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Exciting Economic Growth in the Whitsunday Region!

By Ray White Whitsunday

The Whitsunday Region has experienced significant economic growth over the past year, solidifying our position as a thriving community.  Between 2021 and 2022, our regions economy grew by $150m, bringing our total gross regional product to over $2.7m annually. 

The driving force behind this growth is our thriving population, which has been growing at a rate higher than the state average in Queensland, bringing our population to 38,580 residents and is continuing to rise. 

In response to this growth, our industries have been quick to adapt and expand. During that same period, there were 102 new Australian Business Number (ABN) registrations, signaling the birth of new enterprises in our region. Morevover, an additional 720 jobs were created, providing opportunities for our residents to thrive. 

Construction business had the most significant growth, with 23 new small businesses that have recently registered in this sector showcasing the entrepreneurial spirit and innovation within our community.  

Our success extends beyond our region, as we continue to attract visitors from across the nation.  The domestic overnight visitor expenditure has experienced a staggering growth of 45.2% over the past three years, reaching a record $1.5b.  This is accompanied by the arrival of 851,000 domestic visitors in 2022.  

These achievements are a testament to the resiliance and dedication of our business community.  As we move forward, let us embrace the opportunities that lie ahead, continuing to foster growth, prosperity, and a vibrant future for the Whitsunday Region. 

Our Economic Development Team are eager to hear from you regarding any business enquiries, upcoming initiatives, or investment opportunities.  We welcome your involvement, so please don’t hesitate to contact us to see how we can assist you at business@whitsundayrc.gld.gov.au

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