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Ambassador_Powerpoint_Presentation_November 2016

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Page 1: Ambassador_Powerpoint_Presentation_November 2016
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• A Gross Regional Product of over A$16 billion – twice was it was a decade ago and now one of the largest regional economies in Queensland

• An average annual economic growth rate of 4.09% from 2002-2015 – higher than the national economic growth rate of 3.04% (International Monetary Fund 2013 and NIEIR 2015)

• In FY2015/16 the Sunshine Coast recorded the highest number of building approvals since 2003/04 (.id, ABS)

• More than A$2.5 billion in major projects already underway or in the pipeline

Successful companies have relocated to the Sunshine Coast

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And local businesses have successfully expanded

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• A Gross Regional Product of over A$16 billion and now one of the largest regional economies in Queensland.

• An average annual economic growth rate of 4.09% from 2002-2015 – higher than the national economic growth rate of 3.04% (International Monetary Fund 2013 and NIEIR 2015).

• In FY2015/16 the Sunshine Coast recorded the highest number of building approvals since 2003/04 (.id, ABS).

• More than A$2.5 billion in major projects already underway or in the pipeline.

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April 2017

• Australia’s only greenfield Central Business District at Maroochydore – infrastructure work has commenced

• A$1.8 billion Sunshine Coast University Hospital – Australia’s first new – not replacement - tertiary, teaching hospital development in more than 25 years – to open in April 2017

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2017

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• A$400 million expansion of the Sunshine Plaza retail centre at Maroochydore – due for completion in December 2018

• Oceanside Health Hub – 17 hectares and up to 32,000m2 of dedicated health and medical space adjacent to the University hospitals

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• Aura (Caloundra South) – 2,310 hectares, 20,000 dwellings to house a population of approximately 50,000 people – the largest residential development project in Australia at this time.

• Sippy Downs Town Centre and Business and Technology Park – including 15.5 hectares for a business and technology park adjacent to the University of the Sunshine Coast. The new international headquarters for Youi Insurance is currently under construction.

• Palmview – more than 900 hectares to provide more than 7,000 dwellings to house around 17,000 people – to be completed over the next 20 years.

• Bokarina Beach – 30 hectare site on Nicklin Way Bokarina will provide mixed use residential, retail, tourism and recreational spaces.

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Maroochydore City CentreMaroochydore City Centre will comprise –•A 53 hectare greenfield site in the heart of Maroochydore•Commercial, retail and residential areas•40% open space and waterways

Project to deliver – •150,000m2 commercial gross floor area•65,000m2 retail gross floor area•2,000 residential apartments •Major 5 star hotel, entertainment, convention and exhibition facilities

Lots in Stage 1 will be released to the market in 2016 offering:•36,000m2 Gross floor area for commercial uses•22,000m2 Gross floor area for retail uses•450 residential apartments

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Maroochydore City Centre

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• Prime Location – access to all major transport networks and export infrastructure – air, road, rail and broadband connectivity – including the award winning Sunshine Coast Airport.

• Low taxes – lowest payroll tax of any Australian state or territory, estimated on average at A$677 per person less than the average of other Australian states and territories.

• Low costs – more affordable industrial land prices (50% lower than other capital cities) and lower prices for commercial office space (41% lower than Brisbane costs).

• Skilled workforce – highly educated workforce with the region’s population holding a higher level of post-secondary school qualifications than the Queensland average.

• Government support – dedicated client managers, incentives and assistance for new investors and businesses.

7. Key reasons for Investment Success

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