As of 15 May 2018, Queensland has a population of 5,000,000, concentrated along the coast and particularly in the state's South East. The capital and largest city in the state is Brisbane, Australia's third-largest city. Often referred to as the "Sunshine State", Queensland is home to 10 of Australia's 30 largest cities and is the nation's third-largest economy. Tourism in the state, fuelled largely by its warm tropical climate, is a major industry.
Cape York Peninsula is a large remote peninsula located in Far North Queensland at the tip of the state of Queensland, Australia, the largest unspoilt wilderness in eastern Australia and one of the last remaining wilderness areas on Earth. Although the land is mostly flat and about half of the area is used for grazing cattle, and wildlife is threatened by introduced species and weeds, the relatively undisturbed eucalyptus wooded savannahs, tropical rainforests and other types of habitat are now recognized for their global environmental significance.
It went into administration in January 2009 and was placed in liquidation on 26 March 2009. The company had A$88 million in debts at the time. The collapse came at a time when an estimated 2,000 to 4,000 investors had suffered the effects of the financial crisis, and were facing significant losses. This left any investors who felt that had been misled or misguided with limited financial recourse against the company.