Perth is home to more than 6,000 business establishments comprising of diverse activities in the field of finance, insurance, professional, scientific and technical services, hospitality, mining and retail sectors. Perth business has access to a highly skilled workforce. It is also one of the fastest growing residential populations in Australia with a strong network of business support services and industry organisations.
Perth’s geographical position gives it a key advantage in global business compared to eastern capital cities. It is also situated in same time zones of 60% of the world’s population and key international markets such as Singapore, Shanghai, Hong Kong, Kuala Lumpur and Taipei. It offers a significant distinct advantage over other capital cities for business having interests in South-East-Asian markets. With an increase in trade with Asia, Perth is getting positioned as a significant global city. Currently more than 300 international companies with offices in Perth which service the oil and natural gas sector including BHP Billiton, Rio Tinto, Schlumberger and Apache Energy.
Perth is ranked eighth on world’s best cities list. It has been rated on city’s economy, environment, personal safety, health care, public services, housing, recreation, consumption and education. It is a proud multicultural and global city with one-third of the residents born overseas. It is renowned for its appealing outdoor lifestyle and its great Mediterranean climate averaging more than eight hours of sunlight per day. Perth’s lifestyle benefits include the competitive cost of living making it more affordable than many other Asia-Pacific locations including Tokyo, Hong Kong, Shanghai, Singapore, Sydney and Melbourne.
Perth is expected to have 3.5 million people by 2050 and it needs 800,000 million more dwellings by 2050.
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