IM | 37-39 Five Islands Road, Port Kembla

37-39 FIVE ISLANDS ROAD PORT KEMBLA

INDUSTRIAL SECTOR ANALYSIS

In 2022-23, the five largest local employing sectors within Wollongong LGA were: 1. Health Care and Social Assistance: 20,628 jobs (20.1%) 2. Construction: 10,753 (10.5%) 3. Education and Training: 10,693 (10.4%) 4. Retail Trade: 8,237 (8%) 5. Manufacturing: 7,464 (7.3%)

The sectors with the largest job gains since 2017-18 (last five years) were: 1. Health Care and Social Assistance: +4,430 2. Construction: +3,049 3. Public Administration and Safety: +951 4. Professional, Scientific and Technical Services: +897 5. Wholesale Trade: +536

Construction has outperformed over the last five years shown in the above figures from the Wollongong City Council Economic Insights Report from July 2024, demonstrating a continued growth story for the region in this sector. Rider Levett Bucknall (RLB) releases a report on the number of cranes across cities in Australia every six months. Counting cranes on a city skyline is a simple way to understand the health of the construction industry. The below figure shows the number of cranes in the Wollongong LGA since joining in Quarter 3 2019.

20 18 16 14 12 10

18

16

15

15

13

12 12

12

12

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8 6 4 2 0

Q3 2022

Q1 2024

Q3 2019

Q1 2020

Q3 2020

Q1 2021

Q3 2021

Q1 2022

Q1 2023

Q3 2023

Source: Q3 2023 RLB Crane Index

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