CQ Monthly Market Review October 2025

October has been an active month across Central Queensland, with key developments in energy, infrastructure, and local enterprise. From major investment announcements in Gladstone and Rockhampton to new business and community initiatives across Mackay and the Capricorn Coast, the region continues to strengthen its economic position through innovation and collaboration.

Grenof Project Investment in Gladstone

Gladstone’s manufacturing and industrial sector is set to expand with Grenof confirming its investment in a new chemical plant. The project represents a significant step for local advanced manufacturing, aiming to deliver innovative and environmentally responsible water treatment solutions. This investment will create local jobs and strengthen Gladstone’s reputation as a national hub for clean technology and industry innovation.

Edify Secures Funding for CQ Renewable Projects

Renewable energy company Edify Energy has been awarded Commonwealth funding under the Capacity Investment Scheme to deliver up to 900MW / 3.6GWh of clean energy storage and generation across Central Queensland. These projects will not only boost regional energy security but also generate new construction and long-term operational jobs, further supporting the state’s transition toward a low-carbon economy.

Federal $2 Billion Green Aluminium Credit Scheme

The Federal Government launched a $2 billion Green Aluminium Production Credit Scheme, designed to encourage sustainable smelting practices across Australia. The initiative could directly benefit Boyne Smelters Limited in Gladstone, improving its competitiveness in a global market increasingly focused on decarbonisation. The scheme supports regional manufacturing resilience while positioning Central Queensland as a key player in Australia’s green industrial future.

New Medicare Urgent Care Clinic for Gladstone

Access to healthcare in Gladstone has been strengthened with the introduction of a Medicare Urgent Care Clinic on Goondoon Street, providing bulk-billed treatment for urgent but non-emergency conditions. The clinic will help ease pressure on the Gladstone Hospital emergency department and improve access to timely healthcare for residents - an important step in supporting community wellbeing and workforce stability.

Bouldercombe–Larcom Creek Transmission Line Reinforcement

Powerlink Queensland continues to progress the Bouldercombe–Larcom Creek Reinforcement Project, designed to enhance electricity transmission capacity between Rockhampton and Gladstone. The project will improve energy reliability for industries and communities, while supporting future renewable energy developments across Central Queensland. This upgrade is a key enabler for the region’s growing clean energy and manufacturing sectors.

Rockhampton Council Invests $1.69 Million in Local Roads

The Rockhampton Regional Council has announced a $1.69 million investment in local roads, commencing with the Park Avenue reconstruction project. The works will improve safety, connectivity, and access for residents and businesses. This project reflects the Council’s continued focus on maintaining essential infrastructure to support population growth and regional development.

Indigenous Business Month

October marked Indigenous Business Month, celebrating the achievements of First Nations businesses across Central Queensland. Events such as the Mackay, Isaac and Whitsunday First Nations Business Expo and Advance Rockhampton’s Indigenous Business Month Celebration showcased the strength, innovation, and growing impact of Indigenous enterprises in the region. These initiatives highlight the important role First Nations businesses play in driving inclusive economic growth and community development.

GEA 2025 Industry Awards & Major Industry Conference

The Gladstone Engineering Alliance (GEA) held its annual Industry Awards and Major Industry, Energy & Manufacturing Conference, celebrating excellence and innovation in the region’s industrial sector. The event brought together industry leaders, government representatives, and stakeholders to discuss future opportunities and challenges in Central Queensland’s evolving energy and resources landscape.

Gladstone Women in Enterprise Circle

The Gladstone Chamber of Commerce & Industry hosted a Women in Enterprise Circle, providing a platform for local women in business to connect, share experiences, and collaborate. Events like this highlight the strength and diversity of the region’s business community and reinforce the importance of supporting leadership development and innovation across industries.

Conclusion

October has showcased Central Queensland’s growing strength in clean energy, manufacturing, and community enterprise. With major infrastructure projects advancing, new investment flowing into local industry, and continued recognition of the region’s diverse business talent, Central Queensland remains a vital driver of Queensland’s economic future.

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