WA boasts commercial opportunities and low unemployment
Resource prospects and mining contracts add to the attraction of Australia's largest state, ...
Resource prospects and mining contracts add to the attraction of Australia's largest state, Western Australia.
For entrepreneurs considering commercial property investment, WA might be just the place to get started.
Billions of dollars have been committed to lucrative construction projects in the area and foreign investors have been expressing interest in resource opportunities.
The state was recently ranked in the top 11 jurisdictions to engage in mining investment by a study conducted through the Canadian-based Fraser Institute.
The Survey of Mining Companies polled over 800 executives and judged 93 places for potential business, placing WA at number 11.
Additionally, recent figures indicate that the unemployment rate is the lowest in the country at 4.1 per cent - significantly lower than the nation's measure of 5.2 per cent.
Commerce minister Simon O’Brien declared, "If you are looking for a job, WA is the best place to be."
It could be beneficial to research commercial real estate in the region as prospects for business and employment in the region continue to hold promise.