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.
Economic development results
at 30 June 2022
Sunshine Coast Council local government area
REDS 2021-22 Annual Report
The REDS Annual Report highlights the program of activities delivered during 2021-2022 against the strategy’s five critical pathways and their respective priorities.
The REDS Annual Report 2021-22 [2715KB] 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.
History of the Regional Economic Development Strategy (REDS)
See below for more information about the strategy.
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
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
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 $18.5 billion in 2022. [Based on Gross Regional Product (GRP) reported by economy.id, Sunshine Coast Region]