Gold Coast Marine Sector
The Gold Coast Marine Sector generated $652 million in output and $244 million in value added in 2018/19.
This represented 14% of the total state Marine Sector output and 3% of the nation's.
Value in the sector has grown by 48% since 2011, or 5.1% per annum.
This is above average growth with the total Gold Coast economy only growing by 4.4% per annum over the same period.
In 2018/19, 61% ($148M) of value was generated by ship and boat building and repair activities.
This represented over half (54%) the state's output in this area.
The Gold Coast Marine Sector generated $287 million in exports in 2018/19.
This represented 14% of the total state Marine Sector exports. However, Gold Coast's share of international exports was double this (28%)
Total export value has grown substantially by 84% in the last two years.
This was driven by international exports that has more than doubled from $66M in 2016/17 to $147M in 2018/19.
In 2018/19, 81% ($234M) of export value was generated by ship and boat building and repair activities.
This represented the majority (86%) of the state's exports in this area.
The Gold Coast Marine Sector is the second largest in the State, supporting almost 3,000 jobs - 15% of QLD's total. On a national level, it is the 7th largest.
Location for Boatbuilding and Repair Services jobs in Australia
Local marine sector jobs have grown by over 700, or 34% since 2011 (3.7% per annum).
This is above the average Gold Coast jobs growth (3.0% p.a.) but most has come in the last three years.
In 2019, almost half (46%) of registered businesses were in ship and boat building and repair activities.
Another 17% were in retail activities.
Registered business numbers have slowly declined since 2011, led by falls in the two main industries.
Despite a fall in business numbers, employment has grown suggest growth in businesses that have survived.
The Gold Coast Marine Sector workforce is generally characterised by male middle aged workers in full-time technical based occupations with engineering/construction based qualifications.
29% Born o/s
In 2016, Coomera had an estimated 1,142 workers in the Marine Sector, just over half (54%) the Gold Coast total. The majority (90%) were working in ship and boat building.
The Gold Coast contains the largest number of specialised workers in the boatbuilding industry in Australia with particular expertise in recreational and luxury crafts.
The industry's total contribution to the Gold Coast is over $600m in sales and 3,000+ jobs once flow on impacts are counted
Major Players at the Gold Coast Marine Precinct
Riviera Australia is a 40 year old business located in Coomera. It builds luxury yachts from 36 to 77 feet in length, including sport yachts, SUV yachts, flybridge models and other motor yachts.
According to IbisWorld, Riviera Australia grew its workforce by 143.5 per cent in 2018/19, to reach 280 employees.
Gold Coast City Marina & Shipyard has been operating for 20 years and is the largest one-stop shop for marine craft maintenance, repair, refit and build services.
It is Australia's most awarded shipyard and has over 80 trades and 700 skilled contractors on site.
Telwater Pty Ltd is a 32 year old business that grew to be the leading and largest manufacturer of aluminium boat and trailer packages in the southern hemisphere. The company is based in Coomera.
In 2019, Telwater was fully acquired by Canadian conglomerate BRP.
The Boat Works
The Boat Works is a major shipyard based at Coomera with access to a vast arrange of on-site trades and Australia's largest out-of-water Dry Marina storage options.
The Boatworks has also recently opened a neighbouring Superyacht Refit facility catering up to 60m vessels.