Gold Coast Economic Pulse Check

The Gold Coast economy is booming, with major growth across construction, healthcare, tourism and professional services. Discover what the latest economic pulse check means for hiring, talent shortages and workforce planning in 2026.
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What a way to kick off a Wednesday morning – hearing a valuable economic pulse check on the future direction of the Gold Coast.

The message was clear: the Gold Coast is not just growing – it’s accelerating. But with growth comes pressure, opportunity and some important questions for businesses, particularly when it comes to workforce planning.

Here are the key takeaways:

Construction Still Leads, But Attention Is the Real Challenge

Unsurprisingly, construction remains the city’s largest industry, valued at $4.5 billion, with nearly 7,000 development applications lodged last year.

However, the challenge is not simply the volume of projects or pushing approvals through the system. The real need is ensuring each application receives the right level of attention so developments can move forward and actually get a shovel in the ground.

This highlights a continuing demand for:

  • Project delivery professionals

  • Commercial capability

  • Workforce planning and operational leadership

Growth is happening, but execution capacity will determine how quickly projects turn into reality.

Diversification Is Accelerating

The Gold Coast economy is evolving beyond its traditional strengths.

High-growth investment and opportunity are accelerating across:

  • Education

  • Health

  • Technology

  • Creative industries

Projects like the Miami Arts Precinct are a strong example of this shift, creating increased demand for specialist, professional and leadership roles across emerging sectors.

The city is diversifying and with that comes a broader, more complex talent landscape.

Business Development Is Now a Competitive Advantage

With billions being invested across the region, competition is increasing not just for projects, but for people.

Businesses that invest early in:

  • Business development

  • Operations capability

  • Leadership capacity

will be the ones best positioned to scale and capture the opportunities ahead.

Waiting until growth arrives is no longer a strategy. Preparing for growth is.

Infrastructure Investment = Workforce Planning

Over the next five years, $3.6 billion in infrastructure investment is planned for the Gold Coast.

This level of investment reinforces the importance of proactive workforce and succession planning.

But it also raises a critical question from a construction and workforce perspective:

If we are already facing a shortage of skilled workers, what is the long-term plan to ensure we don’t price them out of the very city they are helping to build?

Not every salary stretches to a waterfront apartment — yet the city’s growth depends on the people delivering it.

This is a conversation that needs to continue.

Tourism Growth Is Supporting Broader Employment

Tourism continues to be a major economic driver.

In 2025, international visitor spend reached $1.5 billion, an increase of 28.3%.

This growth flows across hospitality, retail, events, and service industries — supporting employment across a wide range of roles and skill levels.

Strong Finances Build Confidence

Another encouraging takeaway was the city’s financial position.

  • $438 million in savings has strengthened confidence for reinvestment

  • By 2032, reforms are expected to deliver more than $1.5 billion in savings

Financial stability at a government level provides businesses with greater confidence to invest, grow and hire long-term.

The Bottom Line

The Gold Coast really is the place to be.

The region is experiencing:

  • Strong economic growth

  • Expanding infrastructure

  • A thriving tourism sector

  • Diversifying industries

  • A world-class lifestyle

For businesses, this growth presents a real opportunity — particularly for those willing to plan ahead, hire intentionally and invest early.

As demand for skilled professionals, leaders and specialist talent continues to rise, workforce planning will become one of the biggest competitive advantages a business can have.

The future is bright, but the businesses that succeed will be the ones preparing their teams now, not later.

If you’re starting to think about what this growth means for your hiring plans, now is the time to start the conversation.

Miranda (Senior Recruitment Consultant)

Contact us at (07) 5613 1846 or info@recruitcollective.com.au 

 

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