Business Information

Blue Mountains Economic Indicators

At the Economic Development Forum held in July 2008, the Blue Mountains City Council provided the following economic indicators based on 2006/07 ABA data and research conducted by Lawrence Consulting:

    • Estimated total turnover of all industry in the City of Blue Mountains - $2.2 Billion
  • o     Largest contributors:

      • Retail Trade - $408 million
      • Construction - $330.6 million
      • Finance & Insurance - $299.6 million

      Property & Business Services - $290.4 million

    • 5,652 businesses actively trading and registered for GST

    o     50% businesses turnover <$100,000 PA

    o     5.8% businesses turnover >$1m

    o     Ave workforce size 3.2 persons

    o     Highest average workforce - accommodation/cafes/restaurants - 13 persons

             Gross Regional Product $1,586.3m

             Largest contributors to GRP business service sector $161.2M, education $138.1m, health services $113.1m, accommodation , cafes and restaurants $104m

             Modest average annual growth of 0.6% to 2026

             Index of economic diversity 0.701 (all of NSW 0.992) - (1.0 is highly diverse)

     

    Other key indicators for the City of Blue Mountains:

             2006 Population - 74,069 (0.3% decline on previous year)

             Unemployment rate – approx. 4.3% (below Sydney region)

             12.3% of population >65yrs (above Sydney region)

             35,928 people employed

    o    52% of residents travel outside the region for employment

Madison's Mountain Retreat Madison Madison A peaceful alpaca farmstay

Operating a Business in the Blue Mountains - Menu

Brought to you by Stralia Web Brought to you by Business Roadmap

Business Roadmap provides practical business advice for small to medium sized businesses that are trying to overcome problems, or are trying to achieve their vision and full potential. Visit the Business Roadmap website for further information.

Disclaimer: While every effort has been made to provide valuable, useful information, Blue Mountains Web Pty Ltd. (trading as Stralia Web), Business Roadmap Pty Ltd. and any related suppliers or associated companies accept no responsibility or any form of liability from reliance upon or use of its contents. Any suggestions should be considered carefully within your own particular circumstances, as they are intended as general information only.

Have You Visited

Announcement
Complimentary Dinner?Ask about our 'ditch your device' campaign. Willing to sacrifice your devices for the weekend?View Eagle View Escape »