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Queensland has a consistent track record of growing more rapidly than the national average through strong population growth, agriculture, tourism and a highly successful resources sector. But there is an opportunity to accelerate that outperformance and diversify traditional strengths with emerging sectors.
Under a business-as-usual scenario, Queensland’s economy will grow 31 per cent over the 10 years to 2032–33. But if new opportunities – for example critical minerals and hydrogen – are fully developed, a more optimistic scenario emerges, with the state economy expanding 46 per cent.
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Camila Salazar is Content Producer at bluenotes
The views and opinions expressed in this communication are those of the author and may not necessarily state or reflect those of ANZ.
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Infographic: Queensland – the state of the future
2023-03-28
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Queensland has a great opportunity to accelerate its very strong economic growth. Download the full Queensland: Future state report by Adept Economics.
2023-03-28 11:02