Benefits of doing business in Queensland
Queensland offers a range of business advantages including a stable economy, supportive government, and a solid growth forecast. Queensland's low operating costs, highly skilled workforce and strategic Asia-Pacific location create an attractive investment destination.
Queensland's stable and pro-business economy
Queensland's pro-business economic environment and forecast growth offers investors a safe, long-term investment climate within a stable and resilient economy.
By relocating to Queensland, you will benefit from:
- a competitive tax environment
- a growing, diverse economy
- solid population growth.
About Queensland's economy
Economic indicators for Queensland
Find economic indicator data from the Queensland Government Statistician's Office, including
Exports
Learn more about Queensland's exports, including by commodity and country of destination.
Population growth
Read about Queensland's population projections.
Queensland percentage of employment by industry
Read about employment in Queensland, including employment by industry and occupation.
Land for industrial development
Strategic areas of land (state development areas) for industry, infrastructure corridors and major public works have been established by the Queensland Government to promote economic development, build wealth and generate jobs.
Learn more about Queensland's state development areas.
Low business costs in Queensland
Businesses in Queensland enjoy many advantages, including low set-up and running costs. For example, Queensland can offer your business or investment:
- low business taxes (including one of the lowest payroll tax rates in Australia)
- economical commercial and industrial property costs
- competitive utility costs
- low office rental costs
- low workers' compensation premiums.
These cost advantages make Queensland an internationally competitive location for your business.
Payroll tax
Queensland's payroll tax rate is one of the lowest in Australia. The government provides a rebate on payroll tax on the wages of eligible apprentices and trainees. This measure recognises that apprenticeships and traineeships provide a great employment pathway, particularly for younger Queenslanders.
Learn more about payroll tax in Queensland.
Comparison of payroll tax rates and thresholds
View the payroll tax rates and thresholds for all states and territories.
Queensland's highly skilled workforce
Queensland has a highly skilled, motivated and employment-ready workforce, with a large number of bilingual speakers. Our enviable lifestyle and low cost of living attract skilled international workers, particularly from the Asia-Pacific region making it possible for companies to retain valuable employees.
Your business or investment will benefit from Queensland's increasing number of skilled professionals in our workforce.
Queensland's reliable infrastructure
The Queensland Government is continuously upgrading hard infrastructure (including roads and energy networks) while also supporting soft infrastructure development (e.g. research and development, and innovation) – the key to growing a knowledge-based economy.
Queensland's commitment to strong and up-to-date infrastructure offers your business or investment many benefits, including:
- a stable environment that caters for Queensland's growing population
- opportunities to tender for a range of infrastructure projects.
Learn more about the State infrastructure strategy.
The Queensland Government remains committed to delivering key infrastructure and rural economic development initiatives to ensure regional Queensland remains sustainable, liveable and prosperous.
Learn more about regional development.
Innovation, research and development in Queensland
Queensland has a diverse and vibrant information and communication technology (ICT) industry. As a hub of research and innovation, Queensland is one of the easiest places to do business in Australia.
Business owners or investors in Queensland, are encouraged to undertake research and development (R&D) and innovation activities, and can access a range of support services at every stage of the innovation process.
Find out about the support services available for science and research in Queensland, including international science partnerships.
Queensland's idyllic lifestyle
Queensland is multicultural, vibrant and diverse, with many people visiting and migrating from other parts of Australia and across the world. The diversity of the state also makes Queensland a great place for you to do business or invest on a local and global scale.
There are many benefits to living in Queensland, including:
- affordable housing
- high standard of living
- subtropical climate with over 300 days of sunshine a year
- world-renowned beaches, national parks, rainforests and reefs
- world class education and advanced public health services.
Learn more about moving to Queensland.