Superyacht trial to commence at Brisbane's Kangaroo Point

Superyacht trial to commence at Brisbane's Kangaroo Point

Kangaroo Point on the Brisbane River could soon be a hub for the world's most luxurious superyachts if a government-backed trial is successful.

The Queensland State Government has announced a 12-month trial to bring superyachts to Brisbane, which will see a dedicated mooring buoy built below the Kangaroo Point Cliffs.

The trial, expected to commence mid-2020, will test whether a permanent superyacht mooring buoy is feasible.

The mooring buoy at Kangaroo Point is part of a state-wide strategy to attract superyachts to Queensland.

The Government expects superyachts to add more than $1.1 billion to gross state product and support nearly 8,000 jobs by 2021.

"We want to maximise the jobs and businesses that superyachts bring with them," says Minister for State Development Cameron Dick.

"We want to attract more superyachts to Queensland and Brisbane, and we want them to stay longer and spend more while they are here."

Maritime Safety Queensland will manage the mooring, including bookings, fees, maintenance, compliance and administration during the trial.

The trial comes hopping hot on the heels of the Queensland Government committing $2 million to build a superyacht berth at The Spit on the Gold Coast.

The funding is a part of the Government's $60 million investment in The Spit master plan, which is expected to boost tourism opportunities and improve the area at the northern end of the Gold Coast.

Construction of The Spit superyacht berth, once all approvals are met, could be completed by October 2020.

Never miss a news update, subscribe here. Follow us on Facebook, LinkedIn, Instagram and Twitter.

Business News Australia

Help us deliver quality journalism to you.
As a free and independent news site providing daily updates
during a period of unprecedented challenges for businesses everywhere
we call on your support

Advertisement

Related Stories

Aussie startup GreaseBoss accepted into prestigious Y Combinator program

Aussie startup GreaseBoss accepted into prestigious Y Combinator program

The founders of Australian lubrication management system startup ...

Investors like what they see under Healthia's skin, boosting its value to $185m

Investors like what they see under Healthia's skin, boosting its value to $185m

Allied health company Healthia Limited (ASX: HLA) has almost doub...

Brisbane flood victims to receive $440m in partial settlement with dam operators

Brisbane flood victims to receive $440m in partial settlement with dam operators

More than a decade after the Brisbane floods and 15 months on fro...

Signs of recovery put wind beneath Flight Centre's wings

Signs of recovery put wind beneath Flight Centre's wings

Tentative signs of recovery in the travel market have injected re...