Australia

Why Australia

Growing economy that outperforms in global rankings While many major economies are at risk of recession in 2023, the IMF has forecast that the Australian economy will continue to grow. Our positive outlook is built on strong recent performance. During 2021, Australia outperformed peer economies, growing by 5.2%.

This solidified our position as the world’s 12th largest economy in 2021.  Australia continued to outperform other advanced economies during 2022, with a growth rate of 3.7%. This compares to an estimated of 2.7% for advanced economies.

Australia’s success will likely continue. The IMF forecasts that Australia’s economy will grow by 1.6% in 2023, compared to an average of 1.3% for advanced economies.  Australia’s economic strength is based on sound fundamentals. Australia’s legal and governance systems are transparent and trustworthy.

We are a global leader in the protection of property rights, including intellectual property rights. Our low tax and adaptive regulatory environment make us a business-friendly nation. For a small population, Australia is a rich consumer market. We have the highest median wealth in the world. We also have the sixth largest number of high-income households. Australia’s US$7.3 trillion financial sector includes the world’s fifth largest pool of pension assets.

Why Australia? Thanks to our strong economy, talented workforce, renewable energy resources, and open trade and investment, Australia is well placed to lead and innovate in the Asia-Pacific region.

Reference:  globalaustralia.gov.au   |   For more information download Benchmark report 2023 here

Why Queensland

Australia has the world’s 12th  largest economy, and the state of Queensland is a powerhouse contributor to Australia’s global reputation and desirability.

As Queensland prepares to host the Brisbane 2032 Olympic and Paralympic Games, this gateway to the Asia Pacific is set for a golden decade of transformation offering incredible possibilities for those ready to make the move.

The ingredients for success are in place and the opportunities are here right now. Queensland has a strong and fast-growing economy backed by future-focused industry roadmaps, well planned infrastructure and a highly skilled workforce.

Queensland is a land abundant in natural resources, home to some of the world’s richest minerals and Australia’s largest solar farm.

Queensland has cutting edge research capabilities, a booming tech sector and a proactive government that offers support and financial incentives.

Why Morton Bay

Located within sunny Southeast Queensland, the Moreton Bay Region is a high-performance business ecosystem with more of the assets needed to transform enterprises into global leaders. We offer more region-building investments, space to grow, a culture of collaboration, an abundant skilled workforce, an enviable lifestyle, and diverse markets, converged in one unparalleled location.

Affordability, good infrastructure, and proximity to major employment nodes have positioned the Moreton Bay Region as a regular property market leader for sales activity, according to Terry Ryder’s recent Hotspotting report that helps investors find the best places to buy.

Further impetus will come from the Moreton Bay Region Regional Economic Development Strategy 2020-41. This forecasts that, by 2041, the Moreton Bay Region will have a $40 billion economy, built around 16,000 new businesses and 100,000 new jobs.

information:

https://www.moretonbay.qld.gov.au/

https://www.investmoretonbay.com.au/