Queensland

Queensland is a state situated at the north-eastern corner of the mainland continent. It is the second largest state by area, following Western Australia. There are approximately over 4 million of people living in Queensland and they share a quality of life that ranks with the best in the world. People living in Queensland enjoy an outdoor lifestyle with spectacular world class beaches, waterways, national parks, rainforests and topical reefs. Queensland has been known as Australia’s Smart State for its reputable in innovative business practices and strong economic growth. This provides the Queenslander with a stable economy and affordable homes, together with a relaxed lifestyle, Queensland is truly an attractive place to live, work and play in Australia.

Economy

Queensland’s economy is the third largest in Australia, following New South Wales and Victoria. The economic growth rate for Queensland is at 4.9 per cent, which is approximately 1.7 per cent higher than the Australian average, 2.2 percent higher than the Victorian average and 3.1 per cent higher than New South Wales average.

Due to the large expansion of coal mining and tourism between the 1970s and ‘80s, Queensland is now commonly known for a resource-based frontier state, with major emphasis on agricultural, mineral, and energy resources. In addition, the population growth and urbanization contribute to a rapid expansion in investment and employment in a wide array of service activities. The record of low unemployment rates, increased consumer spending and rising incomes are among the key reasons for recent economic boom, thus providing ample job prospect, business and investments opportunities. In general, Queensland is definitely well on the road to economic success.

 

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