Month of Manufacturing celebrates Queensland business innovation

Published:

NOTE: This article is older than 12 months

Queensland is right now celebrating the success of its manufacturing sector, which contributes approximately $20.3 billion annually to the state’s economy and employs around 170,000 Queenslanders across the state.

Minister for Manufacturing Cameron Dick said October’s Month of Manufacturing acknowledges ongoing innovation from the state’s 16,000 manufacturing businesses.

“Queensland continues to be a leading manufacturing state because our businesses keep innovating and adapting to secure new national and global markets,” Mr Dick said.

“As our manufacturers gain expertise in new practices, such as robotics and automation, they can supply high-value goods and services and create skilled jobs.

“As Queensland’s first Minister for Manufacturing for many years, I’m proud of the Palaszczuk Government’s work to help businesses transition to advanced manufacturing practices through initiatives such as the $46 million Made in Queensland (MiQ) grants program.

“Round 1 and 2 of MiQ has already seen more than 190 jobs created, with over 930 jobs expected over five years, while around $92 million in private sector investment has been generated, and through MiQ Round 3 we’ll build on these numbers further.”

Mr Dick said key performance indicators showed Queensland manufacturing was a growth story.

“Over the past decade, Queensland has increased its share of national manufacturing from 17.4 per cent to 19.3 per cent. Over the same period, New South Wales’ share increased by 0.1 percentage points and Victoria’s share declined by 1.1 percentage points,” he said.

The latest Performance of Manufacturing Index (PMI) figures also indicated Palaszczuk Government initiatives to support and grow the industry were working.

“Queensland’s score on the national PMI, on a 12-month average to the end of September 2019, is now 53.7 points, above the national average of 52.4, and at a level indicating solid growth,” Mr Dick said.

“The measure, calculated by the Australian Industry Group, takes into consideration variables including production, orders, supplier deliveries, inventories and employment with scores above 50 indicating manufacturing activity is expanding.

“Queensland’s PMI has now been above 50 for the past 43 months, since March 2016, a great achievement by our manufacturers.

“Manufacturing directly employs around 170,000 Queenslanders, a total of 6.6 per cent of the state’s workforce, making it the state’s sixth largest employment industry, according to September quarter 2019 figures.”

Queensland Head of the Australian Industry Group Rebecca Andrews said manufacturing is a vital part of the Queensland economy with a bright future ahead.

“Queensland manufacturing is well placed to have the most prosperous period of its history given our proximity to the growth economies of Asia, rich mineral deposits, high-quality food industry and an emerging advanced manufacturing and high-technology sector,” Ms Andrews said.

“Because of this our manufacturers have a great opportunity to ride the wave of technological change that is sweeping global supply chains."

Mr Dick said of the $20.3 billion manufacturing contributes to the Queensland economy annually, $5.4 billion is contributed by regional manufacturers.

“Queensland businesses are manufacturing everything from bush tucker foods through to motorsport vehicle parts, injection moulded plastic ute trays, robotic-painted coffins, mining industry equipment and craft beers,” he said.

“Our manufacturers are exporting products and innovation to the world, and this month, we celebrate their success.”

Palaszczuk Government initiatives assisting manufacturers are included in the Advanced Manufacturing 10-Year Roadmap and Action Plan.

Shortlisted applicants for MiQ Round 3 will be invited to submit detailed applications in November.

To learn more visit the Made in Queensland webpage.


Minister for State Development, Manufacturing, Infrastructure and Planning
The Honourable Cameron Dick

 
Business Political Queensland Government
Social:   

Cameron Dick, Queensland Government, Treasurer and Minister for Investment :
1 William Street, Brisbane Qld 4000, Queensland Wide
Cameron Dick, Queensland Government,  Treasurer and Minister for Investment
Showing 10+ recent articles for this business
Build-to-Rent developer sought to transform former court site 15 January 2021 | Two new affordable housing projects are set to be built in inner Brisbane after the Palaszczuk Government started two more procurement processes under its Build-to-Rent Program. More information...
$9.6 million in further funding to disaster proof 05 October 2020 | Communities from the Torres Strait to the Gold Coast will benefit from an almost $9.6 million investment in projects to improve local disaster resilience and risk reduction. More information...
More funding to help Queensland communities 05 October 2020 | $1,610,000 to improve and create new links within a priority section of Noosa’s hinterland trails network in Noosa Shire Council More information...
Build-to-Rent developers locked in to boost affordable housing options 03 October 2020 | The Palaszczuk Government has secured agreement with two leading national builders to develop the first two affordable housing projects under the Build-To-Rent program. More information...
Time for LNP to come clean on secret list of cuts 01 October 2020 | Treasurer Cameron Dick has called on Deb Frecklington to come clean with her secret list of cuts so Queenslanders know what they are facing before they go to start voting. More information...
Palaszczuk Government drives jobs and industry growth through reduced landfill 26 September 2020 | The Palaszczuk Government is investing nearly $27 million in recycling projects that will create jobs and support businesses in the resource recovery sector while reduce the amount of rubbish sent to landfill. More information...
$2 million for disaster resilience projects that protect and educate 23 September 2020 | Queensland’s 77 councils and one town authority will share in $2 million to better prepare for natural disasters as part the 2020-21 Get Ready Queensland program. More information...
Seasonal worker funding package part of Wide Bay economic recovery plan 22 September 2020 | The Treasurer said the funding package would support up to 500 jobs and ensure our thriving agriculture sector remains a vital part of Queensland’s recovery. More information...
Palaszczuk Government takes women on boards target to new heights 21 September 2020 | Following the latest appointments and reappointments to Queensland Government boards, the Palaszczuk Government has exceeded its 50 per cent women on boards target. More information...
Frecklington must outline cuts to Wide Bay 22 September 2020 | Treasurer Cameron Dick has today called on Deb Frecklington to outline what cuts she will make in the Wide Bay region, to pay for the LNP’s $23 billion in unfunded promises. More information...


comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service