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    Media Statements

    Coat of ArmsMedia Release
    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk

    Global trade critical to Queensland economy and local communities: Premier

    Premier and Minister for the Arts
    The Honourable Annastacia Palaszczuk

    Monday, May 15, 2017

    Global trade critical to Queensland economy and local communities: Premier

    CAIRNS: Premier Annastacia Palaszczuk has reaffirmed her Government’s commitment to push Queensland exports even stronger after posting record results for the last 12 months.

    Addressing almost 80 Canberra-based ambassadors and diplomats at the Heads of Mission meeting in Cairns, the Premier said Queensland’s exports had posted a record calendar year of $52 billion in 2016, but was already signs of breaking that record this year.

    “In the 12 months to March this year, Queensland exports increased to $59 billion – the equivalent of a 23% increase over that 12-month period,” she said.

    “Queensland’s economy has consistently outperformed other advanced economies since the early 1990s and is on track to continue leading the nation this year despite the impacts of Tropical Cyclone Debbie.”

    “There is no better place to invest than Queensland and no better time than now. This strategy is a key component of our economic plan for Queensland and will focus on maturing the pipeline of Queensland’s exports and investments."

    Queensland Treasurer and Minister for Trade and Investment Curtis Pitt has recently released the new $35 million Advancing Trade and Investment – Queensland Trade and Investment Strategy 2017-2022 would build on the state's strong traditional industries and new and developing sectors to boost exports and generate new jobs.

    Addressing the Heads of Mission with Foreign Affairs Minister Julie Bishop and Mr Pitt last night, the Premier said the three-day regional visit was an opportunity to showcase the diversity of Far North Queensland’s economy.

    “This Heads of Mission event will showcase the region’s businesses and our local expertise in tropical health, energy and food production,” she said.

    “This visit is also an opportunity to share what Queensland has to offer abroad, including our World Heritage listed Great Barrier Reef, stunning beaches and beautiful rainforest hinterland.”

    “Like other jurisdictions around the world, Queensland’s economy is changing with our traditional products being supplemented by new goods and services such as bio-technology,” she said.

    “That’s why my Government is supporting innovation-led growth through our $405 million Advance Queensland investment, to inspire more innovation, build business, attract investment and generate jobs.”

    Media contact: Susan McGrady (Premier’s office) 0488 996 667

     

    Advancing Trade and Investment:

    Queensland Trade and Investment Strategy 2017–2022

     

    Summary of initiatives

     

     Developing future leaders

     Establish the Emerging International Business Leaders Program — enabling business professionals in SMEs to experience trade and investment in-market

     Implement a Queensland Trade and Investment International Internship Program — placing graduates in international Trade and Investment Queensland (TIQ) offices

     

    Improving the client experience

     Establish a comprehensive case management service for exporters and investors — providing guidance from initial enquiry to successful resolution

     Establish industry-led international trade missions — supporting missions determined by business need

     

    Supporting businesses

     Implement a Queensland Government Accreditation Program — supporting qualifying businesses by providing official accreditation for use in international markets

     Enable development of Queensland business consortia — providing a combined Queensland service offering to international markets

    Establish an International Business Advisory Circle to mentor Queensland SMEs with high growth potential — connecting successful Queensland and international exporters with SMEs that are ready to export

     Provide cross-border e-commerce training for SMEs — providing international e-commerce training so that SMEs can sell directly through online platforms

     Provide international market reports tailored to Queensland’s strengths — giving Queensland businesses deeper insight into emerging markets

     

    Strengthening regional businesses and economies

    Step up our focus on the north of our state and the opportunities across Northern Australia

    Develop a comprehensive Memorandum of Understanding between the Queensland Government and the Local Government Association of Queensland — providing better coordination of trade and investment opportunities

    Develop Regional Trade and Investment Action Plans — enhancing support for Queensland’s regions through targeted plans

    Provide export and investment training for regional Queensland SMEs — funding business-oriented providers to deliver targeted training

    Boost the investment readiness of regional Queensland — promote and facilitate foreign investment in Queensland’s regions

     

    Expanding our international presence

     Establish a new TIQ office in North America — promoting Queensland’s knowledge-based industries to the world

     Strengthen TIQ’s presence in Singapore — better servicing ASEAN nations

     Strengthen TIQ’s presence in Jakarta – strategically targeting a key growth market

     Develop country-specific trade and investment strategies — capitalising on Queensland strengths and specific market needs

     Conduct a comprehensive review of Queensland’s international operations — strategically matching Queensland’s current offerings to global growth markets

     

    Promoting Queensland globally

     Develop a Queensland prospectus for international investors — showcasing Queensland’s investment opportunities

     Provide a better customer experience through enhanced digital services — including a refreshed TIQ website and updated online presence for TIQ’s international offices

     Implement Queensland showcase events in international markets — highlighting Queensland offerings