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Local economy facts & figures

LOCAL ECONOMY FACTS AND FIGURES

The Auburn City economy​ is estimated at $5.9 billion with an economic growth of approximately 8%. This is well in excess of the measured growth rates for Sydney, New South Wales and Australia as a whole. The expansion of the economy has been driven by employment growth and is projected to continue into the future.

The structure of the Auburn City economy continues to evolve to respond to changes in the national and global economic environment. The competitive advantages of locating in Auburn City have created opportunities for several emerging industries.

Local Industries and Businesses

Auburn City has over 23,500 registered businesses. Over 8,000 businesses are operating in the area across the major industry sectors of:

  • Manufacturing
  • Wholesale Trade
  • Transport, Postal and Warehousing  and
  • Retail Trade

A further 17,500 businesses are operating as home-based business providing a range of goods and services locally, regionally, nationally and internationally.

Employment

Manufacturing remains the largest employer contributing to over 8,000 local jobs.

The major contributors to employment by industry sector are:

Industry Sector      Jobs           %

Manufacturing            8,371         20.7

Wholesale Trade       6,137         15.2

Retails Trade             3,695           9.1 

 

Local Economic Profiles - Auburn City and Greater Western Sydney

The Auburn Local Government Area (LGA) represents an integral component of the Greater Western Sydney economy which is one of the largest and fastest growing regions in Australia. The Auburn LGA economy is underpinned by a fast growing, diverse and skilled population, strategic location, world class infrastructure network and leading local and global companies.

With a population of approximately 68,000 the Auburn Local Government Area has a Gross Regional Product (GRP) of $5.6 billion dollars and a per Capita Gross Regional Product of $874,000.
 

Opportunities for economic growth in the Auburn LGA are significant with key economic objectives to encourage an increase in trade between businesses, increase the number of quality sustainable local jobs and attract new businesses to the area.