Brisbane is recognised as the lifestyle capital of Australia, home to world-class facilities, visionary infrastructure and remarkable leisure experiences.
Brisbane is a city offering huge growth and opportunities for businesses, thanks to our global capabilities in mining technology and services, close proximity to large oil and gas reserves in Queensland, PNG and Asia and access to an extensive international business network, in addition to a fantastic lifestyle.
Generating significant economic and population growth, Brisbane is a high achiever when compared to all other Australian capital cities. Fuelled by high levels of business investment and the largest public infrastructure spending program in Australia's history, Brisbane offers outstanding opportunities life balance and success.
Tourism Brokers members are local and we have information available that we are happy to share with anyone about the strength of the area and the benefits of purchasing in the area.
Source: OECD, 23 November 2010
In its just released Economic Outlook (No 88), the Organisation for Economic Co-operation and Development (OECD) has forecast that Australia’s GDP will grow by four per cent in 2012.
Growth of 3.3 per cent is forecast for 2010, and 3.6 per cent in 2011.
Australia’s Deputy Prime Minister, Wayne Swan, said that the OECD Economic Outlook “confirms Australia's economy continues to be one of the best performing in the developed world with enviable growth and unemployment forecasts.”
Mr Swan said that the growth outlook for Australia is one of the report’s strongest.
“Australia’s GDP growth is forecast to outstrip the OECD total and grow more than twice as fast as the Euro zone and Japan in both 2011 and 2012,” said Dr Matthew Durban, the Australian Trade Commission’s Senior Trade & Investment Analyst.
Brisbane offers ease of access to sun-drenched beaches, amazing weather, World Heritage Listed rainforests, exhilarating theme parks (Dreamworld does not have accommodation facilities available within the park), world class shopping and nightlife, it has everything for everyone and continues to attract investors from all over the globe.
Voted as one of the top 10 growth spots in Australia the investment and lifestyle opportunities are enormous with the area offering:
For the 2009/10 financial year, Brisbane City Council has committed $1.53 billion in new infrastructure including roads, transport and other capital works.
Current infrastructure priorities include the delivery of two major components of the TransApex network – the Clem Jones Tunnel and the Go Between Bridge.
Together, these projects will deliver the biggest boost to Brisbane’s accessibility in many decades.
The publication, Invest in Brisbane Australia (we are happy to email a copy) covers aspects of the South East Queensland Infrastructure Plan and Program 2009–2026 that will manage the extreme growth of the Brisbane region.
The 2009 edition of the plan identifies $124 billion in estimated infrastructure investment, which is expected to create up to 900,000 jobs through to 2026. It details:
|$94.6 billion in road, rail and public transport|
|$4.6 billion in water|
|$5.8 billion in health|
|$3.3 billion in energy networks|
|$6.8 billion in social and community infrastructure|
|$9.1 billion in completed projects.|
|It is the largest infrastructure program in the country, and largest public infrastructure spending program in Australia’s history.|
|The plan comprises 378 identifiable projects to 2026. 87 projects are complete, another 173 projects are underway,|
|$16.4 billion has been invested and 130,000 jobs have been created.|
Queensland's tourism industry:
|contributes A$9.2 billion to the Queensland economy|
|accounts for 4.7 per cent of Queensland's Gross State Product|
|employs 222,000 people or 5.7 per cent of the workforce|
|generates A$3.9 billion annually though exports revenues (second largest export revenues behind coal).|
(Source: Tourism Queensland, Facts and Figures, June 2010)
Queensland's tourism industry advantages:
|The local tourism industry features:|
|strong demand, attracting just under 17.5 million domestic and international overnight visitors annually with a collective spend of over A$19 billion (source: Tourism Queensland, Facts and Figures, June 2010)|
|The Gold Coast is Australia's premier tourist destination attracting over 10.5 million overnight and daytrip visitors and approximately 10,000 new residents each year.|
|greatest variety of accommodation, tours, attractions and theme parks in Australia|
|urban and regional investment opportunities in the South East, Whitsunday Islands region, Cairns and many other regional centres|
|great lifestyle, warm climate and unique natural wonders|
|easy and direct access to many destinations facilitated by the State's four international airports: Brisbane, Gold Coast, Cairns and Townsville|
|increased international access through expanded aviation access from key target markets in Japan, Korea and China|
|abundant accommodation with over 64,000 rooms in South East Queensland.|
The Queensland economy offers investors a sound,
safe long term investment climate. Queensland has the added advantage of
being positioned in an extremely stable and resilient country. In 2009,
Australia's economy ranked as the third most resilient in the world to
economic cycles (2009 IMD World Competitiveness Yearbook).
Queensland is projected to experience the largest percentage increase in population between 30 June 2007 and 2056, more than doubling the 2007 population of 4.2 million to 8.7 million people by 2056. As a result Queensland is projected to replace Victoria as Australia's second most populous state in 2050.
Queensland's economic environment
|Population growth||2.7 per cent|
|Gross State Product||A$209 billion|
|Economic growth||0.2 per cent|
|Inflation||3 per cent|
|Unemployment rate||5.5 per cent|
|Exports of goods and services||A$56.4 billion|
|Imports of goods and services||A$33.9 billion|
Queensland's population was estimated at over
4,349,500 by 31 December 2008 (20.1 per cent of the Australian
population). Queensland's population increased by 106.560 persons over
the 12 months to 31 December 2009. This was a growth rate of 2.4 per
cent, the second highest growth rate of all states and territories, and
higher than the growth rate for Australia (2.0 per cent). Net overseas
migration made the largest contribution to population growth in
Queensland in the 12 months to 31 December 2009 (50.0 per cent),
followed by natural increase (37.3 per cent) and net interstate
migration (12.7 per cent).
Situated within one of the fastest and most sustained population growth and urban development regions anywhere in the developed world, Brisbane City’s contribution to Australia’s economic output has increased in line with its growth.
Brisbane has some 3 billion people from the Asia Pacific region within a direct flight radius. Major road and rail transport initiatives have given the city excellent access to major air and sea ports, which has increased regional export potential.
This growth has translated into thriving tourism and urban development sectors and has boosted the expansion of the city’s economic base across a diverse range of industries that include creative, education, environment, food, health, information communication technology, marine, tourism, and sport.
Economically, population-driven economic growth is providing significant opportunities for investors and businesses looking to establish, expand or re-locate. A combination of lower costs, diverse workforce, solid infrastructure and supportive business environment provide the setting needed for business success.
Brisbane is home to a wide array of natural attractions and a broad range of well-developed tourism services and infrastructure, including theme parks, restaurants, wineries, shopping and international golf courses. The city continues to millions of visitors every year, playing a disproportionately large role in Australia’s tourism industry comparative to its size.
*Source: Gold Coast City Council Input/Output table 1996-97, 2001-02, 2007-08, National Institute of Economic and Industry Research November 2007, PRD Nationwide November 2007.
Recent Major Developments
Important: While all due care has been taken to ensure that the content of this website is accurate and current, there may be errors or omissions in it and no legal responsibility is accepted for the information and opinions in this website.