Queensland's tourism industry could be due a boost.
The Queensland Tourism Investment Forum was recently held in Brisbane, where 100 local and international investors were invited to see how they could do business within the state.
As home to the Sunshine Coast and the Gold Coast, Queensland is known to be a popular destination for tourists.
Premier Campbell Newman, who hosted the event, said: "We have prioritised tourism and we know it takes a whole-of-government approach to achieve further private sector investment in new and revitalised tourism products.
"Investors see Queensland as a safe investment destination with long-term growth prospects."
The area's tourism industry could soon see a rise due to the fall in value of the Australian dollar.
It has been feared that the high value of the country's currency has deterred overseas tourists from visiting.
But with tourism expected to pick up, so too is the country's property market expected to gain in popularity as people in the tourism industry move to the area for jobs.
Posted by Ravin Chatlani