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. A 2021 analysis of the jobs held by resident workers in the City of Brisbane found that 31.7% are professionals. Brisbane also has a higher share of employees working in legal services than all other capital cities.
Brisbane is one of Australia’s fastest growing capital cities, with a supercharged economy anticipated to grow to $239 billion by 2041; population growth set to surge by 43% by 2041; and 245,000 jobs predicted by 2031.
With a strong economy and a growing population comes a growing client base for business services firms.
In fact, professional business services roles already make up eight of the top ten fastest growing roles in inner Brisbane, with advertising and sales managers, software programmers and general clerks making up the top three professions. A 2021 analysis of the jobs held by resident workers in the City of Brisbane found that 31.7% are professionals.
Brisbane’s finance and insurance jobs have grown at double the average for major capital cities over the past five years. Brisbane also has double the share of employees working in engineering design and consulting services than Sydney and Melbourne, and a higher share of employees working in legal services than all other capital cities.
Brisbane has the highly skilled, tertiary-educated workforce to fill these roles, with a higher percentage of residents attending university than the Australian average. Brisbane’s major universities – The University of Queensland, Queensland University of Technology and Griffith University – are highly awarded, with The University of Queensland ranked in the Top 50 universities in the world.
Brisbane’s business services sector is also perfectly positioned to work with the powerhouse economies of the Asia Pacific, sharing workday time zones with Asia’s largest markets.
A city rich in potential for growth across the entire business services ecosystem, Brisbane is alive with opportunity.