Rockhampton is recognised globally as the economic heart of Central Queensland. It is home to a critical mass of residents, high quality services, facilities and a dynamic and prosperous economy driven by entrepreneurial and innovative businesses, strategic investment and international exports.
THE ECONOMIC HEART OF CENTRAL QUEENSLAND
Rockhampton’s central location along major north, south and west transport and freight infrastructure routes, its proximity to major mining and resource development, and the large customer base and labour force all have the potential to drive growth and prosperity.
Recognised nationally as the beef capital of Australia, beef produced in Rockhampton is exported across the world. In addition to beef, there are a range of emerging agricultural opportunities in the region. The potential to increase coarse grain production for use in regional feedlots to accommodate Central Queensland’s growing livestock production capacity.
The strategic location of the Fitzroy River, as well as other major water bodies and rivers in Central Queensland, uniquely positions Rockhampton to take advantage of horticultural opportunities, widely accepted as the fastest growing segment in global food production.
With a resilient and stable economy, affordable cost of living for residents and businesses, a subtropical climate and a large regional airport providing connectivity, Rockhampton holds a number of critical enablers to seize new opportunities and strengthen its economic diversity.
As the beef capital of Australia, the region is the state’s second largest contributor, by value, of agricultural commodities in Queensland. Central Queensland is dominated by beef cattle production and also supports rain-fed and irrigated cropping, horticulture and forestry.
Rockhampton’s beef value production represents one third of all Queensland production with three major abattoirs, around 4 million head of cattle, and over $1bn in overall product value.
The region also produces around 40% of Queensland’s coal, and is strategically located within close proximity to Queensland’s major mining regions, servicing the Bowen and Galilee Basins within Central Queensland.
Rockhampton is home to one of the most advanced powerhouses in Queensland, Stanwell Power Station, which is also one of the most efficient, automated and economical coal-fired power stations in Australia.
The region has a prosperous economy driven by its central location along major north, south and west transport and freight infrastructure routes, and proximity to major mining and resource development.
Rockhampton holds a number of critical enablers, including broadacre and intensive agriculture, and close access to pivotal transport network infrastructure, including Port Alma and the Port of Gladstone, that provide closer access to international markets than many other agricultural hubs in Australia.
With a resilient and stable economy, affordable cost of living for residents and businesses, a subtropical climate, and a large regional airport providing connectivity, it’s no wonder Rockhampton is quickly becoming known as the dynamic, strategic backbone to advancing Queensland’s overall business investment attraction and liveability.