BRISBANE BUSINESS & INVESTMENT FORUM STEVEN SILVESTER · 2018-05-15 · Proposed Projects. BRISBANE...
Transcript of BRISBANE BUSINESS & INVESTMENT FORUM STEVEN SILVESTER · 2018-05-15 · Proposed Projects. BRISBANE...
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: [email protected]
THANK YOU.