Thursday, 21 September 2017 Sydney
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Western Australia & Perth::

Perth tied for fifth place in The Economist’s 2009 list of the World’s Most Liveable Cities. With a current population of 1.65 million, Perth is the capital and largest city of Western Australia. Largely the direct result of the recent mining and energy boom, Western Australia is currently the fastest growing state in Australia. Perth ranks fourth in size among Australia’s cities, and has a growth rate consistently above the national average.

 

Projections from the Australian Bureau of Statistics estimate that Perth could have almost 2.5 million residents by 2026, with a population approaching 4.2 million by 2056. With an area of over 2.5 million square kilometres, Western Australia is Australia’s largest state. Covering one third of the Australian continent, it accounts for 10 percent of Australia’s population. The Western Australian economy is primarily supported by the extraction and processing of an abundant range of mineral and petroleum commodities.

 

Industry & Lifestyle

 

Perth’s central business district is just seven kilometres from the clean, sandy beaches of the Indian Ocean. Thanks to an extensive and toll-free freeway system, the city’s industrial areas, shipping port and airport are never more than 30 minutes away. This bustling capital city is truly multicultural, with 30 per cent of its population born overseas. The standard of Western Australia’s schools, hospitals, legal and accounting practices, banks, entertainment and recreational facilities provide an enviable quality of life to its people and businesses. Perth shares its time zone with many Asian countries, and is the only major Australian city able to contact Europe during business hours!

 

Investment Potential

 

Western Australia boasts an open, dynamic economy built on strong international investment. Dominated by its resources and services sector, the Western Australian economy is largely driven by the export of iron-ore, gold, liquefied gas and agricultural commodities such as wheat. Other key industries include manufacturing, construction, property and business. Strong growth is predicted in the mineral and petroleum sector. Western Australia is ideally located to access every key market in Asia, Australia, The Indian Ocean Region and beyond, offering huge benefits to companies wishing to trade in the area.