Glowing report

The latest Health of the Australian Marina Industry report from the MIA was presented to around 400 industry delegates in Brisbane in May this year at the Marinas24 International Conference & Trade Exhibition.

The data revealed that the 291 marina facilities nationally contribute AUD$2.24 billion to the economy, provide premises for over 2,600 small businesses and supports close to 22,000 jobs.  The industry is performing well with average occupancies exceeding 86 percent.

Queensland is home to the largest marinas in the country, housing around 320 boats at each facility and reporting the highest average turnover at $3.4 million.

Over 80 percent of the marinas lease space to marine related tenancies, most of which are small business operators who provide service to boaters.  Underscoring the employment contributions of marinas, each marina will employ about 14 Queenslanders and will further engage over 50 contractors.