As we move into 2025, Central Queensland’s economy is displaying signs of resilience and growth, driven by expanding industries, job creation and infrastructure projects.
Employment Growth and Industry Outlook
Central Queensland is on track to experience the fourth-fastest employment growth in the state by 2025-26, reflecting the region’s evolving economic landscape. Projections from Jobs Queensland’s Anticipating Future Skills Series 4 indicate that the region will account for 4.8% of Queensland’s total workforce, with one in four workers employed in blue-collar industries. The Health Care and Social Assistance sector is poised to lead job growth and employment in Central Queensland, driven by rising demand for aged care, disability services and medical professionals.
Recent Employment Trends and Statistics
In December 2024, Central Queensland saw a notable increase in employment, with the number of employed persons rising by 7,700 (6.2%) to reach 131,200. Despite this growth, the region's unemployment rate rose to 5.1%, marking an increase of 0.2% from the previous year. This placed Central Queensland with the fourth-highest unemployment rate among the 19 statistical regions within Queensland. However, the participation rate in the region grew to 71.8%, a 3.1% increase from the previous year. Notably, the Mackay - Isaac - Whitsunday region recorded the lowest unemployment rate across all statistical regions in Queensland, with a strong rate of 2.2% in December 2024.
Australian Business Activity Shows Signs of Recovery
Australian business activity saw a rebound in December, driven by strong Christmas demand, particularly in the retail sector, which helped to offset the challenges of rising costs. The National Australia Bank (NAB) survey revealed that the business conditions index rose by 3 points to +6, partially recovering from a significant drop in November. While business confidence remains weak, with the index improving slightly to -2, sales and profitability showed modest growth, with sales rising by 3 points to +9 and profitability climbing by 4 points to +4. Employment conditions also saw a slight improvement, with the employment index increasing by 1 point to +4. Despite these gains, the cost of living continues to impact consumer demand, though labour cost growth has slowed, indicating that wage pressures may be softening.
New Criminal Underpayment Laws Now in Effect
From 1 January 2025, deliberately underpaying employees’ wages or entitlements can now be considered a criminal offence under new federal laws. While honest mistakes are not included, businesses found guilty of intentional wage theft may face criminal prosecution, fines or even prison sentences. To help businesses comply, the Voluntary Small Business Wage Compliance Code offers protections for small employers who unintentionally underpay staff, provided they take proactive steps to rectify issues. The Fair Work Ombudsman has also introduced cooperation agreements, allowing businesses to disclose underpayment concerns and potentially avoid criminal prosecution. These reforms mark a significant shift in workplace compliance, reinforcing the importance of fair wages and transparent business practices.
Renewable Energy Expansion and Job Creation
Central Queensland's renewable energy sector is set for a boost with the development of the Capricornia Pumped Hydroelectric Storage System, a 12 GWh pumped hydro project located west of Mackay. The project, led by the Gamuda-Ferrovial Joint Venture in partnership with Capricornia Energy Hub, is expected to provide reliable and affordable power to approximately 900,000 Queensland homes. With construction slated to begin in 2026, the initiative will generate an estimated 600 jobs at peak construction and 65 permanent positions once operational. The involvement of Copenhagen Infrastructure Partners, one of the world’s largest clean energy investors, highlights Central Queensland’s growing role in Australia’s renewable energy transition.
Queensland Government Reviews Renewable Energy Projects
The new Queensland state government, led by the Liberal National Party under Premier David Crisafulli, has taken steps to review and regulate renewable energy projects, following through on its election commitment to align renewable approvals with other land uses like mining. This includes issuing a proposed call-in notice for the Moonlight Range Wind Farm near Rockhampton, which was initially approved to deliver 450 megawatts of power from 88 turbines. Deputy Premier Jarrod Bleijie has opened a public consultation period until 14 March to determine whether the project should be reassessed in the state’s interest.
Major Bruce Highway Upgrades
A $9 billion investment package, jointly funded by the Australian and Queensland Governments, is set to deliver critical safety and infrastructure upgrades to the Bruce Highway. With $7.2 billion committed federally, this initiative aims to reduce congestion, enhance flood resilience and improve road safety, particularly in high-risk sections north of Gympie. Planned upgrades include safety barriers, wider center lines, better road markings, additional overtaking lanes and improved intersections, making the highway more durable against severe weather. Consultation with the Queensland Government and Bruce Highway Advisory Council will determine specific projects, with works set to begin in 2025. These enhancements will support safer travel, efficient freight movement and economic growth across Central Queensland.
Summary
Looking ahead, Central Queensland’s workforce and industries are poised for continued growth, supported by strategic investments in energy, infrastructure and economic diversification. While challenges remain, the region’s evolving landscape provides significant opportunities for businesses and workers alike.
Jobs in Central Queensland is your platform for regional jobs backed by a team of local, experienced Talent Advisors. For more information and insights about local job opportunities and recruitment support, visit JobsinCentralQueensland.au.
