An open, pro-business environment
If you want global market access, investing in Australia makes sense. In 2019, Australia was ranked 18th for openness out of 157 countries worldwide, and in the top five open economies in the Asia-Pacific.
Australia participates in 15 free trade agreements (FTAs), and is negotiating more agreements to boost international trade opportunities.
Your Queensland-based business will be in a prime position to profit from these agreements, especially when trading with our neighbouring Asian markets.
Queensland businesses exported A$100 billion in goods in 2019 (around one-quarter of gross state product) to 184 countries – including China, Japan, Korea and India, Vietnam, Indonesia and Malaysia.
We’re easy to work with
The Queensland Government gets behind business and encourages investors with:
- Government incentives
- Support for investors
- Low payroll tax
- Streamlined processes to cut red tape
- Centralised liaison and approvals from Coordinator-General
Payroll tax rates – Australian states (as at November 2020)
New South Wales