BRISBANE BUSINESS &

INVESTMENT FORUM

STEVEN SILVESTERGENERAL MANAGER -INVESTMENT

W E L C O M E T O A T H R I V I N G

I N O N E O F T H E M O S T L I V E A B L E C I T I E S I N T H E W O R L D

$154 BILLION ECONOMY

Per capita incomeBy 2031

$75,000 $217 B

Forecast GRP of the economy by 2031

GB 2,360,241SEQ 3,462,400

Current Greater Brisbane/SEQ

(June 2016)

3.3 million

Forecast Greater Brisbane

population by 2036

SEQ’S CURRENT AND PROJECTED POPULATION

Source: ShapingSEQ 2017 ^ABS (July 2017) *SEQ includes all of Brisbane, Gold Coast, Ipswich, Logan-Beaudesert, Moreton Bay North and South, Toowoomba and Sunshine Coast**Queensland Government population projection 2015 edition (medium series); growth distribution by local government area based on ShapingSEQ policy

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000

Greater Brisbane SEQ*

Pop

ula

tio

n

2016 (estimated resident population^)

2041 (based on medium series projections**)

SEQ’s population is projected to

grow by 1,886,600

people over the next 25 years

BRISBANE’S CHANGING

LANDSCAPE

BRISBANE’S CHANGING LANDSCAPE

Pro

posed

$7.2

4 b

illio

n

Gateway UpgradeKingsford Smith Drive New Parallel Runway

Brisbane Quarter Queens Wharf Brisbane Howard Smith Wharves

Under Construction

Cross River RailBrisbane Metro Brisbane Cruise Terminal

Museum & Aquarium Toondah Harbour Brisbane Live Arena

Pro

posed

$9

.06

bill

ion

BRISBANE’S CHANGING LANDSCAPE

Proposed Projects

BRISBANE METRO

• Estimated to cost $944m

• Two new metro lines connecting the inner-city and suburbs of Brisbane• Metro 1 – Eight Mile Plains to Roma St• Metro 2 – Royal Brisbane Hospital to UQ Lakes

• Fleet of 60 high-capacity metro vehicles

• 21km route servicing 18 stations

• Better connections between key health, knowledge, education and entertainment hubs

• More information at: www.brisbane.qld.gov.au/traffic-transport/public-transport/brisbane-metro

QUEENS WHARF BRISBANE

Project Completion – 2022

• Integrated Resort and Casino

• Attract additional 1.39m tourists per annum

• 1,100 new hotel rooms including Ritz Carlton and Rosewood Hotels

• $1.69 billion annual increase in tourism

BRISBANE AIRPORT EXPANSION

Project Completion - 2020Investment: $1.35 billion

• Queensland’s most important aviation hub - 24/7 Curfew Free

• Growth from 227,000 to 360,000 flights annually by 2035

• Growth to 50 million passengers annually by 2034

• Project completion 2020

KEY INVESTOR

HIGHLIGHTS

Target Top 100 (4.4M)

3.4MInternational Visitors

+48MVisitor Nights

+$6.5B

By increasing activity

conversion from

12% to 20%

$16 B

Growing from

4.9% to 6.5%

of GRP in 2031

Deloitte Access Economics, 2017Lucid Economics, 2017Tourism Research Australia & Euromonitor

B R I S B A N E H A S T R A N S I T I O N E D T O A N

INTERNATIONAL LEISURE DESTINATION

Lucid Economics, 2017

Potential to grow by

1.5 nights per visit

W I T H S I G N I F I C A N T G R O W T H P O T E N T I A L F R O M I N V E S T M E N T

BRISBANE’S PROPERTY & CONSTRUCTION INDUSTRY

• Supportive regulatory environment in Brisbane City Council area.

• Continues to reflect an attractive investment proposition in comparison to the other states.*

• Continued Investment Activity• Office market absorption rebounding especially in A Grade Stock• Yields between 5.25% - 7.25%

• Queen’s Wharf and Brisbane Metro Projects will be key drivers for change in Brisbane.

• Connection to Asia Pacific, economic fundamentals and population growth are key factors driving demand.

*Source: JLL Australia “Brisbane CBD Office Market Overview 4Q17

RETIREMENT AND AGED CARE OPPORTUNITIES

• Incentives for purpose built aged care and retirement accommodation available

• Charge reduction of 1/3 discount of total infrastructure charges

• Improved and streamline development assessment processes

• Brisbane population change - 65% increase in the +70yr age group

• 58% Increase in +85yr age group

BRISBANE’S BIGGEST EXPORT - STUDENTS

• Over 85,000 international students enrolments per year in Brisbane

• Top 3 Markets: China, Brazil & India

• 12% growth in 2017

• Contributes $2.5b in direct economic impact to the economy

93% increase

in dwellings required by

2041

Consolidation vs Expansion 2016–2041

1,344,933

2,591,533

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

2016 2041

Num

ber

of

Dw

ellin

gs

Expected dwelling growth 2016-2041

Source: ShapingSEQ August 2017 * Consolidation dwellings are calculated as inside the Existing Urban Area boundary.Consolidation is development occurring on land inside the existing urban area boundary. This was previously known as ‘infill development’. Expansion is development occurring on land outside the existing urban area boundary. This was previously known as ‘greenfield development’.

60%40%

Consolidation** Expansion

DWELLING SUPPLY BENCHMARKS to 2041

A FUTURE LEVERAGING STRENGTHS IN FOOD AND AGRIBUSINESS

Future Food Initiative

• Accelerators, Incubator and start up programs• Industry development workshops and seminars • Meet the Buyer/Meet the Investors

Key Sectors

• Value added, pre-packaged foods• Meat products (incl. Halal) • Beverages• Seafood and aquaculture

Research and Innovation

• CSIRO Health and Food Sciences Precinct• Queensland Alliance for Agriculture & Food

Innovation

Rapid access to Asian Markets

Regional Hub and Port Infrastructure

THE CAPITAL – START UP HUB IN THE HEART OF THE CITY

GOALS:

• Showcase – Make talent highly visible to residents and visitors

• Connect – Increase start-up interaction with Corporates / Government

• Access – Leverage pedestrian mall traffic

PARTNERS:

IN 12 MONTHS

Provided home to 150+

start-ups

Averaging 100 companies / 180 people

154 new jobs created since

entering

Grown their revenues by >

AU$14M

Secured > AU$3.5M

investment

2nd Largest & Fastest Growing Australian Start-up Ecosystem – As reported by StartUp Muster

BRISBANE’S FUTURE AND EMERGING INDUSTRIES

• The Capital – Start-up Hub – 110 start-ups

• Brisbane is a Key Innovation District – Within 2km of Brisbane’s CBD - over 300 innovation intensive businesses

• Brisbane Technology Park - 190 tech companies employing 10,000 people

Major research clusters in:

• Health and Biomedical Sciences• Food and Agriculture• Energy and Resources• Mining Equipment Technology and

Services

Health Research

Ag / FoodMining /

ResourcesCity

Services

Robotics

Life Sciences

Virtual Reality / Augmented Reality

Water Management

Artificial Intelligence

Cyber Security

Nutrition

Health-tech

Food-tech

METSSMART

CITY

Steven SilvesterGeneral Manager, Investment AttractionBrisbane MarketingE: ssilvester@brisbanemarketing.com.auwww.choosebrisbane.com.au

THANK YOU.