Former Queensland premier Peter Beattie is urging Australians to see the upsides of a Donald Trump presidency.
Mr Beattie is currently serving as the chairman of the 2018 Gold Coast Commonwealth Games, but in the past has had many official dealings with the United States including as Queensland's Trade Commissioner to the Americas based in Los Angeles.
He told reporters on the Gold Coast on Thursday that Mr Trump's economic policies could provide significant opportunities for Australian investment.
"What happened in the stock market last night was a lot of the investors moved their money into domestic manufacturing in the United States," Mr Beattie said.
"And that could be an opportunity for us as a supply chain. We've got a fantastic mining services industry here, can we link into those supply chains?"
Mr Beattie also pointed out that Mr Trump potentially limiting trade with China could open opportunities as well.
"We've got both ends of this. If Australia is really smart, we get our economic message right and encourage the right companies, Australia can actually do well out of this," he said.
"There's always a silver lining to a dark cloud as long as you're able to see through the cloud to the silver lining."
AAP