Motor Industry Collapse to Hit GC

A study into the collapse of the auto manufacturing industry has indicated the Gold Coast stands to lose more than 4,000 jobs between now and 2017.

A National Institute of Economic and Industry Research study into the total downstream effects of the industry collapse has predicted up to 21,864 workers in the Gold Coast, Brisbane, Moreton Bay, Logan and the Sunshine Coast will be left jobless.

University of Adelaide Associate Professor John Spoehr, who co-wrote the report, said the modeling looks at the downstream effects of the industry collapse, and not just the immediate effects.


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“The impact of a closure of this magnitude is going to have effects right down the supply chain and beyond, into a range of other industries, that are affected by the loss of wages and salaries that flow from people losing their jobs,“ he said.

A total of 30,090 jobs are predicted to disappear from Queensland by the end of 2017.