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Proudly resourcing Queensland

$120.2 billion

to Queensland’s economy (2023-24 financial year)

jobs supported by resources sector
in every $4
of Queensland’s economy
$ .8 billion
spent across businesses and community organisations
$.3B
in wages
The resource sector’s $7.3 billion in wages powers Queensland's workforce.
jobs
Creating 62,730 jobs, the sector drives Queensland's growth.
$.8B
in royalties
spent on critical economic and social infrastructure and essential services across Queensland.
+
businesses supported
Supporting over 17,000 local businesses, the resources sector proves to be a key pillar in Queensland's economy.
charities and sporting clubs
The sector's support for more than 1,600 charities and clubs underscores its pivotal role in fostering Queensland's community strength.

Funding $12.8 billion in royalties

for Queensland’s future

Education
Roads
Health
Law and order

Total spend by commodity

View the sector's contribution to Queensland

2023-24 Statewide economic contribution

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How is the data tracked and collated?

QRC tracks industry spending by collecting member expenditure data to create a detailed overview of Queensland’s major export industry, analysed down to postcode levels.

Spending is categorised as direct and indirect. Direct spending is based on QRC members’ financial records, measuring expenditures through invoices. Indirect spending is estimated through economic modelling, gauging additional economic activity generated by direct spending.

For instance, when a resource company buys a vehicle (direct spending), the dealership’s income increases (indirect spending). Similarly, a resource employee’s wage (direct spending) spent on a car also boosts the regional economy (indirect spending). Indirect spending data, though not directly collected, is estimated through advanced economic modelling by an independent consultant.

 

Economic reports

Each year, QRC collects a full year of confidential industry spending data and then has an independent expert run detailed economic models. The Lawrence Consulting Economic Report is available annually, and details how the sector benefited every corner of the Queensland economy, dating back to 2010-11.