EDA Journal Vol 10. No.2 Spring 2017 | Page 19

ECONOMIC DEVELOPMENT QUARTERLY government planning and economic development projects. Officers can now access real (not modelled) data on economic activity to gain a far more accurate picture of retail and commercial activity within any given geography, by expenditure category, by month and by origin of expenditure. This thorough and objective input was used to forecast floorspace demand for Broome while factoring in seasonality and source (e.g. tourist or resident). The result was a more resource-efficient strategy development process, with the findings and initiatives backed by levels of evidence previously unseen in this line of work. ECONOMIC DEVELOPMENT INITIATIVES – OVER 15,000 RESIDENTS WINNER SUNSHINE COAST COUNCIL “Mary Cairncross Scenic Reserve Rainforest Discovery Centre” FINALIST RDA TOWNSVILLE & NORTH WEST QUEENSLAND “IQ-RAP Roads to Economic Development” The Inland Queensland Roads Action Plan (IQ- RAP) is a major initiative to drive economic growth and jobs in regional Queensland. A common goal to improve regional sustainability, productivity and safety on Queensland’s inland road network resulted in a collaboration of 49 funding partners, including; 33 councils, (32 of those in rural and regional Queensland), 8 Regional Roads and Transport Groups (RRTGs), 5 Regional Development Australia (RDA) committees and the RACQ to develop a road network plan - the IQ-RAP. The IQ-RAP is the first of its type in Australia, which identifies and prioritises upgrades on a rural road network of around 16,000 kilometres over the next 18 years. The IQ-RAP area covers 82% of Queensland’s area and 19% of Australia. A key objective of the plan is to establish a methodology for prioritisation of road network investments in western and eastern Queensland based on: economic value, strategic intent, safety, access and social value. The IQ-RAP has identified over 3,000 kilometres of road and more than 300 bridges require upgrades to meet a fit for purpose standard at an average cost of $277m per annum. Since the IQ-RAP was publicly launched in February 2016, the Working Group has presented the plan to more than 1,000 stakeholders through meetings and forums. More than $300 million has been invested in the IQ-RAP network since its launch, with many organisations advocating for this investment. Developed by Sunshine Coast Council, the, $4.7m Mary Cairncross Scenic Reserve Rainforest Discovery Centre at Maleny represents a new world-class standard in design, innovation and sustainability for public buildings. The Centre delivers significant economic benefits to the region as part of Queensland’s $23b Nature- based tourism industry. The Sunshine Coast visitor economy currently injects almost $2.81b of direct expenditure and an estimated overall expenditure (direct and indirect) impact of $4.6 billion, supporting an overall 42,251 jobs. Since opening in February 2017, the new centre has already exceeded projected visitation by 50% with an annual projection of some 300,000 local and international visitors expected to visit over the next 12 months. Event bookings and enquiries have increased exponentially and jobs creation during and after construction is significant. The Centre comprises an innovative Rainforest Education Centre featuring interactive displays, multi-sensory experiences and exhibits; an elevated VOL.10 NO.2 2017 | 19