Queensland Australia seen as low risk to invest in both business and individual options
Posted
in Updates
@ Oct 23rd 2013 1:43pm
- By Garry Larden
.
Queensland Australia seen as low risk to invest in both business and individual options
China’s population is expected to peak at 1.5 billion by 2030 and decline over the second half of the 21st century to approximately 1.1 billion.
Given China’s anticipated population peak, the long term opportunities for Queensland are not necessarily reliant on a growing China but on maximising existing trends and matching up investment prospects.
The opportunities provided by the Chinese are not dissimilar to those experienced by Queensland in the latter part of the 20th Century.
For Queensland, the importance and appeal of the city to many nationalities is strong and definately the strongest at the moment is the Chinese who have become more noticeable since the early 2000s. Visitor numbers have increased fivefold and the number of Chinese born residents has more than tripled.
The growing presence of Chinese in Queensland has driven support for the developments such as Chinatown in Southport on the Gold Coast. The precinct will act as a catalyst for fostering international relationships, attracting investment and welcoming tourists.
The emergence of the Chinese market has shown potential to yield similar social and economic outcomes to those experienced from interstate migration and the Japanese in the 1980s, 1990s and early 2000s.
Australia is seen as a low risk country to invest in from both a business and individual perspective and increasingly the Chinese are looking to diversify their portfolios and invest overseas in countries where they perceive their capital will be secure.
For Queensland, this is paying dividends as an ever increasing number of Chinese are investing in property due to the stability and security of the national economy which is perhaps one of Australia’s best promotional assets and should be used to a greater extent.
Resource and agricultural commodities have played an integral role in Australia’s trade relationship with China as the country continues to diversify and mature this will change.
Perhaps the most apparent of these changes, in particular is on the Gold Coast, with the flow of tourists and students increasing by the day which is great news for the region.