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  Canberra - The Garden City




 Canberra - Business Information

Business Facts

GDP per Capita: $ 29,000
Major Exports: Coal, iron ore, gold, meat, wool, alumina, wheat, machinery and transport equipment.
Major Foreign Exchange Counters: Western Union and American Express.
Key Industries: Mining, industrial and transportation equipment, food processing, chemicals, steel.
Major industrial areas: Mitchell, Fyshwick and Hume.
Major business hubs: Canberra business centers, Canberra exhibition park.

Business Overview
As Australia’s center of government, Canberra offers unique opportunities for business to source contracts from the Federal Government - Australia’s largest procurer of goods and services with a spending power of around $170 billion per annum. Canberra’s economy is characterized by high levels of labor force participation, low levels of unemployment and strong export opportunities in industries such as information technology, defense, biotechnology, education and tourism.

Canberra was the first city in the Southern Hemisphere to introduce a broadband fibre-optic network offering access to households and businesses in the region. The ACT is ranked alongside Singapore, Finland, Sweden and the USA as having one of the most IT connected communities in the world. Canberra also has high levels of technological infrastructure and community and business adoption of technology. Facilities like transport, communications, utilities and the provision of public services - and competitive cost structures make it a investor friendly city.

Major Business Centers
National Convention Center:
National Convention Centre, convention centre located in Civic in Canberra, Australia, which opened in 1989. It holds many events and functions, everything from concerts to school functions. It has gallery rooms named Derwent, Fitzroy, Murray and Swan rooms.In May 2005, the ACT government announced it would spend $30 million to help upgrade the centre.

Canberra Stadium:
One of Canberra's best kept secrets as a conference venue, the Canberra Stadium provides flexible options for conferences and events. With ample space for free parking the Stadium provides an easy access venue with magnificent views of the playing field, illuminated for evening functions.

Canberra Theater Center:
The Canberra Theater Center is made up of two major venues, the Canberra Theater and the Playhouse. The Canberra Theater seats 1244 while the Playhouse holds up to 622. Along with these two venues is the much smaller experimental theater, the Courtyard Studio, which accommodates 90 people. It is renowned as a world class venue with cutting edge technologies. It hosts various big events round the year. A sculpture of Thespis is also located outside the Theatre Centre.

Major Commercial Areas
Fyshwick:
It is an industrial suburb of Canberra, located east of the South Canberra district. The population of Fyshwick on census night 2001 was 97 people. It has many stores that sell goods wholesale, as well as hardware and car shops, and some fast food outlets. It is also known for its adult entertainment industry,

Chinatown Canberra:
Chinatown in Canberra is referred to the place called Woolley Street in Dickson in Canberra. The street has a huge presence of Asian's making it more of an Asian region. The street has a strong feel towards the Chinese culture thus making it famous as the Chinatown of Canberra. Chinatown is the largest group centre in Canberra and a place filled with huge civic facilities and an important business center. The place is an important retail business centre with many business outlets as well. The area is dotted with a large number of Asian restaurants, Asian supermarkets and take away food outlets. The Woolley Street in the region has the maximum counts of the Asian landmarks reinforcing the fact of being called as Chinatown.


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