The Gold Coast is emerging as an economic zone in its own right; as Australia’s sixth largest city, it continues to diversify in services, exports, manufacturing, and education, which saw growth in the economy of around 3.7% to $35.3 billion in 2018. Read more.
Queensland coal and gas resources, along with the critically important agriculture industry, are the proverbial bedrock of a state economy whose fiscal constraints have been - in part - alleviated by better than expected performance of commodities during the last five years. Read more.
As the gateway to the Great Barrier Reef, the Daintree Rainforest and Cape Tribulation in tropical north Queensland, the Cairns region is renowned for its vibrant, yet laid-back tropical lifestyle. Read more.
The Economist magazine published an article last month, lauding Australia’s economy as the most successful in the rich world - blessed with iron ore and natural gas for wares, within a proverbial small boat ride to China. You can read it here.[https://www.economist.com/leaders/2018/10/27/what-the-world-can-learn-from-australia] Read more.
The October ABS labour force figures revealed the Queensland state unemployment rates of 6.23% in trend terms and 6.25% on a seasonally adjusted basis are the highest of any Australian state or territory and substantially above the national average. Read more.
The October ABS labour force figures showed Queensland’s unemployment rate to be the highest in Australia – substantially above the national average. Read more.