Queensland’s $46 Billion Infrastructure Boom

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The Palaszczuk Government has released an update to 2018 State Infrastructure Plan as it aims to roll-out a total of $45.8 billion worth of infrastructure over the next four years.

The second part of its State Infrastructure Plan (SIP) focuses on a range of infrastructure spending with its updated release, outlining the $11.6 billion of infrastructure investment to be rolled out in 2018-19, which aims to support up to 38,000 jobs.

Economic forecaster Deloitte Access Economics said that the outlook for engineering construction in Queensland is better than it has been for some time.

“Rather than wallowing in cash from a strong property market and asset privatisations as NSW and Victoria are, the Government is relying more heavily on raising new tax revenue and increasing debt to fund this infrastructure,” Deloitte’s quarterly Business Outlook report said.

“Programs like the Queensland Transport Roads and Investment Program 2018-19 to 2021-22 outlines $21.7 billion in transport and road infrastructure over the next four years, estimated to support an average of 19,200 direct jobs over the life of the program.


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The $5.4 billion Cross River Rail Project the biggest state funded infrastructure commitment in more than a decade, will be delivered in partnership with the private sector, explains Dick.

Infrastructure Association of Queensland chief executive Steve Abson said the infrastructure investment strategies update provides the private sector with confidence to invest in their Queensland operations.

A rise in interstate migration is seeing more people moving to Queensland, according to the Deloitte's Business Outlook report, which says the sunshine state now has the third-fastest rate of population growth behind Victoria and the ACT.

The report said that Queensland is "well and truly" through the worst of its mining construction downturn as eye-watering house prices south of the border are sending more "economic refugees north to Queensland".

  Major Projects Shaping Brisbane As Australia’s New World City

Brisbane. It’s Queensland’s metropolitan jewel and has hopes of soon stepping onto

the international stage as Australia’s next ‘world city’.

There are a number of development projects announced or underway in Brisbane

that are projected to be up and running by 2022, each bringing its own unique quality to the city.

Below are some featured projects that will help take Brisbane to new heights.

Queen’s Wharf

Queen’s Wharf Brisbane is set to attract new visitors and investment as it reconnects the activity of Brisbane’s defining parts of the city like the Botanic Gardens, the Queen Street Mall, the Cultural Precinct, South Bank, the Parliamentary Precinct and the Brisbane River.

It is being delivered by Star Entertainment Group , Far East Consortium (Australia) and Chow Tai Fook Enterprises in order to facilitate the planning and delivery of the Queen’s Wharf Brisbane Integrated Resort Development, and is expected to create more than 2000 construction jobs and 8000 ongoing employment opportunities when the Integrated Resort Development is operational in 2022.

Queen’s Wharf will include:

Five new hotels– including premium brands like the Ritz-Carlton

Three residential towers

A new department store

About 50 food and beverage outlets

A riverfront moonlight cinema

A Queensland Hotel and Hospitality School in partnership with TAFE Queensland.

The development is expected to deliver $1.69 billion annual increase in tourism and 1.39 million additional tourists per annum, along with $4 billion to the Gross State Product.

Northshore Hamilton

Owned by Economic Development Queensland (EDQ), Northshore Hamilton is Brisbane’s largest urban renewal precinct, spanning 304 hectares and will have an important role to play in helping the city position itself for the future.

In the next 20 years, Northshore’s primarily industrial area will be transformed into a $5 billion vibrant riverside precinct over the next 20 years. It will cater for 15,000 residents and become an employment hub for about 15,000 workers in retail precincts and office parks.

Northshore will include 2.5km of dedicated riverfront, with a mixture of parkland and community space. 

Brisbane Airport Redevelopment

Brisbane Airport Australia is currently on the way to delivering the country’s best runway system with the $3.8 billion New Parallel Runway Project (NPR) for Brisbane Airport. While the airport has about 100 other projects in the works for the next 10 years, this NPR is considered the biggest aviation project in Australia.

It will create 2700 construction jobs to complete by 2020.

Howard Smith Wharves

The Howard Smith Wharves project covers a 3.43 hectare riverside precinct that will connect the New Farm Riverwalk and the CBD and revitalise Petrie Bight

Events such as cultural and food festivals will be hosted at the exhibition complex, which will include restaurants and bars.

The Howard Smith Wharves project’s key features include:

A dining, retail and tourism centre utilising the existing heritage-listed buildings

New public open spaces that may be used for markets and festivals

A 64-room, five-star Art Series boutique hotel

A hotel facade that blends into the cliff face with natural tones and textures to keep the iconic Story Bridge as the main focus

Underground carpark for about 350 vehicles

A 1500sqm exhibition space.

  • Brisbane Quarter

Located at 300 George Street and developed by Taiwan’s Shayher Group, Brisbane Quarter is the city’s first integrated, world-class mixed use precinct.

Brisbane Quarter encompasses a complete city block with Brisbane River views and will include Australia’s first purpose-built W Hotel, two levels of riverside dinning and luxury retail shopping beneath a 40 storey Prime Grade office tower.

Tenants of the hotel will have direct access to Brisbane Quarter’s food and beverage precinct with alfresco dining overlooking the Brisbane River, some of Brisbane’s most exciting bars and restaurants, spa facilities and a rooftop park land.

The retail portion of Brisbane Quarter will likely attract international and interstate visitors and become a high-profile location opportunity for locals looking for a signature destination.

Brisbane Metro

While still in its early stages, the Brisbane Metro Subway system was a commitment by Brisbane City council to provide a reliable high-frequency transport system that will reduce CBD bus congestion, cut travel times and allow for the redirection of buses to improve services in the suburbs.

Brisbane Metro would run on a dedicated route linking Woolloongabba to Herston, utilising sections of the South East and Inner Northern Busways, and would remove up to 200 buses per hour in the morning peak from the Victoria Bridge.

When complete, the metro would be able to carry up to 30,000 passengers per hour and will run every two minutes, providing seven kilometres of safe, reliable, smooth and quick travel from Herston to Woolloongabba.

Brisbane Live

Brisbane Live is Australia’s response to New York’s Madison Square Garden  as a 17,000 seat world class arena which will showcase international superstar concerts and performances as well as world sporting events.

Brisbane Live’s masterplan, which belongs to AEG-Ogden, a subsidiary company of AEG and the world’s largest entertainment venue operator, revealed that it will feature a sliding front wall that opens to reveal live acts on stage, and the $450 million arena will also include a 4000-capacity rock club and be surrounded by multiplex cinemas, restaurants and bars, and a giant screen and amphitheatre catering for around 15,000 people.

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