Brisbane International Cruise Terminal update March 2020

Premier Annastacia Palaszczuk has hailed Brisbane’s International Cruise Terminal for delivering jobs and a new economic engine room for the Queensland. The Premier toured the site today as it reaches peak employment numbers. She said it’s the perfect example of how building key infrastructure powers the economy. “This project stands for jobs now and into the future,” the Premier said. “What we’re building here is not only good news for cruising and the Port of Brisbane but for the entire economy.” The Brisbane International Cruise Terminal already supports close to 250 jobs on average during each year of construction. It’s estimated that within 20 years, the $177 million terminal will potentially triple the size of Brisbane’s cruise industry to: support 3,750 jobs bring over 760,000 visitors annually contribute $1.3 billion in net expenditure into the Brisbane economy. The growth in Queensland’s economy continues to outstrip the nation at 2.5% including: 240,500 jobs created since 2015 Queensland’s economy grown by $40.7 billion to $358.6 billion Goods exports grew to $84.9 billion to December, more than NSW, Victoria and Tasmania combined Queensland’s credit rating restored to AA1 and stable Debt lower than the previous government Four budget surpluses