Australia – It’s not just a great place to come for A Holiday… It’s also a FANTASTIC place to do business…
Australia has an open and globally integrated economy, making it a trusted partner for trade and investment.
Nine of the top 10 Fortune Global 500 and eight of the top 10 Forbes Global 2000 companies have operations in Australia.
International companies can tap into Australia’s deep business and cultural ties with Asia to expand into or enter global value chains across the region. Australia’s free trade agreements facilitate the smooth flow of goods, services and investments with major economies across the globe.
Australia has an open trading economy where:
- 10 of the country’s top 12 export markets are within Asia and Oceania
- two-way trade in goods and services totalled A$763 billion in 2017
- foreign investment stock totalled around A$3.6 trillion
- inward foreign direct investment stock reached A$849 billion in 2017.
Charts from the Benchmark Report
The Australia Benchmark Report provides rich data demontstrating why there is no better place than Australia to do business. The report examines five key investing in Australia – Robust Economy, Dynamic Industries, Innovation and Skills, Global Ties and Strong Foundations – and compares Australia’s credentials with other countries.
Charts can be downloaded and saved as images for use in reports and presentations. (when using please reference www.austrade.gov.au)
DID YOU KNOW?
The Great Barrier Reef is regarded as the world’s largest living organism, and is often listed as one the Seven Wonders of the World.