The Lifestyle City
Perth is a modern and vibrant capital city, boasting a desirable lifestyle, great geographic location and attractive investment opportunities.
Perth is regularly ranked in the top 10 most liveable, friendly and attractive cities in the world. As the capital city of one of the world’s most significant mining regions, Perth is rapidly growing in lifestyle, population and economic prosperity.The strength of our economy, especially our capabilities in the resource sector, ensures that both the city and the state are competitively placed for future investment and growth.
Perth's close proximity to Asia opens great potential for investors in energy, minerals, tourism and hospitality, education and agriculture and food.
Perth is in the midst of an exciting period of expansion and new developments. The large-scale capital works projects throughout the city and surrounding areas means Perth will change dramatically over the next ten years, better reflecting the growing global importance of the city. These developments provide great opportunities for investors and will drive further economic growth, creating more jobs and stimulating commerce in all industries.
While the state of Western Australia is fortunate to have world-class reserves of natural mineral and energy resources, the city has become home to an equally impressive resource - a highly educated, skilled and productive workforce – gathered here by the strength of our tertiary institutions, economic climate and world-class lifestyle opportunities, making Perth the state's leading destination for creative innovation and cultural diversity.
Tourism is critical to Australia’s economic future and has been identified as one of five industries expected to grow faster than global GDP over the next 10 to 20 years. It is a major contributor to the Perth and Western Australian economy, having a positive impact on many areas such as transport, accommodation, retail, food and beverage, tours & experiences.
The economic development team facilitates the City’s engagement with the tourism industry by maintaining representation at key industry events and liaising regularly with Perth’s peak tourism bodies and businesses.
- Perth has been internationally recognized for its high quality of living and has been consistently listed as one of the world’s top ten most liveable cities since 2004.
- Tourism is worth $10.1 billion to the state’s economy, of which $2.4 billion comes from international visitor spending (Y/E September 2017).
- The top three countries visiting WA are the United Kingdom, Malaysia and Singapore (Y/E December 2017).
- The State Government’s goal is to attract 100,000 Chinese visitors by 2020 in order to contribute more than $500 million to the local economy.