Economic Impact of Magnetic Island to Townsville North Queensland

Client: Townsville Enterprise Limited

State: QLD


AEC delivered an assessment of the economic contribution that Magnetic Island provides to the broader regional North Queensland economy. The analysis included:

  • Socio-economic profile of Magnetic Island highlighting key factors such as Gross Regional Product, unemployment, visitation and median incomes per week.

  • Input-output modelling to estimate the direct and flow-on impacts the Island generates as part of the regional North Queensland economy.

The findings of the report will be used to support future strategic decisions and advocacy/awareness of the importance of Magnetic Island.