ALC works to promote and encourage greater recognition by Government and the community of the importance of the freight logistics industry’s contribution to Australia’s economy. For example, ALC estimates the industry represents 8.6% of GDP, adds more than $130 billion to the Australian economy and employs 1.2 million Australians. ALC also predicts that for every 1% increase in efficiency in the sector, GDP will be boosted by $2 billion. For more information on the Economic Significance of the Logistics Industry in Australia, click here.
ALC encourages government at all levels to ensure it gives appropriate consideration to the needs of freight in its investment and policy decisions in order to maximise its benefits to the national economy. These include improving urban planning around key freight routes; identifying and protecting key freight corridors; and ensuring road, rail, port and intermodal facilities keep up with freight demand which nationally is predicted to double by 2030 and almost triple by 2050.
These figures mentioned above underscore the need to ensure Australia has appropriate national regulation and infrastructure in place to meet Australia’s future freight challenges. Both issues are critical to creating a more efficient supply chain and a stronger national economy, and as such, are a central component of ALC’s advocacy efforts to all levels of government.