Queensland’s economic recovery plan

In terms of Covid cases, Queensland has fared better than their neighbours in the south, especially Victoria. This has given the state a platform for the government to launch an ambitious economic recovery plan, one that is forecasted to see the state economy grow by nearly double that of the Australian average.

The objectives set as part of the strategy are long-term and are as follows in brief:

  • safeguarding the health of the people and jobs by keeping Queensland pandemic-ready
  • supporting jobs, support increased jobs in more industries to diversify the state economy and build on existing strengths in agriculture, resources and tourism
  • backing small businesses, in recognition of the fact that they are the backbone of the state’s economy
  • growing manufacturing across traditional and new industries, making new products in new ways and innovating (and creating new jobs)
  • building Queensland, driving investment into infrastructure
  • growing the regions, attracting people, talent and investment into regional areas and driving sustainable economic prosperity
  • investing in skills, training and setting up pathways for the future of Queenslanders
  • backing frontline services, in key areas such as health, education and community safety
  • protecting the environment including investments into renewable energy targets

In so far as migration is concerned, the above objectives are in alignment with both skilled and business entrants, particularly in key sectors such as innovative technology, sustainability (energy and natural resources), tourism and infrastructure. While it may be the case across all states in Australia in the current times, with these targets recently identified at state level, policies and initiatives that trickle down from its effect are expected to open pathways for migrants who are:

  • highly skilled in tech for GTI visa programs;
  • business investors or entrepreneurs looking to fund ventures in tourism, infrastructure, health, medical technologies, education and agriculture;
  • keen to fund small business investments; and
  • looking at moving to regional areas and starting an economically sustainable business that creates skilled, local jobs

Those looking to migrate to Queensland would do well to explore these specific areas to understand the mutual benefits (to the migrants and the state) of your move and form a realistic strategy that can support your visa applications. For more details, please contact Sellanes Clark.

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