The new Global Cities Index has ranked Brisbane third in Australia for economics, human capital, and quality of life. Melbourne was ranked 9th, Sydney 16th, Perth 23rd, and Brisbane 27th out of 1000 cities worldwide. The analysts highlighted Brisbane’s strong economy, driven in part by the mining industry, and noted the growth of sectors such as education, tourism, and technology. The city’s appeal as a migration destination was also recognized, with a large foreign-born population contributing to its economic growth and population growth. Brisbane’s well-educated and young workforce was identified as a strength, contributing to its ranking as one of Australia’s top cities in various categories.
Brisbane was rated third in Australia for economics, human capital, and quality of life, and fourth for the environment. Melbourne was the top city for economics, Sydney for human capital, Canberra for quality of life, and Melbourne for the environment. In terms of quality of life, Brisbane was marked down for internet speeds and the cost of housing. All Australian cities were found to be suffering from “long-term underinvestment and mismanagement” in terms of internet infrastructure, impacting their overall quality of life rankings. Despite these challenges, Brisbane’s overall ranking in the index reflects its strong performance in key areas such as economics, human capital, and quality of life.
The analysts highlighted Brisbane’s economic dynamism and its attractiveness for immigration, which has contributed to its population growth and talent attraction. The city’s young and well-educated workforce was noted as a key strength, positioning it competitively among Australia’s major cities. The growth of sectors such as education, tourism, and technology has further bolstered Brisbane’s economic prospects, making it an appealing destination for both domestic and international migrants. Despite challenges such as internet speeds and housing costs, Brisbane’s overall ranking in the Global Cities Index underscores its strong performance across various categories.
Brisbane’s ranking in the Global Cities Index reflects its status as a thriving economic hub, with a strong economy driven by sectors such as mining, education, tourism, and technology. The city’s appeal as a migration destination has contributed to its population growth and talent attraction, with a large foreign-born population adding to its diversity and economic growth. Brisbane’s well-educated and young workforce has helped boost its rankings in key areas such as economics, human capital, and quality of life. Despite challenges such as internet speeds and housing costs, Brisbane’s overall performance in the index highlights its potential as a competitive and attractive city on the global stage.
Overall, the new Global Cities Index ranks Brisbane third in Australia for economics, human capital, and quality of life, reflecting its strong performance across various categories. Melbourne, Sydney, Perth, and Canberra also received high rankings in the index, showcasing Australia’s overall competitiveness in the global cities landscape. Brisbane’s economic dynamism, young and well-educated workforce, and growing sectors such as education and technology have positioned it as a desirable destination for both domestic and international migrants. While challenges such as internet speeds and housing costs remain, Brisbane’s overall ranking in the index underscores its potential as a thriving city with strong economic prospects and high quality of life standards.
