Canberra - The Garden City
 
   
Canberra - Business Information |
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 Australias center of government, Canberra offers unique
opportunities for business to source contracts from the Federal Government -
Australias largest procurer of goods and services with a spending
power of around $170 billion per annum. Canberras 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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