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Since 2013, the Sunshine Coast Regional Economic Development Strategy (REDS) has provided a vision and blueprint for the new economy – a prosperous, high value economy of choice for business, investment and employment, while offering an enviable lifestyle and environment. 

$29.08 billion

GRP

+3.22%

growth

$19.5 billion

public and private investment planned/underway

$10.03 billion

exports of goods and services produced in region

39,239

businesses

381,957

people

3.4%

unemployment rate

+1.6%

annual change in local jobs

1Source: economy.id, Sunshine Coast Region

REDS 2024-25 Annual Report

The REDS Annual Report highlights the program of activities delivered during 2024-2025 against the Strategy’s five critical pathways and their respective priorities.

The REDS Annual Report 2024-25 (PDF, 13MB) draws together a range of data, information and insights to identify and demonstrate the valuable work achieved over the past year in delivering on the priorities of the Regional Economic Development Strategy, in collaboration with our signatories and partners.

REDS 2013-2033 Refresh and Five-Year Implementation Plan 2023-2028

The updated Strategy provides a program of action over the next five-year block of implementation (2023-2028) to drive further progress towards the delivery of a continued strong, new economy for the Sunshine Coast region to 2033. View the snapshot here (PDF, 272KB).

Growth economy

Since the development of the REDS, Sunshine Coast Council has been driving infrastructure investment, urban development, population growth, innovation and the nurturing of high value industries.

As a result, the Sunshine Coast economy has undergone a period of significant growth and diversification.

The region has grown from a $13.8 billion economy in 2013 to an economy worth $26.33 billion1 in 2024.

History of the Regional Economic Development Strategy (REDS)

See below for more information about the strategy.

2013

A $13.8 billion economy

59,000 employment opportunities in high value industries

13.6% of goods and services produced for export outside the region

Household income levels 22.3% below the state average

2033

A $33 billion economy

100,000 employment opportunities in high value industries

20% of goods and services produced for export outside the region

Household income levels above the state average