The big four Westpac banks have announced the opening of a new technology engineering center on the Gold Coast which it says will create up to 200 jobs over the next few years.
The bank said in a statement that this would mean it could expand its technology, engineering and training capabilities, all of which were needed in its broader digitization process.
“The Gold Coast is a globally connected city with one of Australia’s fastest growing economies, which also offers great lifestyle benefits for people looking for a radical change. “said Chris de Bruin, managing director of Westpac Consumer & Business Banking.
“The creation of the new technology hub in Surfers Paradise will allow us to expand our technology program and attract world-class talent, while creating employment, training and development opportunities in Queensland.
“The hub will focus on bringing together software engineers, technologists and data scientists who can work in partnership with our digital teams to make banking simpler and faster for our customers and bankers through new technologies.
“It also gives residents the opportunity to join a large-scale organization and pursue a career in banking.”
Queensland Treasurer and Minister for Trade and Investment, Cameron Dick, said: “The days when Queensland and its regions were seen as a second or third choice as a location to set up a new major investment or business operation is over.
“With businesses of the caliber of Westpac increasingly establishing new, high value operations here, it is clear to many that Queensland is a prime location to invest.
“A strong health response to COVID-19 and an economic recovery plan has accelerated our state’s recovery from the pandemic, which now puts us in the ‘box seat’ to drive investment projects and jobs in Queensland. .
“An enviable lifestyle, competitive property costs and an increasingly skilled and educated workforce are compelling reasons to move operations to Queensland and its regions, especially in a highly competitive labor market.
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