- SEQ Gross Regional Product hits $334.05 billion, 101,000 new residents and 68,000 new jobs in one year.
- SEQ set to grow three times faster than global peers over next 20 years.
- Council of Mayors (SEQ) meet with Premier David Crisafulli and Ministers at Queensland Parliament to discuss growth priorities and cost of living pressures.
South East Queensland is booming with new data from the 2024 SEQ regional economic dataset, developed by the National Institute of Economic and Industry Research (NIEIR), revealing strong population, job and economic growth.
Cementing itself as one of Australia’s fastest growing regions, the latest data shows SEQ’s Gross Regional Product tipped $334.05 billion, up 2.1% in the past year. Over this period SEQ welcomed 101,000 new residents and created over 68,000 new jobs and 384,321 small businesses.
Council of Mayors (SEQ) today met with Queensland Premier David Crisafulli and key Government Ministers at Queensland Parliament calling on strong partnerships to empower, enable and back councils grappling with challenges of rapid population growth and cost of living pressures.
In its first official delegation with the new Crisafulli Government, the Council of Mayors (SEQ) discussed the need for strong partnerships backed by funding.
High on the agenda was cost of living with natural disasters, the region’s demand for infrastructure and public transport, and impact of the waste levy placing councils under more financial stress than ever before.
The delegation highlighted strong collaboration with the State Government as critical to delivering the better roads, public transport and other upgrades needed to unlock housing.
Mayors sought commitments to support responses to issues including the growing cost of waste management. They also discussed ongoing efforts to boost the health of the region’s natural environment and waterways with a record expansion of Resilient Rivers (SEQ), and work to attract long-term investment and jobs.
The latest growth data underpins findings of the Council of Mayors’ independent Benchmarking South East Queensland (SEQ) – in a global context report showing the region is expected to grow three times faster than global peers over the next 20 years.
The report highlights the importance of improving connectivity, collaboration and the region’s global profile. Home to over 75 per cent of Queensland’s population, South East Queensland generates around two thirds of Queensland’s Gross Regional Product.
South East Queensland mayors joining the delegation includes:
- Brisbane Lord Mayor Adrian Schrinner
- City of Moreton Bay Mayor Peter Flannery
- Ipswich Mayor Teresa Harding
- Lockyer Valley Mayor Tanya Milligan
- Logan Mayor Jon Raven
- Noosa Mayor Frank Wilkie
- Redland Mayor Jos Mitchell
- Scenic Rim Mayor Tom Sharp
- Somerset Mayor Jason Wendt
- Sunshine Coast Mayor Rosanna Natoli
- Toowoomba Mayor Geoff McDonald
South East Queensland Mayors met:
- Hon. David Crisafulli, Premier of Queensland and Minister for Veterans
- Hon. Jarrod Bleijie, Deputy Premier, Minister for State Development, Infrastructure and Planning and Minister for Industrial Relations
- Hon. David Janetzki, Treasurer, Minister for Energy and Minister for Home Ownership
- Hon. Ros Bates, Minister for Finance, Trade, Employment and Training
- Hon. Brent Mickelberg, Minister for Transport and Main Roads
- Hon. Ann Leahy, Minister for Local Government and Water and Minister for Fire, Disaster Recovery and Volunteers
- Hon. Sam O’Connor, Minister for Housing and Public Works and Minister for Youth
- Hon. Tony Perrett, Minister for Primary Industries
- Hon. Andrew Powell, Minister for the Environment and Tourism and Minister for Science and Innovation
- Hon. Tim Mander, Minister for Sport and Racing and Minister for the Olympic and Paralympic Games
- Hon. Steven Minnikin, Minister for Customer Services and Open Data and Minister for Small and Family
- Hon. Steven Miles, Leader of the Opposition
- Nikki Boyd, Shadow Minister for Local Government and Water; •Shadow Minister for Fire, Disaster Recovery, Emergency Services and Volunteers
- Bart Mellish, Shadow Minister for Transport and Main Roads & Shadow Minister for Veterans
The full NIEIR dataset is available here: economy.id.com.au/comseq
