Welcome to Redland City Economic Profile

Redland City's Gross Regional Product is estimated at $4.66 billion, which represents 1.6% of the state's GSP (Gross State Product).

Redland City's economic profile presents economic information that enables you to describe the area's role within the broader economy, explore options for economic development and promote the area's strengths. The information presented here is derived from official sources of information (Australian Bureau of Statistics) as well as Australia's leading economic modellers, NIEIR. The latest data from each series is always presented in this site.

Economy.id industry structure and industry sector profiles use a National Accounts regional econometric model developed by National Economics (NIEIR).

NEWS

Enhanced work destination data now included

(18/09/2014)

economy.id now contains a new dataset which improves the estimate of workers in a given area.

How is retail trade tracking?

(7/08/2014)

Retail trade figures are an important indicator of economic health. The latest June 2014 figures are now available. View the trends here.

How are building approvals tracking?

(7/08/2014)

The latest residential and non-residential building approvals figures have been released.Find out how your area is tracking.

How does your economy compare?

(29/07/2014)

The National Economic Indicators Series provides a snapshot of every LGA in Australia against key economic measures, showing how it contributes to the broader economy and how it is performing in relation to other areas. This series has been updated with 2013 data and now has three years of comparative data to draw from.Read more

How to calculate the economic impact of an event

(26/06/2014)

Events are very important contributors to local and regional economies. A successful well run event can provide significant value to an area by adding jobs and money to the local economy and providing cultural and social benefits. Councils are often approached to support events in their local community. How do they decide which ones to support? .id has launched an Event Impact Calculator to help.

Shift share analysis for calculating competitive advantage

(29/05/2014)

Shift Share Analysis is simply a way of breaking the employment growth or decline in an industry sector into three components to help understand what is driving the change. Learn how to calculate it here.

This economic profile is just one of a family of demographic and economic resources available for this area and other areas across Australia. The full suite of resources includes community profiles, population forecasts, social atlases and economic profiles. You can be confident using them for planning, research and advocacy as they are compiled and maintained with the latest data by population experts, .id. Access them online in the Demographic Resource Centre