Investing in Australia, A Wealth of Opportunity in Service Industry
2007-09-09
 

Content Abstract:

 

1. Brief Introduction on Australian Investment Environment

 

Key Facts

 

Strong Economic Credentials

 

Growth Opportunity

 

Business Friendly Environment

 

Highly Skilled and Multilingual Workforce

 

Strategic Location

 

Cost Competitive, etc.

 

2. Australian Service industry

 

The services industry forms the backbone of the Australian economy, accounting for about 77 per cent of GDP and employing 70 per cent of the nation¡¯s workforce.  Australian financial services sector is one of the most dynamic in the economy, with an annual growth rate of 4.9 per cent since 1985

 

Australia¡¯s financial markets are large and sophisticated. Annual turnover across Australian financial markets increased rapidly in 2005-06, up by 21.6 per cent to exceed A$100 trillion

 

The Australian foreign exchange market, measured by daily average turnover, is the seventh largest centre in the world. The country¡¯s stock market is the eighth largest in the world

 

3. Briefing on Invest Australia

 

Australian Government Agency

 

Mission: To attract productive foreign direct investment into Australia to support sustainable industry growth and development
Over the last five fiscal years Invest Australia played a role in attracting 387 projects worth more than A$55 billion, involving 27,900 jobs

 
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