a positive contribution of $11 million which explained -809.2% of the total annual change, public non-residential building with a negative contribution of $8 million which explained 571.5% of the total annual change and private non-residential building with a positive contribution of $4 million which explained -320.4% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $1 million. This represents a contribution to total Queensland construction growth of 0.1%, this change in total construction expenditure in Northern is in the same direction as that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for Northern total construction is an increase of 10.8% per annum, which translated to an average annual increase in expenditure of $184 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $79 million which explained 42.8% of the total annual change. The next largest contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $47 million which explained 25.3% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $26 million which explained 14% of the total annual change, public engineering with a positive contribution of $17 million which explained 9.5% of the total annual change and public non-residential building with a positive contribution of $9 million which explained 4.7% of the total annual change.


For the 2022-2027 period, the average rate of growth for Northern total construction is an increase of 2.2% per annum, which translated to an average annual increase in expenditure of $54 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $29 million which explained 53.8% of the total annual change. The next largest contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $17 million which explained 31.5% of the total annual change. Other sector contributions were public engineering with a negative contribution of $13 million which explained -24.4% of the total annual change, other dwelling construction with a positive contribution of $11 million which explained 20.1% of the total annual change and.



88 88 88


For Northern total construction activity declined by 8.4% in 2017 the change was a decrease of $148 million.

For Northern total construction activity increased by 44.8% in 2018 the change was an increase of $728 million.

For Northern total construction activity increased by 10.9% in 2019 the change was an increase of $257 million.


Over the 2007-2012 period Northern had an average annual average shortage of 47.5 in construction workers relative to the supply from residents. This means that Northern construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in Northern was operating above normal capacity was $47.5m.

Over the 2012-2017 period Northern had an average annual average surplus of -530.4 in construction workers relative to the supply from residents. This means that Northern construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in Northern was operating below normal capacity was -$530.4m.

Over the 2017-2022 period Northern is projected to have an average annual average surplus of -620.8 in construction workers relative to the supply from residents. This means that Northern construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in Northern will be operating below normal capacity is -$620.8m.

Over the 2022-2027 period Northern is projected to have an average annual average surplus of -662.7 in construction workers relative to the supply from residents. This means that Northern construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in Northern will be operating below normal capacity is -$662.7m.



89 89 89

Figure 3.32: Queensland regional construction value of work done – Northern (CVM $m)

3.7.12 Far North


For the 2007-2012 period the average annual growth rate in population for Far North was 2% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for Far North was 5,100 or 5.4% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for Far North was 1.2% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 1,500 or 3.1% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of Far North would have declined. The decline in the effective unemployment rate would have been moderate.

For the 2012-2017 period the average annual growth rate in population for Far North was 1.2% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for Far North was 3,300 or 4.4% of the total change in Queensland's population.

For the 2012-2017 period the average annual employment growth for Far North was -0.2% per annum compared to a Queensland total employment growth of 0.7%. The total number of net new employment positions created was -300 or -1.7% of the total net employment positions in Queensland.



90 90 90

During this time the effective underlying unemployment rate of Far North would have increased. The increase in the effective unemployment rate would have been moderate.


For the 2017-2022 period the average annual employment growth for Far North was 0.9% per annum compared to a Queensland total employment growth of 1.3%. The total number of net new employment positions created was 1,200or 3.9% of the total net employment positions in Queensland.



For the 2022-2027 period the average annual employment growth for Far North was 0.9% per annum compared to a Queensland total employment growth of 1.4%. The total number of net new employment positions created was 1,300 or 3.4% of the total net employment positions in Queensland.



Over the 2007-2012 period, the average rate of growth for Far North total construction was a decline of 1.3% per annum, which translated to an average annual decrease in expenditure of $30 million.

The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $71 million which explained 235.4% of the total annual change. The next largest contribution to this change is private engineering with a positive contribution in terms of average annual change of $47 million which explained -157.7% of the total annual change. Other sector contributions were other dwelling construction with a negative contribution of $22 million which explained 74.4% of the total annual change, public non-residential building with a positive contribution of $21 million which explained -69.1% of the total annual change and private non-residential building with a negative contribution of $12 million which explained 38.3% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $30 million. This represents a contribution to total Queensland construction growth of -0.8%, this change in total construction expenditure in Far North is in the opposite direction to that of Queensland.

For the 2012-2017 period, the average rate of growth for Far North total construction was an increase of 10.6% per annum, which translated to an average annual increase in expenditure of $192 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $205 million which explained 106.8% of the total annual change. The next largest contribution to this change is public non-residential building with a negative contribution in terms of average annual change of $33 million which explained -16.9% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $12 million which explained 6% of the total annual change, new dwelling construction



91 91 91

with a positive contribution of $3 million which explained 1.5% of the total annual change and private non-residential building with a positive contribution of $2 million which explained 1.3% of the total annual change.

The average change in total construction expenditure over this period was an increase of $192 million. This represents a contribution to total Queensland construction growth of -8.6%, this change in total construction expenditure in Far North is in the opposite direction to that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for Far North total construction is an increase of 12% per annum, which translated to an average annual increase in expenditure of $228 million.

The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $86 million which explained 37.6% of the total annual change. The next largest contribution to this change is private non-residential building with a positive contribution in terms of average annual change of $46 million which explained 20.3% of the total annual change. Other sector contributions were public engineering with a positive contribution of $41 million which explained 18.1% of the total annual change, private engineering with a positive contribution of $32 million which explained 14.2% of the total annual change and other dwelling construction with a positive contribution of $12 million which explained 5.5% of the total annual change.

The average change in total construction expenditure over this period was an increase of $228 million. This represents a contribution to total Queensland construction growth of 17.1%, this change in total construction expenditure in Far North is in the same direction as that of Queensland.

For the 2022-2027 period, the average rate of growth for Far North total construction is an increase of 5.9% per annum, which translated to an average annual increase in expenditure of $173 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $110 million which explained 63.9% of the total annual change. The next largest contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $33 million which explained 19.2% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $20 million which explained 11.7% of the total annual change, public non-residential building with a positive contribution of $8 million which explained 4.4% of the total annual change and private non-residential building with a positive contribution of $4 million which explained 2.6% of the total annual change.

The average change in total construction expenditure over this period was an increase of $173 million. This represents a contribution to total Queensland construction growth of 20.8%, this change in total construction expenditure in Far North is in the same direction as that of Queensland.

For Far North total construction activity increased by 37% in 2017 the change was an increase of $551 million.

For Far North total construction activity increased by 53.9% in 2018 the change was an increase of $1099 million.

For Far North total construction activity increased by 17.1% in 2019 the change was an increase of $537 million.


Over the 2007-2012 period Far North had an average annual average shortage of 104.2 in construction workers relative to the supply from residents. This means that Far North construction worker requirements for a balanced labour market would have had to be met by import of labour from other



92 92 92

regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in Far North was operating above normal capacity was $104.2m.

Over the 2012-2017 period Far North had an average annual average surplus of -193.2 in construction workers relative to the supply from residents. This means that Far North construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in Far North was operating below normal capacity was -$193.2m.

Over the 2017-2022 period Far North is projected to have an average annual average shortage of 888.1 in construction workers relative to the supply from residents. This means that Far North construction worker requirements for a balanced labour market will have to be met by import of labour from other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in Far North will be operating above normal capacity is $888.1m.

Over the 2022-2027 period Far North is projected to have an average annual average shortage of 877.4 in construction workers relative to the supply from residents. This means that Far North construction worker requirements for a balanced labour market will have to be met by import of labour from other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in Far North will be operating above normal capacity is $877.4m.

Figure 3.33: Queensland regional construction value of work done – Far North (CVM $m)



93 93 93

3.7.13 North West


For the 2007-2012 period the average annual growth rate in population for North West was 1.2% per annum compared to a Queensland average annual population growth rate of 2.2%. The average annual change in the population for North West was 400 or 0.4% of the total change in Queensland's population.

For the 2007-2012 period the average annual employment growth for North West was 1.9% per annum compared to a Queensland total employment growth of 2.3%. The total number of net new employment positions created was 400 or 0.7% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of North West would have declined. The decline in the effective unemployment rate would have been strong.

For the 2012-2017 period the average annual growth rate in population for North West was -1.9% per annum compared to a Queensland average annual population growth rate of 1.6%. The average annual change in the population for North West was -600 or -0.8% of the total change in Queensland's population.

For the 2012-2017 period the average annual employment growth for North West was -2.1% per annum compared to a Queensland total employment growth of 0.7%. The total number of net new employment positions created was -400 or -2.4% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of North West would have declined. The decline in the effective unemployment rate would have been moderate.

For the 2017-2022 period there was no growth in population for North West. The growth rate for Queensland was 1.7%. There was little change in the population of North West.

For the 2017-2022 period the average annual employment growth for North West was -1.2% per annum compared to a Queensland total employment growth of 1.3%. The total number of net new employment positions created was -200 or -0.7% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of North West would have increased. The increase in the effective unemployment rate would have been moderate.

For the 2022-2027 period there was no growth in population for North West. The growth rate for Queensland was 1.6%. The average annual change in the population for North West was 100 or 0.2% of the total change in Queensland's population.

For the 2007-2012 period there was no change in employment for North West. The growth rate for Queensland total employment was 1.4%. The total number of net new employment positions created was zero or 0% of the total net employment positions in Queensland.

During this time the effective underlying unemployment rate of North West would have declined. The decline in the effective unemployment rate would have been moderate.


Over the 2007-2012 period, the average rate of growth for North West total construction was an increase of 15.9% per annum, which translated to an average annual increase in expenditure of $103 million.



94 94 94

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $103 million which explained 100.2% of the total annual change. The next largest contribution to this change is public engineering with a negative contribution in terms of average annual change of $7 million which explained -6.8% of the total annual change. Other sector contributions were public non-residential building with a positive contribution of $4 million which explained 3.7% of the total annual change, private non-residential building with a positive contribution of $2 million which explained 2.1% of the total annual change and new dwelling construction with a positive contribution of $1 million which explained 0.7% of the total annual change.

The average change in total construction expenditure over this period was an increase of $103 million. This represents a contribution to total Queensland construction growth of 2.9%, this change in total construction expenditure in North West is in the same direction as that of Queensland.

For the 2012-2017 period, the average rate of growth for North West total construction was a decline of 1.6% per annum, which translated to an average annual decrease in expenditure of $56 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $52 million which explained 93.9% of the total annual change. The next largest contribution to this change is public non-residential building with a negative contribution in terms of average annual change of $2 million which explained 4.4% of the total annual change. Other sector contributions were other dwelling construction with a negative contribution of $1 million which explained 1.9% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $56 million. This represents a contribution to total Queensland construction growth of 2.5%, this change in total construction expenditure in North West is in the same direction as that of Queensland.

Over the 2017-2022 projection period, the average rate of growth for North West total construction is an increase of 17.8% per annum, which translated to an average annual increase in expenditure of $30 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $17 million which explained 56.6% of the total annual change. The next largest contribution to this change is public engineering with a positive contribution in terms of average annual change of $5 million which explained 15.7% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $4 million which explained 13% of the total annual change, other dwelling construction with a positive contribution of $0 million which explained 1.2% of the total annual change.

The average change in total construction expenditure over this period was an increase of $30 million. This represents a contribution to total Queensland construction growth of 2.2%, this change in total construction expenditure in North West is in the same direction as that of Queensland.

For the 2022-2027 period, the average rate of growth for North West total construction is a decline of 0.4% per annum, which translated to an average annual decrease in expenditure of $9 million.



95 95 95

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $8 million which explained 91.3% of the total annual change. The next largest contribution to this change is public engineering with a negative contribution in terms of average annual change of $3 million which explained 28.7% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $1 million which explained -5.8% of the total annual change, new dwelling construction with a positive contribution of $0 million which explained -1% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $9 million. This represents a contribution to total Queensland construction growth of -1.1%, this change in total construction expenditure in North West is in the opposite direction to that of Queensland.

For North West total construction activity declined by 14.9% in 2017 the change was a decrease of $68 million.

For North West total construction activity increased by 51.6% in 2018 the change was an increase of $199 million.

For North West total construction activity increased by 88.5% in 2019 the change was an increase of $517 million.


Over the 2007-2012 period North West had an average annual average shortage of 48.1 in construction workers relative to the supply from residents. This means that North West construction worker requirements for a balanced labour market would have had to be met by import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5250.3. The degree to which the construction industry in North West was operating above normal capacity was $48.1m.

Over the 2012-2017 period North West had an average annual average surplus of -57.5 in construction workers relative to the supply from residents. This means that North West construction worker requirements for a balanced labour market would have had to be met by the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 3788.3. The degree to which the construction industry in North West was operating below normal capacity was -$57.5m.

Over the 2017-2022 period North West is projected to have an average annual average surplus of -20.6 in construction workers relative to the supply from residents. This means that North West construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3927.7. The degree to which the construction industry in North West will be operating below normal capacity is -$20.6m.

Over the 2022-2027 period North West is projected to have an average annual average surplus of -174.5 in construction workers relative to the supply from residents. This means that North West construction worker requirements for a balanced labour market will have to be met by the export of labour services to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -5957.5. The degree to which the construction industry in North West will be operating below normal capacity is -$174.5m.



96 96 96

Figure 3.34: Queensland regional construction value of work done – North West (CVM $m)


Table 3.5 Formation of construction in Brisbane (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction -160.2 -99.5 -607.4 426.1 1671.9 1652.9 144.0 -570.5 -625.6 -543.0 -531.6 11.1 -58.9 52.2 527.7 228.2 -180.1

Other dwelling 132.2 -67.9 -746.7 -7.6 77.8 146.7 -74.7 388.0 -128.7 78.9 46.8 264.4 175.2 37.6 39.0 66.7 120.1

Private non-residential building -54.7 222.5 -76.8 4.8 58.3 545.4 -232.0 -106.4 400.8 -335.8 106.8 -43.9 181.3 239.8 -386.8 -145.9 48.5

Public non-residential building -38.4 62.3 -497.8 -467.3 -203.3 -139.4 0.9 78.3 34.1 -1.4 81.8 94.4 84.4 199.9 -56.2 27.0 -31.1

Private engineering 270.6 -201.5 -107.7 769.1 11.5 -2531.1 -82.7 -66.7 1354.6 -9.1 147.8 -140.5 144.4 357.9 51.7 285.2 331.3

Public engineering -4.9 92.0 -210.4 -258.6 -357.2 -213.8 18.6 600.9 260.1 448.1 239.4 -153.1 -36.1 -329.4 192.8 83.1 -139.0

Total construction 144.5 7.8 -2246.8 466.5 1259.1 -539.3 -225.9 323.5 1295.3 -362.3 91.1 32.4 490.3 557.9 368.3 544.3 149.7

Percentage point contribution to growth:

Private dwelling new construction -0.7 -0.5 -2.8 2.2 8.3 7.7 0.7 -2.8 -3.0 -2.4 -2.4 0.1 -0.3 0.2 2.3 1.0 -0.7

Other dwelling 0.6 -0.3 -3.4 0.0 0.4 0.7 -0.4 1.9 -0.6 0.4 0.2 1.2 0.8 0.2 0.2 0.3 0.5

Private non-residential building -0.3 1.0 -0.3 0.0 0.3 2.5 -1.1 -0.5 1.9 -1.5 0.5 -0.2 0.8 1.1 -1.7 -0.6 0.2

Public non-residential building -0.2 0.3 -2.3 -2.4 -1.0 -0.6 0.0 0.4 0.2 0.0 0.4 0.4 0.4 0.9 -0.2 0.1 -0.1

Private engineering 1.2 -0.9 -0.5 3.9 0.1 -11.8 -0.4 -0.3 6.4 0.0 0.7 -0.6 0.7 1.6 0.2 1.2 1.4

Public engineering 0.0 0.4 -1.0 -1.3 -1.8 -1.0 0.1 2.9 1.2 2.0 1.1 -0.7 -0.2 -1.5 0.8 0.4 -0.6

Total construction 0.7 0.0 -10.2 2.4 6.2 -2.5 -1.1 1.6 6.2 -1.6 0.4 0.1 2.2 2.5 1.6 2.3 0.6

Table 3.6 Formation of construction in Gold Coast (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction -672.7 -341.7 -143.2 127.7 304.4 681.1 523.3 -209.4 -3.6 -38.7 -88.7 95.1 70.1 83.8 248.6 115.5 -59.5

Other dwelling -189.3 -115.4 -83.6 61.3 1.2 33.5 -22.5 188.8 -134.2 23.4 16.5 94.1 64.3 17.5 19.1 29.8 48.9

Private non-residential building -52.5 -102.4 24.8 171.7 359.3 137.6 -76.3 -119.6 18.2 -113.5 21.9 -0.2 66.3 81.1 -88.9 -28.7 17.8

Public non-residential building 571.2 -615.5 -295.1 -40.1 -105.1 18.9 -13.5 3.0 14.6 19.6 36.6 34.6 33.3 73.4 1.6 27.2 -5.2

Private engineering 22.4 -128.4 284.4 330.2 81.6 -642.6 -32.1 -153.2 391.8 74.5 73.3 35.3 95.9 150.2 31.6 106.8 114.7

Public engineering -35.4 71.8 15.5 -32.2 -96.3 -17.9 34.7 115.9 42.2 47.4 53.4 -66.0 -13.0 -9.6 86.6 49.8 -61.1

Total construction -356.3 -1231.6 -197.1 618.6 545.2 210.8 413.6 -174.5 329.1 12.6 112.9 192.9 316.9 396.4 298.6 300.3 55.6


Private dwelling new construction -10.9 -5.8 -3.1 2.9 6.0 12.2 9.0 -3.4 -0.1 -0.6 -1.4 1.5 1.0 1.2 3.4 1.5 -0.7

Other dwelling -3.1 -2.0 -1.8 1.4 0.0 0.6 -0.4 3.0 -2.2 0.4 0.3 1.5 1.0 0.3 0.3 0.4 0.6

Private non-residential building -0.8 -1.8 0.5 3.9 7.1 2.5 -1.3 -1.9 0.3 -1.8 0.3 0.0 1.0 1.2 -1.2 -0.4 0.2

Public non-residential building 9.2 -10.5 -6.4 -0.9 -2.1 0.3 -0.2 0.0 0.2 0.3 0.6 0.5 0.5 1.0 0.0 0.4 -0.1

Private engineering 0.4 -2.2 6.2 7.5 1.6 -11.5 -0.6 -2.5 6.5 1.2 1.2 0.5 1.4 2.1 0.4 1.4 1.4

Public engineering -0.6 1.2 0.3 -0.7 -1.9 -0.3 0.6 1.9 0.7 0.7 0.8 -1.0 -0.2 -0.1 1.2 0.6 -0.8

Total construction -5.7 -21.1 -4.3 14.0 10.8 3.8 7.1 -2.8 5.5 0.2 1.8 3.0 4.7 5.7 4.0 3.9 0.7


Table 3.7 Formation of construction in Sunshine Coast (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction -118.2 -181.6 -100.1 52.4 260.6 183.4 130.7 -11.3 69.2 15.6 -34.4 46.3 20.4 35.8 141.8 60.9 -49.4

Other dwelling -123.5 -72.0 -48.1 44.0 1.1 25.4 -33.5 89.5 -53.0 12.4 9.5 60.1 39.8 9.2 9.9 16.4 28.4

Private non-residential building -2.3 34.4 89.4 393.3 33.5 -391.7 5.5 -23.0 32.2 -22.7 26.3 9.6 36.3 41.1 -41.6 -13.9 7.7

Public non-residential building -28.2 -64.6 -12.9 1.3 -22.2 78.8 -15.9 -11.4 -4.0 -16.4 -3.6 3.1 5.3 18.6 -6.3 1.1 -7.9

Private engineering 1022.9 -647.8 -159.4 212.4 10.6 -379.5 -33.4 -125.0 219.2 81.0 44.0 18.9 58.9 94.4 18.0 65.6 70.5

Public engineering 4.8 5.0 8.6 50.2 -35.3 -65.2 -31.1 96.9 28.5 71.8 34.7 -53.1 -14.3 -45.6 47.2 15.1 -18.4

Total construction 755.4 -926.6 -222.5 753.5 248.4 -548.8 22.2 15.9 292.2 141.7 76.5 84.9 146.3 153.4 169.0 145.3 30.8


Private dwelling new construction -3.5 -4.4 -3.1 1.7 6.9 4.6 3.8 -0.3 2.0 0.4 -0.9 1.2 0.5 0.8 3.2 1.3 -1.1

Other dwelling -3.6 -1.7 -1.5 1.5 0.0 0.6 -1.0 2.6 -1.5 0.3 0.2 1.5 1.0 0.2 0.2 0.4 0.6

Private non-residential building -0.1 0.8 2.8 13.1 0.9 -9.8 0.2 -0.7 0.9 -0.6 0.7 0.2 0.9 1.0 -0.9 -0.3 0.2

Public non-residential building -0.8 -1.6 -0.4 0.0 -0.6 2.0 -0.5 -0.3 -0.1 -0.4 -0.1 0.1 0.1 0.4 -0.1 0.0 -0.2

Private engineering 30.1 -15.6 -4.9 7.1 0.3 -9.5 -1.0 -3.6 6.3 2.1 1.1 0.5 1.4 2.2 0.4 1.4 1.5

Public engineering 0.1 0.1 0.3 1.7 -0.9 -1.6 -0.9 2.8 0.8 1.9 0.9 -1.3 -0.4 -1.1 1.1 0.3 -0.4

Total construction 22.2 -22.3 -6.9 25.1 6.6 -13.7 0.6 0.5 8.4 3.7 1.9 2.1 3.6 3.6 3.8 3.2 0.7

Table 3.8 Formation of construction in West Moreton (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction -29.1 -42.8 29.1 -39.4 -2.6 0.7 7.7 16.9 12.0 2.3 -5.0 7.6 2.2 5.3 22.5 9.9 -7.5

Other dwelling -4.4 -1.5 -19.4 2.2 1.3 3.9 -4.9 18.0 -13.7 1.8 1.3 9.9 6.5 1.3 1.4 2.5 4.5

Private non-residential building -1.9 0.9 -4.7 -2.5 -2.9 7.8 24.9 6.8 17.1 -0.9 6.8 1.0 6.4 7.1 -11.2 -4.5 0.5

Public non-residential building -186.3 -86.5 -7.3 9.7 -14.3 -9.7 -1.0 2.1 7.8 7.8 10.4 8.8 7.8 16.1 0.4 5.8 -1.4

Private engineering 20.9 -15.5 -6.5 -0.6 22.7 -38.1 -15.5 -17.9 15.5 0.4 -2.7 -3.9 -0.1 2.6 -2.2 0.9 1.1

Public engineering -37.1 -7.2 19.6 -4.0 -41.6 -4.5 15.1 13.8 -28.6 -12.8 2.1 14.1 3.2 -6.0 16.7 7.6 5.4

Total construction -237.8 -152.7 10.8 -34.5 -37.3 -39.9 26.3 39.7 10.1 -1.3 12.8 37.6 26.0 26.5 27.6 22.1 2.7


Private dwelling new construction -3.0 -5.7 4.9 -6.5 -0.5 0.1 1.6 3.2 2.1 0.4 -0.9 1.3 0.4 0.8 3.3 1.4 -1.0

Other dwelling -0.4 -0.2 -3.3 0.4 0.2 0.7 -1.0 3.5 -2.4 0.3 0.2 1.7 1.0 0.2 0.2 0.4 0.6

Private non-residential building -0.2 0.1 -0.8 -0.4 -0.5 1.5 5.0 1.3 3.1 -0.2 1.2 0.2 1.0 1.1 -1.7 -0.6 0.1

Public non-residential building -18.9 -11.6 -1.2 1.6 -2.5 -1.8 -0.2 0.4 1.4 1.4 1.8 1.5 1.3 2.5 0.1 0.8 -0.2

Private engineering 2.1 -2.1 -1.1 -0.1 4.0 -7.1 -3.1 -3.4 2.8 0.1 -0.5 -0.7 0.0 0.4 -0.3 0.1 0.1

Public engineering -3.8 -1.0 3.3 -0.7 -7.3 -0.8 3.0 2.6 -5.1 -2.2 0.4 2.4 0.5 -0.9 2.5 1.1 0.8

Total construction -24.1 -20.4 1.8 -5.7 -6.5 -7.5 5.3 7.6 1.8 -0.2 2.3 6.5 4.2 4.1 4.1 3.2 0.4


Table 3.9 Formation of construction in Wide Bay/Burnett (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction -129.3 -137.5 -42.8 -18.2 28.3 10.3 16.9 46.4 12.5 -5.7 -20.7 10.1 2.1 7.3 43.8 15.6 -24.3

Other dwelling 22.1 -66.8 -64.9 8.4 -0.4 9.3 -17.1 49.3 -41.9 2.8 1.0 25.1 15.3 0.8 1.0 3.8 9.2

Private non-residential building 28.4 -48.8 -39.2 44.4 31.3 21.2 4.3 -4.2 24.9 -24.0 3.5 -3.4 11.5 14.4 -23.1 -9.2 1.0

Public non-residential building 30.1 -66.8 -35.0 10.2 -2.5 -16.7 -4.5 4.6 -1.5 0.2 5.2 5.8 4.5 10.2 -4.7 1.7 -1.4

Private engineering -12.6 9.1 110.4 -100.6 18.5 -33.2 -13.0 -21.3 3.8 2.9 34.5 7.3 18.1 -19.6 -18.9 -20.7 -5.4

Public engineering 30.8 38.8 -17.8 -81.5 -50.8 -93.5 8.7 60.3 -27.0 52.7 100.6 24.5 -0.7 -37.0 80.7 33.4 -2.3

Total construction -30.6 -272.0 -89.2 -137.4 24.4 -102.5 -4.7 135.1 -29.2 29.0 124.1 69.4 50.8 -23.9 78.8 24.5 -23.2


Private dwelling new construction -7.1 -7.6 -2.8 -1.3 2.2 0.8 1.4 3.8 0.9 -0.4 -1.5 0.7 0.1 0.5 2.8 0.9 -1.4

Other dwelling 1.2 -3.7 -4.2 0.6 0.0 0.7 -1.4 4.0 -3.1 0.2 0.1 1.7 1.0 0.0 0.1 0.2 0.6

Private non-residential building 1.5 -2.7 -2.6 3.1 2.4 1.6 0.4 -0.3 1.8 -1.8 0.3 -0.2 0.7 0.9 -1.5 -0.6 0.1

Public non-residential building 1.6 -3.7 -2.3 0.7 -0.2 -1.3 -0.4 0.4 -0.1 0.0 0.4 0.4 0.3 0.6 -0.3 0.1 -0.1

Private engineering -0.7 0.5 7.2 -7.0 1.4 -2.5 -1.1 -1.7 0.3 0.2 2.5 0.5 1.2 -1.2 -1.2 -1.3 -0.3

Public engineering 1.7 2.2 -1.2 -5.7 -3.9 -7.1 0.7 4.9 -2.0 4.0 7.4 1.7 0.0 -2.3 5.1 2.0 -0.1

Total construction -1.7 -15.1 -5.8 -9.6 1.9 -7.7 -0.4 11.1 -2.2 2.2 9.2 4.7 3.3 -1.5 5.0 1.5 -1.4

Table 3.10 Formation of construction in Darling Downs (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction 31.8 -96.6 48.8 20.3 -4.8 -32.3 -48.4 -0.1 11.0 -4.0 -16.5 6.6 -1.7 3.7 34.0 10.6 -21.6

Other dwelling 58.2 17.2 -100.3 -16.3 8.7 5.4 -16.5 21.0 -7.5 3.1 1.6 19.2 12.0 1.5 1.6 3.6 7.5

Private non-residential building 58.4 15.0 -17.2 82.2 15.0 145.2 -36.4 -22.8 21.0 -100.1 -36.0 -33.4 -8.3 -1.5 -33.6 -14.5 1.5

Public non-residential building 37.1 -39.0 -26.1 2.3 35.7 6.2 -24.8 4.6 -9.3 -6.0 0.8 3.4 3.0 9.0 -5.2 2.4 -0.7

Private engineering 242.9 220.6 170.7 -75.0 126.0 -881.9 -53.2 605.4 -289.8 0.6 -117.7 -369.9 -54.3 71.0 -52.8 106.6 173.0

Public engineering 41.8 47.5 93.4 79.7 -83.1 28.5 -8.1 94.4 -51.0 -49.7 63.8 -1.4 5.6 -45.4 60.6 -7.3 -20.4

Total construction 470.3 164.8 169.3 93.1 97.6 -728.9 -187.4 702.5 -325.6 -156.1 -104.1 -375.5 -43.7 38.4 4.8 101.4 139.3


Private dwelling new construction 1.4 -3.5 1.7 0.7 -0.2 -1.0 -1.9 0.0 0.4 -0.1 -0.6 0.3 -0.1 0.2 1.6 0.5 -1.0

Other dwelling 2.6 0.6 -3.5 -0.5 0.3 0.2 -0.7 0.9 -0.2 0.1 0.1 0.8 0.6 0.1 0.1 0.2 0.3

Private non-residential building 2.6 0.5 -0.6 2.7 0.5 4.5 -1.4 -1.0 0.7 -3.7 -1.4 -1.4 -0.4 -0.1 -1.6 -0.7 0.1

Public non-residential building 1.6 -1.4 -0.9 0.1 1.1 0.2 -1.0 0.2 -0.3 -0.2 0.0 0.1 0.1 0.4 -0.2 0.1 0.0

Private engineering 10.7 8.1 5.9 -2.4 4.0 -27.1 -2.1 25.9 -9.5 0.0 -4.6 -15.0 -2.6 3.5 -2.5 5.1 7.9

Public engineering 1.8 1.7 3.2 2.6 -2.6 0.9 -0.3 4.0 -1.7 -1.8 2.5 -0.1 0.3 -2.2 2.9 -0.3 -0.9

Total construction 20.8 6.0 5.8 3.0 3.1 -22.4 -7.4 30.0 -10.7 -5.7 -4.1 -15.3 -2.1 1.9 0.2 4.9 6.4


Table 3.11 Formation of construction in South West (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction -4.1 6.5 24.4 1.3 -22.3 -8.8 -9.1 2.6 3.8 1.9 0.8 1.4 0.6 0.8 2.2 0.9 -0.9

Other dwelling 5.0 1.9 -7.9 -0.2 1.1 0.8 -1.8 1.7 -1.0 0.2 0.1 1.9 1.2 0.2 0.2 0.5 0.8

Private non-residential building 6.1 7.9 11.6 -0.9 -6.8 -3.3 -9.2 4.5 5.1 -2.7 -0.1 -0.4 1.6 2.3 -1.6 -0.2 0.8

Public non-residential building 7.8 -10.7 -3.2 6.7 -9.5 -2.2 3.6 0.8 -1.8 -0.4 0.6 0.9 0.8 1.9 -0.7 -0.1 -0.9

Private engineering 131.1 331.7 119.0 92.6 276.7 -456.2 -400.1 -261.9 35.4 7.1 -15.1 -8.1 -0.2 5.5 -4.5 1.9 2.2

Public engineering -7.5 60.7 -54.7 -10.4 3.9 19.7 -2.1 11.2 -2.5 11.0 13.2 6.9 5.4 -9.3 18.9 7.4 -1.8

Total construction 138.4 398.0 89.2 89.3 243.3 -450.0 -418.6 -241.2 38.9 17.2 -0.5 2.5 9.4 1.3 14.5 10.3 0.2


Private dwelling new construction -0.9 1.1 2.5 0.1 -1.9 -0.6 -1.0 0.5 1.3 0.6 0.2 0.4 0.2 0.2 0.6 0.2 -0.2

Other dwelling 1.2 0.3 -0.8 0.0 0.1 0.1 -0.2 0.3 -0.4 0.1 0.0 0.6 0.4 0.1 0.1 0.1 0.2

Private non-residential building 1.4 1.4 1.2 -0.1 -0.6 -0.2 -1.0 0.9 1.8 -0.8 0.0 -0.1 0.5 0.7 -0.5 -0.1 0.2

Public non-residential building 1.8 -1.9 -0.3 0.6 -0.8 -0.2 0.4 0.2 -0.7 -0.1 0.2 0.3 0.2 0.5 -0.2 0.0 -0.3

Private engineering 30.3 58.0 12.3 8.8 24.1 -32.8 -42.5 -50.1 12.6 2.2 -4.5 -2.4 -0.1 1.6 -1.3 0.5 0.6

Public engineering -1.7 10.6 -5.6 -1.0 0.3 1.4 -0.2 2.1 -0.9 3.4 3.9 2.0 1.6 -2.7 5.4 2.0 -0.5

Total construction 32.0 69.6 9.2 8.4 21.2 -32.3 -44.5 -46.1 13.8 5.4 -0.2 0.7 2.8 0.4 4.1 2.8 0.1

Table 3.12 Formation of construction in Fitzroy (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction 2.4 134.3 287.2 114.4 -454.7 -184.5 -59.5 92.6 83.9 41.0 9.9 25.7 9.3 12.8 48.1 20.0 -20.3

Other dwelling 27.6 -26.9 -27.8 33.7 -27.1 -7.5 -8.9 51.9 -55.1 3.0 2.3 20.4 13.5 3.0 3.2 5.5 9.6

Private non-residential building 9.8 52.6 246.5 149.4 -292.5 -170.1 -36.7 23.1 54.0 6.0 27.4 12.4 26.3 28.5 -26.5 -8.1 5.6

Public non-residential building 31.5 -8.7 50.4 92.5 -149.4 -46.9 0.5 3.4 -3.5 2.5 8.6 9.1 7.3 15.5 -5.4 -0.9 -8.7

Private engineering 2298.9 11901.0 2210.0 2736.7 -13802.0 -5212.9 528.5 26.8 276.8 -163.9 -52.8 314.2 495.1 -38.1 76.3 -176.3 -392.7

Public engineering 53.3 16.7 48.7 -104.9 -47.3 16.2 -47.8 91.4 56.8 162.7 82.0 -68.1 -56.2 -76.8 135.9 95.6 -135.2

Total construction 2423.4 12068.9 2815.1 3021.7 -14772.9 -5605.7 376.1 289.1 412.9 51.3 77.3 313.6 495.3 -55.1 231.6 -64.2 -541.6


Private dwelling new construction 0.1 2.4 1.6 0.6 -1.9 -2.1 -1.9 2.6 2.2 1.0 0.2 0.6 0.2 0.2 0.9 0.4 -0.4

Other dwelling 0.9 -0.5 -0.2 0.2 -0.1 -0.1 -0.3 1.5 -1.5 0.1 0.1 0.5 0.3 0.1 0.1 0.1 0.2

Private non-residential building 0.3 0.9 1.4 0.7 -1.2 -1.9 -1.2 0.7 1.4 0.1 0.6 0.3 0.6 0.6 -0.5 -0.2 0.1

Public non-residential building 1.0 -0.2 0.3 0.5 -0.6 -0.5 0.0 0.1 -0.1 0.1 0.2 0.2 0.2 0.3 -0.1 0.0 -0.2

Private engineering 72.2 212.3 12.5 13.4 -58.7 -59.7 16.9 0.8 7.3 -3.9 -1.2 7.2 10.6 -0.7 1.5 -3.3 -7.5

Public engineering 1.7 0.3 0.3 -0.5 -0.2 0.2 -1.5 2.6 1.5 3.9 1.9 -1.6 -1.2 -1.5 2.7 1.8 -2.6

Total construction 76.1 215.3 15.9 14.7 -62.8 -64.1 12.0 8.2 10.9 1.2 1.8 7.2 10.6 -1.1 4.5 -1.2 -10.3


Table 3.13 Formation of construction in Central West (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction 0.5 2.8 1.0 -4.2 -2.2 -1.8 -2.1 3.3 -0.4 -0.6 -0.4 -0.1 -0.1 0.0 0.3 0.1 -0.2

Other dwelling 2.8 3.4 -5.9 -1.1 0.4 -0.1 -0.7 0.6 -0.4 0.0 0.0 0.5 0.3 0.0 0.0 0.0 0.1

Private non-residential building 1.5 -1.0 -0.2 6.7 -1.5 -6.0 1.5 5.2 5.0 -0.7 0.4 -0.6 0.2 0.3 -2.1 -1.0 -0.1

Public non-residential building 6.8 4.0 -6.8 -4.2 -3.5 2.7 3.4 0.5 -2.4 -1.3 -0.3 0.2 0.4 1.3 -0.6 -0.1 -0.8

Private engineering 26.2 23.1 67.6 68.2 214.7 -314.5 -49.7 216.7 119.4 730.6 56.6 -595.1 115.4 -266.9 -227.7 135.5 176.5

Public engineering -8.9 9.6 -8.1 -4.7 1.8 7.4 -8.1 3.2 5.5 7.9 6.9 4.0 2.7 -5.5 9.5 3.3 -1.3

Total construction 28.7 41.9 47.6 60.7 209.7 -312.4 -55.6 229.6 126.7 735.9 63.2 -591.1 118.8 -270.9 -220.7 137.8 174.3


Private dwelling new construction 0.4 1.9 0.5 -1.8 -0.8 -0.4 -1.1 2.4 -0.1 -0.1 0.0 0.0 0.0 0.0 0.1 0.0 0.0

Other dwelling 2.3 2.3 -3.1 -0.5 0.1 0.0 -0.4 0.5 -0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Private non-residential building 1.2 -0.7 -0.1 2.8 -0.5 -1.2 0.8 3.7 1.3 -0.1 0.0 0.0 0.0 0.0 -0.4 -0.3 0.0

Public non-residential building 5.7 2.7 -3.6 -1.8 -1.2 0.5 1.8 0.4 -0.6 -0.3 0.0 0.0 0.1 0.2 -0.1 0.0 -0.2

Private engineering 22.1 15.7 35.7 28.8 72.2 -62.0 -25.5 155.7 32.4 147.4 4.6 -46.0 16.4 -32.5 -41.3 41.0 37.7

Public engineering -7.5 6.5 -4.3 -2.0 0.6 1.5 -4.1 2.3 1.5 1.6 0.6 0.3 0.4 -0.7 1.7 1.0 -0.3

Total construction 24.2 28.4 25.1 25.7 70.5 -61.6 -28.5 164.9 34.4 148.5 5.1 -45.7 16.9 -32.9 -40.0 41.7 37.2

Table 3.14 Formation of construction in Mackay (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction -77.8 -24.4 268.1 75.5 -391.9 -199.3 -75.0 57.2 89.6 49.1 16.4 33.2 18.5 16.4 44.1 19.6 -10.8

Other dwelling -21.5 -30.2 -8.7 27.2 7.5 6.0 -9.9 50.8 -58.5 0.9 0.9 17.7 11.5 1.9 2.2 4.3 8.2

Private non-residential building 128.2 0.3 -33.0 9.1 -76.4 -68.6 -90.0 32.3 44.4 1.3 17.7 7.8 19.9 21.4 -21.3 -7.6 3.3

Public non-residential building 124.4 -124.6 -44.5 35.7 -77.7 -18.8 3.5 2.1 3.7 6.0 9.5 8.9 7.5 15.1 -0.8 3.9 -2.9

Private engineering 283.9 761.6 1188.6 -339.6 -676.5 -372.9 -207.2 455.9 -205.1 -215.5 86.2 -590.9 587.9 4.3 -510.3 -251.2 69.3

Public engineering -89.7 -145.4 -14.1 -18.4 -7.6 -46.0 19.9 70.3 67.5 220.4 188.0 -173.5 -40.8 -24.3 97.6 -76.5 -19.5

Total construction 347.5 437.3 1356.5 -210.5 -1222.5 -699.6 -358.7 668.6 -58.5 62.2 318.7 -696.7 604.5 34.8 -388.4 -307.4 47.5


Private dwelling new construction -3.1 -0.9 8.1 1.6 -8.8 -6.2 -3.0 2.6 3.2 1.8 0.6 1.1 0.8 0.5 1.4 0.7 -0.4

Other dwelling -0.9 -1.1 -0.3 0.6 0.2 0.2 -0.4 2.3 -2.1 0.0 0.0 0.6 0.5 0.1 0.1 0.2 0.3

Private non-residential building 5.1 0.0 -1.0 0.2 -1.7 -2.1 -3.6 1.5 1.6 0.0 0.6 0.2 0.8 0.7 -0.7 -0.3 0.1

Public non-residential building 4.9 -4.3 -1.3 0.8 -1.7 -0.6 0.1 0.1 0.1 0.2 0.3 0.3 0.3 0.5 0.0 0.1 -0.1

Private engineering 11.3 26.5 35.9 -7.3 -15.2 -11.5 -8.2 21.0 -7.2 -7.7 3.0 -18.7 23.8 0.1 -16.4 -9.2 2.9

Public engineering -3.6 -5.1 -0.4 -0.4 -0.2 -1.4 0.8 3.2 2.4 7.9 6.6 -5.5 -1.7 -0.8 3.1 -2.8 -0.8

Total construction 13.8 15.2 41.0 -4.5 -27.5 -21.7 -14.2 30.8 -2.1 2.2 11.2 -22.0 24.5 1.1 -12.5 -11.3 2.0


Table 3.15 Formation of construction in Northern (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction -126.4 -3.1 22.9 -24.9 -10.7 -87.5 -117.7 62.4 89.2 44.1 10.4 26.5 9.2 13.5 51.7 21.4 -20.1

Other dwelling -50.9 -78.3 -46.4 46.2 -19.2 26.3 -31.6 39.6 -36.3 4.5 3.1 23.2 16.0 3.7 4.0 6.6 11.5

Private non-residential building 23.9 57.7 -0.9 -52.3 -21.3 80.7 -11.0 31.4 81.6 -15.7 27.4 3.8 30.0 33.7 -51.0 -20.3 2.7

Public non-residential building -4.3 -150.4 148.5 44.5 -273.8 -8.1 33.7 7.8 -5.2 2.8 17.6 20.0 17.9 39.9 -8.3 5.1 -11.6

Private engineering -39.5 86.4 204.7 64.5 -357.0 -225.7 -39.8 439.3 26.4 -93.9 -139.8 161.6 49.5 -83.2 132.2 -148.2 62.5

Public engineering -12.5 59.9 32.6 -48.3 -10.5 -72.2 18.0 147.6 101.3 72.3 -160.0 -74.1 -9.5 -17.3 45.4 -0.1 -23.7

Total construction -209.6 -27.7 361.4 29.6 -692.6 -286.4 -148.3 728.0 256.9 14.0 -241.2 161.1 113.0 -9.6 174.0 -135.5 21.3


Private dwelling new construction -4.9 -0.1 1.0 -0.9 -0.4 -4.2 -6.6 3.8 3.8 1.7 0.4 1.1 0.4 0.5 2.0 0.8 -0.7

Other dwelling -2.0 -3.3 -2.0 1.7 -0.7 1.3 -1.8 2.4 -1.5 0.2 0.1 1.0 0.6 0.1 0.2 0.2 0.4

Private non-residential building 0.9 2.4 0.0 -1.9 -0.8 3.9 -0.6 1.9 3.5 -0.6 1.0 0.2 1.2 1.3 -1.9 -0.7 0.1

Public non-residential building -0.2 -6.3 6.3 1.6 -9.9 -0.4 1.9 0.5 -0.2 0.1 0.7 0.8 0.7 1.5 -0.3 0.2 -0.4

Private engineering -1.5 3.6 8.7 2.4 -13.0 -10.9 -2.2 27.0 1.1 -3.6 -5.3 6.8 1.9 -3.1 5.0 -5.3 2.3

Public engineering -0.5 2.5 1.4 -1.8 -0.4 -3.5 1.0 9.1 4.3 2.8 -6.1 -3.1 -0.4 -0.7 1.7 0.0 -0.9

Total construction -8.1 -1.2 15.3 1.1 -25.2 -13.9 -8.4 44.8 10.9 0.5 -9.2 6.8 4.4 -0.4 6.6 -4.8 0.8

Table 3.16 Formation of construction in Far North (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction -114.9 24.9 -32.8 -75.8 0.9 70.9 -23.4 77.7 174.3 93.5 29.7 52.6 25.3 28.4 88.6 37.5 -33.3

Other dwelling -42.8 -73.4 -24.1 24.4 5.9 25.6 -8.9 46.8 -39.8 14.4 10.3 30.5 26.0 12.6 13.0 16.4 22.4

Private non-residential building -20.1 16.4 -30.3 -34.4 10.8 15.5 -13.7 66.4 93.0 16.1 40.3 15.1 34.1 35.4 -43.1 -17.3 2.3

Public non-residential building -183.8 3.2 -30.8 -136.1 -44.4 -9.0 16.3 9.0 -4.4 10.0 18.4 17.1 14.1 29.4 -6.2 2.6 -11.5

Private engineering 112.9 -36.9 80.1 54.5 -84.7 -206.2 588.7 799.2 296.1 -791.5 -511.4 369.5 -197.6 -127.1 -44.8 27.7 635.0

Public engineering -17.7 104.2 47.8 -33.3 -59.3 -32.5 -8.4 100.2 17.5 69.5 42.4 -24.1 -6.6 -40.8 59.3 18.2 -23.7

Total construction -266.5 38.3 10.0 -200.6 -170.8 -135.6 550.6 1099.2 536.8 -587.9 -370.4 460.7 -104.7 -62.1 66.8 85.1 591.3


Private dwelling new construction -5.2 1.3 -1.6 -3.8 0.1 4.4 -1.6 3.8 5.6 2.5 1.0 1.9 0.8 0.9 2.9 1.2 -1.1

Other dwelling -1.9 -3.8 -1.2 1.2 0.3 1.6 -0.6 2.3 -1.3 0.4 0.3 1.1 0.8 0.4 0.4 0.5 0.7

Private non-residential building -0.9 0.8 -1.5 -1.7 0.6 1.0 -0.9 3.3 3.0 0.4 1.3 0.6 1.1 1.2 -1.4 -0.6 0.1

Public non-residential building -8.3 0.2 -1.6 -6.8 -2.5 -0.6 1.1 0.4 -0.1 0.3 0.6 0.6 0.4 1.0 -0.2 0.1 -0.4

Private engineering 5.1 -1.9 4.0 2.7 -4.7 -12.7 39.5 39.2 9.4 -21.5 -16.6 13.6 -6.2 -4.1 -1.5 0.9 20.1

Public engineering -0.8 5.3 2.4 -1.7 -3.3 -2.0 -0.6 4.9 0.6 1.9 1.4 -0.9 -0.2 -1.3 2.0 0.6 -0.7

Total construction -12.0 2.0 0.5 -10.0 -9.5 -8.3 37.0 53.9 17.1 -16.0 -12.0 17.0 -3.3 -2.0 2.2 2.8 18.7


Table 3.17 Formation of construction in North West (CVM $m)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Change in:

Private dwelling new construction -1.4 -4.0 0.4 4.2 -4.7 -9.5 -2.3 14.7 3.9 0.9 -0.4 0.3 -0.4 0.1 2.1 0.5 -1.9

Other dwelling 3.6 2.4 -6.5 0.9 -0.4 4.5 -6.8 2.1 -1.9 0.4 0.3 1.0 0.7 0.3 0.3 0.4 0.5

Private non-residential building 10.7 5.3 1.1 36.4 3.0 -43.9 -13.6 7.9 7.9 -1.1 2.2 1.2 3.2 3.6 -2.9 -0.9 0.6

Public non-residential building 13.7 -1.4 5.1 -3.4 -20.2 -0.1 3.1 0.7 -1.3 0.1 1.2 1.4 1.1 2.5 -1.1 -0.3 -1.3

Private engineering 220.2 199.9 300.9 -91.7 -461.6 -210.4 -25.2 174.4 505.4 -129.1 -520.6 54.7 164.6 0.8 -180.8 -82.3 -6.8

Public engineering 24.4 0.0 14.6 -9.8 5.0 20.8 -22.7 -0.9 3.3 18.4 14.6 -12.0 -4.0 -9.9 13.1 3.6 -6.5

Total construction 271.2 202.2 315.6 -63.4 -478.8 -238.7 -67.5 198.9 517.4 -110.4 -502.7 46.6 165.2 -2.7 -169.3 -79.0 -15.4


Private dwelling new construction -0.3 -0.6 0.0 0.3 -0.4 -1.4 -0.5 3.8 0.7 0.1 0.0 0.1 -0.1 0.0 0.3 0.1 -0.4

Other dwelling 0.8 0.3 -0.7 0.1 0.0 0.6 -1.5 0.5 -0.3 0.0 0.0 0.2 0.1 0.0 0.0 0.1 0.1

Private non-residential building 2.4 0.7 0.1 2.9 0.3 -6.3 -3.0 2.1 1.4 -0.1 0.2 0.2 0.6 0.5 -0.4 -0.2 0.1

Public non-residential building 3.1 -0.2 0.6 -0.3 -1.7 0.0 0.7 0.2 -0.2 0.0 0.1 0.3 0.2 0.4 -0.2 -0.1 -0.3

Private engineering 49.5 27.9 32.8 -7.4 -39.4 -30.4 -5.5 45.2 86.5 -11.7 -52.5 11.2 30.7 0.1 -25.9 -15.6 -1.5

Public engineering 5.5 0.0 1.6 -0.8 0.4 3.0 -5.0 -0.2 0.6 1.7 1.5 -2.4 -0.7 -1.4 1.9 0.7 -1.5

Total construction 60.9 28.2 34.4 -5.1 -40.9 -34.5 -14.9 51.6 88.5 -10.0 -50.7 9.5 30.8 -0.4 -24.3 -14.9 -3.4



104 104 104

Table 3.18 Total construction: average annual growth rates by Queensland regions

1995-2015 2015-2020 2020-2027

Brisbane 3.8 0.5 1.4

Gold Coast 3.4 2.7 3.4

Sunshine Coast 4.0 -0.4 2.7

West Moreton 1.9 1.3 3.5

Wide Bay/Burnett 1.0 0.4 2.9

Darling Downs 6.8 -4.7 -1.4

South West 13.3 -24.7 1.5

Fitzroy 10.1 -13.4 1.5

Central West 8.6 19.4 -8.9

Mackay 7.2 -2.5 -2.1

Northern 3.2 5.0 0.4

Far North 0.2 13.7 2.8

North West 6.1 7.5 -11.1

Queensland 4.6 -0.9 1.2

Note: Fiscal years.

Table 3.19 Drivers of construction growth by Queensland region 2014-2026 (average annual $ million change between span years)

2014-2019 2020-2027

Dwellings Non-residential

construction Dwellings

Non-residential

construction Dwellings Non-residential

construction Dwellings

Non-residential

construction

Brisbane 536.4 87.3 536.4 87.3 536.4 87.3 536.4 87.3

Gold Coast 272.6 47.4 272.6 47.4 272.6 47.4 272.6 47.4

Sunshine Coast 132.4 -63.6 132.4 -63.6 132.4 -63.6 132.4 -63.6

West Moreton 7.8 7.7 7.8 7.7 7.8 7.7 7.8 7.7

Wide Bay/Burnett 22.7 11.4 22.7 11.4 22.7 11.4 22.7 11.4

Darling Downs -12.7 26.9 -12.7 26.9 -12.7 26.9 -12.7 26.9

South West -6.6 -3.8 -6.6 -3.8 -6.6 -3.8 -6.6 -3.8

Fitzroy -113.8 -123.6 -113.8 -123.6 -113.8 -123.6 -113.8 -123.6

Central West -0.7 1.0 -0.7 1.0 -0.7 1.0 -0.7 1.0

Mackay -104.7 -49.1 -104.7 -49.1 -104.7 -49.1 -104.7 -49.1

Northern -17.1 -16.9 -17.1 -16.9 -17.1 -16.9 -17.1 -16.9

Far North 66.0 27.9 66.0 27.9 66.0 27.9 66.0 27.9

North West -0.1 -11.3 -0.1 -11.3 -0.1 -11.3 -0.1 -11.3

Queensland 782.3 -58.6 782.3 -58.6 782.3 -58.6 782.3 -58.6


Table 3.20 Contribution of each region to Queensland construction growth

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 Average

2003-2010 Average

2010-2017 Average

2017-2027

Percentage point contribution

Brisbane 0.3 0.0 -3.6 0.7 1.8 -1.0 -0.5 0.7 2.7 -0.7 0.2 0.1 1.0 1.0 0.7 1.0 0.3 3.6 -0.5 0.6

Gold Coast -0.7 -2.4 -0.3 1.0 0.8 0.4 0.9 -0.4 0.7 0.0 0.2 0.4 0.6 0.7 0.5 0.5 0.1 1.0 0.0 0.4

Sunshine Coast 1.6 -1.8 -0.4 1.2 0.4 -1.0 0.0 0.0 0.6 0.3 0.1 0.2 0.3 0.3 0.3 0.3 0.1 0.5 0.0 0.2

West Moreton -0.5 -0.3 0.0 -0.1 -0.1 -0.1 0.1 0.1 0.0 0.0 0.0 0.1 0.1 0.0 0.1 0.0 0.0 0.2 -0.1 0.0

Wide Bay/ Burnett -0.1 -0.5 -0.1 -0.2 0.0 -0.2 0.0 0.3 -0.1 0.1 0.2 0.1 0.1 0.0 0.1 0.0 0.0 0.3 -0.1 0.1

Darling Downs 1.0 0.3 0.3 0.1 0.1 -1.3 -0.4 1.6 -0.7 -0.3 -0.2 -0.7 -0.1 0.1 0.0 0.2 0.2 0.4 0.0 0.0

South West 0.3 0.8 0.1 0.1 0.4 -0.8 -0.9 -0.5 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.1 -0.1 -0.1

Fitzroy 5.0 23.4 4.5 4.7 -21.4 -10.3 0.8 0.6 0.8 0.1 0.1 0.6 1.0 -0.1 0.4 -0.1 -1.0 0.7 0.9 0.3

Central West 0.1 0.1 0.1 0.1 0.3 -0.6 -0.1 0.5 0.3 1.4 0.1 -1.1 0.2 -0.5 -0.4 0.2 0.3 0.0 0.0 0.1

Mackay 0.7 0.8 2.2 -0.3 -1.8 -1.3 -0.8 1.5 -0.1 0.1 0.6 -1.3 1.2 0.1 -0.7 -0.6 0.1 0.6 0.0 0.0

Northern -0.4 -0.1 0.6 0.0 -1.0 -0.5 -0.3 1.6 0.5 0.0 -0.5 0.3 0.2 0.0 0.3 -0.2 0.0 0.4 -0.2 0.2

Far North -0.6 0.1 0.0 -0.3 -0.2 -0.2 1.2 2.5 1.1 -1.1 -0.7 0.9 -0.2 -0.1 0.1 0.2 1.1 0.3 0.0 0.4

North West 0.6 0.4 0.5 -0.1 -0.7 -0.4 -0.2 0.4 1.1 -0.2 -1.0 0.1 0.3 0.0 -0.3 -0.1 0.0 0.1 0.0 0.0

Queensland 7.2 20.9 3.9 6.9 -21.3 -17.4 -0.2 8.9 7.0 -0.3 -0.7 -0.5 4.6 1.5 1.2 1.4 1.1 8.2 -0.3 2.2



106 106 106

4. Queensland construction: Resources, capacity and price pressures

4.1 Utilisation of capacity

Over 2006 and 2009 the Queensland construction sector was operating above normal capacity levels. The excess demand averaged $4.9 billion over these years, implying an excess demand rate of 10.5%.

The slowing of construction projects over 2010 and 2011 brought the Queensland construction sector back to demand-supply balance. With excess demand averaging 1.4% or $0.6 billion.

However, rising levels of mining investment from 2012 to 2014 increased excess demand to average $12.4 billion, or 4% of the construction activity.

Over the 2015 to 2017 period total construction expenditure fell by a total of 17.6% or 9% per annum. Over this period excess capacity averaged 13% reaching $6.9 billion by 2017.

These poor prospects mean that the excess capacity will be a feature of the projection period with excess capacity averaging 9.2% over 2018 and2019 with an average value of $3.3 billion.

4.2 Labour shortages

The estimate of labour shortages is a different concept to capacity utilisation. Capacity utilisation is measured by the ratio of desired employment to actual employment, given the level of construction activity. Labour shortages are measured by the difference between desired employment and the capacity of the region to supply construction labour.

Looking at the state as a whole, construction labour was in surplus from 2012 to 2017. From 2006 to 2011 there was a shortage of construction labour. At the regional level the picture is different. Over the 2012 to 2015 period Fitzroy had a shortage of construction labour, whilst Brisbane had a surplus. The reasons behind the difference across the regions vary with the characteristics of each region. Fitzroy was in a mining construction boom over that period, huge amounts were being invested in mining and LNG projects. The other regions suffered from a lack of projects as investment dollars were soaked up in Fitzroy and to a lesser extent Darling Downs.

In 2018 at the state level there is a 26,000 excess of construction workers, and by 2019 this has fallen to 16,700 as projects in the Far North ramp up.

4.3 Queensland construction sector unemployment rates

The latest estimates of construction sector unemployment for Queensland would indicate that as at June 2017 there are 10,400 unemployed construction workers in Queensland, this was down 3.7% on the figure for same period in 2016. The latest estimate for the number employed in the construction sector for the June quarter 2017 is just under 245,000 in trend terms which 12% above the levels of June quarter 2016.



107 107 107

The implied unemployment rate for the construction industry for June quarter 2017 is 4.1%, this is lower than for the June quarter 2016 when the unemployment rate was 4.4%.

The unemployment rate for the construction sector is projected range from 3.8% to 4.0% over the next two years.

4.4 Construction cost inflation

The next two years will see average construction costs increase at 1.7% per annum in real terms. Slow growth in the residential sector – which is labour intensive will keep prices down for residential construction. The other sectors Non-residential building and Engineering construction are both expected to experience stronger growth over the next two years than the residential sector. Construction costs for non-residential building will rise by an average of 2.5% per annum, whilst for engineering construction prices will rise by 3% per annum over the next two years.

Figure 4.1: Unused capacity in Queensland’s construction sector



108 108 108

Figure 4.2: Real construction costs versus labour shortage

Figure 4.3: Annual growth in Queensland construction employment (%)


Table 4.1 Unutilised capacity in Queensland construction sectors (a positive represents excess capacity)

Fiscal years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Queensland -6.9 -15.5 -16.7 -11.2 -7.2 -10.2 -12.1 -13.6 -11.9 -11.6 -11.3 -11.2 -11.2

Table 4.2 Construction industry employment by Queensland regions

Fiscal years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 98890 101664 104262 100911 103408 102204 101376 100478 101001 102136 102843 103940 103942

Gold Coast 33059 34084 34912 34488 35402 35459 35647 36173 37256 38781 40048 41223 41466

Sunshine Coast 16384 16169 19495 17320 17494 17870 18092 18290 18667 19112 19617 20058 20131

West Moreton 4340 4575 4626 4748 4810 4784 4815 5004 5171 5331 5492 5621 5632

Wide Bay/Burnett 7816 8637 9025 9003 8795 8799 9294 9681 9947 9848 10086 10186 10041

Darling Downs 8911 8462 8765 9460 8873 8290 7828 6826 6385 6287 6221 6364 6643

South West 835 787 849 452 357 338 330 326 329 328 335 341 341

Fitzroy 12337 9562 9192 8902 9411 9573 9671 10114 10929 11006 11295 11201 10294

Central West 344 253 257 400 548 1218 1461 1028 990 749 493 524 667

Mackay 10043 7646 9173 9469 9350 9389 10060 8605 9465 9726 8879 7894 7645

Northern 9780 7697 7679 9726 11062 11420 10704 10899 11213 11194 11614 11260 11132

Far North 10879 9794 10676 16469 20310 18867 16782 17904 17684 17241 17243 17445 19644

North West 947 696 707 845 1433 1480 956 842 971 1000 831 696 636

Queensland 214565 210025 219620 222193 231252 229690 227017 226170 230009 232740 234996 236753 238214


Table 4.3 Queensland regional construction excess capacity utilisation rates (positive denotes shortage of capacity) – %

Fiscal years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane -4.5 -7.4 -11.2 -11.6 -7.9 -11.0 -12.3 -14.6 -14.2 -13.6 -13.7 -13.2 -14.1

Gold Coast -6.5 -10.8 -8.2 -13.3 -10.5 -12.3 -12.7 -13.0 -10.9 -7.9 -6.3 -4.8 -6.1

Sunshine Coast -10.6 -18.3 -20.8 -22.3 -17.6 -16.4 -16.6 -17.4 -16.2 -14.9 -13.3 -12.3 -13.4

West Moreton -7.8 -13.5 -11.3 -6.2 -6.6 -8.9 -8.9 -6.0 -4.0 -1.9 0.1 1.4 -0.2

Wide Bay/Burnett -8.7 -17.0 -18.8 -10.6 -13.6 -12.8 -5.9 -3.6 -1.5 -4.1 -0.3 0.1 -2.3

Darling Downs 9.6 -13.6 -21.4 1.4 -10.5 -16.6 -20.8 -34.3 -36.3 -35.7 -36.1 -33.6 -29.9

South West 4.2 -12.1 -50.6 -73.3 -69.7 -68.2 -68.3 -68.5 -67.7 -67.6 -66.3 -65.3 -65.4

Fitzroy 31.2 -34.6 -5.7 -1.6 4.3 0.9 -1.8 0.7 6.8 0.0 -0.6 -6.4 -19.8

Central West 15.1 -45.3 -60.2 6.1 42.7 254.8 273.4 101.2 135.8 58.6 -4.6 35.6 86.7

Mackay -22.1 -28.6 -38.9 -20.3 -23.1 -22.6 -15.3 -35.6 -21.0 -21.2 -32.0 -40.5 -40.2

Northern -35.5 -42.4 -48.0 -25.4 -18.8 -19.8 -28.5 -25.7 -23.6 -25.1 -21.3 -26.2 -26.7

Far North -20.8 -32.9 -10.1 36.8 57.9 30.7 13.4 29.6 23.7 19.7 20.8 22.7 43.8

North West -34.3 -44.1 -51.8 -26.9 36.6 22.0 -40.3 -35.7 -16.3 -17.0 -37.5 -47.1 -49.1

Queensland -6.9 -15.5 -16.7 -11.2 -7.2 -10.2 -12.1 -13.6 -11.9 -11.6 -11.3 -11.2 -11.2

Table 4.4 Queensland regional construction – excess demand (2010 $m)

Fiscal years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane -970 -1555 -2328 -2439 -1758 -2423 -2706 -3218 -3209 -3151 -3230 -3182 -3423

Gold Coast -362 -625 -512 -800 -670 -785 -823 -865 -761 -585 -484 -380 -493

Sunshine Coast -425 -634 -723 -780 -668 -644 -663 -711 -684 -652 -607 -578 -634

West Moreton -42 -67 -59 -35 -38 -51 -52 -37 -26 -13 1 10 -1

Wide Bay/Burnett -116 -207 -228 -143 -180 -173 -87 -56 -25 -64 -5 2 -38

Darling Downs 312 -344 -501 42 -285 -425 -512 -714 -739 -741 -751 -733 -695

South West 59 -114 -265 -206 -223 -230 -230 -233 -236 -237 -242 -245 -245

Fitzroy 2726 -1084 -198 -59 181 38 -79 34 348 -2 -32 -339 -933

Central West 76 -88 -84 23 212 3138 3539 712 1117 323 -15 167 558

Mackay -715 -725 -844 -575 -643 -644 -483 -877 -643 -658 -870 -977 -988

Northern -731 -752 -780 -599 -491 -521 -679 -654 -628 -664 -602 -705 -724

Far North -338 -490 -205 1154 2127 948 365 940 728 592 641 717 1646

North West -238 -200 -200 -158 404 218 -197 -191 -114 -119 -198 -212 -213

Queensland -761 -6886 -6927 -4575 -2034 -1553 -2609 -5870 -4872 -5970 -6396 -6454 -6184


Table 4.5 Queensland regional construction – labour shortage (+) or surplus (-) – number

Fiscal years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane -4850 -8118 -12539 -13048 -8932 -12608 -14130 -17071 -16772 -16179 -16434 -15922 -17129

Gold Coast -2395 -4077 -3207 -5250 -4219 -4989 -5196 -5420 -4605 -3391 -2730 -2083 -2717

Sunshine Coast -2103 -3721 -4324 -4710 -3763 -3534 -3609 -3867 -3629 -3367 -3045 -2835 -3116

West Moreton -385 -673 -573 -318 -344 -468 -472 -324 -216 -107 8 77 -9

Wide Bay/Burnett -870 -1695 -1888 -1062 -1367 -1288 -596 -367 -157 -415 -33 11 -232

Darling Downs 913 -1303 -2064 134 -1009 -1597 -2008 -3336 -3525 -3461 -3496 -3245 -2887

South West 47 -132 -541 -771 -728 -707 -703 -706 -691 -684 -664 -648 -642

Fitzroy 3538 -3916 -491 -139 397 84 -180 76 714 -5 -70 -768 -2442

Central West 72 -206 -266 27 183 1081 1146 423 561 239 -18 141 339

Mackay -2728 -3505 -4716 -2439 -2798 -2752 -1867 -4409 -2607 -2647 -4011 -5095 -5068

Northern -5008 -6010 -6826 -3618 -2694 -2865 -4144 -3797 -3507 -3740 -3200 -3950 -4041

Far North -2820 -4506 -1394 5095 8047 4287 1881 4195 3368 2802 2971 3239 6275

North West -456 -564 -647 -333 452 270 -494 -440 -200 -208 -454 -567 -588

Queensland -17042 -38426 -39478 -26432 -16775 -25084 -30373 -35042 -31264 -31164 -31176 -31646 -32258

Table 4.6 Regional construction industry employment by segment

Fiscal years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Employment – building

Brisbane 31233 32221 32928 29657 28649 26939 25677 25160 25013 25558 26066 26357 25835

Gold Coast 10577 11455 11980 10988 11181 10989 10744 10897 11173 11677 12385 12803 12633

Sunshine Coast 5748 5288 6511 5618 5703 5757 5689 5737 5779 5913 6273 6455 6318

West Moreton 979 1016 1047 1085 1162 1175 1174 1203 1236 1301 1352 1386 1354

Wide Bay/Burnett 1980 2166 2242 2201 2265 2163 2085 2128 2163 2217 2278 2313 2229

Darling Downs 2703 2577 2525 2425 2401 2140 1974 1769 1646 1621 1629 1647 1637

South West 174 138 129 93 79 73 72 72 74 77 78 79 77

Fitzroy 3009 2002 1765 1908 2294 2430 2494 2600 2766 2860 2964 2972 2743

Central West 62 44 50 69 89 121 141 126 115 108 80 71 77

Mackay 2246 1429 1437 1603 1998 2144 2304 2157 2281 2404 2339 2175 2061

Northern 2333 1890 1862 2164 2716 2874 2875 2901 2996 3118 3162 3141 3033

Far North 3028 2774 2996 4336 6012 6188 5815 6002 6045 6062 6201 6293 6544

North West 155 112 106 154 251 265 201 173 189 202 175 150 134

Queensland 64225 63112 65578 62301 64801 63259 61244 60925 61476 63118 64982 65842 64676


Table 4.6 Regional construction industry employment by segment (continued)

Fiscal years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Employment – engineering

Brisbane 11908 11970 12396 12390 13942 14713 14913 14226 13949 13603 13987 14339 14443

Gold Coast 2887 2443 2302 2295 2678 2842 2906 2804 2790 2821 2947 3065 3096

Sunshine Coast 1211 1338 1510 1317 1441 1580 1625 1563 1551 1541 1601 1659 1694

West Moreton 717 811 816 754 675 627 602 614 611 588 630 650 664

Wide Bay/Burnett 1123 1322 1422 1424 1323 1480 1807 1891 1915 1743 1902 1940 1912

Darling Downs 1169 1146 1289 1676 1430 1436 1394 1082 990 973 988 1057 1167

South West 245 266 306 105 82 81 77 74 72 67 70 72 72

Fitzroy 2454 2167 2195 1831 1841 1803 1740 1780 1930 1828 1923 1880 1629

Central West 128 109 109 187 274 766 933 566 561 373 215 257 361

Mackay 1883 1700 2200 2068 1723 1646 1764 1180 1399 1355 1114 885 871

Northern 1567 1266 1284 1897 2070 2092 1690 1706 1706 1556 1743 1592 1607

Far North 1315 1238 1383 2302 2579 1858 1298 1481 1283 1099 1101 1124 1562

North West 173 153 168 164 338 332 143 125 157 152 110 84 76

Queensland 26779 25929 27380 28410 30395 31257 30891 29093 28912 27699 28330 28604 29154

Employment – construction services

Brisbane 55749 57472 58938 58864 60817 60551 60786 61092 62039 62975 62790 63245 63664

Gold Coast 19594 20186 20630 21205 21544 21627 21997 22471 23293 24283 24716 25356 25737

Sunshine Coast 9425 9543 11474 10385 10350 10533 10778 10989 11337 11658 11743 11944 12119

West Moreton 2645 2748 2762 2910 2973 2982 3040 3188 3324 3442 3510 3585 3614

Wide Bay/Burnett 4713 5149 5361 5378 5206 5156 5402 5662 5869 5888 5906 5933 5900

Darling Downs 5039 4739 4951 5359 5042 4714 4461 3975 3749 3693 3603 3660 3838

South West 416 383 414 253 197 185 180 181 184 184 187 190 191

Fitzroy 6875 5392 5232 5163 5276 5340 5437 5734 6234 6319 6408 6349 5922

Central West 155 101 99 144 185 331 388 335 313 268 198 195 229

Mackay 5914 4517 5536 5798 5628 5598 5992 5268 5785 5967 5426 4834 4713

Northern 5880 4540 4533 5665 6276 6453 6139 6292 6511 6520 6709 6527 6492

Far North 6537 5782 6297 9832 11719 10820 9669 10421 10357 10080 9942 10027 11539

North West 619 431 433 527 844 883 613 544 625 646 546 462 425

Queensland 123561 120984 126661 131483 136056 135173 134883 136152 139621 141923 141684 142308 144384


Table 4.6 Regional construction industry employment by segment (continued)

Fiscal years 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Employment – total

Brisbane 98890 101664 104262 100911 103408 102204 101376 100478 101001 102136 102843 103940 103942

Gold Coast 33059 34084 34912 34488 35402 35459 35647 36173 37256 38781 40048 41223 41466

Sunshine Coast 16384 16169 19495 17320 17494 17870 18092 18290 18667 19112 19617 20058 20131

West Moreton 4340 4575 4626 4748 4810 4784 4815 5004 5171 5331 5492 5621 5632

Wide Bay/Burnett 7816 8637 9025 9003 8795 8799 9294 9681 9947 9848 10086 10186 10041

Darling Downs 8911 8462 8765 9460 8873 8290 7828 6826 6385 6287 6221 6364 6643

South West 835 787 849 452 357 338 330 326 329 328 335 341 341

Fitzroy 12337 9562 9192 8902 9411 9573 9671 10114 10929 11006 11295 11201 10294

Central West 344 253 257 400 548 1218 1461 1028 990 749 493 524 667

Mackay 10043 7646 9173 9469 9350 9389 10060 8605 9465 9726 8879 7894 7645

Northern 9780 7697 7679 9726 11062 11420 10704 10899 11213 11194 11614 11260 11132

Far North 10879 9794 10676 16469 20310 18867 16782 17904 17684 17241 17243 17445 19644

North West 947 696 707 845 1433 1480 956 842 971 1000 831 696 636

Queensland 214565 210025 219620 222193 231252 229690 227017 226170 230009 232740 234996 236753 238214



114 114 114

5. Quarterly profiles

The attached tables of quarterly profiles are consistent with the annual profiles discussed above to June 2019.


Table 5.1 Value of work done: Residential new construction (including major additions) by region– chain volume measure 2014-15 reference year ($ million)

2016-17

Sep. 2016-17

Dec. 2016-17

Mar. 2016-17

Jun. 2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun.

Annual growth rate

2017-18 2018-19

Actual Forecast

Brisbane 2166 2103 1845 2044 2007 1979 1909 1693 1725 1746 1752 1740 -7.0 -8.2

Gold Coast 605 593 560 671 587 565 559 508 531 552 563 569 -8.6 -0.2

Sunshine Coast 321 322 299 356 329 327 328 302 320 337 346 352 -0.9 5.4

West Moreton 46 46 43 52 51 53 53 48 51 54 55 56 9.0 5.9

Wide Bay/Burnett 108 107 100 118 121 124 123 112 118 123 125 127 10.7 2.6

Darling Downs 108 103 90 101 103 103 103 94 99 103 105 107 0.0 2.7

South West 3 2 2 2 3 3 3 3 4 4 4 4 27.1 31.0

Fitzroy 60 53 45 49 68 75 80 77 86 94 99 104 44.8 28.0

Central West 0 1 1 1 1 2 2 1 1 1 1 1 136.4 -7.6

Mackay 39 35 28 29 43 44 50 51 60 68 73 78 43.4 47.5

Northern 76 69 60 66 77 83 88 85 95 104 110 114 23.0 26.8

Far North 101 95 83 93 103 109 119 119 136 153 163 172 20.9 38.7

North West 2 2 2 2 4 6 6 6 6 6 7 7 205.2 18.0

Queensland 3635 3531 3158 3584 3497 3473 3423 3099 3232 3345 3403 3431 -3.0 -0.6


Table 5.2 Value of work done: Residential other renovations by region – chain volume measure 2014-15 reference year ($ million)

2016-17

Sep. 2016-17

Dec. 2016-17

Mar. 2016-17

Jun. 2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun.

Annual growth rate

2017-18 2018-19

Actual Forecast

Brisbane 639 625 633 660 716 761 739 728 695 702 707 712 15.1 -4.3

Gold Coast 229 223 225 254 274 289 281 276 243 246 247 249 20.3 -12.1

Sunshine Coast 148 144 145 154 166 176 170 167 155 156 157 158 14.9 -7.8

West Moreton 26 25 25 28 30 31 30 30 27 27 27 27 16.3 -10.7

Wide Bay/Burnett 76 73 74 81 87 91 88 87 77 78 78 78 16.1 -11.9

Darling Downs 52 51 51 51 56 59 57 56 54 55 55 55 11.2 -3.9

South West 5 5 5 5 6 6 6 5 5 5 5 5 15.0 -13.0

Fitzroy 55 53 53 65 69 72 69 68 55 56 56 56 23.0 -19.8

Central West 2 2 2 2 2 2 2 2 2 2 2 2 0.0 0.0

Mackay 53 51 51 62 66 69 67 65 52 52 52 52 23.0 -22.1

Northern 66 64 64 70 75 79 76 74 67 67 67 67 15.2 -11.8

Far North 75 72 73 80 85 90 87 85 76 77 77 77 15.7 -11.5

North West 2 2 2 3 3 3 3 3 2 2 2 2 33.3 -33.3

Queensland 1428 1390 1403 1515 1635 1728 1675 1646 1510 1525 1532 1540 16.5 -8.6


Table 5.3 Value of work done: Private residential building by region – chain volume measure 2014-15 reference year ($ million)

2016-17

Sep. 2016-17

Dec. 2016-17

Mar. 2016-17

Jun. 2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun.

Annual growth rate

2017-18 2018-19

Actual Forecast

Brisbane 2805 2728 2478 2703 2722 2740 2648 2421 2419 2447 2459 2452 -1.7 -7.2

Gold Coast 834 815 785 925 861 854 839 784 775 798 811 817 -0.6 -4.1

Sunshine Coast 469 466 443 510 495 503 498 470 475 493 504 510 4.1 0.8

West Moreton 72 71 68 80 81 84 83 78 78 81 82 83 12.0 -0.6

Wide Bay/Burnett 184 181 173 200 208 215 211 199 195 200 203 205 12.9 -3.6

Darling Downs 161 154 142 152 158 162 160 150 153 158 160 162 3.4 0.5

South West 8 8 7 7 8 9 9 9 9 9 10 10 16.7 8.6

Fitzroy 115 106 98 114 136 147 149 145 141 150 155 160 33.3 5.0

Central West 2 2 2 2 3 3 3 3 3 3 3 3 50.0 0.0

Mackay 92 86 79 92 109 114 117 117 112 120 125 130 30.9 6.6

Northern 142 133 124 136 152 162 164 159 161 171 177 181 19.1 8.3

Far North 176 168 155 173 188 198 206 204 212 230 240 249 18.5 17.0

North West 4 4 4 4 7 9 9 8 8 9 9 9 106.3 6.1

Queensland 5064 4922 4558 5098 5128 5200 5096 4747 4741 4869 4938 4971 2.7 -3.2


Table 5.4 Value of work done: Non-residential building by region – chain volume measure 2014-15 reference year ($ million)

2016-17

Sep. 2016-17

Dec. 2016-17

Mar. 2016-17

Jun. 2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun.

Annual growth rate

2017-18 2018-19

Actual Forecast

Brisbane 870 868 848 899 887 839 831 900 972 992 979 947 -0.8 12.5

Gold Coast 240 268 271 289 259 232 224 237 251 251 245 237 -10.9 3.4

Sunshine Coast 121 105 115 113 102 106 103 108 113 113 113 109 -7.7 6.9

West Moreton 10 13 17 21 19 16 16 19 22 24 24 25 14.8 35.7

Wide Bay/Burnett 53 54 52 54 55 52 52 55 60 61 60 57 0.5 11.2

Darling Downs 119 118 106 96 103 107 103 108 114 114 106 97 -4.1 2.4

South West 5 5 4 5 6 6 6 6 7 7 7 7 26.3 16.7

Fitzroy 42 38 36 36 41 44 45 49 55 57 59 59 17.8 28.5

Central West 3 3 3 4 4 5 5 5 5 5 5 5 46.2 5.3

Mackay 27 25 21 19 26 32 32 37 41 44 45 45 38.0 37.8

Northern 94 95 86 85 92 99 99 107 116 119 121 119 10.3 19.6

Far North 37 39 37 47 55 56 59 66 75 81 84 85 47.5 37.7

North West 5 5 4 4 6 6 7 7 8 8 8 8 44.4 23.1

Queensland 1626 1636 1600 1672 1655 1600 1582 1704 1839 1876 1856 1800 0.1 12.7


Table 5.5 Value of work done: Total engineering construction activity by region – chain volume measure 2014-15 reference year ($ million)

2016-17

Sep. 2016-17

Dec. 2016-17

Mar. 2016-17

Jun. 2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun.

Annual growth rate

2017-18 2018-19

Actual Forecast

Brisbane 1688 1549 1603 1608 1597 1616 1808 1961 2011 2098 2252 2236 8.3 23.1

Gold Coast 455 423 448 434 410 393 438 482 506 527 566 559 -2.1 25.2

Sunshine Coast 301 273 283 280 266 257 281 305 316 329 355 357 -2.5 22.4

West Moreton 41 41 44 43 43 42 40 40 38 38 39 37 -2.4 -7.9

Wide Bay/Burnett 54 60 74 76 80 81 74 70 66 71 72 71 14.8 -7.6

Darling Downs 313 300 307 374 370 488 549 586 449 418 396 390 54.1 -17.1

South West 136 122 122 94 55 53 56 59 60 62 66 68 -52.9 14.7

Fitzroy 666 738 811 707 676 684 794 887 895 838 806 835 4.0 11.0

Central West 31 28 28 30 47 51 117 122 57 84 76 246 187.3 37.0

Mackay 480 427 403 422 506 642 601 509 532 532 542 514 30.4 -6.1

Northern 184 173 183 180 180 293 429 405 371 375 342 347 81.5 9.8

Far North 144 232 377 405 508 486 529 534 787 716 451 417 77.7 15.2

North West 93 77 86 96 183 168 90 84 113 269 364 288 49.3 96.8

Queensland 4585 4443 4769 4750 4921 5253 5805 6044 6202 6356 6326 6365 18.7 14.6


Table 5.6 Value of work done: Total construction activity by region – chain volume measure 2014-15 reference year ($ million)

2016-17

Sep. 2016-17

Dec. 2016-17

Mar. 2016-17

Jun. 2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun.

Annual growth rate

2017-18 2018-19

Actual Forecast

Brisbane 5380 5158 4940 5229 5221 5210 5303 5297 5417 5552 5706 5650 1.6 6.2

Gold Coast 1533 1509 1508 1652 1533 1483 1505 1506 1536 1580 1625 1616 -2.8 5.5

Sunshine Coast 892 844 841 902 863 867 882 882 904 935 972 976 0.5 8.4

West Moreton 124 125 129 143 142 142 140 137 138 143 145 145 7.6 1.8

Wide Bay/Burnett 292 296 300 331 343 349 337 324 322 333 335 334 11.1 -2.2

Darling Downs 592 572 554 623 632 757 811 844 716 690 663 650 30.0 -10.7

South West 149 134 133 107 69 67 71 74 76 78 82 84 -46.1 13.8

Fitzroy 823 882 946 858 853 875 988 1082 1091 1045 1021 1053 8.2 10.9

Central West 36 34 33 36 54 59 125 130 65 93 84 254 164.9 34.4

Mackay 599 537 502 534 641 787 751 662 685 696 712 689 30.8 -2.1

Northern 424 403 395 405 427 557 695 675 651 668 643 650 44.8 10.9

Far North 372 448 579 640 763 754 806 817 1086 1039 788 763 53.9 17.1

North West 102 86 94 105 196 183 106 99 130 285 382 305 51.6 88.5

Queensland 11318 11028 10954 11564 11738 12090 12519 12532 12817 13137 13157 13171 8.9 7.0


Table 5.7 Value of work done: Total construction activity by region – chain volume measure 2014-15 reference year – Qtr. 3 2016-17 = 100

2016-17

Sep. 2016-17

Dec. 2016-17

Mar. 2016-17

Jun. 2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun.

Actual Forecast

Brisbane 109 104 100 106 106 105 107 107 110 112 116 114

Gold Coast 102 100 100 110 102 98 100 100 102 105 108 107

Sunshine Coast 106 100 100 107 103 103 105 105 108 111 116 116

West Moreton 96 97 100 111 110 110 108 106 107 111 113 112

Wide Bay/Burnett 97 98 100 110 114 116 112 108 107 111 112 111

Darling Downs 107 103 100 112 114 137 146 152 129 124 119 117

South West 112 101 100 80 52 51 53 56 57 59 62 63

Fitzroy 87 93 100 91 90 93 104 114 115 111 108 111

Central West 109 101 100 108 163 177 376 392 195 278 254 763

Mackay 119 107 100 106 128 157 149 132 136 139 142 137

Northern 107 102 100 102 108 141 176 171 165 169 163 165

Far North 64 77 100 111 132 130 139 141 188 179 136 132

North West 109 91 100 112 210 196 113 106 138 305 408 326

Queensland 103 101 100 106 107 110 114 114 117 120 120 120


Table 5.8 Queensland construction industry – real quarterly price growth at annual rates (%)

2016-16

June 2016-17

September 2016-17

December 2016-17

March 2017-18

June 2017-18

September 2017-18

December 2017-18

March 2018-19

June

Average 2016-17 and

2018-19

Actual Forecast

Non-residential building 2.5 1.1 0.6 0.6 0.3 1.8 5.4 6.3 3.5 2.8

Residential building 0.7 0.9 0.1 0.1 0.3 0.2 0.8 1.1 1.0 1.1

Engineering construction 1.4 1.8 1.9 3.4 4.4 5.0 3.9 2.5 1.3 2.8

Total construction 1.3 1.2 0.7 1.2 1.5 2.0 2.6 2.5 1.6 1.9

Note: Real price/cost growth is the nominal rate of increase less the increase in the Queensland financial demand implicit deflator.

Table 5.9 Shortage of construction labour by Queensland region – number ‘000 (shortage is donated by (+) and surplus (-))

Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19

Brisbane -10.8 -11.1 -11.3 -11.6 -10.5 -9.4 -8.3 -7.2 -8.1 -9.0

Gold Coast -3.2 -3.8 -4.4 -5.0 -4.8 -4.5 -4.2 -4.0 -4.2 -4.4

Sunshine Coast -4.1 -4.2 -4.3 -4.5 -4.2 -4.0 -3.7 -3.5 -3.4 -3.3

West Moreton -0.5 -0.4 -0.4 -0.3 -0.3 -0.3 -0.3 -0.4 -0.4 -0.4

Wide Bay/Burnett -1.7 -1.5 -1.3 -1.1 -1.1 -1.2 -1.3 -1.4 -1.4 -1.3

Darling Downs -1.5 -0.9 -0.2 0.4 0.3 0.2 0.0 -0.1 -0.3 -0.5

South West -0.8 -0.7 -0.7 -0.7 -0.8 -0.9 -1.0 -1.1 -1.1 -1.1

Fitzroy -2.9 -2.5 -2.0 -1.6 -1.1 -0.6 -0.1 0.4 0.3 0.2

Central West -0.6 -0.6 -0.5 -0.4 -0.4 -0.3 -0.3 -0.2 -0.1 0.0

Mackay -3.9 -3.3 -2.7 -2.1 -2.2 -2.4 -2.6 -2.8 -2.8 -2.7

Northern -6.0 -5.2 -4.5 -3.7 -3.4 -3.0 -2.7 -2.3 -2.3 -2.4

Far North 0.5 2.4 4.2 6.0 6.9 7.7 8.5 9.3 8.4 7.4

North West -1.0 -1.3 -1.5 -1.7 -1.4 -1.2 -0.9 -0.6 -1.2 -1.8

Queensland -36.5 -33.1 -29.6 -26.2 -23.1 -20.0 -16.9 -13.8 -16.6 -19.4

Trend Queensland construction workers unemployed (‘000) 8.4 10.4 10.5 10.7 10.6 10.6 10.6 10.8 11.2 11.3



123 123

Appendix A

Additional annual tables


Table A.1 Total regional population – ‘000

Fiscal years 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 2331 2375 2418 2461 2505 2549 2593 2637 2681 2725 2769

Gold Coast 591 608 621 634 648 662 677 692 707 722 737

Sunshine Coast 365 374 382 390 398 406 414 423 431 439 447

West Moreton 107 109 111 114 116 119 121 123 126 128 130

Wide Bay/Burnett 296 298 302 305 309 312 315 319 322 325 328

Darling Downs 248 250 252 255 258 260 262 265 267 269 271

South West 25 25 25 25 25 25 25 25 25 25 25

Fitzroy 228 230 234 238 241 245 249 252 255 259 262

Central West 11 11 11 11 11 11 11 11 10 10 10

Mackay 174 175 177 180 183 185 188 191 193 196 198

Northern 237 239 244 248 252 256 260 264 268 272 276

Far North 285 288 292 296 300 304 308 312 315 319 323

North West 31 31 31 31 31 32 32 32 32 32 32

Queensland 4929 5012 5099 5188 5277 5366 5455 5544 5632 5721 5810

Table A.2 Share of regional population in total Queensland population – %

Fiscal years 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 47.3 47.4 47.4 47.4 47.5 47.5 47.5 47.6 47.6 47.6 47.7

Gold Coast 12.0 12.1 12.2 12.2 12.3 12.3 12.4 12.5 12.6 12.6 12.7

Sunshine Coast 7.4 7.5 7.5 7.5 7.5 7.6 7.6 7.6 7.6 7.7 7.7

West Moreton 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2 2.2

Wide Bay/Burnett 6.0 5.9 5.9 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.6

Darling Downs 5.0 5.0 4.9 4.9 4.9 4.8 4.8 4.8 4.7 4.7 4.7

South West 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.4 0.4 0.4

Fitzroy 4.6 4.6 4.6 4.6 4.6 4.6 4.6 4.5 4.5 4.5 4.5

Central West 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2

Mackay 3.5 3.5 3.5 3.5 3.5 3.5 3.4 3.4 3.4 3.4 3.4

Northern 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.8 4.7

Far North 5.8 5.8 5.7 5.7 5.7 5.7 5.6 5.6 5.6 5.6 5.6

North West 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6 0.6

Queensland 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0


Table A.3(a) Total Queensland construction by region – share of residential activity in total regional activity (%)

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 42.7 36.3 37.9 37.6 36.8 34.1 35.4 41.5 51.1 52.0 50.4 44.1 42.7 40.3 41.5 41.1 40.5 42.3 42.5 42.0

Gold Coast 58.6 54.4 51.8 40.2 41.0 37.7 36.8 38.7 49.6 54.4 55.6 50.6 50.2 48.2 49.7 49.4 48.1 49.7 49.6 49.2

Sunshine Coast 65.3 59.3 55.0 39.2 42.5 40.8 35.2 39.5 51.8 54.3 56.3 52.4 51.2 49.6 51.2 50.8 50.1 51.5 51.6 50.8

West Moreton 48.0 43.1 39.6 47.7 52.5 53.1 49.8 53.1 58.3 55.9 58.1 56.8 57.7 55.8 55.2 54.3 53.2 54.5 54.5 53.9

Wide Bay/Burnett 62.8 62.4 61.3 56.4 53.1 48.9 53.3 54.4 60.5 60.8 61.8 60.9 59.4 53.1 53.0 52.4 53.7 53.8 54.2 54.0

Darling Downs 25.1 24.7 32.4 30.2 25.7 22.6 22.1 21.5 26.7 26.0 20.7 23.3 24.7 25.1 30.9 32.1 31.7 33.4 32.5 29.9

South West 6.0 5.3 10.0 7.8 5.4 6.5 6.1 3.5 4.4 5.8 12.4 11.7 11.7 12.0 12.9 13.1 13.3 13.4 13.4 13.4

Fitzroy 33.1 24.5 19.8 11.8 4.4 5.0 5.0 7.9 16.0 12.4 15.2 14.4 15.3 15.3 15.3 14.2 14.7 15.0 15.7 17.3

Central West 12.7 12.6 13.7 13.2 13.6 8.8 5.2 2.7 6.1 6.5 3.5 2.5 0.9 0.9 1.6 1.4 2.1 3.6 2.6 1.9

Mackay 38.7 28.9 31.8 24.5 19.6 19.5 22.7 19.4 17.1 16.0 16.1 17.5 18.9 17.5 24.5 20.7 21.1 25.8 30.0 29.4

Northern 40.7 43.7 40.3 36.4 33.4 28.1 28.6 36.8 39.2 33.6 27.6 26.9 28.6 32.0 32.0 31.6 32.3 32.3 35.0 34.4

Far North 60.2 47.5 43.6 41.4 38.2 35.2 36.2 40.5 50.6 35.4 27.0 26.7 35.2 41.5 38.1 41.1 43.3 45.7 46.1 38.6

North West 5.8 5.8 8.1 5.3 4.0 2.5 3.0 4.4 5.6 4.3 5.7 3.2 3.7 7.5 7.0 5.4 5.5 7.7 9.2 9.2

Queensland 45.3 39.6 39.9 34.1 26.2 23.0 22.8 31.6 43.5 44.1 41.6 37.6 37.3 36.6 38.5 37.6 37.7 39.7 40.4 39.7

Table A.3(b) Total Queensland construction by region – share of non-residential activity in total regional activity (%)

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 21.0 21.0 19.7 19.1 20.4 19.8 17.1 15.4 17.7 16.8 16.4 17.4 16.2 17.0 17.2 18.0 19.4 17.3 16.4 16.3

Gold Coast 12.9 11.1 17.5 27.5 19.2 14.0 14.9 18.0 20.0 17.2 15.8 15.5 14.0 14.6 14.7 15.5 16.8 15.0 14.4 14.4

Sunshine Coast 11.6 10.6 10.5 7.8 9.1 12.4 20.4 19.4 13.4 13.1 12.0 11.8 10.4 10.8 10.9 11.5 12.4 10.9 10.3 10.2

West Moreton 12.7 25.0 33.9 19.5 10.2 8.0 9.8 7.2 7.5 11.7 12.4 16.6 17.8 20.4 20.7 22.1 24.7 22.2 21.6 21.4

Wide Bay/Burnett 10.3 11.6 14.0 17.5 13.1 8.7 13.9 15.8 17.5 17.5 15.8 17.9 15.8 15.0 14.5 15.1 16.9 14.4 13.7 13.9

Darling Downs 7.9 6.6 8.2 10.3 8.8 6.9 9.4 10.7 19.8 18.7 13.8 15.9 12.7 11.8 12.5 12.5 12.6 10.8 9.7 9.2

South West 1.9 1.9 4.8 6.0 3.3 3.8 4.0 2.1 2.5 3.5 8.4 8.4 7.1 7.2 7.3 7.8 9.0 8.0 7.7 7.7

Fitzroy 7.8 7.3 7.0 4.7 1.7 3.0 3.6 4.6 6.0 4.3 4.7 5.5 5.6 6.3 6.4 6.4 7.3 6.4 6.3 7.0

Central West 4.4 6.7 7.9 12.0 10.9 5.7 5.4 2.2 4.0 9.1 5.0 4.2 1.5 1.5 2.7 2.4 3.8 5.5 3.7 2.5

Mackay 11.5 10.7 12.9 20.1 13.7 8.0 9.4 8.2 7.1 4.2 4.5 6.3 6.4 6.6 9.2 8.2 9.3 9.9 11.0 10.8

Northern 16.8 17.1 18.9 21.4 17.7 20.8 20.3 12.8 19.0 22.1 16.9 18.2 17.6 21.3 20.9 21.8 24.6 21.0 21.5 21.0

Far North 13.7 23.0 27.1 20.4 21.0 17.8 10.3 9.3 10.6 7.9 7.5 8.8 11.3 15.1 13.9 15.9 18.4 16.4 15.5 12.8

North West 4.3 3.4 4.8 6.4 5.4 4.5 7.6 10.3 6.1 4.4 4.4 2.9 3.2 7.1 7.0 5.9 6.8 8.3 9.5 9.6

Queensland 15.5 16.1 17.1 16.9 12.7 11.3 11.1 12.6 15.6 14.6 13.4 14.1 13.0 14.0 14.4 14.8 16.4 14.7 14.1 14.0


Table A.3(c) Total Queensland construction by region – share of total engineering activity in total regional activity (%)

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 36.3 42.7 42.4 43.3 42.8 46.0 47.5 43.1 31.1 31.1 33.2 38.5 41.1 42.7 41.3 40.9 40.1 40.5 41.1 41.6

Gold Coast 28.5 34.5 30.7 32.4 39.8 48.4 48.3 43.4 30.4 28.4 28.6 33.9 35.8 37.1 35.6 35.2 35.2 35.3 36.0 36.4

Sunshine Coast 23.1 30.1 34.5 53.0 48.3 46.9 44.5 41.1 34.7 32.7 31.7 35.8 38.4 39.6 38.0 37.7 37.5 37.6 38.1 39.0

West Moreton 39.3 32.0 26.5 32.8 37.4 38.9 40.4 39.7 34.3 32.5 29.4 26.6 24.5 23.9 24.1 23.6 22.2 23.4 23.8 24.6

Wide Bay/Burnett 26.9 26.0 24.7 26.1 33.9 42.4 32.9 29.8 22.0 21.7 22.4 21.2 24.8 31.9 32.5 32.6 29.5 31.8 32.1 32.1

Darling Downs 67.0 68.7 59.4 59.6 65.5 70.5 68.5 67.8 53.6 55.3 65.5 60.8 62.6 63.0 56.6 55.4 55.6 55.9 57.8 60.9

South West 92.1 92.7 85.2 86.2 91.3 89.7 89.9 94.3 93.1 90.6 79.2 79.9 81.2 80.7 79.8 79.1 77.7 78.6 78.9 78.9

Fitzroy 59.1 68.3 73.1 83.5 93.9 92.0 91.4 87.4 77.9 83.3 80.0 80.1 79.1 78.4 78.4 79.4 78.0 78.6 78.0 75.8

Central West 82.9 80.7 78.4 74.8 75.5 85.5 89.4 95.1 89.9 84.4 91.5 93.3 97.5 97.7 95.7 96.2 94.1 90.9 93.8 95.6

Mackay 49.8 60.3 55.3 55.4 66.7 72.5 67.9 72.4 75.8 79.7 79.5 76.2 74.7 75.9 66.3 71.1 69.6 64.4 59.0 59.9

Northern 42.5 39.2 40.7 42.1 48.8 51.1 51.1 50.4 41.8 44.3 55.5 54.9 53.8 46.7 47.2 46.7 43.1 46.7 43.5 44.6

Far North 26.1 29.5 29.3 38.2 40.8 47.0 53.5 50.2 38.8 56.8 65.5 64.5 53.4 43.4 48.0 43.0 38.3 37.9 38.4 48.6

North West 89.8 90.8 87.1 88.3 90.6 93.0 89.4 85.2 88.3 91.3 89.9 93.9 93.2 85.4 86.0 88.6 87.7 84.0 81.3 81.1

Queensland 39.2 44.4 43.0 48.9 61.1 65.7 66.1 55.8 40.9 41.3 45.1 48.3 49.6 49.5 47.2 47.5 45.9 45.6 45.5 46.3

Table A.4 Share of public expenditures in regional total expenditures (%)

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 13.7 13.4 17.7 17.6 17.5 15.6 11.8 8.6 7.1 7.3 10.4 11.1 13.4 14.8 14.5 14.4 13.6 14.0 14.1 13.4

Gold Coast 9.2 8.5 15.2 25.4 20.0 14.4 11.2 6.6 6.4 6.4 8.6 9.0 10.1 11.3 10.5 10.4 10.7 11.4 12.0 11.1

Sunshine Coast 7.5 9.4 12.2 9.4 9.8 10.3 9.6 7.6 9.2 7.8 10.2 10.0 11.1 11.6 10.2 9.6 8.7 9.2 9.3 8.7

West Moreton 24.9 34.5 44.7 28.9 20.4 22.0 24.1 15.3 13.7 15.7 17.4 13.5 12.7 14.5 17.3 18.4 19.1 20.8 22.1 22.5

Wide Bay/Burnett 19.3 23.2 27.4 33.8 34.2 32.3 30.3 25.7 18.9 19.4 22.2 20.6 24.1 29.2 29.9 29.2 27.9 31.2 32.9 33.1

Darling Downs 8.4 6.7 11.3 12.5 11.5 13.0 15.3 13.4 18.5 18.5 17.5 17.3 16.2 19.5 23.1 24.1 21.9 24.5 23.1 20.8

South West 8.1 7.3 14.8 11.4 11.8 5.3 4.6 3.4 6.8 12.6 27.6 22.9 24.9 29.0 31.1 32.0 29.8 33.6 34.6 33.9

Fitzroy 13.2 10.0 13.5 9.6 2.9 3.1 2.7 4.7 11.5 8.9 10.7 10.9 14.7 16.5 14.1 11.8 10.8 12.7 14.7 13.4

Central West 40.0 34.3 36.8 28.2 29.9 16.8 10.4 5.8 20.0 24.6 10.3 8.3 3.9 4.2 8.3 7.5 10.4 20.0 14.8 10.5

Mackay 15.1 19.8 22.9 21.6 10.0 5.8 6.5 6.2 5.3 7.2 8.0 10.8 18.5 22.9 22.7 17.1 16.6 22.6 22.4 21.1

Northern 15.7 16.4 24.0 25.3 19.3 22.3 22.7 15.4 14.3 17.8 18.9 20.7 23.6 20.0 16.6 16.3 17.2 17.5 18.7 17.3

Far North 15.1 21.5 29.4 24.3 27.2 27.8 21.5 17.9 17.9 13.9 12.5 11.1 16.0 20.6 17.4 18.3 18.5 20.0 20.3 16.3

North West 15.1 9.4 11.6 13.2 10.5 8.9 8.2 11.7 23.3 20.6 13.5 7.4 10.1 23.6 19.6 14.6 13.6 20.2 24.5 23.6

Queensland 13.0 13.5 18.4 18.1 13.1 11.3 9.3 8.7 9.3 9.3 11.6 11.8 14.1 15.9 15.2 14.6 14.0 15.3 15.6 14.6


Table A.5(a) Queensland construction by region – share of public residential expenditure in total regional residential expenditure (%)

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 1.1 1.1 2.3 2.9 0.8 0.2 0.5 0.7 0.5 0.6 0.6 0.6 0.8 0.9 0.8 0.9 0.9 0.9 1.0 1.1

Gold Coast 0.2 0.2 0.6 1.0 0.5 0.1 0.0 0.3 0.3 0.4 0.4 0.5 0.5 0.6 0.6 0.6 0.6 0.6 0.6 0.7

Sunshine Coast 0.4 0.4 1.0 1.1 0.3 0.0 0.0 0.0 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

West Moreton 0.0 0.2 1.0 0.9 0.6 0.5 0.0 0.1 0.0 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Wide Bay/Burnett 0.9 0.9 1.6 6.3 0.7 0.2 0.3 0.2 0.3 0.4 0.4 0.4 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.6

Darling Downs 0.6 1.1 2.0 2.6 0.6 0.6 0.7 1.2 0.5 0.1 0.1 0.1 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2

South West 9.0 3.7 1.8 3.2 0.7 1.1 0.8 0.9 0.3 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3

Fitzroy 2.3 0.7 3.8 7.1 1.3 3.3 4.7 2.5 0.4 0.4 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4

Central West 5.4 3.6 4.1 3.1 8.2 1.8 1.3 3.4 0.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Mackay 0.8 2.1 2.3 3.7 1.3 0.7 0.4 0.4 0.4 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Northern 1.7 2.1 9.8 11.4 5.5 1.5 4.2 1.4 3.9 2.2 1.9 1.7 1.9 2.0 1.9 1.9 2.0 2.1 2.1 2.3

Far North 1.0 1.1 3.4 7.0 2.0 1.8 2.1 3.3 5.3 6.9 5.9 5.0 5.3 5.5 5.0 5.1 5.4 5.4 5.5 5.9

North West 4.6 12.3 4.4 16.8 25.5 10.7 9.3 8.6 26.4 1.8 0.9 0.8 0.9 1.0 0.9 1.0 1.0 1.0 1.1 1.2

Queensland 0.9 1.0 2.3 3.5 1.1 0.6 1.0 0.8 0.7 0.7 0.7 0.7 0.9 1.0 0.9 0.9 1.0 1.0 1.0 1.1

Table A.5(b) Queensland construction by region – share of public non-residential building expenditure in total regional non-residential building expenditure (%)

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 18 24 40 40 39 31 22 17 11 12 14 14 15 16 19 20 22 23 25 24

Gold Coast 19 14 52 71 59 37 25 8 9 8 10 11 14 17 20 21 24 26 29 28

Sunshine Coast 13 28 48 44 27 18 9 6 27 24 23 21 19 17 17 17 18 19 20 18

West Moreton 60 81 90 78 45 41 53 39 15 8 10 15 22 28 32 35 39 42 46 45

Wide Bay/Burnett 16 21 44 45 38 33 28 23 15 13 15 13 14 16 19 19 21 22 23 23

Darling Downs 16 21 32 34 22 15 11 20 15 12 13 11 12 14 17 18 21 23 25 25

South West 60 77 71 65 37 21 33 20 15 39 33 23 24 26 29 29 31 31 32 28

Fitzroy 21 16 29 37 29 23 27 20 18 23 22 15 16 17 19 19 21 21 22 19

Central West 51 62 69 75 84 77 39 25 70 70 51 34 30 29 30 31 35 37 38 35

Mackay 10 10 35 41 25 18 25 10 4 12 10 9 12 15 18 19 22 23 25 24

Northern 47 47 60 57 34 51 60 23 16 24 24 19 20 22 24 26 29 30 32 30

Far North 29 50 71 62 59 61 44 24 17 27 22 15 17 19 21 22 25 26 27 25

North West 25 27 50 53 46 50 28 6 16 43 31 21 22 23 25 25 27 27 27 25

Queensland 21 27 47 49 40 33 25 15 13 14 15 14 16 17 20 20 23 24 26 25


Table A.5(c) Queensland construction by region – share of public engineering in total regional engineering expenditure (including Commonwealth) – %

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 25.8 18.8 21.2 20.6 21.8 20.2 16.5 13.2 15.5 15.9 23.3 22.0 25.9 27.3 26.5 25.8 22.2 23.7 23.6 21.8

Gold Coast 23.3 19.7 18.7 16.9 21.4 19.1 15.4 11.5 14.8 16.8 23.9 21.0 22.0 23.1 20.6 19.3 17.9 20.3 21.0 18.5

Sunshine Coast 24.7 20.8 19.1 10.4 15.0 17.3 17.6 15.7 16.0 14.2 23.3 21.2 23.8 24.8 21.9 20.4 17.0 19.1 19.1 17.6

West Moreton 44.1 44.3 52.4 40.7 41.6 47.6 46.8 31.4 36.6 45.6 55.1 41.0 35.5 37.2 44.1 45.3 42.3 48.8 50.8 52.0

Wide Bay/Burnett 52.8 63.8 77.5 82.1 85.5 85.1 69.2 79.7 73.3 73.1 77.6 87.4 85.0 86.6 83.1 82.8 79.9 81.6 87.4 91.5

Darling Downs 10.4 7.5 13.5 13.7 14.3 16.8 20.5 16.3 28.7 29.4 23.8 25.7 23.4 28.3 37.1 39.2 34.4 39.4 35.7 30.4

South West 7.1 6.0 13.2 8.4 11.5 5.0 3.6 3.1 6.9 12.4 31.2 26.2 28.5 33.6 36.3 37.6 34.7 39.5 40.8 40.1

Fitzroy 18.3 12.7 14.6 8.4 2.5 2.4 1.7 4.0 13.3 9.4 12.1 12.6 17.4 19.7 16.5 13.3 11.8 14.4 17.0 15.8

Central West 44.8 36.7 39.3 25.1 26.0 14.4 9.2 5.4 19.1 21.7 8.5 7.4 3.5 3.9 7.9 7.0 9.7 19.8 14.3 10.0

Mackay 27.4 30.0 32.0 22.5 9.6 5.8 5.9 7.3 6.5 8.4 9.6 13.4 23.7 28.8 31.7 21.9 21.0 31.5 33.4 30.9

Northern 16.8 19.0 21.2 21.0 23.5 21.9 18.2 23.6 23.3 26.5 25.9 30.7 36.3 31.6 23.2 21.7 22.0 22.5 25.4 22.6

Far North 40.2 31.9 29.4 23.2 34.2 34.6 30.4 28.5 34.6 16.5 14.2 13.0 23.0 35.7 26.0 29.5 30.3 35.0 35.2 22.1

North West 15.3 8.5 10.2 10.1 7.7 6.8 6.6 12.5 23.6 20.3 13.4 7.2 10.0 25.6 20.7 14.7 13.3 21.2 26.8 26.0

Queensland 23.9 19.8 22.0 17.8 12.7 11.4 9.5 11.8 17.0 16.8 20.5 19.7 23.6 26.5 25.6 23.6 21.5 24.8 25.4 23.0

Table A.6 Queensland regional construction value of work done: chain volume measure (2014-15 $M) Private housing expenditure on new construction and alterations (excluding other work done)

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 5640 5308 5131 4971 4871 4264 4690 6362 8015 8159 7588 6963 6420 5888 5899 5840 5892 6420 6648 6468

Gold Coast 2366 2144 1950 1277 935 792 920 1224 1905 2429 2219 2216 2177 2088 2183 2253 2337 2586 2701 2642

Sunshine Coast 1356 1237 1071 952 771 671 723 984 1167 1298 1287 1356 1371 1337 1383 1404 1439 1581 1642 1593

West Moreton 202 239 264 235 192 222 182 180 180 188 205 217 219 214 222 224 229 252 262 254

Wide Bay/Burnett 906 765 706 577 439 396 378 406 417 434 480 492 487 466 476 478 485 529 545

Darling Downs 424 364 484 516 419 468 488 483 451 403 403 414 410 393 400 398 402 436 446 425

South West 20 19 22 17 24 48 50 27 19 10 12 16 18 19 20 21 21 24 25 24

Fitzroy 617 486 367 370 504 791 905 451 266 207 299 383 424 434 460 469 482 530 550 530

Central West 7 8 8 9 12 13 9 6 4 2 6 5 5 4 4 4 4 4 4 4

Mackay 630 494 557 479 454 722 798 406 207 132 189 278 328 344 377 396 412 456 476 465

Northern 785 760 618 491 488 511 486 476 388 271 333 422 466 477 503 512 526 577 599 579

Far North 960 699 522 407 432 400 324 325 396 372 450 624 718 747 800 825 854 942 980 947

North West 24 22 24 23 19 19 24 19 9 7 22 26 27 26 27 26 26 28 29 27

Queensland 13937 12543 11724 10324 9561 9317 9976 11349 13424 13909 13492 13412 13068 12438 12754 12851 13110 14366 14907 14477


Table A.7 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Public housing

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 94 94 191 243 61 17 35 62 49 60 60 60 71 76 75 80 87 94 101 108

Gold Coast 7 6 19 24 9 2 0 6 8 14 15 15 17 19 18 20 22 23 25 27

Sunshine Coast 9 9 18 18 4 0 0 0 2 0 0 0 0 0 0 0 0 0 0 0

West Moreton 0 1 4 3 2 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Wide Bay/Burnett 12 10 18 64 6 1 2 2 2 3 3 3 4 4 4 4 4 5 5 5

Darling Downs 4 6 14 21 4 4 5 8 3 1 1 1 1 1 1 1 1 1 1 1

South West 4 2 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0

Fitzroy 20 5 24 47 10 34 56 18 2 2 2 2 2 2 2 2 2 2 3 3

Central West 1 1 1 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Mackay 7 15 18 26 8 6 4 2 2 0 0 0 0 0 0 0 0 0 0 0

Northern 19 23 103 99 43 12 33 11 27 12 12 12 14 15 15 16 17 19 20 21

Far North 14 12 33 56 15 13 14 22 40 50 50 50 58 62 61 65 70 75 80 86

North West 2 4 2 6 9 3 3 3 7 0 0 0 0 0 0 0 0 0 0 0

Queensland 194 188 445 609 175 95 153 134 142 142 143 143 167 180 177 189 205 221 237 253

Table A.8 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Non-residential building private

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 3487 3644 2594 2539 2762 2685 2690 2748 3294 3062 2955 3356 3020 3127 3083 3264 3504 3117 2972 3020

Gold Coast 650 586 519 466 364 389 560 920 1057 981 861 880 766 788 788 854 935 846 818 835

Sunshine Coast 334 258 184 181 216 305 698 732 340 346 323 355 332 359 368 405 446 404 390 398

West Moreton 34 39 34 33 34 29 26 23 31 56 63 80 79 86 87 93 100 89 85 85

Wide Bay/Burnett 181 168 144 173 124 85 129 160 182 186 182 207 183 186 183 194 209 186 176 177

Darling Downs 175 127 126 184 199 182 264 279 424 388 365 386 286 250 217 208 207 173 159 160

South West 6 3 6 12 20 31 31 24 20 11 16 21 18 18 18 19 22 20 20 21

Fitzroy 162 179 158 168 221 467 617 324 154 117 140 194 200 228 240 267 295 269 260 266

Central West 3 3 3 4 3 3 10 8 2 4 9 14 13 14 13 13 14 12 11 11

Mackay 229 242 212 340 340 307 316 240 171 81 114 158 159 177 185 205 226 205 197 201

Northern 244 228 195 219 277 276 224 203 283 272 304 385 370 397 401 431 465 413 393 396

Far North 224 266 173 153 169 139 104 115 131 117 183 276 292 333 348 382 417 374 357 359

North West 19 15 11 21 27 28 64 67 23 10 18 26 24 27 28 31 35 32 31 32

Queensland 5749 5759 4358 4494 4755 4926 5734 5844 6114 5631 5533 6338 5744 5989 5958 6367 6874 6140 5868 5961


Table A.9 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Non-residential building public

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 791 1123 1706 1667 1730 1232 765 561 422 423 501 535 534 616 710 794 994 938 965 934

Gold Coast 149 96 567 1138 522 227 187 82 101 88 91 105 125 161 196 229 303 304 331 326

Sunshine Coast 50 99 172 144 79 66 68 45 124 108 97 93 77 73 76 81 100 94 95 87

West Moreton 51 167 300 114 27 20 30 15 6 5 7 14 22 33 41 49 65 66 72 70

Wide Bay/Burnett 34 46 113 143 76 41 51 49 32 28 32 31 31 36 42 46 57 52 54 52

Darling Downs 34 33 59 96 57 31 33 69 75 50 55 46 40 40 44 47 56 51 53 52

South West 8 11 15 23 12 9 15 6 4 7 8 6 6 6 7 8 10 9 9 8

Fitzroy 44 34 65 97 88 139 231 82 35 35 39 35 38 46 55 63 78 73 72 63

Central West 3 5 6 13 17 10 6 3 5 9 9 7 6 5 6 6 7 7 7 6

Mackay 25 27 113 237 113 68 104 26 7 11 13 16 22 32 41 48 63 63 67 64

Northern 218 200 297 293 142 291 335 61 53 87 95 90 92 110 130 148 188 179 185 173

Far North 91 270 428 244 247 217 81 36 27 43 52 48 58 76 94 108 137 131 133 122

North West 7 6 11 24 23 28 25 4 4 7 8 7 7 8 10 11 13 12 12 10

Queensland 1504 2117 3851 4233 3134 2379 1930 1040 896 901 1007 1033 1057 1244 1451 1639 2071 1978 2053 1968

Table A.10 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Private engineering

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 5506 7868 7292 7563 7361 7253 8023 8034 5503 5420 5354 6708 6699 6847 6706 6851 7209 7260 7546 7877

Gold Coast 1353 1701 1549 1572 1443 1728 2058 2139 1497 1465 1311 1703 1778 1851 1886 1982 2132 2164 2271 2385

Sunshine Coast 575 804 949 1972 1324 1165 1377 1388 1008 975 850 1069 1150 1194 1213 1272 1366 1384 1450 1520

West Moreton 148 147 125 145 130 123 123 146 107 92 74 90 90 87 83 83 86 84 85 86

Wide Bay/Burnett 203 108 81 68 77 188 87 106 72 59 38 42 45 79 87 105 85 66 46 40

Darling Downs 1597 1538 1163 1406 1626 1797 1722 1848 966 913 1518 1228 1229 1111 741 687 758 705 812 985

South West 634 662 320 451 783 902 995 1272 815 415 153 189 196 181 173 172 178 173 175 177

Fitzroy 1274 1753 1986 4285 16186 18396 21133 7331 2118 2646 2673 2950 2786 2733 3047 3542 3504 3581 3404 3012

Central West 55 61 56 83 106 173 241 456 142 92 309 428 1159 1215 620 736 469 241 376 553

Mackay 797 1054 948 1232 1994 3182 2843 2166 1793 1586 2042 1837 1621 1708 1117 1705 1709 1199 947 1017

Northern 972 793 835 796 882 1087 1151 794 569 529 968 995 901 761 923 972 889 1021 873 935

Far North 360 469 458 571 534 614 669 584 378 967 1766 2062 1271 759 1129 931 804 759 787 1422

North West 456 509 349 569 769 1069 978 516 306 281 455 960 831 311 365 530 531 350 268 261

Queensland 13929 17467 16112 20712 33216 37678 41399 26780 15274 15440 17512 20261 19755 18838 18091 19568 19720 18988 19039 20270


Table A.11 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Public engineering

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 1912 1827 1962 1957 2049 1838 1580 1223 1009 1028 1628 1889 2337 2576 2423 2387 2057 2250 2333 2194

Gold Coast 411 418 355 320 392 407 375 279 261 296 412 454 501 555 489 476 466 553 602 541

Sunshine Coast 189 211 224 229 234 243 293 258 193 162 258 287 359 393 340 326 280 328 343 324

West Moreton 117 117 137 100 93 112 108 67 62 77 91 62 50 52 66 69 63 80 87 93

Wide Bay/Burnett 358 373 371 401 440 422 341 290 197 205 265 238 291 392 416 416 379 459 493 490

Darling Downs 186 124 181 223 271 364 444 361 389 381 475 424 375 438 437 443 397 458 451 430

South West 48 42 49 41 102 47 37 41 61 59 70 67 78 91 98 104 94 113 121 119

Fitzroy 285 256 341 394 411 460 355 307 324 276 367 424 587 669 601 545 468 604 699 564

Central West 44 35 37 28 37 29 24 26 34 25 29 34 42 49 53 56 50 60 63 62

Mackay 300 452 447 357 212 197 179 171 125 145 216 283 504 692 518 477 453 551 474 455

Northern 195 186 224 212 272 304 256 245 173 191 339 440 512 352 278 269 251 297 297 273

Far North 241 219 191 173 277 325 292 232 200 191 292 309 379 421 397 390 350 409 427 403

North West 83 47 39 64 64 78 69 74 94 72 71 74 92 107 95 91 81 94 98 91

Queensland 4369 4307 4557 4499 4852 4828 4352 3574 3121 3108 4513 4986 6106 6787 6211 6047 5390 6254 6488 6040

Table A.12 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Non-residential building total

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 4278 4768 4300 4207 4492 3917 3455 3310 3716 3484 3456 3891 3554 3743 3793 4059 4499 4056 3937 3954

Gold Coast 799 683 1085 1604 886 616 748 1002 1158 1069 952 985 891 949 984 1083 1238 1150 1149 1161

Sunshine Coast 384 356 356 325 295 372 766 777 465 454 420 448 409 432 444 486 546 498 485 485

West Moreton 85 206 334 146 61 49 56 39 37 61 70 95 101 119 128 143 166 155 156 155

Wide Bay/Burnett 215 214 257 315 200 126 180 209 214 214 214 237 214 222 225 241 265 238 230 230

Darling Downs 209 159 185 280 256 213 297 348 499 438 420 432 326 290 260 255 263 224 212 213

South West 14 15 21 34 32 40 46 30 24 18 24 27 24 24 25 27 31 29 29 29

Fitzroy 206 214 224 265 309 606 848 406 189 153 179 230 238 274 296 329 373 341 332 329

Central West 5 8 9 18 21 14 16 11 8 13 18 21 19 19 19 19 21 18 17 16

Mackay 254 268 324 577 453 375 420 266 179 92 127 175 182 209 226 253 290 268 264 264

Northern 462 428 492 512 419 567 559 264 336 359 398 475 462 507 531 579 652 593 578 569

Far North 315 536 601 397 416 355 185 151 158 160 236 324 350 409 441 490 554 505 490 481

North West 26 21 21 46 49 56 89 72 28 17 26 32 31 35 37 42 48 44 43 42

Queensland 7252 7876 8209 8727 7889 7304 7664 6884 7009 6532 6539 7371 6801 7232 7409 8005 8945 8118 7921 7928


Table A.13 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Engineering total

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 7417 9695 9254 9520 9410 9092 9602 9257 6512 6448 6982 8597 9036 9423 9129 9238 9266 9511 9879 10071

Gold Coast 1764 2119 1905 1892 1835 2135 2433 2418 1758 1760 1723 2157 2279 2406 2375 2458 2598 2717 2873 2927

Sunshine Coast 763 1015 1174 2201 1558 1408 1670 1646 1201 1136 1108 1356 1509 1587 1553 1598 1647 1712 1792 1845

West Moreton 264 264 261 245 223 236 231 212 170 169 165 152 140 139 149 152 149 163 172 179

Wide Bay/Burnett 561 480 451 469 517 610 428 396 269 265 304 280 336 471 503 520 464 526 538 530

Darling Downs 1783 1662 1344 1629 1897 2161 2165 2208 1355 1294 1994 1653 1604 1550 1178 1130 1155 1163 1263 1415

South West 682 704 369 493 885 949 1032 1312 876 474 223 256 274 272 271 276 272 287 296 296

Fitzroy 1559 2009 2327 4679 16597 18856 21487 7638 2441 2922 3040 3374 3373 3402 3648 4087 3972 4184 4104 3576

Central West 99 96 93 110 143 202 266 482 175 117 337 462 1201 1264 673 791 519 301 439 614

Mackay 1097 1506 1395 1589 2205 3380 3022 2338 1919 1732 2258 2120 2125 2399 1635 2182 2162 1749 1421 1471

Northern 1167 979 1060 1008 1154 1391 1407 1040 742 720 1307 1435 1413 1113 1201 1241 1140 1318 1170 1208

Far North 601 688 649 744 811 939 960 816 578 1158 2058 2371 1649 1180 1526 1321 1154 1168 1214 1825

North West 539 556 388 633 832 1148 1046 590 400 352 526 1034 924 418 461 621 612 444 366 352

Queensland 18298 21774 20669 25211 38068 42506 45751 30353 18395 18547 22024 25247 25861 25625 24302 25615 25110 25242 25527 26310

Table A.14 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Total residential (excluding other work done)

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 5734 5402 5322 5213 4932 4280 4725 6424 8064 8218 7648 7023 6490 5964 5974 5920 5979 6514 6749 6576

Gold Coast 2373 2150 1968 1301 944 794 920 1230 1913 2443 2234 2230 2194 2107 2202 2273 2359 2609 2727 2669

Sunshine Coast 1366 1246 1089 970 775 671 723 984 1169 1298 1287 1356 1371 1337 1383 1404 1439 1581 1642 1593

West Moreton 202 240 268 238 194 223 182 180 180 188 205 217 219 214 222 224 230 252 262 254

Wide Bay/Burnett 917 775 724 641 445 397 380 408 419 437 483 495 490 470 480 482 490 534 550 526

Darling Downs 428 371 498 537 423 472 493 492 454 404 403 415 411 394 401 399 403 437 448 426

South West 24 20 22 19 24 49 50 28 19 10 12 16 18 19 20 21 22 24 25 24

Fitzroy 637 490 391 416 514 825 961 468 268 208 301 385 426 436 462 471 484 533 553 532

Central West 8 8 9 9 14 13 9 7 5 2 6 5 5 4 4 4 4 4 4 4

Mackay 637 509 575 504 462 728 802 408 208 132 189 278 328 344 377 396 412 456 476 465

Northern 804 783 721 591 532 523 520 486 415 283 345 434 480 492 518 528 543 596 619 600

Far North 975 711 555 464 448 412 338 347 436 422 500 674 776 810 861 890 924 1018 1060 1032

North West 25 26 26 30 28 23 27 22 16 7 22 26 27 27 27 27 27 29 29 27

Queensland 14131 12731 12168 10933 9736 9411 10129 11483 13566 14051 13635 13554 13236 12618 12931 13039 13315 14587 15143 14729



Table A.15 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Total public sector engineering (including Commonwealth)

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 2797 3045 3858 3867 3840 3087 2379 1846 1480 1510 2190 2484 2941 3268 3208 3261 3139 3282 3399 3236

Gold Coast 567 521 941 1482 923 637 562 367 370 398 517 574 643 734 703 724 790 880 959 894

Sunshine Coast 248 318 415 391 318 309 361 303 319 270 355 380 435 466 416 407 380 421 437 411

West Moreton 167 284 441 217 121 134 138 82 68 82 98 77 72 85 107 119 129 146 159 163

Wide Bay/Burnett 403 428 501 608 522 465 394 341 231 236 301 272 326 432 462 466 439 516 551 548

Darling Downs 224 163 255 340 332 399 482 438 468 432 531 471 415 480 482 491 454 510 505 484

South West 60 55 64 65 114 57 53 47 64 66 78 73 84 98 106 112 104 123 130 127

Fitzroy 348 295 430 538 509 632 641 407 361 313 408 461 626 717 658 609 548 679 774 630

Central West 48 41 44 41 57 40 31 29 39 34 38 41 48 54 59 62 57 66 69 67

Mackay 332 493 578 620 332 271 287 200 134 156 229 300 526 724 559 526 516 613 541 518

Northern 433 409 624 604 457 606 624 317 253 290 446 542 619 478 423 433 457 495 501 467

Far North 347 502 651 474 540 554 386 290 267 285 394 407 495 560 552 563 557 615 641 611

North West 91 57 52 95 96 110 97 81 105 79 79 81 100 116 105 102 95 107 110 102

Queensland 6066 6611 8853 9341 8161 7301 6435 4748 4159 4150 5662 6162 7330 8211 7840 7874 7666 8453 8777 8261

Table A.16 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Private residential (other work done)

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 2978 2837 2965 3046 3159 2457 2431 2482 2642 2556 2944 2815 2883 2925 3190 3361 3391 3423 3483 3596

Gold Coast 1251 1189 1241 1047 946 869 933 928 960 931 1119 985 1006 1021 1115 1178 1194 1211 1239 1286

Sunshine Coast 796 753 779 656 598 553 597 599 622 591 680 627 639 649 709 749 758 768 784 813

West Moreton 121 115 122 118 118 99 103 104 108 103 121 107 109 110 120 127 128 129 132 136

Wide Bay/Burnett 394 380 399 374 366 306 313 313 322 304 353 311 314 314 339 355 355 356 359 368

Darling Downs 240 227 236 287 321 221 204 209 220 206 227 219 222 224 243 255 257 258 262 269

South West 21 20 21 25 28 20 20 21 23 21 22 21 22 22 24 25 25 25 26 26

Fitzroy 235 229 240 245 255 203 215 226 234 226 278 223 225 228 248 261 264 267 273 282

Central West 7 7 7 10 12 8 7 7 7 7 7 7 7 7 7 8 8 8 8 8

Mackay 217 213 228 199 186 180 208 218 225 216 267 209 210 210 228 240 242 244 248 256

Northern 315 309 328 280 258 243 268 271 281 264 304 268 270 272 296 311 313 316 321 331

Far North 411 396 410 344 311 290 313 311 318 300 346 307 313 319 351 373 380 388 399 416

North West 10 9 10 9 8 8 9 9 9 9 11 9 9 10 11 11 12 12 12 13

Queensland 6996 6685 6985 6640 6567 5457 5622 5698 5971 5733 6680 6108 6229 6310 6881 7252 7326 7405 7545 7801


Table A.17 Queensland regional construction value of work done: chain volume measure (2014-15 $M) – Total construction

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 20407 22701 21841 21986 21993 19747 20213 21472 20933 20707 21030 22326 21963 22054 22087 22577 23135 23503 24048 24198

Gold Coast 6187 6141 6199 5843 4611 4414 5033 5578 5789 6202 6028 6357 6370 6482 6675 6992 7388 7687 7987 8043

Sunshine Coast 3309 3370 3397 4153 3226 3003 3757 4005 3457 3479 3495 3787 3929 4005 4090 4236 4390 4559 4704 4735

West Moreton 673 825 986 748 596 606 572 534 495 521 561 571 569 582 620 646 672 700 722 725

Wide Bay/Burnett 2087 1850 1831 1800 1528 1439 1301 1326 1223 1218 1354 1324 1353 1477 1547 1598 1574 1653 1677 1654

Darling Downs 2661 2419 2263 2733 2898 3067 3160 3258 2529 2342 3044 2718 2562 2458 2083 2039 2077 2082 2184 2323

South West 740 759 433 571 970 1059 1148 1391 941 523 282 320 338 337 340 349 350 365 375 375

Fitzroy 2637 2943 3182 5606 17675 20490 23512 8739 3133 3509 3798 4211 4262 4340 4653 5149 5094 5325 5261 4719

Central West 120 119 119 147 189 237 297 507 195 139 369 496 1231 1295 703 822 551 331 469 643

Mackay 2205 2497 2522 2869 3306 4663 4452 3230 2530 2172 2840 2782 2844 3163 2466 3070 3105 2717 2409 2457

Northern 2749 2499 2600 2391 2363 2724 2754 2061 1775 1626 2354 2611 2625 2384 2545 2658 2649 2823 2687 2709

Far North 2302 2331 2215 1948 1987 1997 1796 1625 1490 2040 3139 3676 3088 2718 3179 3074 3012 3079 3164 3755

North West 600 613 445 716 919 1234 1171 692 453 386 585 1102 992 489 536 701 698 529 450 434

Queensland 46677 49066 48032 51511 62260 64679 69166 54419 44942 44864 48878 52281 52127 51785 51523 53911 54696 55351 56136 56769

Table A.18 Queensland regional construction value of work done: chain volume measure (2014-15 %) – Total construction expenditure share of State total

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 43.7 46.3 45.5 42.7 35.3 30.5 29.2 39.5 46.6 46.2 43.0 42.7 42.1 42.6 42.9 41.9 42.3 42.5 42.8 42.6

Gold Coast 13.3 12.5 12.9 11.3 7.4 6.8 7.3 10.3 12.9 13.8 12.3 12.2 12.2 12.5 13.0 13.0 13.5 13.9 14.2 14.2

Sunshine Coast 7.1 6.9 7.1 8.1 5.2 4.6 5.4 7.4 7.7 7.8 7.1 7.2 7.5 7.7 7.9 7.9 8.0 8.2 8.4 8.3

West Moreton 1.4 1.7 2.1 1.5 1.0 0.9 0.8 1.0 1.1 1.2 1.1 1.1 1.1 1.1 1.2 1.2 1.2 1.3 1.3 1.3

Wide Bay/Burnett 4.5 3.8 3.8 3.5 2.5 2.2 1.9 2.4 2.7 2.7 2.8 2.5 2.6 2.9 3.0 3.0 2.9 3.0 3.0 2.9

Darling Downs 5.7 4.9 4.7 5.3 4.7 4.7 4.6 6.0 5.6 5.2 6.2 5.2 4.9 4.7 4.0 3.8 3.8 3.8 3.9 4.1

South West 1.6 1.5 0.9 1.1 1.6 1.6 1.7 2.6 2.1 1.2 0.6 0.6 0.6 0.7 0.7 0.6 0.6 0.7 0.7 0.7

Fitzroy 5.6 6.0 6.6 10.9 28.4 31.7 34.0 16.1 7.0 7.8 7.8 8.1 8.2 8.4 9.0 9.6 9.3 9.6 9.4 8.3

Central West 0.3 0.2 0.2 0.3 0.3 0.4 0.4 0.9 0.4 0.3 0.8 0.9 2.4 2.5 1.4 1.5 1.0 0.6 0.8 1.1

Mackay 4.7 5.1 5.2 5.6 5.3 7.2 6.4 5.9 5.6 4.8 5.8 5.3 5.5 6.1 4.8 5.7 5.7 4.9 4.3 4.3

Northern 5.9 5.1 5.4 4.6 3.8 4.2 4.0 3.8 3.9 3.6 4.8 5.0 5.0 4.6 4.9 4.9 4.8 5.1 4.8 4.8

Far North 4.9 4.8 4.6 3.8 3.2 3.1 2.6 3.0 3.3 4.5 6.4 7.0 5.9 5.2 6.2 5.7 5.5 5.6 5.6 6.6

North West 1.3 1.2 0.9 1.4 1.5 1.9 1.7 1.3 1.0 0.9 1.2 2.1 1.9 0.9 1.0 1.3 1.3 1.0 0.8 0.8

Queensland 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0


Table A.19 Queensland regional dwelling units commenced (number) – Total residential dwelling units

Fiscal years 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027

Brisbane 19750 13596 16965 15570 14478 14173 19913 27645 30955 24369 22241 20490 20648 19541 18719 18345 18084 17868 17698 17521

Gold Coast 6840 4500 4208 2974 2579 2689 3896 5463 7394 7100 7083 6351 6591 6412 6381 6437 6410 6367 6324 6275

Sunshine Coast

3787 2779 2964 2535 1985 1820 2741 3583 4282 4450 4851 4636 4863 4706 4572 4518 4478 4431 4376 4313

West Moreton 862 754 918 621 703 644 554 590 610 636 754 800 840 814 782 765 758 751 742 742

Wide Bay/Burnett 3260 3464 1971 2580 1656 1425 1268 1419 1524 1480 1547 1893 1946 2017 1935 1860 1819 1794 1765 1727

Darling Downs 1421 970 1917 1215 1313 1455 1874 1743 1480 1277 1438 1482 1538 1472 1403 1363 1339 1313 1281 1252

South West 78 52 62 49 113 130 107 86 20 17 30 37 40 40 39 38 38 37 37 36

Fitzroy 1834 937 1269 1116 1868 2832 1776 980 675 592 1121 1350 1464 1440 1391 1363 1352 1337 1315 1296

Central West 20 26 16 22 31 16 13 17 6 6 9 9 9 8 8 7 7 7 7 7

Mackay 1570 1027 1483 1145 1617 2622 1680 692 381 222 490 657 726 730 727 727 724 719 713 712

Northern 2732 1339 2064 1274 1458 1784 1756 1734 985 864 1461 1742 1890 1852 1786 1749 1732 1713 1690 1670

Far North 2945 1282 1582 883 887 749 990 1378 1314 1150 1808 2046 2249 2219 2179 2166 2151 2132 2110 2092

North West 98 46 90 77 56 64 86 60 29 47 95 108 114 109 102 98 96 94 91 88

Queensland 45401 29280 36118 29138 28514 30247 36806 45495 49609 42277 43273 41652 42989 41279 39949 39396 38963 38535 38111 37691



137 137

Appendix B

Additional quarterly tables


Table B.1 Private dwelling value of work done: new construction (including alterations and additions) – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/

Burnett Darling Downs

South West Fitzroy

Central West Mackay Northern

Far North

North West Queensland

Queensland December

2016 = 100

2012.3 1067 196 170 54 97 107 9 157 3 144 126 110 4 2243 64

2012.4 1117 204 178 60 105 121 12 191 3 178 135 109 5 2419 68

2013.1 1032 192 161 55 97 118 13 204 3 189 124 93 5 2286 65

2013.2 1048 199 162 53 98 122 15 239 3 211 127 87 6 2369 67

2013.3 1033 202 157 47 93 119 15 248 3 213 120 81 6 2336 66

2013.4 1123 223 171 46 93 122 14 249 2 215 122 82 6 2469 70

2014.1 1203 235 187 44 93 121 12 221 2 196 121 81 6 2523 71

2014.2 1332 260 207 45 99 126 9 186 2 173 123 80 6 2648 75

2014.3 1408 270 221 44 99 124 7 146 1 136 119 77 6 2659 75

2014.4 1463 274 230 43 98 118 6 115 1 105 116 75 5 2651 75

2015.1 1724 335 268 48 108 125 7 106 2 92 126 86 5 3030 86

2015.2 1766 345 264 44 102 116 7 84 2 73 115 87 3 3009 85

2015.3 1859 388 273 44 101 113 6 73 2 62 109 93 3 3126 89

2015.4 1996 455 289 46 105 115 5 67 1 54 103 100 2 3340 95

2016.1 2116 522 305 46 108 116 4 66 1 49 95 104 2 3533 100

2016.2 2044 541 301 44 103 107 3 60 1 41 81 98 2 3426 97

2016.3 2166 605 321 46 108 108 3 60 0 39 76 101 2 3637 103

2016.4 2103 593 322 46 107 103 2 53 1 35 69 95 2 3532 100

2017.1 1845 560 299 43 100 90 2 45 1 28 60 83 2 3157 89

2017.2 2044 671 356 52 118 101 2 49 1 29 66 93 2 3584 101

2017.3 2007 587 329 51 121 103 3 68 1 43 77 103 4 3495 99

2017.4 1979 565 327 53 124 103 3 75 2 44 83 109 6 3472 98

2018.1 1909 559 328 53 123 103 3 80 2 50 88 119 6 3422 97

2018.2 1693 508 302 48 112 94 3 77 1 51 85 119 6 3102 88

2018.3 1725 531 320 51 118 99 4 86 1 60 95 136 6 3231 91

2018.4 1746 552 337 54 123 103 4 94 1 68 104 153 6 3346 95

2019.1 1752 563 346 55 125 105 4 99 1 73 110 163 7 3405 96

2019.2 1740 569 352 56 127 107 4 104 1 78 114 172 7 3430 97

Fiscal year

2013 4264 792 671 222 396 468 48 791 13 722 511 400 19 9317

2014 4690 920 723 182 378 488 50 905 9 798 486 324 24 9976

2015 6362 1224 984 180 406 483 27 451 6 406 476 325 19 11349

2016 8015 1905 1167 180 417 451 19 266 4 207 388 396 9 13424

2017 8159 2429 1298 188 434 403 10 207 2 132 271 372 7 13909

2018 7588 2219 1287 205 480 403 12 299 6 189 333 450 22 13492

2019 6963 2216 1356 217 492 414 16 383 5 278 422 624 26 13412


Table B.2 Private dwelling: other value of work done – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 646 212 135 25 78 62 5 53 2 43 59 70 2 1392 100

2012.4 644 225 143 26 80 59 5 53 2 46 63 75 2 1421 102

2013.1 571 209 133 23 72 50 5 48 2 44 59 70 2 1288 93

2013.2 595 223 142 25 76 51 5 50 2 47 63 75 2 1356 98

2013.3 603 233 149 25 78 50 5 52 2 51 66 78 2 1394 100

2013.4 609 234 150 26 79 51 5 54 2 52 67 79 2 1409 101

2014.1 614 235 151 26 79 52 5 55 2 53 68 79 2 1420 102

2014.2 606 230 148 26 78 51 5 55 2 53 67 77 2 1399 101

2014.3 587 222 143 25 75 50 5 54 2 52 64 74 2 1353 97

2014.4 609 229 147 26 77 51 5 56 2 54 67 77 2 1401 101

2015.1 638 238 154 27 80 54 6 58 2 56 70 80 2 1464 105

2015.2 648 240 155 27 81 55 6 59 2 57 70 80 2 1480 107

2015.3 668 245 159 28 83 56 6 60 2 58 72 82 2 1519 109

2015.4 646 236 153 27 79 54 6 58 2 55 69 78 2 1464 105

2016.1 670 242 157 27 81 56 6 59 2 57 71 80 2 1511 109

2016.2 658 237 153 27 79 54 6 57 2 55 69 78 2 1476 106

2016.3 639 229 148 26 76 52 5 55 2 53 66 75 2 1428 103

2016.4 625 223 144 25 73 51 5 53 2 51 64 72 2 1389 100

2017.1 633 225 145 25 74 51 5 53 2 51 64 73 2 1401 101

2017.2 660 254 154 28 81 51 5 65 2 62 70 80 3 1515 109

2017.3 716 274 166 30 87 56 6 69 2 66 75 85 3 1633 118

2017.4 761 289 176 31 91 59 6 72 2 69 79 90 3 1728 124

2018.1 739 281 170 30 88 57 6 69 2 67 76 87 3 1675 121

2018.2 728 276 167 30 87 56 5 68 2 65 74 85 3 1645 118

2018.3 695 243 155 27 77 54 5 55 2 52 67 76 2 1511 109

2018.4 702 246 156 27 78 55 5 56 2 52 67 77 2 1523 110

2019.1 707 247 157 27 78 55 5 56 2 52 67 77 2 1533 110

2019.2 712 249 158 27 78 55 5 56 2 52 67 77 2 1541 111

Fiscal year

2013 2457 869 553 99 306 221 20 203 8 180 243 290 8 5457

2014 2431 933 597 103 313 204 20 215 7 208 268 313 9 5622

2015 2482 928 599 104 313 209 21 226 7 218 271 311 9 5698

2016 2642 960 622 108 322 220 23 234 7 225 281 318 9 5971

2017 2556 931 591 103 304 206 21 226 7 216 264 300 9 5733

2018 2944 1119 680 121 353 227 22 278 7 267 304 346 11 6680

2019 2815 985 627 107 311 219 21 223 7 209 268 307 9 6108


Table B.3 Private dwelling: total value of work done – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 1713 409 304 79 174 169 15 209 5 187 185 180 6 3635 74

2012.4 1761 429 321 86 184 180 17 244 5 224 197 184 7 3840 78

2013.1 1603 402 294 78 170 168 17 252 5 232 183 163 7 3574 73

2013.2 1643 422 304 77 174 173 19 289 5 258 190 162 8 3725 76

2013.3 1635 435 306 72 171 169 19 300 4 264 187 159 8 3730 76

2013.4 1732 457 322 72 172 173 19 303 4 267 189 160 8 3878 79

2014.1 1817 470 338 70 172 173 17 276 4 249 189 160 8 3943 80

2014.2 1937 490 355 71 176 177 14 241 3 226 189 158 8 4047 82

2014.3 1995 492 364 69 174 173 13 199 3 187 183 152 8 4012 82

2014.4 2072 503 378 69 175 169 12 171 3 159 183 152 7 4052 82

2015.1 2363 573 422 74 188 179 13 164 4 148 195 165 7 4494 91

2015.2 2414 584 419 71 183 171 12 143 4 129 185 167 6 4489 91

2015.3 2526 633 432 72 184 169 12 133 4 120 181 175 5 4645 94

2015.4 2643 690 441 72 184 169 11 125 3 110 172 179 5 4804 98

2016.1 2786 764 462 73 189 171 10 125 3 106 166 184 5 5044 102

2016.2 2702 777 454 70 182 161 9 118 2 96 150 176 4 4902 100

2016.3 2805 834 469 72 184 161 8 115 2 92 142 176 4 5065 103

2016.4 2728 815 466 71 181 154 8 106 2 86 133 168 4 4921 100

2017.1 2478 785 443 68 173 142 7 98 2 79 124 155 4 4558 93

2017.2 2703 925 510 80 200 152 7 114 2 92 136 173 4 5099 104

2017.3 2722 861 495 81 208 158 8 136 3 109 152 188 7 5128 104

2017.4 2740 854 503 84 215 162 9 147 3 114 162 198 9 5200 106

2018.1 2648 839 498 83 211 160 9 149 3 117 164 206 9 5097 104

2018.2 2421 784 470 78 199 150 9 145 3 117 159 204 8 4747 96

2018.3 2419 775 475 78 195 153 9 141 3 112 161 212 8 4741 96

2018.4 2447 798 493 81 200 158 9 150 3 120 171 230 9 4869 99

2019.1 2459 811 504 82 203 160 10 155 3 125 177 240 9 4939 100

2019.2 2452 817 510 83 205 162 10 160 3 130 181 249 9 4971 101

Fiscal year

2013 6721 1661 1224 320 702 689 69 995 20 902 755 689 27 14774

2014 7121 1852 1321 285 691 692 70 1121 15 1006 754 637 32 15598

2015 8844 2152 1582 283 719 693 49 677 13 624 747 636 28 17047

2016 10656 2865 1789 288 738 671 41 500 12 431 669 714 19 19395

2017 10715 3359 1888 291 737 609 30 433 9 348 535 672 16 19643

2018 10532 3338 1967 326 833 630 35 577 13 456 637 796 33 20172

2019 9778 3201 1983 324 804 633 37 606 12 487 690 931 35 19520


Table B.4 Private non-residential building value of work done – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 641 87 63 7 21 40 7 78 0 74 71 39 5 1133 80

2012.4 660 94 69 7 20 41 8 100 0 68 66 34 6 1172 83

2013.1 690 103 73 7 21 48 8 134 1 81 74 36 7 1283 91

2013.2 694 105 101 7 24 54 9 155 1 84 65 29 9 1337 94

2013.3 688 110 154 7 28 61 9 168 2 86 59 27 12 1409 100

2013.4 679 115 159 7 30 65 8 161 2 81 58 26 16 1406 99

2014.1 650 146 177 6 34 67 7 151 3 77 52 25 17 1413 100

2014.2 673 189 208 6 38 72 7 138 3 73 54 26 19 1506 106

2014.3 665 201 207 6 39 71 6 114 3 66 52 27 20 1477 104

2014.4 678 228 215 6 42 70 6 92 3 63 52 28 18 1501 106

2015.1 679 239 182 6 39 65 6 69 2 56 48 29 16 1436 101

2015.2 726 251 128 6 40 73 6 49 1 55 51 31 13 1430 101

2015.3 750 266 122 6 40 92 6 42 1 51 60 32 8 1475 104

2015.4 863 288 75 8 45 108 6 38 0 49 73 35 8 1595 113

2016.1 850 256 73 8 48 110 5 38 0 41 75 33 4 1542 109

2016.2 830 247 70 9 48 115 4 37 1 31 75 31 3 1501 106

2016.3 753 210 63 9 46 104 3 31 1 25 69 29 3 1345 95

2016.4 768 243 78 12 48 106 3 30 1 22 73 29 3 1416 100

2017.1 775 257 100 16 47 98 3 30 1 19 70 28 2 1445 102

2017.2 765 272 104 19 45 81 3 26 1 16 60 31 2 1425 101

2017.3 754 243 91 17 46 88 3 31 2 23 69 38 3 1408 99

2017.4 720 208 76 14 45 92 4 34 2 29 75 44 4 1348 95

2018.1 709 199 75 15 44 89 4 35 2 29 76 47 5 1327 94

2018.2 772 212 81 17 48 95 5 40 3 33 84 54 5 1449 102

2018.3 849 228 89 19 52 103 5 46 3 38 95 64 6 1599 113

2018.4 873 229 92 21 54 104 6 50 4 41 100 71 7 1648 116

2019.1 832 216 88 20 51 94 5 49 4 40 96 70 6 1572 111

2019.2 802 207 86 20 49 86 5 49 3 40 95 71 6 1519 107

Fiscal year

2013 2685 389 305 29 85 182 31 467 3 307 276 139 28 4926

2014 2690 560 698 26 129 264 31 617 10 316 224 104 64 5734

2015 2748 920 732 23 160 279 24 324 8 240 203 115 67 5844

2016 3294 1057 340 31 182 424 20 154 2 171 283 131 23 6114

2017 3062 981 346 56 186 388 11 117 4 81 272 117 10 5631

2018 2955 861 323 63 182 365 16 140 9 114 304 183 18 5533

2019 3356 880 355 80 207 386 21 194 14 158 385 276 26 6338


Table B.5 Public non-residential building value of work done – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 328 43 14 4 9 7 1 19 3 10 38 57 5 538 245

2012.4 345 56 17 5 11 8 2 29 3 15 68 63 6 628 286

2013.1 294 67 18 6 11 9 3 43 3 20 90 53 8 624 284

2013.2 265 61 17 6 10 7 3 47 2 23 95 45 8 588 268

2013.3 215 71 19 9 13 7 5 68 2 33 124 29 9 604 275

2013.4 199 51 18 8 12 7 4 64 2 30 95 22 8 521 237

2014.1 169 35 15 7 12 7 3 52 1 23 70 15 4 415 189

2014.2 181 31 16 6 14 12 3 46 1 18 46 14 3 390 178

2014.3 192 27 15 6 16 18 2 36 1 13 28 13 2 369 168

2014.4 145 19 12 4 12 17 2 22 1 7 18 9 1 268 122

2015.1 141 21 12 3 12 20 1 16 1 4 9 9 1 251 114

2015.2 84 15 7 2 8 14 1 8 1 2 6 5 0 152 69

2015.3 124 26 11 2 11 22 1 10 1 2 11 8 1 229 104

2015.4 72 17 6 1 6 14 1 6 1 1 9 5 1 138 63

2016.1 97 23 57 1 7 18 1 8 2 2 13 6 1 236 108

2016.2 128 35 50 1 8 21 1 11 2 2 21 9 2 292 133

2016.3 117 30 58 1 7 15 2 10 2 3 24 9 2 280 128

2016.4 100 25 27 1 6 12 2 8 2 3 22 9 2 219 100

2017.1 73 15 15 1 5 9 1 7 2 2 16 9 1 154 70

2017.2 134 18 8 2 9 15 2 10 3 3 25 16 2 247 113

2017.3 132 16 11 2 9 15 2 10 3 3 23 17 2 245 112

2017.4 118 25 30 1 8 14 2 10 2 3 24 12 2 252 115

2018.1 123 25 29 2 8 13 2 10 2 3 24 12 2 254 116

2018.2 127 25 27 2 8 13 2 9 2 3 23 12 2 255 116

2018.3 123 24 24 3 7 11 2 8 2 3 21 11 2 240 109

2018.4 120 22 21 3 7 10 1 8 2 3 20 10 1 229 104

2019.1 148 29 25 4 8 12 2 10 2 5 24 13 2 284 129

2019.2 145 30 23 5 8 12 2 10 2 5 24 14 2 280 128

Fiscal year

2013 1232 227 66 20 41 31 9 139 10 68 291 217 28 2379

2014 765 187 68 30 51 33 15 231 6 104 335 81 25 1930

2015 561 82 45 15 49 69 6 82 3 26 61 36 4 1040

2016 422 101 124 6 32 75 4 35 5 7 53 27 4 896

2017 423 88 108 5 28 50 7 35 9 11 87 43 7 901

2018 501 91 97 7 32 55 8 39 9 13 95 52 8 1007

2019 535 105 93 14 31 46 6 35 7 16 90 48 7 1033


Table B.6 Total non-residential building value of work done – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 969 130 77 11 30 47 8 97 3 84 109 96 10 1671 102

2012.4 1005 150 86 12 30 49 9 129 3 83 134 97 12 1800 110

2013.1 984 170 91 13 31 56 11 177 4 102 164 89 16 1907 117

2013.2 959 166 118 13 34 61 12 202 3 106 160 74 17 1926 118

2013.3 902 181 173 16 40 68 13 236 4 119 183 56 21 2013 123

2013.4 878 166 177 15 42 72 12 225 4 111 153 49 24 1927 118

2014.1 820 181 192 13 46 74 11 203 4 100 122 40 22 1828 112

2014.2 854 220 224 13 52 83 10 184 4 91 100 40 22 1896 116

2014.3 857 228 222 12 56 89 9 150 4 78 80 40 22 1846 113

2014.4 822 247 227 10 54 87 8 114 3 70 70 37 19 1769 108

2015.1 820 260 194 9 51 85 7 84 3 60 57 37 17 1686 103

2015.2 810 266 135 8 48 87 6 57 2 57 57 37 13 1583 97

2015.3 874 291 133 8 51 114 6 52 2 53 71 39 9 1704 104

2015.4 935 305 82 9 51 122 6 44 1 50 82 39 8 1733 106

2016.1 948 280 130 9 56 128 6 46 2 42 88 39 5 1778 109

2016.2 958 282 120 11 56 136 6 47 3 33 96 40 5 1794 110

2016.3 870 240 121 10 53 119 5 42 3 27 94 37 5 1626 99

2016.4 868 268 105 13 54 118 5 38 3 25 95 39 5 1635 100

2017.1 848 271 115 17 52 106 4 36 3 21 86 37 4 1600 98

2017.2 899 289 113 21 54 96 5 36 4 19 85 47 4 1672 102

2017.3 887 259 102 19 55 103 6 41 4 26 92 55 6 1653 101

2017.4 839 232 106 16 52 107 6 44 5 32 99 56 6 1600 98

2018.1 831 224 103 16 52 103 6 45 5 32 99 59 7 1581 97

2018.2 900 237 108 19 55 108 6 49 5 37 107 66 7 1705 104

2018.3 972 251 113 22 60 114 7 55 5 41 116 75 8 1839 112

2018.4 992 251 113 24 61 114 7 57 5 44 119 81 8 1877 115

2019.1 979 245 113 24 60 106 7 59 5 45 121 84 8 1856 114

2019.2 947 237 109 25 57 97 7 59 5 45 119 85 8 1799 110

Fiscal year

2013 3917 616 372 49 126 213 40 606 14 375 567 355 56 7304

2014 3455 748 766 56 180 297 46 848 16 420 559 185 89 7664

2015 3310 1002 777 39 209 348 30 406 11 266 264 151 72 6884

2016 3716 1158 465 37 214 499 24 189 8 179 336 158 28 7009

2017 3484 1069 454 61 214 438 18 153 13 92 359 160 17 6532

2018 3456 952 420 70 214 420 24 179 18 127 398 236 26 6539

2019 3891 985 448 95 237 432 27 230 21 175 475 324 32 7371


Table B.7 Public sector engineering value of work done – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 472 99 56 26 109 78 15 114 8 50 75 78 19 1199 170

2012.4 450 100 55 27 108 84 11 120 7 49 79 81 20 1192 169

2013.1 427 96 58 27 98 88 10 108 7 46 71 77 19 1131 160

2013.2 490 113 73 32 108 113 11 117 7 52 79 89 21 1305 185

2013.3 423 100 70 29 90 110 10 97 6 45 65 77 18 1139 162

2013.4 397 97 74 29 82 117 9 87 6 42 60 74 16 1091 155

2014.1 384 91 74 26 83 111 9 85 6 44 63 71 17 1065 151

2014.2 376 87 75 23 86 106 9 85 6 47 68 70 18 1057 150

2014.3 276 63 58 16 67 77 7 64 5 38 55 52 14 791 112

2014.4 295 66 65 16 76 81 8 69 6 45 65 56 16 863 123

2015.1 306 70 65 16 72 91 11 78 7 43 62 58 19 897 127

2015.2 346 80 71 19 75 111 14 96 9 45 64 66 25 1023 145

2015.3 258 62 52 14 52 91 13 79 8 32 45 51 22 779 110

2015.4 230 58 46 13 43 91 15 79 8 27 38 47 24 721 102

2016.1 237 62 44 15 46 94 15 77 8 29 40 47 23 738 105

2016.2 284 78 50 19 56 113 18 88 9 37 50 55 25 883 125

2016.3 206 60 34 15 42 83 13 61 6 29 37 39 17 642 91

2016.4 225 69 35 18 47 92 14 63 6 33 42 42 18 705 100

2017.1 287 83 44 22 57 105 16 75 7 41 54 53 19 863 122

2017.2 310 84 48 22 59 101 16 76 6 42 58 57 18 898 127

2017.3 375 97 58 25 68 111 18 87 7 50 72 68 18 1053 149

2017.4 419 103 66 26 73 112 18 92 6 54 82 76 18 1144 162

2018.1 417 105 67 22 65 124 17 94 8 55 92 75 17 1157 164

2018.2 417 106 67 19 60 128 16 95 8 57 94 73 17 1158 164

2018.3 417 105 65 16 56 119 16 95 8 57 94 71 17 1136 161

2018.4 471 117 72 17 61 115 17 106 9 67 109 78 19 1257 178

2019.1 490 117 74 15 61 100 17 108 9 76 115 79 19 1281 182

2019.2 510 115 76 14 61 90 17 114 9 84 122 81 19 1313 186

Fiscal year

2013 1838 407 243 112 422 364 47 460 29 197 304 325 78 4828

2014 1580 375 293 108 341 444 37 355 24 179 256 292 69 4352

2015 1223 279 258 67 290 361 41 307 26 171 245 232 74 3574

2016 1009 261 193 62 197 389 61 324 34 125 173 200 94 3121

2017 1028 296 162 77 205 381 59 276 25 145 191 191 72 3108

2018 1628 412 258 91 265 475 70 367 29 216 339 292 71 4513

2019 1889 454 287 62 238 424 67 424 34 283 440 309 74 4986


Table B.8 Private sector engineering value of work done – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 1874 396 268 31 18 448 212 4561 38 773 264 143 266 9291 249

2012.4 1727 411 278 32 47 446 223 4615 40 815 274 146 276 9328 250

2013.1 1860 480 322 30 74 462 242 4937 41 821 280 172 262 9984 267

2013.2 1793 441 297 31 49 441 225 4283 54 773 269 153 266 9075 243

2013.3 1955 490 328 30 22 434 227 5871 58 730 285 170 285 10884 291

2013.4 2038 521 350 30 21 420 300 5583 57 718 294 178 274 10786 289

2014.1 2049 532 356 31 22 429 228 5115 58 696 299 167 227 10210 273

2014.2 1980 514 343 32 22 439 240 4563 69 698 274 154 191 9519 255

2014.3 2062 551 358 36 21 462 273 3380 113 638 205 159 130 8387 224

2014.4 2098 556 360 39 29 503 291 2453 146 488 207 151 138 7458 200

2015.1 2241 601 389 40 32 531 302 810 136 513 222 162 145 6126 164

2015.2 1634 431 281 30 23 352 406 687 62 526 160 113 103 4809 129

2015.3 1506 402 268 29 20 314 340 594 53 525 153 101 83 4389 117

2015.4 1432 394 266 29 20 253 201 537 36 426 151 98 82 3927 105

2016.1 1234 342 230 25 17 212 161 513 29 431 130 84 71 3480 93

2016.2 1331 358 244 24 15 187 113 474 23 412 134 95 69 3479 93

2016.3 1482 395 267 26 12 230 123 605 25 451 147 105 76 3943 105

2016.4 1325 355 238 23 13 208 108 674 22 393 131 189 59 3738 100

2017.1 1316 366 238 22 17 202 106 736 22 362 130 324 67 3907 105

2017.2 1298 349 232 21 18 273 78 631 24 380 122 349 78 3852 103

2017.3 1222 313 207 18 12 259 38 589 40 456 108 440 165 3868 103

2017.4 1197 290 191 17 8 376 34 592 45 588 211 411 150 4110 110

2018.1 1390 333 213 19 9 425 39 700 109 546 338 454 73 4648 124

2018.2 1544 375 238 21 10 458 43 792 115 452 311 461 67 4886 131

2018.3 1594 401 251 22 10 330 45 800 49 475 277 716 97 5066 136

2018.4 1626 410 257 22 10 302 45 731 76 465 266 638 250 5099 136

2019.1 1761 448 281 23 11 296 48 698 67 466 227 372 345 5045 135

2019.2 1727 444 280 23 11 300 51 720 237 430 225 336 269 5052 135

Fiscal year

2013 7253 1728 1165 123 188 1797 902 18396 173 3182 1087 614 1069 37678

2014 8023 2058 1377 123 87 1722 995 21133 241 2843 1151 669 978 41399

2015 8034 2139 1388 146 106 1848 1272 7331 456 2166 794 584 516 26780

2016 5503 1497 1008 107 72 966 815 2118 142 1793 569 378 306 15274

2017 5420 1465 975 92 59 913 415 2646 92 1586 529 967 281 15440

2018 5354 1311 850 74 38 1518 153 2673 309 2042 968 1766 455 17512

2019 6708 1703 1069 90 42 1228 189 2950 428 1837 995 2062 960 20261


Table B.9 Total engineering value of work done – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 2346 495 324 56 127 526 227 4675 46 823 340 221 284 10490 236

2012.4 2176 510 334 59 155 529 234 4735 47 865 353 227 296 10521 237

2013.1 2287 576 379 57 171 551 252 5045 48 867 351 249 281 11115 250

2013.2 2282 554 371 63 156 555 236 4401 62 825 347 241 287 10380 234

2013.3 2378 590 399 60 111 544 236 5968 64 775 350 247 303 12024 271

2013.4 2436 618 424 59 103 537 309 5671 62 760 354 251 291 11876 267

2014.1 2433 623 430 57 105 540 237 5201 64 741 363 238 244 11275 254

2014.2 2356 602 418 55 108 545 250 4648 75 745 341 224 208 10576 238

2014.3 2337 613 416 52 88 539 280 3443 118 676 260 210 143 9178 207

2014.4 2393 622 425 54 105 584 299 2523 151 533 271 207 154 8321 187

2015.1 2547 671 454 57 104 622 313 888 142 556 284 220 164 7022 158

2015.2 1980 512 352 49 98 463 420 783 71 572 225 179 128 5832 131

2015.3 1763 464 320 44 72 405 354 674 61 556 198 151 105 5168 116

2015.4 1663 453 312 42 63 344 216 616 44 453 190 145 106 4648 105

2016.1 1471 405 275 40 63 306 176 590 37 460 170 131 94 4218 95

2016.2 1615 436 294 43 71 300 131 562 32 449 184 150 95 4362 98

2016.3 1688 455 301 41 54 313 136 666 31 480 184 144 93 4585 103

2016.4 1549 423 273 41 60 300 122 738 28 427 173 232 77 4443 100

2017.1 1603 448 283 44 74 307 122 811 28 403 183 377 86 4769 107

2017.2 1608 434 280 43 76 374 94 707 30 422 180 405 96 4750 107

2017.3 1597 410 266 43 80 370 55 676 47 506 180 508 183 4921 111

2017.4 1616 393 257 42 81 488 53 684 51 642 293 486 168 5253 118

2018.1 1808 438 281 40 74 549 56 794 117 601 429 529 90 5805 131

2018.2 1961 482 305 40 70 586 59 887 122 509 405 534 84 6044 136

2018.3 2011 506 316 38 66 449 60 895 57 532 371 787 113 6202 140

2018.4 2098 527 329 38 71 418 62 838 84 532 375 716 269 6356 143

2019.1 2252 566 355 39 72 396 66 806 76 542 342 451 364 6326 142

2019.2 2236 559 357 37 71 390 68 835 246 514 347 417 288 6365 143

Fiscal year

2013 9092 2135 1408 236 610 2161 949 18856 202 3380 1391 939 1148 42506

2014 9602 2433 1670 231 428 2165 1032 21487 266 3022 1407 960 1046 45751

2015 9257 2418 1646 212 396 2208 1312 7638 482 2338 1040 816 590 30353

2016 6512 1758 1201 170 269 1355 876 2441 175 1919 742 578 400 18395

2017 6448 1760 1136 169 265 1294 474 2922 117 1732 720 1158 352 18547

2018 6982 1723 1108 165 304 1994 223 3040 337 2258 1307 2058 526 22024

2019 8597 2157 1356 152 280 1653 256 3374 462 2120 1435 2371 1034 25247


Table B.10 Public dwelling value of work done – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 7 1 0 0 0 1 0 7 0 1 2 2 0 23 80

2012.4 4 0 0 1 0 0 0 7 0 1 1 3 1 17 59

2013.1 4 1 0 0 0 1 0 10 0 2 3 3 1 25 87

2013.2 2 0 0 0 0 2 0 10 0 2 6 4 1 29 100

2013.3 4 0 0 0 0 3 1 16 0 2 10 4 0 38 132

2013.4 3 0 0 0 1 2 0 20 0 1 12 6 0 45 155

2014.1 15 0 0 0 1 1 0 11 0 1 7 2 2 39 134

2014.2 13 0 0 0 0 0 0 9 0 1 4 2 2 31 108

2014.3 13 0 0 0 0 1 0 6 0 1 3 3 1 29 100

2014.4 9 1 0 0 0 3 0 8 0 1 2 6 1 31 106

2015.1 20 2 0 0 0 2 0 2 0 0 2 6 0 34 116

2015.2 20 3 0 0 1 2 0 1 0 1 4 7 1 41 141

2015.3 15 2 0 0 1 1 0 0 0 1 5 7 1 33 114

2015.4 11 2 1 0 1 1 0 0 0 1 7 9 2 35 120

2016.1 10 1 1 0 0 0 0 1 0 0 10 12 2 38 132

2016.2 12 2 0 0 0 0 0 1 0 0 5 12 2 36 124

2016.3 18 4 0 0 1 0 0 0 0 0 4 15 0 42 145

2016.4 12 3 0 0 1 0 0 0 0 0 2 10 0 29 100

2017.1 11 3 0 0 1 0 0 0 0 0 2 9 0 26 91

2017.2 19 4 0 0 1 0 0 1 0 0 4 15 0 44 152

2017.3 15 4 0 0 1 0 0 0 0 0 3 12 0 36 123

2017.4 15 4 0 0 1 0 0 0 0 0 3 13 0 36 124

2018.1 15 4 0 0 1 0 0 0 0 0 3 12 0 36 123

2018.2 15 4 0 0 1 0 0 0 0 0 3 12 0 36 123

2018.3 15 4 0 0 1 0 0 0 0 0 3 12 0 35 120

2018.4 15 4 0 0 1 0 0 0 0 0 3 12 0 35 122

2019.1 16 4 0 0 1 0 0 0 0 0 3 13 0 37 127

2019.2 15 4 0 0 1 0 0 0 0 0 3 12 0 36 123

Fiscal year

2013 17 2 0 2 1 4 1 34 0 6 12 13 3 95

2014 35 0 0 0 2 5 1 56 0 4 33 14 3 153

2015 62 6 0 0 2 8 0 18 0 2 11 22 3 134

2016 49 8 2 0 2 3 0 2 0 2 27 40 7 142

2017 60 14 0 0 3 1 0 2 0 0 12 50 0 142

2018 60 15 0 0 3 1 0 2 0 0 12 50 0 143

2019 60 15 0 0 3 1 0 2 0 0 12 50 0 143


Table B.11 Total construction: value of work done – 2014-15 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 5035 1034 705 147 332 742 250 4989 55 1095 635 500 301 15820 143

2012.4 4947 1089 741 158 370 758 260 5115 55 1173 685 511 316 16178 147

2013.1 4878 1149 764 149 373 776 281 5484 57 1203 701 504 304 16622 151

2013.2 4887 1142 793 154 364 791 268 4902 70 1192 703 481 313 16060 146

2013.3 4919 1205 878 148 323 784 269 6519 73 1159 730 465 332 17805 161

2013.4 5049 1242 922 145 318 784 340 6219 71 1139 708 467 323 17726 161

2014.1 5084 1274 959 140 324 787 264 5691 72 1091 681 441 276 17084 155

2014.2 5161 1312 997 139 337 806 274 5082 82 1063 635 423 240 16550 150

2014.3 5203 1333 1002 133 318 802 301 3799 125 943 527 405 175 15065 137

2014.4 5296 1373 1029 134 335 843 318 2816 158 763 526 401 181 14173 129

2015.1 5750 1505 1069 140 344 889 332 1139 149 765 538 429 188 13236 120

2015.2 5224 1366 905 128 330 724 439 985 76 759 471 390 148 11945 108

2015.3 5179 1391 885 124 307 690 372 859 67 730 455 372 120 11550 105

2015.4 5252 1450 836 123 300 637 233 785 49 614 451 371 121 11220 102

2016.1 5215 1450 868 123 307 605 191 762 42 609 434 367 106 11078 100

2016.2 5287 1498 869 124 309 597 145 727 37 578 435 379 107 11094 101

2016.3 5380 1533 892 124 292 592 149 823 36 599 424 372 102 11318 103

2016.4 5158 1509 844 125 296 572 134 882 34 537 403 448 86 11028 100

2017.1 4940 1508 841 129 300 554 133 946 33 502 395 579 94 10954 99

2017.2 5229 1652 902 143 331 623 107 858 36 534 405 640 105 11564 105

2017.3 5221 1533 863 142 343 632 69 853 54 641 427 763 196 11738 106

2017.4 5210 1483 867 142 349 757 67 875 59 787 557 754 183 12090 110

2018.1 5303 1505 882 140 337 811 71 988 125 751 695 806 106 12519 114

2018.2 5297 1506 882 137 324 844 74 1082 130 662 675 817 99 12532 114

2018.3 5417 1536 904 138 322 716 76 1091 65 685 651 1086 130 12817 116

2018.4 5552 1580 935 143 333 690 78 1045 93 696 668 1039 285 13137 119

2019.1 5706 1625 972 145 335 663 82 1021 84 712 643 788 382 13157 119

2019.2 5650 1616 976 145 334 650 84 1053 254 689 650 763 305 13171 119

Fiscal year

2013 19747 4414 3003 606 1439 3067 1059 20490 237 4663 2724 1997 1234 64679

2014 20213 5033 3757 572 1301 3160 1148 23512 297 4452 2754 1796 1171 69166

2015 21472 5578 4005 534 1326 3258 1391 8739 507 3230 2061 1625 692 54419

2016 20933 5789 3457 495 1223 2529 941 3133 195 2530 1775 1490 453 44942

2017 20707 6202 3479 521 1218 2342 523 3509 139 2172 1626 2040 386 44864

2018 21030 6028 3495 561 1354 3044 282 3798 369 2840 2354 3139 585 48878

2019 22326 6357 3787 571 1324 2718 320 4211 496 2782 2611 3676 1102 52281


Table B.12 Total dwelling units commenced (number)

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2016 = 100

2012.3 4010 753 625 168 418 325 16 333 6 327 346 232 19 7578 75

2012.4 3344 617 500 147 342 281 17 322 6 303 304 197 15 6393 63

2013.1 3700 671 530 171 371 323 23 412 7 372 354 222 15 7172 71

2013.2 3743 667 513 182 368 340 29 483 8 418 377 229 14 7371 73

2013.3 3442 623 464 164 331 322 28 495 6 436 367 203 14 6895 68

2013.4 3657 672 485 172 343 353 31 587 6 526 412 208 15 7467 73

2014.1 3671 686 479 170 336 365 32 658 5 599 437 201 16 7655 75

2014.2 3856 732 495 175 345 396 35 771 4 713 485 204 17 8230 81

2014.3 4090 782 534 164 346 411 33 668 4 622 471 213 18 8357 82

2014.4 4917 947 654 175 393 483 35 656 4 614 518 252 22 9670 95

2015.1 4845 941 655 152 365 466 30 529 4 497 467 244 21 9217 91

2015.2 5173 1012 712 144 369 487 28 461 3 436 456 257 22 9562 94

2015.3 6379 1251 865 166 426 543 30 452 4 397 517 317 23 11370 112

2015.4 5878 1156 785 143 368 453 24 331 4 270 437 293 18 10160 100

2016.1 7315 1442 963 167 430 510 26 327 5 248 500 364 19 12314 121

2016.2 7080 1399 918 151 390 446 22 251 4 177 444 353 15 11651 115

2016.3 7062 1463 930 148 376 415 15 222 3 148 374 338 12 11506 113

2016.4 7664 1665 1026 157 393 421 11 213 3 135 342 352 11 12393 122

2017.1 8454 1926 1151 170 419 433 8 208 2 124 319 374 10 13597 134

2017.2 7558 1805 1046 149 361 361 5 165 1 93 240 321 7 12113 119

2017.3 7738 1942 1147 164 397 378 5 173 2 88 253 337 9 12634 124

2017.4 6229 1643 990 141 343 312 4 143 1 66 209 279 8 10370 102

2018.1 5483 1520 934 133 324 281 4 130 1 54 189 252 9 9314 92

2018.2 5740 1672 1048 150 364 301 4 139 1 52 203 271 11 9959 98

2018.3 6027 1795 1151 168 412 333 5 176 2 68 249 326 14 10726 106

2018.4 5696 1735 1137 169 419 332 6 199 2 81 275 353 16 10418 103

2019.1 5896 1836 1230 187 466 362 7 248 2 104 332 418 21 11109 109

2019.2 5664 1804 1235 192 482 366 8 285 2 125 372 460 24 11020 108

Fiscal year

2013 14796 2707 2168 667 1500 1269 85 1550 28 1421 1380 881 63 28514

2014 14626 2712 1924 681 1355 1437 126 2511 22 2274 1701 816 63 30247

2015 19025 3682 2556 636 1472 1848 125 2315 15 2170 1912 966 83 36806

2016 26651 5248 3530 627 1615 1952 102 1360 17 1092 1897 1327 76 45495

2017 30738 6860 4153 624 1549 1630 39 808 9 500 1275 1385 40 49609

2018 25191 6778 4120 588 1429 1272 17 586 5 260 855 1139 37 42277

2019 23283 7170 4753 716 1779 1393 25 908 8 378 1228 1557 76 43273

Documents

Queensland region construction supply and demand …...Queensland region construction supply and demand analysis: 1995-2027 and quarterly indicators to June 2019 A report for the DEPARTMENT