Brisbane is home to the brightest minds and world-class innovation, with economic opportunities driven largely by the key industries of health, tourism, property and construction, logistics, advanced manufacturing and business services.
Brisbane’s economy is anticipated to grow to $275 billion by 2041, with the city in the driver’s seat to solve global human and business challenges across a variety of key industries.
Brisbane is the home of medical research and innovation, with more than 100 health and biotech facilities. The health sector contributes $16.1 billion per annum to the city's economy and directly supports more than 116,000 jobs.
Brisbane has global destination appeal. Tourism is a significant driver of Brisbane’s economy, with the opportunity to grow the visitor economy by $6.5 billion per annum 2031.
Brisbane's $25 billion infrastructure pipeline and unprecedented population growth is propelling Brisbane’s fast-growing PropTech, green building technology and material innovation ecosystem.
The closest eastern seaboard capital city to Australia’s largest export markets, Brisbane is perfectly positioned to thrive as a logistics centre. , The 24/7 Brisbane Airport’s twin runway enables the highest aviation capacity in Australia, and the Port of Brisbane is Australia’s largest capital city port, with approximately $466 million in port infrastructure works underway. With a rapidly growing population, there’ll be increasing demand for products to be transported and stored.
With a strong network of research and development institutions, a highly skilled workforce and high levels of collaboration between businesses, researchers and all levels of government, Brisbane has a knack for designing, developing and manufacturing products that add value at every stage of the supply chain. From hyper-personalised medicine and robotic automation to advancements in food and agricultural technology, sports technology and green building material innovation, Brisbane has harnessed its strengths in science, technology and manufacturing to become one of the world’s 50 most innovative cities.
The business services industries are rising rapidly in Brisbane, with finance and insurance jobs growing at double the major capital cities’ average over the last five years. Brisbane has a higher share of employees working in legal services than all other capital cities.
BEDA
hOW WE CAN HELP
As Brisbane’s champion, BEDA supports potential domestic & international investors with full market entry and expansion strategies, as well as driving growth in new and established local businesses.
