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Key global insights

Icon of fish and fishing hook.

The 2025 Aquaculture Market Report outlines the sector's growth driven by innovation in sustainable practices to meet global seafood demand. Key trends include advancements in aquaculture technology, with significant investment activity reflecting confidence in the industry's potential. The report emphasises the importance of intellectual property and highlights leading startups contributing to sustainable growth. The Gross Value of Production (GVP) of Queensland’s aquaculture industry was $514.9 million during 2023-24.

An agreement between Wisk and Archerfield Airport will support Wisk to develop an advanced air mobility (AAM) ecosystem at Archerfield, focusing on electrification and infrastructure needs. Archerfield Airport’s Executive General Manager Rod Parry highlighted how Archerfield's strategic location and recent upgrades position it as a hub for emissions-free transport by the time of the 2023 Brisbane Olympic Games. Wisk Generation 6 eVTOL is central to this initiative and highlights opportunities for AAM in Queensland.

The Albanese Government has announced a new First Nations Exporter Award to be introduced in 2025 to recognise the contributions of Indigenous businesses to international trade. This initiative aims to encourage more First Nations exporters and highlight their economic, social, and cultural impact. The award is part of the Australian Export Awards  and follows Queensland’s First Nation Exporter Award, the first of its kind established in 2023, enhancing visibility of First Nation’s businesses.

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The Australian Government’s Annual Statement on developing Northern Australia introduces a comprehensive Northern Australia Action Plan focused on driving economic growth and infrastructure development. Key initiatives include substantial investments through the Northern Australia Infrastructure Facility (NAIF), providing finance in sectors including resources, agriculture and water, energy, financing partnerships, social infrastructure, and transport and logistics. NAIF encompasses Queensland north of Gladstone.

AI Insights

The World Trade Organisation (WTO) released its Annual World Trade Report, exploring the transformative potential of AI on global trade, emphasising its ability to reduce trade costs, enhance service delivery and reshape global value chains. It highlights the need for coordinated regulatory approaches to prevent an AI divide between economies and firms. AI’s integration into trade provides Queensland the opportunity to enhance its global competitiveness, innovation and create new opportunities with TIQ support.  

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The Queensland Government will maintain current coal royalties at the same rate (up to 40% on coal priced above A$300 per tonne) for its first term. This aims to provide stability while continuing to generate state revenue. The LNP plans to engage with stakeholders to balance industry interests with fiscal needs. TIQ’s proactive engagement stakeholders and focus on economic diversification will be crucial in navigating these challenges and making Queensland resilient. 

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Asian equities experienced declines, particularly in Hong Kong and China, with significant impacts from disappointing financial results in the semiconductor sector and upcoming EU tariffs on Chinese electric vehicles. Despite some positive earnings reports from banks, overall sentiment remains negative, influenced by structural issues in domestic consumption and investor caution. Given Queensland’s strong trade and investment ties with South Asian markets, diversifying into new markets is essential to ensure sustained growth.

Featured insights

QUSD $300bn annually committed to COP29

  • Nations at COP29 have reached an agreement to triple annual climate finance for developing countries, increasing the commitment from $100bn to $300bn (USD) annually by 2035. 

  • This funding aims to help developing nations adapt to climate change.

  • Australia has pledged an additional $50m annually, bringing its total contribution to $150m per annum. 

  • Participants also endorsed the Paris Agreement Crediting Mechanism for carbon credit transfers, including provisions for managed Indigenous Peoples and local communities’ engagement and agreement. 

  • Increased energy transition funding in developing nations may present opportunities Queensland critical minerals and renewable components. 


Under 16s ban and role of social media giants

  • The Federal Government has passed legislation banning social media for children under the age of 16. 

  • The new laws are some of the world’s toughest targeting big tech giants. 
  • The move, which the Government says will protect children from harm, has highlighted the role of social media giants in the Australian economy.
  • Social media providers will need to wear the costs of age verification in the Australian market–which represents just a fraction of global revenue.
  • Tech giants could respond by restricting services in Australia—as Facebook did in 2021 when they temporarily blocked news access following laws requiring them to pay publishers.
  • Meta currently hosts up to 30% of Australian small business adverts.

What does Trump mean for AUKUS?

  • President-elect Donald J. Trump could renegotiate or withdraw the United States from the AUKUS agreement between Australia, the UK and US.
  • Trump has committed to reassessing the US’s role in existing global agreements, suggesting other nations should shoulder more of the cost.
  • While it is unclear what the President-elect may do, analysts suggest Australia may be required to contribute more to the overall cost of AUKUS. 
  • AUKUS was established in 2021, aiming to enhance security and defence collaborations between nations.
  • Conjecture about the future of AUKUS has centered primarily around Pillar 1 - Australia's acquisition of nuclear submarines.

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