The UoW's economic and social contribution

Cadence Economics, working in conjunction with the SMART Infrastructure Facility and the Centre for Small Business and Regional Research (now the Faculty of Business), has contributed to the most recent estimation of the economic contribution of the University of Wollongong (UoW) to the Illawarra region, NSW and Australia.

To measure the regional economic contribution we employed our Cadence Economics Regional Input Output Model (CE-RIOM), which allows for traditional Input Output contribution studies to be undertaken for fully customisable sub-national regions. Interested? Get more information on this capability here.

The report shows that in 2015, UoW made a total direct, indirect and induced economic contribution to Gross Domestic Product (GDP) of $1.2 billion to the Australian economy, with employment of 10,169 full time equivalent workers.

UoW was also found to have grown its economic footprint, with it's contribution to GDP and employment growing by 1.6% and 0.3% over the period 2011 to 2015 respectively.

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