Why Queensland

Queensland has a dynamic and diverse economy supported by a pro-business government, sophisticated infrastructure and a skilled workforce. The state’s economic environment and projected strong growth offers you an ideal long-term investment climate. There’s never been a better time to invest in Queensland.

Queensland is the gateway to the growth markets of the Asia Pacific

To assist with global connections and insights, the Queensland Government, through Trade and Investment Queensland, has representatives in 16 overseas offices and 13 markets.

Thriving business environment

Queensland is a place for innovation, enterprise and industry. Queensland has significant competitive advantages making it the best location to invest and grow your business.

Business confidence and taxation

  • Queensland’s outstanding health response to the pandemic and more than $14.2 billion in support initiatives has seen the domestic economy rebound strongly, with business and consumer confidence currently at elevated levels.
  • Over the past two years, business conditions in Queensland have been amongst the highest of any state economy (NAB Quarterly Business Survey).
  • Queensland’s tax system can deliver a competitive advantage for your business, including offering the lowest standard payroll tax rate in Australia.
  • Taxation in Queensland in 2021-22 is estimated to be $452 per person less than the average of other Australian states and territories.

Highly skilled workforce and world-class universities

  • Our state’s workforce of more than 2.8 million is highly skilled, motivated and employment ready. Companies have a broad choice of skilled workers, due to world-class educational facilities.
  • Queensland has consistently recorded high levels of interstate migration, having the highest net interstate migration levels in Australia in 2020-21, and in 35 of the past 40 years.
  • We’re home to eleven universities, including some of the newest universities in the world.

Connectivity and infrastructure

  • Queensland offers great connectivity, through six major international passenger airports and extensive road and rail networks that move people efficiently across cities and regions.
  • Queensland will host the Brisbane 2032 Olympic and Paralympic Games, resulting in significant funding commitments by the Australian and Queensland Governments to upgrade and maintain the state’s highways, keeping the vital network running smoothly and reducing travel times.
  • Congestion cost in Queensland is significantly lower than the New South Wales and Victorian average.

Liveability

  • Queensland is home to some of the most liveable cities and regions in the world including Brisbane, Gold Coast, Sunshine Coast, Cairns, Mackay, Rockhampton, Toowoomba and Townsville.
  • The people of Queensland enjoy an enviable outdoor lifestyle with world-class beaches and waterways, national parks and rainforests and tropical reefs.
  • We enjoy 300 days of sunshine per year.

Information and communications technology

  • Queensland plays a vital role in ensuring the state has access to world-class digital infrastructure.
  • As of December 2021, Queensland had more than 1.6 million premises connected to the national broadband network, the third largest of any state or territory in Australia.
  • The Queensland Government is continuing to work with providers and the Australian Government to facilitate improvements to the state’s digital infrastructure to boost communication and data speeds.
  • The Sunshine Coast in Queensland is home to Australia’s fastest telecommunications connection to Asia and the second fastest to the United States with the Sunshine Coast International Broadband Submarine Cable.

Competitive property costs

  • The commercial rental and industrial land markets in Queensland are competitive, with rental/leasing costs and land purchase values comparing favourably against other major state capital cities.
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Last updated: 27 May 2022