business
Gold Coast Economic and Tech Expansion Reshaping Local Job and Talent Market
Growth in the economy and tech sector alongside major developments and new investment leadership are influencing employment patterns and skills demand.
How we reported this
The Gold Coast tech sector grew by 66% in the past decade, contributing $1.4 billion in gross value to the economy and employing about 9,000 people. This expansion forms part of the broader economy that grew 25% since 2020/21 to over $55 billion.
Tech Sector Expansion and Employment Patterns
The tech sector's contribution of $1.4 billion and its workforce of about 9,000 people point to sustained demand for specialised roles. This development aligns with the city's overall economic growth since 2020/21, drawing attention to the need for workers with relevant technical skills in established local operations.
Infrastructure Developments and Talent Needs
Construction has commenced on BuildCap's $140 million second tower at the Marine Quarter development in Southport. The City of Gold Coast also finalised a $109 million acquisition of the original tower at the Gold Coast Corporate Centre in Bundall. These projects in Southport and Bundall create activity that supports roles in construction, project management and related services while consolidating council operations to manage costs.
New Leadership and Investment Direction
Invest Gold Coast appointed Mark Girard as its new CEO, effective September 29. The appointment targets investment attraction in Australia's fastest-growing city, which can affect how local employers access talent across sectors. The combination of existing tech employment levels and these developments suggests continued focus on matching skills to available positions.
Organisations and individuals monitoring the market can review updates from Invest Gold Coast on opportunities tied to the Marine Quarter project and the Bundall acquisition. The September 29 start date for the new CEO provides a reference point for forthcoming investment-related announcements that may connect to workforce requirements.