Food and Grocery Manufacturing economic snapshot 2018-19
Food and grocery manufactoring in south east queensland Delivering $7.68 billion economic boost
FOOD and grocery manufacturing is establishing itself as a key growth industry in South East Queensland, generating $7.68 billion in annual turnover and $915 million in wages across the federal electorates of McPherson, Bonner, Griffith, Brisbane and Oxley.
New figures released by the Australian Food and Grocery Council (AFGC) in its first Food and Grocery Manufacturing in South East Queensland Economic Snapshot 2018-19, show the sector employs 11,790 people across the electorates and is responsible for 29.1 per cent of total manufacturing output.
Federal Member for McPherson and Minister for Industry, Science and Technology Karen Andrews said the government is strengthening regional Queensland and providing opportunities for food and grocery manufacturing businesses to thrive.
“Food manufacturing is critical to our ongoing economic growth and the Morrison Government is committed to creating the environment for manufacturers to continue to innovate, grow and create new jobs,” Minister Andrews said.
“In my own electorate there are great local success stories like the Vege Chip Company, that’s been operating for more than 25 years, providing long-term employment for locals. The Morrison Government is determined to see more of these successes.”
AFGC CEO, Tanya Barden, said the sector made a vital and important contribution to the South East Queensland economy and provided stable and secure employment in the region across a range of industries.
“The food and grocery manufacturing sector is South East Queensland’s quiet achiever, helping to diversify the local economy and provide employment and skills growth in the region,” Ms Barden said.
“Food and grocery manufacturing employers in South East Queensland range from major global companies like PepsiCo in Tingalpa to proud local brands like The Vege Chip Company in Currumbin Waters.
“These operations are dedicated to ensuring local workers have job security and the chance to upskill. They continue to invest and innovate at their facilities and provide employees with pathways to exciting careers.”
Ms Barden said Australia’s food and grocery manufacturing sector was a key economic driver, with an annual turnover of $131.1 billion.
“The food and grocery manufacturing industry is central to the health and wealth of our nations,” Ms Barden said.
“It is also central to the health of regional economies, with about 42 per cent of those employed in the sector located in regional and rural communities.
“The AFGC is committed to keeping the sector strong and resilient because it is an industry that is sustaining Australia.”
Key points:
- Jobs – South East Queensland food and grocery manufacturing businesses employ 11,790 workers.
- Wages – Wages and salaries pump $915 million into the South East Queensland economy annually, worth an average $77,000 for every full-time equivalent worker. This constitutes 19.9 % of the manufacturing sector wages and salaries for the region.
- Economics – The sector contributes $7.68 billion in annual output. This represented 29.1% of manufacturing output and 3.9% of the total output in South East Queensland.
Table 1-1 Summary – South East Queensland Food, Beverage and Grocery Manufacturing, 2018
Table 2: Table 1-2 Summary – South East Queensland Food, Beverage and Grocery Manufacturing, 2018
