Economic response and recovery

A pathway to recovery from COVID-19

In close collaboration with the Cairns COVID-19 Economic Response and Recovery Sub-Committee, Council has developed the Cairns Pathway to Recovery from COVID-19.  The document summarises the economic impacts of COVID-19 and sets out a four phase plan for economic recovery.

You can download the document here ( PDF, 2.09 MB ) or by clicking on the cover image above.

Economic impact of COVID-19 on Cairns

Council commissioned independent economic advisory firm, .id Consulting Pty Ltd, to analyse the anticipated impacts of COVID-19 on the Cairns economy.

Download and read a copy of the report ( PDF, 1.21 MB ).

Key findings include:

  • Pre COVID-19, the Cairns economy was strong with Gross Regional Product (GRP) growth above Queensland and Australian averages, and unemployment well below both the state and national levels.
  • The re-establishment of domestic aviation connectivity and capacity into Cairns is critically important, coupled with investment in destination marketing to fill that capacity. This is what will be required to return the city’s service population to ‘pre-COVID’ levels and get the local economy moving again.

Cairns business survival initiatives identified

Back in March, business leaders in Cairns developed a suite of 10 key initiatives for consideration by Government (Federal, State and Local) in response to the unfolding economic effects from the spread of COVID-19.

The initiatives were developed by the Economic Response and Recovery Sub-Committee (ERRSC), a group chaired by Cairns Regional Council's Chief Executive Officer, and comprising representatives of business and peak bodies, including Advance Cairns, Tourism Tropical North Queensland, the Cairns Chamber of Commerce, Cairns Airport, Ports North and others.

The ERRSC report outlining the recommended 10 key Business Survival Initiatives ( PDF, 0.64 MB ) was presented to this local leadership group and distributed through relevant channels of the three levels of Government for consideration.

Council is maintaining and regularly updating a Status Report ( PDF, 0.15 MB ) which tracks action that has been taken on each of the 10 key Business Survival Initiatives.

Preliminary report on stimulus initiatives

The ERRSC has also prepared a Preliminary Report on Stimulus Initiatives ( PDF, 0.18 MB ) into the recommended projects, policy and programs needed to support economic recovery and job creation in the Cairns region over the short to medium term and in response to the impacts of COVID-19.

The ERRSC welcomes suggestions, ideas and input which can be submitted direct to Council’s Economic Development Team at: economicdevelopment@cairns.qld.gov.au

EVENTS, NEWS & REMINDERS STRAIGHT TO YOUR DEVICE
my cairns DOWNLOAD IT FREE
EVENTS, NEWS & REMINDERS STRAIGHT TO YOUR DEVICE
my cairns DOWNLOAD IT FREE
Last updated: 16 October 2020