top of page

Economic Impact Assessment of Property Sector 2019

AEC has been providing assessments of the economic contribution of the property sector for the Property Council of Australia (PCA) for over a decade. We were most recently engaged to provide an assessment of the contribution in 2020, examining the contribution for the 2018-19 financial year. This project involved assessing the contribution of the property industry to the Australian economy, as well as in each State/ Territory, Federal Electorate, State Electorate and local government area. The economic contribution was measured in terms of contribution to GDP/ GSP/ GRP, employment, wages and salaries and taxes in 2018-19. The analysis also provided comparison to the property industry's contribution to the national and State/ Territory economies each year since 2006-07.


The contribution of the property industry to GDP/ GSP/ GRP, employment and wages and salaries was undertaken using a significance model based on an input-output framework, which enabled analysis of both the direct and flow-on effects of the property industry within the national, State/ Territory, electorate and LGA economies.


The final outputs were compiled into one national report and eight reports covering each State/ Territory. Four page flyers were also developed for Australia and each State/ Territory, as well as every State and Federal electorate and LGA in Australia, for marketing purposes.




Comments


bottom of page