Defence Department Brings Jobs and Dollars to Queensland
Queensland is transitioning to a khaki state, with thousands of new jobs and billions of dollars in investment to wash through the Greater Brisbane economy over the next five years, a new report reveals.
An Australian Defence Force report prepared by advisory powerhouse KPMG and exclusively obtained by The Courier-Mail, shows investment at Amberley’s Air Force Base alone could double its contribution to the Greater Brisbane economy to $1.2 billion by 2019-22.
While ground zero for jobs is Ipswich, the report projects a work boon across the state through services and manufacturing supply.
It is good news for Ipswich, which is reeling from the recent announcement that two meatworks will close at a cost of 750 jobs.
The report reveals the value of defence investment at a time when Queensland is vying for a $5 billion “tank on wheels” contract.
“Almost $1 billion worth of infrastructure projects have been delivered by the Base in the past decade,’’ the report says.
“Over the same period, employment in the local economy (Ipswich) has grown by almost 25 per cent, which is significantly faster than the 18 per cent increase in employment recorded by the Greater Brisbane region and the 16 per cent increase in employment recorded by Queensland.
“It is estimated that the Base currently directly and indirectly contributes total fulltime equivalent (FTE) employment of 3925 to the Greater Brisbane economy.
“By 2019-20, this direct and indirect job create by the Base could reach over 6700 FTE workers across the Greater Brisbane region and almost 7000 workers in total across the state.”
Ipswich is the third largest region for Defence employment, after Brisbane and Townsville.
Amberley is home to Super Hornet and Growler flying operations, and key investments have been made in the past year by the Turnbull Government.
Industry Minister Christopher Pyne said Amberley was a significant driver of Queensland’s economy.
“This is a great example of what happens when the Government puts its shoulder to the wheel, and leverages its defence spending to create Australian jobs and grow Australian industry,” Mr Pyne said.
Under the Turnbull Government, almost $600 million has been awarded to Royal Australian Air Force to upgrade its E-7A Wedgetail airborne early warning and control capability.
In Brisbane, 120 jobs will be created with another 45 between the RAAF Bases at Amberley and Williamtown.
This was originally published by the Courier Mail.