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BRISBANE2022 NEW WORLD CITY ACTION PLAN - Full version available at choosebrisbane.com.au/2022plan - Choose Brisbane
ACTIVATING TEAM BRISBANE TO SHAPE OUR NEW WORLD CITY

BRISBANE2022
NEW WORLD CITY ACTION PLAN

                                       Full version available at
                              choosebrisbane.com.au/2022plan
BRISBANE2022 NEW WORLD CITY ACTION PLAN - Full version available at choosebrisbane.com.au/2022plan - Choose Brisbane
BRISBANE2022
NEW WORLD CITY ACTION PLAN

                                                                                                         1.5m Jobs
                                                                                                         (by 2031)

            BRISBANE                                                                                 Sustainable

     ASIA PACIFIC HUB                                                                             $75k per capita
                                                                                                  income (by 2031)

     NEW WORLD CITY                                                                      Welcoming

                                                                                  New World City Alliance

                                                                            $217b Economy
                                                                            (by 2031)

                                                                              Competitive

                                                                             Attracting Global Capital

                                                                               Global Thought Leadership

                                                                                 Clean

                                                                                   “Next Generation” Driven

                                                                                    Brisbane Global Network

          Home of Asia Pacific
               Cities Summit

                Centres of Excellence

                   Model New World City

                        Home of World Science Festival

                Home of Brisbane Asia Pacific Film Festival

          Top 60 cities for Foreign Direct Investment

                   Home of Asia Pacific Screen Awards

                             Asia Pacific Start-Up Hub

                               World-class Infrastructure

                                                      Green

                                  Innovative and Connected

                                             Asia Pacific Education Hub

                     Home of The Asia Pacific Triennial of Contemporary Art (APT)

                                                                      Global Talent Attraction

                                                                                            Inclusive

                                                                                    Asia Pacific Tourism Hub

  01 Lord Mayor’s Economic Development Steering Committee 2015                                   Top 10 lifestyle city
BRISBANE2022 NEW WORLD CITY ACTION PLAN - Full version available at choosebrisbane.com.au/2022plan - Choose Brisbane
INTRODUCTION
                The Brisbane 2022 New World City Action Plan aims to define the
                priorities that will drive the city’s economic growth for the next seven
                years and beyond.
                The plan was compiled by the Lord Mayor’s Economic Development
                Steering Committee (LMEDSC) which consulted with 1000 people who
                represented more than 500 different local, national and international
                organisations.
                Based on the outcome of extensive research and consultation, the
                economic blueprint contained within presents the opportunity for
                Brisbane to become the leader of the New World City formula for
                urban success.

                FINDINGS
                Brisbane’s current economic profile relies heavily on locally generated
                revenues. In a globalising economy, the city needs to better align its
                outputs with the needs of a global marketplace.
                The report has determined the city’s current mix of industry
                specialisations, education platforms and its deep skills and talent base
                has it well positioned to increase its level of ‘export’ income. To be
                most effective however, the way these assets are currently integrated
                can be improved.
                The Brisbane 2022 Plan is multi-faceted and will require city-wide and
                region-wide collaboration to deliver.

                RECOMMENDATIONS
                This report recommends the city recalibrate its approach to economic
                development to significantly increase its share of globally generated
                revenues and shape a New World City economic profile. This process
                can be accelerated by focusing on seven economic priorities and
                specific actions – the key recommendations have been highlighted.
                The economic priorities have been devised to drive job creation, city-
                shaping, quality of life, research and education expansion and continue
                the momentum toward achieving the existing targets set for 2031.

    Connected

       Team Brisbane

          Global Resource and Energy Hub

         Friendly

     More Asia Pacific Regional HQs

    Diverse Districts and Productive Precincts

   Accessible

 Asia Pacific Cultural Hub                                 BRISBANE2022
                                                           NEW WORLD CITY ACTION PLAN
Minimum of 12 drawcard events per year

   Brisbane Region Approach (SEQ)                                          Brisbane 2022 New World City Action Plan 02
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Brisbane’s highly successful hosting of the G20 Leaders’ Summit
                      was a defining moment for our city. We took centre stage and
                      showed the world what we were capable of.

                        I was determined that Brisbane would never look back from this
                      moment; that we would continue the momentum and strive toward
                      becoming a model for other emerging New World Cities.

   Within days of the Summit ending, I tasked the city’s Economic Development Board
to form a Steering Committee empowered to think boldly, to bring fresh ideas and help
chart a course toward bringing our shared vision of Brisbane as a globally significant,
regionally-connected and vibrant metropolis to life.

   To all those who contributed to this visionary report, I sincerely thank you on behalf
of our great city and its people. Like you, I look forward to seeing this exciting vision
become a reality and create jobs and opportunities for current and future generations.

Graham Quirk
Lord Mayor

                        Lord Mayor,

                         On behalf of your Economic Development Steering Committee,
                      I submit to you our report Brisbane 2022 New World City Action
                      Plan which identifies and prioritises the city’s actions toward 2022
                      and beyond.

                        In arriving at the priorities and recommendations that follow,
the Steering Committee engaged more than 1000 executives, entrepreneurs, students,
government officials, analysts, academics and leaders from the private, public and not-
for-profit sectors who devoted many hours of their time to this discussion.

   This report emphasises the importance of economic development coordination and
connectivity. It identifies the city’s growth sectors and also highlights the need for
proactive engagement with our next generation and a Team Brisbane approach with a
wider SEQ outlook. Together, these thoughts and recommendations will determine how
effectively we move forward as Australia’s New World City.

  We thank you Lord Mayor for the opportunity to deliver this report.

Ian Klug
Chair – Lord Mayor’s Economic Development Steering Committee
       – Brisbane Marketing

                        I offer my congratulations to the Lord Mayor and his Economic
                      Development Steering Committee for presenting this confident
                      and credible economic agenda for Brisbane’s continued success.

                          The city now pursues a strategy similar to that of other leading
cities like San Francisco, Barcelona, Oslo, Santiago de Chile and Tel Aviv. Like them,
it remains a city of local character, is very well-managed and enjoys a wonderful natural
environment. This, it combines with being a world-leading city for knowledge, an
emerging scientific and technological city, an entrepôt for new firms and innovators,
a corporate hub, and a great location for global events and celebrations. This is what
makes Brisbane Australia’s New World City.

   This is good news for the people of Brisbane and their families. It is no longer
the case that people need to leave in order to pursue their careers, to get on,
or to go global.

  This economic agenda should also be seen as an invitation and prospectus to those
who have not yet invested in Brisbane, or chosen to visit, to study, or to trade.

Greg Clark
Global Urbanist
BRISBANE2022 NEW WORLD CITY ACTION PLAN - Full version available at choosebrisbane.com.au/2022plan - Choose Brisbane
CONTENTS
Introduction                                                    02
The Vision for Brisbane 2022                                    05
Seven Key Economic Priorities                                   07
Key Recommended Actions                                         08
What it Means for Residents                                      13
The Plan’s Ambitions for Brisbane 2022                           14
The Consultation Process                                         16
Brisbane’s Economic Snapshot                                     17
Lord Mayor’s Economic Development Steering Committee             19
What we heard from Industry                                     20
Acknowledgements                                                 21

                                           Brisbane 2022 New World City Action Plan 04
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TARGETS                                      THE VISION FOR BRISBANE 2022
The 2012 Brisbane
Economic Development
                                             WHAT DEFINES A NEW WORLD CITY?
Plan set 2031 targets                        The Brisbane, Australia’s New World City vision first
for economic output,                         emerged in 2008. Economists have since used the term to
employment and per                           benchmark a range of cities worldwide that have similar
capita income. These                         traits and assets to Brisbane and arguably the same
remain the guiding                           potential to leverage those assets to elevate them onto
benchmarks for the                           the world stage.
Brisbane 2022 Plan.
                                             These cities:
                                                           •   Are mid-sized

$217b   ECONOMY
                                                           •
                                                           •
                                                           •
                                                           •
                                                               Are affordable
                                                               Are agile
                                                               Offer quality education options
                                                               Have expert specialisations within a
                                                               managed metropolis

   1.5m
                                                           •   Offer an optimal work-life balance
                                                           •   Have efficient infrastructure
                                                           •   Have problem-solving capabilities
                                                           •   Have low congestion, inflation and pollution
            JOBS
                                                           •   Are safe and secure

  $75k
                                             Brisbane now sits alongside a select group of 24 cities that
                                             includes Barcelona, Miami, Calgary, Singapore, Tel Aviv,
                                             San Diego and Cape Town for example that all possess
                                             these ‘New World City attributes’.
PER CAPITA INCOME

05 Lord Mayor’s Economic Development Steering Committee 2015
BRISBANE2022 NEW WORLD CITY ACTION PLAN - Full version available at choosebrisbane.com.au/2022plan - Choose Brisbane
These energetic, emerging global gateways compete for talent, capital,
innovation, students, visitors and major events.
On a global scale, New World Cities should also:
           •   Be among the world’s top 100 cities for commercial
               investment
           •   Be among the world’s top 100 cities for visitors, innovation
               or brand
           •   Be in the top 20 in at least one key industry
           •   Be globally recognised for at least one quality

Brisbane’s trajectory is trending the right way to achieve these
ambitious benchmarks. Today, it is the 172nd biggest city in the world,
but significantly, it sits inside the top 80 for globally-linked economies.
And since 2000, Brisbane is among the top 30% of the world’s fastest-
growing cities, especially in terms of job creation.

NEW WORLD CITY ECONOMIC DEVELOPMENT
The aim of becoming the pre-eminent New World City by 2022 –
a globally-connected, prosperous city with an enviable, irresistible
lifestyle quality – has been the guiding framework for the
Brisbane 2022 New World City Action Plan.
The report outlines why and how
seven key economic priorities
(following page) should be the
focus for increasing the city’s
export revenue to ensure its long-
term sustainability.

                                                       Brisbane 2022 New World City Action Plan 06
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SEVEN KEY ECONOMIC PRIORITIES

                                                               1
   7                                                       BRISBANE’S
                                                            GROWTH
                                                            SECTORS
                                                                                                             2
                  TEAM BRISBANE                                                    TALENT AND SKILLS

                                                      Knowledge-based and
                                                       Corporate Services
                                             Accommodation and Visitor Economy
                                              Higher and International Education
                                                      Energy and Resources
                                                        Creative and Digital
                                                                                       DIVERSE DISTRICTS
       BRISBANE REGION                     Property Development and Construction
                                                                                       AND PRODUCTIVE
          APPROACH                                  Advanced Manufacturing                PRECINCTS
                                                      Food and Agribusiness             (BUSINESS IMPROVEMENT AREAS)

   6                           SMALL AND MEDIUM
                                                                                                             3
                                 ENTERPRISES                                START-UP
                                                                           ECOSYSTEM

                                 5
07 Lord Mayor’s Economic Development Steering Committee 2015
                                                                                     4
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KEY RECOMMENDED ACTIONS

1
                                  Recommended Actions
                                  1.   Provide support for                  conferences per year,
                                       Brisbane businesses that             50,000 delegate days
                                       trade globally to help               per month, consistently
BRISBANE’S GROWTH                      them compete and grow                earning a top 50
SECTORS                                (Brisbane’s eight growth             International Congress and
                                       sectors)                             Convention Association
The report recommends                                                       ranking city in the world
                                  2.   Attract more regional
focusing on eight specific
                                       Asia Pacific headquarters       7.   Brisbane Marketing will
industry sectors that will
                                       and centres of excellence;           seek to develop at least
have the biggest impact
                                       more leading education               four significant city-wide
transitioning Brisbane’s
                                       institutions and student             sponsorship partnerships
current economic profile to
                                       accommodation; more                  with major corporations
be more global-facing.
                                       tourism infrastructure,              in Asia to assist with
Those industries are:                  more vibrant precincts and           the city’s economic
• Knowledge-based and                  strategic infrastructure;            development aspirations
  Corporate Services                   more Brisbane-based
                                                                       8.   Build upon Brisbane’s
                                       businesses in our eight key
• Accommodation and                                                         post-G20 profile with a
                                       growth sectors
  Visitor Economy                                                           bold 2022 New World City
                                  3.   Activate and promote                 international campaign
• Higher and International             Brisbane’s Knowledge-
  Education                                                            9.   Secure more direct
                                       Based and Corporate
                                                                            international airline
• Energy and Resources                 Services capabilities
                                                                            services and attract more
                                       to global markets with
• Creative and Digital                                                      visitors via our current
                                       emphasis on the Asia
                                                                            connections
• Property Development and             Pacific region. Includes
  Construction                         business delegation             10. Pursue cruise ship terminal
                                       missions to key markets             opportunities to attract
• Advanced Manufacturing                                                   more cruise ships and
                                  4.   Explore a new tourism
• Food and Agribusiness                                                    passengers and leverage
                                       funding model so we
                                                                           Brisbane’s attractions via
These sectors have been                can increase visitation
                                                                           the river and Moreton Bay
identified as the city’s future        for the tourism and
key economic drivers based             accommodation sector            11. Establish Brisbane as
on the fact they have the              through an Events and               a leading Asia Pacific
potential to be globally traded        Conventions Bid Fund                Cultural Hub by escalating
or part of global supply                                                   the prominence of the
                                  5.   Attract and grow major
chains; are major employers                                                Asia Pacific Screen
                                       events; our goal is at least
in Brisbane; align to those                                                Awards, Brisbane Asia
                                       one significant drawcard
identified by the Federal                                                  Pacific Film Festival and
                                       event per month
Government as Australia’s                                                  other cultural events
growth sectors.                   6.   Win more conventions
                                       and business events by
                                       hosting 40 international

                                                                      Brisbane 2022 New World City Action Plan 08
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09 Lord Mayor’s Economic Development Steering Committee 2015
2
TALENT AND SKILLS
                                                                             3
                                                                             DIVERSE
In a knowledge economy,                                                      DISTRICTS AND
talented people are the most                                                 PRODUCTIVE
essential and most scarce
resource. The majority of
                                                                             PRECINCTS
focus groups suggested                                                       An important aspect of our
Brisbane’s lifestyle was a                                                   New World City evolution
core competitive advantage                                                   is the identification and
to attract and retain skilled                                                shaping of our unique
people to/in the region.                                                     precincts and districts, which
                                                                             reflect our industry, retail
Recommended Actions                                                          and entertainment clusters.

1.   Attract and retain                  5.   Create a Lord Mayor’s          Recommended Actions
     students and talent from                 ‘Next Generation’
     all over the world as                                                   1.   Map Brisbane’s key
                                              Engagement program to
     a leading Asia Pacific                                                       districts and precincts
                                              provide opportunities for
     Education, Enterprise                                                        by industry clusters and
                                              the leaders of tomorrow
     and Career Hub                                                               defining attributes, to
                                              to play a significant role
                                                                                  identify and prioritise
                                              in shaping Brisbane’s
2.   Develop a Team Brisbane                                                      trends and opportunities
                                              future
     talent and skills group
     to work with and advise                                                 2.   Create a Business
                                         6.   Increase the number
     industry and providers                                                       Improvement Area (BIA)
                                              of CoderDojo graduates
     on Brisbane’s education                                                      fund to incentivise asset
                                              from 600 to 1200 per
     and training needs                                                           owners and provide
                                              annum
                                                                                  a catalyst for new
3.   Create a Lord Mayor’s               7.   Start a ‘City Education             initiatives that accelerate
     Global Student                           Showcase’ program                   the development of key
     Internship program                       that offers potential               strategic areas
     engaging Brisbane                        students a two-week
     businesses to provide                                                   3.   Activate city-wide
                                              orientation to influence
     more employment and                                                          meetings between
                                              their decision to study in
     enterprise pathways for                                                      key precincts to share
                                              Brisbane
     our students                                                                 knowledge, coordinate
                                                                                  efforts and foster greater
4.   Create a Lord Mayor’s                                                        collaboration
     international talent
     repatriation program as
     part of Team Brisbane
     Global Network to
     encourage former
     residents and students to
     work and live in Brisbane

Refer to choosebrisbane.com.au/2022plan for all recommendations.           Brisbane 2022 New World City Action Plan 10
4
 START-UP
                                                5
                                                SMALL AND
                                                                                  6
                                                                                  BRISBANE REGION
 ECOSYSTEM                                      MEDIUM                            APPROACH
 Technology-based jobs have                     ENTERPRISES                       This report considers the
 a larger multiplier effect than                Brisbane’s SMEs will play         Brisbane economy as a much
 jobs in any other sector and                   an important role in the          larger SEQ footprint. Growth,
 are central to New World City                  evolution of our New World        tourism, export, investment
 economies. It’s been found                     City economy. As such,            and infrastructure strategies
 that for each new position                     enhanced education, support,      therefore must take a regional
 filled in the sector, five                     networking and collaboration      perspective.
 additional jobs are created in                 have been prioritised.
 other sectors.
                                                                                  Recommended Actions
                                                Recommended Actions               1.   Form a Brisbane Region
  Recommended Actions
                                                1.   Develop Brisbane                  Economic Development
 1.    Lead Brisbane                                                                   Steering Committee to
                                                     Marketplace, an online
       Entrepreneurship 101                                                            oversee Brisbane 2022
                                                     collaboration platform
       training program to                                                             Plan implementation
                                                     for start-ups and SMEs,
       inspire our city’s future
                                                     which will enable local      2.   Engage Council of Mayors
       entrepreneurs
                                                     businesses to connect with        (SEQ) to investigate the
 2.    Co-create Brisbane start-                     the community to access           feasibility of appointing a
       up hub through a joint                        the resources they need to        Chief Economist
       venture special purpose                       innovate and grow
       vehicle                                                                    3.   Activate Brisbane region
                                                2.   Work with CCIQ, State             ‘earn back’ funding model
 3.    Lead Asia Pacific
                                                     Government and small              based on economic
       entrepreneur attraction
                                                     business networking               growth
       and exchange program
                                                     & advocacy groups to
 4.    Double Brisbane’s Visiting                                                 4.   Activate and leverage
                                                     coordinate education,
       Entrepreneurs program                                                           Brisbane region industry
                                                     networking and
 5.    Create an Asia Pacific                                                          support of Commonwealth
                                                     development opportunities
       region start-up and                                                             Games. Continue to
                                                3.   Create a digital                  explore feasibility of 2028
       creative event in Brisbane
                                                     connectivity map                  Olympic Games bid
                                                     for Brisbane, highlighting
                                                                                  5.   Work with Council of
                                                     for business the
                                                                                       Mayors (SEQ) on regional
                                                     alignment of high-speed
                                                                                       collaboration for future
                                                     broadband provision
                                                                                       infrastructure, public
                                                4.   Change Council                    transport, freight and
                                                     procurement processes             logistics requirements
                                                     to be more accessible for         for SEQ
                                                     SMEs and start-ups
                                                                                  6.   Pursue ongoing alignment
                                                                                       of Brisbane’s land use,
                                                                                       infrastructure and
                                                                                       economic development
                                                                                       strategies
11 Lord Mayor’s Economic Development Steering Committee 2015
7
TEAM BRISBANE                                      WHAT WE HEARD FROM
One of the strongest recurring
themes from the focus groups
                                                   FOCUS GROUPS
                                                   “
was the need to develop a
more effective approach to
                                                          he precinct concept
                                                         T
system coordination that                                 brings greater efficiency by
achieves a better connected
economic development
                                                         clustering knowledge.
                                                                                     ”
                                                   “
ecosystem.
                                                         Think about Greater Brisbane
Recommended Actions                                      as an entity including north
1.   Continue to grow Team                               and south coasts, Ipswich,
     Brisbane culture across the                         and Toowoomba. From
     wider Brisbane region
                                                         that approach there is an
2.   Develop new economic
                                                         obvious need for much better

                                                                     ”
     development funding
     models and partnerships                             connectivity.

                                                   “
     that deliver ‘Team Brisbane’
     co-investment based on                              Networks – tapping into the
     shared responsibility,                              global market, international
     shared costs and shared
     benefits
                                                         expat community and other
                                                         entrepreneurs for solutions
3.   Lead development of a
     Team Brisbane Global                                and opportunities. Being
     Network program                                     strong locally, but building
     to encourage global
     participation in Brisbane
                                                         international networks.
                                                                                       ”
                                                   “
     2022 New World City
     Action Plan
                                                         Build on our people/
                                                         knowledge capital as
4.   Lead a New World
     Cities Alliance to                                  Brisbane’s point of difference
     strengthen Brisbane’s                               – with appropriate governance.
     global positioning as a
                                                         Create entrepreneurial zones,

                                                                               ”
     model New World City and
     inform context, content and                         but not in isolation.

                                                   “
     partnerships for the Asia
     Pacific Cities Summit                                e need design at our heart,
                                                         W
                                                         in everything we do.
                                                                                ”
Refer to choosebrisbane.com.au/2022plan for all recommendations.       Brisbane 2022 New World City Action Plan 12
WHAT IT MEANS FOR RESIDENTS
                 Importantly, one of the key characteristics that categorise New
                 World Cities is the lifestyle quality their urban environments afford.
                 Brisbane, like other cities that currently fit the profile, has an
                 enviable quality of life for residents, an easy commute, generous
                 green spaces, a rich cultural offering, world-class career and
                 business opportunities, sustainability as a priority, easy access to
                 leisure activities and a healthy environment.
                 Developing further as a New World City is anything but a grow-
                 at-all-costs exercise, rather, a strategic, ‘smart growth’ formula
                 that affords and maintains desired liveability for residents and
                 enhances existing city benefits and assets.
                 This formula nurtures a strong and diverse economy primarily
                 driven by revenues generated from global markets that purchase
                 skills and products in which New World Cities specialise.
                 Brisbane residents and visitors who enjoy our burgeoning arts
                 and culture scene, the world-class food and entertainment we
                 have and our open, friendly way of life will see those qualities
                 amplified as our New World City continues to evolve.
                 It is significant that what separates New World Cities from
                 their larger ‘old world’ counterparts is a realisation that lack of
                 space and affordability, high pollution and city congestion have
                 emerged as significant problems for future growth, quality of life
                 for residents and the ability to attract talented people.
                 These lessons learned play a pivotal role in the smart growth
                 formula for New World Cities.

13 Lord Mayor’s Economic Development Steering Committee 2015
THE PLAN’S AMBITIONS FOR BRISBANE 2022
    LOCAL                                           GLOBAL

•    city that offers an exceptional quality
    A                                           •    mid-sized Asia Pacific hub that is a
                                                    A
    of life and a breadth of employment             leader in defining and refining a new
    opportunities that means the vast               Asia Pacific culture and identity
    majority of Brisbane residents need
                                                •    connected city through world-class
                                                    A
    not go elsewhere to fulfil their career
                                                    infrastructure, strong international
    aspirations
                                                    networks, direct flights to key hub cities,
•    igh average incomes across all socio-
    H                                               trade and innovation exchange
    economic groups                             •    city that is a magnet for talented
                                                    A
•   Host 12 drawcard events per year               Australians and immigrants, resulting
                                                    in a diverse population that facilitates
•    n innovative city that expresses its
    A                                               connections and trade with all parts of
    creativity through new companies,               the world
    products, services and ideas relevant to
    global markets                              •    recognised centre of higher
                                                    A
                                                    education with specific relevance to the
•    n open, friendly city without the
    A                                               Asia Pacific region
    congestion and socio-economic
                                                •   A leading city in the ‘business of cities’
    divisions found in larger cities
                                                •    leading education hub in
                                                    A
•    diverse, multilingual and multicultural
    A
                                                    the Asia Pacific
    workforce
                                                •    ne of the world’s top 60 cities
                                                    O
•    city with highly visible, connected,
    A
                                                    for foreign direct investment
    and productive precincts
                                                •   In the top 20 cities globally in at least
•    city where business, governments,
    A
                                                     one key industry
    institutions and the wider community
    work together to build a greater            •    trong growth sectors that collaborate
                                                    S
    Brisbane                                        locally to compete globally

•    city that helps lead SEQ/Greater
    A                                           •   In the top 50 destinations for
    Brisbane toward thinking, planning,              international conferences, with total
    and taking action to build a stronger            delegate days across all business
                                                     events of 600,000 per year
    and more inter-connected city with
    efficient, reliable, and frequent public    •    e among the world’s top 100 most-
                                                    B
    transit infrastructure                          visited cities

                                                                Brisbane 2022 New World City Action Plan 14
THE CONSULTATION PROCESS
           The focus     The great cities of the world are those whose communities share a
   groups ran from       vision for their city and work together to achieve it. The outcome of
    early February       that shared goal is enhanced social and economic prosperity for all.
      through April
            2015 and     The Lord Mayor’s Economic Development Steering Committee went
          comprised      into the report-planning phase with that as a guiding principle. It
    more than 600        sought to embrace and share the insights of our community to
          attendees.     deliver a plan that ultimately unites and offers benefit to everyone.
          Additional
       consultation
                         The focus groups and original 150-strong business forum conducted
           meetings      at City Hall in late February 2015 captured the critical thinking of key
          resulted in    industries that have most impact on our local economy and social
   more than 1000        wellbeing now and into the future.
     people having       The groups were:
        input to the
              report.
                                      •    Small & Medium Enterprises
                                      •    Start-ups
                                      •    International education
                                      •    Business events
                                      •    Major events, activation & tourism
                                      •    Investment attraction
                                      •    Creative & digital industries
                                      •    Academic & industry research
                                      •    Food & agriculture
                                      •    Knowledge-based corporate services
                                      •    Energy & resource industries
                                      •    Key economic precincts
                                      •    Infrastructure
                                      •    Brisbane Asia Pacific Creative Forum
                                      •    Education/workforce development
                         In some cases, particular industry sector experts were spread
                         across a range of groups to provide insights. In the property
                         sector, for example, representatives from industry associations,
                         consultants, government agencies and public and private developers
                         had a presence in five focus groups. The same can be said of
                         representatives from the arts and sporting communities.
                         Further to the comprehensive consultation process, a parallel
                         research program was undertaken to provide context to the
                         discourse and also identify key areas of opportunity. The research
                         team included members of the University of Queensland’s School of
                         Geography, Planning and Environmental Management and Brisbane
                         City Council’s City Planning and Economic Development Unit.
                         The Steering Committee’s findings were also informed by global
                         best practice and experts headed by Professor Greg Clark, one
                         of the world’s foremost urbanists and key advisor to a range of
                         international cities.

Refer to choosebrisbane.com.au/2022plan for details of focus group commentary   Brisbane 2022 New World City Action Plan 16
BRISBANE’S ECONOMIC SNAPSHOT
                 ■■ Fuelled by strong population and employment growth,
                      Brisbane’s economy increased in real terms by over 60%
                      from $81.6b in 2000-01 to $130b in 2010-2011; contributing
                      almost half (48%) of Queensland’s economic output.
                      (Source: Queensland Government Statistician’s Office,
                      Experimental Estimates of Gross Regional Product, 2000-01,
                      2006-07 and 2010-11)

                 ■■ Brisbane’s economy continues to expand, diversify and
                      strengthen. From mid-2011 to early 2015, employment in
                      Greater Brisbane increased by almost 50,000 additional
                      jobs, taking total employment from approximately 1.1 million
                      to 1.16 million. Going forward, it is expected that as Brisbane
                      strengthens its high-value exporting sectors, employment
                      growth will be strongest in highly skilled occupations, to
                      deliver on target growth of 300,000 additional jobs to the
                      Brisbane economy by 2025-2026 while also contributing
                      to rising average incomes for Brisbane residents (Source:
                      Tourism Research Australia, National Visitor Survey and
                      International Visitor Survey, June 2013)

                 ■■ Affirming Brisbane’s ongoing transformation to a knowledge
                      economy, the strongest employment growth has been
                      experienced in the healthcare and professional services
                      sectors. Healthcare grew by almost 25,000 jobs to reach
                      a total of 151,000 in early 2015, while professional services
                      employment increased by almost 19,000 jobs to reach a total
                      of almost 111,000. (Source: ABS Labour Force Statistics)

                 ■■ Transformation to a more technology-intensive economy
                      is also visible in the employment data which shows a shift
                      in employment away from manufacturing and agriculture
                      into more knowledge-intensive service sectors (Source:
                      Australian Bureau of Statistics (ABS), 2006-2014)

                 ■■ Tourism is one of Brisbane’s largest service exports and as a
                      result of Brisbane’s strong emphasis on conventions, as well
                      as education-related tourism, has proven remarkably resilient.
                      In 2014, the estimated value of visitor expenditure from both
                      domestic and international visitors in Brisbane was around
                      $4.75b. International visitation, which accounts for over 30%
                      of total tourism expenditure, has been growing strongly,
                      recording 912,000 visitors in 2011 and rising to 997,000
                      visitors in 2014 (Source: Tourism Research Australia, National
                      Visitor Survey and International Visitor Survey, September
                      2011 and 2014)

17 Lord Mayor’s Economic Development Steering Committee 2015
■■ Greater Brisbane’s population increased by an additional
           127,000 people between 2011 and 2014 to reach a total
           population of 2.27m by mid-2014. This reflects an annual
           average growth of 1.9% per year between 2011 and 2014
           (Source: ABS Regional Population Growth, CAT3218.0, 2013-14)

      ■■ Buoyed by the strong performance of the mining and
           resource sector, by June 2013-14 the Greater Brisbane
           economy had grown to $146b. (Source: Brisbane City Council
           estimates derived from Queensland State Accounts and
           Queensland Government Statistician’s Office ‘Experimental
           Estimates of Gross Regional Product, 2000-01, 2006-07 and
           2010-11’)

      ■■ Since the global financial crisis, more challenging economic
           conditions have slowed employment growth in Brisbane.
           Labour Force Survey data generated by the Australian
           Bureau of Statistics provides an estimate of employment
           growth in specific sectors. From the chart below, it can
           be seen that strongest employment growth since 2011 has
           been experienced in the knowledge services sector of the
           economy, with energy and resources also growing well
           but from a much smaller base. Most other sectors have
           experienced weak growth, with food and agribusiness
           showing the largest contraction in employment since 2011.
           Further investigation is required to understand the source
           of growth and decline in each sector over the period.

           EMPLOYMENT GROWTH IN BRISBANE’S KEY SECTORS 2011-2014
                                                                                                   Average Total
Knowledge-Based Services                                                                           Employment 2011

                                                                                                   Growth 2011-14
    Energy and Resources

                Education

 Accommodation/Visitors

      Creative and Digital

   Food and Agribusiness

 Advanced Manufacturing

Property and Construction

                          -10.0       10.0       30.0           50.0   70.0     90.0      110.0
                                                 Employment Growth (000’s)

      Source: ABS Labour Force Survey 2011-2014 (Unpublished)

                                                                         Brisbane 2022 New World City Action Plan 18
LORD MAYOR’S ECONOMIC DEVELOPMENT
                 STEERING COMMITTEE
                 Appointed members:                            Ex officio members:
                    •   Ian Klug                                • John Aitken
                    •   Anna Rooke                              • Ian Bromley
                    •   Geoff McIntyre                          • Brent Rees
                    •   Max Lu
                    •   Peter Savoff
                    •   Rachel Crowley
                    •   Russell Shields
                    •   Russell Trood
                    •   Schalk Pienaar
                    •   Sean Ryan
                    •   Shaun Munday
                    •   Wayne Gerard

                 Ian Klug - Chair
                  Ian is Chairman of Brisbane Marketing.
                 Anna Rooke
                 Anna is CEO of QUT Creative Enterprise Australia.
                 Geoff McIntyre
                 Geoff is Managing Director of JLL Queensland.
                 Professor Max Lu
                 Professor Lu is Provost and Senior Vice-President
                 at the University of Queensland.
                 Peter Savoff
                 Peter is General Manager, Hotels for the Anthony John Group.
                 Rachel Crowley
                 Rachel is Head of Corporate Relations at Brisbane Airport Corporation.
                 Russell Shields
                 Russell is Chairman of Onyx Property Group.
                 Russell Trood
                 Russell is Professor of International Relations at Griffith University.
                 Schalk Pienaar
                 Schalk is founding director of Croomo,
                 a digital training development company.
                 Sean Ryan
                 Sean is State Director of News Corp Australia.
                 Shaun Munday
                 Shaun is Managing Director of Place Design Group.
                 Wayne Gerard
                 Wayne is CEO and co-founder of RedEye.

19 Lord Mayor’s Economic Development Steering Committee 2015
WHAT WE HEARD FROM INDUSTRY
                                    “We
                            have to sell the fact
                    we are a SAFE HAVEN in Asia.” •
                “Create a ‘CONNECTION HUB’ between
          industry and educational institutions who have the
        talent.” • “Invest in a SIGNATURE DIGITAL EVENT for
      the city” • “The precinct concept brings greater efficiency
       by CLUSTERING KNOWLEDGE together.” • “We need to
   think about SEQ AS A WHOLE… the integrated market of SEQ.”
    • “A lot of it doesn’t require investment but BRINGING PEOPLE
   TOGETHER.” • “There is a big sleeper around AUTOMATION.” •
  “We need DESIGN AT OUR HEART in everything we do.” • “This is
about a TALENT strategy. It has to be HOLISTIC starting at high school.”
 • “Key economic precincts can INFLUENCE THE CULTURE of an entire
city.” • How do we get Brisbanites (sic) to become ADVOCATES of the
  city’s offerings?” • “The BEAUTY OF BRISBANE is in its precincts” •
   “We need to EDUCATE BUSINESS about the digital dividend that can
   deliver their bottom line.” • “You keep the city LIVEABLE and provide
       for density, housing and a metro system (and) your KNOWLEDGE
         WORKERS will stay in the city.” • “SOCIAL CAPITAL is a missing
             metric” • “If we are a YOUNG, SMART, ENERGETIC CITY,
               then sports events fit right into that.” • “We want to see
                 NIGHTLIFE beyond 8pm” • “The value in this BIG DATA
                       is not the data itself, it is what you can turn it into,
                                                   KNOWLEDGE.” • “DRIVING
                                                   INNOVATION inside existing
                                                    businesses makes jobs.” •
                                                     “…KEY PRECINCTS can
                                                    influence the culture of
                                                    an entire city.” • “We
                                                 need LIVING STREETS.”
                                                   • “A physical centre
                                                location like ‘START-
                                                UP LAND’ would
                                             go a long way to
                                          connectedness” •
                                   “Prioritise infrastructure.
                                  • “We need a digital
                              thread that weaves a
                         SCALABLE DIGITAL
                         tapestry.”

                                                          Brisbane 2022 New World City Action Plan 20
ACKNOWLEDGEMENTS
              The Steering Committee would sincerely like to thank the individuals
              connected to the 500 different businesses, organisations and associations
              who contributed so much to this report.

              AAM Group                                 Brisbane Markets Ltd                      DMA Partners
              4impact Group                             Brisbane Powerhouse                       Domino’s
              55 Comms                                  Brisbane Racing Club - Eagle Farm         Economic Development Queensland
              9 Strategic                               Brisbane Times                            Ecotech
              ABB Group                                 Brisbane West Chamber of Commerce
                                                                                                  Eden Ritchie Recruitment
              Acaché                                    BROWNS English Language School
                                                                                                  Emporium Hotel
              ACBC QLD                                  Buding Social Media
                                                                                                  Energex Limited
              Acchoir Group                             Business Angels
                                                                                                  Environmental Resource Management
              Acciona                                   Business Depot
              ACIL Allen Consulting                     Business Models Inc                       EPICURE at Brisbane City Hall

              Advisian                                  Business South Bank                       Ergon Energy
              AEC Group                                 Business Success Group                    ERM Power
              AECOM                                     Calibre Consulting                        Ernst & Young
              AEG Ogden                                 Campbell Arnott’s                         Esri Australia
              AEIT                                      Cardno                                    Fairfax Media
              AIBC                                      Careers Australia                         Ffrench Connection
              AIIA                                      Carillon Conference Management (CCM)
                                                                                                  First Solar
              Airtrain                                  Caxton Street Development Association
                                                                                                  Four Points by Sheraton Brisbane
              Allens                                    CCIQ
                                                                                                  Fragomen
              Anthony John Group                        CCPIT Commercial Legal Counseling and
                                                        Complaining Center                        Fugro ROAMES
              ANZ Banking Group Limited Brisbane
              APP Corporation                           CGI Consulting                            Gambaro Hotel

              APPEA                                     Channel Nine                              GBST
              ARC Centre of Excellence for Robotic      CHARLTON BROWN                            GHD
              Vision                                    China Eastern Airlines                    GIS People
              Architectus                               China Real Estate Chamber of              Grant Thornton
              Aria Property Group                       Commerce
                                                                                                  Graystone
              Arts Queensland (Qld Govt)                China Union Pay
                                                                                                  Griffith University
              ARUP                                      CISCO
                                                        CitySmart                                 Halfbrick Studios
              Asia Link
                                                        Clayton Utz                               Haystack
              Asia Pacific Screen Awards & Brisbane
              Asia Pacific Film Festival                Cockatoo Coal Limited                     Healthy Waterways
              Association of Mining and Exploration     Coffey Geotechnics                        Hear and Say Centre
              Companies Inc.                            Commonwealth Bank of Australia            Herbert Smith Freehills
              Aurizon                                   Conrad Gargett                            Hines Management
              AusIndustry                               Consulate-General of Japan in Brisbane    Hopgood Ganim
              AustCham Beijing                          Corrs Chambers Westgarth
                                                                                                  Housing Industry Association Ltd
              AustCham Shanghai                         Council of Mayors (SEQ)
                                                                                                  Howard Smith Wharves
              Austmine Ltd                              Cox Rayner Architects
                                                                                                  HSBC Bank Australia Limited - Brisbane
              Australian Child Care Career Options      CQUniversity
              Australian Country Choice Pty Ltd                                                   Huawei
                                                        CRC Mining
              Australian Industry Group                 CRC ORE                                   Huckleberry Australia Pty Ltd
              Australian Institute of Architects        Croomo                                    Hudson
              BBS Communications                        CSIRO                                     ICMS Australasia Pty Ltd
              BCM                                       CSIRO’s Digital Productivity Flagship     Independent IT professional
              BDO                                       Data#3                                    Independent Schools Queensland
              Bechtel Australia                         David Macfarlane Consulting               Initiative Capital
              Beijing Caissa International Travel       Davidson                                  Innovation & Digital Ventures
              Services
                                                        DDH Graham Limited
                                                                                                  Innovative Business Concepts
              Beijing UTour International Travel
                                                        Deloitte
              Services                                                                            Interfinancial Ltd
                                                        Department of Agriculture & Fisheries
              Bentleys Chartered Accountant                                                       International Education Services Ltd
                                                        Department of Foreign Affairs and Trade
              Blue Box                                                                            (IES)
                                                        Department of Infrastructure, Local
              Blue Sky Alternative Investments                                                    International Energy Centre (IEC)
                                                        Government and Planning
              Bondi Labs                                                                          Interport Cargo Services
                                                        Department of Natural Resources
              Bornhorst & Ward                          and Mines                                 Ipswich City Council
              Brisbane Airport Corporation              Department of Science, Information        iQ Capital Management
              Brisbane City Council (BCC)               Technology and Innovation
                                                                                                  ISPT
              Brisbane Convention & Exhibition Centre   Department of State Development
                                                                                                  Itegran
              (BCEC)                                    Department of the Premier & Cabinet
              Brisbane Development Association                                                    Jacobs
                                                        Department of Tourism, Major Events,
              Brisbane Festival                         Small Business & Commonwealth Games       James St Initiative
              Brisbane International Tennis             Department of Transport & Main Roads      Jasstech Solutions
              Brisbane Lions                            Dexus Property Group                      JLL

21 Lord Mayor’s Economic Development Steering Committee 2015
Josephmark                                 QIC                                          State Government
Just Invest                                Qiming Ventures                              State Library of Queensland
Kath Rose & Associates                     Qld Alliance for Agriculture & Food          Stefan
KDPR                                       Innovation
                                                                                        Stockland
King & Wood Mallesons                      Qld Cricket
                                                                                        Suncorp Stadium
KPMG                                       Qmusic
                                                                                        Supply Chain & Logistics Assoc. Australia
Laing O’Rourke                             Queensland Art Gallery/Gallery of
                                           Modern Art (QAGOMA)                          TAFE Queensland
Langano Business Strategists
                                           Queensland Ballet                            Tanda
LehmanBrown
Leighton Properties                        Queensland Government - Department           Tatts
Lend Lease                                 of State Development, Infrastructure and     Taxi Council of Queensland
                                           Planning (DSDIP)
LGAQ                                                                                    Technology One
                                           Queensland Government - Department
Life Sciences Queensland                                                                Tencent
                                           of Tourism, Major Events, Small Business
Liquid State                                                                            Tennis Australia
                                           & the Commonwealth Games
Little Tokyo 2
                                           Queensland Institute of Business and         Terri Cooper Networking Event
Macquarie                                  Technology (QIBT)                            The Eagle Academy
MacroPlan Dimasi
                                           Queensland International Institute (QII)
Mantle Group                                                                            The Grattan Institute
                                           Queensland Museum & Sciencentre
McCullough Robertson Lawyers                                                            THG Resource Strategists
                                           Queensland Performing Arts Centre
MindHive                                                                                Think: Education group
                                           (QPAC)
Minpac Modular                                                                          Three Plus
                                           Queensland Rail
Minter Ellison
                                           Queensland Resources Council (QRC)           Tianjin Economic -Technological
Mission Australia
                                           Queensland Symphony Orchestra                Development Area
ML Design
                                           Queensland University of Technology          Tourism & Events Queensland (TEQ)
Monster Solutions
                                           (QUT)                                        Tourism Australia China
Museum of Brisbane
                                           Rail Skills Australasia                      Trade and Investment Queensland (TIQ)
National Association of Community
Legal Centres                              Ray White
                                                                                        TransEduCom Pty Ltd
National Retail Association Ltd (NRA)      Red Hat Asia-Pacific Pty Ltd
                                                                                        Translational Research Institute
News Corp Australia                        Red Suit
                                                                                        TransLink
NICTA                                      Redeye Apps
                                                                                        Triathlon Australia
Norton Rose Fulbright                      Regional Development Australia
                                                                                        Tritium
Novion Property Group                      Regus Brisbane
                                           Reload Media                                 U&U Recruitment
Novus Urban
Office of the Lord Mayor                   RetireAustralia                              UDIA (Qld)

Office of the Queensland Chief Scientist   Rick Antonson                                Uniqlo
Onyx Property Group                        River City Labs                              Uniquest
Open Data Institute Queensland             Riverside Marine                             United Overseas Bank Limited
Ord Minnett                                RLMS                                         University of Queensland
Orient Group                               RNA                                          University of the Sunshine Coast
Orient Speech Pathology                    Robert Walters Brisbane
                                                                                        Urban Art Projects
OzAccom +                                  Rowland Pty Ltd
                                                                                        Urban Futures Brisbane Board
PanAust                                    RPS
                                                                                        Urbis
Parsons Brinckerhoff                       Santos
                                                                                        USQ International
Peabody Energy Australia                   Sarina Russo/JCUB
Peet                                       Schenker Australia                           Vale

Phoenix Tours Beijing                      Screen Queensland Pty Ltd                    Valley Chamber of Commerce
Pine Lodge                                                                              Incorporated
                                           Senex Energy Limited
Place Design Group Pty Ltd                 Shanghai Waigaoqiao Free Trade Zone          Vanke Group
PlantMiner.com.au                          Shamrock Civil Engineering                   Vidotto Group
Populous                                   Shenzhen Foundation for International        Vincents (Accountants)
Port of Brisbane                           Exchange and Cooperation                     Virgin Australia
Portfolio Projects                         SIBA
                                                                                        Volunteering Queensland
POTU Australia                             Silk Logistics Group
                                                                                        WG Architects
Prettygreat                                Singapore Airlines
                                                                                        Wiley & Co Pty Ltd
Primetime                                  Sofitel Brisbane Central
                                                                                        WorkPac Group
Property Council of Australia              South Bank Corporation
                                                                                        Workplace Edge
PSA Consulting                             Spike Innovations
Pullman Brisbane King George Square        St Joseph’s Nudgee College                   WorleyParsons

PWC                                        St Margaret’s Anglican Girls School          Xstract Mining Consultants
Qantas                                     St Paul’s School                             Yellow Cab Co
QGC                                        St Vincent de Paul                           Zinc Recruitment

                                                                                      Brisbane 2022 New World City Action Plan 22
ACTIVATING TEAM BRISBANE TO SHAPE OUR NEW WORLD CITY

          “Brisbane is brilliantly positioned
            to sell to the world the things the
            world needs. The world needs
            education and medicine as well as
            fantastic visitor and amazing cultural
            experiences.”
            -Professor Greg Clark,
              LEADING GLOBAL URBANIST

Refer to choosebrisbane.com.au/2022plan for full report.

Compiled by the Lord Mayor’s Economic Development Steering Committee.
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