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Foreign-owned businesses make a significant contribution to the Australian economy.
Funded jointly by DFAT and Austrade, the Australian Bureau of Statistics (ABS) has released a new study on the economic impact of foreign-owned businesses in Australia. The new study provides key economic facts on the contribution to the Australian economy of foreign-owned businesses such as: number of businesses, value of assets, profit and sales, as well as the level of employment. Information is cross-classified by country of ownership and industry.
This article examines the new ABS study in detail looking at the contribution of both foreign and Australian-owned businesses. The article also provides a ‘pictorial’ picture using a wide range of charts to illustrate the key trends.
Article - Foreign owned businesses in Australia [PDF]
Comparison fact sheet (2000-01 vs 2014-15) [PDF]