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For prospective investors, Australia presents itself as a modern, fast-growing economy with a stable government and a strong trade sector. What many do not know, however, is that the foreign investment policy in Australia has a raft of tax incentives, hoping to attract the astute investors. Foreign investment in Australia is spurred by a diverse economy; its sectors range widely from a large...
Fun is big business. Various forms of entertainment are prolific in every country the world over, and there's great opportunity in this industry. Entertainment attracts a lot of investment and consumers invite new and innovative entertainment options to their cities, raising the likelihood for success for new products and services in this area. We explore the Australian entertainment market,...
Real estate and property investment is one of the most lucrative industries to get involved in. Tacking on to your non-liquid assets and generating a passive secondary income are just a couple of the numerous benefits that investors gain from real estate and property purchases. Moreover, international property investment can bring about even more advantages and benefits for investors willing to...
Australia has a reputation for being one of the strongest economies in the world. With a GDP of AU$1.69 trillion in 2017 and the fifth freest economy in the world, Australia is proven to be a consistent and reliable country to do business in. Through extensive trade agreements, access to natural resources, and emerging, innovative industries, the country is attracting thousands of foreign...
Australia offers a range of attractive industries and markets for foreign businesses and investors. Whether in FinTech, mining, agriculture, or renewable energy, there are certainly lucrative opportunities for markets of all types. If you’ve already established yourself in one of these markets, or you’re looking into expanding into the Australian market, one thing to be aware of is the setup of...
Hiring staff is an important step in the growth of a business. It means your company can expand to create new business functions, offer new products and services and expand to a city or country. However, the cost of hiring an employee is not just limited to their salary. Hiring a staff member includes the costs of the recruitment process and training as well. If your company is based overseas...
Australia houses a powerful, mixed-market economy that boasts a GDP of nearly AU$1.7 trillion (US$1.2 trillion). The Oceanic country holds an unprecedented record of uninterrupted GDP growth in the developed world, having avoided a technical recession for 26 years. While Australia’s export and investment agenda has been heavily focused on its wealthy Asian partners, Australian businesses are...
Expanding your business from Latin America to Australia has become very attractive. Australia is one of the most prosperous nations on the planet. It has a GDP of US$1.3 trillion and a GDP per capita of around US$55,926. Moreover, the country is one of the world’s most connected nations. It has free trade agreements with the Americas, Asia, the Gulf, and Europe. Trade between Australia and Latin...
In 2017, Australia’s inward foreign direct investment stock hit $849 billion, thanks to the country’s resilience, strategic location, global trade ties, and sound political landscape. Australia stands head and shoulders above some of its neighbors in terms of GDP, demand for products and services, and growth. Indeed, GDP is expected to grow 2.8% per year between 2019 and 2023, the highest...
When expanding into a new market such as Australia, there are lots of things that you need to take into consideration. You need to market your business and find the right employees to power your growth. Also, you must choose the right company structure so that you can operate freely and without government restriction. All necessary steps when incorporating in a new market must be accompanied by...