As Queensland’s global business agency, Trade and Investment Queensland (TIQ) plays a central role in helping to deliver the Queensland Government’s economic plan.
During 2017–18, TIQ introduced a range of new offerings for clients and developed partnerships that substantially increased its capacity to support economic growth in Queensland.
TIQ continued implementing the 22 initiatives of the Advancing Trade and Investment – Queensland Trade and Investment Strategy 2017–2022 (T&I Strategy) and the 36 initiatives of the International Education and Training Strategy to Advance Queensland 2016–2026 (IET Strategy).
The T&I Strategy, which was launched in April 2017, is designed to position Queensland as Australia’s most innovative and dynamic trading economy and a magnet for global investment. The IET Strategy, which was launched in November 2016, supports growth in international education and training — Queensland’s second-biggest services sector.
Embedded in the both these strategies is the principle of collaborating closely with other arms of government and public and private organisations on activities to encourage export and investment growth in Queensland.
During 2017–18, TIQ worked with a range of partners on several significant trade and investment promotion activities, including Trade 2018, which ran during the Gold Coast 2018 Commonwealth Games in April 2018; the triennial Beef Australia national beef expo held in Rockhampton in May 2018; Australia’s premier innovation festival, Myriad, held in Brisbane in May 2018; and the Northern Australia Investment Forum, held in Cairns in November 2017.
TIQ staff not only helped recruit international delegates to these successful events but also organised meetings with local companies and institutions and followed up potential leads.
TIQ worked closely with other Queensland Government departments to deliver 11 Premier-led and Minister-led overseas trade and investment missions. TIQ’s mission team also coordinated two official visits by the Queensland Governor.
TIQ’s increasingly central role in helping deliver the Queensland Government’s economic plan was recognised in December 2017, when the Premier Annastacia Palaszczuk assumed the role of Minister for Trade, following the November 2017 election.
As a result, TIQ now reports to the Queensland Government via the Department of the Premier and Cabinet, with that department’s Director-General, Dave Stewart, replacing Jim Murphy, Under Treasurer, Queensland Treasury, on the TIQ Board.
In other board changes, Rachel Hunter joined the board in March 2018 following her appointment as Director-General of the Department of State Development, Manufacturing, Infrastructure and Planning, replacing former Director-General Michael Schaumburg.
I thank Jim and Michael for their significant contribution to board deliberations during the year and extend a formal welcome to Dave and Rachel.
I also want to acknowledge the valuable support TIQ and its board received from the Honourable Curtis Pitt MP, who was Treasurer and Minister for Trade and Investment between February and December 2017.
And, finally, I must recognise TIQ’s professional and dedicated staff throughout Queensland and in our 15 international offices, who do such a good job promoting Queensland companies and investment opportunities around the world.
From all my interactions, I can attest personally not only to the excellence of the support we receive from TIQ staff, but also to the high level of interest shown by international buyers in what Queensland has to offer.
I am confident that TIQ moves into 2018–19 better prepared than ever to help Queensland achieve its full potential.
The Honourable Steve Bredhauer
Trade and Investment Queensland Board