Queensland is the place to invest – our growing state has a pro-business government, proximity to fast-growing Asian economies, a well-educated workforce, and enviable liveability.
Through our partnerships with industry and the private sector, the Queensland Government is supercharging economic development and creating a new generation of jobs for Queensland’s skilled workforce.
Queensland’s key competitive advantages:
We’re planning a bold future
Brisbane 2032 Olympic and Paralympic Games
Being in the global spotlight is accelerating the delivery of long-term projects and giving investors certainty with trade and investment, especially in tourism, innovation and infrastructure.
Clean energy targets
A range of clean energy projects is unlocking Australia’s largest renewable energy zone and are helping to decarbonise our economy.
We have the right economic conditions
Diverse and growing economy
Queensland has a strong and fast-growing economy with a AA+ rating. We have a diverse range of industries with no single sector accounting for more than 10% of output.
High business confidence
Queensland has some of the strongest business conditions of all mainland states. Consistent high levels of business confidence positions Queensland for continuing strong growth.
We have right operational conditions
Low payroll tax rates
Queensland has one of the lowest standard payroll tax rates in Australia starting at 4.75%. Regional projects located outside the South East corner attract an even lower rate.
Competitive property costs
Queensland has highly competitive property options for growing businesses with selections available across CBD locations, regional centres, brownfield and large greenfield sites.
We have the best location
Proximity to the Asia Pacific
Queensland is industry’s gateway to the high growth markets of the Asia Pacific. We also enjoy an advantageous time zone that’s within 2 hours of many major Asian capital cities.
Unrivalled lifestyle
Lauded by TIME magazine on its ‘World’s Great Places of 2023’ list, multicultural Queensland boasts an enviable lifestyle with great weather and cosmopolitan cities and relaxed regional communities.
Abundant natural capital
We have metal and mineral resources, renewable energy sources, agricultural land, diverse water sources, biological diversity and globally recognised protected areas including World Heritage Areas
We have the people
Highly skilled workforce
With Australia’s strongest employment growth following the pandemic, Queensland has a skilled workforce across diverse industry sectors and has a consistently high employment participation rate.
High net interstate migration
Queensland has experienced the highest net interstate migration for 36 of the past 41 years.
We have the smarts
World-class universities and vocational education
Queensland is home to 12 universities – with 5 ranked in the global top 150 and 800 bachelor degrees on offer. TAFE Queensland offers vocational training in more than 640 skill areas statewide.
Leading research institutions and industry collaboration
Queensland is at the forefront of R&D, high-tech innovation and commercialisation, with a collaborative culture across research and translational institutions, university hubs and knowledge precincts.
We have the infrastructure for business
International passenger and freight connectivity
We have International airports in Brisbane, Gold Coast, Sunshine Coast, Cairns, Townsville and Toowoomba and key ports in Brisbane, Gladstone, Hay Point, Abbot Point, Townsville, Cairns and Weipa.
Government-owned infrastructure
Government-owned corporations manage key infrastructure assets including the majority of our energy generation and transmission assets, water infrastructure, rail lines and ports.
Sophisticated transport and communications infrastructure
Queensland enjoys a comprehensive network of modern, multi-modal transport infrastructure and Australia’s fastest data transmission speeds to Asia via a direct undersea broadband cable.
We have the support you need
Consolidated investment offering & cross-agency facilitation
We offer qualified investors a consolidated and seamless investment service including incentives, advisory and international reach.
Coordinator-General
A unique entity to Queensland with wide-ranging powers to plan, deliver and coordinate large-scale infrastructure projects delivers streamlined assessment and planning certainty.