Brisbane to market itself as FIFO centre

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Brisbane will be advertising itself as the centre of Queensland’s booming fly-in-fly-out industry in an effort to use the mining sector to create new jobs.

According to the Brisbane Times Brisbane Mayor Graham Quirk said for every mining job created in Queensland 19 other jobs were created in Brisbane.

Quirk said resources companies contributed $25 billion to the Brisbane economy each year, with the sector a key driver in the city’s next 20-year plan.

He said the growing trend of mining companies placing their headquarters in Brisbane was creating a range of new financial, legal, consulting, and research jobs in the city.

Quirk said these downstream jobs were professional services with a "long-term high value" for Brisbane.

Late last year Peabody Energy announced two of its global executives would be relocated to Brisbane to be closer to Queensland’s mining industry.

The company said the move reflected the "large and growing" contributions Australia was making to its global business.

Santos, BHP Billiton, Rio Tinto, Peabody Energy, Xstrata, Vale, and Bechtel also have headquarters in Brisbane.

According to the Brisbane Times the new 20-year economic development plan for Brisbane predicts the city will grow faster than Hong Kong and Singapore.

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