FIFO flat-lining in Surat
SURAT infrastructure development falling off a cliff.
Wednesday 15 June 2016
The non-resident workforce population (NRWP) in the Surat Basin looks unlikely to change in the foreseeable future according to the latest population report by the Queensland Government Statistician's Office (QGSO).
The QGSO compiles the report by speaking with resource companies about the future and looking at the sort of growth that could be reasonably expected in non-resident workers (NRWG) if infrastructure and resource sector projects reach fruition.
According to the QGSO on any particular day, there are currently just under 4000 people working in the Surat Basin who don’t live there, which is down a third on last year, and around 70% on 2014.
Although remember, the actual number of people employed on FIFO and DIDO could be double that number because the count doesn’t recognise those not rostered at work that day.
The QGSO looks at some possible scenarios unfolding in the Surat Basin to estimate the impact on FIFO and DIDO workforces.
In Series A, they assume there are no new projects other than those currently operating and those that are a declared certainty. Under that assumption, the non-resident workforce drops by about 1000 in 12 months time and stays that way until 2022. That workforce is split roughly half and half between the Western Downs and Maranoa Shires.
In Series B, which includes all Series A projects, plus those with an EIS approved, but with no final investment decision, the NRWP remains steady at just below 4000 for the next eight years.
Interestingly there are no projections beyond this because the QGSO says there are no projects which have lodged an EIS or have declared their intention to do so.