investbrisbane.com.au ECONOMIC SERIES G20 EDITION

TOP REASONS WHY BRISBANE IS A GLOBAL 5 RESOURCE HUB

Brisbane a global think tank Leading from the front Q&A with CSIRO BRISBANE ECONOMIC SERIES G20 EDITION

For Brisbane, the opportunity to host the 2014 G20 Leaders Summit and the leaders of the world’s most influential economies is recognition of the city’s evolution into a new world city.

The Summit will place Brisbane squarely in the global spotlight and offers a once-in-a generation chance to show off our vibrant and entrepreneurial business community, world-class facilities and enviable subtropical lifestyle.

Being the Summit host city for 2014 positions Brisbane as a strong competitor among other emerging new world cities of the 21st century.

It is a profile the city continues to build on, as a leading destination for business investment, exports, education, conventions, tourism and the arts.

These industries along with our work to cultivate innovation and creativity have helped drive Brisbane’s strong economic success, which over the last decade has grown to $135 billion and is forecast to increase to $217 billion by 2031.

In a first for the G20, Brisbane will launch the Global Cafe – an initiative bringing together some of the world’s most influential thinkers. The two day program of key-note speeches, discussions and workshops will explore issues of health, technology, tourism and the future of cities. The Global Cafe is a bold concept which we hope will be adopted by other G20 cities in the future.

Brisbane City Council along with Brisbane Marketing has been doing a lot behind the scenes to leverage this once-in-a- generation opportunity for Brisbane. As Lord Mayor, I also want to ensure that the G20 leaves a valuable and lasting legacy for our city.

I hope you enjoy reading this special edition of the Brisbane Economic Series.

Lord Mayor Graham Quirk

2 | WELCOME CONTENTS

Brisbane a global think tank – Global Cafe 4

Leading from the front 6

A changing landscape 8

Global resource hub 10

Brisbane in numbers 12

Q&A with CSIRO 14

Investment Attraction Column 18

CONTENTS | 3 Brisbane a global think tank

BRINGING THE FUTURE TO LIFE.

When Ian Frazer moved from the than Professor Frazer over recent and we can more consciously utilise cooler climes of Edinburgh to decades. Its combination of it. Brisbane, he carried with him more lifestyle, education facilities and than a change of clothes. entrepreneurial talent has furnished “Brisbane and Australia have an a reputation for innovation across excellent human capital base in the Professor Frazer brought with him sectors including life sciences, sector and the opportunity is there the innovation that would change energy and IT. for it to be built on.” lives. In a supportive environment at The University of , The Brisbane Global Cafe – with Brisbane’s innovation environment Professor Frazer toiled to develop a its 75 international speakers and has attracted the headquarters of cervical cancer vaccine. an audience including many of the global companies, home-grown delegates in Australia for the G20 businesses that are export-oriented, His work saved lives and provided summit – underlines Brisbane’s and key innovation precincts and Professor Frazer a unique status as a new world city bristling research centres with world-wide perspective on the value of human with innovation and opportunities. reputations. capital. Dr Alex Wonhas, CSIRO’s executive Tritium – a fast-charging battery Armed with that knowledge, director of energy and resources, is specialist sought out by filmmaker Professor Frazer has assembled a another key player at the Brisbane James Cameron to power his world-class panel at the Brisbane Global Cafe. Dr Wonhas has submarines to the deepest parts Global Cafe – a thought leadership assembled a list of energy experts of the ocean – continues to carve forum to be held as a curtain-raiser whose insights will include the an international foothold from its to the G20 Leaders Summit. value of innovation and momentum. Brisbane base.

Professor Frazer’s list of speakers “The people working in the energy The city also boasts service for the event at sector are as valuable as the providers offering technical is cloaked in the type of human resources,” Dr Wonhas said. expertise and training to support capital that transforms cities and various industries. lives. “We need to recognise more the human capital we have in the The city’s liveability and continued Brisbane has attracted more sector. It’s a globally leading edge growth ensures the attraction and

4 | BRISBANE GLOBAL CAFE retention of talent and investment the Brisbane Global Cafe, said that new world cities, and to make to the city. mix of agility and experience in them hubs for summits and research was fundamental for new decision-making. They offer At any one time, 75,000 world cities. great environments for thinking international students learn in Brisbane, taking advantage of “As new sectors globalise, so about the future and the world an education base that includes additional waves of cities become with a sense of opportunity and world-class universities including new world cities,” Mr Clark said connection. The , from London. Queensland University of “And Brisbane boasts those Technology and . “New world cities provide the qualities.” eco systems for knowledge and These institutions have technology-intensive sectors and The Brisbane Global Cafe is the underpinned the city’s research they are becoming important brainchild of Brisbane Marketing, output, highlighted by the likes of hubs of decision-making for these which ensured that the city The Translational Research Institute sectors. would be more than just a host – Professor Ian Frazer’s latest vehicle. “The newly globalising sectors to the leaders of the world’s most are talent dependent and the new powerful countries. TRI promotes “bench to bedside” world cities provide the quality of medical research funded by a life and well-run cities that talent The forum at City Hall on group of passionate partners. needs. November 12 and 13 aims to throw The research is conducted on up solutions and ways forward to “And, by staying smaller, the new the grounds of one of the state’s problems that impact globally. largest teaching hospitals, enabling world cities avoid some of the the vision to take research from the problems of the larger congested With the likes of Professor Frazer cities, whilst retaining leadership laboratory to making a difference in leading the discussion, Brisbane will people’s lives. and specialisation in a few world- class activities. propel thought leadership into the Internationally recognised urbanist most important annual gathering of Greg Clark, another contributor to “The world likes to meet in world leaders.

BRISBANE GLOBAL CAFE | 5 LEADING FROM THE FRONT

Brisbane is Australia’s most northern capital city deep water port and as such is well placed to capitalise on the future growth opportunities and trading advantages brought about by Asia’s growing middle class.

Important infrastructure is needed Companies looking for direct links “We’re about $100 million in annual to meet this demand and Brisbane’s to Australia and the world choose sales to over 20 countries, which makes world-class industrial trading precinct TradeCoast to support their business, the Port of Brisbane and the Brisbane TradeCoast is a gateway to Asia. including one of the world’s largest beef Airport fairly critical in our export TradeCoast is one of the fastest-growing supply companies, Australian Country success.” trade and industry regions in Australia Choice (ACC). ACC’s global operations are based in Brisbane and the company In turn, the speed of distribution has and is home to , The processes and manufactures retail-ready led to significant cost savings, enabling Port of Brisbane and 1500 businesses packaging for more than 150,000 head ACC to increase its primary processing and 60,000 employees, growing to of cattle annually. production volumes by 15 per cent and 110,000 by 2026. Australian Country Choice CEO David its volume in value-added retail product The Port of Brisbane is up to five sailing Foote said Brisbane provided his company by 30 per cent. days closer to Asia than the southern with the infrastructure and facilities to “We are Coles’ principal supplier and ports of Melbourne and Sydney. It has compete anywhere in the world. currently we are around about 75 per more than 35 shipping lines from around “Brisbane’s quite critical to our growth, cent of the market supply on the eastern the world currently servicing it and an eastern seaboard distribution seaboard. And we’ve grown today to more than 2500 commercial ship visits centre this close to Asia, surrounded where we have more than a thousand each year. Brisbane Airport operates by road infrastructure to 35 per cent of people.” 24/7 and is the second-busiest capital Australia’s population made our job very city airport in Australia by aircraft easy on where to set up our operation,” The brand’s reputation has soared movements. In 2021, a $1.3 billion parallel Mr Foote said. internationally and domestically, prompting runway will deliver the same capacity a substantial period of growth. This ACC has invested more than $120 million as Hong Kong and Singapore airports. in capital works to develop its Brisbane growth has enabled ACC to expand Australia’s TradeCoast is accessible facility into a world-leading operation, its operations and increase the value by Australia’s most connected and and on average the company produces and volume of its exports, with a target accessible road and rail network which a carton of finished product every three of servicing the increasing demands connect to Queensland’s regional cities seconds, equating to over 80 million for high-quality and safe foods on the and interstate. kilograms of products a year. international market, particularly China.

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Queen’s Wharf Integrated Resort Development A multi-billion dollar integrated resort development on the banks of the that is set to change the face of the CBD. The Queen’s Wharf will help give the city international recognition and appeal with a six-star hotel, entertainment zones and theatre facilities.

Brisbane’s parallel runway Brisbane Airport Corporation’s $1.3 billion parallel runway, currently under construction, will deliver an economic regional benefit of about $5 billion per year by 2035. The runway will allow the same level of capacity as Hong Kong and Singapore airports and will be the best runway system in Australia when complete in 2020.

BaT Tunnel Brisbane’s planned $5 billion Bus and Train Tunnel project is one of the biggest infrastructure projects ever undertaken in the city. The 5km tunnel will feature a world-first design combining a railway and busway in a single, double-decked, 15m-wide route beneath the Brisbane River and CBD.

8 | BRISBANE’S CHANGING LANDSCAPE 1 Kurilpa… in the heart of Australia’s New World City

Kurilpa Riverfront Renewal A short walk from the CBD Kurilpa will be a new world-class destination with 1km of river frontage and 25ha of land, capturing the rhythm and ’s outdoor lifestyle with a sophisticated mix of contemporary apartments, state- of-the-art office space and cultural buildings.

Brisbane Cultural Renewal A 20-year master plan to transform the Cultural Precinct into an integrated tourism, entertainment, DRAFT innovation and cultural destination. Proposed for the future redevelopment will be two new towers including a 5-star hotel, a 1500-seat theatre and 6000sqm of retail floor space. ITIES & CHALLE N N CULTURAL PRECINCT MASTER PLAN / 45 TU GE OR S PP O A 4.6km twin two-lane road tunnel project which will connect the Western Freeway at Toowong with the Inner City Bypass (ICB) at Kelvin Grove. Legacy Way will reduce congestion and increase connectivity on Brisbane’s road network.

8 | BRISBANE’S CHANGING LANDSCAPE BRISBANE’S CHANGING LANDSCAPE | 9 DID YOU KNOW?

Given current and future projects in the pipeline, Australia could overtake Qatar as the world’s largest producer of LNG as early as 2017. TOP 5 REASONS WHY BRISBANE IS A GLOBAL RESOURCE HUB

10 | TOP 5 REASONS WHY BRISBANE IS A GLOBAL RESOURCE HUB CAPITAL TOP More than $150 billion worth of 01 capital investment in projects throughout Queensland

REASONS SUPPLY CHAIN Integrated supply chain from 02 extraction through to transportation, WHY refinement and export

SKILLS BRISBANE Access to a highly educated and skilled 03 workforce, guaranteeing expertise at all IS A stages of the production process INNOVATION GLOBAL 04 Industry development with a strong RESOURCE focus on innovative technologies TRANSPORT HUB 05 World-class transport and logistics

FAST FACTS on Queensland’s CSG industry Home to 2000km $150 92% of gas transmission billion worth of Australia’s pipeline under 10 | TOP 5 REASONS WHY BRISBANE IS A GLOBAL RESOURCE HUB of projects CSG resources development BRISBANE IN NUMBERS Demographics – The Rise of Australia’s New World City

Lonely Planet NAMED ‘AUSTRALIA’S HIPPEST CITY’ BY LONELY PLANET

POPULATION

283 2.1 million

Australian Bureau of Statistics, 2012

One of the “World’s days of sunshine Most Liveable Cities”

currentresults.com Monocle Lifestyle Magazine

of residents speak a % language other than 16 English at home years Australian Bureau of Statistics, 2011

Median age

Australian Bureau of Statistics, 2011 Brisbane’s backyard has two of the world’s largest sand 75,000 islands, Moreton and international North Stradbroke. student enrolments

Austrade

12 SKYSCRAPERS UNDER CONSTRUCTION 32 PROPOSED SKYSCRAPER DEVELOPMENTS First Australian city to develop a digital strategy and innovation scorecard

skyscraperpage.com, 2014 12 | BRISBANE IN NUMBERS 61%

Host city to Asia Pacific Screen Awards (APSA) of population aged 15+ hold and Brisbane a post-school qualification Asia Pacific Film Festival (BAPFF) Australian Bureau of Statistics, 2012

AFTER ENGLISH, MANDARIN IS THE % of Brisbane MOST COMMON LANGUAGE SPOKEN residents were Australian Bureau of Statistics, 2011 28 born overseas Australian Bureau of Statistics, 2011 Ranked in the top 15% of cities worldwide for 48% of Queensland’s nurturing innovation economic output is produced in Brisbane 2thinknow

Queensland Treasury and Trade, 2012

$135 billion economy 67% increase on people through Brisbane Airport since 2000

Queensland Treasury and Trade, 2012 Brisbane Airport Australia

First host city to bring together some of Australia’s closest the world’s most influential eastern seaboard thinkers in a bold new capital city to Asia Global Cafe venture

12 | BRISBANE IN NUMBERS www.choosebrisbane.com.au BRISBANE IN NUMBERS | 13 ANDREW JOHNSON CSIRO Q&A

Why Brisbane? Brisbane plays a critical role in terms of CSIRO growth, not only is it a hub for innovation and knowledge, it’s also a tremendous gateway to other parts of Australia and the Asia Pacific region. CSIRO is a big employer here in Brisbane, we have over 1000 employees at a number of sites around the city. Through our scientific research we help industry, government and the wider community in the Greater Brisbane area. How will G20 benefit the city ? I think it is a terrific opportunity to showcase Brisbane to the whole world and show them not only what a marvellous place this is in terms of culture and the infrastructure that we have but also to share some of the great ideas that emerge from this city and have them play out on the world stage whether it is our strengths in medical research, bright new technologies in the information sciences or our work supporting coal seam gas, water and energy. Brisbane is a hub for great ideas, innovation and it can have a huge impact around the world.

Looking ahead? Brisbane is a fantastic city, I’m very optimistic about its future. It’s on a fantastic trajectory, clearly it is on a path to being a truly global city, and can play a critical role in supporting Australia’s engagement with the wider region. It is a city that is embracing science and technology, the arts, it’s becoming a place. It is attracting the best and brightest people in the world to come and live and to raise their families in a safe, productive environment.

14 | ANDREW JOHNSON CSIRO Q & A FROM STRENGTH TO STRENGTH

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Brisbane is on the cusp of significant and place defining change. Underpinned by population growth and a long term, partially realised, plan to deliver city-making infrastructure, the city is positioned to take its place as Australia’s new World City and gateway to Asia. The economic fundamentals of the region are being highlighted by the emergence of a series of world class infrastructure, mixed use, employment, health, cultural and education investments that tie together the best of our subtropical outdoor lifestyle, our river, and the youth and enthusiasm of our city. The future is bright indeed.

1 A River of Opportunity (1) Brisbane is a River City. The journey to re-engage the city with its river began A NEW EVOLUTION over 20 years ago and is about to reach its crescendo. Stretching from Hamilton OF RIVERSIDE RENEWAL Northshore to Kurilpa, 5 major renewal precincts turn to face the river and unlock CONNECTING EXISTING its amenity for residents and visitors to Brisbane. New waterfront parkland and residential living opportunities at Kurilpa, over $3b of investment in the renewal of Queens Wharf for tourism and entertainment uses, and a waterfront food and beverage precinct at link to the already established RIVER FRONT South Bank precinct to create a truly remarkable collection of river front places. PLACES A Web of Arts, Education and Wellbeing (2) Significant investment and expansion to our already world renowned Cultural 2 HEALTH Precinct is planned including the addition of a major new international standard ANDCULTURAL arts facility. This will be linked to the sciences and health sectors through INVESTMENT partnerships and physical linkages that stitch the city’s three major hospitals UNDERPINS OUR and our universities into an interconnected web of learning and culture of a KNOWLEDGE ECONOMY scale never before seen in Australia. This underpins the future of our knowledge economy and will continue to attract investment from smart and creative industries. Urban Villages (3) Just outside the City Centre, several major new mixed-use lifestyle precincts, or urban villages are transforming the city fringes. Cinemas, markets, quality apartment living, and access to parks and schools define these precincts, which include the transformation of iconic but underutilised sites. Boggo Road Jail, 3 East Village, Kurilpa, Portside, Gasworks, Brisbane Racing Club and the RNA join James Street, Emporium and the Barracks as the outdoor living rooms of our city. Unprecedented Connectivity (4)

LIFESTYLE PRECINCTS Building on the investment in major transport infrastructure the city is about to ARE THE OUTDOOR realise an entirely new level of integration. The proposed Bus and Train Tunnel LIVING ROOMS (BaT) project (the largest of its kind in the world) will seamlessly connect OF OUR CITY Woolloongabba and the inner-south of the city directly into the heart of the capital. This one piece of infrastructure will immediately expand the scale and capacity of the City Centre and offer significant economic and productivity benefits to the city. 4 In a river city, bridges and streets too are important. The recently released DOUBLES City Centre Master Plan has already begun the process of implementation with RAIL AND BUSWAY traction being achieved on the , the renewal of Edward CAPACITY ACROSS THE Street into a high quality corridor of luxury Brands, and Albert Street as a BRISBANE RIVER botanical spectacle linking the cites two best parks to one another. The Future is Now The next 5 to 10 years will see Brisbane cement its reputation as one of the most livable city’s on the planet. An enviable climate, friendly people, arts and culture, education and commerce all set around a magnificent river. There is no better city to be and invest in.

16 | FUTURE BRISBANE HOWARD SMITH WHARVES

Brisbane’s famous Howard Smith Wharves will undergo a $100 million redevelopment featuring a 150-room boutique hotel, restaurants and an exhibition centre under the .

The investment will deliver a world-class waterfront destination to further enhance Brisbane’s position as a new world city. Brisbane City Council undertook an extensive “The state-of-the-art 1500sqm evaluation process of options to develop the 3.43ha site before selecting the HSW exhibition space will open up Consortium, led by Adam Flaskas and Elisha opportunities to host exciting Bickle, as the preferred candidate. events such as cultural and food Once complete, the site will feature pathways festivals, food and retail markets, for pedestrians and cyclists, open turf and weddings, conferences and pop- landscaped areas, a kayak ramp and park furniture including bike racks, seating and up retail spaces.” lighting to activate the space day and night. Lord Mayor Graham Quirk It will have direct access to the top of the adjacent cliffs via two new lifts and a flight of stairs, and also have excellent links to the newly built Riverwalk, the CBD, Fortitude Valley, Kangaroo Point via Story Bridge, and New Farm. The proposed new-look area will boast approximately 150 rooms in a five-star boutique hotel – developed and operated by Asian Pacific Group, a company owned by the Deague Group – as well as a 1500sqm exhibition space and an underground car park for approximately 350 vehicles. The new site will offer a dynamic mix of commercial and community facilities to re- energise Howard Smith Wharves and deliver world-class restaurants, cafes and bars to ensure this culturally significant precinct will serve as an inclusive space for residents and “This is a once-in-a-generation visitors alike. opportunity to work with council Construction can begin once development to shape the future approval has been obtained. HSW Consortium of this great River City.” will lodge a development application in the next Adam Flaskas, HSW Consortium. six months and it is expected that a decision notice may be issued in the second half of 2015.

HOWARD SMITH WHARVES | 17 BEYOND G20 Steven Silvester, Brisbane Marketing Director, Investment Attraction

Things to consider when can be affected by a number of of the government regulations evaluating a destination aspects including: and potential for adverse The G20 Leaders Summit is a • Successfully recruiting or or positive changes in the once-in-a-generation opportunity moving in a key executive regulatory framework. for Brisbane to attract the global who has had substantial • Understanding the 5-year, 10- spotlight. This opportunity lies experience in a market or year and 15-year trajectories in leveraging the connections, country. of the economy in which the attention and good will that will • Having a local workforce that target is operating. come from Brisbane hosting such has the skills or capabilities • Understanding the relative an event, with the city developing to service the business as speed to market generated connections with media, business well as product development through the acquisition and and government across many pipelines. any complementary products levels. • Building and growing a that the target firm and In our role as advisors and local network of contacts, acquirer may have. facilitators for domestic and stakeholders and clients. • Building a picture of the foreign investors, we have taken a • Understanding the local local dynamics through local look at some of the major decision advice and advisors. factors that firms will need to business development consider when investing in a new strategies needed to build While for many firms the decision destination. While this is not an scale and size. on where to allocate capital is exhaustive list, we have picked • Generating an accurate often multifaceted, the decision a few that are relevant for many picture of the cost base of a to increase the investment in a investors. future enterprise. firm’s current operations can also be a very viable option. Risks are Market entry strategies to usually better known, and further consider While greenfield investing is an investment in expanded capacity example of internally generated or consolidation of existing Organisations use a variety of growth, merger and acquisition means to enter new markets. facilities can generate efficiencies activity generates external as well as support near-shore Brisbane continues to support growth using capital within direct greenfield investment and market growth. There are risks to the organisation to acquire an this strategy, but early planning brownfield reinvestment but enterprise already operating in it is also active in supporting especially for industrial sectors the target market. While M&A can often improves the process. all forms of capital coming to sometimes lead to organisations the market, whether it is from overpaying for the initial assets, Early planning for relocation, high-net-worth individuals, many of the potential risks related reinvestment or consolidation merger and acquisitions activity, to greenfield investing can be It is commonplace to see business joint venturing, R&D linkages or minimised. In practice, the process sovereign wealth funds. decision-makers leave relocation is complex with some localised or expansion planning too close to The two most-common forms of risks that need to be understood the end of the lease term or when investment in a city are through clearly. These can include: time becomes critical. There are either greenfield investment or • Having a clear understanding significant opportunities available merger and acquisition (M&A). of the corporate culture of the in considering site selection and Both forms of growth have target and its differences from the opportunities for brownfield advantages, with greenfield the acquirer. investment earlier. investing giving organisations the ability to establish a wholly owned • Understanding the The most significant advantage subsidiary in a country by building competitive landscape in the is the opportunity to consider a subsidiary from the ground new market. design and construct (D&C) up. This strategy can be utilised • Generating an understanding or turnkey packages. With by firms and its relative success competition strong between

18 | BEYOND G20 – INVEST UPDATE developers in markets such between jurisdictions, such as Similarly, outstanding technical as Australia, there can be an Brisbane or Sydney. For example, and trade programs could be increased level of incentives on the process could be far more sourced from elsewhere within offer reducing the cost of having streamlined in locations such the education sector, for relevant a purpose-built facility. In some as Brisbane, in comparison to recruitment or training. instances, this can be on par with Sydney. Many indicators can be used both retrofitting existing property. To further streamline at a national or international level. The added benefit or aim organisations’ due diligence Indicators such as 2Thinknow’s being increased efficiency, cost process, ideally saving both time Innovation index and Mercer Cost reduction and the ability to plan and money, a local joint venture of Living or Quality of Life indexes ahead for future expansion. partner (well versed in delivering provide some level of confidence, Early consideration and planning projects in the jurisdiction) may but on-the-ground research and can generate a number of benefits further enable you to easily assess visits provide the peace of mind resulting in a greater supply of the suitability of an opportunity that organisations greatly need. lease or purchase options, a against your investment criteria. longer negotiation process or Going local will also enable you to improved fit-out timeframes. utilise existing relationships your These can all contribute to advisor or partner may have. reducing the costs for the organisation. Building a knowledge-based workforce When early is not given to strategies, often a company’s Invariably, for organisations negotiation power is greatly focused in sectors such as diminished, especially if it is business services, education, forced into a lease extension, finance, ICT, health and life additional option periods or in sciences and creative industries, the worst cases going month to they look for locations where month at reviewed market rates, they can easily identify talented which can be costly. Month-to- workers. Cities that offer excellent month leases also carry the added quality of life, attract large risk of uncertainty of tenure. numbers of migrants, grow their own talent pool and offer a Acquiring property for diverse skills base and ethnicities development – go local often provide an active climate For organisations that are for building knowledge-based investigating acquiring a workforces. These items often greenfield or brownfield site for form the checklist for many development, it is important that investors but how do they they engage local advisors. As a understand what a city offers in If you would like to discuss potential new entrant in Brisbane, this respect? investment opportunities in it can be easy and understandable Organisations should understand Brisbane, contact: to rely on and utilise existing what research precincts, start- Steven Silvester relationships forged in other cities, up communities or university Brisbane Marketing however it’s important to keep in campuses exist in a city. While Director, Investment Attraction mind that regulations, particularly co-location can be an added T: +61 7 3006 6239 local development regulations, advantage, of greater importance F: +61 7 3221 6252 often differ from city to city. is the ability for organisations to M: +61 434 567 172 easily understand the quality of For many investors it would ssilvester@ be impossible to familiarise a city’s graduates and research brisbanemarketing.com.au themselves with the differences and development community. www.brisbanemarketing.com.au

18 | BEYOND G20 – INVEST UPDATE BEYOND G20 – INVEST UPDATE | 19 CONTACT www.investbrisbane.com.au Level 8, Roy Harvey House, 157 Ann Street, Brisbane, Queensland, Australia, 4000 PO Box 12260, George Street, Brisbane, Queensland, Australia, 4003 Phone: +61 7 3006 6200 Fax: + 61 7 3006 6250 Email: [email protected]

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As a wholly owned subsidiary of Brisbane City Council and the city’s economic development agency, Brisbane Marketing plays a key role in the ongoing evolution and success of our city. We drive economic and social benefits to residents and business by profiling Brisbane globally as Australia’s new world city and as a destination for business investment, export, international students, conventions, tourism, major events, and CBD retail.

Disclaimer: Brisbane Marketing believes that the information contained in this document is accurate at the time of publication. Neither Brisbane Marketing nor any member, employee or other representative thereof undertakes responsibility in any way whatsoever to any person or body (whether a purchaser or reader of this document or not) for any errors or omissions in this document however they may have been caused. Statistic sources can be provided on request.