Our region's economy

We really do have it all right here. A growing region on the back of huge infrastructure projects developing our future.  

A coming-of-age story enticing businesses to move and invest here, bringing their staff and families with them to make the most of the opportunities. 

Our industries are driving a development boom with game-changing projects that bring with them the need to attract the skilled labour to build our workforce. 

With a population now nearing 160,000 and a broader regional catchment of nearly 500,000, we boast one of the nation’s most robust economies.

Unprecedented opportunity is changing the face of our region and our list of attributes is long:

• Australia’s third most diverse regional economy; (health, education, manufacturing, transport and logistics, agriculture and production, mining, professional services)

• Home to Australia’s newest jet-capable airport - Toowoomba Wellcamp Airport

• Construction underway on the Toowoomba Second Range Crossing – one of Australia’s biggest inland road projects

• Positioned to become a leading intermodal hub – located at the intersection of three national highways, air and rail connectivity including the national inland rail route; competitive land prices for logistics sites

• 12-hour flight to half the world’s population and a 24-hour drive to 85% of Australia’s population

• Recognised as one of Australia’s top five family-friendly cities

• One of the nation’s most productive agricultural regions

• Recognised as one of Australia’s top five family-friendly cities

• One of the nation’s most productive agricultural region 

Toowoomba is set to be a real economic powerhouse in the years ahead. The Regional Institute of Australia predicted that the Toowoomba economy will experience a $10 billion boom in the next 15 years.

Toowoomba's Gross Regional Product is estimated at $9.58 billion, which represents 3.1% of the state's GSP (Gross State Product).

We want your business to talk with us at TSBE about how it can join in the wealth and prosperity of our region, and how we can help you establish your
business right here.

It’s an amazing time to be in Toowoomba; to be part of its changing landscape while it remains true to its significant heritage. 

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