The Sunshine Coast economy has grown significantly over the past decade with a Gross Regional Product of over A$16 billion and an average annual growth rate of 4.09% from 2002-2015. Several major projects are underway or in the pipeline that will drive continued economic growth, including a A$1.8 billion hospital, A$400 million shopping center expansion, and a new A$2.5 billion city center development in Maroochydore with commercial, residential, and retail space. The Sunshine Coast is an attractive location for investment and business due to its low taxes and costs, skilled workforce, and prime infrastructure access.

4. • A Gross Regional Product of over A$16 billion – twice was it was a decade ago
and now one of the largest regional economies in Queensland
• An average annual economic growth rate of 4.09% from 2002-2015 – higher than
the national economic growth rate of 3.04% (International Monetary Fund 2013
and NIEIR 2015)
• In FY2015/16 the Sunshine Coast recorded the highest number of building
approvals since 2003/04 (.id, ABS)
• More than A$2.5 billion in major projects already underway or in the pipeline
Successful companies have relocated to the Sunshine Coast

5. And local businesses have successfully expanded

6. • A Gross Regional Product of over A$16 billion and now one of the largest regional
economies in Queensland.
• An average annual economic growth rate of 4.09% from 2002-2015 – higher than
the national economic growth rate of 3.04% (International Monetary Fund 2013
and NIEIR 2015).
• In FY2015/16 the Sunshine Coast recorded the highest number of building
approvals since 2003/04 (.id, ABS).
• More than A$2.5 billion in major projects already underway or in the pipeline.

9. April 2017
• Australia’s only greenfield Central Business District at Maroochydore –
infrastructure work has commenced
• A$1.8 billion Sunshine Coast University Hospital – Australia’s first new – not
replacement - tertiary, teaching hospital development in more than 25 years – to
open in April 2017

10. 2017

11. • A$400 million expansion of the Sunshine Plaza retail centre at Maroochydore –
due for completion in December 2018
• Oceanside Health Hub – 17 hectares and up to 32,000m2 of dedicated health
and medical space adjacent to the University hospitals

12. • Aura (Caloundra South) – 2,310 hectares, 20,000 dwellings to house a population of
approximately 50,000 people – the largest residential development project in
Australia at this time.
• Sippy Downs Town Centre and Business and Technology Park – including 15.5
hectares for a business and technology park adjacent to the University of the
Sunshine Coast. The new international headquarters for Youi Insurance is currently
under construction.
• Palmview – more than 900 hectares to provide more than 7,000 dwellings to house
around 17,000 people – to be completed over the next 20 years.
• Bokarina Beach – 30 hectare site on Nicklin Way Bokarina will provide mixed use
residential, retail, tourism and recreational spaces.

14. Maroochydore City Centre
Maroochydore City Centre will comprise –
•A 53 hectare greenfield site in the heart of Maroochydore
•Commercial, retail and residential areas
•40% open space and waterways
Project to deliver –
•150,000m2 commercial gross floor area
•65,000m2 retail gross floor area
•2,000 residential apartments
•Major 5 star hotel, entertainment, convention
and exhibition facilities
Lots in Stage 1 will be released to the market in 2016 offering:
•36,000m2 Gross floor area for commercial uses
•22,000m2 Gross floor area for retail uses
•450 residential apartments

15. Maroochydore City Centre

18. • Prime Location – access to all major transport networks and export
infrastructure – air, road, rail and broadband connectivity – including the award
winning Sunshine Coast Airport.
• Low taxes – lowest payroll tax of any Australian state or territory, estimated on
average at A$677 per person less than the average of other Australian states and
territories.
• Low costs – more affordable industrial land prices (50% lower than other capital
cities) and lower prices for commercial office space (41% lower than Brisbane
costs).
• Skilled workforce – highly educated workforce with the region’s population
holding a higher level of post-secondary school qualifications than the
Queensland average.
• Government support – dedicated client managers, incentives and assistance for
new investors and businesses.
7. Key reasons for Investment Success