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.
Source: economy.id, Sunshine Coast Region, for the financial year ending June 2022
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).
REDS 2022-23 Annual Report
The REDS Annual Report highlights the program of activities delivered during 2022-2023 against the Strategy’s five critical pathways and their respective priorities.
The REDS Annual Report 2022-23 (PDF, 2836KB) 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.
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 $20.96 billion1 in 2023.
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