Natural resources plays vital role in Queensland economy

Last Modified: Mon Oct 31 2016 09:36:29 GMT+0530 (India Standard Time)
  • $55.7 billion
    estimated contribution of the natural resources sector to the Queensland economy in 2015-16
  • 309,500
    full-time jobs created across Queensland in 2015 – 2016.
  • 1 in 5
    dollars - the natural resources sector directly and indirectly contributed to Queensland’s economy, according to Michael Roche, Queensland Resources Council Chief Executive.
  • 1 in 7
    jobs in Queensland are in this sector.
  • 20,000
    Number of local businesses that supplied to the sector.
  • 58%
    of direct spending contribution came from coal, the largest in the sector, followed by the gas sector spending 23% and metals sector spending 15%.
  • $2.2 billion
    paid in royalties to the state government by the sector, which is equivalent to the wages of more than 36,000 teachers or 32,000 police or 30,000 nurses, Roche added.
  • $476 billion
    contributed by the sector to the state’s economy over the past 7 years.
  • 374,000 jobs
    supported per year on an average during this period.
  • 914
    community organisations and charities around the state received voluntary contributions from companies in the sector, which in turn helped them to provide vital services.