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Purpose 3: Win productive foreign direct investment
This section includes narrative discussion, a case study and trend data that demonstrate Austrade’s performance against Purpose 3 as set out in its 2017–18 corporate plan. It also demonstrates Austrade’s performance against its outcomes and programs as set out in the Portfolio Budget Statements 2017–18, specifically Outcome 1, Program 1.1, reported from page 94, and Program 1.2, reported from page 102. For a summary of results against Austrade’s performance criteria, see Austrade’s annual performance statement on pages 25–27.
Contribute to Australia's economic prosperity by promoting Australia's export and other international economic interests through the provision of information, advice and services to business, associations, institutions and government.
- Program 1.1: Promotion of Australia's export and other international economic interests
- Program 1.2: Programs to promote Australia's export and other international economic interests
Purpose 3 achievements
Austrade has partially met, met or exceeded its forecasts for Purpose 3, with examples highlighted below.
Austrade contributed to 113 investment outcomes, with recorded investment value of almost $4.8 billion, matching the figure achieved in 2016–17.
27,588 jobs created or retained as a result of investment outcomes facilitated.
Austrade received 490 information requests, project requests, visitation requests and stakeholder introductions from potential investors. Demand for Austrade’s services has been sustained over four years.