Report Shows Regions Set to Prosper

The Daily Mercury (Mackay, Australia), March 5, 2010 | Go to article overview

Report Shows Regions Set to Prosper


Byline: Clare Chapman clare.chapman@dailymercury.com.au

MORE than one million people visited our region last year.

Those visitors came to a place where more than eight million tonnes of sugar cane was crushed, from which more than 100 megatonnes of coal was exported, and to a region with booming employment figures and skyrocketing developments.

And that is why we are confident about our region's growth and its future prosperity.

A report, released today, about the Mackay, Whitsunday and Isaac regions describes a place with regained confidence after standing firm and significantly increasing its gross regional profit (GRP) in 2009 despite last year's economic turmoil.

"New figures indicate that the GRP for the Mackay, Whitsunday and Isaac regions has increased by 12 per cent... defying the trends predicted by the global financial crisis," Regional Economic Development Corporation chief executive officer Narelle Pearse said.

With an increase in profit also came boosted employment figures - last year the workforce increased by 11 per cent to 95,083.

"What is attractive for people in this region is the higher than average median weekly wage," Ms Pearse said.

"We have seen a rise in unemployment figures in the region but Queensland's average unemployment rate went from 3. …

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