For the tourist industry, it is an access point to the Great Barrier Reef and home to research into the marine environment. It is the base for an important part of Australia’s defence capability. Of course, the University is also a strong centre for higher education. A number of the University’s graduates in economics have become prominent in the world of finance and business.
William Jefferson Clinton, the 42nd president of the United States said that “In the new economy, information, education and motivation are everything.” 1/2  BIS central bankers' speeches  If technology is what will drive this new economy, data is the fuel. Data and analytics will better allow us to innovate and will inform real-time decision-making.