Australia offers numerous advantages for foreign investors. These include:
Consistent economic growth
Australia has entered its 27th year of uninterrupted annual growth since 1990–91, an achievement unequalled by any other developed economy (Australian Bureau of Statistics, 2016–17).
Highly skilled workforce
Australia has the seventh highest proportion of 25–64 year olds with tertiary qualifications in 2016 (OECD Education at a Glance 2017).
Australia’s location gives us an edge in two ways — through strong geographic, trade and cultural links with the fast-growing Indo-Pacific region — and by providing a bridge with 24-hour connectivity between the world’s major time zones in Europe, Asia and the Americas.
As a stable parliamentary democracy, the quality of governance in Australia is among the best in the world, with Australia ranking 12th in 2016 in the World Bank’s Worldwide Governance Indicators (2017).
Australia’s strategically located ports, well-planned rail and road transport networks and efficient logistics chains have been designed with the needs of business in mind.
For more information on investing in Australia, please contact Austrade.