1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar




Property News

Commercial opportunities attract foreign visitors

March 08, 2012

Australia could be considered a magnet for international visitors - its world-renowned attractions appeal to people from all walks of life.

Lately, the sunburnt country has also been attracting foreign business and commercial property investment.

Global recession conditions have turned Australia into a relatively economically secure place to be, as the strength of the dollar increases and the resource sector heats up.

In fact, figures from Tourism Research Australia reveal signs of increased foreign business activity.

In 2011, business travellers who were visiting the country increased by five per cent, visitors coming for employment by 14 per cent and holidaymakers decreased by four per cent, compared with 2010.

The lucrative mining sectors of Western Australia, Queensland and Northern Territory have been performing particularly well, attracting fly-in fly-out employees as well as commercial property investment.

The minister for tourism Martin Ferguson spoke about the opportunities this presents for Australia.

He said: "The successful businesses of the future will be those that can adapt to these trends, invest for growth and take full advantage of the business services on offer."



Join myLJHooker to keep ahead of the market

Already signed up? Login here.

Related Articles

How central commercial property can work for investors

Commercial property investment can be the next big step for investors looking to increase their ...
read more

New planning zones positive for property investment

Property investment and development opportunities should become more available in Victoria after ...
read more

Fire Services Property Levy reforms will 'hurt' commercial property

The Fire Services Property Levy (FSPL) in Victoria will be detrimental for commercial property ...
read more

Latest Articles

Rental property prices in Perth show slight growth in March quarter

The March quarter showed a small rise for rental property weekly rents in Perth. A 4.4 per cent ...
read more

Three reasons to live in a rental property

While owning your own property certainly comes with its own perks, there are some great reasons to ...
read more

First time buyers let down by budget

The federal budget has let down first time buyers, according to the Real Estate Institute of ...
read more