June 05, 2025
Background
Mackay is one of Australia’s fastest growing regions with a population of 128,000 and continued growth projected over the next 20 years. Mackay’s economic landscape is innovative, forward thinking, and diverse, with a strong focus on embracing transformation to ensure the region remains relevant and continues to grow. With almost $50 billion worth of projects currently approved, under development, or planned, Mackay is experiencing unprecedented investment momentum. These projects reinforce Mackay’s position as a dynamic regional centre and a magnet for future-focused development and business growth.
Project Goals
The purpose of this economic profile is to provide Mackay Regional Council with insights into a range of social and economic factors, with a specific focus on population, employment, housing, and tourism. This profile will help Mackay Regional Council establish a baseline for benchmarking, informing stakeholder engagement activities, social reporting, and local strategy development.
REMPLAN’s Involvement
REMPLAN compiled an economic profile for Mackay Regional Council to reflect the current state of Mackay’s economy and the key changes occurring within Mackay. REMPLAN’s regional economic modelling and analysis system will be used to create the economic profile. REMPLAN will use its inhouse software suite for all analysis and modelling for the profile.
Results
The economic profile highlighted that Mackay is estimated to generate $14.0 billion in value-added, $27.0 billion in gross revenue, and support the current 54,582 jobs across the region.