Queensland region construction supply and demand analysis ... · Queensland region construction...

Queensland region construction

supply and demand analysis:

1995-2028 and quarterly

indicators to June 2020

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

Lower Ground, Unit 1A, 663 Victoria Street, Abbotsford, Victoria, 3067

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

Email: [email protected]

August 2018

PJB1229-QDH&PW-Annual report/QldDHPW/2018/August

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 Current fiscal policy settings 2 2.1.2 Effects of quantitative easing policies 3 2.1.3 Emerging market debt 4 2.1.4 The medium term (mid-2020s onwards) 4 2.1.5 An enhanced TPP will become the key driver of economic growth in the region 5 2.2 The Australian economic outlook 8 2.2.1 Interest rates 8 2.2.2 Household savings and debt 8 2.2.3 The balance of payments and the current account deficit 9 2.2.4 Inflation and wages 9 2.2.5 Population and immigration 9 2.2.6 The public sector borrowing constraint 10 2.2.7 Gross Domestic Product (GDP) growth 10 2.3 The Queensland economic outlook 18 2.4 Queensland housing affordability 21

3. Queensland construction activity in the Australian context 29

3.1 Queensland construction: The headline outcomes 29 3.2 Total construction: A comparison with last year’s Annual Report 29 3.3 The Queensland dwelling market 30 3.3.1 New dwelling construction 30 3.3.2 Other dwelling expenditure 30 3.3.3 Total Queensland private dwelling construction expenditures 30 3.3.4 Dwelling commencements 30 3.4 Non-residential building 34 3.4.1 Private non-residential building 34 3.4.2 Public non-residential building activity 35 3.4.3 Major Queensland non-residential building projects 36 3.4.4 Total non-residential building activity 38 3.5 Engineering construction 38 3.5.1 Engineering: The segment drivers 38 3.5.2 Mining investment and output 39 3.5.3 Engineering construction: The outlook 39 3.5.4 Major Queensland engineering projects 42 3.6 Queensland’s construction share of total Australian construction 44

Contents (cont.)

Page no.

3. Continued

3.7 The regional dimension 52 3.7.1 Brisbane 52 3.7.2 Gold Coast 55 3.7.3 Sunshine Coast 59 3.7.4 West Moreton 63 3.7.5 Wide Bay/Burnett 66 3.7.6 Darling Downs 69 3.7.7 South West 72 3.7.8 Fitzroy 76 3.7.9 Central West 80 3.7.10 Mackay 83 3.7.11 Northern 87 3.7.12 Far North 90 3.7.13 North West 94

4. Queensland construction: Resources, capacity and price pressures 107

4.1 Utilisation of capacity 107 4.2 Labour shortages 107 4.3 Queensland construction sector unemployment rates 107 4.4 Construction cost inflation 108

5. Quarterly profiles 115

Appendix A: Additional annual tables 124

Appendix B: Additional quarterly tables 137

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 2015-2028 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 World economic activity – GDP growth rates by selected countries 7 2.2 Australian economy: Population and labour market 12 2.3(a) Australian economy: Formation of real GDP – Demand side – average annual growth 13 2.3(b) Australian economy: Formation of real GDP – Demand side – percentage point contribution to GDP growth 14 2.4 Australian economy: Household income, expenditure and debt indicators 15 2.5 Australian economy: Commodity prices, terms of trade and the balance of payment 16 2.6 Australian economy: Formation of real GDP – Supply side – average annual growth 17 2.7(a) Demand side formation of Queensland Gross State Product 19 2.7(b) Supply side formation of Queensland Gross State Product 20 2.8 Formation of Queensland population 20 2.9 Average annual population change by region 21 2.10 Housing affordability – Brisbane City 22 2.11 Housing affordability – Gold Coast 23 2.12 Housing affordability – West Moreton 23 2.13 Housing affordability – Logan Redland 24 2.14 Housing affordability – Moreton Bay 24 2.15 Housing affordability – Sunshine Coast 25 2.16 Housing affordability – Darling Downs South West 25 2.17 Housing affordability – Far North Torres 26 2.18 Housing affordability – Fitzroy Central West 26 2.19 Housing affordability – Mackay 27 2.20 Housing affordability – Townsville North West 27 2.21 Housing affordability – Wide Bay Burnett 28

List of tables (cont’d)

Page no.

3.1(a) Australia and Queensland construction industry activity 46 3.1(b) Australian construction industry activity 47 3.2(a) Queensland construction industry activity 48 3.2(b) Fiscal year construction activity growth rates – Queensland CVM construction activity indicators 49 3.2(c) Fiscal year construction activity indicator contribution to total Queensland construction growth rate 50 3.3 Annual growth and % contribution to Queensland construction activity by major construction segment 51 3.4 Sector contribution to Queensland engineering construction growth 51 3.5 Formation of construction in Brisbane 98 3.6 Formation of construction in Gold Coast 98 3.7 Formation of construction in Sunshine Coast 99 3.8 Formation of construction in West Moreton 99 3.9 Formation of construction in Wide Bay/Burnett 100 3.10 Formation of construction in Darling Downs 100 3.11 Formation of construction in South West 101 3.12 Formation of construction in Fitzroy 101 3.13 Formation of construction in Central West 102 3.14 Formation of construction in Mackay 102 3.15 Formation of construction in Northern 103 3.16 Formation of construction in Far North 103 3.17 Formation of construction in North West 104 3.18 Total construction: average annual growth rates by Queensland regions 105 3.19 Drivers of construction growth by Queensland region 2015-2028 105 3.20 Contribution of each region to Queensland construction growth 106

4.1 Unutilised capacity in Queensland construction sectors 110 4.2 Construction industry employment by Queensland regions 110 4.3 Queensland regional construction excess capacity utilisation rates 111 4.4 Queensland regional construction – excess demand 111 4.5 Queensland regional construction – labour shortage (+) or surplus (–) 112 4.6 Regional construction industry employment by segment 112

5.1 Value of work done: Residential new construction (including major additions) by region 116 5.2 Value of work done: Non-residential building by region 117 5.3 Value of work done: Residential other renovations by region 118 5.4 Value of work done: Residential building by region 119 5.5 Value of work done: Total engineering construction activity by region 120 5.6 Value of work done: Total construction activity by region – chain volume measure 2015-16 reference year ($ million) 121 5.7 Value of work done: Total construction activity by region – chain volume measures 2015-16 reference year – Qtr. 1 2017-18 = 100 122 5.8 Queensland construction industry 123 5.9 Shortage of construction labour by Queensland region 123


Page no.

A.1 Total regional population 125 A.2 Share of regional population in total Queensland population 125 A.3(a) Total Queensland construction by region – share of residential activity in total regional activity 126 A.3(b) Total Queensland construction by region – share of non-residential activity in total regional activity 126 A.3(c) Total Queensland construction by region – share of total engineering activity in total regional activity 127 A.4 Share of public expenditures in regional total expenditures 127 A.5(a) Queensland construction by region – share of public residential expenditure in total regional residential expenditure 128 A.5(b) Queensland construction by region – share of public non-residential building expenditure in total regional non-residential building expenditure 128 A.5(c) Queensland construction by region – share of public engineering in total regional engineering expenditure (including Commonwealth) 129 A.6 Queensland regional construction value of work done: chain volume measure – Private housing expenditure on new construction and alterations (excluding other work done) 129 A.7 Queensland regional construction value of work done: chain volume measure – Public housing 130 A.8 Queensland regional construction value of work done: chain volume measure – Non-residential building private 130 A.9 Queensland regional construction value of work done: chain volume measure – Non-residential building public 131 A.10 Queensland regional construction value of work done: chain volume measure – Private engineering 131 A.11 Queensland regional construction value of work done: chain volume measure – Public engineering 132 A.12 Queensland regional construction value of work done: chain volume measure – Non-residential building total 132 A.13 Queensland regional construction value of work done: chain volume measure – Engineering total 133 A.14 Queensland regional construction value of work done: chain volume measure – Total residential (excluding other work done) 133 A.15 Queensland regional construction value of work done: chain volume measure – Total public sector engineering (including Commonwealth) 134 A.16 Queensland regional construction value of work done: chain volume measure – Private residential (other work done) 134 A.17 Queensland regional construction value of work done: chain volume measure – Total construction 135 A.18 Queensland regional construction value of work done: chain volume measure – Total construction expenditure share of State total 135 A.19 Queensland regional dwelling units commenced – Total residential units 136


Page no.

B.1 Private dwelling value of work done: new construction (including alterations and additions) 138 B.2 Private dwelling: other value of work done 139 B.3 Private dwelling: total value of work done 140 B.4 Private non-residential building value of work done 141 B.5 Public non-residential building value of work done 142 B.6 Total non-residential building value of work done 143 B.7 Public sector engineering value of work done 144 B.8 Private sector engineering value of work done 145 B.9 Total engineering value of work done 146 B.10 Public dwelling value of work done 147 B.11 Total construction: value of work done 148 B.12 Total dwelling units commenced 149

List of figures

Page no.

E.1 Australian GDP and Queensland GSP iv

2.1 World GDP growth rate 6 2.2 Australia – Real GDP growth rate 11

3.1 Queensland dwelling – new construction approvals ($ million) 31 3.2 Queensland dwelling – new construction approvals (number) 31 3.3 Queensland non-residential building approvals 32 3.4 Real Queensland established house prices 32 3.5 Queensland housing rental vacancy rate 33 3.6 Queensland housing approvals 33 3.7 Queensland – Private non-residential building work done and private non-residential building approvals 34 3.8 Excess demand for dwellings – Queensland 35 3.9 Queensland share of national population increase and national approvals 36 3.10 Queensland non-residential building approvals and work done 37 3.11 Queensland non-residential projects under construction, committed and under consideration 37 3.12 Queensland mining, LNG and metal ore investment 40 3.13 Queensland real mining output % rate of growth 40 3.14 Queensland mining investment 41 3.15 LNG expansion 41 3.16 Queensland engineering – work done 42 3.17 Queensland total engineering – work yet to be done 43 3.18 Queensland engineering projects under construction, committed and under consideration 43 3.19 Share of public engineering in total engineering 44 3.20 Share of Queensland construction industry in GSP 45 3.21 Queensland non-residential construction and private non-residential building expenditure share in GSP and GSP growth 45 3.22 Queensland regional construction value of work done – Brisbane 55 3.23 Queensland regional construction value of work done – Gold Coast 59 3.24 Queensland regional construction value of work done – Sunshine Coast 62 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 72 3.28 Queensland regional construction value of work done – South West 76 3.29 Queensland regional construction value of work done – Fitzroy 79 3.30 Queensland regional construction value of work done – Central West 83 3.31 Queensland regional construction value of work done – Mackay 86 3.32 Queensland regional construction value of work done – Northern 90 3.33 Queensland regional construction value of work done – Far North 94 3.34 Queensland regional construction value of work done – North West 97

4.1 Unused capacity in Queensland’s construction sector 108 4.2 Real construction costs versus labour shortage 109 4.3 Annual growth in Queensland construction employment 109

Queensland region construction supply and demand analysis: 1995-2028 and quarterly

indicators to June 2020 – June Annual Report 2018

i

Executive summary

A review of the core findings

As was the case last year over the next decade the outlook for the Queensland economy and construction sector is best summed up by saying that both will perform relatively well given the headwinds facing the world and national economies. The core reason for this is that over recent years the economic performance of the Queensland economy has been subdued partly due to the overhang of excess capacity created in the high growth period over the first decade of this century. Other than for Western Australia it is now the turn of other state economies to be subject to the negative forces on growth after a period of relative high growth.

The headwinds facing the world economy over the next ten years which have been a theme of recent reports over the last twelve months have become sharper into focus. They are:

(i) the unwinding of excess liquidity created by quantitative easing policies and high emerging economy debt;

(ii) strong fiscal stimulus in the US at a time the economy is reaching full capacity output; and

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

The headwinds 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 headwinds 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 1.6% between 2021 and 2023 before recovering to 2.1% per annum late in the projection period. Over the two years 2018 and 2019 however the growth outlook is for an average of 2.7% for the national economy due in part to the pickup in both public and private investment.



ii

By contrast the Queensland economy is expected to grow at 2.9% range per annum over 2018 and 2019 and an average of 2.3% for the remainder 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 downturn 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.

It 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 2018 should be 3.7%, or 0.7% above the average growth rate for the 2012-2015 period. This rate of growth should continue into the first half of 2019. This will be largely driven by the recovery of the European economies and higher growth in the US due to fiscal stimulus. However, major headwinds to world growth is likely to result in world growth steadily declining to 2.8% per annum by 2022 with the trend growth for the remainder of the projection period being 2.9%.

One key headwind is the imposition of strong fiscal stimulus on the United States economy over 2018 and 2019 at the time that the economy was reaching full capacity. This was also at the time when monetary policy in the United States will increase interest rates by at least two percentage points over a two-year period ending at the end of 2019. The strong fiscal stimulus is likely to result by 2020 or 2021 interest rates being significantly higher than what otherwise would have been the case.

Another headwind 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 in the context of any emerging economy balance of payments crisis as a result of these economies building up large US dollar foreign debt as a consequence of the quantitative easing policies. The crises in Argentina and Turkey in the middle of 2018 is a portent of what is to come.

By mid 2030s, 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 is proving 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 2.5%. Over 2018 and 2019 the national GDP growth rate is projected to average a little under 3%. However, because of the combined impact of the headwinds to national economic growth, the national economic growth rate over the following three years, that is, 2020 to 2022, is projected to fall to fall steadily reaching a trough of 1.4%. Growth rates mirror post 2021-22 average national GDP growth recovers to an average of 2.0%.

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 180,000 by 2021 with the national population growth rate falling to 1.2% 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% by the end of the projection period. However this could prove



iii

optimistic with political pressure after the next election forcing significantly greater cuts to the migration intake.

3. After growing at between 4% and 6% per annum over the years prior to the GFC, Queensland’s gross state product has averaged 2.2% per annum over the years 2009 to 2017, 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 average just under 3% over 2018 and 2019 with the average annual growth rate over the 2020s averaging 2.3%.

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 4.2 percentage points per year. In 2016-17 the reduction ended with a zero net contribution to growth. In 2018 through recovery in private investment contributed a significant 1.3 percentage points to Queensland growth. Over the projection period the contribution of private business investment to Queensland growth be near zero. That is a neutral in terms of its contribution to growth.

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. After falling by 22% in 2015 and 17% in 2016, total Queensland construction activity grew modestly by an average annual growth rate of 1.9% per annum over 2017 and 2018. The falls were driven by the decline in engineering construction activity which more than offset positive contributions to growth from dwelling and non-residential construction. In 2018 the recovery in engineering construction was offset by declines in dwelling expenditure to produce a modest growth outcome. In 2019 total construction activity is projected to fall by 4% with across the board declines in all three segments. However, the main contribution to the result is non-residential building construction with a decline of over $1 billion of the value of work done. This is a consequence of the decline over recent years in private non-residential building approvals reflecting the subdued Queensland growth rates since the GFC. In 2020, Queensland construction activity is projected to increase by 4.6%. This will be driven by the increase in engineering construction activity and the stabilisation of non-residential building activity at 2019 levels. Over the remainder of the projection period, that is, 2021 to 2028, the average annual growth rate of Queensland construction activity is projected to be in the vicinity of 3% per annum. On a trend basis, 55% of the rate will be driven by dwelling construction activity with a third of the growth coming from engineering construction. The balance of 12% will come from non-residential building expenditure growth.



iv

5. In 2017, construction activity peaked in the Brisbane region, declined in 2018 and is projected to continue to decline to 2020. The cumulative peak to trough decline is projected at 12%. A similar peak to trough decline is projected for the Gold Coast. The decline in construction activity in Brisbane and the Gold Coast between 2017 and 2020 was offset by across the board increases in construction activity in most regions, with major contributions coming from the Northern and Far North regions. The short-term trends to 2020 will be reversed over the remainder of the projection period, that is, 2021 to 2028. Over this period 44% of the increase in Queensland construction activity will occur in the Brisbane region and 22% in the Gold Coast region, with 10% being generated in the Sunshine Coast region. Other than Mackay’s contribution of 10%, the contributions of the other regions are in the low single digit percentages.

Figure E.1: Australian GDP and Queensland GSP



v

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

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

Average 2021-2028

Gross product

Australia (2015-16 = 100) 95.0 97.3 100.0 102.1 104.9 107.8 109.9 119.1

Queensland (2015-16 = 100) 96.3 97.4 100.0 101.8 103.6 106.5 109.6 122.7

Dwelling expenditure

Australia (2015-16 = 100) 82.8 90.5 100.0 103.1 101.5 101.3 96.8 96.2

Queensland (2015-16 = 100) 76.3 85.2 100.0 103.4 97.4 96.3 93.7 106.6

Non-residential building expenditure

Australia (2015-16 = 100) 99.7 99.7 100.0 99.5 109.7 113.8 116.6 108.9

Queensland (2015-16 = 100) 108.3 97.3 100.0 94.9 101.4 87.0 87.8 98.7

Engineering construction

Australia (2015-16 = 100) 142.5 119.0 100.0 91.1 111.2 108.0 116.0 121.2

Queensland (2015-16 = 100) 252.1 165.0 100.0 102.7 111.3 108.2 121.5 131.1

Total construction expenditure

Australia (2015-16 = 100) 110.2 103.8 100.0 97.6 106.8 106.1 107.9 108.6

Queensland (2015-16 = 100) 154.9 120.5 100.0 101.7 103.8 99.7 104.3 115.5

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

2011-12

2012-13

2013-14

2014- 15

2015- 16

2016- 17

2017- 18

2018- 19

2019-20

Annual percentage rate of change (%)

Dwellings -7.2 -7.7 8.3 11.7 17.3 3.4 -5.8 -1.1 -2.7

Total non-residential building -9.6 -7.4 4.9 -10.2 2.8 -5.1 6.8 -14.1 0.9

Total engineering construction 51.1 10.5 5.3 -34.5 -39.4 2.7 8.3 -2.8 12.3

Total construction 22.9 4.0 5.9 -22.2 -17.0 1.7 2.1 -4.0 4.6

Contribution to total construction growth (%)

Dwellings -1.6 -1.5 1.7 3.4 7.3 1.4 -2.3 -0.5 -1.0

Total non-residential building -1.2 -0.9 0.6 -1.4 0.5 -0.8 1.1 -2.0 0.1

Total engineering construction 32.9 7.1 3.6 -19.7 -16.4 1.2 3.7 -1.3 6.0

Table E.3 Construction activity by Queensland region – 2015-16 = 100

2012- 13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

Average 2021-28

Brisbane 88 92 99 100 102 96 91 89 98

Gold Coast 77 87 96 100 109 109 95 95 115

Sunshine Coast 87 108 117 100 104 108 105 109 123

West Moreton 122 115 109 100 108 116 119 123 134

Wide Bay/Burnett 103 100 105 100 102 98 98 99 114

Darling Downs 117 121 129 100 87 89 108 109 87

South West 119 119 149 100 58 30 30 62 39

Fitzroy 832 892 294 100 108 107 114 122 151

Central West 126 156 258 100 73 69 68 490 339

Mackay 149 155 147 100 120 188 109 93 182

Northern 129 129 115 100 92 114 128 126 134

Far North 135 121 109 100 104 148 203 256 212

North West 95 106 128 100 75 57 61 153 192

Queensland 146 155 121 100 102 104 100 104 115



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

2012- 13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

Average 2021-28

Brisbane 28.6 27.9 38.9 47.3 47.4 43.8 43.0 40.2 40.1

Gold Coast 6.9 7.3 10.3 13.0 14.0 13.6 12.4 11.9 12.9

Sunshine Coast 4.6 5.4 7.4 7.7 7.9 8.0 8.1 8.0 8.1

West Moreton 0.9 0.8 1.0 1.1 1.2 1.3 1.4 1.3 1.3

Wide Bay/Burnett 1.9 1.7 2.3 2.6 2.7 2.5 2.6 2.5 2.6

Darling Downs 4.8 4.7 6.4 6.0 5.1 5.1 6.5 6.3 4.5

South West 1.9 1.8 2.9 2.3 1.3 0.7 0.7 1.4 0.8

Fitzroy 38.4 38.9 16.5 6.8 7.1 7.0 7.7 7.9 8.9

Central West 0.4 0.5 1.1 0.5 0.4 0.3 0.3 2.3 1.4

Mackay 4.5 4.4 5.3 4.4 5.2 7.9 4.8 3.9 7.1

Northern 3.7 3.5 4.0 4.2 3.8 4.6 5.4 5.1 4.9

Far North 3.0 2.5 2.9 3.3 3.3 4.7 6.7 8.0 6.0

North West 0.6 0.6 0.9 0.8 0.6 0.5 0.5 1.2 1.4

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

1996-2016 2016-2021 2021-2028

Brisbane 4.3 -2.0 3.3

Gold Coast 4.3 -0.7 5.4

Sunshine Coast 3.9 2.2 3.7

West Moreton 2.2 3.8 4.0

Wide Bay/Burnett 0.7 1.4 2.6

Darling Downs 5.5 1.2 -0.7

South West 11.2 -8.6 -2.5

Fitzroy 4.5 5.8 3.0

Central West 4.0 49.7 -16.1

Mackay 4.6 14.3 -3.2

Northern 3.2 4.1 2.3

Far North -0.5 14.0 5.8

North West 2.0 20.7 -7.1

Queensland 4.0 2.1 2.4



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Table E.6 Drivers of construction growth by Queensland region 2015-2028 (average annual $ million change between span years)

2015-2020 2020-2028

Dwellings

Non-residential

con-struction

Engineer- ing

Total con-struction Dwellings

Non-residential

con-struction

Engineer- ing

Total con-struction

Brisbane 343.1 -50.3 -412.7 -119.9 224.0 80.2 286.9 591.1

Gold Coast 264.4 20.3 -193.9 90.8 159.0 34.4 130.6 323.9

Sunshine Coast 147.9 -67.9 -76.7 3.3 78.4 4.0 85.2 167.6

West Moreton 10.9 8.7 -11.9 7.8 12.2 8.4 3.8 24.4

Wide Bay/Burnett 22.3 1.6 -25.8 -1.8 25.8 2.9 16.9 45.6

Darling Downs -12.2 -4.0 -42.9 -59.0 15.8 -15.1 -24.7 -24.0

South West -5.9 -3.3 -106.9 -116.2 2.2 -1.5 29.9 30.6

Fitzroy -115.1 -130.8 -4385.7 -4631.6 47.4 12.1 127.1 186.6

Central West -0.8 0.6 146.1 145.9 0.3 -0.6 41.8 41.5

Mackay -91.5 -56.7 -96.7 -244.8 35.5 17.6 61.9 115.0

Northern -7.8 -34.8 30.2 -12.4 50.3 15.4 -28.1 37.6

Far North 89.1 30.1 275.8 395.0 79.8 19.6 51.2 150.6

North West 0.8 -13.1 47.7 35.4 3.1 2.3 37.6 43.0

Queensland 645.3 -299.6 -4853.3 -4507.6 733.7 179.7 820.0 1733.4

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

2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20

Average 2021-28

Brisbane -10792 -8870 -4998 -7188 -1807 -8318 -15809 -19531 -16655

Gold Coast -2055 -970 -1996 -3514 -1754 -2345 -7746 -8365 -5090

Sunshine Coast -2237 -1381 -1354 -2331 578 1189 108 488 1553

West Moreton -73 -257 -329 -582 -57 299 319 392 438

Wide Bay/Burnett -321 -499 -894 -1851 -1258 -1674 -1795 -1754 -874

Darling Downs 425 856 1187 -806 -464 -42 1949 2017 -848

South West 81 -64 63 -102 81 -460 -461 197 -260

Fitzroy 3784 12120 3374 -3760 316 78 233 552 1483

Central West 25 -33 37 -205 -156 -157 -162 1571 945

Mackay -575 -1142 -1773 -5434 -4878 -410 -5359 -6468 -1456

Northern -1561 -2271 -4587 -5969 -6829 -4816 -3858 -4132 -4154

Far North -31 -1211 -2825 -3614 -4374 -251 4697 9356 4432

North West -42 -118 -353 -480 -357 -564 -512 650 1159

Queensland -13371 -3839 -14447 -35836 -20958 -17472 -28397 -25026 -19329



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

2017-18 Jun.

2018-19 Sep.

2018-19 Dec.

2018-19 Mar.

2018-19 Jun.

2019-20 Sep.

2019-20 Dec.

2019-20 Mar.

2019-20 Jun.

Average 2017-18

and 2019-20

Actual Forecast

Non-residential building 2.4 1.3 6.1 6.7 5.2 -2.5 -0.9 0.3 1.9 1.6

Residential building 0.8 0.9 0.6 0.3 0.3 -0.4 -0.6 -0.5 -0.5 0.3

Engineering construction 0.4 0.6 0.4 0.3 0.4 -0.2 0.5 0.9 1.3 0.5

Total construction 1.0 0.9 1.6 1.6 1.3 -0.8 -0.3 0.1 0.5 0.6



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1. Introduction

This study has the following objectives:

(i) to undertake an historical analysis of Queensland regional construction activity to 2018;

(ii) to project Queensland regional construction activity to 2028; 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 2015-16 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 2018 would refer to the 2017-18 fiscal year. The exception is for the world economy section where all years referred to are calendar years.



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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

The international projections focussing on country/region GDP are given in Table 2.1 and Figure 2.1.

For reasons outlined below the World economic growth rate in 2018 and 2019 is likely the highest it will get compared to the outcomes over the remainder of the projection period.

For reasons also outlined below the Chinese economic growth rate is projected to fall from its current level of a little over 6% to under 4% by the end of the projection period. Nevertheless, currently China’s growth is explaining a third of total world growth and is projected to make an average contribution of just under 30% to world growth over the 2020 to 2028 period.

The next most important contribution to world growth is India. Currently India is contributing approximately 16% of world growth with a GDP growth rate of 7%. Despite the growth rate falling to the 5% to 6% range over the projection period, India’s contribution to world GDP growth will approach 20% by the end of the projection period.

The United States, which contributed a quarter to world GDP growth rates over the 1995 to 2005 period, is currently, and to 2019, projected to average an average annual GDP growth rate of 2.5% to 2.7%. However, its contribution to world GDP growth has fallen to just above 10%.

The tables allow the drivers of world growth to be kept in perspective. It is true that over 2017 and into 2019 the Eurozone has returned to growth rates above 2%. In 2018 Germany is projected to grow by 2.3% and France by 2%. However, the contribution of these two countries to world growth in 2018 will be less than 3%.

The analysis indicates, from Figure 2.1, that the acceleration in world GDP growth since 2015 was significantly driven by the fact that the faster growing economies have largely sustained their growth rates with the result that their increasing share in world GDP has resulted in a steadily higher overall world GDP growth rate. It peaks at 3.8% over 2018 and 2019. After this date world GDP growth is projected to fall to approximately 2.8% by 2022. The reasons for this are outlined below.

2.1.1 Current fiscal policy settings

Over December 2017 to February 2018 the US administration introduced a significant fiscal stimulus in the form of tax reductions. The direct impact of this is to reduce net public sector revenue by US$1.6 trillion over a decade, while for the next two to three years expenditure increases of US$0.3 trillion were also agreed to. The combined direct impact on the budget deficit will be to increase it from 3.4% of GDP in 2017 to 5.4% by 2019, although this will be reduced to around 5% of GDP once the feedback effects of higher GDP are taken into account.



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This fiscal stimulus is being imposed on an economy which has the headline unemployment rate at 4% and a growth in capacity output of between 1.6% and 1.7% per annum. This lower growth in capacity output is partly due to the low growth in producer capital stock installed since the GFC and the underlying low growth in the workforce.

The low growth in production capacity is due to the:

(i) high unutilised capacity rates resulting from the GFC;

(ii) the failure to maintain general fiscal stimulus after 2010 until nominal capacity utilisation rates were achieved over 2012 to 2014; and

(iii) the low trend growth in demand since the GFC.

Given the capacity constraints, the fiscal stimulus will have relatively low multipliers. Even so, the stimulus is likely to increase US GDP by between 0.8% and 1.0% in 2019. Given an output gap of 0.7%, estimated by the OECD before the fiscal stimulus with a GDP growth of 2.1%, this would increase the output gap to 1.7 percentage points and near 3 percentage points in 2020 if the stimulus was continued. This would take the US output gap to the levels that prevailed just before the 2001 and 2008-2009 recessions.

Part of the reason for the constraints on the growth on capacity is the underlying growth in the workforce. If current trends in participation rates are maintained, the growth in the workforce will be around 135,000 a month, or less than half the rate to support a 3% GDP growth rate. However, this falls in the 2020s to less than 90,000 if historical trends in the growth in the participation rate are reverted to. This means that given the fiscal stimulus the unemployment rate is likely to be 3.7% by 2019 and 3.4% in 2020 or 2021.

The strong conclusion from the analysis is that if interest rates, as appears likely, would have risen by between 1.5 and 2.0 percentage points over the next two to three years, the US fiscal stimulus is likely to put the increase at between 2.0 and 2.5 percentage points. This will have substantial implications for economies such as Australia.

It is not simply the US economy that will be subject to capacity constraints relatively early in the world economic activity upswing. Producer capacity growth in non-China OECD over 2018-2019 will be significantly less than the headline GDP growth. This means that the European Central Bank and the Bank of Japan will join the US Federal Reserve in raising interest rates, albeit at a slower rate. Australia with its high foreign debt will be forced to follow irrespective of domestic economic conditions.

A fiscal and interest crises in all probability will occur in the United States in the early 2020s.

2.1.2 Effects of quantitative easing policies

A factor which is likely to accelerate the interest rate cycle is the free reserves in the US banking system. This is a direct consequence of the post-2008 quantitative easing policies which involved not only the US, but also Europe and Japan. The Central Banks financed public sector deficits by injecting liquidity into the banking system since the private sector net purchases of public securities was low. At the beginning of 2018 the free reserves of the US banking system stood at US$2.1 trillion. At a minimum required reserve holding of 10% this would finance an additional level of credit that exceeds the current nominal level of GDP.



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Up until 2018 this has not been a problem because economic conditions have been subdued and corporate cash flows strong. However, if strong “boom time” conditions emerge, as they appear to be in mid-2018 with economic growth in the United States approaching the 3% to 4% range, and if the expectation forms that inflation in the future is likely to be significantly higher than currently, then there will be a rapid drawdown in free reserves as they are transferred into loans. This would place additional pressure on the US Federal Reserve to raise interest rates faster than they might otherwise desire. As it is the US Federal Reserve is on track to rise very short-term interest rates to the 3.3% to 3.5% by the end of 2019 which will force up domestic interest rates even if the Reserve Bank of Australia remains inactive because of the strong reliance of Australian Banks on international wholesale funding sources. By the end of 2019 US interest rates will have increased 2 percentage points in two years.

2.1.3 Emerging market debt

Another consequence of quantitative easing policies and the creation of excess liquidity was the outflow of funds from Western economies to emerging markets. Emerging market governments and corporations could borrow at favourable interest rates. The problem is that much of this debt was taken out in foreign currency and $US in particular. Total foreign currency market borrowing in foreign currency usually stands at 30% of GDP, more than what prevailed for those economies subject to the Asian crisis of 1997. Emerging economies that are particularly vulnerable are Turkey, Argentina, Brazil, South Africa, and India. In mid-2018 Argentina and Turkey have entered the first stages of crises in the balance of payments.

The risk is that as Western economy interest rates increase and the US dollar and other Western currencies appreciate, this could trigger a wave of corporate bankruptcies in emerging economies leading to default on foreign debts with the additional risk that a number of countries may be forced into default as they cannot roll over their international debt either private or public. This could trigger extensive market volatility which could aggravate other forms of instability caused by the interest rate upswing with additional negative consequences for the world economic growth.

2.1.4 The medium term (mid-2020s onwards)

In 2014 when measured in purchasing parity exchange rate terms the Chinese economy passed the US economy in size of GDP. The obstacles to world economic growth from the 2020s onwards stem from the increasing dominance of China in the world economy. By 2036 China will be capturing 23% of world GDP, or the level achieved by the US over the 1960 to 1980 decades. In contrast, the US share will have fallen to 14%. Extrapolating these trends to 2061, albeit at a reduced rate of change, would result in China capturing 26% of the world economy while the US’s share would be around 10% to11%. This will mean that the current round of trade war actions and reactions between the US and China will not end with the Trump presidency though a new leader may well coordinate more effective policies with the international community.

China’s superiority could be greater than this. The projection assumes that China’s rate of productivity growth will decline as its GDP per capita approaches that of the US. That is, it will find that the technological opportunities for productivity growth will decline. However, China is determined to mitigate this constraint by becoming a world leader across a wide range of technologies. It’s a multi-objective strategy in that not only is the objective to move industry up the value added chain to pass Western best practice, but also to retain low to medium technology manufacture in China that otherwise would have been transferred to low-wage Southern Asian economies as Chinese real wages rise. This does not mean a made by china program will not be implemented in selected developing



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countries. However this will be largely restricted by countries considered to be firmly in the Chinese orbit.

The Chinese Plan recognises that enhancement in supply chain efficiency logistics and infrastructure can more than compensate for rising real wage costs in maintaining industry competitiveness. The Chinese rapid expansion of e-commerce is one instrument being deployed to enhance supply chain efficiencies for local suppliers by establishing world best practice in terms of lead times.

Secondly, China is giving priority to advances in automation and artificial intelligence so that robots can establish a competitive advantage in low technology activities such as clothes-making at a significantly higher Chinese standard of income. The standard response from Chinese producers to rising wage costs will not be to transfer production to lower wage cost countries, but to invest in labour displacing technology.

The impact of the “strong import substitution” tendencies of the Chinese economy have already been credited as the key cause of the relative low growth of world trade relative to world GDP since the turn of the century compared to the last quarter of the 20th Century. Over the latter period world trade growth was twice world GDP growth. However, in recent years this has fallen to 1.3 to 1.5 times world GDP growth. A major reason for this slowdown was the strengthening of Chinese local industry supply chains by import substitution.

China will secure a role similar to the US in 1900, where its competitive dominance across many technologies and industries rapidly reduced the export opportunities for European and East Asian economies, encouraging the strategy of securing controlled colonial markets which in turn led to the First and Second World Wars

2.1.5 An enhanced TPP will become the key driver of economic growth in the region

Continued regional stability and the diversification of growth opportunities could be achieved with the enhancement of the current TPP treaty into a relationship which will increasingly resemble the Atlantic alliance of 1948 to counter the influence of the Soviet Union. It will have not just an economic component with most likely increasing protective barriers against China but a strong military component. At the beginning of 2018 a start has been made with the signing of the TPP with eleven members and the start of the US unilaterally erecting protective barriers against China. The assumption of this Report is that by the early 2020s the United States coordinates its protective measures in conjunction with its allies. This will allow the growth structure shown in the tables to continue albeit at a lower level than current World growth.

As a number of credible commentators have stated the age of economic growth being driven by the forces of globalisation have now ended. The World GDP projection in Figure 2.1 is perhaps optimistic in terms of the replacement regime.



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Figure 2.1: World GDP growth rate (%)

Queensland region construction supply and demand analysis: 1995-2028 and quarterly indicators to June 2020 – June Annual Report 2018 7

Table 2.1 World economic activity – GDP growth rates by selected countries (%) calendar years

Average annual GDP growth

2005-2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

China 8.0 6.7 6.6 6.1 5.4 5.1 4.6 4.1 4.2 4.1 4.1 4.2 4.0 3.7

France 1.3 1.2 1.4 1.9 1.7 1.5 1.5 1.4 1.6 1.5 1.4 1.2 1.3 1.3

Germany 1.6 1.8 1.6 2.0 1.9 1.1 1.0 1.0 1.3 1.3 1.3 1.1 1.2 1.2

India 7.9 6.8 7.2 6.7 6.6 6.8 6.5 5.6 5.7 5.7 5.8 5.9 5.7 5.5

Japan 0.6 1.0 1.2 1.1 1.0 0.2 0.6 0.6 0.7 0.8 0.8 0.9 0.8 0.8

United Kingdom 0.9 1.8 2.0 1.2 1.3 1.6 1.5 1.5 1.5 1.4 1.3 1.2 1.2 1.1

United States 1.5 1.6 2.3 3.0 2.8 1.6 1.3 1.5 1.8 1.9 2.0 1.9 2.0 2.0

Total world 3.5 3.5 3.5 3.7 3.4 3.2 3.0 2.8 2.9 3.0 3.1 3.2 3.1 3.0



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2.2 The Australian economic outlook

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

2.2.1 Interest rates

The 90 Day bill rate fell from 4.9% in 2010-11 to an average of 1.8% in 2016-17 and 2017-18. However interest rates are expected to start to rise in the second half of 2018 due to market forces, with an official rise in interest rates occurring in the first half of 2019 and rising by a full percentage point over 2018-19. Over 2019 interest rates are projected to increase by a full percentage point compared to current levels. Interest rates peak at 3.7% for the 90 Day bill rate by the middle of 2021. With growth in this period falling to between 1% and 2% per annum the policy authorities will have little incentive to increase interest rates in terms of domestic economic conditions as defined by growth and labour market outcomes.

It will be a different story in terms of the inflation objective. By the beginning of 2021 the inflation rate is projected to be at the top end of the inflation target range. That is, at just under 3% per annum. From this perspective the rise in interest rates is only sufficient to maintain interest rates at current levels.

However, the main driver of the increase in interest rates will be the return of current account deficits in excess of 6% of GDP. In order to attract foreign capital to fund the deficit and give an incentive to roll over maturing debt the policy authorities will have little option but to follow the rise in world interest rates, albeit at a slower rate of increase. The irony of this will be that the rise in world interest will be one of the key reasons for the increase in the current account deficit.

It will only be when the current account deficit trends downwards over the middle of the 2020s that the policy authorities will have the capacity to reduce rates, tempered by the fact that inflation in the target range and the maintenance of a relatively high current account deficit will maintain interest rates above 3% per annum for the remainder of the projection period.

2.2.2 Household savings and debt

In relation to the household sector a couple of statistics demonstrates the unsustainable nature of the current growth dynamics of the Australian economy. Between the end of 2015 and the end of 2017 total household Australian debt has increased, on average, by $130 billion at annual rates. In contrast net disposable income has increased by an average of $5 billion annual rates. Not surprisingly the ratio of household financial liabilities to net disposable income has increased from 195% in the middle of 2015 to 210% towards the end of 2017.

Part of the reason for the increase in household debt, other than for the purposes of financing investment expenditures for dwellings and other investment, has been the decline in the gross household savings ratio. This has declined from 15% at the end of 2015 to 12% by the end of 2017. If modest growth rates and consumption expenditures are maintained over the next two years the household savings ratio is projected to fall to just under 10%. It is unlikely to be able to go any lower, thereby removing any cushion further reductions in savings ratio could have made to compensate for the rise in interest rates on private household consumption expenditure.



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As such the Australian economy will not be able to rely on further debt stimulus to drive growth. This will result in growth and overall expenditure being constrained to the growth in real household disposable income, which in turn will be adversely impacted by the rise in interest rates. This largely explains why household consumption expenditure for the 2020 to 2024 period will be constrained to less than 2% per annum and only show a modest recovery post 2024.

This subdued outcome is reinforced by the growth in household wealth, especially over the period to 2024 where the rise in interest rates will prevent any further increase in the household wealth to income ratio because of the impact on dwelling prices. That is, dwelling prices are projected at best to be stable and in all probability show a decline, at least to the middle of the decade.

2.2.3 The balance of payments and the current account deficit

The other important factor in Australia’s subdued economic outlook is the decline in the manufacturing sector. The manufacturing sector output peaked in the middle of 2008. Since then manufacturing output has steadily declined to the extent that by the end of 2017 manufacturing output was 14% below its peak value. The weaknesses this has created in the current account deficit has been disguised by current low world interest rates. This situation will not continue. The result is a return in the current account to over 6% of GDP by 2021. The contribution of the decline of the manufacturing sector to this outcome, by the trend increase in the import ratio and decline in non-mining exports, cannot be underestimated.

The lack of manufacturing capacity in the early part of the next decade will also be a significant factor in explaining why only a modest recovery can be expected over the second half of the projection period.

The return of high current account deficits will result in the net foreign debt to GDP ratio increasing from 57% in 2018 to just under 70% towards the end of the projection period. This poor foreign account outcome is the major factor explaining the projected decline in the Australian exchange rate, especially to the middle of the decade.

2.2.4 Inflation and wages

The decline in the currency is one of the major factors explaining why the inflation rate accelerates from the current level of approximately 2% per annum to 2.8% per annum by 2021. This in turn will stimulate exploration in the growth of nominal wages to between 2.5% and 3.5% over the first half of the 2020s.

This outcome is consistent with the assumption that net immigration is reduced, thereby weakening the impact of subdued economic growth on labour market conditions which in turn would constrain inflation to around current levels.

2.2.5 Population and immigration

A major part of Australia’s immigration intake program is driven by labour market conditions. Over the cycle Australia’s level of net immigration is basically adjusted to maintain an unemployment rate of between 5% and 6%.



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The decline in the growth of employment from 2.8% per annum for the 2018 fiscal year to a little over 1% by 2020 will result in a decline in the migration intake. As a result net foreign arrivals are projected to decline from 246,000 in 2016 to 183,000 by 2021. As a consequence the rate of Australian population growth will decline from 1.6% in the 2017 fiscal year to 1.2% by 2021. Given the increase in hostility immigration over the last couple of years, basically arising from the pressure of population growth on infrastructure resources, it would not surprise if net immigration fell towards the 150,000 mark.

For much of the projection period post 2022 the employment growth rate remains close to the 1.3% per annum average for the period. Nevertheless, net immigration is projected to steadily increase over the second half of the 2020s reaching 244000 by 2028. This is due to the ageing of the population with the result that a steady increase in the absolute net intake will be required to maintain the unemployment rate at around 5.5%.

2.2.6 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 2024 period this falls to an average growth rate of 1.7% over the period.

2.2.7 Gross Domestic Product (GDP) growth

Given the above, it is not surprising that the projected GDP growth is relatively weak by historical standards. An economic growth rate of around 2.7% to 3.0% is expected for the next two years, that is, for the 2018 and 2019 fiscal years. The contributing factors to this outcome are strong growth in private and public investment (with the former also reflecting partnerships with the public sector), strong export growth of between 4% and 5% for the two years and a private consumption growth rate of 2.7% for 2018, although under the impact of rising debt levels and interest rates falling to a growth rate 1.8% in 2019. Further, for both years dwelling investment makes a positive contribution to growth.

By 2020 to 2022, however, most of these growth drivers will have weakened or turned negative. Dwelling investment is forecast to make a negative contribution to growth while export growth will decline to between 2% and 3% as the pipeline of uncompleted mining projects declines and the growth outlook for the World economy declines. Private and public investment will, at best, contribute on average a small positive contribution to growth while private consumption expenditure is projected to grow at less than 1.5% per annum on the trend basis.

As a result, the average annual GDP growth rate over the 2020 to 2024 period is projected at 1.7% per annum. On this basis, if Australia is to experience another recession, the first since 1991, it will be in 2022.

A modest recovery in growth is projected after 2024 with GDP growth averaging 2.1% per annum for the remainder of the projection period. However, the recovery will be modest. The maintenance of high debt levels in conjunction with interest rates returning to normal levels will be a major constraint on growth, both for the household sector and the economy generally.



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


Table 2.2 Australian economy: Population and labour market

2000-2005

2005-2010 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

2022-2028

Total population Annual growth rates Per cent 1.2 1.8 1.7 1.8 1.6 1.5 1.5 1.6 1.5 1.3 1.2 1.2 1.2 1.3

Net foreign arrivals Annual level Ths. 115.6 230.5 229.5 227.2 186.4 178.6 193.0 245.5 210.8 198.8 187.2 183.4 191.0 214.5

Population 18 and over Annual growth rates Per cent 1.5 2.0 1.8 1.9 1.7 1.5 1.2 1.7 2.7 1.4 1.3 1.3 1.3 1.4

Total hours worked Annual growth rates Per cent 1.4 1.8 1.2 0.7 0.6 1.0 1.7 1.3 2.8 0.9 1.1 1.4 1.7 0.9

Average hours worked per working age population per week

Annual level Ths. 20.9 21.3 21.0 20.8 20.6 20.5 20.6 20.8 21.4 21.4 21.4 21.4 21.3 21.1

Total employment Annual growth rates Per cent 2.0 2.3 1.2 1.3 0.6 1.3 2.3 1.4 2.8 1.1 1.2 1.5 1.8 1.2

Total employed per working age population

Annual growth rates Per cent 0.6 0.3 -0.5 -0.6 -1.1 -0.2 1.1 1.3 0.5 -2.3 -0.2 0.2 0.5 -0.2

Total workforce Annual growth rates Per cent 1.7 2.4 1.4 1.6 1.0 1.6 1.9 1.2 2.6 1.1 1.3 1.7 2.0 1.1

Number unemployed Annual level Ths. 598.4 532.7 614.1 656.8 713.4 765.0 743.6 729.0 726.8 737.7 771.0 811.6 845.3 824.0

Unemployment rate Annual level Per cent 6.1 4.8 5.2 5.4 5.8 6.2 5.9 5.7 5.5 5.6 5.7 5.9 6.1 5.7

Participation rate Annual level Per cent 63.4 65.1 65.3 65.1 64.7 64.8 65.1 64.8 65.5 65.2 65.2 65.5 65.9 65.6


Table 2.3(a) Australian economy: Formation of real GDP – Demand side – average annual growth

2000-2005

2005-2010 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

2022-2028

Total private consumption expenditure

Annual growth rates Per cent 4.0 3.5 3.0 1.8 2.4 2.4 2.8 2.6 2.7 1.8 1.7 2.0 1.5 2.2

Total government consumption expenditure


Dwelling investment expenditure Annual growth rates Per cent 2.7 -1.6 -5.3 0.0 6.6 9.4 10.5 2.8 -3.7 -0.8 -2.4 -4.1 -5.3 2.6

Total private business investment

Annual growth rates Per cent 6.3 6.4 27.3 5.8 -4.7 -7.3 -12.5 -9.4 10.9 4.6 4.2 2.4 -2.0 1.7

Total public business investment Annual growth rates Per cent 5.8 10.4 -1.3 -2.3 -4.9 -5.7 4.2 16.1 5.8 6.9 0.4 4.6 -4.1 1.4

Total transfer expenditure Annual growth rates Per cent -1.1 -1.3 -1.3 6.7 16.7 10.0 2.4 0.5 -0.4 -0.5 -1.3 -2.3 -3.0 1.4

Total domestic demand Annual growth rates Per cent 4.2 3.8 5.4 1.9 1.1 0.9 1.4 2.3 3.4 2.3 1.7 1.6 0.3 2.0

Total export of goods and services


Total imports of goods and services

Annual growth rates Per cent 7.7 7.2 11.4 0.3 -2.3 0.9 -0.1 4.9 7.1 4.0 3.2 2.8 1.2 3.5

Stock change and other (including cmv impact)

Annual growth rates Per cent -10.2 -194.8 -103.6 -30911.1 111.4 -112.1 55.1 -323.8 12.5 -18.5 -296.5 248.9 75.1 2.0

GDP Annual growth rates Per cent 3.2 2.8 3.9 2.6 2.6 2.4 2.8 2.1 2.7 2.6 1.9 2.0 1.4 2.0

Farm and mining product Annual growth rates Per cent 2.1 3.8 4.8 5.7 7.2 5.4 2.2 5.3 -0.2 10.3 3.7 1.7 1.9 2.5

Non primary product Annual growth rates Per cent 3.3 2.8 3.8 2.4 2.2 2.1 2.9 1.8 3.0 1.9 1.8 2.0 1.3 1.9

GDP at factor cost Annual growth rates Per cent 6.8 7.4 6.1 2.1 3.8 1.5 1.9 4.0 5.4 5.3 2.3 3.8 4.5 4.4

Indirect taxes etc. Annual growth rates Per cent 7.3 4.9 2.2 7.3 6.6 1.6 6.9 0.5 8.5 -1.3 0.7 4.6 4.3 4.0

GDP at market prices Annual growth rates Per cent 6.9 7.1 5.7 2.6 4.1 1.5 2.4 3.7 5.7 4.6 2.1 3.9 4.5 4.4


Table 2.3(b) Australian economy: Formation of real GDP – Demand side – percentage point contribution to GDP growth

2000-2005

2005-2010 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

2022-2028

Total private consumption expenditure

Percentage point Per cent 2.2 2.0 1.8 1.0 1.4 1.4 1.6 1.6 1.6 1.0 1.0 1.2 0.9 1.3

Total government consumption expenditure


Dwelling investment expenditure Percentage point Per cent 0.2 -0.1 -0.3 0.0 0.3 0.5 0.6 0.2 -0.2 0.0 -0.1 -0.2 -0.2 0.1

Total private business investment

Percentage point Per cent 0.5 0.8 4.1 0.9 -0.7 -1.0 -1.4 -0.9 1.2 0.5 0.5 0.3 -0.2 0.2

Total public business investment Percentage point Per cent 0.2 0.5 -0.1 -0.1 -0.2 -0.3 0.2 0.8 0.3 0.4 0.0 0.3 -0.2 0.1

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

Total domestic demand Percentage point Per cent 4.1 3.9 5.7 2.0 1.2 0.9 1.5 2.3 3.5 2.4 1.7 1.7 0.3 2.0

Total export of goods and services


Total imports of goods and services

Percentage point Per cent -1.1 -1.4 -2.7 -0.1 0.5 -0.2 0.0 -1.1 -1.6 -0.9 -0.8 -0.7 0.3 -0.9

Stock change and other (including cmv impact)

Percentage point Per cent -0.1 0.4 0.0 55.7 -0.4 0.0 0.0 0.5 0.0 0.0 -0.7 2.1 1.1 0.0

GDP Percentage point Per cent 3.2 2.8 3.9 2.6 2.6 2.4 2.8 2.1 2.7 2.6 1.9 2.0 1.4 2.0


Table 2.4 Australian economy: Household income, expenditure and debt indicators

2000-2005

2005-2010 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

2022-2028

Wage and non-farm mixed income


Farm income Annual growth rates Per cent 15.0 -1.2 9.3 14.1 -5.0 15.5 3.2 48.5 -21.3 -11.7 8.5 5.2 5.4 4.8

Cash benefits Annual growth rates Per cent 8.0 5.8 6.6 3.9 6.5 2.6 1.4 -1.7 2.7 6.6 6.6 7.0 7.1 7.5

Property income Annual growth rates Per cent 8.7 10.2 4.7 -2.1 4.3 5.3 1.2 0.3 4.0 5.1 5.4 5.7 5.4 5.1

Other household income Annual growth rates Per cent 5.3 10.4 8.4 2.3 5.4 4.5 1.9 0.9 3.7 -1.4 6.2 6.0 5.4 5.6

Total household receipts Annual growth rates Per cent 7.1 7.2 6.2 2.4 4.3 4.4 2.5 2.2 2.9 3.3 5.1 4.8 4.8 5.0

Taxes paid Annual growth rates Per cent 5.2 2.5 11.0 5.6 4.0 7.3 4.8 4.1 6.3 4.5 5.6 6.6 7.8 4.0

Interest paid Annual growth rates Per cent 13.9 10.5 2.1 -10.8 -7.2 -1.7 -2.2 -2.6 0.8 17.5 28.1 17.0 8.4 3.1

Other household payments Annual growth rates Per cent 6.5 8.2 7.2 8.7 4.4 4.0 2.0 14.6 3.7 4.4 4.8 4.5 4.2 5.2

Total household disposable income


Household savings ratio Annual growth rates Per cent 2.3 7.4 1.6 -7.2 2.8 3.0 -8.5 -10.7 -14.1 -15.5 -6.9 -13.3 -2.0 6.9

Household consumption expenditure


Real household disposable income

Annual growth rates Per cent 4.2 4.5 3.3 0.4 2.9 3.0 1.1 0.8 0.6 -0.2 1.0 0.7 1.3 2.9


Table 2.5 Australian economy: Commodity prices, terms of trade and the balance of payments

2000-2005

2005-2010 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

2022-2028

Index of Commodity Prices: Rural Component: $US Annual level Index 630.6 927.0 1297.1 1284.8 1208.2 1141.3 1000.0 1028.2 1082.5 1041.1 959.9 911.3 908.1 999.4

Index of Commodity Prices: Non-Rural Component: $US Annual level Index 564.8 1416.7 2394.1 1993.8 1811.2 1324.6 1000.0 1310.2 1455.4 1338.5 1166.7 1122.9 1141.9 1234.2

Index of Commodity Prices: TOTAL: $US Annual level Index 598.6 1342.6 2209.1 1878.5 1713.4 1295.7 1000.0 1265.8 1396.6 1289.2 1130.1 1086.2 1102.4 1193.6

Index of Commodity Prices: Rural Component: $A Annual level Index 743.1 829.5 915.2 911.4 957.9 995.1 1000.0 992.6 1008.6 1000.6 968.7 956.9 958.3 1027.8

Index of Commodity Prices: Non-Rural Component: $A Annual level Index 658.6 1276.2 1689.9 1414.6 1437.6 1149.9 1000.0 1265.8 1355.8 1286.2 1177.6 1179.3 1205.3 1269.7

Index of Commodity Prices: TOTAL: $A Annual level Index 699.9 1208.3 1559.2 1332.8 1359.8 1125.6 1000.0 1222.8 1306.3 1325.6 1276.4 1262.5 1266.9 1356.4

Terms of trade Annual level Index 0.8 1.1 1.4 1.3 1.2 1.1 1.0 1.1 1.2 1.1 1.0 1.0 1.0 1.0

Balance of trade Annual level $billion -13.2 -15.3 -4.6 -19.9 -6.2 -24.8 -37.2 11.5 14.0 -9.3 -49.8 -67.9 -56.9 -36.4

Net income paid overseas Annual level $billion 20.7 42.5 46.4 39.3 42.9 42.4 44.7 43.4 -10.3 -77.8 -88.2 -87.2 -92.4 -106.5

Current account balance Annual level $billion -36.8 -62.0 -52.1 -60.5 -50.0 -60.3 -74.7 -37.2 -47.5 -87.0 -137.9 -155.1 -149.3 -142.9

Current account balance - % of GDP Annual level Index -4.6 -5.4 -3.5 -4.0 -3.1 -3.7 -4.5 -2.1 -2.6 -4.6 -7.1 -7.7 -7.1 -5.9

International debt - % of GDP Annual level Index 41.7 49.6 48.6 50.2 53.7 57.9 61.1 60.5 57.3 58.2 62.5 66.1 67.8 68.4

90 day rate Annual level Index 5.3 5.6 4.4 3.2 2.6 2.5 2.2 1.8 1.8 2.5 3.2 3.7 3.6 3.2

10 year bond rate Annual level Index 5.8 5.6 4.0 3.3 4.0 3.0 2.6 2.4 2.7 3.1 3.8 4.4 4.2 3.8

Oil price Annual growth rates $US 29.9 72.4 105.4 102.3 105.5 71.8 42.2 52.0 57.6 61.0 63.8 66.1 67.6 66.1

$US/$A exchange ate Annual growth rates Per cent 3.7 3.3 4.2 -0.4 -10.5 -8.9 -13.0 3.8 3.9 -3.8 -4.8 -3.9 -0.5 1.0

Weighted average exchange rate

Annual growth rates Per cent 2.6 1.9 2.7 1.3 -8.4 -4.8 -7.6 4.5 2.0 -5.3 -6.9 -5.6 -1.1 0.1


Table 2.6 Australian economy: Formation of real GDP – Supply side – average annual growth

2000-2005

2005-2010 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022

2022-2028

Agriculture Annual growth rates Per cent 1.9 1.9 1.0 -0.7 1.1 1.3 -6.4 13.3 -4.2 10.2 6.1 4.4 3.6 2.8

Mining Annual growth rates Per cent 2.2 5.1 7.2 9.5 10.5 7.4 6.2 2.7 4.2 10.3 2.8 0.6 1.3 2.4

Manufacturing Annual growth rates Per cent 1.8 0.1 0.9 -3.2 -1.1 -1.4 -2.4 -1.7 0.6 -2.5 -0.9 -0.6 0.0 1.1

Construction Annual growth rates Per cent 4.8 4.7 11.4 3.8 4.4 -2.6 -0.9 -3.8 11.4 7.5 -0.6 -0.8 -2.7 2.8

Distribution Annual growth rates Per cent 3.2 2.6 3.6 2.8 -0.4 2.9 3.6 2.8 12.5 11.2 1.3 0.0 0.0 2.1

Finance Annual growth rates Per cent 4.5 4.1 5.1 3.4 2.4 4.0 3.4 4.2 4.1 2.7 2.3 1.8 1.6 1.1

Business services Annual growth rates Per cent 3.6 3.1 4.2 3.3 3.4 3.1 4.1 2.3 -2.4 -2.9 2.8 4.3 1.9 1.9

Community services Annual growth rates Per cent 3.4 3.9 2.3 3.1 4.0 4.2 3.6 4.3 3.0 1.7 2.5 1.9 2.2 3.3

Ownership of dwellings Annual growth rates Per cent 2.8 1.9 1.4 1.2 0.6 0.7 2.6 2.4 3.8 3.6 2.1 1.9 1.6 1.4

Indirect taxes and other Annual growth rates Per cent 2.5 1.1 1.6 1.5 0.3 1.4 3.9 -1.8 2.0 1.8 1.7 1.0 0.7 2.4

GDP Annual growth rates Per cent 3.2 2.8 3.9 2.6 2.6 2.4 2.8 2.1 2.8 2.7 2.0 1.9 1.1 2.1



18 18 18

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 2020 to 2028 period, the recovery in construction expenditure will add 0.20 percentage points to Queensland GSP growth and, therefore, would explain 16% of the overall Queensland GSP growth rate if indirect effects are allowed for. The contribution of the mining sector to Queensland economic growth peaked in 2017 with a one percentage point contribution to overall gross state product growth. Nevertheless steady growth in the mining sector over the 2020s despite a subdued world economy is projected to contribute 0.3 percentage points to the overall Queensland growth rate and of course will represent an important contribution to the improvement in the relative performance of the Queensland economy. 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 headwinds 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

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Annual growth – $CVM m (%)

Private consumption expenditure 3.5 2.2 2.3 1.9 2.0 2.4 2.3 2.4 2.6 2.5 2.4 2.4 2.6 2.7 2.8 2.8 2.65

Government expenditure 3.7 -1.3 -0.3 2.8 5.9 5.1 5.1 2.8 2.4 2.4 2.8 2.9 2.4 2.5 2.3 2.3 2.3

Dwelling investment -4.5 -7.2 7.9 11.9 17.4 3.4 -6.1 -1.1 -2.9 -0.8 2.4 2.9 3.0 4.3 6.6 7.1 6.4

Private investment 42.7 5.8 -3.0 -23.4 -24.7 0.3 10.0 2.6 2.7 5.3 -0.1 -8.7 -6.5 -0.5 5.4 0.0 -3.6

Public investment -0.2 -8.7 -1.5 -15.4 -4.6 5.0 0.5 2.7 4.1 1.0 4.0 4.3 7.1 3.3 1.0 3.7 5.8

Total state final demand 8.9 1.4 1.3 -3.4 -1.2 2.8 2.8 3.2 2.3 2.4 2.6 2.2 1.2 1.8 2.4 3.1 2.7

Net trade and stocks – percentage point contribution -3.4 1.5 0.9 4.6 3.9 -1.0 0.0 -0.3 -0.1 0.0 -0.4 -0.1 1.0 0.4 -0.3 -0.5 0.1

Gross State Product 5.5 2.8 2.2 1.2 2.6 1.8 2.8 2.9 2.3 2.4 2.2 2.1 2.1 2.1 2.2 2.5 2.8

Percentage point contribution to Queensland GSP growth

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

Government expenditure 0.8 -0.3 -0.1 0.5 1.2 1.0 1.1 0.6 0.5 0.5 0.6 0.6 0.5 0.6 0.5 0.5 0.5

Dwelling investment -0.2 -0.3 0.4 0.6 1.1 0.2 -0.4 -0.1 -0.2 0.0 0.1 0.1 0.2 0.2 0.3 0.4 0.4

Private investment 10.5 1.5 -0.7 -4.2 -3.3 0.0 1.3 0.4 0.4 0.7 0.0 -1.2 -0.8 -0.1 0.6 0.0 -0.4

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

Total state final demand 10.7 1.6 1.5 -3.8 -1.3 3.1 3.1 3.6 2.6 2.6 2.9 2.5 1.3 1.9 2.7 3.4 3.0

Net trade and stocks - percentage point contribution -3.4 1.5 0.9 4.6 3.9 -1.0 0.0 -0.3 -0.1 0.0 -0.4 -0.1 1.0 0.4 -0.3 -0.5 0.1



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

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

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

Agriculture 2.7 -4.3 -3.0 2.8 -3.2 -4.5 -3.6 -3.8 11.3 3.7 3.9 3.8 3.6 3.4 3.2 3.1 3.0

Mining 5.6 11.8 8.8 11.1 11.9 13.3 3.9 0.2 2.2 3.2 3.9 2.6 4.8 4.5 5.0 5.5 4.3

Manufacturing 5.0 -0.6 -1.7 -0.5 -2.6 -2.6 0.6 -2.5 0.6 0.0 0.8 0.8 1.6 1.6 1.4 1.2 1.3

Construction 16.0 6.6 8.3 -14.9 -10.0 -2.1 -2.0 -4.3 5.7 -0.9 1.1 1.3 1.4 5.7 3.1 2.6 3.5

Other services 4.2 2.4 1.3 3.4 4.6 1.9 3.8 4.8 1.7 2.8 2.2 2.2 1.9 1.5 1.8 2.2 2.6


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

Agriculture 0.1 -0.2 -0.1 0.1 -0.1 -0.1 -0.1 -0.1 0.4 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Mining 0.3 0.6 0.5 0.7 0.8 1.0 0.3 0.0 0.2 0.2 0.3 0.2 0.4 0.4 0.4 0.5 0.4

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

Construction 1.9 0.8 1.1 -1.6 -0.9 -0.2 -0.2 -0.3 0.5 -0.1 0.1 0.1 0.1 0.5 0.3 0.2 0.3

Other services 2.9 1.7 0.9 2.4 3.3 1.4 2.8 3.6 1.3 2.1 1.7 1.7 1.4 1.1 1.3 1.7 1.9


Table 2.8 Formation of Queensland population (fiscal year average)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Net immigration – overseas and interstate (‘000) 56 49 31 25 35 53 48 59 52 44 43 44 51 54 55 55 56

Natural increase (‘000) 35 36 36 33 32 31 31 31 31 31 31 31 31 31 31 31 31

Total increase (‘000) 92 84 67 58 67 84 79 90 83 75 75 75 82 85 85 86 86

Total population (‘000) 4569 4653 4720 4778 4845 4929 5008 5098 5181 5256 5331 5406 5488 5573 5658 5744 5830

Population growth rate (%) 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 (%) 1.3 0.2 1.3 0.2 1.7 0.1 4.2 1.6 1.4 1.9 2.3 2.1 1.9 1.6 1.7 1.7 1.6



21 21 21

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

2003-2007 2007-2017 2017-2020 2020-2028

Brisbane 43.2 43.1 43.5 40.4

Gold Coast 14.2 12.7 14.6 13.8

Sunshine Coast 8.3 7.3 8.4 7.6

West Moreton 1.9 2.0 2.0 2.2

Wide Bay/Burnett 6.2 3.4 2.7 2.8

Darling Downs 2.9 2.6 2.1 1.9

South West -0.2 -0.1 -0.2 0.0

Fitzroy 3.6 2.5 1.7 3.2

Central West -0.2 -0.2 -0.2 0.0

Mackay 4.2 1.6 0.6 2.4

Northern 3.6 3.0 2.5 3.6

Far North 4.4 4.0 3.4 3.3

North West -0.1 -0.2 -0.3 0.1

Queensland 92.0 81.8 80.7 81.1

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 key to data lines in the tables is the average mortgage costs at current mortgage interest rates on established and new dwelling construction relative to average household income from the labour market catchment for the region. For Brisbane city in terms of established dwellings this is 37% as of the middle of 2018 compared to 31% for new dwelling construction. These ratios are conducive to dwelling activity what the very least not a significant negative factor in depressing dwelling activity.



22 22 22

It’s a different case in the Gold Coast where both ratios are above 50%. This indicates that the main driver of construction activity in the Gold Coast has to be the inflow of new households with wealth captured by the sale of dwellings elsewhere in Australia. The Sunshine coast is similar in terms of its housing affordability dynamics as the Gold Coast. For West Moreton the situation is the reverse of Brisbane City with the average mortgage on new dwelling construction being 40% and significantly above the average mortgage on established dwellings. This represents a significant negative for dwelling activity in West Morton. Logan is subject to the same affordability dynamics as West Moreton although less severe.

Table 2.10 Housing affordability – Brisbane City

Housing indicator 1991.3 1996.3 2001.3 2006.3 2011.2 2015.2 2018.2

Average growth 1996 to

2018 (%)

Average established dwelling price ($cvm '000s) 212.8 222.7 275.5 449.4 549.6 568.4 588.4 2.3

Average adjusted household income per occupied dwelling 76,551 78,452 90,801 119,197 144,615 138,163 127,316 0.6

Ratio of adjusted dwelling price to adjusted average household disposable income 2.8 2.8 3.0 3.8 3.8 4.1 4.6 1.7

Average household income from labour market catchment 60,967 66,733 81,894 99,164 111,726 98,303 85,132 -1.3

Ratio of average mortgage costs on established dwellings to average household catchment income 36.7% 27.6% 21.7% 32.4% 35.4% 32.2% 36.8% 1.1

Ratio of average mortgage costs on new dwellings to average household catchment income 59.3% 42.6% 28.8% 34.6% 31.1% 24.6% 30.9% -1.0

Share of flats in dwelling stock 18.4% 17.2% 17.7% 19.6% 20.0% 23.6% 27.9% 3.1

Ratio of houses in new dwelling approvals na 62.3% 56.2% 53.4% 30.8% 15.4% 26.9% -5.7

Adults per occupied dwelling 2.2 2.1 2.0 2.1 2.2 2.2 2.2 0.4



23 23 23

Table 2.11 Housing affordability – Gold Coast



2018 (%)



Ratio of adjusted dwelling price to adjusted average household disposable income 4.2 4.5 4.4 5.7 4.8 4.7 5.5 -0.2


Ratio of average mortgage costs on established dwellings to average household catchment income 47.2% 43.3% 34.4% 54.4% 56.2% 44.6% 52.3% -0.3





Table 2.12 Housing affordability – West Moreton



2018 (%)












24 24 24

Table 2.13 Housing affordability – Logan Redland



2018 (%)








Ratio of houses in new dwelling approvals na 80.7% 85.4% 74.7% 70.7% 83.1% 82.6% 0.9


Table 2.14 Housing affordability – Moreton Bay



2018 (%)












25 25 25

Table 2.15 Housing affordability – Sunshine Coast



2018 (%)







Share of flats in dwelling stock 21.7% 15.8% 15.6% 16.2% 12.8% 13.2% 14.0% -1.2



Table 2.16 Housing affordability – Darling Downs South West



2018 (%)









Adults per occupied dwelling 2.2 2.1 2.0 2.0 2.0 2.0 2.0 -0.1



26 26 26

Table 2.17 Housing affordability – Far North Torres



2018 (%)

Average established dwelling price ($cvm '000s) 166.9 207.9 190.4 331.2 352.9 340.5 343.9 0.3%

Average adjusted household income per occupied dwelling 69,021 70,924 86,546 108,115 109,557 101,053 100,692 -0.6%

Ratio of adjusted dwelling price to adjusted average household disposable income 2.6 3.1 2.3 3.3 3.3 3.4 3.5 0.5%

Average household income from labour market catchment 46,650 48,680 55,552 69,156 68,811 61,834 54,147 -2.1%

Ratio of average mortgage costs on established dwellings to average household catchment income 38.1% 35.9% 22.8% 34.7% 37.2% 30.6% 33.9% -0.2%

Ratio of average mortgage costs on new dwellings to average household catchment income 69.3% 51.7% 36.7% 42.3% 50.6% 40.6% 43.6% 0.3%

Share of flats in dwelling stock 17.4% 16.0% 17.0% 16.9% 17.2% 17.2% 17.1% 0.1%

Ratio of houses in new dwelling approvals na 69.8% 77.5% 70.2% 90.5% 90.4% 91.5% 2.3%

Adults per occupied dwelling 2.1 2.0 2.0 2.0 2.0 2.1 2.1 0.3%

Table 2.18 Housing affordability – Fitzroy Central West



2018 (%)

Average established dwelling price ($cvm '000s) 119.9 141.6 139.4 281.4 370.8 329.5 263.3 -0.6











27 27 27

Table 2.19 Housing affordability – Mackay



2018 (%)







Share of flats in dwelling stock 10.0% 10.7% 10.0% 11.2% 9.7% 10.8% 10.8% -0.3



Table 2.20 Housing affordability – Townsville North West



2018 (%)












28 28 28

Table 2.21 Housing affordability – Wide Bay Burnett



2018 (%)












29 29 29

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 2016-17 Queensland construction activity (or total work done across the dwelling, non-residential building and engineering segments) is estimated to have grown by 1.7%. The figure for 2017-18 is growth of 2.1%. The falls in private sector residential new work done and public sector engineering construction over 2017-18 were offset by the increases in the other components – in particular private sector engineering expenditure which contributed 4.6% of total construction growth in Queensland.

(ii) The projected construction activity growth rate for 2018-19 is a decline in expenditure of 4.0%. This is the result of decreased private sector expenditure in non-residential building, engineering construction and dwelling construction. Private dwelling construction is projected to decline by 1.1% or $193 million. Non-residential building will decline by 14.1% which reduces expenditure by $1 billion, although the public sector increase is $396 million, meaning that the Private sector expenditure in non-residential building will fall by $1.4 billion. Engineering construction will decrease by $0.58 billion, all of this is in the private sector as public sector engineering construction expenditure will grow by $0.7 billion. In spite of record low interest rates continued population growth none of the sectors will thrive in 2018-19.

(iii) In 2019-20 total Queensland construction is projected to grow by 4.6%, the private dwelling sector is still in decline, the exception being other work done with growth of 4.2% however total private dwelling construction declines by 2.9% thereby reducing total construction growth by 1.2 percentage points. Non-residential construction is projected to grow at 0.9% with a contribution to total growth 0.1 percentage points. Engineering construction will grow at 12.3% contributing 5.6 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 2017 annual report are adjusted to the price base of this year's report a comparison of the projections can be made. In the 2017 Report the projected growth in the total level of Queensland construction activity for 2018 was an increase of 8.9%, in this year’s report the preliminary figure for 2018 total construction activity is for an increase of 2.1%. This is due in part to revisions in the historical data for 2017, to a slower than expected growth in the engineering sector as low world commodity prices delay mining investment and uncertainty in the energy sector delays investment.

These delayed engineering projects will move into the construction phase over 2020 and 2021, hence the projections for 2019 are lower than anticipated in last year’s report. In the previous report total construction was projected to grow by 7% in 2019, in this report construction declines over 2019 is at 4.0%.



30 30 30

3.3 The Queensland dwelling market

3.3.1 New dwelling construction

For the 2017 fiscal year total new construction in private dwelling grew by 3.4% to reach at $14.3 billion. For 2018 it is an estimated that the decrease in private new dwelling construction will be 10.2% bringing private new dwelling construction expenditure to $12.9 billion. Dwelling approvals are once again trending downwards as can be seen from Figure 3.1. Queensland’s population increased by an average of 92,000 per annum over the years 2003 to 2009. Since then the average increase per annum has been 82,000 per year. Between 2003 and 2009 Queensland employment was growth averaged 3.9%, between the years 2010 to 2018 the growth in employment averaged just 1.2% per annum. Hence there will be little demand for new dwellings over the short term.

3.3.2 Other dwelling expenditure

Queensland’s other renovation expenditures increased by 3.5% over 2017 contributing just 0.4 percentage points to total construction growth for that year. In 2018 other dwelling expenditure growth was 6.2% which contributed 0.6 percentage point to total construction expenditure. The next two years will have an average annual growth of 8.1%. The percentage point contribution to total construction growth for these two years are 1.3 for 2019 and 0.5 for 2020.

Other renovation expenditure is currently $5.1 billion per annum and is still under 96% of the pre-GFC peak of $5.3 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 four years. In 2015 growth reached 11.9%, followed by 17.4% in 2016 and 3.4% in 2017. The current year 2018 will decline 6.1% in private residential building expenditure. It will be some time before private dwelling expenditure returns to positive growth. In 2018 the level of expenditure on private residential construction was $12.9 billion, the projection is that for 2020 the level of expenditure will be $11.3 billion.

In terms of contribution to total construction growth private dwelling expenditures caused a 2.6 percentage points reduction reducing the 2018 total construction growth of 2.1%. In the following two years private dwelling expenditure contributes an average of -0.8 percentage points to total construction average growth of 0.3%.

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. For 2018 there were around 41,000 dwellings commenced. Dwelling commencements for 2019 to 2020 are likely to average the 35,000 per year as dwelling approvals growth has slowed.



31 31 31

Figure 3.1: Queensland dwelling – new construction approvals

Figure 3.2: Queensland dwelling – new construction approvals



32 32 32

Figure 3.3: Queensland non-residential building approvals

Figure 3.4: Real Queensland established house prices



33 33 33

Figure 3.5: Queensland housing rental vacancy rate

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



34 34 34

3.4 Non-residential building

The value of Non-residential building work was just under $7 billion in 2017. This is the result of a decline of 5.1% on the 2016 value. This is 77% of the GFC stimulus peak of $9 billion reached in 2011. The current year, 2018 has expenditure levels estimated at $7.4 billion which represents growth of 6.8% on 2017 levels. The contribution of this non-residential building growth to the total construction growth in 2018 is 1.0 percentage points. The next two years will have an average decline of -6.6% with expenditure falling to $6.4 billion for 2019 and remaining at this level through to 2020.

3.4.1 Private non-residential building

In 2017 private non-residential building expenditure rose by 1.2%, growth for the previous year was 2.7%. The data indicates that in 2018 private non-residential building is likely to continue to grow at around 6.2%. The 2019 and 2020 fiscal years will show falls with the level of expenditure averaging $4.8 billion per annum. Retail, and Other Business projects will be the main contributors to this reversal. Approvals for the three years to 2017 have averaged $7.1 billion, however the value of approvals for 2018 was just $6.7 billion, hence for the next two years that is 2019 and 2020, private non-residential building expenditure is projected to fall to an average of around $4.8 billion with an average decline of 11.7% 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 and to a lesser extent 2016 and 2017 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.

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



35 35 35

Figure 3.8: Excess demand for dwellings – Queensland

3.4.2 Public non-residential building activity

The fiscal year 2017 had the lowest public non-residential building expenditure for 23 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 $4.4 billion in 2011 have seen a steady decline in government non-residential building expenditure, for 2017 public non-residential building expenditure was just $1.04 billion. The same figure for 2018 is $1.15 billion.

The average annual growth rate over the three stimulus years was 44.0% per annum. The following six years have seen large declines averaging 20% per annum. Public Sector non-residential building has now passed the bottom of the trough, with growth of just 10.6% in 2018.

The next two years mark the continuation of this new growth phase as population growth has now caught up with the stimulus projects. Public non-residential building expenditure will be over $1.5 billion in each of the next two years. Growth for 2019 and 2020 will average 19.7% per annum.



36 36 36

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

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 risen by 6.2% or $54 million, projects under consideration have declined by 51.4% or $348 million.

Projects that have recently moved to the construction phase are; the $241 million Capricornia Correctional Centre expansion, the $140 million ten-level office tower at the Brisbane Showgrounds, the $54 million North Shore State School at Burdell in Townsville and a $45 million New secondary school in Yarrabilba.

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 $750 million Dusit Thani Brookwater Golf & Spa Resort and the $470 million Westfield Coomera Shopping Centre.



37 37 37

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

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



38 38 38

3.4.4 Total non-residential building activity

In 2018 non-residential building expenditure reached $7.4 billion, this has been the average for the six years since the end of the government GFC stimulus years. As mentioned above there are a small number of new projects under construction, but there is not a lot in the pipeline, the value of projects listed as committed has been consistently low now for three years. Non-residential approvals are not currently trending upwards. Allowing for the lag between approval and the beginning of construction it is not likely that there will be much improvement until 2020 or beyond. The projection for 2019 is for a decline in non-residential building construction of 14%. There is no significant change to expenditure over 2020.

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.

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 13.1 percentage points of average annual engineering growth of 18.6% per annum. In contrast at that time the roads, highways and subdivisions segment was the second largest contributor to growth contributing but only averaging 1.8 percentage points per annum. The average value of heavy industry construction over this period was $13.4 billion per annum, for the roads, highways and subdivisions segment the average value was $5.5 billion per annum. Expenditure on Heavy Industry construction in total for the years 2006 to 2018 was $168 billion.

By 2015, however heavy industry is the major contributor to the decline in engineering. The heavy industry contribution was -24.4 percentage points of the total decline of -34.5% for total engineering construction. However, that is not to say that heavy industry expenditure was insignificant in 2015 heavy industry expenditure was $21 billion which is still above the average over the previous five years. Heavy industry was still the largest engineering sector. The $16 billion decline in engineering expenditure that occurred over 2015, was mainly due to the $11 billion decline in heavy industry expenditure, electricity generation also had a significant decline with expenditure in 2015 being $2 billion less than in the previous year .

The contribution of heavy industry to the 39.4% decline in engineering construction in 2016 was 36.8 percentage points. The expansion of LNG related projects over the 2010 to 2014 period followed by the winding up of these projects over the 2015 to 2018 period explains the bulk of the oscillations in the engineering profile.



39 39 39

For 2017 roads are the largest driver of the small amount of growth contributing 5 percentage points to the total growth of just 2.7%. Roads continue to be important contributors in 2018 as does the Electricity generation, transmission and distribution and pipelines sector which contributed 7.1 percentage points to the total growth of 8.3%.

Over the next two years Queensland heavy industry expenditures is projected to be an average of $6.5 billion per annum. Slow progress in this sector indicates that Heavy Industry will be the largest contributor to the total engineering construction decline in 2019. In 2020 the return to growth is driven by increases in expenditure on Bridges, railways and harbours which will contribute 10.8 percentage point to the total growth of 12.3%.

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 grown by almost 50% since 2011 reaching $32 billion 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.

Instability and uncertainty in world markets have led to delays in further expansion of the LNG industry, as has been seen historically, when this occurs there will be a significant impact on engineering construction expenditure.

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. The profile since the decline of the LNG investments is a little different. The growth in 2018 for engineering construction was 8.3%, all the growth was in the private sector which expanded by 13%, the public sector declined in 2018 by 15.3%, however due to the nature of projects in engineering some of this private sector growth may have PPP and therefore at least partly attributable to government expenditure. In 2018 total engineering construction contributed 3.5 percentage points toward the total construction growth of 2.1%.

In 2019 and 2020 private engineering construction is predicted to show little growth overall, declines in 2019 will be reversed by growth in 2020, with the result that expenditure in 2020 should reach $18 billion. Public engineering will show strong growth over this period rising from $2.7 billion in 2018 to $4.5 billion by 2020.

The contribution to total construction of private engineering construction in 2020 will be 3.0 percentage points, and for public engineering construction the contribution to total construction will be 2.6 percentage points, hence the contribution of total engineering to the 4.6% growth of total construction in 2020 is 5.6 percentage points.

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.



40 40 40

Figure 3.12: Queensland mining, LNG and metal ore investment

Figure 3.13: Queensland real mining output % rate of growth



41 41 41

Figure 3.14: Queensland mining investment

Figure 3.15: LNG expansion



42 42 42

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 declined by 7.2% or $310 million, projects under consideration have risen by 7.2% or $739 million.

Major engineering projects still under construction are; the $5409 million Cross River link from Dutton Park to Bowen Hills, the $4400 million New Generation Rollingstock and Wulkuraka Maintenance Centre, the $1760 million Byerwen Coal Project, and the $1606 million Toowoomba Second Range Crossing.

Major projects that have recently entered the construction phase are; the $315 million Daydream Solar Farm and Hayman Solar Farm, the $190 million Pacific Motorway (Rochedale South), Miles Platting Road to Rochedale Road (Gateway Merge), the $115 million Wynnum Road Corridor Upgrade Stage 1, and the $80 million Inner City Bypass.

As can be seen from these two lists, there are no new projects that are as large as the projects that are still under construction from earlier reports.

Figure 3.16: Queensland engineering – work done



43 43 43

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

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



44 44 44

3.6 Queensland’s construction share of total Australian construction

Queensland construction share of total Australian construction averaged 22.5% over the last 20 years. The high point in 2014 reached 27.1%, the low point over this period was 18.9 in 2018.

In 2018 Residential building in Queensland accounts for 18.4% of the nation’s expenditure in the segment, whilst the non-residential building share of the national non-residential building has averaged 20.4% since 2011. The share for residential should average around 18% through to 2020. The Non-residential construction in Queensland share of the national expenditure will average 15% per annum over 2019 and 2020.

Engineering construction in Queensland accounted for 34.4% of the national engineering expenditure in 2014. Twenty years ago it was 19.5% of the nation’s total engineering expenditure. This is similar to the current value of 19.6% in 2018. Queensland engineering construction will account for 21% of the nation’s engineering construction expenditure over 2019 and 2020.

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



45 45 45

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

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 2018 forecasts) (constant prices chain volume measure – 2015-16)

Fiscal years 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

AUSTRALIA ($m)

Total Residential Building 76100 81094 88715 97991 101026 99445 99311 94837 88536 85311 85209 87130 91527 97531 105323 113550

Total Non-Residential Building 35614 37424 37407 37523 37343 41174 42691 43762 40690 39418 41640 41378 40782 40805 41151 41029

Total Engineering Construction 141574 136075 113626 95476 86993 106190 103071 110719 117370 120629 117801 109871 115400 112907 113623 118301

Total Australian construction activity 253288 254593 239748 230990 225362 246808 245073 249319 246596 245358 244651 238379 247709 251243 260097 272879

QUEENSLAND ($m)




Total Queensland construction activity 65147 68963 53639 44512 45276 46220 44390 46425 49274 48964 48619 47126 50427 53351 55260 58257

QUEENSLAND (% OF AUSTRALIAN TOTALS)

Total Residential Building 17.2 17.5 17.9 19.0 19.1 18.2 18.1 18.4 19.6 20.8 21.4 21.6 21.4 21.4 21.2 21.0

Total Non-Residential Building 21.2 21.2 19.0 19.5 18.6 18.0 14.9 14.7 16.2 17.0 16.7 17.6 17.7 18.8 18.1 19.0

Total Engineering Construction 31.4 34.4 27.0 19.5 21.9 19.5 19.5 20.4 21.6 20.3 19.9 19.2 20.4 21.9 22.4 22.5

Total Queensland construction activity 25.7 27.1 22.4 19.3 20.1 18.7 18.1 18.6 20.0 20.0 19.9 19.8 20.4 21.2 21.2 21.3

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

Total Residential Building -9.5 2.1 2.7 8.4 0.4 -5.2 -1.2 2.2 7.2 7.5 3.8 1.0 -0.9 0.0 -1.1 -1.8

Total Non-Residential Building -7.3 -0.2 -12.9 3.1 -5.8 -4.2 -21.7 -1.9 11.7 5.6 -2.6 6.5 1.0 7.4 -4.5 5.9

Total Engineering Construction 3.4 13.4 -27.5 -32.1 14.4 -17.6 0.2 6.0 8.0 -7.7 -2.7 -4.3 8.7 9.0 2.5 1.0

Total Queensland construction activity -0.1 7.2 -22.5 -17.2 5.1 -9.3 -4.0 3.5 8.9 -0.2 -0.5 -0.6 3.9 5.5 0.1 0.6

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 2018 forecasts) (constant prices chain volume measure – 2015-16 $M)

Fiscal years 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

PRIVATE RESIDENTIAL BUILDING

New Work 48185 51518 57878 65205 67560 67863 66215 61727 56052 52772 52220 53822 57818 62745 68959 75390

Alterations and Additions 5294 5294 5294 5294 5294 5294 5294 5294 5294 5294 5294 5294 5294 5294 5294 5294

Other Work Done 21615 23186 24547 26380 27178 25242 26689 26700 26112 26159 26567 26883 27286 28326 29835 31560

Total Private Residential Building 75094 79998 87719 96878 100032 98399 98198 93721 87458 84225 84081 85999 90398 96366 104088 112244

Total Public Residential Building 1006 1096 996 1113 994 1046 1112 1117 1078 1086 1127 1132 1130 1166 1235 1306


NON-RESIDENTIAL BUILDING

Hotels etc. 1169 1112 1844 2087 2540 3281 3784 3388 2896 2937 2860 2686 2478 2323 2517 2620

Shops 5547 6547 6369 7101 6581 6161 6944 7516 6202 5391 5556 5494 5412 5402 5269 5217

Factories 1087 969 918 959 1156 1002 1668 1586 1491 1405 1383 1382 1383 1493 1450 1420

Offices 6073 5754 6173 6063 4841 6489 6926 8511 9286 9293 8954 8161 8028 7479 7806 7638

Other Business Premises 4777 5541 5999 5074 5390 6317 5837 5944 4590 4803 5264 5945 5896 6173 6421 6809

Educational 5503 5667 5246 4928 5618 7000 6311 5178 4920 4928 4785 4816 5379 6034 5613 5840

Religious 211 267 221 202 191 256 386 355 340 283 273 259 257 253 285 287

Health 5294 6257 5979 5694 5152 4639 5176 5952 5936 5503 4520 4205 4413 4595 4440 4324

Entertain. & Recreational 2181 2149 2054 2948 2936 2896 2835 2741 2923 2876 2909 2904 3097 3162 3346 3557

Miscellaneous 3772 3161 2604 2468 2940 3134 2823 2591 2106 1998 2196 2422 2416 2575 2694 2979


Total Building 111714 118518 126122 135514 138369 140618 142002 138600 129225 124729 126849 128508 132309 138336 146474 154579

ENGINEERING CONSTRUCTION

Roads, highways and subdivisions 19559 15785 14725 15253 17509 21006 24407 27007 28320 29485 28134 25181 24395 22369 20743 20658

Bridges, railways and Harbours 16742 13631 9025 5882 6632 9016 15790 19760 23344 27081 25904 23221 19474 17068 16983 19339

Water storage and supply, Sewerage and drainage 7248 5954 4383 4381 4680 5793 6083 6211 6542 7257 6745 6504 7974 8629 9307 9733

Electricity generation, transmission and distribution and pipelines 19034 18131 15340 11405 8936 13335 15010 15701 17173 18105 18761 18863 21156 19988 20537 21317

Telecommunications 6054 7111 7491 8858 11191 11260 12229 12417 11072 8282 7095 6995 10655 11755 12372 12868

Heavy Industry 65945 69206 57673 44877 33122 40235 23716 23807 25006 24728 26129 24084 26620 27834 28272 28830

Recreation and Other 6991 6257 4989 4821 4922 5545 5837 5817 5913 5691 5033 5023 5126 5265 5410 5556


TOTAL CONSTRUCTION 253288 254593 239748 230990 225362 246808 245073 249319 246596 245358 244651 238379 247709 251243 260097 272879


Table 3.2(a) Queensland construction industry activity – value of work done (the National Institute of Economic and Industry Research's June 2018 forecasts) (constant prices chain volume measure – as a % of major segment totals)

Fiscal years 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

SHARE OF TOTAL RESIDENTIAL BUILDING

PRIVATE RESIDENTIAL BUILDING

New Work and Alterations and Additions 71.3 71.7 73.6 74.4 74.4 71.0 67.3 64.9 63.9 64.1 64.4 64.8 65.6 66.8 68.3 69.4

Other Work Done 28.0 27.2 25.5 24.8 24.9 28.0 31.8 34.0 35.0 34.8 34.5 34.0 33.1 31.9 30.5 29.4

Total Private Residential Building 99.3 98.9 99.2 99.2 99.3 99.0 99.1 98.9 98.8 98.9 98.8 98.8 98.8 98.8 98.8 98.8

Total Public Residential Building 0.7 1.1 0.8 0.8 0.7 1.0 0.9 1.1 1.2 1.1 1.2 1.2 1.2 1.2 1.2 1.2


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

Hotels etc. 2.9 2.8 3.7 5.1 6.2 9.7 11.0 10.6 11.6 15.3 15.5 14.6 13.9 11.4 11.3 10.6

Shops 15.3 20.7 24.2 23.9 22.8 20.5 18.7 19.8 19.5 17.2 16.2 15.3 15.3 14.7 15.2 26.8

Factories 3.6 2.5 0.3 2.9 2.6 4.1 3.6 4.7 4.3 3.6 3.2 3.0 3.1 2.9 3.0 7.4

Offices 17.1 12.0 15.9 14.4 11.9 14.6 14.5 14.9 14.8 12.5 12.0 11.3 12.8 12.2 13.7 8.8

Other Business Premises 11.5 13.7 15.3 10.2 16.5 12.0 11.9 10.5 9.2 12.3 13.0 15.1 13.9 13.9 14.3 14.0

Educational 15.1 13.1 15.3 10.9 14.7 12.9 12.8 14.3 15.5 13.6 12.9 12.4 12.7 16.3 14.4 10.6

Religious 0.7 0.3 0.7 0.7 1.1 0.1 0.6 0.6 0.6 0.5 0.5 0.5 0.6 0.6 0.5 0.5

Health 18.2 23.0 15.4 18.6 11.8 10.4 14.2 13.7 13.4 11.0 10.4 12.1 13.0 12.3 11.0 7.4

Entertain. & Recreational 3.8 2.9 2.7 7.7 6.6 6.5 5.8 4.2 3.9 5.1 6.0 6.1 6.2 6.1 6.7 7.5

Miscellaneous 11.9 9.1 6.6 5.4 5.7 9.3 6.8 6.7 7.2 8.7 10.4 9.7 8.5 9.6 10.0 6.4


ENGINEERING CONSTRUCTION: SHARE OF ENGINEERING TOTAL

Roads, highways and subdivisions 12.2 9.8 9.5 15.3 19.7 21.0 21.8 21.4 21.1 19.9 18.5 17.1 14.8 15.8 18.0 30.0

Bridges, railways and Harbours 3.6 2.8 4.2 5.5 6.9 4.8 10.1 18.7 24.3 23.6 21.4 19.8 16.9 15.1 13.4 12.1

Water storage and supply, Sewerage and drainage 5.8 4.3 4.1 5.1 6.4 6.9 8.1 8.2 9.2 11.6 12.0 13.4 12.0 11.7 11.8 7.4

Electricity generation, transmission and distribution and pipelines 10.5 9.0 6.4 7.9 8.2 14.0 13.8 11.0 11.4 12.3 12.8 12.5 15.2 15.9 16.4 7.6

Telecommunications 2.5 2.8 3.7 7.5 11.0 9.9 9.9 8.7 6.9 5.2 4.7 5.1 9.1 9.4 9.7 17.2

Heavy Industry 63.1 69.5 68.9 52.8 42.8 39.4 32.3 28.8 24.5 24.7 26.8 27.6 27.8 28.0 26.5 19.7

Recreation and Other 2.3 1.7 3.3 5.9 5.1 4.0 3.9 3.3 2.7 2.7 3.8 4.5 4.3 4.2 4.3 6.0



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

Fiscal years 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Private

New work and alterations and additions -0.9 8.9 14.7 18.6 3.4 -10.2 -6.2 -6.2 -2.3 2.7 3.4 3.8 5.6 8.5 9.4 8.1

Other work done -20.2 5.4 4.6 14.1 3.6 6.3 12.0 4.2 2.1 1.9 2.0 1.6 1.7 2.7 2.3 2.5

Total private residential building -7.2 7.9 11.9 17.4 3.4 -6.1 -1.1 -2.9 -0.8 2.4 2.9 3.0 4.3 6.6 7.1 6.4

Public

Dwelling construction -46.1 62.1 -12.2 5.5 -2.7 28.0 -6.9 14.3 7.4 -1.7 5.9 7.6 7.1 6.6 6.2 5.8

Non-residential building

Private 3.6 9.4 2.0 2.7 1.2 6.2 -23.0 -0.4 -2.1 6.2 5.6 3.2 -2.3 2.1 1.6 2.9

Public -24.1 -4.3 -38.9 3.0 -29.9 10.6 34.4 4.9 17.8 -9.8 -2.7 9.8 4.3 17.4 -13.4 9.1

Total -7.4 4.9 -10.2 2.8 -5.1 6.8 -14.1 0.9 2.9 1.6 3.5 4.8 -0.6 6.2 -2.8 4.5

Engineering

Private 12.2 7.5 -36.2 -43.0 2.2 13.1 -6.7 8.0 9.1 -3.7 -2.1 -7.3 14.2 5.4 2.4 6.0

Public -2.6 -13.4 -17.4 -10.0 5.5 -15.7 23.2 34.4 25.9 -1.7 -12.6 -21.2 2.1 3.3 3.5 -0.9

Total 10.5 5.3 -34.5 -39.4 2.7 8.3 -2.8 12.3 12.4 -3.3 -4.5 -10.2 12.0 5.0 2.6 4.9

Total construction 4.0 5.9 -22.2 -17.0 1.7 2.1 -4.0 4.6 6.1 -0.6 -0.7 -3.1 7.0 5.8 3.6 5.4


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

Fiscal years 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Private

New work and alterations and additions -0.1 1.3 2.2 4.1 1.1 -3.2 -1.7 -1.7 -0.6 0.6 0.8 0.9 1.5 2.2 2.5 2.2

Other work done -1.5 0.3 0.3 1.1 0.4 0.7 1.3 0.5 0.3 0.2 0.2 0.2 0.2 0.3 0.3 0.3

Total private residential building -1.6 1.6 2.4 5.1 1.4 -2.6 -0.4 -1.2 -0.3 0.8 1.0 1.1 1.7 2.5 2.7 2.5

Public

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

Non-residential building

Private 0.3 0.7 0.2 0.3 0.2 0.8 -3.1 0.0 -0.2 0.6 0.6 0.3 -0.3 0.2 0.2 0.3

Public -1.2 -0.2 -1.3 0.1 -1.0 0.2 0.9 0.2 0.6 -0.4 -0.1 0.3 0.2 0.7 -0.6 0.3

Total -1.0 0.6 -1.2 0.4 -0.8 1.0 -2.3 0.1 0.4 0.2 0.5 0.7 -0.1 0.9 -0.4 0.6

Engineering

Private 6.9 4.6 -22.4 -21.9 0.8 4.6 -2.6 3.0 3.5 -1.5 -0.8 -2.8 5.2 2.1 0.9 2.3

Public -0.2 -1.0 -1.0 -0.6 0.4 -1.1 1.3 2.5 2.5 -0.2 -1.4 -2.1 0.2 0.3 0.3 -0.1

Total 6.7 3.6 -23.5 -22.5 1.1 3.5 -1.3 5.6 6.0 -1.7 -2.2 -4.9 5.4 2.4 1.2 2.2



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

Fiscal years 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Annual percentage rate of change (%)

Total residential building -7.7 8.3 11.7 17.3 3.4 -5.8 -1.1 -2.7 -0.7 2.4 2.9 3.0 4.3 6.6 7.1 6.4

Total non-residential building -7.4 4.9 -10.2 2.8 -5.1 6.8 -14.1 0.9 2.9 1.6 3.5 4.8 -0.6 6.2 -2.8 4.5

Total engineering construction 10.5 5.3 -34.5 -39.4 2.7 8.3 -2.8 12.3 12.4 -3.3 -4.5 -10.2 12.0 5.0 2.6 4.9


Contribution to total construction growth ($ million)

Total residential building -1094 1087 1656 2752 631 -1119 -205 -489 -128 410 517 554 811 1289 1483 1422

Total non-residential building -604 372 -806 199 -376 475 -1046 57 188 106 233 333 -44 447 -217 336

Total engineering construction 4212 2357 -16173 -12079 509 1588 -579 2467 2789 -826 -1096 -2379 2533 1188 644 1239

Total construction 2514 3815 -15323 -9128 765 944 -1830 2035 2849 -310 -345 -1492 3301 2924 1909 2997

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

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Roads, highways and sub-divisions 1.9 2.1 -0.4 -2.7 -0.8 0.5 2.4 4.0 3.2 2.5 1.2 1.0 -1.1 -2.5 -0.7 -1.8 -1.4 -0.1

Bridges, railways and harbours 3.4 3.5 0.9 -2.2 -3.4 -2.8 0.8 2.7 6.4 3.9 3.2 3.2 -1.0 -2.3 -3.4 -2.1 -0.1 2.1

Water storage and supply, sewerage and drainage 0.5 -1.9 -1.0 -0.9 -1.2 0.0 0.3 1.3 0.3 0.1 0.3 0.6 -0.4 -0.2 1.3 0.6 0.6 0.4

Electricity generation, transmission and distribution and pipelines 0.0 1.7 2.7 -0.6 -2.1 -3.5 -2.6 5.1 1.6 0.7 1.3 0.8 0.5 0.1 2.1 -1.0 0.5 0.7

Telecommunications -0.1 1.0 0.6 0.7 0.3 1.2 2.4 0.1 0.9 0.2 -1.2 -2.4 -1.0 -0.1 3.3 1.0 0.5 0.4

Heavy industry 5.5 29.0 3.7 2.3 -8.5 -11.3 -12.3 8.2 -15.6 0.1 1.1 -0.2 1.2 -1.7 2.3 1.1 0.4 0.5

Recreation and other -0.6 0.7 1.6 -0.5 -0.9 -0.1 0.1 0.7 0.3 0.0 0.1 -0.2 -0.5 0.0 0.1 0.1 0.1 0.1

Total engineering construction 10.6 36.1 8.1 -3.9 -16.5 -16.0 -8.9 22.1 -2.9 7.4 6.0 2.8 -2.3 -6.7 5.0 -2.2 0.6 4.1



52 52 52

3.7 The regional dimension

3.7.1 Brisbane

Population and employment

For the 2008-2013 period the average annual growth rate in population for Brisbane was 2.2% per annum compared to a Queensland average annual population growth rate of 2.1%. The average annual change in the population for Brisbane was 45,200 or 50% of the total change in Queensland's population.

For the 2008-2013 period the average annual employment growth for Brisbane was 1.8% per annum compared to a Queensland total employment growth of 1.6%. The total number of net new employment positions created was 18,200 or 52.3% 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 2013-2018 period the average annual growth rate in population for Brisbane was 1.8% per annum compared to a Queensland average annual population growth rate of 1.5%. The average annual change in the population for Brisbane was 40,900 or 55.8% of the total change in Queensland's population.



For the 2018-2023 period the average annual growth rate in population for Brisbane was 1.6% per annum compared to a Queensland average annual population growth rate of 1.5%.The average annual change in the population for Brisbane was 39,700 or 50.1% of the total change in Queensland's population.



For the 2023-2028 period the average annual growth rate in population for Brisbane was 1.6% per annum compared to a Queensland average annual population growth rate of 1.5%. The average annual change in the population for Brisbane was 41,500 or 49.9% of the total change in Queensland's population.



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Construction activity

Over the 2008-2013 period, the average rate of growth for Brisbane total construction was an increase of 0.6% per annum, which translated to an average annual increase in expenditure of $57 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $407 million which explained 718.1% 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 $201 million which explained -354.3% of the total annual change. Other sector contributions were other dwelling construction with a negative contribution of $113 million which explained -199.6% of the total annual change, public engineering with a negative contribution of $63 million which explained -110.7% of the total annual change and public non-residential building with a positive contribution of $49 million which explained 86.5% of the total annual change.

The average change in total construction expenditure over this period was an increase of $57 million. This represents a contribution to total Queensland construction growth of 1.5%, this change in total construction expenditure in Brisbane is in the same direction as that of Queensland.

For the 2013-2018 period, the average rate of growth for Brisbane total construction was an increase of 0.6% per annum, which translated to an average annual increase in expenditure of $99 million.

The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $371 million which explained 373.3% 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 $205 million which explained -206.2% of the total annual change. Other sector contributions were public engineering with a negative contribution of $171 million which explained -172.1% of the total annual change, private non-residential building with a positive contribution of $73 million which explained 73.8% of the total annual change and private engineering with a positive contribution of $49 million which explained 49.5% of the total annual change.

The average change in total construction expenditure over this period was an increase of $99 million. This represents a contribution to total Queensland construction growth of -2.9%, this change in total construction expenditure in Brisbane is in the opposite direction to that of Queensland.

Over the 2018-2023 projection period, the average rate of growth for Brisbane total construction is a decline of 2.3% per annum, which translated to an average annual decrease in expenditure of $473 million.



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The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $517 million which explained 109.3% 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 $130 million which explained -27.4% of the total annual change. Other sector contributions were private engineering with a negative contribution of $123 million which explained 26% of the total annual change, private non-residential building with a negative contribution of $85 million which explained 17.9% of the total annual change and public engineering with a positive contribution of $69 million which explained -14.6% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $473 million. This represents a contribution to total Queensland construction growth of -98.7%, this change in total construction expenditure in Brisbane is in the opposite direction to that of Queensland.

For the 2023-2028 period, the average rate of growth for Brisbane total construction is an increase of 4.3% per annum, which translated to an average annual increase in expenditure of $882 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $461 million which explained 52.2% 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 $365 million which explained 41.4% of the total annual change. Other sector contributions were public engineering with a negative contribution of $90 million which explained -10.2% of the total annual change, other dwelling construction with a positive contribution of $65 million which explained 7.3% of the total annual change and private non-residential building with a positive contribution of $51 million which explained 5.8% of the total annual change.

The average change in total construction expenditure over this period was an increase of $882 million. This represents a contribution to total Queensland construction growth of 57%, this change in total construction expenditure in Brisbane is in the same direction as that of Queensland.

For Brisbane total construction activity declined by 5.7% in 2018 the change was a decrease of $1,227 million.

For Brisbane total construction activity declined by 5.7% in 2019 the change was a decrease of $1,150 million.

For Brisbane total construction activity declined by 2.3% in 2020 the change was a decrease of $432 million.

Capacity utilisation

Over the 2008-2013 period Brisbane had an average annual average shortage of 240.6 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 5,007.3.

Over the 2013-2018 period Brisbane had an average annual average surplus of -1,870.4 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 848.

Over the 2018-2023 period Brisbane is projected to have an average annual average surplus of -2625.5 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



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to other regions. In contrast the average Queensland surplus of construction workers is predicted to be -3,585.2.

Over the 2023-2028 period Brisbane is projected to have an average annual average surplus of -2,904 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 -4,488.1.

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

3.7.2 Gold Coast


For the 2008-2013 period the average annual growth rate in population for Gold Coast was 2.5% per annum compared to a Queensland average annual population growth rate of 2.1%.The average annual change in the population for Gold Coast was 12,600 or 13.9% of the total change in Queensland's population.

For the 2008-2013 period the average annual employment growth for Gold Coast was 2% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was 5,000 or 14.3% 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.



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For the 2013-2018 period the average annual employment growth for Gold Coast was 2.5% per annum compared to a Queensland total employment growth of 1.3%.The total number of net new employment positions created was 7,100 or 23.6% of the total net employment positions in Queensland.









Over the 2008-2013 period, the average rate of growth for Gold Coast total construction was a decline of 3.4% per annum, which translated to an average annual decrease in expenditure of $250 million.

The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $234 million which explained 93.7% 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 $51 million which explained -20.3% of the total annual change. Other sector contributions were other dwelling construction with a negative contribution of $41 million which explained 16.5% of the total annual change, private non-residential building with a negative contribution of $21 million which explained 8.4% of the total annual change and public engineering with a negative contribution of $17 million which explained 6.6% of the total annual change.



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The average change in total construction expenditure over this period was a decrease of $250 million. This represents a contribution to total Queensland construction growth of -6.8%, this change in total construction expenditure in Gold Coast is in the opposite direction to that of Queensland.

For the 2013-2018 period, the average rate of growth for Gold Coast total construction was an increase of 3.9% per annum, which translated to an average annual increase in expenditure of $172 million.

The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $200 million which explained 116.6% 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 $99 million which explained -57.9% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $66 million which explained 38.6% of the total annual change, other dwelling construction with a positive contribution of $59 million which explained 34.3% of the total annual change and public engineering with a negative contribution of $30 million which explained -17.4% of the total annual change.

The average change in total construction expenditure over this period was an increase of $172 million. This represents a contribution to total Queensland construction growth of -5%, this change in total construction expenditure in Gold Coast is in the opposite direction to that of Queensland.

Over the 2018-2023 projection period, the average rate of growth for Gold Coast total construction is a decline of 1.5% per annum, which translated to an average annual decrease in expenditure of $101 million.

The most significant contribution to this change is private non-residential building with a negative contribution in terms of average annual change of $93 million which explained 92.2% 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 $67 million which explained 66.3% of the total annual change. Other sector contributions were public non-residential building with a positive contribution of $35 million which explained -35% of the total annual change, other dwelling construction with a positive contribution of $33 million which explained -32.4% of the total annual change and private engineering with a negative contribution of $5 million which explained 5.1% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $101 million. This represents a contribution to total Queensland construction growth of -21.1%, this change in total construction expenditure in Gold Coast is in the opposite direction to that of Queensland.

For the 2023-2028 period, the average rate of growth for Gold Coast total construction is an increase of 6.5% per annum, which translated to an average annual increase in expenditure of $423 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $180 million which explained 42.5% 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 $177 million which explained 41.9% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $26 million which explained 6.2% of the total annual change, public non-residential building with a positive contribution of $22 million which explained 5.1% of the total annual change and private non-residential building with a positive contribution of $17 million which explained 4.1% of the total annual change.

The average change in total construction expenditure over this period was an increase of $423 million. This represents a contribution to total Queensland construction growth of 27.3%, this change in total construction expenditure in Gold Coast is in the same direction as that of Queensland.



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For Gold Coast total construction activity declined by 0.4% in 2018 the change was a decrease of $22 million.

For Gold Coast total construction activity declined by 12.7% in 2019 the change was a decrease of $802 million.

For Gold Coast total construction activity increased by 0.1% in 2020 the change was an increase of $6 million.


Over the 2008-2013 period Gold Coast had an average annual average shortage of 251.7 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 5,007.3. The degree to which the construction industry in Gold Coast was operating above normal capacity was $251.7 million.

Over the 2013-2018 period Gold Coast had an average annual average surplus of -454.2 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 the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 848. The degree to which the construction industry in Gold Coast was operating below normal capacity was -$454.2 million.

Over the 2018-2023 period Gold Coast is projected to have an average annual average surplus of -784.1 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 -3,585.2. The degree to which the construction industry in Gold Coast will be operating below normal capacity is -$784.1 million.

Over the 2023-2028 period Gold Coast is projected to have an average annual average surplus of -440.8 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 -4,488.1. The degree to which the construction industry in Gold Coast will be operating below normal capacity is -$440.8 million.



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

3.7.3 Sunshine Coast


For the 2008-2013 period the average annual growth rate in population for Sunshine Coast was 2.2% per annum compared to a Queensland average annual population growth rate of 2.1%.The average annual change in the population for Sunshine Coast was 6,900 or 7.7% of the total change in Queensland's population.

For the 2008-2013 period the average annual employment growth for Sunshine Coast was 1.9% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was 2,800 or 8% 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.


For the 2013-2018 period the average annual employment growth for Sunshine Coast was 2.6% per annum compared to a Queensland total employment growth of 1.3%.The total number of net new employment positions created was 4,300 or 14.2% of the total net employment positions in Queensland.




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For the 2018-2023 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 1.5%.The average annual change in the population for Sunshine Coast was 7,600 or 9.5% of the total change in Queensland's population.







Over the 2008-2013 period, the average rate of growth for Sunshine Coast total construction was an increase of 0.5% per annum, which translated to an average annual decrease in expenditure of $15 million.

The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $101 million which explained 682.8% 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 $55 million which explained -375.9% of the total annual change. Other sector contributions were private engineering with a positive contribution of $41 million which explained -276.8% of the total annual change, other dwelling construction with a negative contribution of $27 million which explained 180.7% of the total annual change and public engineering with a positive contribution of $11 million which explained -75.7% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $15 million. This represents a contribution to total Queensland construction growth of -0.4%, this change in total construction expenditure in Sunshine Coast is in the opposite direction to that of Queensland.

For the 2013-2018 period, the average rate of growth for Sunshine Coast total construction was an increase of 3.7% per annum, which translated to an average annual increase in expenditure of $100 million.



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The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $111 million which explained 111.1% 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 $61 million which explained -61.1% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $38 million which explained 38.6% of the total annual change, private non-residential building with a positive contribution of $10 million which explained 9.8% of the total annual change and public engineering with a positive contribution of $2 million which explained 2.4% of the total annual change.

The average change in total construction expenditure over this period was an increase of $100 million. This represents a contribution to total Queensland construction growth of -2.9%, this change in total construction expenditure in Sunshine Coast is in the opposite direction to that of Queensland.

Over the 2018-2023 projection period, the average rate of growth for Sunshine Coast total construction is an increase of 0.2% per annum, which translated to an average annual increase in expenditure of $7 million.

The average change in total construction expenditure over this period was an increase of $7 million. This represents a contribution to total Queensland construction growth of 1.5%, this change in total construction expenditure in Sunshine Coast is in the same direction as that of Queensland.

For the 2023-2028 period, the average rate of growth for Sunshine Coast total construction is an increase of 5% per annum, which translated to an average annual increase in expenditure of $207 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $117 million which explained 56.7% 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 $92 million which explained 44.2% of the total annual change. Other sector contributions were public engineering with a negative contribution of $27 million which explained -12.9% of the total annual change, other dwelling construction with a positive contribution of $16 million which explained 7.8% of the total annual change and private non-residential building with a positive contribution of $7 million which explained 3.5% of the total annual change.

The average change in total construction expenditure over this period was an increase of $207 million. This represents a contribution to total Queensland construction growth of 13.4%, 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 3.9% in 2018 the change was an increase of $140 million.

For Sunshine Coast total construction activity declined by 3% in 2019 the change was a decrease of $112 million.

For Sunshine Coast total construction activity increased by 3.6% in 2020 the change was an increase of $130 million.



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Over the 2008-2013 period Sunshine Coast had an average annual average shortage of 82.4 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 import of labour from other regions. In contrast the average Queensland shortage of construction workers was 5007.3. The degree to which the construction industry in Sunshine Coast was operating above normal capacity was $82.4 million.

Over the 2013-2018 period Sunshine Coast had an average annual average surplus of -561.1 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 848. The degree to which the construction industry in Sunshine Coast was operating below normal capacity was -$561.1 million.

Over the 2018-2023 period Sunshine Coast is projected to have an average annual average surplus of -691.8 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 -3,585.2. The degree to which the construction industry in Sunshine Coast will be operating below normal capacity is -$691.8 million.

Over the 2023-2028 period Sunshine Coast is projected to have an average annual average surplus of -368.3 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 -4,488.1. The degree to which the construction industry in Sunshine Coast will be operating below normal capacity is -$368.3 million.

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



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3.7.4 West Moreton


For the 2008-2013 period the average annual growth rate in population for West Morton was 2.2% per annum compared to a Queensland average annual population growth rate of 2.1%.The average annual change in the population for West Morton was 2,100 or 2.3% of the total change in Queensland's population.

For the 2008-2013 period the average annual employment growth for West Morton was 1.5% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was 600 or 1.8% 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 2013-2018 period the average annual employment growth for West Morton 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 700 or 2.2% of the total net employment positions in Queensland.



For the 2018-2023 period the average annual employment growth for West Morton was 2.8% per annum compared to a Queensland total employment growth of 2.2%.The total number of net new employment positions created was 1,400 or 2.5% of the total net employment positions in Queensland.



For the 2023-2028 period the average annual employment growth for West Morton was 2.2% per annum compared to a Queensland total employment growth of 1.8%.The total number of net new employment positions created was 1,200 or 2.5% of the total net employment positions in Queensland.




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Over the 2008-2013 period, the average rate of growth for West Morton total construction was a decline of 3% per annum, which translated to an average annual decrease in expenditure of $33 million.

The average change in total construction expenditure over this period was a decrease of $33 million. This represents a contribution to total Queensland construction growth of -0.9%, this change in total construction expenditure in West Morton is in the opposite direction to that of Queensland.

For the 2013-2018 period, the average rate of growth for West Morton total construction was a decline of 0.2% per annum, which translated to an average annual decrease in expenditure of $2 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $11 million which explained 449.3% 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 $8 million which explained -335.3% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $5 million which explained -229.4% of the total annual change, public engineering with a negative contribution of $3 million which explained 132.9% of the total annual change and new dwelling construction with a negative contribution of $1 million which explained 41.6% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $2 million. This represents a contribution to total Queensland construction growth of 0.1%, this change in total construction expenditure in West Morton is in the same direction as that of Queensland.

Over the 2018-2023 projection period, the average rate of growth for West Morton total construction is an increase of 0.2% per annum, which translated to an average annual increase in expenditure of $1 million.

The average change in total construction expenditure over this period was an increase of $1 million. This represents a contribution to total Queensland construction growth of 0.2%, this change in total construction expenditure in West Morton is in the same direction as that of Queensland.

For the 2023-2028 period, the average rate of growth for West Morton total construction is an increase of 5.1% per annum, which translated to an average annual increase in expenditure of $34 million.

The average change in total construction expenditure over this period was an increase of $34 million. This represents a contribution to total Queensland construction growth of 2.2%, 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 7.7% in 2018 the change was an increase of $42 million.




Over the 2008-2013 period West Morton had an average annual average shortage of 24.1 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 5,007.3. The



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degree to which the construction industry in West Morton was operating above normal capacity was $24.1 million.

Over the 2013-2018 period West Morton had an average annual average surplus of -41.2 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 848. The degree to which the construction industry in West Morton was operating below normal capacity was -$41.2 million.

Over the 2018-2023 period West Morton is projected to have an average annual average surplus of -39.7 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 -3,585.2. The degree to which the construction industry in West Morton will be operating below normal capacity is -$39.7 million.

Over the 2023-2028 period West Morton is projected to have an average annual average shortage of 22.7 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 import of labour from other regions. In contrast the average Queensland surplus of construction workers is predicted to be -4,488.1. The degree to which the construction industry in West Morton will be operating above normal capacity is $22.7 million.

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



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3.7.5 Wide Bay/Burnett


For the 2008-2013 period the average annual growth rate in population for Wide Bay-Burnett was 1.7% per annum compared to a Queensland average annual population growth rate of 2.1%.The average annual change in the population for Wide Bay-Burnett was 4,500 or 5% of the total change in Queensland's population.

For the 2008-2013 period the average annual employment growth for Wide Bay-Burnett was 1.1% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was 1,200 or 3.4% 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 2013-2018 period the average annual growth rate in population for Wide Bay-Burnett was 0.7% per annum compared to a Queensland average annual population growth rate of 1.5%.The average annual change in the population for Wide Bay-Burnett was 2,200 or 2.9% of the total change in Queensland's population.

For the 2013-2018 period the average annual employment growth for Wide Bay-Burnett was -0.1% 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.

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









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Over the 2008-2013 period, the average rate of growth for Wide Bay/Burnett total construction was a decline of 7.6% per annum, which translated to an average annual decrease in expenditure of $123 million.

The average change in total construction expenditure over this period was a decrease of $123 million. This represents a contribution to total Queensland construction growth of -3.4%, this change in total construction expenditure in Wide Bay/Burnett is in the opposite direction to that of Queensland.

For the 2013-2018 period, the average rate of growth for Wide Bay/Burnett total construction was a decline of 0.8% per annum, which translated to an average annual decrease in expenditure of $10 million.

The average change in total construction expenditure over this period was a decrease of $10 million. This represents a contribution to total Queensland construction growth of 0.3%, this change in total construction expenditure in Wide Bay/Burnett is in the same direction as that of Queensland.

Over the 2018-2023 projection period, the average rate of growth for Wide Bay/Burnett total construction is an increase of 1.7% 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 4%, this change in total construction expenditure in Wide Bay/Burnett is in the same direction as that of Queensland.

For the 2023-2028 period, the average rate of growth for Wide Bay/Burnett total construction is an increase of 3.8% per annum, which translated to an average annual increase in expenditure of $51 million.

The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $28 million which explained 54.3% 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 $17 million which explained 33.3% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $4 million which explained 8.5% of the total annual change, private non-residential building with a positive contribution of $3 million which explained 6.5% of the total annual change and private engineering with a negative contribution of $2 million which explained -4.7% of the total annual change.

The average change in total construction expenditure over this period was an increase of $51 million. This represents a contribution to total Queensland construction growth of 3.3%, 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 4.6% in 2018 the change was a decrease of $56 million.

For Wide Bay/Burnett total construction activity declined by 0.1% in 2019 the change was a decrease of $1 million.

For Wide Bay/Burnett total construction activity increased by 1.2% in 2020 the change was an increase of $14 million.



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Over the 2008-2013 period Wide Bay/Burnett had an average annual average shortage of 84.7 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 5,007.3. The degree to which the construction industry in Wide Bay/Burnett was operating above normal capacity was $84.7 million.

Over the 2013-2018 period Wide Bay/Burnett had an average annual average surplus of -128.2 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 the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 848. The degree to which the construction industry in Wide Bay/Burnett was operating below normal capacity was -$128.2 million.

Over the 2018-2023 period Wide Bay/Burnett is projected to have an average annual average surplus of -110.4 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 construction workers is predicted to be -3,585.2. The degree to which the construction industry in Wide Bay/Burnett will be operating below normal capacity is -$110.4 million.

Over the 2023-2028 period Wide Bay/Burnett is projected to have an average annual average surplus of -20.8 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 -4,488.1. The degree to which the construction industry in Wide Bay/Burnett will be operating below normal capacity is -$20.8 million.

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



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3.7.6 Darling Downs


For the 2008-2013 period the average annual growth rate in population for Darling Downs was 1.3% per annum compared to a Queensland average annual population growth rate of 2.1%.The average annual change in the population for Darling Downs was 3,100 or 3.4% of the total change in Queensland's population.

For the 2008-2013 period the average annual employment growth for Darling Downs was 1.1% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was 1,200 or 3.4% 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.


For the 2013-2018 period the average annual employment growth for Darling Downs was 0.7% per annum compared to a Queensland total employment growth of 1.3%.The total number of net new employment positions created was 800 or 2.6% of the total net employment positions in Queensland.



For the 2018-2023 period the average annual employment growth for Darling Downs was 1.4% per annum compared to a Queensland total employment growth of 2.2%.The total number of net new employment positions created was 1,700 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 strong.


For the 2023-2028 period the average annual employment growth for Darling Downs was 0.9% per annum compared to a Queensland total employment growth of 1.8%.The total number of net new employment positions created was 1,100 or 2.2% of the total net employment positions in Queensland.




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Over the 2008-2013 period, the average rate of growth for Darling Downs total construction was an increase of 4.4% per annum, which translated to an average annual increase in expenditure of $104 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $47 million which explained 45.4% 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 $35 million which explained 33.6% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $13 million which explained 12.5% of the total annual change, other dwelling construction with a negative contribution of $5 million which explained -4.4% of the total annual change.

The average change in total construction expenditure over this period was an increase of $104 million. This represents a contribution to total Queensland construction growth of 2.8%, this change in total construction expenditure in Darling Downs is in the same direction as that of Queensland.

For the 2013-2018 period, the average rate of growth for Darling Downs total construction was a decline of 0.3% per annum, which translated to an average annual decrease in expenditure of $39 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $58 million which explained 146% 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 $14 million which explained 34.5% of the total annual change. Other sector contributions were public non-residential building with a positive contribution of $10 million which explained -25.1% of the total annual change, private non-residential building with a positive contribution of $8 million which explained -20.2% of the total annual change and other dwelling construction with a positive contribution of $7 million which explained -18.7% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $39 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 same direction as that of Queensland.

Over the 2018-2023 projection period, the average rate of growth for Darling Downs total construction is a decline of 3.1% per annum, which translated to an average annual decrease in expenditure of $99 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $130 million which explained 132% 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 $62 million which explained -62.5% of the total annual change. Other sector contributions were private non-residential building with a negative contribution of $32 million which explained 32.5% of the total annual change, other dwelling construction with a positive contribution of $11 million which explained -10.9% of the total annual change and public non-residential building with a negative contribution of $5 million which explained 5.1% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $99 million. This represents a contribution to total Queensland construction growth of -20.6%, this change in total construction expenditure in Darling Downs is in the opposite direction to that of Queensland.



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For the 2023-2028 period, the average rate of growth for Darling Downs total construction is an increase of 5.3% per annum, which translated to an average annual increase in expenditure of $115 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $113 million which explained 98.7% 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 $20 million which explained -17.1% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $19 million which explained 16.8% of the total annual change, other dwelling construction with a positive contribution of $4 million which explained 3.3% of the total annual change and private non-residential building with a negative contribution of $3 million which explained -2.4% of the total annual change.

The average change in total construction expenditure over this period was an increase of $115 million. This represents a contribution to total Queensland construction growth of 7.4%, this change in total construction expenditure in Darling Downs is in the same direction as that of Queensland.

For Darling Downs total construction activity increased by 3% in 2018 the change was an increase of $70 million.

For Darling Downs total construction activity increased by 20.8% in 2019 the change was an increase of $494 million.

For Darling Downs total construction activity increased by 1.4% in 2020 the change was an increase of $40 million.


Over the 2008-2013 period Darling Downs had an average annual average shortage of 134.5 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 5,007.3. The degree to which the construction industry in Darling Downs was operating above normal capacity was $134.5 million.

Over the 2013-2018 period Darling Downs had an average annual average surplus of -1.6 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 848. The degree to which the construction industry in Darling Downs was operating below normal capacity was -$1.6 million.

Over the 2018-2023 period Darling Downs is projected to have an average annual average surplus of -438.8 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 -3,585.2. The degree to which the construction industry in Darling Downs will be operating below normal capacity is -$438.8 million.



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Over the 2023-2028 period Darling Downs is projected to have an average annual average surplus of -589.4 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 -4,488.1. The degree to which the construction industry in Darling Downs will be operating below normal capacity is -$589.4 million.

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

3.7.7 South West


For the 2008-2013 period there was no growth in population for South West. The growth rate for Queensland was 2.1%. 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 2008-2013 period the average annual employment growth for South West was -0.4% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was -100 or -0.2% 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.



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For the 2013-2018 period the average annual growth rate in population for South West was -1.3% per annum compared to a Queensland average annual population growth rate of 1.5%.The average annual change in the population for South West was -300 or -0.5% of the total change in Queensland's population.

For the 2013-2018 period the average annual employment growth for South West was -2% per annum compared to a Queensland total employment growth of 1.3%.The total number of net new employment positions created was -300 or -0.9% 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 2018-2023 period there was no growth in population for South West. The growth rate for Queensland was 1.5%. There was little change in the population of South West.

For the 2018-2023 period the average annual employment growth for South West was 0.7% per annum compared to a Queensland total employment growth of 2.2%.The total number of net new employment positions created was 100 or 0.2% of the total net employment positions in Queensland.


For the 2023-2028 period there was no growth in population for South West. The growth rate for Queensland was 1.5%. There was little change in the population of South West.

For the 2023-2028 period the average annual employment growth for South West was 0.3% per annum compared to a Queensland total employment growth of 1.8%.The total number of net new employment positions created was zero or 0.1% of the total net employment positions in Queensland.



Over the 2008-2013 period, the average rate of growth for South West total construction was an increase of 37.3% per annum, which translated to an average annual increase in expenditure of $155.9 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $148.8 million which explained 95.4% 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 $5.2 million which explained 3.3% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $4 million which explained 2.5% of the total annual change, public engineering with a negative contribution of $3 million which explained -1.9% of the total annual change and public non-residential building with a positive contribution of $1.7 million which explained 1.1% of the total annual change.

The average change in total construction expenditure over this period was an increase of $156 million. This represents a contribution to total Queensland construction growth of 4.3%, this change in total construction expenditure in South West is in the same direction as that of Queensland.

For the 2013-2018 period, the average rate of growth for South West total construction was a decline of 16.5% per annum, which translated to an average annual decrease in expenditure of $153.9 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $147.6 million which explained 95.9% of the total annual change. The next largest contribution to this change is new dwelling construction with a negative contribution



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in terms of average annual change of $5.9 million which explained 3.9% of the total annual change. Other sector contributions were private non-residential building with a negative contribution of $3.5 million which explained 2.3% of the total annual change, public non-residential building with a positive contribution of $3.4 million which explained -2.2% of the total annual change and public engineering with a negative contribution of $1.1 million which explained 0.7% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $154 million. This represents a contribution to total Queensland construction growth of 4.4%, this change in total construction expenditure in South West is in the same direction as that of Queensland.

Over the 2018-2023 projection period, the average rate of growth for South West total construction is an increase of 8.8% per annum, which translated to an average annual decrease in expenditure of $7 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $11.9 million which explained 170.7% 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 $3.4 million which explained -49.1% of the total annual change. Other sector contributions were public non-residential building with a negative contribution of $2.4 million which explained 34.6% of the total annual change, new dwelling construction with a positive contribution of $2 million which explained -28.7% of the total annual change and private non-residential building with a positive contribution of $1 million which explained -14.7% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $7 million. This represents a contribution to total Queensland construction growth of -1.4%, this change in total construction expenditure in South West is in the opposite direction to that of Queensland.

For the 2023-2028 period, the average rate of growth for South West total construction is an increase of 10.5% per annum, which translated to an average annual increase in expenditure of $37.1 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $30.5 million which explained 82.3% 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 $3.9 million which explained 10.5% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $1.5 million which explained 4.1% of the total annual change, private non-residential building with a positive contribution of $1 million which explained 2.8% of the total annual change and other dwelling construction with a positive contribution of $0.4 million which explained 1.2% of the total annual change.

The average change in total construction expenditure over this period was an increase of $37 million. This represents a contribution to total Queensland construction growth of 2.4%, 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 48.4% in 2018 the change was a decrease of $292 million.

For South West total construction activity declined by 0.8% in 2019 the change was a decrease of $3 million.

For South West total construction activity increased by 108.8% in 2020 the change was an increase of $336 million.



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Over the 2008-2013 period South West had an average annual average shortage of 116 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 5,007.3. The degree to which the construction industry in South West was operating above normal capacity was $116 million.

Over the 2013-2018 period South West had an average annual average surplus of -79.4 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 848. The degree to which the construction industry in South West was operating below normal capacity was -$79.4 million.

Over the 2018-2023 period South West is projected to have an average annual average surplus of -226.5 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 -3,585.2. The degree to which the construction industry in South West will be operating below normal capacity is -$226.5 million.

Over the 2023-2028 period South West is projected to have an average annual average surplus of -198.5 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 -4,488.1. The degree to which the construction industry in South West will be operating below normal capacity is -$198.5 million.

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



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3.7.8 Fitzroy


For the 2008-2013 period the average annual growth rate in population for Fitzroy was 1.7% per annum compared to a Queensland average annual population growth rate of 2.1%.The average annual change in the population for Fitzroy was 3,600 or 4% of the total change in Queensland's population.

For the 2008-2013 period the average annual employment growth for Fitzroy was 1.4% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was 1,500 or 4.3% 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 2013-2018 period the average annual growth rate in population for Fitzroy was 0.6% per annum compared to a Queensland average annual population growth rate of 1.5%.The average annual change in the population for Fitzroy was 1,400 or 1.9% of the total change in Queensland's population.

For the 2013-2018 period the average annual employment growth for Fitzroy 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 -4.1% of the total net employment positions in Queensland.

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



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



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



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Over the 2008-2013 period, the average rate of growth for Fitzroy total construction was an increase of 91.1% per annum, which translated to an average annual increase in expenditure of $4,121.7 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $3,952.1 million which explained 95.9% 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 $71.7 million which explained 1.7% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $52.1 million which explained 1.3% of the total annual change, public non-residential building with a positive contribution of $39.5 million which explained 1% of the total annual change and public engineering with a positive contribution of $3.2 million which explained 0.1% of the total annual change.

The average change in total construction expenditure over this period was an increase of $4,122 million. This represents a contribution to total Queensland construction growth of 112.5%, this change in total construction expenditure in Fitzroy is in the same direction as that of Queensland.

For the 2013-2018 period, the average rate of growth for Fitzroy total construction was a decline of 18.8% per annum, which translated to an average annual decrease in expenditure of $3,598.2 million.



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The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $3,429.1 million which explained 95.3% 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 $88.1 million which explained 2.4% of the total annual change. Other sector contributions were private non-residential building with a negative contribution of $61.1 million which explained 1.7% of the total annual change, public engineering with a negative contribution of $19.3 million which explained 0.5% of the total annual change and public non-residential building with a negative contribution of $6.4 million which explained 0.2% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $3,598 million. This represents a contribution to total Queensland construction growth of 104%, this change in total construction expenditure in Fitzroy is in the same direction as that of Queensland.

Over the 2018-2023 projection period, the average rate of growth for Fitzroy total construction is an increase of 7.7% per annum, which translated to an average annual increase in expenditure of $289.7 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $145.1 million which explained 50.1% 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 $73.3 million which explained 25.3% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $48.7 million which explained 16.8% of the total annual change, private non-residential building with a positive contribution of $21.9 million which explained 7.5% of the total annual change and other dwelling construction with a positive contribution of $0.9 million which explained 0.3% of the total annual change.

The average change in total construction expenditure over this period was an increase of $290 million. This represents a contribution to total Queensland construction growth of 60.4%, this change in total construction expenditure in Fitzroy is in the same direction as that of Queensland.

For the 2023-2028 period, the average rate of growth for Fitzroy total construction is an increase of 2.4% per annum, which translated to an average annual increase in expenditure of $96.4 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $98.4 million which explained 102.1% 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 $50.1 million which explained -52% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $33.4 million which explained 34.6% of the total annual change, private non-residential building with a positive contribution of $10.1 million which explained 10.5% of the total annual change and other dwelling construction with a positive contribution of $5.4 million which explained 5.6% of the total annual change.

The average change in total construction expenditure over this period was an increase of $96 million. This represents a contribution to total Queensland construction growth of 6.2%, this change in total construction expenditure in Fitzroy is in the same direction as that of Queensland.

For Fitzroy total construction activity declined by 0.5% in 2018 the change was a decrease of $16 million.

For Fitzroy total construction activity increased by 6.1% in 2019 the change was an increase of $196 million.

For Fitzroy total construction activity increased by 7.1% in 2020 the change was an increase of $242 million.



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Over the 2008-2013 period Fitzroy had an average annual average shortage of 3950.2 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 5,007.3. The degree to which the construction industry in Fitzroy was operating above normal capacity was $3,950.2 million.

Over the 2013-2018 period Fitzroy had an average annual average shortage of 5,111.2 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 848. The degree to which the construction industry in Fitzroy was operating above normal capacity was $5,111.2 million.

Over the 2018-2023 period Fitzroy is projected to have an average annual average shortage of 77.2 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 import of labour from other regions. . In contrast the average Queensland surplus of construction workers is predicted to be -3,585.2. The degree to which the construction industry in Fitzroy will be operating above normal capacity is $77.2 million.

Over the 2023-2028 period Fitzroy is projected to have an average annual average surplus of -84.4 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 -4,488.1. The degree to which the construction industry in Fitzroy will be operating below normal capacity is -$84.4 million.

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



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3.7.9 Central West


For the 2008-2013 period there was no growth in population for Central West. The growth rate for Queensland was 2.1%. There was little change in the population of Central West.

For the 2008-2013 period the average annual employment growth for Central West was -0.5% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was zero or -0.1% 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 2013-2018 period the average annual growth rate in population for Central West was -2.5% per annum compared to a Queensland average annual population growth rate of 1.5%.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 2013-2018 period the average annual employment growth for Central West was -3% 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 Central West would have declined. The decline in the effective unemployment rate would have been moderate.


For the 2018-2023 period the average annual employment growth for Central West was -0.1% per annum compared to a Queensland total employment growth of 2.2%.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 declined. The decline in the effective unemployment rate would have been moderate.


For the 2023-2028 period the average annual employment growth for Central West was -0.7% per annum compared to a Queensland total employment growth of 1.8%.The total number of net new employment positions created was zero or -0.1% 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.



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Over the 2008-2013 period, the average rate of growth for Central West total construction was an increase of 10.6% per annum, which translated to an average annual increase in expenditure of $25 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $27 million which explained 109.1% 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 -17.2% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $1 million which explained 4.6% of the total annual change, new dwelling construction with a positive contribution of $0 million which explained 0.9% of the total annual change.

The average change in total construction expenditure over this period was an increase of $25 million. This represents a contribution to total Queensland construction growth of 0.7%, this change in total construction expenditure in Central West is in the same direction as that of Queensland.

For the 2013-2018 period, the average rate of growth for Central West total construction was a decline of 1.1% per annum, which translated to an average annual decrease in expenditure of $21 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 97.3% 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 $2 million which explained 7.9% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $1 million which explained -3.6% of the total annual change, other dwelling construction with a positive contribution of $0 million which explained -0.2% of the total annual change and .

The average change in total construction expenditure over this period was a decrease of $21 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.

Over the 2018-2023 projection period, the average rate of growth for Central West total construction is an increase of 118.9% per annum, which translated to an average annual increase in expenditure of $87 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $83 million which explained 94.8% 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 $4 million which explained 4.7% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $1 million which explained 1.2% of the total annual change, new dwelling construction with a positive contribution of $0 million which explained 0.1% of the total annual change.

The average change in total construction expenditure over this period was an increase of $87 million. This represents a contribution to total Queensland construction growth of 18.2%, this change in total construction expenditure in Central West is in the same direction as that of Queensland.

For the 2023-2028 period, the average rate of growth for Central West total construction is an increase of 10.9% per annum, which translated to an average annual decrease in expenditure of $93 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $93 million which explained 99.2% 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 $1 million which explained 1% of the total annual change. Other sector



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contributions were 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 a decrease of $93 million. This represents a contribution to total Queensland construction growth of -6%, 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 5.1% in 2018 the change was a decrease of $8 million.

For Central West total construction activity declined by 2.5% in 2019 the change was a decrease of $4 million.

For Central West total construction activity increased by 624% in 2020 the change was an increase of $923 million.


Over the 2008-2013 period Central West had an average annual average surplus of -0.1 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 5,007.3. The degree to which the construction industry in Central West was operating below normal capacity was -$0.1 million.

Over the 2013-2018 period Central West had an average annual average surplus of -11.4 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 848. The degree to which the construction industry in Central West was operating below normal capacity was -$11.4 million.

Over the 2018-2023 period Central West is projected to have an average annual average shortage of 1,456.7 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 -3,585.2. The degree to which the construction industry in Central West will be operating above normal capacity is $1,456.7 million.

Over the 2023-2028 period Central West is projected to have an average annual average shortage of 454.5 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 -4,488.1. The degree to which the construction industry in Central West will be operating above normal capacity is $454.5 million.



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

3.7.10 Mackay


For the 2008-2013 period the average annual growth rate in population for Mackay was 1.9% per annum compared to a Queensland average annual population growth rate of 2.1%.The average annual change in the population for Mackay was 3,200 or 3.5% of the total change in Queensland's population.

For the 2008-2013 period the average annual employment growth for Mackay was 2.2% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was 2,000 or 5.6% 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 2013-2018 period there was no growth in population for Mackay. The growth rate for Queensland was 1.5%. There was little change in the population of Mackay.

For the 2013-2018 period the average annual employment growth for Mackay was -0.8% per annum compared to a Queensland total employment growth of 1.3%.The total number of net new employment positions created was -800 or -2.6% 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 strong.




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For the 2018-2023 period the average annual employment growth for Mackay was 1.9% per annum compared to a Queensland total employment growth of 2.2%.The total number of net new employment positions created was 1,700 or 3% 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 strong.


For the 2023-2028 period the average annual employment growth for Mackay was 1.5% per annum compared to a Queensland total employment growth of 1.8%.The total number of net new employment positions created was 1,400 or 2.9% 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.


Over the 2008-2013 period, the average rate of growth for Mackay total construction was an increase of 5.2% per annum, which translated to an average annual increase in expenditure of $119 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $87 million which explained 73.5% 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 $32 million which explained 26.7% of the total annual change. Other sector contributions were public engineering with a negative contribution of $27 million which explained -22.5% of the total annual change, public non-residential building with a positive contribution of $17 million which explained 14.2% of the total annual change and private non-residential building with a positive contribution of $12 million which explained 9.8% of the total annual change.

The average change in total construction expenditure over this period was an increase of $119 million. This represents a contribution to total Queensland construction growth of 3.2%, this change in total construction expenditure in Mackay is in the same direction as that of Queensland.

For the 2013-2018 period, the average rate of growth for Mackay total construction was an increase of 0.3% per annum, which translated to an average annual decrease in expenditure of $129 million.

The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $73 million which explained 56.4% 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 $38 million which explained 29.2% of the total annual change. Other sector contributions were private engineering with a negative contribution of $22 million which explained 17.2% of the total annual change, other dwelling construction with a positive contribution of $12 million which explained -9.3% of the total annual change and public non-residential building with a negative contribution of $7 million which explained 5.5% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $129 million. This represents a contribution to total Queensland construction growth of 3.7%, this change in total construction expenditure in Mackay is in the same direction as that of Queensland.



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Over the 2018-2023 projection period, the average rate of growth for Mackay total construction is an increase of 17.2% per annum, which translated to an average annual increase in expenditure of $264 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $119 million which explained 45% 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 $83 million which explained 31.3% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $40 million which explained 15% of the total annual change, private non-residential building with a positive contribution of $17 million which explained 6.5% of the total annual change and public non-residential building with a positive contribution of $6 million which explained 2.4% of the total annual change.

The average change in total construction expenditure over this period was an increase of $264 million. This represents a contribution to total Queensland construction growth of 55.1%, this change in total construction expenditure in Mackay is in the same direction as that of Queensland.

For the 2023-2028 period, the average rate of growth for Mackay total construction is a decline of 7% per annum, which translated to an average annual decrease in expenditure of $361 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $347 million which explained 96.1% 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 $61 million which explained 16.9% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $32 million which explained -8.9% of the total annual change, private non-residential building with a positive contribution of $7 million which explained -2% of the total annual change and other dwelling construction with a positive contribution of $4 million which explained -1.2% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $361 million. This represents a contribution to total Queensland construction growth of -23.3%, this change in total construction expenditure in Mackay is in the opposite direction to that of Queensland.

For Mackay total construction activity increased by 57% in 2018 the change was an increase of $1,333 million.

For Mackay total construction activity declined by 42% in 2019 the change was a decrease of $1,542 million.

For Mackay total construction activity declined by 14.9% in 2020 the change was a decrease of $318 million.


Over the 2008-2013 period Mackay had an average annual average surplus of -14.6 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 5,007.3. The degree to which the construction industry in Mackay was operating below normal capacity was -$14.6 million.

Over the 2013-2018 period Mackay had an average annual average surplus of -457.6 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



86 86 86

to other regions. In contrast the average Queensland shortage of construction workers was 848. The degree to which the construction industry in Mackay was operating below normal capacity was -$457.6 million.

Over the 2018-2023 period Mackay is projected to have an average annual average surplus of -644.4 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 -3,585.2. The degree to which the construction industry in Mackay will be operating below normal capacity is -$644.4 million.

Over the 2023-2028 period Mackay is projected to have an average annual average surplus of -832.2 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 -4,488.1. The degree to which the construction industry in Mackay will be operating below normal capacity is -$832.2 million.

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

3.7.11 Northern


For the 2008-2013 period the average annual growth rate in population for Northern was 1.9% per annum compared to a Queensland average annual population growth rate of 2.1%.The average annual change in the population for Northern was 4,100 or 4.5% of the total change in Queensland's population.



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For the 2008-2013 period the average annual employment growth for Northern was 1.4% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was 1,500 or 4.3% 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 2013-2018 period the average annual employment growth for Northern was 0.3% per annum compared to a Queensland total employment growth of 1.3%.The total number of net new employment positions created was 300 or 1% 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 strong.





Over the 2008-2013 period, the average rate of growth for Northern total construction was a decline of 4% per annum, which translated to an average annual decrease in expenditure of $120 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $98 million which explained 81.6% 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 $47 million which explained 39% of the total annual change. Other sector contributions were public non-residential building with a positive contribution of $30 million



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which explained -25.2% of the total annual change, private non-residential building with a negative contribution of $6 million which explained 4.8% of the total annual change and other dwelling construction with a negative contribution of $4 million which explained 3.3% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $120 million. This represents a contribution to total Queensland construction growth of -3.3%, this change in total construction expenditure in Northern is in the opposite direction to that of Queensland.

For the 2013-2018 period, the average rate of growth for Northern total construction was an increase of 0.6% per annum, which translated to an average annual decrease in expenditure of $5 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $39 million which explained -795.7% 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 $32 million which explained 640.1% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $18 million which explained -364.5% of the total annual change, public non-residential building with a negative contribution of $17 million which explained 352.4% of the total annual change and private non-residential building with a negative contribution of $8 million which explained 166.4% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $5 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 2018-2023 projection period, the average rate of growth for Northern total construction is an increase of 2.5% 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 negative contribution in terms of average annual change of $72 million which explained -132.7% 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 $51 million which explained 94.4% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $46 million which explained 84.6% of the total annual change, private non-residential building with a positive contribution of $19 million which explained 35.5% of the total annual change and other dwelling construction with a positive contribution of $9 million which explained 16.1% of the total annual change.

The average change in total construction expenditure over this period was an increase of $54 million. This represents a contribution to total Queensland construction growth of 11.3%, this change in total construction expenditure in Northern is in the same direction as that of Queensland.

For the 2023-2028 period, the average rate of growth for Northern total construction is an increase of 2.4% per annum, which translated to an average annual increase in expenditure of $54 million.

The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $36 million which explained 66.1% 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 $23 million which explained -42.2% of the total annual change. Other sector contributions were private engineering with a positive contribution of $20 million which explained 37.7% of the total annual change, private non-residential building with a positive contribution of $9 million which explained 16% of the total annual change and other dwelling construction with a positive contribution of $8 million which explained 15.1% of the total annual change.



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The average change in total construction expenditure over this period was an increase of $54 million. This represents a contribution to total Queensland construction growth of 3.5%, this change in total construction expenditure in Northern is in the same direction as that of Queensland.

For Northern total construction activity increased by 23.5% in 2018 the change was an increase of $407 million.

For Northern total construction activity increased by 11.9% in 2019 the change was an increase of $254 million.

For Northern total construction activity declined by 1.7% in 2020 the change was a decrease of $41 million.


Over the 2008-2013 period Northern had an average annual average surplus of -1.9 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 5,007.3. The degree to which the construction industry in Northern was operating below normal capacity was -$1.9 million.

Over the 2013-2018 period Northern had an average annual average surplus of -563.9 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 848. The degree to which the construction industry in Northern was operating below normal capacity was -$563.9 million.

Over the 2018-2023 period Northern is projected to have an average annual average surplus of -595.3 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 -3,585.2. The degree to which the construction industry in Northern will be operating below normal capacity is -$595.3 million.



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Over the 2023-2028 period Northern is projected to have an average annual average surplus of -667.2 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 -4,488.1. The degree to which the construction industry in Northern will be operating below normal capacity is -$667.2 million.

Figure 3.32: Queensland regional construction value of work done – Northern (CVM $m)

3.7.12 Far North


For the 2008-2013 period the average annual growth rate in population for Far North was 1.9% per annum compared to a Queensland average annual population growth rate of 2.1%.The average annual change in the population for Far North was 4,800 or 5.3% of the total change in Queensland's population.

For the 2008-2013 period the average annual employment growth for Far North was 0.8% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was 900 or 2.7% 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 2013-2018 period the average annual growth rate in population for Far North was 1.1% per annum compared to a Queensland average annual population growth rate of 1.5%.The average annual



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change in the population for Far North was 3,100 or 4.3% of the total change in Queensland's population.

For the 2013-2018 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 1,200 or 4% of the total net employment positions in Queensland.



For the 2018-2023 period the average annual employment growth for Far North was 1.8% per annum compared to a Queensland total employment growth of 2.2%.The total number of net new employment positions created was 2,400 or 4.3% of the total net employment positions in Queensland.



For the 2023-2028 period the average annual employment growth for Far North was 1.3% per annum compared to a Queensland total employment growth of 1.8%.The total number of net new employment positions created was 1,900 or 3.8% of the total net employment positions in Queensland.



Over the 2008-2013 period, the average rate of growth for Far North total construction was a decline of 5.9% per annum, which translated to an average annual decrease in expenditure of $135 million.

The most significant contribution to this change is new dwelling construction with a negative contribution in terms of average annual change of $103 million which explained 76.6% 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 $22 million which explained 16.1% of the total annual change. Other sector contributions were other dwelling construction with a negative contribution of $13 million which explained 9.4% of the total annual change, public non-residential building with a positive contribution of $1 million which explained -0.5% of the total annual change and .



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The average change in total construction expenditure over this period was a decrease of $135 million. This represents a contribution to total Queensland construction growth of -3.7%, this change in total construction expenditure in Far North is in the opposite direction to that of Queensland.

For the 2013-2018 period, the average rate of growth for Far North total construction was an increase of 9.3% per annum, which translated to an average annual increase in expenditure of $167 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $140 million which explained 84.1% 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 $29 million which explained 17.2% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $24 million which explained 14.7% of the total annual change, public non-residential building with a negative contribution of $20 million which explained -11.9% of the total annual change and public engineering with a negative contribution of $17 million which explained -10.1% of the total annual change.

The average change in total construction expenditure over this period was an increase of $167 million. This represents a contribution to total Queensland construction growth of -4.8%, this change in total construction expenditure in Far North is in the opposite direction to that of Queensland.

Over the 2018-2023 projection period, the average rate of growth for Far North total construction is an increase of 7.8% per annum, which translated to an average annual increase in expenditure of $131 million.

The most significant contribution to this change is new dwelling construction with a positive contribution in terms of average annual change of $73 million which explained 56.3% 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 $29 million which explained 21.9% of the total annual change. Other sector contributions were private non-residential building with a positive contribution of $24 million which explained 18.7% of the total annual change, private engineering with a negative contribution of $17 million which explained -13.1% of the total annual change and other dwelling construction with a positive contribution of $14 million which explained 11.1% of the total annual change.

The average change in total construction expenditure over this period was an increase of $131 million. This represents a contribution to total Queensland construction growth of 27.2%, this change in total construction expenditure in Far North is in the same direction as that of Queensland.

For the 2023-2028 period, the average rate of growth for Far North total construction is an increase of 6.6% per annum, which translated to an average annual increase in expenditure of $205 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $135 million which explained 65.9% 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 $60 million which explained 29% of the total annual change. Other sector contributions were other dwelling construction with a positive contribution of $16 million which explained 7.8% of the total annual change, public engineering with a negative contribution of $15 million which explained -7.5% of the total annual change and private non-residential building with a positive contribution of $8 million which explained 3.9% of the total annual change.



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The average change in total construction expenditure over this period was an increase of $205 million. This represents a contribution to total Queensland construction growth of 13.3%, 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 42.7% in 2018 the change was an increase of $644 million.




Over the 2008-2013 period Far North had an average annual average shortage of 90.5 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 regions. In contrast the average Queensland shortage of construction workers was 5,007.3. The degree to which the construction industry in Far North was operating above normal capacity was $90.5 million.

Over the 2013-2018 period Far North had an average annual average surplus of -6 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 848. The degree to which the construction industry in Far North was operating below normal capacity was -$6 million.

Over the 2018-2023 period Far North is projected to have an average annual average shortage of 1,043.7 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 -3,585.2. The degree to which the construction industry in Far North will be operating above normal capacity is $1,043.7 million.

Over the 2023-2028 period Far North is projected to have an average annual average shortage of 1230.6 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 -4,488.1. The degree to which the construction industry in Far North will be operating above normal capacity is $1,230.6 million.



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Figure 3.33: Queensland regional construction value of work done – Far North (CVM $m)

3.7.13 North West


For the 2008-2013 period the average annual growth rate in population for North West was 0.8% per annum compared to a Queensland average annual population growth rate of 2.1%.The average annual change in the population for North West was 300 or 0.3% of the total change in Queensland's population.

For the 2008-2013 period the average annual employment growth for North West was 0.2% per annum compared to a Queensland total employment growth of 1.6%.The total number of net new employment positions created was zero or 0.1% 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 2013-2018 period the average annual growth rate in population for North West was -2% per annum compared to a Queensland average annual population growth rate of 1.5%.The average annual change in the population for North West was -700 or -0.9% of the total change in Queensland's population.

For the 2013-2018 period the average annual employment growth for North West was -2.8% per annum compared to a Queensland total employment growth of 1.3%.The total number of net new employment positions created was -500 or -1.6% of the total net employment positions in Queensland.




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For the 2018-2023 period there was no growth in population for North West. The growth rate for Queensland was 1.5%. The average annual change in the population for North West was 100 or 0.1% of the total change in Queensland's population.

For the 2018-2023 period the average annual employment growth for North West was 1% per annum compared to a Queensland total employment growth of 2.2%.The total number of net new employment positions created was 200 or 0.3% 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 2023-2028 period there was no growth in population for North West. The growth rate for Queensland was 1.5%. The average annual change in the population for North West was 100 or 0.1% of the total change in Queensland's population.

For the 2023-2028 period the average annual employment growth for North West was 0.4% per annum compared to a Queensland total employment growth of 1.8%.The total number of net new employment positions created was 100 or 0.1% of the total net employment positions in Queensland.



Over the 2008-2013 period, the average rate of growth for North West total construction was a decline of 2.3% per annum, which translated to an average annual decrease in expenditure of $13 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $20 million which explained 151.4% 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 $7 million which explained -53.4% of the total annual change. Other sector contributions were public non-residential building with a positive contribution of $4 million which explained -29.2% of the total annual change, new dwelling construction with a positive contribution of $0 million which explained -0.8% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $13 million. This represents a contribution to total Queensland construction growth of -0.4%, this change in total construction expenditure in North West is in the opposite direction to that of Queensland.

For the 2013-2018 period, the average rate of growth for North West total construction was a decline of 5.3% per annum, which translated to an average annual decrease in expenditure of $22 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $13 million which explained 58.1% 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 16.5% of the total annual change. Other sector contributions were private non-residential building with a negative contribution of $3 million which explained 11.9% of the total annual change, new dwelling construction with a negative contribution of $1 million which explained 4.8% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $22 million. This represents a contribution to total Queensland construction growth of 0.6%, this change in total construction expenditure in North West is in the same direction as that of Queensland.



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Over the 2018-2023 projection period, the average rate of growth for North West total construction is an increase of 46.5% per annum, which translated to an average annual increase in expenditure of $156 million.

The most significant contribution to this change is private engineering with a positive contribution in terms of average annual change of $141 million which explained 90.4% 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 $7 million which explained 4.5% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $3 million which explained 2.1% of the total annual change, other dwelling construction with a positive contribution of $1 million which explained 0.6% of the total annual change.

The average change in total construction expenditure over this period was an increase of $156 million. This represents a contribution to total Queensland construction growth of 32.5%, this change in total construction expenditure in North West is in the same direction as that of Queensland.

For the 2023-2028 period, the average rate of growth for North West total construction is a decline of 7.7% per annum, which translated to an average annual decrease in expenditure of $102 million.

The most significant contribution to this change is private engineering with a negative contribution in terms of average annual change of $102 million which explained 99.5% 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 $4 million which explained 4% of the total annual change. Other sector contributions were new dwelling construction with a positive contribution of $1 million which explained -1.2% of the total annual change.

The average change in total construction expenditure over this period was a decrease of $102 million. This represents a contribution to total Queensland construction growth of -6.6%, 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 24.3% in 2018 the change was a decrease of $68 million.

For North West total construction activity increased by 7.5% in 2019 the change was an increase of $16 million.

For North West total construction activity increased by 150.6% in 2020 the change was an increase of $345 million.


Over the 2008-2013 period North West had an average annual average shortage of 49.1 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 5,007.3. The degree to which the construction industry in North West was operating above normal capacity was $49.1 million.

Over the 2013-2018 period North West had an average annual average surplus of -88.1 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 the export of labour services to other regions. In contrast the average Queensland shortage of construction workers was 848. The degree to which the construction industry in North West was operating below normal capacity was -$88.1 million.



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Over the 2018-2023 period North West is projected to have an average annual average surplus of -6.3 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 -3,585.2. The degree to which the construction industry in North West will be operating below normal capacity is -$6.3 million.

Over the 2023-2028 period North West is projected to have an average annual average surplus of -90.3 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 -4,488.1. The degree to which the construction industry in North West will be operating below normal capacity is -$90.3 million.

Figure 3.34: Queensland regional construction value of work done – North West (CVM $m)


Table 3.5 Formation of construction in Brisbane (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction -88.3 -528.9 509.7 1758.5 1724.8 134.3 -1375.1 -805.2 -803.1 -270.1 46.7 102.0 150.5 283.1 482.7 600.0 574.0

Other dwelling -15.0 -673.3 5.5 117.0 268.3 89.8 83.3 399.0 123.5 61.7 53.4 57.3 47.0 50.9 81.1 71.9 79.3

Private non-residential building 227.1 -76.2 -162.2 54.6 477.0 64.6 81.7 -767.3 -17.9 -61.9 134.2 122.9 72.4 -72.6 50.5 45.9 88.8

Public non-residential building 65.6 -514.8 -340.6 -155.8 -50.0 -239.1 72.3 173.0 55.5 137.5 -94.6 -27.0 72.3 28.5 150.1 -132.1 89.1

Private engineering -2201.7 988.2 961.7 168.0 -2087.9 300.0 -35.0 -295.7 -96.5 268.0 -587.0 8.2 275.7 1725.1 740.8 -199.2 214.8

Public engineering 46.0 -245.5 -309.6 -325.1 -170.2 80.1 -54.5 146.5 306.8 216.9 -38.1 -162.2 -303.4 -67.6 27.7 10.9 -46.0

Total construction -1966.2 -1050.4 664.3 1617.3 162.0 429.7 -1227.3 -1149.6 -431.7 352.1 -485.3 101.3 314.5 1947.4 1532.8 397.5 1000.0

Percentage point contribution to growth:


Other dwelling -0.1 -3.4 0.0 0.6 1.3 0.4 0.4 2.0 0.6 0.3 0.3 0.3 0.3 0.3 0.4 0.3 0.3

Private non-residential building 1.1 -0.4 -0.9 0.3 2.3 0.3 0.4 -3.8 -0.1 -0.3 0.7 0.7 0.4 -0.4 0.2 0.2 0.4

Public non-residential building 0.3 -2.6 -1.8 -0.8 -0.2 -1.1 0.3 0.9 0.3 0.7 -0.5 -0.1 0.4 0.2 0.7 -0.6 0.4

Private engineering -10.2 5.0 5.2 0.9 -10.0 1.4 -0.2 -1.5 -0.5 1.4 -3.1 0.0 1.5 9.1 3.5 -0.9 0.9

Public engineering 0.2 -1.2 -1.7 -1.7 -0.8 0.4 -0.3 0.7 1.6 1.2 -0.2 -0.9 -1.6 -0.4 0.1 0.0 -0.2

Total construction -9.1 -5.3 3.6 8.4 0.8 2.0 -5.7 -5.7 -2.3 1.9 -2.6 0.5 1.7 10.3 7.3 1.8 4.4

Table 3.6 Formation of construction in Gold Coast (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:


Other dwelling -84.2 -45.6 72.7 23.0 84.6 38.4 76.9 58.3 40.5 22.5 21.0 22.1 19.2 21.3 32.7 30.0 33.2

Private non-residential building -105.0 24.6 142.9 345.7 117.8 21.8 170.2 -400.7 -75.1 -51.9 25.0 35.6 24.6 -13.7 19.8 14.1 23.6

Public non-residential building -636.7 -305.3 -7.1 -111.0 57.1 -68.0 -48.9 31.7 60.9 77.2 4.1 3.2 34.4 26.3 68.2 -41.1 39.7

Private engineering -709.0 250.0 275.8 3.7 -717.6 -36.6 -74.0 -48.3 54.8 42.8 -154.2 79.1 199.5 524.7 248.2 -45.9 73.0

Public engineering 63.6 6.8 -45.4 -87.9 -8.9 50.0 -53.6 -34.1 -17.0 37.4 -1.3 -4.4 3.6 1.4 27.3 -6.6 -17.7

Total construction -1806.2 -197.6 583.2 494.3 241.1 536.8 -22.3 -801.6 5.9 75.9 -30.3 243.3 389.2 702.0 609.6 206.5 389.5



Other dwelling -1.3 -1.0 1.6 0.5 1.5 0.7 1.2 0.9 0.7 0.4 0.4 0.4 0.3 0.3 0.5 0.4 0.4

Private non-residential building -1.6 0.5 3.2 6.8 2.1 0.4 2.7 -6.4 -1.4 -0.9 0.4 0.6 0.4 -0.2 0.3 0.2 0.3

Public non-residential building -9.8 -6.5 -0.2 -2.2 1.0 -1.2 -0.8 0.5 1.1 1.4 0.1 0.1 0.6 0.4 1.0 -0.5 0.5

Private engineering -11.0 5.4 6.2 0.1 -12.9 -0.6 -1.2 -0.8 1.0 0.8 -2.8 1.4 3.4 8.5 3.6 -0.6 0.9

Public engineering 1.0 0.1 -1.0 -1.7 -0.2 0.9 -0.8 -0.5 -0.3 0.7 0.0 -0.1 0.1 0.0 0.4 -0.1 -0.2

Total construction -27.9 -4.2 13.1 9.8 4.3 9.3 -0.4 -12.7 0.1 1.4 -0.5 4.4 6.7 11.4 8.9 2.8 5.1


Table 3.7 Formation of construction in Sunshine Coast (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction -177.5 -87.7 65.3 274.0 192.0 130.9 66.4 -65.0 -66.3 -33.9 24.1 39.5 47.9 74.8 119.7 140.7 127.4

Other dwelling -54.4 -25.7 50.2 13.9 57.8 14.1 23.8 70.9 27.0 15.2 13.8 14.3 12.0 13.0 20.0 18.0 19.7

Private non-residential building 36.0 91.8 362.8 37.2 -390.7 39.6 171.0 -161.3 -29.0 -20.6 13.8 17.3 11.0 -7.8 8.1 5.2 9.5

Public non-residential building -66.8 -13.3 14.1 -19.3 85.8 -36.1 -67.5 18.1 12.5 12.7 -9.5 -2.9 7.1 3.2 13.5 -16.7 4.5

Private engineering -471.4 161.3 180.8 14.0 -457.2 10.7 -43.9 -69.2 34.3 19.4 -130.4 43.8 150.2 341.1 156.8 -31.8 44.9

Public engineering -0.3 3.5 37.5 -31.6 -55.4 -20.2 -10.1 94.1 151.2 101.1 -38.4 -61.5 -88.6 -28.1 6.0 13.3 -1.3

Total construction -734.3 129.9 710.7 288.3 -567.7 139.0 139.7 -112.5 129.7 93.9 -126.6 50.4 139.5 396.2 324.1 128.7 204.7


Private dwelling new construction -4.9 -3.1 2.2 7.4 4.8 3.8 1.9 -1.8 -1.9 -0.9 0.6 1.1 1.3 1.9 2.8 3.1 2.7

Other dwelling -1.5 -0.9 1.7 0.4 1.5 0.4 0.7 1.9 0.8 0.4 0.4 0.4 0.3 0.3 0.5 0.4 0.4

Private non-residential building 1.0 3.2 12.2 1.0 -9.8 1.2 4.8 -4.4 -0.8 -0.6 0.4 0.5 0.3 -0.2 0.2 0.1 0.2

Public non-residential building -1.9 -0.5 0.5 -0.5 2.2 -1.1 -1.9 0.5 0.3 0.3 -0.2 -0.1 0.2 0.1 0.3 -0.4 0.1

Private engineering -13.1 5.6 6.1 0.4 -11.5 0.3 -1.2 -1.9 1.0 0.5 -3.4 1.2 4.0 8.8 3.7 -0.7 1.0

Public engineering 0.0 0.1 1.3 -0.9 -1.4 -0.6 -0.3 2.5 4.2 2.7 -1.0 -1.7 -2.4 -0.7 0.1 0.3 0.0

Total construction -20.5 4.5 23.8 7.8 -14.2 4.1 3.9 -3.0 3.6 2.5 -3.3 1.4 3.7 10.2 7.6 2.8 4.3

Table 3.8 Formation of construction in West Moreton (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction -41.8 32.4 -36.5 -1.1 1.1 7.4 30.6 -7.3 -10.0 -6.5 3.3 4.9 6.9 11.7 19.1 22.7 22.1

Other dwelling 0.6 -16.5 2.5 3.2 9.5 2.5 6.8 7.7 4.3 2.3 2.2 2.2 1.7 1.9 3.1 2.7 3.0

Private non-residential building 1.0 -4.8 -4.2 -2.7 7.1 29.4 38.0 -20.4 -0.4 -2.5 3.4 3.1 1.2 -3.0 0.6 0.2 1.3

Public non-residential building -89.5 -7.6 15.6 -15.5 -10.8 -4.5 3.8 5.7 14.0 18.9 2.5 1.1 7.5 5.6 14.6 -9.2 8.3

Private engineering -78.8 -15.2 -4.7 21.8 -47.7 -12.7 -11.9 -7.9 -1.8 -3.4 -17.2 -0.7 10.3 24.9 8.6 -6.3 -0.1

Public engineering -9.5 17.0 -8.0 -38.3 -2.2 18.8 -25.4 36.4 11.3 -21.3 -7.6 -10.4 7.4 7.1 13.8 17.1 -0.8

Total construction -217.9 5.3 -35.4 -32.6 -43.0 40.8 41.9 14.2 17.5 -12.5 -13.5 0.1 35.0 48.1 59.8 27.2 33.7


Private dwelling new construction -5.0 5.3 -5.9 -0.2 0.2 1.5 5.6 -1.2 -1.7 -1.0 0.5 0.8 1.2 1.9 2.8 3.1 2.9

Other dwelling 0.1 -2.7 0.4 0.6 1.7 0.5 1.2 1.3 0.7 0.4 0.4 0.4 0.3 0.3 0.5 0.4 0.4

Private non-residential building 0.1 -0.8 -0.7 -0.5 1.3 5.8 7.0 -3.5 -0.1 -0.4 0.6 0.5 0.2 -0.5 0.1 0.0 0.2

Public non-residential building -10.8 -1.2 2.5 -2.7 -2.0 -0.9 0.7 1.0 2.3 3.1 0.4 0.2 1.3 0.9 2.2 -1.3 1.1

Private engineering -9.5 -2.5 -0.8 3.8 -8.7 -2.5 -2.2 -1.3 -0.3 -0.5 -2.8 -0.1 1.7 4.0 1.3 -0.9 0.0

Public engineering -1.1 2.8 -1.3 -6.6 -0.4 3.7 -4.7 6.2 1.9 -3.5 -1.3 -1.8 1.2 1.1 2.0 2.3 -0.1

Total construction -26.3 0.9 -5.8 -5.6 -7.9 8.1 7.7 2.4 2.9 -2.0 -2.2 0.0 5.9 7.7 8.9 3.7 4.4


Table 3.9 Formation of construction in Wide Bay/Burnett (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction -134.6 -35.6 -12.0 32.4 11.7 16.3 -13.3 -12.2 -9.2 -3.2 11.8 14.4 15.0 23.6 36.7 39.2 36.6

Other dwelling -58.3 -53.5 11.3 6.5 26.9 5.7 20.3 17.4 9.3 3.6 3.0 3.6 2.7 3.1 6.2 5.0 5.4

Private non-residential building -50.3 -40.5 37.9 30.3 17.6 21.4 -24.8 -34.2 3.2 -1.5 9.9 9.6 5.7 -3.5 3.1 1.4 3.4

Public non-residential building -69.1 -36.2 20.4 5.3 -12.3 -24.0 16.9 16.1 -7.3 3.1 -9.8 -2.9 2.7 0.1 8.5 -7.2 5.2

Private engineering -32.6 -6.3 -2.0 32.9 -19.2 -10.2 -15.5 -3.6 -0.9 17.9 -5.4 24.8 -9.0 21.7 -24.2 -27.5 -0.1

Public engineering 29.1 -26.3 -91.6 -46.0 -81.3 20.1 -39.7 15.6 19.0 79.2 -62.0 -12.7 30.2 19.6 33.6 40.4 -9.8

Total construction -315.8 -198.5 -35.9 61.6 -56.7 29.2 -56.1 -0.9 14.1 99.1 -52.5 36.8 47.4 64.5 63.8 51.1 40.8


Private dwelling new construction -7.8 -2.5 -1.0 2.8 0.9 1.4 -1.1 -1.1 -0.8 -0.3 0.9 1.2 1.2 1.8 2.7 2.7 2.5

Other dwelling -3.4 -3.8 0.9 0.6 2.2 0.5 1.7 1.5 0.8 0.3 0.2 0.3 0.2 0.2 0.5 0.3 0.4

Private non-residential building -2.9 -2.9 3.1 2.6 1.4 1.8 -2.1 -3.0 0.3 -0.1 0.8 0.8 0.5 -0.3 0.2 0.1 0.2

Public non-residential building -4.0 -2.6 1.7 0.5 -1.0 -2.0 1.4 1.4 -0.6 0.3 -0.8 -0.2 0.2 0.0 0.6 -0.5 0.4

Private engineering -1.9 -0.4 -0.2 2.8 -1.6 -0.9 -1.3 -0.3 -0.1 1.5 -0.4 2.0 -0.7 1.7 -1.8 -1.9 0.0

Public engineering 1.7 -1.9 -7.6 -3.9 -6.6 1.7 -3.3 1.4 1.7 6.8 -4.9 -1.1 2.4 1.5 2.5 2.8 -0.7

Total construction -18.3 -14.1 -3.0 5.2 -4.6 2.5 -4.6 -0.1 1.2 8.5 -4.2 3.0 3.8 5.0 4.7 3.6 2.8

Table 3.10 Formation of construction in Darling Downs (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction -94.3 56.2 28.4 -0.6 -32.2 -50.5 -30.1 3.3 -19.3 -11.3 3.2 5.8 8.4 16.4 27.3 29.9 28.2

Other dwelling 20.8 -94.9 -16.2 11.7 16.2 -1.3 -1.2 35.2 8.0 3.5 3.4 3.5 2.7 2.9 5.1 4.2 4.6

Private non-residential building 15.0 -17.2 68.6 14.3 134.2 -0.1 -82.9 -86.3 -34.4 -28.6 -7.4 -3.8 -5.2 -10.8 -1.5 2.5 2.3

Public non-residential building -40.3 -27.0 8.8 59.5 30.4 -71.8 14.3 18.2 -15.4 -6.1 -17.1 -4.8 1.6 -0.5 9.1 -6.4 5.9

Private engineering -74.8 -76.3 -50.9 211.1 -953.1 -241.9 283.5 405.4 -19.0 -165.4 -810.4 -62.5 111.6 195.4 249.1 188.8 -1.6

Public engineering 41.9 84.5 60.1 -75.0 37.9 11.8 -113.8 118.1 120.4 117.3 -3.7 -43.7 -80.1 -14.6 -0.2 25.2 -4.7

Total construction -131.6 -74.6 98.7 221.0 -766.6 -353.9 70.0 493.9 40.4 -90.5 -832.0 -105.5 38.9 188.8 289.0 244.2 34.7


Private dwelling new construction -2.8 1.8 0.9 0.0 -0.9 -1.9 -1.3 0.1 -0.7 -0.4 0.1 0.3 0.4 0.9 1.3 1.2 1.1

Other dwelling 0.6 -3.0 -0.5 0.4 0.5 -0.1 -0.1 1.5 0.3 0.1 0.1 0.2 0.1 0.2 0.2 0.2 0.2

Private non-residential building 0.5 -0.5 2.2 0.4 3.9 0.0 -3.6 -3.6 -1.2 -1.0 -0.3 -0.2 -0.3 -0.6 -0.1 0.1 0.1

Public non-residential building -1.2 -0.8 0.3 1.9 0.9 -2.7 0.6 0.8 -0.5 -0.2 -0.6 -0.2 0.1 0.0 0.4 -0.3 0.2

Private engineering -2.3 -2.4 -1.6 6.6 -27.8 -9.1 12.3 17.1 -0.7 -5.7 -28.7 -3.1 5.9 10.2 11.8 7.9 -0.1

Public engineering 1.3 2.7 1.9 -2.3 1.1 0.4 -4.9 5.0 4.2 4.0 -0.1 -2.2 -4.3 -0.8 0.0 1.0 -0.2

Total construction -4.0 -2.3 3.2 6.9 -22.4 -13.3 3.0 20.8 1.4 -3.1 -29.5 -5.3 2.1 9.8 13.7 10.2 1.3


Table 3.11 Formation of construction in South West (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction 6.5 25.0 2.0 -22.4 -9.0 -9.3 -1.1 4.2 2.1 1.2 1.3 1.1 1.1 1.3 1.8 2.0 1.9

Other dwelling 2.3 -7.7 -0.6 1.2 1.9 0.0 -0.6 2.9 0.6 0.3 0.3 0.4 0.3 0.3 0.6 0.5 0.5

Private non-residential building 8.1 12.0 -2.9 -6.5 -3.6 -7.7 -1.7 1.3 1.0 0.0 1.2 1.6 1.4 0.4 1.1 0.8 1.0

Public non-residential building -11.1 -3.3 9.8 -10.9 -1.6 2.1 13.0 7.9 -9.8 -3.8 -5.1 -1.2 0.4 0.0 1.0 -2.1 0.1

Private engineering 342.4 104.0 -4.0 344.9 -510.9 -414.8 -285.5 -15.1 341.0 7.9 -331.6 -61.6 19.6 47.5 16.5 -12.0 172.9

Public engineering 59.0 -54.9 -11.4 4.0 20.1 1.0 -16.4 -3.9 0.9 9.9 4.9 5.2 1.7 3.0 6.8 8.3 -1.7

Total construction 407.2 75.1 -7.1 310.3 -503.2 -428.7 -292.3 -2.6 335.8 15.6 -328.9 -54.6 24.4 52.6 27.8 -2.5 174.8



Other dwelling 0.3 -0.7 -0.1 0.1 0.1 0.0 -0.1 0.9 0.2 0.0 0.0 0.1 0.1 0.1 0.2 0.1 0.1

Private non-residential building 1.1 1.0 -0.2 -0.5 -0.2 -0.7 -0.3 0.4 0.3 0.0 0.2 0.5 0.5 0.1 0.3 0.2 0.3

Public non-residential building -1.5 -0.3 0.8 -0.9 -0.1 0.2 2.2 2.5 -3.2 -0.6 -0.8 -0.4 0.1 0.0 0.3 -0.5 0.0

Private engineering 45.7 9.0 -0.3 28.2 -33.3 -40.2 -47.3 -4.8 110.5 1.2 -50.3 -18.6 7.1 15.8 4.7 -3.2 45.7

Public engineering 7.9 -4.7 -0.9 0.3 1.3 0.1 -2.7 -1.3 0.3 1.5 0.7 1.6 0.6 1.0 1.9 2.2 -0.4

Total construction 54.3 6.5 -0.6 25.3 -32.8 -41.5 -48.4 -0.8 108.8 2.4 -49.9 -16.5 8.8 17.5 7.9 -0.7 46.2

Table 3.12 Formation of construction in Fitzroy (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:


Other dwelling -22.7 -23.9 30.8 -25.5 4.9 9.0 30.3 -14.3 6.7 3.6 3.8 4.5 4.0 4.4 6.9 6.2 6.7

Private non-residential building 54.2 254.6 115.2 -279.6 -171.1 -24.3 -17.3 10.4 31.6 18.4 26.8 22.1 15.0 0.4 9.3 5.8 8.1

Public non-residential building -8.9 52.4 138.7 -174.5 -47.7 -18.5 25.1 38.5 -26.8 3.9 -13.1 -3.2 5.0 0.9 8.2 -16.6 0.7

Private engineering 17383.8 2462.3 1512.7 -16999.2 -5450.7 356.6 42.0 -36.0 2.0 118.7 240.7 399.9 -331.5 567.6 -112.1 -250.0 316.3

Public engineering 7.5 38.5 -114.8 -41.8 24.1 -31.0 -61.1 109.1 157.8 153.7 54.6 -108.9 -84.7 -9.6 -57.9 -29.1 -10.3

Total construction 17547.3 3081.4 1811.0 -17980.0 -5830.2 230.2 -16.2 196.2 241.7 329.4 343.1 337.9 -370.5 592.3 -104.1 -239.4 362.2



Other dwelling -0.5 -0.1 0.1 -0.1 0.1 0.3 0.9 -0.4 0.2 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Private non-residential building 1.2 1.2 0.5 -1.0 -1.9 -0.8 -0.5 0.3 0.9 0.5 0.7 0.5 0.3 0.0 0.2 0.1 0.2

Public non-residential building -0.2 0.2 0.6 -0.7 -0.5 -0.6 0.8 1.2 -0.8 0.1 -0.3 -0.1 0.1 0.0 0.2 -0.3 0.0

Private engineering 397.2 11.2 6.0 -63.4 -61.7 11.9 1.3 -1.1 0.1 3.2 6.0 9.2 -7.1 13.2 -2.3 -5.2 7.0

Public engineering 0.2 0.2 -0.5 -0.2 0.3 -1.0 -1.9 3.4 4.6 4.2 1.4 -2.5 -1.8 -0.2 -1.2 -0.6 -0.2

Total construction 400.9 14.1 7.2 -67.0 -66.0 7.7 -0.5 6.1 7.1 9.0 8.6 7.8 -7.9 13.8 -2.1 -5.0 8.0


Table 3.13 Formation of construction in Central West (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction 2.8 1.2 -4.1 -2.2 -1.8 -2.1 0.5 -0.4 0.4 0.2 0.2 0.2 0.2 0.2 0.3 0.3 0.3

Other dwelling 3.5 -5.8 -1.1 0.5 0.3 -0.2 -0.1 0.9 0.1 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1

Private non-residential building -1.1 -0.2 6.3 -1.3 -5.9 1.8 1.5 2.4 1.5 0.3 0.6 0.3 -0.1 -0.7 -0.1 0.0 0.7

Public non-residential building 4.1 -7.0 -3.2 -3.6 5.4 1.1 0.1 2.5 -2.2 -1.4 -2.6 -0.7 0.3 0.0 0.7 -1.4 0.1

Private engineering -0.4 74.6 73.6 227.3 -351.1 -52.4 -1.6 -19.7 867.1 555.1 -549.5 -439.4 -368.8 43.1 362.4 417.7 -571.2

Public engineering 8.8 -8.6 -5.5 1.9 7.8 -6.6 -8.5 10.6 55.9 16.9 -50.0 -13.1 0.1 1.3 3.4 4.2 -1.3

Total construction 17.8 54.1 66.0 222.4 -345.5 -58.4 -8.2 -3.8 922.9 571.1 -601.3 -452.7 -368.3 43.9 366.8 420.9 -571.4


Private dwelling new construction 1.4 0.5 -1.5 -0.6 -0.3 -1.0 0.3 -0.2 0.2 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.0

Other dwelling 1.7 -2.6 -0.4 0.1 0.0 -0.1 -0.1 0.6 0.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Private non-residential building -0.5 -0.1 2.3 -0.4 -1.1 0.8 0.9 1.6 1.0 0.0 0.0 0.0 0.0 -0.3 0.0 0.0 0.1

Public non-residential building 2.0 -3.2 -1.2 -1.1 1.0 0.5 0.0 1.6 -1.5 -0.1 -0.2 -0.1 0.1 0.0 0.3 -0.2 0.0

Private engineering -0.2 33.7 26.7 66.6 -62.3 -24.0 -1.0 -13.0 586.2 51.8 -33.5 -42.2 -62.7 19.6 137.6 66.3 -54.3

Public engineering 4.3 -3.9 -2.0 0.5 1.4 -3.0 -5.3 7.0 37.8 1.6 -3.0 -1.3 0.0 0.6 1.3 0.7 -0.1

Total construction 8.8 24.5 24.0 65.2 -61.3 -26.8 -5.1 -2.5 624.0 53.3 -36.6 -43.5 -62.6 20.0 139.2 66.8 -54.4

Table 3.14 Formation of construction in Mackay (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction -23.0 277.4 88.0 -395.9 -205.1 -77.2 32.3 120.7 14.7 13.7 25.6 23.0 19.7 24.8 36.6 44.6 43.6

Other dwelling -26.6 -4.3 24.8 9.3 18.1 6.8 29.3 -16.4 6.1 3.0 3.0 3.4 2.9 3.3 5.5 4.9 5.5

Private non-residential building 1.0 -34.9 -10.7 -73.2 -70.3 -78.4 -6.6 12.9 23.6 12.4 19.8 17.1 11.4 -0.3 5.9 3.6 5.7

Public non-residential building -128.9 -45.9 56.1 -92.8 -21.1 -0.1 6.2 9.4 6.9 14.5 -0.2 0.8 6.8 4.4 12.2 -10.2 6.0

Private engineering 9.4 426.2 -2.7 389.5 -593.6 504.7 1288.2 -1719.7 -465.8 1647.6 1252.0 -119.6 -930.0 -1134.8 -275.7 -55.1 435.6

Public engineering -152.1 -17.9 -24.5 -6.3 -39.2 27.7 -16.4 50.9 96.5 320.6 90.5 -145.3 -272.8 -38.8 1.5 4.2 84.7

Total construction -320.2 600.6 131.0 -169.4 -911.2 383.4 1333.1 -1542.3 -317.9 2011.7 1390.7 -220.6 -1162.1 -1141.5 -213.9 -8.0 581.1


Private dwelling new construction -0.9 12.0 3.0 -13.0 -7.2 -3.9 1.4 3.3 0.7 0.8 0.7 0.4 0.4 0.6 1.4 1.8 1.8

Other dwelling -1.0 -0.2 0.9 0.3 0.6 0.3 1.3 -0.4 0.3 0.2 0.1 0.1 0.1 0.1 0.2 0.2 0.2

Private non-residential building 0.0 -1.5 -0.4 -2.4 -2.5 -4.0 -0.3 0.4 1.1 0.7 0.5 0.3 0.2 0.0 0.2 0.1 0.2

Public non-residential building -4.9 -2.0 1.9 -3.1 -0.7 0.0 0.3 0.3 0.3 0.8 0.0 0.0 0.1 0.1 0.5 -0.4 0.2

Private engineering 0.4 18.5 -0.1 12.8 -20.7 25.8 55.1 -46.8 -21.9 90.9 32.7 -2.3 -18.6 -29.6 -10.2 -2.2 17.6

Public engineering -5.8 -0.8 -0.8 -0.2 -1.4 1.4 -0.7 1.4 4.5 17.7 2.4 -2.8 -5.5 -1.0 0.1 0.2 3.4

Total construction -12.2 26.1 4.5 -5.6 -31.8 19.6 57.0 -42.0 -14.9 111.0 36.4 -4.2 -23.3 -29.8 -7.9 -0.3 23.5


Table 3.15 Formation of construction in Northern (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction -1.9 31.1 -16.8 -6.7 -89.5 -121.4 -44.4 89.6 61.4 27.4 28.3 22.6 22.0 29.7 44.4 50.0 45.7

Other dwelling -71.5 -38.4 47.4 -14.3 41.1 -8.9 27.3 15.1 11.8 6.5 3.5 6.6 6.6 7.1 9.9 9.1 9.6

Private non-residential building 60.2 -1.7 -68.1 -20.5 73.6 14.3 -34.9 -13.7 36.5 15.7 31.7 25.8 14.6 -7.0 7.3 3.6 7.5

Public non-residential building -155.5 154.0 107.4 -327.2 10.2 10.8 46.3 48.3 -17.8 10.7 -28.8 -6.2 14.7 6.8 28.3 -31.6 11.4

Private engineering -407.3 -78.6 -22.3 110.5 -246.2 -65.7 448.2 10.9 -287.3 -163.4 46.9 33.1 -44.0 369.9 -229.9 -26.3 19.6

Public engineering 54.3 25.8 -56.3 -8.7 -62.2 29.1 -35.9 104.0 154.5 45.5 -6.2 -41.9 -87.9 -25.0 8.0 11.4 -1.3

Total construction -521.7 92.1 -8.7 -267.0 -273.1 -141.7 406.6 254.3 -40.9 -57.5 75.3 40.0 -74.0 381.6 -132.0 16.1 92.4


Private dwelling new construction -0.1 1.3 -0.7 -0.3 -4.2 -6.5 -2.6 4.2 2.6 1.2 1.2 1.0 0.9 1.3 1.6 1.9 1.8

Other dwelling -2.5 -1.7 2.0 -0.6 1.9 -0.5 1.6 0.7 0.5 0.3 0.2 0.3 0.3 0.3 0.4 0.4 0.4

Private non-residential building 2.1 -0.1 -2.8 -0.9 3.4 0.8 -2.0 -0.6 1.5 0.7 1.4 1.1 0.6 -0.3 0.3 0.1 0.3

Public non-residential building -5.5 6.6 4.4 -13.6 0.5 0.6 2.7 2.3 -0.7 0.5 -1.3 -0.3 0.6 0.3 1.0 -1.2 0.4

Private engineering -14.3 -3.4 -0.9 4.6 -11.5 -3.5 25.9 0.5 -12.0 -7.0 2.0 1.4 -1.8 15.9 -8.5 -1.0 0.8

Public engineering 1.9 1.1 -2.3 -0.4 -2.9 1.6 -2.1 4.9 6.5 1.9 -0.3 -1.8 -3.7 -1.1 0.3 0.4 -0.1

Total construction -18.3 4.0 -0.4 -11.1 -12.7 -7.6 23.5 11.9 -1.7 -2.4 3.3 1.7 -3.1 16.4 -4.9 0.6 3.6

Table 3.16 Formation of construction in Far North (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction 25.6 -26.1 -70.4 3.8 74.0 -24.9 6.0 184.0 62.2 36.6 44.7 39.9 38.0 50.2 73.6 80.6 75.2

Other dwelling -63.5 -13.0 27.6 13.3 43.4 10.8 33.9 17.9 21.1 13.3 6.9 13.2 13.9 14.6 18.3 17.4 18.4

Private non-residential building 17.2 -31.7 -42.0 10.3 13.1 -2.0 70.7 10.6 36.9 17.7 31.3 25.3 14.5 -6.1 6.3 2.3 5.6

Public non-residential building 3.5 -31.8 -126.2 -48.1 -3.2 2.6 30.8 24.7 4.1 19.6 -12.5 -3.0 11.0 4.7 19.3 -26.2 6.0

Private engineering -294.4 63.9 52.7 -99.7 -229.9 62.6 521.9 534.0 572.2 -1076.1 52.9 -168.2 -164.1 32.3 77.4 688.6 346.6

Public engineering 99.0 40.4 -43.2 -53.8 -24.6 3.2 -19.6 37.0 75.9 61.4 3.2 -34.4 -69.8 -9.6 9.9 12.7 -1.6

Total construction -212.6 1.6 -201.6 -174.2 -127.1 52.3 643.6 808.2 772.5 -927.4 126.5 -127.1 -156.5 86.2 204.7 775.4 450.1


Private dwelling new construction 1.2 -1.3 -3.6 0.2 4.7 -1.7 0.4 8.6 2.1 1.0 1.6 1.4 1.4 1.9 2.7 2.7 2.0

Other dwelling -2.9 -0.7 1.4 0.8 2.7 0.7 2.2 0.8 0.7 0.4 0.2 0.5 0.5 0.6 0.7 0.6 0.5

Private non-residential building 0.8 -1.6 -2.1 0.6 0.8 -0.1 4.7 0.5 1.2 0.5 1.1 0.9 0.5 -0.2 0.2 0.1 0.2

Public non-residential building 0.2 -1.6 -6.4 -2.7 -0.2 0.2 2.0 1.1 0.1 0.5 -0.4 -0.1 0.4 0.2 0.7 -0.9 0.2

Private engineering -13.6 3.3 2.7 -5.7 -14.5 4.3 34.6 24.8 19.3 -28.8 1.9 -5.7 -5.9 1.2 2.8 23.4 9.3

Public engineering 4.6 2.1 -2.2 -3.1 -1.6 0.2 -1.3 1.7 2.6 1.6 0.1 -1.2 -2.5 -0.4 0.4 0.4 0.0

Total construction -9.8 0.1 -10.3 -9.9 -8.0 3.6 42.7 37.6 26.1 -24.9 4.5 -4.3 -5.6 3.3 7.5 26.4 12.1


Table 3.17 Formation of construction in North West (CVM $m)

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Change in:

Private dwelling new construction -3.9 0.7 4.6 -4.6 -9.8 -2.4 -1.0 6.9 5.3 2.2 1.3 0.9 0.9 1.2 1.7 1.5 1.4

Other dwelling 2.5 -6.3 0.9 -0.3 5.0 -6.3 8.4 1.3 1.6 0.9 0.0 0.8 1.0 1.0 1.1 1.1 1.1

Private non-residential building 5.6 1.1 33.6 3.3 -43.5 -12.0 -0.8 3.9 3.3 1.9 3.2 2.9 2.1 0.3 1.3 0.7 0.9

Public non-residential building -1.4 5.3 0.9 -24.1 1.6 1.3 -1.8 2.0 1.2 2.0 -1.1 -0.3 0.8 0.0 1.2 -2.5 0.1

Private engineering -94.1 -18.2 11.0 105.2 -81.9 -56.2 -44.0 -9.4 314.0 360.8 227.4 -188.1 -340.1 -61.7 -111.3 -111.2 200.8

Public engineering -1.5 12.8 -12.1 5.2 21.9 -18.6 -29.2 11.3 20.0 20.3 -5.8 -11.0 -14.4 -2.4 1.5 2.0 -0.2

Total construction -92.8 -4.5 39.1 84.7 -106.7 -94.1 -68.4 16.0 345.3 388.0 225.0 -194.8 -349.8 -61.5 -104.5 -108.4 204.2


Private dwelling new construction -0.9 0.2 1.3 -1.2 -2.0 -0.6 -0.4 3.2 2.3 0.4 0.1 0.1 0.1 0.2 0.3 0.3 0.4

Other dwelling 0.6 -1.7 0.3 -0.1 1.0 -1.7 3.0 0.6 0.7 0.2 0.0 0.1 0.1 0.2 0.2 0.2 0.3

Private non-residential building 1.2 0.3 9.4 0.8 -9.0 -3.2 -0.3 1.8 1.4 0.3 0.3 0.2 0.2 0.1 0.2 0.1 0.2

Public non-residential building -0.3 1.5 0.2 -6.1 0.3 0.4 -0.6 0.9 0.5 0.4 -0.1 0.0 0.1 0.0 0.2 -0.5 0.0

Private engineering -20.6 -5.0 3.1 26.4 -17.0 -15.0 -15.6 -4.4 136.9 62.8 23.6 -15.8 -34.3 -9.6 -19.1 -23.3 54.4

Public engineering -0.3 3.5 -3.4 1.3 4.5 -4.9 -10.4 5.3 8.7 3.5 -0.6 -0.9 -1.5 -0.4 0.3 0.4 -0.1

Total construction -20.3 -1.2 10.9 21.3 -22.1 -25.0 -24.3 7.5 150.6 67.5 23.4 -16.4 -35.2 -9.6 -18.0 -22.7 55.4



105 105 105

Table 3.18 Total construction: average annual growth rates by Queensland regions

1996-2016 2016-2021 2021-2028

Brisbane 4.3 -2.0 3.3

Gold Coast 4.3 -0.7 5.4

Sunshine Coast 3.9 2.2 3.7

West Moreton 2.2 3.8 4.0

Wide Bay/Burnett 0.7 1.4 2.6

Darling Downs 5.5 1.2 -0.7

South West 11.2 -8.6 -2.5

Fitzroy 4.5 5.8 3.0

Central West 4.0 49.7 -16.1

Mackay 4.6 14.3 -3.2

Northern 3.2 4.1 2.3

Far North -0.5 14.0 5.8

North West 2.0 20.7 -7.1

Queensland 4.0 2.1 2.4

Note: Fiscal years.

Table 3.19 Drivers of construction growth by Queensland region 2015-2028 (average annual $ million change between span years)

2015-2020 2020-2028

Dwellings

Non-residential

construction Engineer-

ing Total con-struction Dwellings

Non-residential

construction Engineer-

ing Total con-struction

Brisbane 343.1 -50.3 -412.7 -119.9 224.0 80.2 286.9 591.1

Gold Coast 264.4 20.3 -193.9 90.8 159.0 34.4 130.6 323.9

Sunshine Coast 147.9 -67.9 -76.7 3.3 78.4 4.0 85.2 167.6

West Moreton 10.9 8.7 -11.9 7.8 12.2 8.4 3.8 24.4

Wide Bay/Burnett 22.3 1.6 -25.8 -1.8 25.8 2.9 16.9 45.6

Darling Downs -12.2 -4.0 -42.9 -59.0 15.8 -15.1 -24.7 -24.0

South West -5.9 -3.3 -106.9 -116.2 2.2 -1.5 29.9 30.6

Fitzroy -115.1 -130.8 -4385.7 -4631.6 47.4 12.1 127.1 186.6

Central West -0.8 0.6 146.1 145.9 0.3 -0.6 41.8 41.5

Mackay -91.5 -56.7 -96.7 -244.8 35.5 17.6 61.9 115.0

Northern -7.8 -34.8 30.2 -12.4 50.3 15.4 -28.1 37.6

Far North 89.1 30.1 275.8 395.0 79.8 19.6 51.2 150.6

North West 0.8 -13.1 47.7 35.4 3.1 2.3 37.6 43.0

Queensland 645.3 -299.6 -4853.3 -4507.6 733.7 179.7 820.0 1733.4


Table 3.20 Contribution of each region to Queensland construction growth

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Average

2004-2011 Average

2011-2018 Average

2018-2028

Percentage point contribution

Brisbane -3.9 -1.7 1.0 2.3 0.3 1.0 -2.7 -2.5 -1.0 0.8 -1.0 0.2 0.6 4.1 3.0 0.7 1.8 2.4 -0.3 0.4

Gold Coast -3.5 -0.3 0.9 0.7 0.4 1.2 0.0 -1.7 0.0 0.2 -0.1 0.5 0.8 1.5 1.2 0.4 0.7 0.6 -0.1 0.3

Sunshine Coast -1.4 0.2 1.1 0.4 -1.1 0.3 0.3 -0.2 0.3 0.2 -0.3 0.1 0.3 0.8 0.6 0.2 0.4 0.2 -0.1 0.3

West Moreton -0.4 0.0 -0.1 0.0 -0.1 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1 0.1 0.1 0.1 -0.1 0.0

Wide Bay/ Burnett -0.6 -0.3 -0.1 0.1 -0.1 0.1 -0.1 0.0 0.0 0.2 -0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 -0.1 0.1

Darling Downs -0.3 -0.1 0.2 0.3 -1.4 -0.8 0.2 1.1 0.1 -0.2 -1.7 -0.2 0.1 0.4 0.6 0.5 0.1 0.6 0.0 0.1

South West 0.8 0.1 0.0 0.4 -0.9 -1.0 -0.6 0.0 0.8 0.0 -0.7 -0.1 0.1 0.1 0.1 0.0 0.3 0.2 0.0 0.0

Fitzroy 34.4 4.9 2.8 -26.1 -10.9 0.5 0.0 0.4 0.5 0.7 0.7 0.7 -0.8 1.3 -0.2 -0.4 0.7 0.8 1.4 0.3

Central West 0.0 0.1 0.1 0.3 -0.6 -0.1 0.0 0.0 2.1 1.2 -1.2 -0.9 -0.8 0.1 0.7 0.8 -1.0 0.0 0.0 0.1

Mackay -0.6 1.0 0.2 -0.2 -1.7 0.9 2.9 -3.3 -0.7 4.3 2.8 -0.5 -2.4 -2.4 -0.4 0.0 1.1 0.5 0.4 0.1

Northern -1.0 0.1 0.0 -0.4 -0.5 -0.3 0.9 0.6 -0.1 -0.1 0.2 0.1 -0.2 0.8 -0.3 0.0 0.2 0.4 -0.2 0.2

Far North -0.4 0.0 -0.3 -0.3 -0.2 0.1 1.4 1.7 1.7 -2.0 0.3 -0.3 -0.3 0.2 0.4 1.5 0.8 0.2 0.0 0.5

North West -0.2 0.0 0.1 0.1 -0.2 -0.2 -0.2 0.0 0.8 0.8 0.5 -0.4 -0.7 -0.1 -0.2 -0.2 0.4 0.1 -0.1 0.1

Queensland 22.9 4.0 5.9 -22.2 -17.0 1.7 2.1 -4.0 4.6 6.1 -0.6 -0.7 -3.1 7.0 5.8 3.6 5.4 6.3 0.6 2.4



107 107 107

4. Queensland construction: Resources, capacity and price pressures

4.1 Utilisation of capacity

Over 2006 and 2011 the Queensland construction sector was operating above normal capacity levels. The excess demand averaged $3.7 billion over these years, implying an excess demand rate of 7.9%.

The rising levels of mining investment in 2012 increased excess demand to $30 billion, capacity utilisation was at 46.5%.

Over the 2015 to 2018 period total construction expenditure fell by a total of 13.8% or 4.6% per annum. Over this period excess capacity averaged 10.3% reaching $3.3 billion by 2018.

Low levels of investment mean that 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 2018. From 2006 to 2011 there was a shortage of construction labour. At the regional level the picture is different. Over the 2011 to 2015 period Fitzroy had a shortage of construction labour, whilst Brisbane has had a surplus from 2011. The reasons behind the difference across the regions vary with the characteristics of each region. The mining boom resulted in massive investment in projects in the Fitzroy region the result of which was a labour shortage of 15,000 at its peak. The other regions suffered from a lack of projects as investment dollars were soaked up in Fitzroy.

In 2019 at the state level there is a 29,000 excess of construction workers, and by 2020 this has fallen to 26,300 due to a 9,000 shortage in the Far North as investment increases.

4.3 Queensland construction sector unemployment rates

The latest estimates of construction sector unemployment for Queensland would indicate that as at June 2018 there are 12,000 unemployed construction workers in Queensland, the ABS estimates that in June 2017 there was around 9,000 unemployed construction workers. The latest estimate for the number employed in the construction sector for the June quarter 2018 is just over 240,000 in trend terms which 2% above the levels of June quarter 2017.

The implied unemployment rate for the construction industry for June quarter 2018 is 4.7%, this is higher than for the June quarter 2017 when the unemployment rate was 3.6%.



108 108 108

The unemployment rate for the construction sector is projected range from 4.7% to 4.0% over the next two years.

4.4 Construction cost inflation

The next two years will see average construction costs increase at 0.6% per annum in real terms. The declining labour intensive residential sector will have little change to prices over the next two years. For Non-residential building which has an average annual decline over the next two years of 6.6% there is little upwards pressure on non-residential building prices and increases should average less than 2%. Small price rises will occur for engineering construction over 2020 as engineering construction returns to growth.

Figure 4.1: Unused capacity in Queensland’s construction sector



109 109 109

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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Queensland -14.4 -9.0 -7.4 -11.6 -10.1 -8.6 -11.2 -12.1 -14.0 -8.3 -3.8 -1.3 2.9

Table 4.2 Construction industry employment by Queensland regions

Fiscal years 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 101461 107801 112816 101723 96467 95733 93422 92697 93183 99622 106342 109190 112917

Gold Coast 34692 36442 37577 33745 32494 32295 31978 32721 34351 37461 40629 42238 44071

Sunshine Coast 16927 23465 24365 22300 22130 22375 21835 21790 22253 23899 25595 26517 27498

West Moreton 4633 4962 5525 5498 5575 5492 5358 5296 5470 5794 6231 6512 6777

Wide Bay/Burnett 8502 8807 8530 8373 8361 8818 8658 8756 8982 9326 9689 10001 10246

Darling Downs 8495 9480 11258 11348 11441 11175 8782 7746 7511 7915 8764 9624 9930

South West 763 957 1060 725 1064 1181 784 592 563 620 669 679 898

Fitzroy 9489 9290 9472 9906 10492 11299 12190 13088 12559 13532 13564 13050 13556

Central West 225 289 389 301 1417 2447 2008 1318 661 515 908 1522 1024

Mackay 7050 8132 8343 7097 6014 9952 14031 14725 12438 9330 7922 7457 8477

Northern 7577 7980 9215 9914 9960 9765 9889 10003 9780 10777 10655 10625 10838

Far North 9728 10999 10591 16079 20990 18367 18049 17338 16390 16401 17198 20605 23402

North West 619 794 1070 823 1496 2528 3309 3112 2299 1917 1576 1242 1561

Queensland 210160 229398 240212 227832 227901 231427 230294 229183 226441 237107 249745 259261 271194


Table 4.3 Queensland regional construction excess capacity utilisation rates (positive denotes shortage of capacity) – %

Fiscal years 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane -6.4 -1.1 -8.0 -14.5 -17.5 -16.8 -20.6 -21.0 -20.6 -13.5 -8.2 -7.8 -4.9

Gold Coast -9.1 -4.0 -6.4 -19.8 -21.0 -21.0 -23.4 -21.3 -17.4 -9.5 -3.1 -2.0 1.4

Sunshine Coast -11.4 3.2 5.3 0.3 2.3 3.4 -2.4 -2.3 -0.1 8.5 15.1 16.8 20.2

West Moreton -11.6 -1.0 5.3 5.9 7.1 3.3 -1.4 -2.6 1.7 7.9 15.8 18.8 22.4

Wide Bay/Burnett -18.2 -12.4 -16.8 -17.5 -17.1 -10.5 -15.4 -13.2 -10.3 -6.4 -2.6 0.3 2.6

Darling Downs -8.0 -4.1 -1.5 18.2 19.2 15.1 -19.8 -24.2 -22.9 -15.7 -4.6 4.7 5.7

South West -9.7 8.0 -43.7 -44.2 16.8 20.2 -40.0 -49.6 -44.9 -35.0 -29.5 -29.7 3.2

Fitzroy -34.3 4.3 1.3 3.8 7.5 13.6 19.7 25.2 10.5 20.9 13.9 4.4 11.9

Central West -45.1 -34.6 -37.1 -38.4 348.9 594.2 339.6 150.8 -5.4 14.4 176.0 364.2 113.8

Mackay -44.3 -39.8 -5.3 -45.7 -54.2 -4.2 28.3 22.0 -7.2 -35.4 -41.1 -41.7 -28.6

Northern -41.9 -47.4 -35.4 -28.7 -30.8 -33.2 -32.3 -31.7 -34.5 -24.5 -28.8 -29.0 -27.1

Far North -26.1 -31.4 -2.6 32.6 65.7 23.6 27.1 20.9 13.4 16.2 24.1 56.0 73.8

North West -38.0 -28.5 -45.6 -41.7 45.8 144.2 198.6 150.1 62.1 46.7 20.5 -6.8 44.8

Queensland -14.3 -8.5 -8.1 -12.1 -10.6 -9.0 -11.5 -12.2 -14.0 -8.2 -3.6 -1.0 3.4

Table 4.4 Queensland regional construction – excess demand (2010 $m)

Fiscal years 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane -1346 -234 -1626 -2765 -3260 -3197 -3816 -3912 -3903 -2815 -1844 -1769 -1157

Gold Coast -527 -252 -405 -1087 -1154 -1173 -1298 -1232 -1073 -656 -235 -154 112

Sunshine Coast -389 114 194 10 84 130 -87 -86 -4 364 695 792 996

West Moreton -58 -6 31 35 44 20 -8 -16 10 53 116 143 178

Wide Bay/Burnett -214 -150 -194 -202 -199 -132 -186 -164 -134 -87 -37 5 39

Darling Downs -213 -96 -35 523 560 428 -395 -457 -441 -332 -111 124 152

South West -100 48 -136 -136 108 133 -132 -137 -135 -124 -113 -112 18

Fitzroy -1030 140 41 128 274 541 852 1179 452 1024 668 202 587

Central West -98 -55 -56 -57 3737 9756 3534 887 -12 38 1110 3830 547

Mackay -867 -932 -194 -973 -983 -162 1476 1097 -276 -953 -1017 -1031 -874

Northern -784 -820 -755 -686 -723 -760 -764 -763 -804 -665 -744 -754 -731

Far North -380 -473 -57 965 2451 662 794 586 353 443 708 2081 3075

North West -143 -80 -97 -96 263 1389 2359 1490 399 272 98 -25 257

Queensland -6150 -2796 -3289 -4341 1203 7635 2329 -1530 -5567 -3436 -705 3333 3201

Capacity utilisation (%) -13.8 -6.2 -7.1 -9.8 2.6 15.5 4.8 -3.1 -11.8 -6.8 -1.3 6.0 5.5


Table 4.5 Queensland regional construction – labour shortage (+) or surplus (-) – number

Fiscal years 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane -6980 -1216 -9029 -16407 -19924 -19270 -23956 -24544 -24216 -15932 -9785 -9281 -5850

Gold Coast -3440 -1550 -2540 -7914 -8475 -8566 -9717 -8920 -7363 -4086 -1358 -873 612

Sunshine Coast -2311 666 1110 61 491 741 -520 -515 -22 1937 3463 3867 4697

West Moreton -579 -53 270 304 371 174 -76 -143 91 435 878 1048 1261

Wide Bay/Burnett -1816 -1254 -1689 -1768 -1723 -1052 -1561 -1333 -1043 -643 -264 35 263

Darling Downs -768 -400 -141 1753 1851 1455 -1918 -2337 -2204 -1505 -442 447 542

South West -106 85 -459 -461 174 207 -409 -502 -450 -347 -290 -288 31

Fitzroy -3875 402 120 365 747 1391 2065 2715 1173 2414 1662 545 1468

Central West -204 -152 -160 -164 1473 2472 1406 615 -22 57 687 1401 431

Mackay -5413 -4830 -635 -5520 -6580 -515 3481 2705 -891 -4387 -5099 -5196 -3575

Northern -5936 -6752 -5026 -4113 -4440 -4804 -4740 -4670 -5093 -3633 -4291 -4334 -4068

Far North -3576 -4338 -365 4531 9158 3296 3823 2946 1884 2290 3409 7922 10447

North West -484 -355 -561 -512 561 1755 2423 1817 747 558 243 -81 525

Queensland -35487 -19748 -19107 -29845 -26315 -22717 -29699 -32165 -37410 -22843 -11188 -4787 6783

Table 4.6 Regional construction industry employment by segment

Fiscal years 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Employment – building

Brisbane 31217 33438 36042 29762 26451 25413 25156 25181 25580 26671 28822 30529 32345

Gold Coast 11314 12348 13093 10766 10123 9843 9982 10311 10816 11581 12711 13682 14603

Sunshine Coast 5289 7418 8191 7113 6688 6559 6550 6605 6771 7165 7777 8358 8863

West Moreton 1297 1449 1826 1710 1678 1669 1673 1682 1725 1801 1957 2076 2217

Wide Bay/Burnett 2202 2191 2297 2162 2093 2042 2118 2153 2210 2279 2428 2563 2712

Darling Downs 2420 2327 2674 2337 2214 2105 1812 1628 1579 1632 1787 1959 2074

South West 148 192 232 177 187 200 153 123 118 127 139 143 175

Fitzroy 1548 1806 1647 2041 2312 2542 2778 3005 3009 3209 3342 3339 3496

Central West 34 47 69 62 108 147 138 114 82 59 74 96 91

Mackay 1491 1413 1112 1336 1183 1625 2219 2414 2183 1781 1590 1552 1737

Northern 1905 1819 1751 1994 2145 2200 2246 2315 2359 2491 2613 2649 2754

Far North 3061 3560 3867 6087 7788 7477 7413 7362 7227 7314 7740 8815 9952

North West 86 100 135 130 194 294 367 376 324 282 252 213 238

Queensland 62010 68107 72937 65678 63163 62116 62607 63269 63982 66391 71232 75973 81256


Table 4.6 Regional construction industry employment by segment (continued)

Fiscal years 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Employment – engineering

Brisbane 9471 11741 13201 12336 12146 12448 11544 11131 10908 12755 13593 13537 13561

Gold Coast 2327 2907 3195 3233 3161 3195 2947 2982 3188 3810 4110 4104 4116

Sunshine Coast 1590 2576 2614 2572 2782 2951 2684 2600 2643 3070 3284 3292 3323

West Moreton 525 610 636 709 710 630 557 519 549 622 665 702 694

Wide Bay/Burnett 1156 1424 1486 1521 1578 1903 1686 1702 1762 1909 1939 2002 1967

Darling Downs 1022 1387 1793 2092 2263 2277 1447 1229 1203 1360 1583 1816 1817

South West 165 213 232 128 277 318 154 103 98 115 123 123 190

Fitzroy 2470 1974 1797 1638 1666 1771 1915 2052 1795 2034 1908 1737 1817

Central West 92 118 167 114 827 1565 1181 669 235 197 437 838 437

Mackay 1007 1278 975 471 314 754 1191 1157 789 446 330 298 376

Northern 1135 1374 1668 1698 1542 1389 1405 1377 1228 1524 1320 1297 1289

Far North 1057 1459 1374 2163 3046 1896 1830 1558 1262 1245 1292 1945 2321

North West 126 192 278 181 433 842 1157 983 577 450 319 216 331

Queensland 22144 27253 29414 28856 30746 31941 29698 28060 26239 29538 30903 31907 32240

Employment – construction services

Brisbane 60773 62622 63573 59625 57871 57873 56722 56385 56695 60196 63927 65124 67010

Gold Coast 21051 21188 21289 19746 19211 19257 19049 19427 20346 22071 23808 24451 25352

Sunshine Coast 10049 13471 13560 12614 12660 12865 12601 12585 12839 13664 14535 14867 15312

West Moreton 2811 2903 3063 3079 3187 3194 3129 3096 3196 3371 3609 3735 3866

Wide Bay/Burnett 5144 5192 4747 4690 4690 4873 4855 4901 5011 5138 5322 5436 5568

Darling Downs 5052 5766 6791 6919 6963 6793 5522 4889 4729 4923 5394 5850 6039

South West 450 551 596 421 599 662 477 366 347 378 407 413 533

Fitzroy 5471 5510 6028 6227 6514 6986 7498 8032 7755 8289 8315 7974 8243

Central West 99 124 153 125 482 735 688 535 344 260 397 588 496

Mackay 4553 5441 6256 5289 4517 7573 10621 11154 9466 7103 6002 5606 6363

Northern 4537 4787 5796 6221 6274 6175 6238 6311 6193 6761 6722 6679 6795

Far North 5610 5980 5350 7829 10156 8994 8806 8418 7901 7842 8165 9844 11129

North West 407 503 657 512 868 1393 1784 1754 1398 1185 1005 813 993

Queensland 126006 134037 137860 133298 133992 137371 137990 137854 136220 141178 147609 151380 157698


Table 4.6 Regional construction industry employment by segment (continued)

Fiscal years 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Employment – total

Brisbane 101461 107801 112816 101723 96467 95733 93422 92697 93183 99622 106342 109190 112917

Gold Coast 34692 36442 37577 33745 32494 32295 31978 32721 34351 37461 40629 42238 44071

Sunshine Coast 16927 23465 24365 22300 22130 22375 21835 21790 22253 23899 25595 26517 27498

West Moreton 4633 4962 5525 5498 5575 5492 5358 5296 5470 5794 6231 6512 6777

Wide Bay/Burnett 8502 8807 8530 8373 8361 8818 8658 8756 8982 9326 9689 10001 10246

Darling Downs 8495 9480 11258 11348 11441 11175 8782 7746 7511 7915 8764 9624 9930

South West 763 957 1060 725 1064 1181 784 592 563 620 669 679 898

Fitzroy 9489 9290 9472 9906 10492 11299 12190 13088 12559 13532 13564 13050 13556

Central West 225 289 389 301 1417 2447 2008 1318 661 515 908 1522 1024

Mackay 7050 8132 8343 7097 6014 9952 14031 14725 12438 9330 7922 7457 8477

Northern 7577 7980 9215 9914 9960 9765 9889 10003 9780 10777 10655 10625 10838

Far North 9728 10999 10591 16079 20990 18367 18049 17338 16390 16401 17198 20605 23402

North West 619 794 1070 823 1496 2528 3309 3112 2299 1917 1576 1242 1561

Queensland 210160 229398 240212 227832 227901 231427 230294 229183 226441 237107 249745 259261 271194



115 115 115

5. Quarterly profiles

The attached tables of quarterly profiles are consistent with the annual profiles discussed above to June 2020.


Table 5.1 Value of work done: Residential new construction (including major additions) by region– chain volume measure 2015-16 reference year ($ million)

2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun. 2019-20

Sep. 2019-20

Dec. 2019-20

Mar. 2019-20

Jun.

Annual growth rate

2018-19 2019-20

Actual Forecast

Brisbane 1901 1794 1674 1663 1780 1525 1481 1441 1402 1363 1333 1327 -11.4 -12.9

Gold Coast 653 647 582 524 449 527 516 506 496 486 478 479 -17.0 -2.9

Sunshine Coast 361 361 344 336 324 345 338 331 325 318 313 314 -4.6 -5.0

West Moreton 55 57 57 55 50 57 55 54 53 52 51 51 -3.3 -4.6

Wide Bay/Burnett 117 113 104 100 103 107 106 105 104 103 102 103 -2.8 -2.2

Darling Downs 97 98 95 95 94 100 98 96 94 93 91 91 0.9 -5.0

South West 2 2 2 2 3 3 3 4 4 4 4 4 48.2 15.9

Fitzroy 48 47 43 40 42 72 75 78 81 84 85 88 49.7 26.5

Central West 1 1 1 1 0 1 1 1 1 1 1 1 -11.7 13.2

Mackay 30 36 46 56 72 71 72 73 75 76 76 77 71.8 5.1

Northern 63 60 57 55 58 86 89 91 93 96 97 99 38.2 19.0

Far North 93 97 96 103 127 146 149 152 155 158 159 163 47.2 10.9

North West 2 2 2 1 1 4 4 4 4 5 5 5 108.8 39.6

Queensland 3423 3315 3103 3031 3103 3044 2987 2936 2887 2839 2795 2802 -6.2 -6.2


Table 5.2 Value of work done: Residential other renovations by region – chain volume measure 2015-16 reference year ($ million)

2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun. 2019-20

Sep. 2019-20

Dec. 2019-20

Mar. 2019-20

Jun.

Annual growth rate

2018-19 2019-20

Actual Forecast

Brisbane 506 569 562 579 636 652 663 671 677 682 687 691 18.3 4.4

Gold Coast 199 221 219 225 224 229 233 236 238 240 242 243 6.7 4.4

Sunshine Coast 119 133 131 135 143 146 149 151 152 153 155 156 13.7 4.6

West Moreton 21 24 24 24 25 25 25 26 26 26 26 27 8.6 4.0

Wide Bay/Burnett 63 69 68 70 71 72 73 74 74 74 75 75 7.4 2.8

Darling Downs 39 44 43 44 50 51 52 52 53 53 53 54 20.6 3.9

South West 4 4 4 4 5 5 5 5 5 5 5 5 25.0 0.0

Fitzroy 51 56 55 56 50 51 52 52 52 53 53 53 -6.0 2.9

Central West 1 1 1 1 2 2 2 2 2 2 2 2 100.0 0.0

Mackay 50 54 53 54 48 48 49 49 50 50 50 50 -8.1 3.1

Northern 54 60 58 60 61 61 62 63 63 63 64 64 6.5 2.8

Far North 62 68 67 69 70 71 72 73 74 74 75 75 7.5 4.2

North West 2 2 2 2 2 2 2 2 2 2 2 2 0.0 0.0

Queensland 1171 1305 1287 1323 1387 1415 1439 1456 1468 1477 1489 1497 12.0 4.1


Table 5.3 Value of work done: Private residential building by region – chain volume measure 2015-16 reference year ($ million)

2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun. 2019-20

Sep. 2019-20

Dec. 2019-20

Mar. 2019-20

Jun.

Annual growth rate

2018-19 2019-20

Actual Forecast

Brisbane 2407 2363 2236 2243 2416 2176 2144 2112 2079 2046 2020 2018 -4.3 -7.7

Gold Coast 852 868 801 749 673 756 749 742 734 726 720 722 -10.7 -0.6

Sunshine Coast 479 494 475 471 467 491 487 482 477 472 468 470 0.4 -2.1

West Moreton 76 81 80 79 75 82 81 80 79 78 77 77 0.6 -2.2

Wide Bay/Burnett 179 182 172 170 174 179 179 178 178 177 177 178 1.0 0.0

Darling Downs 136 141 138 139 143 151 150 149 147 145 144 145 7.0 -2.0

South West 6 7 6 7 7 8 9 9 9 9 9 9 26.9 9.1

Fitzroy 99 103 98 96 93 123 126 130 133 136 138 141 19.2 16.1

Central West 2 2 2 2 2 2 2 2 2 2 2 2 0.0 0.0

Mackay 80 90 99 110 120 119 121 123 124 126 126 128 27.4 4.3

Northern 117 120 115 114 119 147 151 154 157 159 160 163 22.5 11.9

Far North 155 165 163 172 197 217 221 225 229 232 234 238 31.3 8.5

North West 4 4 4 3 3 6 6 6 6 7 7 7 40.0 28.6

Queensland 4592 4620 4389 4355 4489 4457 4426 4392 4354 4315 4282 4298 -1.1 -2.9


Table 5.4 Value of work done: Non-residential building by region – chain volume measure 2015-16 reference year ($ million)

2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun. 2019-20

Sep. 2019-20

Dec. 2019-20

Mar. 2019-20

Jun.

Annual growth rate

2018-19 2019-20

Actual Forecast

Brisbane 955 1006 1013 875 825 819 807 805 796 818 825 853 -15.4 1.1

Gold Coast 327 340 324 266 239 221 215 213 210 218 220 227 -29.4 -1.5

Sunshine Coast 135 161 156 129 117 110 106 105 103 105 105 108 -24.6 -3.9

West Moreton 24 29 28 25 24 22 23 23 24 26 27 28 -13.2 14.1

Wide Bay/Burnett 54 53 58 53 52 50 49 49 48 49 49 50 -8.3 -2.0

Darling Downs 104 100 102 89 86 85 80 76 72 70 68 67 -17.2 -15.3

South West 4 6 10 11 12 10 9 9 8 8 8 8 29.0 -20.0

Fitzroy 35 34 44 58 67 51 51 52 53 56 57 60 29.2 2.3

Central West 3 4 5 4 5 6 5 5 5 5 5 5 31.3 -4.8

Mackay 19 23 27 27 29 29 30 32 33 37 38 41 25.0 24.2

Northern 87 97 109 105 109 109 108 108 108 112 113 118 9.0 3.9

Far North 54 70 77 72 74 77 78 80 82 86 89 93 13.2 13.3

North West 4 4 4 4 5 6 6 6 6 7 7 7 43.8 17.4

Queensland 1805 1927 1957 1718 1644 1595 1567 1563 1548 1597 1611 1665 -14.0 0.8


Table 5.5 Value of work done: Total engineering construction activity by region – chain volume measure 2015-16 reference year ($ million)

2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun. 2019-20

Sep. 2019-20

Dec. 2019-20

Mar. 2019-20

Jun.

Annual growth rate

2018-19 2019-20

Actual Forecast

Brisbane 1911 1612 1715 1865 1687 1743 1862 1661 1884 1802 1635 1844 -2.1 3.0

Gold Coast 491 399 423 458 414 414 458 402 452 430 393 450 -4.7 2.2

Sunshine Coast 334 274 282 301 269 305 337 306 350 347 331 374 2.1 15.3

West Moreton 45 40 38 40 35 52 55 51 54 52 47 49 17.5 4.9

Wide Bay/Burnett 62 49 47 66 65 55 58 57 63 63 61 68 5.4 7.7

Darling Downs 258 347 396 426 425 523 547 455 350 506 556 639 36.7 5.2

South West 67 60 61 65 59 58 63 55 136 151 136 154 -7.5 145.5

Fitzroy 617 623 676 732 648 666 734 673 760 720 662 738 2.8 5.9

Central West 33 30 31 33 30 29 30 30 36 216 349 440 -7.2 780.8

Mackay 733 721 807 935 722 417 202 188 212 275 305 367 -52.2 -24.2

Northern 198 304 352 385 371 398 305 280 316 307 290 309 9.3 -9.8

Far North 295 288 288 286 222 279 343 884 496 531 916 432 49.4 37.5

North West 47 41 41 46 41 44 48 44 49 138 152 172 1.1 189.1

Queensland 5093 4789 5157 5636 4988 4982 5042 5084 5158 5537 5831 6037 -2.8 12.3


Table 5.6 Value of work done: Total construction activity by region – chain volume measure 2015-16 reference year ($ million)

2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun. 2019-20

Sep. 2019-20

Dec. 2019-20

Mar. 2019-20

Jun.

Annual growth rate

2018-19 2019-20

Actual Forecast

Brisbane 5292 4993 4975 4994 4939 4750 4825 4590 4772 4678 4493 4729 -5.7 -2.3

Gold Coast 1671 1607 1547 1473 1327 1391 1423 1357 1397 1374 1333 1399 -12.7 0.1

Sunshine Coast 951 930 914 901 854 906 930 893 931 925 905 952 -3.0 3.6

West Moreton 146 150 147 144 134 156 158 154 157 155 151 155 2.4 2.9

Wide Bay/Burnett 298 286 279 289 293 286 288 286 290 290 288 298 -0.1 1.2

Darling Downs 499 588 636 654 655 760 777 679 569 723 769 851 20.8 1.4

South West 78 73 77 83 79 76 81 73 153 168 152 171 -0.8 108.8

Fitzroy 753 761 819 887 809 840 912 856 947 913 858 940 6.1 7.1

Central West 39 36 38 39 36 37 37 37 44 224 356 447 -2.5 624.0

Mackay 832 835 933 1072 870 565 353 342 370 438 469 536 -42.0 -14.9

Northern 410 529 584 612 606 661 572 550 589 587 572 600 11.9 -1.7

Far North 522 541 543 545 507 588 659 1206 824 868 1256 783 37.6 26.1

North West 55 51 51 56 52 57 62 58 64 154 168 189 7.5 150.6

Queensland 11547 11380 11543 11750 11158 11074 11077 11081 11107 11497 11772 12049 -4.0 4.6


Table 5.7 Value of work done: Total construction activity by region – chain volume measure 2015-16 reference year – Qtr. 1 2017-18 = 100

2017-18

Sep. 2017-18

Dec. 2017-18

Mar. 2017-18

Jun. 2018-19

Sep. 2018-19

Dec. 2018-19

Mar. 2018-19

Jun. 2019-20

Sep. 2019-20

Dec. 2019-20

Mar. 2019-20

Jun.

Actual Forecast

Brisbane 100.0 94.3 94.0 94.4 93.3 89.8 91.2 86.7 90.2 88.4 84.9 89.4

Gold Coast 100.0 96.2 92.6 88.2 79.4 83.3 85.2 81.2 83.6 82.3 79.8 83.7

Sunshine Coast 100.0 97.8 96.1 94.8 89.8 95.3 97.9 94.0 97.9 97.3 95.2 100.2

West Moreton 100.0 102.5 100.6 98.6 91.4 106.6 108.2 105.2 107.7 106.4 103.3 105.9

Wide Bay/Burnett 100.0 95.9 93.4 97.0 98.0 95.8 96.4 95.8 97.2 97.3 96.4 99.8

Darling Downs 100.0 117.8 127.6 131.2 131.2 152.4 155.8 136.2 114.0 144.9 154.2 170.6

South West 100.0 93.6 98.6 105.8 100.5 97.6 103.7 93.0 196.0 214.3 195.1 219.0

Fitzroy 100.0 101.0 108.7 117.8 107.3 111.5 121.1 113.6 125.7 121.2 113.9 124.8

Central West 100.0 91.5 96.7 100.8 93.1 94.8 95.9 95.4 112.0 573.3 913.9 1146.4

Mackay 100.0 100.4 112.2 128.9 104.6 67.9 42.5 41.2 44.4 52.6 56.4 64.4

Northern 100.0 129.0 142.3 149.2 147.7 161.2 139.3 134.1 143.6 143.1 139.5 146.2

Far North 100.0 103.5 104.0 104.3 97.1 112.5 126.1 230.8 157.8 166.2 240.5 149.8

North West 100.0 92.8 93.3 100.9 94.1 104.3 112.1 105.7 116.6 278.8 304.5 342.5

Queensland 100.0 98.6 100.0 101.8 96.6 95.9 95.9 96.0 96.2 99.6 101.9 104.4


Table 5.8 Queensland construction industry – real quarterly price growth at annual rates (%)

2017-18

June 2017-18

September 2017-18

December 2017-18

March 2018-19

June 2018-19

September 2018-19

December 2018-19

March 2019-20

June

Average 2017-18 and

2019-20

Actual Forecast

Non-residential building 2.4 1.3 6.1 6.7 5.2 -2.5 -0.9 0.3 1.9 1.6

Residential building 0.8 0.9 0.6 0.3 0.3 -0.4 -0.6 -0.5 -0.5 0.3

Engineering construction 0.4 0.6 0.4 0.3 0.4 -0.2 0.5 0.9 1.3 0.5

Total construction 1.0 0.9 1.6 1.6 1.3 -0.8 -0.3 0.1 0.5 0.6

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-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20

Brisbane -8.5 -10.7 -12.9 -15.1 -16.1 -17.0 -18.0 -18.9 -14.1 -9.4

Gold Coast -3.4 -4.8 -6.2 -7.6 -7.8 -7.9 -8.1 -8.2 -6.2 -4.2

Sunshine Coast 1.3 1.0 0.7 0.5 0.6 0.7 0.7 0.8 0.7 0.4

West Moreton 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.3 0.2

Wide Bay/Burnett -1.8 -1.8 -1.9 -1.9 -1.9 -1.9 -1.9 -1.9 -1.3 -0.8

Darling Downs 0.6 1.1 1.7 2.2 2.3 2.3 2.3 2.3 3.5 2.9

South West -0.4 -0.5 -0.7 -0.8 -0.6 -0.4 -0.3 -0.1 0.3 0.3

Fitzroy -1.4 -1.1 -0.8 -0.4 -0.3 -0.3 -0.2 -0.1 1.3 1.3

Central West -0.7 -0.7 -0.8 -0.9 -0.4 0.0 0.4 0.9 0.8 0.6

Mackay -0.8 -1.9 -2.9 -4.0 -4.5 -5.0 -5.5 -6.0 -4.6 -3.1

Northern -4.5 -4.3 -4.0 -3.7 -3.7 -3.8 -3.9 -4.0 0.1 1.1

Far North 1.2 2.5 3.8 5.1 6.4 7.6 8.9 10.2 8.2 5.7

North West -2.0 -1.9 -1.8 -1.7 -1.5 -1.2 -0.9 -0.6 -0.3 -0.1

Queensland -20.1 -22.8 -25.4 -28.0 -27.3 -26.6 -25.9 -25.2 -11.4 -5.1

Trend Queensland construction workers unemployed (‘000) 11.3 12.0 10.0 10.2 10.1 10.1 0.0 9.6 0.0 0.0



124 124

Appendix A

Additional annual tables


Table A.1 Total regional population – ‘000

Fiscal years 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 2373 2417 2458 2495 2532 2569 2610 2652 2695 2738 2781

Gold Coast 607 621 634 645 658 671 685 699 714 729 744

Sunshine Coast 374 382 389 397 404 411 418 426 434 442 450

West Moreton 109 111 114 116 118 120 122 124 127 129 131

Wide Bay/Burnett 298 302 305 307 310 313 315 318 321 324 327

Darling Downs 249 252 255 257 258 260 262 264 266 268 270

South West 25 25 25 25 25 25 25 25 25 25 25

Fitzroy 230 234 237 240 243 246 249 253 256 259 262

Central West 11 11 11 11 11 10 10 10 10 10 10

Mackay 175 177 180 182 184 186 189 191 194 196 199

Northern 239 244 248 251 255 258 262 265 269 273 276

Far North 288 292 296 299 302 305 309 312 315 319 322

North West 31 31 31 31 31 32 32 32 32 32 32

Queensland 5008 5098 5181 5256 5331 5406 5488 5573 5658 5744 5830

Table A.2 Share of regional population in total Queensland population – %

Fiscal years 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 47.4 47.4 47.4 47.5 47.5 47.5 47.6 47.6 47.6 47.7 47.7

Gold Coast 12.1 12.2 12.2 12.3 12.3 12.4 12.5 12.6 12.6 12.7 12.8

Sunshine Coast 7.5 7.5 7.5 7.5 7.6 7.6 7.6 7.6 7.7 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 2.3

Wide Bay/Burnett 5.9 5.9 5.9 5.8 5.8 5.8 5.7 5.7 5.7 5.6 5.6

Darling Downs 5.0 4.9 4.9 4.9 4.8 4.8 4.8 4.7 4.7 4.7 4.6

South West 0.5 0.5 0.5 0.5 0.5 0.5 0.4 0.4 0.4 0.4 0.4

Fitzroy 4.6 4.6 4.6 4.6 4.6 4.6 4.5 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 3.4 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 4.7 4.7

Far North 5.8 5.7 5.7 5.7 5.7 5.6 5.6 5.6 5.6 5.6 5.5

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 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 32.8 34.5 33.7 36.6 32.2 33.7 40.1 49.3 49.3 45.9 46.6 44.0 42.1 43.7 44.3 44.7 42.1 41.7 43.9 44.8

Gold Coast 44.2 42.2 30.2 33.0 30.5 31.3 34.7 47.0 52.0 51.9 53.1 52.7 51.5 53.5 53.5 52.2 49.2 48.5 50.9 51.8

Sunshine Coast 43.5 43.2 38.5 40.2 34.7 31.1 36.1 49.4 51.6 52.1 53.9 50.9 49.2 51.9 52.6 52.3 49.5 49.0 51.1 51.9

West Moreton 33.5 31.9 38.2 45.1 47.3 44.3 47.4 53.5 51.3 54.0 52.8 50.4 50.7 52.8 54.0 52.4 50.6 49.5 51.1 52.1

Wide Bay/Burnett 58.3 56.7 51.4 49.2 49.9 51.4 52.0 57.7 58.2 61.6 62.1 61.4 56.6 60.3 59.9 59.1 58.3 58.7 59.6 60.8

Darling Downs 21.0 26.2 22.4 21.1 20.3 20.1 19.1 24.0 25.5 23.4 20.7 20.0 20.4 29.3 31.4 31.3 29.4 27.3 26.0 26.9

South West 11.7 13.1 5.0 4.0 5.2 5.3 2.9 3.6 4.6 8.3 10.7 5.5 5.6 11.7 14.6 13.8 12.2 12.0 12.7 9.1

Fitzroy 33.0 29.9 13.4 3.2 3.9 4.2 7.3 15.2 12.5 12.4 13.9 15.1 14.7 14.3 13.9 15.7 14.5 15.8 17.7 17.4

Central West 6.6 7.8 8.4 10.6 6.8 4.0 2.1 4.7 5.0 5.5 6.0 0.9 0.6 0.9 1.7 4.6 3.9 1.7 1.1 2.4

Mackay 26.9 30.0 23.8 25.0 29.2 31.7 20.1 19.8 13.6 10.3 22.7 27.8 13.6 10.5 11.5 15.6 23.3 27.0 29.1 25.2

Northern 31.4 31.2 26.8 29.7 28.3 29.6 32.3 34.5 29.8 23.3 25.2 28.7 30.9 31.3 32.0 34.2 30.8 34.5 36.5 37.3

Far North 35.8 33.3 31.4 32.8 30.8 31.9 36.5 47.8 45.2 33.5 31.2 27.0 37.7 37.8 41.4 45.8 46.7 46.6 39.5 37.5

North West 7.1 8.1 7.6 9.2 7.8 8.4 5.9 6.3 5.4 10.5 13.4 6.5 4.2 3.5 4.4 7.1 8.2 10.6 14.4 9.7

Queensland 34.9 35.5 30.0 22.7 20.1 20.6 29.6 41.8 42.5 39.2 40.4 37.6 35.1 36.2 37.5 39.9 38.9 39.2 40.5 40.8

Table A.3(b) Total Queensland construction by region – share of non-residential activity in total regional activity (%)

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 22.3 21.0 20.1 23.6 21.8 18.4 16.5 18.4 17.2 19.0 17.0 17.6 17.7 18.4 18.8 19.3 17.2 17.0 16.3 16.4

Gold Coast 10.7 16.9 25.6 19.7 14.3 15.3 18.2 20.4 18.0 20.0 16.2 15.9 16.1 16.7 16.7 16.6 15.1 15.0 14.3 14.4

Sunshine Coast 9.2 9.8 9.4 10.7 12.9 20.6 19.5 13.9 13.4 15.7 12.2 11.3 10.9 11.3 11.6 11.6 10.4 10.2 9.7 9.5

West Moreton 22.7 31.6 18.3 10.3 8.2 10.6 7.9 7.9 11.8 18.1 15.2 17.0 20.1 21.5 22.2 22.4 21.2 21.5 19.6 19.9

Wide Bay/Burnett 12.6 15.2 18.9 14.7 10.7 16.0 18.1 19.4 18.7 19.0 17.4 16.9 15.7 16.3 16.4 16.5 15.4 15.5 14.6 14.8

Darling Downs 6.7 7.6 8.7 8.3 7.1 9.3 10.8 20.1 20.1 16.6 11.4 9.5 8.6 11.0 11.1 10.7 9.2 8.4 7.5 7.7

South West 5.3 7.6 4.8 2.8 3.4 3.9 2.0 2.5 3.3 10.0 13.1 4.9 4.2 7.3 8.8 8.7 7.5 7.5 7.2 5.1

Fitzroy 11.4 12.5 6.3 1.5 2.5 3.3 4.8 6.9 5.1 5.3 6.5 6.2 6.2 6.0 6.0 7.0 6.2 6.7 6.8 6.5

Central West 4.3 5.4 9.0 9.6 5.1 5.0 2.1 5.3 9.0 10.5 14.0 1.9 1.2 1.6 2.8 7.7 6.2 2.7 1.5 3.3

Mackay 11.5 13.9 22.7 20.3 13.3 14.3 9.3 9.0 4.2 2.6 5.6 8.3 4.6 3.8 4.3 6.1 8.8 10.3 10.0 8.5

Northern 14.2 16.9 18.6 18.7 24.2 26.0 13.0 19.4 22.4 18.7 18.1 19.2 20.9 20.3 20.8 22.7 19.5 21.9 20.7 20.7

Far North 20.4 24.8 18.9 22.0 18.8 11.3 10.2 11.8 11.4 12.7 10.4 9.4 13.8 13.9 15.3 17.1 16.6 16.3 12.2 11.2

North West 4.8 5.4 10.3 14.1 16.1 23.2 14.8 7.8 6.7 7.6 9.6 4.6 3.2 2.7 3.5 5.9 6.6 8.6 10.6 7.0

Queensland 16.6 17.8 17.7 13.0 11.6 11.5 13.3 16.4 15.3 16.0 14.3 13.8 13.4 13.7 14.3 15.5 14.4 14.4 13.5 13.4


Table A.3(c) Total Queensland construction by region – share of total engineering activity in total regional activity (%)

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 44.9 44.5 46.2 39.8 46.1 47.9 43.4 32.4 33.5 35.1 36.4 38.4 40.2 37.9 36.9 36.1 40.7 41.3 39.8 38.8

Gold Coast 45.1 41.0 44.1 47.4 55.2 53.4 47.1 32.6 30.0 28.1 30.7 31.4 32.4 29.7 29.8 31.2 35.7 36.4 34.8 33.8

Sunshine Coast 47.3 46.9 52.2 49.1 52.5 48.3 44.3 36.7 35.0 32.2 33.9 37.7 40.0 36.8 35.8 36.1 40.1 40.8 39.3 38.5

West Moreton 43.9 36.4 43.5 44.6 44.5 45.0 44.7 38.6 36.8 27.9 32.0 32.6 29.2 25.7 23.8 25.3 28.2 28.9 29.3 28.0

Wide Bay/Burnett 29.1 28.1 29.7 36.1 39.3 32.6 29.9 22.8 23.1 19.4 20.5 21.8 27.8 23.4 23.7 24.4 26.3 25.8 25.8 24.4

Darling Downs 72.3 66.1 68.8 70.6 72.6 70.6 70.1 55.9 54.5 60.0 67.9 70.4 71.0 59.8 57.5 58.0 61.3 64.3 66.5 65.4

South West 83.0 79.3 90.2 93.2 91.5 90.7 95.1 94.0 92.1 81.6 76.2 89.5 90.1 81.0 76.6 77.5 80.3 80.5 80.1 85.7

Fitzroy 55.7 57.7 80.4 95.4 93.6 92.5 87.9 77.9 82.4 82.2 79.6 78.7 79.1 79.6 80.1 77.3 79.4 77.5 75.5 76.1

Central West 89.0 86.8 82.6 79.8 88.1 91.0 95.7 90.0 86.0 83.9 79.9 97.2 98.3 97.4 95.5 87.7 89.9 95.6 97.5 94.3

Mackay 61.6 56.1 53.5 54.7 57.4 54.1 70.6 71.2 82.3 87.0 71.7 63.9 81.8 85.7 84.2 78.3 67.9 62.7 60.9 66.3

Northern 54.4 51.8 54.6 51.7 47.5 44.4 54.7 46.2 47.9 58.1 56.7 52.0 48.2 48.4 47.2 43.0 49.7 43.6 42.8 42.0

Far North 43.8 42.0 49.7 45.1 50.4 56.7 53.3 40.4 43.4 53.8 58.4 63.7 48.5 48.4 43.3 37.0 36.7 37.1 48.3 51.3

North West 88.1 86.4 82.0 76.7 76.2 68.4 79.3 85.8 88.0 81.9 77.0 88.8 92.6 93.7 92.1 87.0 85.2 80.8 75.0 83.3

Queensland 48.5 46.7 52.3 64.3 68.3 67.9 57.2 41.7 42.2 44.7 45.3 48.6 51.5 50.1 48.2 44.7 46.8 46.4 46.0 45.8

Table A.4 Share of public expenditures in regional total expenditures (%)

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 14.4 18.9 18.2 19.7 16.5 12.6 9.5 8.3 7.4 8.0 10.1 12.3 13.9 13.6 12.5 11.1 9.9 10.0 9.4 9.2

Gold Coast 8.2 14.6 23.6 20.1 14.1 11.4 6.9 7.5 6.6 4.9 5.5 6.3 8.3 8.4 8.0 8.1 7.7 8.4 7.5 7.4

Sunshine Coast 8.3 11.5 11.1 11.1 10.2 9.6 7.6 9.8 8.0 5.5 8.8 12.9 15.6 14.9 12.9 10.4 8.8 8.6 8.3 8.1

West Moreton 31.4 41.7 26.8 19.9 21.2 23.5 15.1 13.8 15.4 10.6 17.4 21.0 21.0 20.6 19.0 20.4 20.8 23.0 23.2 23.1

Wide Bay/Burnett 25.5 29.7 35.8 36.8 37.3 32.4 27.5 21.0 20.2 19.5 22.1 23.0 27.7 23.0 21.1 22.9 23.3 25.2 26.6 25.6

Darling Downs 6.9 10.5 10.4 10.4 12.5 14.3 13.0 19.1 19.3 14.6 16.9 20.2 24.8 34.2 33.5 28.8 25.5 22.8 21.4 21.2

South West 19.9 23.7 8.8 9.8 4.5 4.4 3.0 6.3 11.3 20.7 22.1 9.2 9.9 19.7 25.1 23.7 21.1 21.6 23.3 15.7

Fitzroy 15.9 24.0 12.4 2.3 2.5 2.5 4.7 12.4 10.0 9.0 12.8 15.5 18.2 17.7 14.1 13.4 11.6 10.8 10.4 9.5

Central West 22.3 25.3 20.7 25.6 14.3 8.9 5.1 19.1 22.5 18.2 27.4 8.8 6.7 5.5 7.4 20.0 17.2 7.8 5.0 10.6

Mackay 21.5 24.8 24.1 14.5 9.2 9.8 6.8 6.9 6.9 4.1 9.9 17.4 17.0 14.2 11.9 8.6 11.0 12.5 12.3 12.9

Northern 13.6 21.4 21.6 19.7 25.1 28.2 15.0 15.3 18.1 15.9 20.6 27.0 30.2 27.7 25.4 23.2 19.3 21.9 21.1 20.8

Far North 19.2 26.8 22.3 27.9 28.1 21.8 18.2 19.2 19.3 15.0 12.9 12.6 19.8 18.6 18.3 17.4 16.9 16.9 13.2 12.0

North West 13.3 13.3 21.0 26.4 30.1 24.3 16.0 27.9 28.8 26.9 31.6 16.5 12.2 9.3 10.1 13.5 14.7 18.6 24.2 15.7

Queensland 14.1 19.3 18.7 13.1 11.1 9.5 9.2 10.4 9.6 8.7 11.5 13.7 15.8 15.4 14.1 12.9 12.0 12.1 11.4 11.1


Table A.5(a) Queensland construction by region – share of public residential expenditure in total regional residential expenditure (%)

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 1.3 2.6 3.3 0.9 0.3 0.5 0.7 0.5 0.5 0.6 0.5 0.6 0.7 0.7 0.7 0.8 0.8 0.8 0.8 0.8

Gold Coast 0.2 0.7 1.2 0.6 0.2 0.0 0.3 0.3 0.3 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Sunshine Coast 0.5 1.1 1.3 0.3 0.0 0.0 0.0 0.1 0.3 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.2 0.3 0.2 0.2

West Moreton 0.2 1.1 1.0 0.6 0.6 0.0 0.1 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

Wide Bay/Burnett 1.0 1.8 7.2 0.8 0.2 0.3 0.3 0.3 0.4 1.0 0.7 0.8 0.9 0.8 0.9 0.9 0.9 0.9 0.9 0.9

Darling Downs 1.2 2.2 2.9 0.6 0.6 0.8 1.3 0.5 0.2 0.3 0.3 0.3 0.3 0.3 0.3 0.4 0.4 0.4 0.4 0.4

South West 4.5 2.1 3.7 0.8 1.2 0.9 1.0 0.3 1.1 1.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Fitzroy 0.8 4.3 8.0 1.5 3.5 4.9 2.7 0.5 0.7 1.2 0.8 0.8 0.8 0.7 0.7 0.8 0.8 0.8 0.8 0.8

Central West 4.3 4.8 3.5 9.0 2.0 1.5 3.9 0.7 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0

Mackay 2.3 2.5 4.1 1.4 0.7 0.5 0.4 0.4 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1

Northern 2.4 11.0 13.0 6.3 1.7 4.7 1.6 4.2 2.9 6.2 5.1 5.2 5.4 5.1 5.2 5.4 5.5 5.5 5.5 5.5

Far North 1.3 3.9 8.3 2.4 2.1 2.5 3.8 5.8 6.9 9.2 6.9 7.2 7.4 6.9 6.9 7.1 7.2 7.2 7.1 7.1

North West 13.6 4.8 18.5 28.0 11.8 9.9 9.2 28.4 1.2 33.5 30.1 27.9 27.5 26.0 26.2 26.8 27.1 27.0 27.1 27.3

Queensland 1.1 2.6 4.0 1.2 0.7 1.1 0.8 0.8 0.7 1.0 0.9 1.1 1.2 1.1 1.2 1.2 1.2 1.2 1.2 1.2

Table A.5(b) Queensland construction by region – share of public non-residential building expenditure in total regional non-residential building expenditure (%)

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 24 40 40 39 32 26 23 19 13 15 23 24 28 24 23 24 25 28 25 26

Gold Coast 14 52 71 59 37 30 12 15 9 5 10 17 25 25 24 26 28 32 29 31

Sunshine Coast 28 48 44 27 18 11 8 32 24 8 15 18 22 19 18 19 20 22 18 19

West Moreton 81 90 78 45 41 59 47 25 8 9 16 27 39 39 39 42 45 50 47 49

Wide Bay/Burnett 22 44 45 38 33 33 30 24 14 22 32 29 31 26 24 24 24 27 24 26

Darling Downs 21 32 34 22 15 14 27 24 13 19 28 27 29 24 23 24 25 29 26 28

South West 77 71 65 37 21 39 25 24 41 68 72 61 56 43 38 37 36 37 31 30

Fitzroy 16 29 37 29 23 32 25 29 25 39 48 35 33 26 24 24 24 25 21 20

Central West 62 69 75 84 77 44 33 81 72 66 62 53 49 40 37 38 40 43 37 36

Mackay 10 35 41 25 18 29 13 7 13 19 24 23 28 25 23 25 26 29 26 27

Northern 47 60 57 34 51 65 29 25 26 37 46 40 40 34 31 32 33 36 32 33

Far North 51 71 62 59 61 49 31 27 29 29 34 31 33 29 26 27 29 31 27 27

North West 27 50 53 46 50 32 8 25 46 43 40 38 40 34 30 30 30 31 26 26

Queensland 27 47 49 40 33 30 20 20 15 16 24 25 29 26 24 25 27 29 26 27


Table A.5(c) Queensland construction by region – share of public engineering in total regional engineering expenditure (including Commonwealth) – %

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 19.3 21.6 19.8 25.8 20.7 15.9 12.6 14.2 14.6 14.0 16.4 20.2 21.8 23.2 21.3 17.0 12.9 12.1 12.5 11.8

Gold Coast 14.7 13.5 11.3 17.5 16.0 12.9 10.0 13.3 15.9 14.0 12.6 11.4 12.9 14.1 13.2 12.0 9.5 9.5 9.5 8.6

Sunshine Coast 11.7 13.2 12.4 16.5 15.0 15.2 13.6 14.7 13.2 13.0 20.5 28.5 32.9 34.2 30.0 22.4 16.6 15.5 16.4 15.9

West Moreton 29.6 35.6 28.0 33.6 39.5 38.4 25.4 30.7 39.1 32.5 46.7 50.1 45.0 47.4 43.7 43.5 39.9 42.2 47.8 47.6

Wide Bay/Burnett 52.8 76.4 78.3 79.1 85.3 85.6 82.6 73.1 70.2 74.9 75.7 78.4 80.3 80.7 78.0 70.5 75.3 72.1 79.4 87.3

Darling Downs 7.2 11.4 9.9 11.9 15.6 18.2 14.0 25.2 30.7 19.1 20.0 24.9 31.4 52.5 53.7 44.9 37.5 31.5 29.1 28.9

South West 18.5 22.7 6.1 9.3 4.0 3.1 2.6 6.0 10.7 16.9 16.6 6.9 8.4 20.5 28.4 26.5 22.9 23.3 26.3 16.5

Fitzroy 24.8 33.0 11.3 1.9 1.9 1.3 3.7 13.3 10.5 8.3 12.1 16.9 20.3 20.1 15.7 15.1 12.7 11.7 11.8 10.5

Central West 21.7 24.4 16.6 20.8 11.6 7.3 4.5 16.4 18.7 13.4 23.4 8.0 6.2 5.0 6.7 19.5 16.4 7.0 4.5 10.0

Mackay 32.0 34.2 25.7 16.5 11.4 10.1 7.9 8.7 7.7 4.1 12.0 24.1 19.2 15.4 13.0 9.1 12.8 15.1 15.9 16.0

Northern 11.5 14.9 13.7 22.3 25.6 22.2 19.5 19.3 23.6 12.9 19.5 34.2 42.0 40.0 36.6 32.7 22.4 27.6 29.0 28.4

Far North 19.3 18.8 16.2 31.0 31.8 27.1 25.7 32.7 29.9 15.2 12.3 12.1 25.7 24.9 26.2 25.4 23.9 22.9 14.6 12.2

North West 12.5 11.8 17.2 22.6 27.7 23.4 18.0 28.1 29.1 24.6 30.8 14.6 10.6 8.0 8.5 11.3 12.3 16.2 23.4 13.5

Queensland 19.0 21.3 17.0 11.9 10.5 8.6 10.9 16.2 16.6 13.0 16.8 20.1 22.4 23.0 21.3 19.1 16.4 15.9 16.0 15.2

Table A.6 Queensland regional construction value of work done: chain volume measure (2015-16 $M) Private housing expenditure on new construction and alterations (excluding other work done)

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 5206 5039 4898 4809 4280 4790 6549 8274 8408 7033 6228 5424 5154 5201 5303 5454 5737 6219 6819 7393

Gold Coast 2103 1914 1258 923 795 939 1260 1968 2499 2406 1998 1939 1888 1963 2070 2178 2320 2534 2790 3027

Sunshine Coast 1214 1051 938 761 673 739 1013 1205 1336 1402 1337 1271 1237 1261 1300 1348 1423 1543 1683 1811

West Moreton 235 260 232 190 222 186 185 186 193 224 217 207 200 203 208 215 227 246 269 291

Wide Bay/Burnett 750 693 568 433 398 386 418 430 446 433 421 411 408 420 434 450 473 510 549

Darling Downs 357 475 508 414 470 498 498 466 415 385 388 369 358 361 367 375 391 419 449 477

South West 18 21 17 24 49 51 28 19 10 9 13 15 16 18 19 20 21 23 25 27

Fitzroy 476 361 364 498 795 924 464 275 213 178 266 337 368 398 422 443 472 513 558 598

Central West 8 8 9 12 13 9 6 5 2 3 3 3 3 3 3 4 4 4 4 5

Mackay 484 547 472 449 726 814 418 213 136 168 289 304 317 343 366 385 410 447 491 535

Northern 745 607 484 482 513 497 490 400 279 234 324 385 413 441 464 486 515 560 610 656

Far North 686 513 401 427 401 331 334 408 383 390 574 636 672 717 757 795 845 919 999 1074

North West 21 24 23 19 19 24 20 10 7 6 13 19 21 22 23 24 25 27 28 30

Queensland 12304 11513 10172 9440 9355 10186 11683 13858 14328 12871 12070 11320 11055 11351 11736 12176 12864 13963 15275 16509


Table A.7 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Public housing

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 94 191 243 61 17 35 62 49 54 53 46 52 57 56 59 64 69 73 78 83

Gold Coast 6 19 24 9 2 0 6 8 10 1 1 1 1 1 1 1 2 2 2 2

Sunshine Coast 9 18 18 4 0 0 0 2 5 4 3 4 4 4 5 5 5 6 6 6

West Moreton 1 4 3 2 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Wide Bay/Burnett 10 18 64 6 1 2 2 2 3 7 5 6 6 6 6 7 7 8 8 9

Darling Downs 6 14 21 4 4 5 8 3 1 2 2 2 2 2 2 2 2 2 3 3

South West 2 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Fitzroy 5 24 47 10 34 56 18 2 3 5 4 4 5 5 5 5 6 6 6 7

Central West 1 1 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Mackay 15 18 26 8 6 4 2 2 0 1 0 0 1 1 1 1 1 1 1 1

Northern 23 103 99 43 12 33 11 27 15 31 31 35 38 37 40 43 46 49 52 55

Far North 12 33 56 15 13 14 22 40 47 66 63 72 78 76 81 87 93 98 104 110

North West 4 2 6 9 3 3 3 7 0 8 9 10 11 11 11 12 13 14 14 15

Queensland 188 445 610 175 95 153 135 142 138 177 165 188 202 199 211 227 243 259 275 291

Table A.8 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Non-residential building private

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 3761 2677 2620 2847 2771 2609 2663 3140 3205 3287 2519 2501 2440 2574 2697 2769 2696 2747 2793 2882

Gold Coast 605 535 482 377 401 544 890 1008 1030 1200 799 724 672 697 733 757 744 763 778 801

Sunshine Coast 266 190 187 223 315 678 715 324 364 535 374 345 324 338 355 366 358 367 372 381

West Moreton 40 36 34 35 30 26 23 30 59 97 77 76 74 77 80 82 79 79 79 81

Wide Bay/Burnett 174 149 178 128 87 125 156 173 195 170 136 139 137 147 157 162 159 162 163 167

Darling Downs 131 130 190 205 188 256 271 405 405 322 235 201 172 165 161 156 145 144 146 148

South West 3 6 12 20 32 30 23 19 12 10 11 12 12 14 15 17 17 18 19 20

Fitzroy 185 163 173 228 482 597 318 147 123 105 116 147 166 192 214 229 230 239 245 253

Central West 3 3 5 3 3 10 8 2 4 5 8 9 10 10 11 10 10 10 10 10

Mackay 249 218 351 352 317 307 233 163 85 78 91 115 127 147 164 175 175 181 185 190

Northern 236 202 227 287 285 217 197 270 284 250 236 272 288 320 346 360 353 361 364 372

Far North 274 178 158 175 143 101 111 125 122 193 204 241 258 290 315 330 324 330 332 338

North West 16 11 22 28 29 62 66 22 10 9 13 17 18 22 24 27 27 28 29 30

Queensland 5944 4498 4638 4907 5084 5561 5673 5829 5897 6261 4819 4800 4699 4993 5272 5441 5317 5428 5514 5673


Table A.9 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Non-residential building public

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 1165 1766 1726 1791 1277 936 780 730 491 563 736 792 929 835 808 880 908 1058 926 1015

Gold Coast 100 586 1177 541 235 228 117 174 106 58 89 150 227 232 235 269 295 364 323 362

Sunshine Coast 102 178 149 82 69 83 64 149 113 46 64 76 89 80 77 84 87 100 84 88

West Moreton 173 310 118 28 21 36 21 10 5 9 15 29 48 50 51 59 64 79 70 78

Wide Bay/Burnett 48 117 148 79 43 63 68 56 32 49 65 58 61 51 48 51 51 59 52 57

Darling Downs 34 61 99 59 32 41 101 131 59 73 92 76 70 53 48 50 49 58 52 58

South West 12 15 23 12 9 19 8 6 8 21 29 19 16 10 9 10 10 11 8 9

Fitzroy 35 68 100 91 144 282 108 60 42 67 105 78 82 69 66 71 72 80 64 64

Central West 5 7 14 18 11 8 4 9 10 10 13 11 9 7 6 6 6 7 6 6

Mackay 28 117 245 116 71 127 34 13 13 19 28 35 50 49 50 57 61 74 63 69

Northern 207 307 303 147 301 409 82 92 102 149 197 179 190 161 155 170 176 205 173 185

Far North 280 443 253 256 224 98 50 47 49 80 105 109 129 116 113 124 129 148 122 128

North West 6 11 25 24 29 30 6 7 9 7 9 10 12 11 11 12 12 13 10 10

Queensland 2196 3986 4380 3245 2465 2359 1441 1485 1040 1151 1547 1623 1912 1724 1677 1842 1922 2257 1953 2130

Table A.10 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Private engineering

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 8023 7376 8014 5813 6801 7762 7930 5843 6142 6108 5812 5715 5983 5396 5405 5680 7405 8146 7947 8162

Gold Coast 2548 2355 2531 1822 2072 2347 2351 1634 1597 1523 1475 1530 1572 1418 1497 1697 2221 2470 2424 2497

Sunshine Coast 1670 1523 1642 1171 1332 1513 1527 1069 1080 1036 967 1001 1021 890 934 1084 1425 1582 1550 1595

West Moreton 291 257 260 181 166 161 183 135 122 110 102 101 97 80 79 90 114 123 117 117

Wide Bay/Burnett 120 106 107 75 68 66 99 80 70 54 51 50 68 62 87 78 100 76 48 48

Darling Downs 1661 1466 2056 1981 1905 1854 2065 1112 870 1154 1559 1540 1375 564 502 613 809 1058 1247 1245

South West 195 172 635 977 1081 1077 1422 911 496 211 196 537 545 213 152 171 219 235 223 396

Fitzroy 811 716 3121 20505 22967 24480 7481 2030 2387 2429 2393 2395 2513 2754 3154 2823 3390 3278 3028 3344

Central West 133 117 140 140 215 288 515 164 112 110 91 958 1513 963 524 155 198 561 978 407

Mackay 1008 889 1043 1052 1479 1476 1866 1272 1777 3065 1345 879 2527 3779 3659 2729 1594 1319 1264 1699

Northern 1504 1327 1341 934 855 833 943 697 631 1080 1091 803 640 687 720 676 1046 816 790 809

Far North 958 855 904 609 673 726 626 396 459 981 1515 2087 1011 1064 896 732 764 841 1530 1877

North West 347 306 310 216 198 209 314 232 176 132 122 436 797 1024 836 496 435 323 212 413

Queensland 19268 17465 22104 35475 39811 42793 27323 15576 15920 17992 16718 18032 19662 18896 18445 17024 19721 20828 21358 22609


Table A.11 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Public engineering

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 1914 2032 1974 2020 1775 1465 1140 970 1050 996 1142 1449 1666 1628 1465 1162 1094 1122 1133 1087

Gold Coast 438 368 323 387 393 348 260 251 301 248 213 197 234 233 228 232 233 260 254 236

Sunshine Coast 221 233 231 231 235 272 240 185 165 155 249 400 501 463 401 313 284 290 304 302

West Moreton 122 142 101 91 108 100 62 60 79 53 90 101 80 72 62 69 76 90 107 106

Wide Bay/Burnett 390 384 405 434 408 316 270 189 209 169 185 204 283 221 208 239 258 292 332 322

Darling Downs 130 188 225 267 351 412 337 375 386 273 391 511 628 625 581 501 486 486 511 507

South West 44 51 42 101 46 34 38 58 59 43 39 40 50 55 60 62 65 72 80 78

Fitzroy 268 353 398 405 444 329 287 311 280 219 328 486 640 694 585 501 491 433 404 394

Central West 37 38 28 37 28 23 24 32 26 17 28 84 100 51 37 38 39 42 46 45

Mackay 473 463 361 209 191 166 160 121 148 132 183 279 600 690 545 272 233 235 239 324

Northern 195 232 214 268 294 237 229 166 196 160 264 418 464 457 416 328 303 311 322 321

Far North 230 198 174 273 314 271 217 192 195 176 213 289 350 353 319 249 239 249 262 260

North West 50 41 64 63 76 64 69 91 72 43 54 74 95 89 78 63 61 63 65 64

Queensland 4512 4722 4540 4786 4662 4037 3333 3001 3167 2682 3378 4531 5690 5630 4986 4027 3864 3945 4059 4047

Table A.12 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Non-residential building total

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 4927 4443 4346 4638 4047 3545 3443 3870 3696 3850 3256 3293 3369 3408 3504 3649 3605 3805 3719 3897

Gold Coast 705 1122 1659 917 637 773 1007 1182 1136 1257 888 874 900 929 968 1026 1039 1127 1100 1163

Sunshine Coast 368 368 336 305 384 761 779 474 477 581 438 421 413 418 432 450 445 467 456 470

West Moreton 213 346 151 63 50 62 43 40 65 106 92 105 122 128 132 140 143 158 149 159

Wide Bay/Burnett 222 266 326 207 130 188 224 229 226 219 201 196 198 198 205 213 210 221 216 224

Darling Downs 165 191 289 264 220 297 371 536 464 395 327 277 243 218 209 206 194 202 198 206

South West 15 21 36 33 41 48 31 26 20 31 41 32 28 24 24 26 26 29 27 28

Fitzroy 221 231 274 319 626 880 426 207 164 172 221 226 248 262 281 300 302 319 309 317

Central West 8 10 18 21 14 17 12 12 14 16 21 20 19 17 17 17 16 17 15 16

Mackay 277 335 597 469 388 433 267 176 97 97 119 150 177 196 214 232 236 255 248 260

Northern 443 509 529 434 586 626 278 362 387 398 433 452 478 481 501 530 530 565 537 556

Far North 554 621 410 431 368 199 162 171 172 273 309 350 387 406 428 454 453 478 454 466

North West 22 22 47 51 58 92 71 29 19 16 22 27 30 33 35 38 39 41 39 40

Queensland 8140 8484 9019 8153 7549 7921 7114 7313 6937 7412 6366 6423 6611 6717 6950 7283 7238 7685 7468 7803


Table A.13 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Engineering total

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 9937 9408 9989 7833 8576 9228 9071 6812 7193 7103 6954 7164 7649 7024 6870 6842 8500 9268 9080 9249

Gold Coast 2986 2723 2854 2208 2465 2695 2611 1885 1898 1771 1688 1726 1806 1651 1725 1929 2455 2730 2678 2733

Sunshine Coast 1890 1756 1873 1402 1566 1785 1767 1255 1245 1191 1216 1401 1522 1353 1335 1397 1710 1873 1854 1898

West Moreton 413 399 360 272 274 261 245 195 201 164 192 202 177 152 141 158 190 213 224 223

Wide Bay/Burnett 511 490 512 509 476 383 370 269 279 224 236 254 351 284 296 317 358 368 381 371

Darling Downs 1791 1653 2281 2248 2256 2266 2402 1487 1256 1426 1950 2051 2003 1189 1083 1114 1295 1544 1758 1752

South West 240 223 677 1078 1127 1112 1460 970 556 254 235 577 595 268 212 233 284 307 303 474

Fitzroy 1079 1069 3519 20910 23411 24809 7768 2341 2667 2648 2721 2881 3153 3448 3739 3323 3881 3711 3432 3738

Central West 170 155 168 177 243 311 540 196 138 127 118 1041 1613 1014 561 193 237 603 1025 452

Mackay 1481 1352 1404 1261 1669 1642 2025 1393 1925 3197 1528 1159 3127 4469 4204 3002 1828 1554 1503 2023

Northern 1698 1559 1555 1202 1149 1070 1172 864 827 1239 1354 1221 1104 1144 1135 1003 1348 1126 1112 1130

Far North 1188 1053 1078 883 987 996 843 589 654 1157 1728 2376 1361 1417 1215 981 1003 1091 1792 2137

North West 397 347 374 279 273 272 383 323 248 175 177 511 892 1113 914 560 496 386 277 477

Queensland 23780 22187 26644 40261 44473 46830 30656 18577 19086 20675 20096 22563 25352 24527 23431 21052 23585 24773 25417 26656

Table A.14 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Total residential (excluding other work done)

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 5300 5230 5140 4871 4297 4825 6611 8323 8462 7085 6273 5477 5211 5257 5362 5518 5805 6293 6898 7476

Gold Coast 2109 1933 1282 932 797 939 1266 1976 2509 2408 1999 1941 1889 1964 2071 2180 2322 2535 2791 3029

Sunshine Coast 1222 1070 956 765 673 739 1013 1207 1341 1406 1340 1275 1241 1265 1305 1353 1428 1548 1689 1817

West Moreton 235 263 235 192 224 186 185 186 193 224 217 207 200 203 208 215 227 246 269 291

Wide Bay/Burnett 760 711 632 439 399 388 420 432 449 440 426 417 414 426 441 456 480 518 557 594

Darling Downs 364 490 529 418 474 504 506 469 416 387 390 371 360 363 369 377 394 421 451 480

South West 20 22 19 24 49 51 29 19 10 9 13 15 16 18 19 20 21 23 25 27

Fitzroy 481 385 411 508 829 979 482 277 216 183 270 341 372 403 426 448 477 519 564 605

Central West 8 9 9 14 13 9 7 5 2 3 3 3 3 3 3 4 4 4 4 5

Mackay 499 565 497 457 732 818 421 215 136 169 289 304 318 343 366 386 411 448 492 536

Northern 769 710 584 526 525 530 501 427 294 265 355 421 451 479 503 528 561 609 662 711

Far North 698 546 458 442 414 344 356 448 430 456 637 708 750 793 838 881 938 1017 1104 1185

North West 26 26 29 28 23 27 22 17 8 14 23 29 32 33 34 36 38 40 43 45

Queensland 12492 11958 10782 9616 9450 10340 11818 14000 14466 13048 12234 11508 11257 11550 11947 12403 13107 14221 15549 16800


Table A.15 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Total public sector engineering (including Commonwealth)

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 3174 3989 3943 3873 3068 2436 1982 1749 1595 1611 1924 2293 2651 2518 2332 2106 2071 2254 2137 2185

Gold Coast 545 973 1524 936 631 576 383 433 418 306 304 348 463 465 464 502 530 626 578 600

Sunshine Coast 332 429 398 317 304 355 304 336 283 205 316 480 594 547 482 401 377 397 394 397

West Moreton 296 456 221 121 130 136 83 70 84 62 104 130 127 122 113 128 140 169 177 184

Wide Bay/Burnett 448 518 617 519 452 381 340 247 244 225 255 268 350 278 263 296 317 359 393 389

Darling Downs 170 263 346 330 388 458 446 509 446 348 484 589 700 680 631 553 538 547 566 567

South West 58 67 66 113 55 53 46 65 68 65 68 59 66 65 69 71 74 82 88 87

Fitzroy 308 445 545 507 621 667 413 374 324 291 437 569 727 768 656 577 568 519 474 465

Central West 43 45 42 57 39 30 29 42 36 28 41 94 110 57 44 44 45 49 52 51

Mackay 516 598 632 333 267 297 196 135 161 151 211 315 650 740 596 330 295 309 303 394

Northern 425 642 616 459 607 679 321 285 313 339 492 633 692 656 610 540 525 564 547 560

Far North 522 673 484 545 551 383 289 279 292 322 381 470 556 546 513 460 461 496 489 499

North West 60 53 96 96 108 97 77 105 81 57 72 95 118 111 100 87 86 89 89 90

Queensland 6896 9153 9530 8206 7221 6550 4909 4628 4345 4010 5090 6343 7805 7553 6874 6095 6028 6460 6287 6468

Table A.16 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Private residential (other work done)

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 1952 2081 2150 2316 1687 1675 1765 2046 2131 2215 2621 2738 2796 2850 2904 2946 2992 3069 3136 3211

Gold Coast 817 870 675 606 567 642 659 742 778 863 922 962 985 1006 1028 1047 1068 1100 1130 1163

Sunshine Coast 519 548 424 384 362 412 426 482 493 517 589 616 631 645 658 670 683 702 720 739

West Moreton 80 86 81 83 67 71 74 84 86 93 101 105 107 109 112 113 115 118 121 124

Wide Bay/Burnett 262 280 254 254 205 216 222 249 254 270 289 298 301 304 308 310 312 318 323 328

Darling Downs 156 166 215 253 158 141 149 170 171 169 205 212 216 219 223 225 228 233 237 242

South West 14 15 19 22 14 14 15 18 17 17 20 20 21 21 21 22 22 23 23 24

Fitzroy 158 169 174 187 140 149 161 182 190 218 205 211 215 218 223 226 230 237 243 249

Central West 5 5 8 10 6 5 5 6 6 5 6 6 6 6 6 6 6 7 7 7

Mackay 146 159 128 119 117 143 155 173 181 211 194 200 203 206 210 213 216 221 226 232

Northern 212 229 180 165 158 184 192 217 220 232 247 254 258 262 266 270 274 281 287 294

Far North 273 289 223 200 190 216 222 247 251 265 286 298 306 314 323 331 340 352 364 376

North West 6 7 6 5 5 6 6 7 8 9 8 8 9 9 9 10 10 10 10 11

Queensland 4600 4903 4536 4604 3676 3873 4051 4621 4786 5085 5694 5931 6053 6171 6291 6389 6497 6671 6826 6997


Table A.17 Queensland regional construction value of work done: chain volume measure (2015-16 $M) – Total construction

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 22116 21162 21624 19658 18608 19272 20889 21051 21481 20254 19104 18672 19024 18539 18640 18955 20902 22435 22833 23833

Gold Coast 6618 6648 6470 4663 4466 5049 5543 5784 6321 6299 5497 5503 5579 5549 5792 6181 6883 7493 7699 8089

Sunshine Coast 4000 3741 3590 2856 2986 3696 3985 3417 3556 3696 3583 3713 3807 3680 3731 3870 4266 4591 4719 4924

West Moreton 942 1094 828 610 615 580 547 504 545 587 601 618 606 592 592 627 676 735 763 796

Wide Bay/Burnett 1754 1746 1725 1409 1210 1174 1236 1179 1208 1152 1151 1166 1265 1212 1249 1296 1361 1425 1476 1517

Darling Downs 2475 2499 3315 3183 3108 3207 3428 2661 2307 2377 2871 2912 2821 1989 1884 1923 2111 2400 2645 2679

South West 289 281 750 1157 1232 1225 1535 1032 603 311 308 644 660 331 276 301 353 381 379 553

Fitzroy 1939 1854 4377 21924 25006 26817 8837 3007 3237 3221 3417 3659 3988 4331 4669 4298 4891 4787 4547 4909

Central West 191 179 203 221 275 341 564 218 160 152 148 1071 1642 1041 588 220 263 630 1051 480

Mackay 2404 2411 2626 2305 2906 3037 2868 1956 2340 3673 2131 1813 3824 5215 4995 3832 2691 2477 2469 3050

Northern 3122 3007 2848 2326 2419 2410 2143 1870 1728 2135 2389 2348 2291 2366 2406 2332 2714 2582 2598 2690

Far North 2714 2508 2169 1956 1958 1756 1582 1455 1507 2151 2959 3732 2804 2931 2804 2647 2733 2938 3714 4164

North West 451 402 456 363 359 398 483 376 282 213 229 575 963 1188 993 643 582 477 369 573

Queensland 49012 47532 50980 62633 65147 68963 53639 44512 45276 46220 44390 46425 49274 48964 48619 47126 50427 53351 55260 58257

Table A.18 Queensland regional construction value of work done: chain volume measure (2015-16 %) – Total construction expenditure share of State total

Fiscal years 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 45.1 44.5 42.4 31.4 28.6 27.9 38.9 47.3 47.4 43.8 43.0 40.2 38.6 37.9 38.3 40.2 41.5 42.1 41.3 40.9

Gold Coast 13.5 14.0 12.7 7.4 6.9 7.3 10.3 13.0 14.0 13.6 12.4 11.9 11.3 11.3 11.9 13.1 13.7 14.0 13.9 13.9

Sunshine Coast 8.2 7.9 7.0 4.6 4.6 5.4 7.4 7.7 7.9 8.0 8.1 8.0 7.7 7.5 7.7 8.2 8.5 8.6 8.5 8.5

West Moreton 1.9 2.3 1.6 1.0 0.9 0.8 1.0 1.1 1.2 1.3 1.4 1.3 1.2 1.2 1.2 1.3 1.3 1.4 1.4 1.4

Wide Bay/Burnett 3.6 3.7 3.4 2.2 1.9 1.7 2.3 2.6 2.7 2.5 2.6 2.5 2.6 2.5 2.6 2.8 2.7 2.7 2.7 2.6

Darling Downs 5.0 5.3 6.5 5.1 4.8 4.7 6.4 6.0 5.1 5.1 6.5 6.3 5.7 4.1 3.9 4.1 4.2 4.5 4.8 4.6

South West 0.6 0.6 1.5 1.8 1.9 1.8 2.9 2.3 1.3 0.7 0.7 1.4 1.3 0.7 0.6 0.6 0.7 0.7 0.7 0.9

Fitzroy 4.0 3.9 8.6 35.0 38.4 38.9 16.5 6.8 7.1 7.0 7.7 7.9 8.1 8.8 9.6 9.1 9.7 9.0 8.2 8.4

Central West 0.4 0.4 0.4 0.4 0.4 0.5 1.1 0.5 0.4 0.3 0.3 2.3 3.3 2.1 1.2 0.5 0.5 1.2 1.9 0.8

Mackay 4.9 5.1 5.2 3.7 4.5 4.4 5.3 4.4 5.2 7.9 4.8 3.9 7.8 10.7 10.3 8.1 5.3 4.6 4.5 5.2

Northern 6.4 6.3 5.6 3.7 3.7 3.5 4.0 4.2 3.8 4.6 5.4 5.1 4.6 4.8 4.9 4.9 5.4 4.8 4.7 4.6

Far North 5.5 5.3 4.3 3.1 3.0 2.5 2.9 3.3 3.3 4.7 6.7 8.0 5.7 6.0 5.8 5.6 5.4 5.5 6.7 7.1

North West 0.9 0.8 0.9 0.6 0.6 0.6 0.9 0.8 0.6 0.5 0.5 1.2 2.0 2.4 2.0 1.4 1.2 0.9 0.7 1.0

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 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Brisbane 13595 16965 15566 14474 14127 19848 27614 31103 25779 23896 19971 18789 19968 20848 21263 20989 20750 20550 20345 20141

Gold Coast 4504 4208 2972 2577 2678 3897 5547 7492 7557 5932 4920 4717 5115 5520 5778 5751 5709 5665 5617 5569

Sunshine Coast

2780 2963 2533 1984 1809 2739 3622 4323 4664 4677 4030 3861 4136 4343 4444 4396 4345 4287 4222 4158

West Moreton 754 918 620 702 646 557 598 618 664 677 649 620 663 688 696 688 680 672 670 669

Wide Bay/Burnett 3260 1970 2577 1656 1426 1271 1422 1527 1497 1589 1380 1326 1287 1386 1451 1478 1458 1436 1406 1376

Darling Downs 970 1916 1214 1315 1459 1885 1742 1496 1320 1326 1253 1197 1273 1315 1325 1301 1275 1243 1214 1186

South West 52 62 49 113 130 107 86 21 18 28 33 34 38 40 41 41 40 40 39 39

Fitzroy 937 1267 1116 1870 2847 1779 992 687 595 472 585 609 679 719 735 731 725 713 704 694

Central West 26 16 22 31 16 13 18 6 6 6 7 7 8 8 8 8 8 8 7 7

Mackay 1027 1482 1145 1619 2633 1684 694 386 230 443 526 529 589 633 656 653 647 642 640 638

Northern 1338 2063 1274 1458 1787 1758 1641 955 815 697 833 851 931 977 997 989 979 968 958 948

Far North 1282 1582 883 887 750 995 1312 1258 1067 1422 1515 1533 1670 1771 1826 1812 1795 1775 1759 1743

North West 46 90 77 56 65 87 50 25 37 28 37 38 40 41 42 41 40 40 39 38

Queensland 29281 36109 29129 28513 30218 36771 45442 49867 44341 40986 35684 34072 36497 38355 39289 38857 38430 38007 37589 37176



138 138

Appendix B

Additional quarterly tables


Table B.1 Private dwelling value of work done: new construction (including alterations and additions) – 2015-16 $ 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

2017 = 100

2013.3 1042 204 159 47 94 120 15 251 3 215 121 82 6 2358 69

2013.4 1141 226 174 46 95 124 14 253 2 219 124 83 6 2507 73

2014.1 1241 243 193 46 96 125 12 228 2 202 125 84 6 2603 76

2014.2 1367 267 213 46 101 130 10 191 2 177 126 82 6 2718 79

2014.3 1454 279 229 46 102 128 8 150 1 140 123 80 6 2745 80

2014.4 1497 281 236 44 100 121 7 118 1 108 119 77 5 2713 79

2015.1 1793 348 279 50 112 130 7 110 2 96 131 89 5 3150 92

2015.2 1805 352 270 45 104 119 7 86 2 74 118 89 4 3074 90

2015.3 1895 395 278 45 103 115 6 74 2 63 111 95 3 3186 93

2015.4 2046 466 296 47 108 118 5 69 1 56 106 103 2 3423 100

2016.1 2216 547 319 48 113 121 5 69 1 52 99 109 2 3701 108

2016.2 2116 560 311 45 106 111 3 63 1 43 84 102 2 3547 104

2016.3 2235 624 331 48 111 112 3 62 1 41 79 104 2 3752 110

2016.4 2195 618 336 48 112 107 3 55 1 36 72 100 2 3686 108

2017.1 1997 606 323 47 108 98 2 48 1 30 64 89 2 3416 100

2017.2 1981 650 345 51 115 98 2 48 1 29 64 90 2 3474 101

2017.3 1901 653 361 55 117 97 2 48 1 30 63 93 2 3422 100

2017.4 1794 647 361 57 113 98 2 47 1 36 60 97 2 3315 97

2018.1 1674 582 344 57 104 95 2 43 1 46 57 96 2 3103 91

2018.2 1663 524 336 55 100 95 2 40 1 56 55 103 1 3031 89

2018.3 1780 449 324 50 103 94 3 42 0 72 58 127 1 3104 91

2018.4 1525 527 345 57 107 100 3 72 1 71 86 146 4 3042 89

2019.1 1481 516 338 55 106 98 3 75 1 72 89 149 4 2987 87

2019.2 1441 506 331 54 105 96 4 78 1 73 91 152 4 2937 86

2019.3 1402 496 325 53 104 94 4 81 1 75 93 155 4 2887 84

2019.4 1363 486 318 52 103 93 4 84 1 76 96 158 5 2838 83

2020.1 1333 478 313 51 102 91 4 85 1 76 97 159 5 2794 82

2020.2 1327 479 314 51 103 91 4 88 1 77 99 163 5 2801 82

Fiscal year

2014 4790 939 739 186 386 498 51 924 9 814 497 331 24 10186

2015 6549 1260 1013 185 418 498 28 464 6 418 490 334 20 11683

2016 8274 1968 1205 186 430 466 19 275 5 213 400 408 10 13858

2017 8408 2499 1336 193 446 415 10 213 2 136 279 383 7 14328

2018 7033 2406 1402 224 433 385 9 178 3 168 234 390 6 12871

2019 6228 1998 1337 217 421 388 13 266 3 289 324 574 13 12070

2020 5424 1939 1271 207 411 369 15 337 3 304 385 636 19 11320


Table B.2 Private dwelling: other value of work done – 2015-16 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 403 156 100 17 52 34 3 35 1 34 44 52 1 932 87

2013.4 411 158 101 17 53 34 3 36 1 35 45 53 1 951 89

2014.1 432 165 106 18 56 36 4 39 1 37 48 56 2 1000 93

2014.2 429 163 105 18 55 36 4 39 1 37 47 55 2 990 92

2014.3 418 158 102 18 53 35 4 38 1 37 46 53 2 965 90

2014.4 435 163 105 18 55 37 4 40 1 38 47 55 2 1000 93

2015.1 452 168 109 19 57 38 4 41 1 40 49 57 2 1038 97

2015.2 459 170 110 19 57 39 4 42 1 40 50 57 2 1049 98

2015.3 494 181 118 20 61 41 4 45 1 43 53 61 2 1124 105

2015.4 474 172 112 19 58 40 4 42 1 40 51 57 2 1073 100

2016.1 542 196 127 22 66 45 5 48 1 46 57 65 2 1221 114

2016.2 537 193 125 22 64 44 5 47 1 45 56 64 2 1204 112

2016.3 546 195 127 22 65 45 5 47 1 45 56 64 2 1220 114

2016.4 541 192 124 21 63 44 4 46 1 44 55 63 2 1201 112

2017.1 520 184 119 20 60 42 4 44 1 41 52 60 2 1150 107

2017.2 524 206 123 22 65 41 4 53 1 52 56 64 2 1215 113

2017.3 506 199 119 21 63 39 4 51 1 50 54 62 2 1170 109

2017.4 569 221 133 24 69 44 4 56 1 54 60 68 2 1305 122

2018.1 562 219 131 24 68 43 4 55 1 53 58 67 2 1287 120

2018.2 579 225 135 24 70 44 4 56 1 54 60 69 2 1323 123

2018.3 636 224 143 25 71 50 5 50 2 48 61 70 2 1385 129

2018.4 652 229 146 25 72 51 5 51 2 48 61 71 2 1415 132

2019.1 663 233 149 25 73 52 5 52 2 49 62 72 2 1439 134

2019.2 671 236 151 26 74 52 5 52 2 49 63 73 2 1454 136

2019.3 677 238 152 26 74 53 5 52 2 50 63 74 2 1467 137

2019.4 682 240 153 26 74 53 5 53 2 50 63 74 2 1478 138

2020.1 687 242 155 26 75 53 5 53 2 50 64 75 2 1489 139

2020.2 691 243 156 27 75 54 5 53 2 50 64 75 2 1497 140

Fiscal year

2014 1675 642 412 71 216 141 14 149 5 143 184 216 6 3873

2015 1765 659 426 74 222 149 15 161 5 155 192 222 6 4051

2016 2046 742 482 84 249 170 18 182 6 173 217 247 7 4621

2017 2131 778 493 86 254 171 17 190 6 181 220 251 8 4786

2018 2215 863 517 93 270 169 17 218 5 211 232 265 9 5085

2019 2621 922 589 101 289 205 20 205 6 194 247 286 8 5694

2020 2738 962 616 105 298 212 20 211 6 200 254 298 8 5931


Table B.3 Private dwelling: total value of work done – 2015-16 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 1445 359 259 64 146 154 18 285 4 249 166 134 7 3290 73

2013.4 1551 384 275 64 148 158 18 289 4 254 169 136 8 3458 77

2014.1 1673 408 299 64 152 161 16 267 3 240 173 139 8 3603 80

2014.2 1795 430 318 64 156 166 13 230 3 215 173 137 8 3708 82

2014.3 1872 437 330 63 156 163 11 189 3 177 169 133 8 3710 83

2014.4 1932 444 341 63 155 158 10 158 3 146 166 132 7 3713 83

2015.1 2245 517 388 69 169 169 11 151 3 135 180 146 6 4188 93

2015.2 2264 522 380 65 161 158 11 128 3 114 167 146 5 4123 92

2015.3 2389 576 396 66 164 157 10 119 3 106 164 155 5 4310 96

2015.4 2520 638 408 66 166 158 9 111 3 96 156 160 4 4496 100

2016.1 2758 742 446 70 178 166 9 117 2 98 157 174 4 4922 109

2016.2 2653 752 437 67 171 155 8 109 2 87 140 166 4 4751 106

2016.3 2781 819 458 70 176 157 7 109 2 85 135 169 4 4972 111

2016.4 2736 811 461 70 175 151 7 101 2 80 127 162 4 4887 109

2017.1 2517 791 442 67 168 140 7 92 2 72 117 149 3 4566 102

2017.2 2505 856 468 73 180 138 6 101 2 80 120 154 4 4689 104

2017.3 2407 852 479 76 179 136 6 99 2 80 117 155 4 4592 102

2017.4 2363 868 494 81 182 141 7 103 2 90 120 165 4 4620 103

2018.1 2236 801 475 80 172 138 6 98 2 99 115 163 4 4390 98

2018.2 2243 749 471 79 170 139 7 96 2 110 114 172 3 4354 97

2018.3 2416 673 467 75 174 143 7 93 2 120 119 197 3 4489 100

2018.4 2176 756 491 82 179 151 8 123 2 119 147 217 6 4457 99

2019.1 2144 749 487 81 179 150 9 126 2 121 151 221 6 4426 98

2019.2 2112 742 482 80 178 149 9 130 2 123 154 225 6 4391 98

2019.3 2079 734 477 79 178 147 9 133 2 124 157 229 6 4354 97

2019.4 2046 726 472 78 177 145 9 136 2 126 159 232 7 4316 96

2020.1 2020 720 468 77 177 144 9 138 2 126 160 234 7 4283 95

2020.2 2018 722 470 77 178 145 9 141 2 128 163 238 7 4298 96

Fiscal year

2014 6465 1581 1151 257 602 639 65 1072 13 957 681 547 30 14059

2015 8313 1919 1439 259 641 647 44 625 11 573 682 556 26 15734

2016 10319 2710 1687 270 679 636 37 456 10 386 617 655 17 18479

2017 10539 3277 1829 279 700 586 27 403 8 317 499 634 15 19113

2018 9248 3270 1919 317 703 554 26 396 8 379 466 655 15 17956

2019 8849 2920 1926 317 710 593 33 471 9 483 571 859 21 17763

2020 8163 2902 1886 312 709 581 36 548 9 504 640 934 27 17251


Table B.4 Private non-residential building value of work done – 2015-16 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 655 105 147 7 26 58 8 160 2 82 56 26 12 1343 90

2013.4 670 114 157 7 29 64 8 159 2 79 58 26 16 1388 93

2014.1 618 139 168 6 32 64 7 143 2 73 50 24 16 1342 89

2014.2 666 187 206 6 37 71 7 136 3 72 54 26 19 1489 99

2014.3 674 203 210 6 40 72 6 116 3 67 52 27 20 1496 100

2014.4 664 224 211 6 41 68 6 90 3 62 51 28 18 1471 98

2015.1 667 235 179 6 38 64 5 67 2 55 47 28 16 1410 94

2015.2 658 228 116 5 36 67 5 45 1 50 46 28 12 1297 86

2015.3 716 254 116 6 39 88 5 40 1 48 57 30 8 1408 94

2015.4 812 271 71 7 42 101 5 35 0 46 69 33 7 1500 100

2016.1 802 242 69 8 45 104 5 36 0 38 71 31 4 1455 97

2016.2 810 241 69 9 47 112 4 36 1 30 73 30 3 1466 98

2016.3 756 211 63 9 46 104 3 32 1 25 70 29 3 1351 90

2016.4 788 249 80 12 49 108 3 31 1 22 75 30 3 1452 97

2017.1 828 274 107 17 50 104 3 32 1 20 75 30 2 1543 103

2017.2 833 296 114 21 49 88 3 28 1 17 65 33 2 1551 103

2017.3 842 315 127 23 46 90 2 27 1 17 65 39 2 1596 106

2017.4 873 329 151 27 43 82 2 25 1 20 62 51 2 1669 111

2018.1 855 308 142 26 43 81 3 27 1 22 65 54 3 1630 109

2018.2 717 248 115 22 37 68 3 26 2 20 58 49 3 1366 91

2018.3 655 218 101 20 34 63 3 26 2 21 57 48 3 1250 83

2018.4 632 202 94 19 34 61 3 28 2 22 59 50 3 1211 81

2019.1 618 193 90 19 34 57 3 30 2 23 59 52 3 1184 79

2019.2 613 187 88 19 33 54 3 31 2 25 61 53 4 1174 78

2019.3 604 180 85 18 33 51 3 33 2 26 63 55 4 1157 77

2019.4 624 181 86 19 35 51 3 36 2 28 67 60 4 1197 80

2020.1 630 181 86 19 35 50 3 38 2 29 70 62 4 1208 81

2020.2 644 182 87 20 36 49 3 40 2 31 73 65 4 1238 82

Fiscal year

2014 2609 544 678 26 125 256 30 597 10 307 217 101 62 5561

2015 2663 890 715 23 156 271 23 318 8 233 197 111 66 5673

2016 3140 1008 324 30 173 405 19 147 2 163 270 125 22 5829

2017 3205 1030 364 59 195 405 12 123 4 85 284 122 10 5897

2018 3287 1200 535 97 170 322 10 105 5 78 250 193 9 6261

2019 2519 799 374 77 136 235 11 116 8 91 236 204 13 4819

2020 2501 724 345 76 139 201 12 147 9 115 272 241 17 4799


Table B.5 Public non-residential building value of work done – 2015-16 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 264 87 23 10 16 9 6 84 3 40 153 35 11 742 247

2013.4 230 59 20 9 14 8 5 74 2 35 109 26 9 601 200

2014.1 215 44 19 9 15 9 4 67 2 29 89 19 6 526 175

2014.2 227 39 20 8 18 15 4 58 1 23 58 18 4 490 163

2014.3 218 31 17 7 19 20 3 41 1 14 32 15 3 419 140

2014.4 191 25 15 6 16 23 2 29 1 10 24 12 1 355 118

2015.1 171 25 14 4 15 25 1 19 1 5 11 10 1 304 101

2015.2 200 36 17 4 18 33 2 19 1 5 15 13 1 363 121

2015.3 203 42 17 4 17 37 1 17 1 4 17 13 1 375 125

2015.4 157 36 13 2 13 31 1 13 2 3 18 10 1 300 100

2016.1 164 40 63 2 12 30 1 13 3 3 22 10 2 364 121

2016.2 206 56 56 2 13 34 2 17 4 3 34 14 3 446 149

2016.3 155 40 61 1 9 20 2 13 3 3 32 12 3 355 118

2016.4 117 29 28 1 7 14 2 10 3 3 26 11 2 254 85

2017.1 116 23 18 1 8 14 2 10 3 3 25 14 2 240 80

2017.2 103 14 6 1 7 12 2 8 2 3 19 13 2 191 64

2017.3 114 12 8 2 8 14 2 8 2 3 23 15 2 211 70

2017.4 134 11 10 2 10 17 4 9 2 4 35 19 2 258 86

2018.1 158 16 13 2 15 21 7 17 3 5 44 23 2 328 109

2018.2 158 19 14 3 16 21 8 33 3 7 47 23 2 354 118

2018.3 169 21 16 4 18 23 10 41 3 8 52 26 2 392 131

2018.4 187 19 15 3 16 24 7 22 4 6 50 27 2 384 128

2019.1 188 22 16 4 16 23 6 21 3 7 48 26 2 383 128

2019.2 191 26 17 5 15 22 6 21 3 7 47 26 2 389 130

2019.3 193 31 18 6 15 20 5 20 3 8 46 27 2 393 131

2019.4 194 36 19 7 14 19 5 20 3 8 45 27 2 400 133

2020.1 196 39 19 8 14 18 5 19 3 9 44 27 3 402 134

2020.2 209 44 20 9 15 18 4 20 3 10 45 29 3 428 143

Fiscal year

2014 936 228 83 36 63 41 19 282 8 127 409 98 30 2359

2015 780 117 64 21 68 101 8 108 4 34 82 50 6 1441

2016 730 174 149 10 56 131 6 60 9 13 92 47 7 1485

2017 491 106 113 5 32 59 8 42 10 13 102 49 9 1040

2018 563 58 46 9 49 73 21 67 10 19 149 80 7 1151

2019 736 89 64 15 65 92 29 105 13 28 197 105 9 1547

2020 792 150 76 29 58 76 19 78 11 35 179 109 10 1622


Table B.6 Total non-residential building value of work done – 2015-16 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 919 192 170 17 42 67 14 244 5 122 209 61 23 2085 108

2013.4 900 172 177 16 44 72 13 233 4 114 167 52 25 1989 103

2014.1 833 183 187 15 47 73 11 209 4 102 139 43 22 1868 97

2014.2 893 225 226 14 55 86 10 194 4 95 112 43 22 1979 103

2014.3 891 234 227 13 58 92 9 157 4 81 84 42 22 1914 99

2014.4 856 249 226 11 58 91 8 119 3 71 75 40 19 1826 95

2015.1 838 260 193 10 53 89 7 87 3 60 59 39 17 1714 89

2015.2 858 264 133 9 55 100 7 63 2 55 61 41 13 1660 86

2015.3 919 296 134 9 56 124 7 57 2 52 75 43 9 1783 93

2015.4 968 307 84 9 55 132 7 48 2 49 87 43 8 1800 93

2016.1 966 281 131 10 58 134 6 49 3 41 93 41 5 1819 94

2016.2 1017 298 125 11 60 146 6 53 4 34 107 44 6 1912 99

2016.3 911 251 124 11 55 124 6 45 4 28 102 40 5 1706 89

2016.4 905 278 109 13 56 122 5 41 4 26 101 41 5 1705 88

2017.1 944 298 124 18 58 118 5 42 4 23 100 44 5 1784 93

2017.2 936 309 120 22 56 100 5 36 3 20 84 46 4 1742 90

2017.3 955 327 135 24 54 104 4 35 3 19 87 54 4 1807 94

2017.4 1006 340 161 29 53 100 6 34 4 23 97 70 4 1927 100

2018.1 1013 324 156 28 58 102 10 44 5 27 109 77 4 1958 102

2018.2 875 266 129 25 53 89 11 58 4 27 105 72 4 1720 89

2018.3 825 239 117 24 52 86 12 67 5 29 109 74 5 1642 85

2018.4 819 221 110 22 50 85 10 51 6 29 109 77 6 1595 83

2019.1 807 215 106 23 49 80 9 51 5 30 108 78 6 1567 81

2019.2 805 213 105 23 49 76 9 52 5 32 108 80 6 1563 81

2019.3 796 210 103 24 48 72 8 53 5 33 108 82 6 1549 80

2019.4 818 218 105 26 49 70 8 56 5 37 112 86 7 1597 83

2020.1 825 220 105 27 49 68 8 57 5 38 113 89 7 1610 84

2020.2 853 227 108 28 50 67 8 60 5 41 118 93 7 1666 86

Fiscal year

2014 3545 773 761 62 188 297 48 880 17 433 626 199 92 7921

2015 3443 1007 779 43 224 371 31 426 12 267 278 162 71 7114

2016 3870 1182 474 40 229 536 26 207 12 176 362 171 29 7313

2017 3696 1136 477 65 226 464 20 164 14 97 387 172 19 6937

2018 3850 1257 581 106 219 395 31 172 16 97 398 273 16 7412

2019 3256 888 438 92 201 327 41 221 21 119 433 309 22 6366

2020 3293 874 421 105 197 277 31 225 20 150 451 350 27 6421


Table B.7 Public sector engineering value of work done – 2015-16 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 388 91 64 27 82 101 9 89 6 41 60 71 16 1045 152

2013.4 365 89 68 27 75 107 8 80 5 39 55 68 15 1001 145

2014.1 362 86 70 24 78 104 9 81 6 42 59 67 16 1003 146

2014.2 351 82 70 22 80 99 9 79 6 44 63 65 16 988 143

2014.3 244 56 51 14 59 68 7 56 4 34 48 46 12 699 101

2014.4 273 61 60 14 71 75 8 64 5 42 60 52 15 800 116

2015.1 296 67 62 16 70 88 10 75 7 42 59 56 18 866 126

2015.2 327 76 67 18 71 106 14 91 8 43 61 63 24 968 141

2015.3 237 57 48 13 47 84 12 73 7 29 41 47 20 717 104

2015.4 220 56 44 13 41 87 14 76 8 26 37 45 23 689 100

2016.1 236 62 44 15 45 93 15 77 8 29 40 47 23 734 107

2016.2 277 76 49 19 55 110 17 86 9 36 48 54 25 862 125

2016.3 188 55 31 14 38 76 12 56 6 26 34 36 16 587 85

2016.4 217 67 34 18 46 89 13 61 6 32 40 41 17 681 99

2017.1 283 81 44 21 56 103 16 74 7 40 53 52 19 850 123

2017.2 362 98 56 25 69 118 19 89 7 50 68 66 21 1048 152

2017.3 249 64 39 16 45 74 12 58 4 33 48 45 12 699 101

2017.4 220 54 35 14 38 59 10 48 3 28 43 40 9 602 87

2018.1 206 51 32 11 34 55 9 45 4 27 32 36 9 550 80

2018.2 321 78 49 12 52 84 13 69 6 43 37 55 13 832 121

2018.3 323 79 49 11 53 84 13 70 6 45 33 55 13 835 121

2018.4 256 43 62 26 42 100 8 79 5 44 69 49 13 795 115

2019.1 269 45 65 26 44 100 9 85 7 46 76 52 14 837 122

2019.2 295 46 73 26 45 107 9 94 10 49 86 57 15 911 132

2019.3 340 50 86 27 49 119 9 109 15 55 98 66 17 1042 151

2019.4 361 49 97 26 50 126 10 118 21 64 104 71 18 1115 162

2020.1 370 48 105 24 49 130 10 125 24 71 106 74 19 1157 168

2020.2 377 50 112 23 55 136 11 133 24 89 110 78 20 1218 177

Fiscal year

2014 1465 348 272 100 316 412 34 329 23 166 237 271 64 4037

2015 1140 260 240 62 270 337 38 287 24 160 229 217 69 3333

2016 970 251 185 60 189 375 58 311 32 121 166 192 91 3001

2017 1050 301 165 79 209 386 59 280 26 148 196 195 72 3167

2018 996 248 155 53 169 273 43 219 17 132 160 176 43 2682

2019 1142 213 249 90 185 391 39 328 28 183 264 213 54 3378

2020 1449 197 400 101 204 511 40 486 84 279 418 289 74 4531


Table B.8 Private sector engineering value of work done – 2015-16 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 1853 562 362 40 17 459 266 6854 69 361 207 179 48 11276 279

2013.4 1980 600 387 39 16 457 267 6554 68 360 206 191 47 11172 276

2014.1 1997 604 389 40 17 460 266 5860 69 368 206 186 48 10509 260

2014.2 1933 581 375 42 17 479 278 5212 81 386 214 170 66 9835 243

2014.3 2030 605 393 46 19 529 307 3608 129 427 236 169 79 8577 212

2014.4 2035 606 393 48 27 552 320 2636 161 445 247 161 82 7712 191

2015.1 2246 666 433 51 31 593 345 695 156 479 266 175 88 6224 154

2015.2 1619 474 308 38 23 392 450 542 70 515 194 121 65 4811 119

2015.3 1513 439 286 36 22 353 374 529 60 449 188 107 62 4418 109

2015.4 1505 434 283 37 22 293 227 515 42 328 189 104 63 4043 100

2016.1 1351 372 243 31 19 245 180 508 34 269 161 88 54 3555 88

2016.2 1473 388 258 31 17 221 131 478 28 226 159 98 53 3560 88

2016.3 1540 403 263 33 14 240 142 616 30 412 172 95 57 4019 99

2016.4 1493 388 260 31 15 220 130 604 28 435 158 96 49 3905 97

2017.1 1523 395 267 30 20 214 127 643 27 474 154 125 35 4033 100

2017.2 1587 412 289 29 21 196 98 524 27 455 148 144 34 3963 98

2017.3 1662 427 295 29 17 184 56 560 29 700 151 250 35 4395 109

2017.4 1392 345 239 27 11 288 51 574 27 693 261 248 32 4187 104

2018.1 1509 372 249 27 13 340 52 631 27 780 321 252 33 4607 114

2018.2 1544 380 252 27 14 341 52 664 27 892 347 231 33 4804 119

2018.3 1365 335 220 24 12 341 45 578 24 677 338 166 28 4153 103

2018.4 1488 370 243 26 13 424 50 587 25 373 329 230 31 4186 104

2019.1 1593 414 271 29 14 447 55 649 23 156 229 292 34 4205 104

2019.2 1366 356 233 24 12 348 46 579 19 139 194 827 29 4173 103

2019.3 1543 403 264 27 13 230 127 651 22 156 217 431 32 4116 102

2019.4 1440 381 250 25 13 381 141 602 195 211 203 460 120 4422 109

2020.1 1264 345 226 23 11 427 126 537 325 233 183 842 133 4675 116

2020.2 1467 400 262 26 13 502 144 605 416 278 200 355 152 4819 119

Fiscal year

2014 7762 2347 1513 161 66 1854 1077 24480 288 1476 833 726 209 42793

2015 7930 2351 1527 183 99 2065 1422 7481 515 1866 943 626 314 27323

2016 5843 1634 1069 135 80 1112 911 2030 164 1272 697 396 232 15576

2017 6142 1597 1080 122 70 870 496 2387 112 1777 631 459 176 15920

2018 6108 1523 1036 110 54 1154 211 2429 110 3065 1080 981 132 17992

2019 5812 1475 967 102 51 1559 196 2393 91 1345 1091 1515 122 16718

2020 5715 1530 1001 101 50 1540 537 2395 958 879 803 2087 436 18032


Table B.9 Total engineering value of work done – 2015-16 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 2240 654 426 67 99 559 275 6943 75 402 267 249 64 12321 260

2013.4 2345 689 454 66 91 564 275 6634 74 399 260 258 62 12174 257

2014.1 2358 690 459 64 95 564 274 5941 75 410 266 253 64 11512 243

2014.2 2284 663 446 63 98 578 287 5291 87 431 278 236 83 10823 229

2014.3 2274 661 444 60 78 597 314 3664 133 460 285 215 91 9276 196

2014.4 2308 667 453 62 97 627 328 2701 166 486 307 213 97 8511 180

2015.1 2542 734 495 67 101 681 355 770 162 520 325 232 107 7090 150

2015.2 1947 550 375 55 93 497 464 633 79 558 255 183 88 5779 122

2015.3 1750 496 334 50 69 437 386 602 68 478 229 154 83 5134 109

2015.4 1725 490 328 49 64 380 241 591 50 354 226 148 86 4731 100

2016.1 1587 434 287 46 64 338 195 585 42 298 202 135 76 4289 91

2016.2 1751 465 306 50 72 332 148 564 37 262 207 152 78 4422 93

2016.3 1729 457 295 47 52 316 154 671 36 439 206 131 73 4606 97

2016.4 1710 455 294 48 61 309 143 665 34 467 198 137 66 4586 97

2017.1 1806 476 311 51 76 317 142 717 34 515 206 177 54 4883 103

2017.2 1948 510 345 54 90 314 116 613 34 505 216 210 55 5011 106

2017.3 1911 491 334 45 62 258 67 617 33 733 198 295 47 5093 108

2017.4 1612 399 274 40 49 347 60 623 30 721 304 288 41 4789 101

2018.1 1715 423 282 38 47 396 61 676 31 807 352 288 41 5157 109

2018.2 1865 458 301 40 66 426 65 732 33 935 385 286 46 5636 119

2018.3 1687 414 269 35 65 425 59 648 30 722 371 222 41 4988 105

2018.4 1743 414 305 52 55 523 58 666 29 417 398 279 44 4982 105

2019.1 1862 458 337 55 58 547 63 734 30 202 305 343 48 5042 107

2019.2 1661 402 306 51 57 455 55 673 30 188 280 884 44 5084 107

2019.3 1884 452 350 54 63 350 136 760 36 212 316 496 49 5158 109

2019.4 1802 430 347 52 63 506 151 720 216 275 307 531 138 5537 117

2020.1 1635 393 331 47 61 556 136 662 349 305 290 916 152 5831 123

2020.2 1844 450 374 49 68 639 154 738 440 367 309 432 172 6037 128

Fiscal year

2014 9228 2695 1785 261 383 2266 1112 24809 311 1642 1070 996 272 46830

2015 9071 2611 1767 245 370 2402 1460 7768 540 2025 1172 843 383 30656

2016 6812 1885 1255 195 269 1487 970 2341 196 1393 864 589 323 18577

2017 7193 1898 1245 201 279 1256 556 2667 138 1925 827 654 248 19086

2018 7103 1771 1191 164 224 1426 254 2648 127 3197 1239 1157 175 20675

2019 6954 1688 1216 192 236 1950 235 2721 118 1528 1354 1728 177 20096

2020 7164 1726 1401 202 254 2051 577 2881 1041 1159 1221 2376 511 22563


Table B.10 Public dwelling value of work done – 2015-16 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 4 0 0 0 0 3 1 16 0 2 10 4 0 38 110

2013.4 3 0 0 0 1 2 0 20 0 1 12 6 0 45 129

2014.1 15 0 0 0 1 1 0 11 0 1 7 2 2 39 112

2014.2 13 0 0 0 0 0 0 9 0 1 4 2 2 31 90

2014.3 13 0 0 0 0 1 0 6 0 1 3 3 1 29 84

2014.4 9 1 0 0 0 3 0 8 0 1 2 6 1 31 88

2015.1 20 2 0 0 0 2 0 2 0 0 2 6 0 34 97

2015.2 20 3 0 0 1 2 0 1 0 1 4 7 1 41 117

2015.3 15 2 0 0 1 1 0 0 0 1 5 7 1 33 95

2015.4 11 2 1 0 1 1 0 0 0 1 7 9 2 35 100

2016.1 10 1 1 0 0 0 0 1 0 0 10 12 2 38 110

2016.2 12 2 0 0 0 0 0 1 0 0 5 12 2 36 103

2016.3 18 4 0 0 1 0 0 0 0 0 4 15 0 42 120

2016.4 12 2 1 0 1 0 0 0 0 0 3 10 0 29 83

2017.1 10 2 1 0 1 0 0 1 0 0 3 9 0 27 77

2017.2 14 2 3 0 1 0 0 1 0 0 6 14 0 41 116

2017.3 19 0 2 0 3 1 0 2 0 0 8 19 1 54 156

2017.4 12 0 1 0 1 0 0 1 0 0 8 17 2 44 126

2018.1 11 0 1 0 1 0 0 1 0 0 7 15 2 39 113

2018.2 11 0 1 0 1 0 0 1 0 0 7 15 2 39 113

2018.3 11 0 1 0 1 0 0 1 0 0 7 15 2 39 112

2018.4 11 0 1 0 1 0 0 1 0 0 8 16 2 40 116

2019.1 12 0 1 0 1 0 0 1 0 0 8 16 2 42 122

2019.2 12 0 1 0 1 0 0 1 0 0 8 16 2 43 123

2019.3 13 0 1 0 1 0 0 1 0 0 9 18 3 46 132

2019.4 13 0 1 0 1 0 0 1 0 0 9 18 3 46 133

2020.1 13 0 1 0 1 0 0 1 0 0 9 18 3 47 136

2020.2 14 0 1 0 1 0 0 1 0 0 9 19 3 48 139

Fiscal year

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 3 135

2016 49 8 2 0 2 3 0 2 0 2 27 40 7 142

2017 54 10 5 0 3 1 0 3 0 0 15 47 0 138

2018 53 1 4 0 7 2 0 5 0 1 31 66 8 178

2019 46 1 3 0 5 2 0 4 0 0 31 63 9 165

2020 52 1 4 0 6 2 0 4 0 0 35 72 10 188


Table B.11 Total construction: value of work done – 2015-16 $ million

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 4608 1205 855 149 287 783 307 7488 84 775 651 448 94 17734 160

2013.4 4799 1246 907 146 283 796 306 7177 82 768 608 453 94 17666 160

2014.1 4879 1281 945 143 295 799 301 6428 82 752 584 438 95 17022 154

2014.2 4985 1318 989 142 309 829 311 5724 94 741 567 418 114 16541 150

2014.3 5050 1332 1001 136 292 853 334 4016 139 719 541 393 122 14929 135

2014.4 5105 1360 1020 136 310 878 346 2986 172 704 550 390 123 14081 127

2015.1 5645 1512 1076 146 323 940 373 1010 168 716 565 422 130 13026 118

2015.2 5089 1339 888 129 311 757 482 825 84 728 487 378 107 11603 105

2015.3 5073 1370 864 125 290 719 403 777 73 637 473 359 97 11260 102

2015.4 5224 1437 820 125 286 671 257 751 55 500 476 360 100 11062 100

2016.1 5321 1459 865 126 301 638 210 752 48 437 461 362 88 11068 100

2016.2 5433 1518 868 128 303 633 162 727 43 383 460 374 90 11120 101

2016.3 5438 1532 877 128 284 597 167 825 42 552 447 355 82 11326 102

2016.4 5362 1546 864 131 293 583 155 807 39 573 429 350 74 11208 101

2017.1 5277 1566 879 137 304 575 154 852 39 610 426 380 62 11260 102

2017.2 5404 1677 936 149 327 553 127 752 40 605 426 423 63 11483 104

2017.3 5292 1671 951 146 298 499 78 753 39 832 410 522 55 11547 104

2017.4 4993 1607 930 150 286 588 73 761 36 835 529 541 51 11380 103

2018.1 4975 1547 914 147 279 636 77 819 38 933 584 543 51 11543 104

2018.2 4994 1473 901 144 289 654 83 887 39 1072 612 545 56 11750 106

2018.3 4939 1327 854 134 293 655 79 809 36 870 606 507 52 11158 101

2018.4 4750 1391 906 156 286 760 76 840 37 565 661 588 57 11074 100

2019.1 4825 1423 930 158 288 777 81 912 37 353 572 659 62 11077 100

2019.2 4590 1357 893 154 286 679 73 856 37 342 550 1206 58 11081 100

2019.3 4772 1397 931 157 290 569 153 947 44 370 589 824 64 11107 100

2019.4 4678 1374 925 155 290 723 168 913 224 438 587 868 154 11497 104

2020.1 4493 1333 905 151 288 769 152 858 356 469 572 1256 168 11772 106

2020.2 4729 1399 952 155 298 851 171 940 447 536 600 783 189 12049 109

Fiscal year

2014 19272 5049 3696 580 1174 3207 1225 26817 341 3037 2410 1756 398 68963

2015 20889 5543 3985 547 1236 3428 1535 8837 564 2868 2143 1582 483 53639

2016 21051 5784 3417 504 1179 2661 1032 3007 218 1956 1870 1455 376 44512

2017 21481 6321 3556 545 1208 2307 603 3237 160 2340 1728 1507 282 45276

2018 20254 6299 3696 587 1152 2377 311 3221 152 3673 2135 2151 213 46220

2019 19104 5497 3583 601 1151 2871 308 3417 148 2131 2389 2959 229 44390

2020 18672 5503 3713 618 1166 2912 644 3659 1071 1813 2348 3732 575 46425


Table B.12 Total dwelling units commenced (number)

Brisbane Gold

coast Sunshine

Coast West

Moreton Wide Bay/


South West Fitzroy


Far North


Queensland December

2017 = 100

2013.3 4117 787 537 167 350 416 33 678 4 630 476 215 19 8429 78

2013.4 4907 947 652 176 394 486 35 660 4 617 519 253 22 9672 90

2014.1 4817 938 652 153 365 467 30 529 4 498 466 245 21 9185 86

2014.2 5120 1005 706 144 367 486 28 459 3 434 453 257 22 9485 88

2014.3 6448 1273 879 170 433 553 30 460 4 404 517 319 23 11512 107

2014.4 5883 1168 791 145 370 455 24 334 4 272 427 287 17 10177 95

2015.1 7268 1452 966 168 429 508 26 328 5 248 477 350 17 12240 114

2015.2 6996 1405 918 151 387 441 22 251 4 176 416 332 13 11513 107

2015.3 7267 1528 967 154 388 428 15 231 3 153 366 332 11 11844 110

2015.4 7675 1688 1036 159 396 423 11 216 3 136 328 336 9 12417 116

2016.1 8445 1944 1157 171 421 435 8 211 2 125 306 356 8 13589 127

2016.2 7495 1805 1042 149 361 361 5 165 1 93 230 303 6 12017 112

2016.3 7890 1996 1171 167 404 386 5 176 2 90 244 321 7 12860 120

2016.4 6477 1721 1027 146 353 321 4 146 1 68 202 265 7 10739 100

2017.1 5976 1668 1012 144 346 301 4 136 1 58 188 246 7 10088 94

2017.2 6194 1816 1121 159 382 317 4 143 1 55 196 256 9 10654 99

2017.3 5885 1655 1086 155 357 307 5 131 1 63 182 267 8 10103 94

2017.4 5959 1607 1121 161 356 318 5 127 1 77 181 296 8 10217 95

2018.1 6045 1564 1160 167 355 329 6 124 2 93 180 329 7 10361 96

2018.2 6008 1492 1176 170 347 333 7 119 2 111 175 358 7 10305 96

2018.3 5672 1405 1119 166 339 325 7 124 2 115 181 359 7 9821 91

2018.4 5218 1290 1037 158 323 308 7 126 2 115 182 351 8 9125 85

2019.1 4806 1186 963 151 308 292 7 128 2 116 183 343 8 8494 79

2019.2 4614 1137 931 150 306 289 8 135 2 122 192 350 9 8245 77

2019.3 4644 1150 941 152 311 292 8 140 2 124 198 359 9 8328 78

2019.4 4661 1159 949 153 314 295 8 144 2 127 203 367 9 8390 78

2020.1 4731 1182 968 156 322 300 8 150 2 131 210 379 9 8546 80

2020.2 4857 1219 998 160 333 309 9 157 2 137 220 396 10 8808 82

Fiscal year

2014 18961 3677 2548 639 1476 1855 125 2325 15 2179 1916 971 84 36771

2015 26595 5299 3553 634 1619 1957 102 1373 17 1099 1837 1288 69 45442

2016 30883 6965 4202 633 1566 1647 40 823 10 507 1230 1327 34 49867

2017 26537 7200 4331 617 1485 1325 18 602 6 272 829 1089 31 44341

2018 23897 6318 4543 654 1415 1287 23 501 6 345 719 1249 30 40986

2019 20311 5019 4049 626 1277 1214 29 512 6 468 739 1403 31 35684

2020 18893 4710 3856 620 1279 1197 33 590 7 519 830 1501 37 34072

Queensland region construction supply and demand analysis ... · Queensland region construction...

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