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Thursday, 26 April 2018
Queensland

Queensland is located in the northeast corner of the Australian continent and comprises approximately 22.5 per cent of the Australian land mass. Queensland covers an area which is more than seven times the size of the United Kingdom and 2.5 times the size of Texas, USA.

4.6 million people - roughly 20 per cent of Australia’s estimated population of 22.9 million - reside in Queensland. Of these, two-thirds of Queensland’s residents are located in the southeast corner of the State and enjoy a subtropical climate whilst northern cities, such as Cairns and Townsville, enjoy a tropical climate. The people of Queensland enjoy an outdoor lifestyle with world class beaches and waterways, national parks, rainforests and tropical reefs. The pleasant climate (average summer temperatures of 25 degrees Celsius, average winter temperatures of 15 degrees Celsius) means that Queenslanders enjoy more winter sunshine and warmth than most other Australian states.

Queensland is a leading state economy and has driven Australia’s economic growth for more than 20 years through its mining, agricultural and tourism industries, and more recently our knowledge-based economy.

"Queensland has proven itself to be highly resilient in the face of the global economic crisis, continuing to grow at a pace outstripping other Australian states. Queensland contributed around 20 per cent of the Australian economy with international exports of over AU$52.1 billion in 2009-2010".
Queensland also has Australia’s most advanced and competitive life sciences industry sector and quite possibly the healthiest life sciences industry in the Asia-Pacific region. The State Government has recognised that the life sciences industry is central to building a strong and diverse economy for Queensland.

Since 1998, the State government has "invested more than AU$5.1 billion" in "science and technology, research and development (R&D), innovation and commercialisation" strategies to drive Queensland’s economy.

Queensland also has a reputation of being strongly supportive of the national legislative and regulatory environments, which help create a positive biotechnology business environment in Australia. The State has gone further than any other Australian state or territory by establishing a Code of Ethical Practice for Biotechnology in Queensland and the Biodiscovery Act 2004 (Qld), to ensure sustainable, streamlined access to Queensland’s megabiodiversity.

These regulatory initiatives, along with the Gene Technology Act 2001 (Qld) and the Research Involving Human Embryos and Prohibition of Human Cloning Act 2003 (Qld), are meeting Queensland’s research, industry and community expectations by creating a positive business environment in biotechnology.

Information is taken from the 2013 LSQ Member Directory.