Investor Updates
Data Alert: Australia remains a magnet for foreign investment
14 November 2012
Australia continues to be a top global destination for foreign direct investment (FDI), with total inflows growing by 16.4 per cent in the first half (H1) of 2012 compared with the same period of 2011. In contrast, global FDI inflows fell by 8.4 per cent over the same period last year. Developed economies have experienced a 9.5 per cent fall in FDI inflows – double the decline rate of 4.8 per cent for developing economies.
Australia’s impressive growth is reflected by our competitive position in the global economy. This is due to the country’s robust economy, strategic location, strong global trade and investment ties and proven track record of innovation, which continues to position Australia as an ideal investment destination.
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