Perth is the capital and largest city in Western Australia. It is the fourth most populated city in Australia with a population of over 2 million inhabitants with the whole state of Western Australia accounting for 2.6 million. By 2026, the population is expected to reach 3.3 million. Due to its dynamics and growing economy, Perth is set to become one of the world's fastest growing developing economic zone. As a matter of fact, Perth is ranking among the top 10 most liveable cities in the world. Perth is one of the best place where people as well as industries and ideas meet to create a fast-paced and dynamic business environment that drives the continious development of Western Australia's economy.
The main key sectors include:
- Creative Industries
- Education and Vocational Education Training
- Health and Medical Research
- International Engagement
- Resources and Energy
- Place Development
- Food and Agriculture Business
- Innovation and knowledge intensive industries
Within the Resources and Energy industry, Perth has developed a significant Fly-In /Fly-Out industry. This is the result of a boom from the 1980s, which saw a rise in the production of minerals such as iron ore, gold and copper, as well as petroleum and natural gas which can be found off shore. Today, the Resources and Energy sector play an essential role in the state's growth and prosperity. The WA economy is estimated to grow by 3.25% in 2018-2019 as a consequence of the export of iron ore, gold and lithium as key commodities.