16 May Toowoomba Region Economic Profile – 2014

Toowoomba Regional Council commissioned REMPLAN to provide a consolidated economic report for the Toowoomba region.

The ‘Toowoomba Region Economic Profile – April 2014’ was released early May 2014 and provides an update of the Toowoomba Region Economic Profile – 2013. The Economic report covers a range of topics including: regional overview; demographics; employment; industry; housing; tourism; trends and a summary.

• In January 2014 the Australian Government and the State Government of Queensland declared that “One of Queensland’s highest priority road infrastructure projects have been secured for the state, with the federal and Queensland governments announcing they will deliver the vital Toowoomba Second Range Crossing (TSRC).”  The Queensland Deputy Premier said that the TSRC would help drive Queensland’s economic growth by creating jobs and providing a gateway to the state’s resource-rich Surat Basin and the agricultural food bowls of the Darling Downs.
• Located approximately 17kms west of Toowoomba’s CBD is the Brisbane West Wellcamp Airport which is due for completion by October 2014.  The 2.87 runway km runway will be capable of catering for Boeing 747s and will cater for both passenger and freight transport.  Part of the airport is the Wellcamp Business Park which will focus on aviation, logistics, transport, corporate and mining services.