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T
Australian
APSHO
Capital Territory
& Canberra
Canberra is the capital city of Australia and the
urban centre of the Australian Capital Territory.
The Australian Capital Territory is the smallest
state or territory in Australia, with a population
of approximately 347,800 occupying an area of
INVESTMENT SN
814.2 square kilometres. According to the
Australian Bureau of Statistics, the population of
the ACT is projected to rise by 24 per cent by 2051,
an increase of 77,500 people.
Located 280 kilometres south-west of Sydney and
660 kilometres north-east of Melbourne, the site was
originally selected as a compromise, or theoretical ‘half-
way’ between the nation’s two largest cities. An entirely
planned city, it incorporates significant areas of garden,
earning it the nickname ‘the bush capital.’ As an inland
Investment Potential
city set within rolling hills and open spaces, it has a The ACT is considered an excellent place to do business.
backdrop of the Australian bush and is interspersed Canberra, the seat of the Federal Government has a
with lakes and rivers. Major industries in the ACT include highly skilled and adaptable workforce, concentrated
public administration, education, information and intellectual capital, an internationally competitive business
communications technology, biotechnology, defence environment and outstanding educational and research
and security. and development capabilities. Canberra’s central
location, first class infrastructure and leading position in
Lifestyle
fields such as information technology and environmental
The direct result of an extremely low unemployment management make it an ideal location for investment.
rate, Canberra has the highest average disposable With around 70,000 residents born overseas representing
income of any Australian capital city. As the national more than 170 different nationalities, Canberra is truly a
capital, Canberra is home to 90 diplomatic missions, diverse and cosmopolitan city.
as well as many social and cultural institutions of
IMAGES (Clockwise
national significance. Parliament House, the High Court
from top): Parliament
of Australia, The National Gallery of Australia and The
House; the Australian
Australian War Museum can all be found here. Canberra
War Memorial; Thredbo
Ski Fields, Snowy
is a convenient place to live. It is located less than three Mountains; The Captain
hours drive from Sydney, two hours drive from the
Cook Memorial Water
Jet on Lake Burley
beaches of the Pacific coast and two hours from the
Griffin; and Australian
popular Snowy Mountains ski fields.
Soldiers on parade in
Canberra.
australian capital territory
46 INVEST IN AUSTRALIA – INDIA
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