Brisbane has the largest economy of any city between Sydney and Singapore, which includes cities like Jakarta, Darwin, Townsville and Cairns, and has seen consistent economic growth in recent years as a result of the resources boom. White-collar industries include information technology, financial services, higher and public sector administration generally concentrated in and around the central business district and recently established office areas in the inner suburbs. Blue-collar industries, including petroleum refining, stevedoring, paper milling, metalworking and QR railway workshops, tend to be located on the lower reaches of the Brisbane River and in new industrial zones on the urban fringe. Tourism is an important part of the Brisbane economy, both in its own right and as a gateway to other areas of Queensland. The city is also investing in hotels to cater to the growing Meetings, incentives, conferencing, exhibitions sector. Over 7,000 delegates and media are expected to visit Brisbane for the G20 Summit in November 2014.
Since the late 1990s and early 2000s, the Queensland State Government has been developing technology and science industries in Queensland as a whole, and Brisbane in particular, as part of its "Smart State" initiative. The government has invested in several biotechnology and research facilities at several universities in Brisbane. The Institute for Molecular Bioscience at the University of Queensland (UQ) Saint Lucia Campus is a large CSIRO and Queensland state government initiative for research and innovation that is currently being emulated at the Queensland University of Technology (QUT) Campus at Kelvin Grove with the establishment of the Institute of Health and Biomedical Innovation (IHBI).
Brisbane is one of the major business hubs in Australia. Most major Australian companies, as well as numerous international companies, have contact offices in Brisbane, while numerous electronics businesses have distribution hubs in
