Gold Coast Businesses Earn Additional $35 Million Over 12 Months

Owners of Surfers Paradise property should give themselves a pat on the back; the local council recently announced that following the implementation of a ‘buy local’ policy along the Gold Coast in February 2013, local businesses have earned an additional $35 million in revenue – helping to boost the economy and support the endeavours of small business.

Mayor Tom Tate said giving the local community the opportunity to purchase high quality goods from the nearby area allowed for the overall development and growth of the region, which should be encouraged in the long run.

“Figures show that when the policy commenced in February 2013, around 53 per cent of our procurement spend was with suppliers on the Gold Coast. A year later, this figure is now sitting at around 63 per cent. This increase over the past 12 months represents approximately $35 million of additional spend to local suppliers,” said Mr Tate in a March 10 statement.

This could also be encouraging for anyone considering Main Beach real estate in the future, especially for those with their own small business dreams on the horizon. Now could be the perfect time to settle into the local community and begin growing alongside those living in the same area.