Economy

.Brisbane's economy has white-collar and blue-collar industries. White-collar industries include information technology, financial services, higher education and public sector administration generally concentrated in and around the central business district and recently established office areas in the inner suburbs. Blue-collar industries, including petroleum refining, stevedoring, paper milling, metalworking and QR railway workshops, tend to be located on the lower reaches of the Brisbane River and in new industrial zones on the urban fringe. Tourism is an important part of the Brisbane economy, both in its own right and as a gateway to other areas of Queensland.

Since the late 1990s and early 2000s, the Queensland State Government has been developing technology and science industries in Queensland as a whole, and Brisbane in particular, as part of its "Smart State" initiative. The government has invested in several biotechnology and research facilities at several universities in Brisbane. The Institute for Molecular Bioscience at the University of Queensland Saint Lucia Campus is a large CSIRO and Queensland state government initiative for research and innovation that is currently being emulated at the Queensland University of Technology Campus at Kelvin Grove with the establishment of the Institute of Health and Biomedical Innovation .

The Port of Brisbane is on the lower reaches of the Brisbane River and on Fisherman's Island at the rivers mouth, and is the 3rd most important port in Australia for value of goods. Container freight, sugar, grain, coal and bulk liquids are the major exports. Most of the port facilities are less than three decades old and some are built on reclaimed mangroves and wetlands. The Port is a part of the Australia TradeCoast, the country's fastest-growing economic development area. Geographically, Australia TradeCoast occupies a large swathe of land around the airport and port. Commercially, the area has attracted a mix of companies from throughout the Asia Pacific region.

Brisbane is one of the major business hubs in Australia. Most major Australian companies, as well as numerous international companies, have contact offices in Brisbane, while numerous electronics businesses have distribution hubs in and around the city. DHL Global's Oceanic distribution warehouse is located in Brisbane, as is Asia Pacific Aerospace's headquarters.

The rise

Brisbane is the state capital of Queensland. Brisbane is the third most populous city in Australia and the most populous city of Queensland. It is situated on the Brisbane River on a low-lying floodplain between Moreton Bay and the Great Dividing Range in south-eastern Queensland. The local indigenous people knew the area as Mian-jin, meaning 'place shaped as a spike'. The city is named after Sir Thomas Brisbane, the Governor of New South Wales from 1821 to 1825.

The settlement at Brisbane developed after an abandoned initial penal colony settlement at Redcliffe, 28 kilometres (17 mi) north. The colony moved to the current location of the Brisbane central business district in 1825, and free settlers were permitted from 1842. It was chosen as the capital when Queensland was proclaimed a separate colony in 1859.

A large portion of Brisbane is controlled by the Brisbane City Council and also covers parts of several adjoining local government areas. In 1925, the City of Brisbane Act was passed by the Queensland Government, abolishing 20 local government authorities in the city and forming the largest local authority in Australia, covering 1,200 square kilometres.

Brisbane City

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