NERA's Supply Chain Report analyses the size and composition of the domestic supply chain, its challenges, its economic potential and its opportunities for growth.
The report shows that if growth challenges are addressed, Australia's oil & gas suppliers could capture an additional $7 billion of value (GVA) by 2030, generating up to $49 billion to the economy.
This is the first time the size and composition of Australia's oil & gas supply chain has been analysed to determine its economic potential and opportunities for growth.
It reveals that, while the local supply chain is a vital contributor to the Australian economy (at $38 billion Gross Value Add), is approximately 1.2 times the size of the building construction sector and generates almost 2 percent of the nation's Gross Domestic Product, it is not yet meeting its full potential.
View the report below, or find out more about it here.
This report was prepared for NERA by AlphaBeta.
In June 2020, NERA held a three-part webinar series that broke down the key findings of the report, highlighted the central challenges and growth opportunities for the supply chain, and discussed with industry innovators their insights and experience of growing domestic and global markets, as well as working in high cost environments.
You can find out more about each session and access the recordings here.