Economic Impact of Queensland Petroleum & Gas Sector 2011-2023
The ‘Economic Impact of Queensland Petroleum & Gas Sector 2011-2023’ report examined the significant impact the gas sector has made across the state in the past twelve years, particularly in regional Queensland.
Commissioned by Australian Energy Producers and conducted by Lawrence Consulting with support from the Queensland Resources Council, the report underscores the industry’s vital role in driving economic growth and supporting local communities.
Over the 12-year period, the industry directly spent $80.4 billion in Queensland, comprised of:
- $9 billion in wages and salaries to an average direct workforce of 4,736 full time employees;
- $65.8 billion in purchases from an average of 3,135 local businesses and donations to an average of 289 community groups and charities;
- $646 million in payments to local Governments; and
- $6.95 billion in payments to the Queensland Government.
Click here to view a fact sheet summarising the report.