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Economy

The building blocks of opportunity

From highly skilled labour exchanges across the border with the ACT, to specialised manufacturing and agricultural industries, Queanbeyan-Palerang’s economy is robust and future-proof.

With close proximity to Canberra’s 400,000 residents, the south-east NSW population of 750,000 and access to Canberra’s world-classs educational institutions, a highly skilled local workforce has facilitated the expansion and diversification of a rich knowledge economy.

GRP

$2.42b and climbing

Queanbeyan-Palerang has a Gross Regional Product of $2.42b, drawn from a diverse base of industries and showing long-term growth.

GRP

$2.42b and climbing

Queanbeyan-Palerang has a Gross Regional Product of $2.42b, drawn from a diverse base of industries and showing long-term growth.

Local Businesses

Sustained growth

4,593 local businesses are registered in Queanbeyan-Palerang, with a concentration in the construction, agriculture, and professional, scientific and technical services industries; the nu. . .

Local Businesses

Sustained growth

4,593 local businesses are registered in Queanbeyan-Palerang, with a concentration in the construction, agriculture, and professional, scientific and technical services industries; the number of active enterprises is growing annually.

Unemployment

Secure labour market

An unemployment rate of just 4% places Queanbeyan-Palerang over 2.5 percentage points lower than the regional NSW average and reflective of an educated, productive and reliable workforce.

Unemployment

Secure labour market

An unemployment rate of just 4% places Queanbeyan-Palerang over 2.5 percentage points lower than the regional NSW average and reflective of an educated, productive and reliable workforce.

Building Approvals

$193m 2017-18

The value of residential and commercial building approvals in Queanbeyan-Palerang over 2017-18 was $193m, reflecting the confidence in the local economy.

Building Approvals

$193m 2017-18

The value of residential and commercial building approvals in Queanbeyan-Palerang over 2017-18 was $193m, reflecting the confidence in the local economy.

Exports

$805m in 2017-18

Queanbeyan-Palerang's sales of goods and services over FY 17/18 exceeded $805m with the largest exporting sectors being manufacturing and public administration, valued at $221m and $218m . . .

Exports

$805m in 2017-18

Queanbeyan-Palerang's sales of goods and services over FY 17/18 exceeded $805m with the largest exporting sectors being manufacturing and public administration, valued at $221m and $218m respectively.

Employment

by industry sector

  1. Construction
  2. Public administration and safety
  3. Manufacturing
  4. Health care and social assistance
  5. Retail trade
Employment

by industry sector

  1. Construction
  2. Public administration and safety
  3. Manufacturing
  4. Health care and social assistance
  5. Retail trade

Engine Industries driving our region

In response to regional economies narrowing and deepening across the globe, the NSW Government has identified 'engine industries' which employ a higher proportion of people compared to other regions. These engine industries reflect an area’s competitive advantages and endowments.

Queanbeyan-Palerang shows strength across all of the Regional NSW engine industries, providing us with the means to become national and regional leaders in areas including defence, advanced manufacturing, renewable energy, health and recreational care, freight and logistics and agribusiness and forestry. The area brings a range of highly-specialised industries to NSW’s regional portfolio, and our business environment provides the foundation for the success of new businesses in these areas.

01
Agribusiness and Forestry
02
Resources and Mining
03
Tourism and Hospitality
04
Tertiary education and skills
05
health and residential care
06
Freight and logistics
07
Defence
08
Advanced Manufacturing
09
Renewable Energy
10
technology-enabled primary industries

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