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Friday, 26 May 2017
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Gold Coast

 

Economically, Gold Coast City is now considered one of Australia’s growth hot-spots, with the fastest-growing urban development areas anywhere in the world and population growth rates outstripping those of all Australian capital cities. The Gold Coast enjoys a 3.2 per cent 5-year annual population growth rate in comparison to 1.8 per cent for the rest of Australia.

The Gold Coast is a great city to invest in thanks to its low business costs, large and diverse workforce, solid infrastructure, supportive business environment and quality lifestyle. It will also host the 2018 Commonwealth Games.

Now Australia's sixth largest city, the Gold Coast is in the middle of the “booming South East Queensland corridor” and boasts an impressive “regional economy valued at AU$18.2 billion”.

Traditionally, the Gold Coast economy was focused on the key industries of construction, retail and tourism, however in recent years there has been considerable growth in a number of life sciences areas including education, environment, food and beverage, health and medical and marine.


Information adapted from the 2013 LSQ Member Directory.