Gold Coast Economy Outlook
The Economic Outlook report is designed to provide a brief, non-technical overview of the Gold Coast’s economic performance including post-COVID recovery and growth compared to the state and national level economies. The report is supplemented with short-term forecasts of the macroeconomic drivers of the Gold Coast economy.
This report analyses the structural changes in macroeconomic drivers due to impacts of COVID-19 and highlights opportunities
that can be harnessed from a regional macro-economic perspective. Further, the report provides a comparative economic recovery and growth analysis of the Gold Coast economy relative to Regional Queensland, Queensland and Australia. Not a simple task, nor a perfect science and the analysis can be subject to changes with economic fluctuations and other assumptions.
The report finds that the Gold Coast economy follows national economic trends but with a higher speed of recovery and growth relative to Queensland, Regional Queensland and Australia. This report is divided into two parts. The first part is an overview of the economic fundamentals of the Gold Coast economy, which has been compared with the economies of Regional Queensland, Queensland and Australia. The second part provides future insights which have been analysed at an economy-wide level.
The City Economy, State of the Economy Report is due to be released in August/September 2022, which will provide a detailed narrative of the impacts of the pandemic.