Prime Minister Julia Gillard has announced Brisbane as the host city for the G20 Leaders Summit in 2014, the premier forum for global economic co-operation and decision making.

 

“It is a real honour for Australia to host the G20, and provides a vital platform to build on Australia’s role in global economic decision-making,” Ms Gillard said.

 

“Our international standing goes from strength to strength, having fought off the global recession, achieved strong growth, low unemployment, a return to a budget surplus and key economic reforms.

 

“With Queensland a driving force behind the nation’s economy there could be no better place to welcome the world’s leaders than Brisbane.

 

The Summit will be attended by 20 leaders, five non-G20 leaders, seven heads of major international organisations, and up to 4,000 delegates and almost 3,000 media on November 15 and 16, 2014.

 

Deputy Prime Minister and Treasurer Wayne Swan said Brisbane had played a key role in Australia’s economic success in the face of huge setbacks presented by last year’s floods, and would be an outstanding host city the Summit.

 

“The benefits to Brisbane of hosting this Forum will extend across the hospitality, transport and tourism sectors, as well as many other service providers, delivering a major boost to countless Brisbane businesses over the five days of the Summit.