Brisbane is home to the brightest minds, world-leading medical innovation and globally acclaimed research institutions. Paired with the city’s unstoppable economic momentum, there has never been a greater opportunity to engage government, academia and industry to inspire real change – particularly in the sectors that align with our competitive strengths.
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 an additional $6.5 billion per annum in visitor expenditure forecast by 2031.
Construction is a major contributor to Brisbane’s economic growth, responsible for $27 billion in output in 2020/21. A $14 billion infrastructure pipeline and unprecedented population growth is propelling Brisbane’s fast-growing PropTech and material innovation ecosystem.
Brisbane is perfectly positioned to thrive as a logistics centre. The closest eastern seaboard capital city to Australia’s largest export markets, Brisbane boats a global 24/7 airport and one of the fastest growing multi-cargo ports in Australia, with unparalleled transport links.
Brisbane is the beef processing capital of Australia, with most of Australia’s major export-certified abattoirs and processing facilities located here. With an export value of $4.92 billion, Brisbane’s home state of Queensland is responsible for 47% of Australia’s total beef production. Perfectly positioned at the centre of a 360 degree food bowl which provides access to a pipeline of world-class ingredients, Brisbane is a worldwide leader in food innovation and technology in protein production.
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.
Brisbane is establishing supportive ecosystems for emerging, knowledge-driven seed industries, including green metal and additive biomanufacturing, microalgal resources, agricultural sensors and automation, artificial intelligence-enabled healthcare, resource recovery, supply chain provenance, construction, and disaster-related technologies.