New High Speed Cable a Game Changer for Sunshine Coast Business
Marcus Muir
12/02/19
Attracting a high volume of both interstate and international businesses, the increased speed will provide a range of new opportunities and give major data-intensive companies such as Facebook, Google, Amazon and Microsoft the opportunity to revisit the benefits of where they locate their Australian investments.
Construction has begun, and from 2020, the Sunshine Coast will deliver Australia’s fastest telecommunications connection to Asia and the second fastest to the United States.
The new high-speed telecommunications submarine cable has been labelled as a game changer for South-East Queensland.
Attracting a high volume of both interstate and international businesses, the increased speed will provide a range of new opportunities and give major data-intensive companies such as Facebook, Google, Amazon and Microsoft the opportunity to revisit the benefits of where they locate their Australian investments.
The cable, along with the Maroochydore CBD expansion and the new airport upgrade, will put the Sunshine Coast on the international business map as a leading investment destination for commerce and industry. Sunshine Coast Regional Council have already received more than 80 business leads in the last few months and expect to attract the attention of the world’s biggest data users and those looking for a location with superior telecommunications and data infrastructure.
The project will lead to faster more affordable broadband access and stimulate investment that will create hundreds of new jobs including the migration of high-value jobs in finance, banking and technology to the region.
While the media is reporting more national property gloom, you’re likely missing the boat
For people interested in investing in property it’s encouraging to note that despite what you may read in the main stream media consistently, Australia contains multiple other property markets outside of Sydney and Melbourne, and these markets do not rise and fall on the same tide.
The Sunshine Coast has beaten Brisbane and the Gold Coast to lead Queensland growth prospects, the latest Hotspotting report has found, thanks to a massive $20 billion infrastructure pipeline of projects either completed, in the process or in planning.
Smart private investment always follows extensive public investment
The fundamentals for SEQ remain strong and it has been cyclically ready for some time now. However, regulatory measures to control Sydney and Melbourne, combined with media reporting that has been mostly negative, has created a level of sentiment that has hampered the SEQ market from reaching its full potential.
$440 million Sunshine Plaza redevelopment further maximises value uplift in Maroochydore
Public and private spending into regions increases land values and creates a higher demand, with more residents relocating into a region due to better employment, education, transport or entertainment opportunities.
How to make a great long-term coastal investment choice
I’m often asked what is the key to the success of Mosaic Property Management. The answer is a multitude of things – a culmination of quality service, always going above and beyond, and we’re leasing Mosaic product; because at the end of the day, the quality of the property for rent is also critical to the success.