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Queensland, Australia’s second largest and third most populous state, has more than 13,000 kilometres of coast, five world heritage areas and a warm, subtropical climate year round.
The strong local economy, built on the traditional industries of agriculture, mining, manufacturing and tourism, is being transformed by a rapidly growing information and communications technology sector.
Through its Smart State vision, the Queensland Government has targeted biotechnology, aviation services and ICT as crucial drivers of job creation and economic development in the 21st century.
Queensland boasts world-class transport and communications infrastructure and services. Its research and education infrastructure includes nine world-class universities, as well as cooperative research centres, technology parks, technical colleges and private education providers. Queensland has the most ICT graduates per capita of any Australian state and produces two thirds of Australia’s ICT doctorates.
The cost of doing business in Queensland is low, with competitive taxes, including Australia’s lowest rate of payroll tax. Real estate is affordable, with extremely competitive office rents and an abundance of quality properties and greenfield sites.
Queensland continues to benefit from a strong local economy – an economy comparable in size to Singapore and Malaysia. Proximity to the world’s largest and fastest growing markets in Asia-Pacific region, coupled with a dynamic domestic economy and supportive government policies, have created the conditions for the smart industries of the future to flourish.
Located in similar time zones as the massive Asian markets, Queensland is the ideal location for transnational companies to base their Asia-Pacific regional headquarters and perfectly positioned to capitalise on its natural, social and economic advantages.
Find out more on the Smart Queensland: Smart State Strategy.