The key industries on the rise as Brisbane economy hits $200b

The report showed that the number of hospitality venues has been about one -third since 2020 and the general employment in the larger Brisbane region increased by 22 percent in the same period.

“Brisbane’s industries are developing, stable governance, a positive tax environment, the world’s second highest freedom of freedom, and one of the lowest regulatory loads in Australia,” he said.

The average rental cost for the urban office rental areas in Brisbane, half of Melbourne and Sydney rental costs fell below 10 percent of the national rate.

Brisbane found that office workers spend more time in the office than other cities and chose to work in 88 percent on the spot.

The report also pointed out the payroll tax of Queensland, which is 4.75 percent for enterprises with $ 6.5 million and 4.95 percent for businesses over $ 6.5 million.

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However, while the business costs remained low, the report said Brisbane should consider “land restrictions ve and based on filling development.

“Brisbane still offers important internal and suburban development opportunities for the growth of Brisbane,” the report said.

For other challenges, such as cost prints, the report pointed to the state government’s productivity commission as a remedy.

Lord Mayor Adrian Schrinner said that the council “continued to work” in developing Brisbane for the next eight years.

“With the global spotlight leading to the Brisbane 2032 Olympic and Paralympic games, our momentum has never been so big and we are currently building a better Brisbane,” he said.

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