Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors

Queen's Wharf Brisbane

New Restaurants, Cafes and bars
1 +
Football Fields of Public Space
Seat Ballroom
Additional tourists per year
1 m

The $3.6 billion Queen’s Wharf development is set to transform Brisbane.

With an anticipated staged opening from August 2024, this 12-hectare precinct will be a game-changer – creating a vibrant new tourism playground within the CBD that will bolster Brisbane’s destinational appeal ahead of the 2032 Olympic and Paralympic Games.

Positioned at the heart of the Queen’s Wharf precinct, The Star Brisbane will deliver four new luxury hotels, a myriad of new restaurants, bars and entertainment experiences, luxury retail, and a state-of-the-art Event Centre to the Brisbane CBD.

Its state-of-the-art Event Centre will be home to Brisbane’s largest hotel ballroom and provide access to four future luxury hotels including The Star’s own 5-star hotel offering The Star Grand, a contemporary 4.5-star Dorsett hotel, Australia’s only ultra-luxury Rosewood hotel and the grandeur of one of city’s most iconic heritage hotels.

Perched between the resort’s four towers, 37 metres above street level, a 12,000sqm open-air Leisure Deck will deliver an impressive mixed-use space for hotel guests and the public to enjoy. The Leisure Deck will feature an Event Deck, expansive lawn area for sunset picnics and exclusive resort amenities overlooking the city skyline.

It will be the gateway to The Star’s 250-metre-long Sky Deck – a landmark destination which is set become one of Brisbane’s top drawcards. Soaring 100 metres above the Brisbane River, the rooftop space features spectacular restaurants and bars and will be a place where locals and visitors meet, celebrate, or simply soak in the breathtaking views, complementing a huge variety of dining and entertainment options.

The world-class Queen’s Wharf precinct stretches across more than 12 hectares of CBD land, blending thoughtfully restored heritage buildings with stunning contemporary architecture and beautifully landscaped riverside destinations. It is expected to attract an estimated 1.4 million additional visitors each year and provides an exciting glimpse into the calibre of futuristic attractions that are transforming the Olympic City’s skyline.

When complete, Queen’s Wharf will deliver an estimated 1,000 premium hotel rooms, more than 50 new food and beverage experiences, world-class entertainment, luxury retail, stunning public artworks, the restoration of nine heritage buildings, 1,500 residential apartments and 12 football fields of public space in the heart of Brisbane’s CBD.

The development will also provide a pedestrian link between two of Brisbane’s largest cultural and lifestyle precincts, connecting South Bank to Queen’s Wharf and The Star Brisbane via the Neville Bonner Bridge.

Queen’s Wharf Brisbane is being delivered by Destination Brisbane Consortium – a joint venture between lead partner, The Star Entertainment Group, and its Hong-Kong based partners, Chow Tai Fook Enterprises and Far East Consortium.


The Star Entertainment Group announced on 5 April 2016 share sale facilities that provided eligible small shareholders the opportunity to sell their shares without incurring any brokerage or handling costs.

Participation in the separate share sale facilities were open to eligible shareholders whose registered address was in Australia or New Zealand as at 7.00pm (Sydney time) on 29 March 2016 (Record Date) and who were:

  1. registered holders of less than a marketable parcel of shares (i.e. less than $500 worth of shares on the Record Date) (Small Holding Sale Facility); or
  2. registered holders of 5,000 or less shares (but held at least $500 worth of shares) on the Record Date (Voluntary Share Sale Facility).

On 5 April 2016, eligible shareholders were sent a letter together with a Share Retention Form (for the Small Holding Sale Facility) or a Sale Instruction Form (for the Voluntary Share Sale Facility), and Terms and Conditions for the relevant share sale facility.

Both share sale facilities closed at 5:00pm (Sydney time) on 17 May 2016 (Closing Date).

All participants who had their SGR shares sold under either the Small Holding Sale Facility or the Voluntary Share Sale Facility received the same average price of $5.51 per share, which was calculated by dividing the total proceeds from the sale of all SGR shares sold under the facilities by the total number of SGR shares sold under the facilities.

Payment of the sale proceeds were made to participating shareholders on 27 May 2016 in accordance with their payment instructions as recorded on the share register.

Small Holding Sale Facility

The Small Holding Sale Facility was conducted in accordance with The Star Entertainment Group’s Constitution and the Australian Securities Exchange Listing Rules that enables all listed companies to sell shareholdings valued at less than $500 (Unmarketable Parcel).

Based on a share price of $5.68, being the closing price of The Star Entertainment Group (SGR) shares on the Australian Securities Exchange on the Record Date, an Unmarketable Parcel was any holding of 88 shares or less.

Eligible shareholders who wished to retain their Unmarketable Parcel were required to return a Share Retention Form to the share registry by the Closing Date.

Small Holding Facility Key Dates:

  • 29 March 2016 (7pm) – Record Date
  • 5 April 2016 – Facility Opened
  • 17 May 2016 (5pm) – Facility Closed
  • 27 May 2016 – Payment of sale proceeds and mailing of payment advices

Voluntary Share Sale Facility

The Voluntary Share Sale Facility was conducted in accordance with Class Order CO 08/10 issued by the Australian Securities and Investment Commission.

Eligible shareholders who wished to sell their shares under the Voluntary Share Sale Facility were required to return a Sale Instruction Form by the Closing Date.

Voluntary Holding Facility Key Dates:

  • 29 March 2016 (7pm) – Record Date
  • 5 April 2016 – Facility Opened
  • 17 May 2016 (5pm) – Facility Closed
  • 27 May 2016 – Payment of sale proceeds and mailing of payment advices

For full details of the Small Holding Sale Facility and the Voluntary Share Sale Facility, please see the ASX Announcement dated 5 April 2016 in the News section of our website.


The demerger of The Star Entertainment Group (formerly known as Echo Entertainment Group Limited) from Tabcorp Holdings Limited (Tabcorp) was implemented on 15 June 2011 by way of Scheme of Arrangement pursuant to the Tabcorp Scheme Booklet dated 15 April 2011 (Demerger).

As part of the Demerger, Tabcorp sought a ruling from the Australian Taxation Office on the taxation implications for shareholders. On 29 June 2011, the Australian Taxation Office issued Class Ruling CR 2011/66, in accordance with the application made by Tabcorp. A copy of the Class Ruling CR 2011/66 can be viewed here.

A Tax Calculator is provided below to assist shareholders in calculating the Australian capital gains tax cost base allocation for Tabcorp shares and The Star Entertainment Group shares. The Tax Calculator is a general guide only and does not constitute tax advice. Shareholders should seek advice from an appropriate professional adviser on the tax implications of the Demerger based on their own individual circumstances.

Click here to download the Tax Calculator
Click here to access information on the Australian Taxation Office website