Recent Release | 01 Mar 2024

The value of goods through Australia’s industrial assets

Macroeconomic Consulting Team

Oxford Economics Australia was engaged by the Property Council of Australia to undertake a study into the economic importance of the industrial and logistics sector in Australia by quantifying the value of goods flowing through industrial assets.

Industrial assets, including warehouses, distribution centres and manufacturing facilities, play a vital role in moving goods through the economy in an effective and efficient manner. Goods from our domestic production sectors and imported through our ports and airports make their way through these assets to final consumers, which includes industry, households, government and overseas markets.

Our analysis estimated that $1.2 trillion worth of goods flowed through industrial assets in FY22. Many sectors rely on industrial assets to support growth and activity:

Industrial assets play an important role in the supply chain given the breadth of industries that rely on these assets to enable their economic activity. More efficient supply chains can help drive stronger economic growth, improve global competitiveness and reduce costs to businesses and consumers.

The experts behind the research

Our Macro Consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the-art techniques. Lead consultants on this project were:

Emily Dabbs

Head of Macroeconomic Consulting

Hayden Toohey

Economic Analyst, Macroeconomic Consulting