Australia’s demonstrated economic resilience, adaptability and record of steady growth provide a safe, low-risk environment in which to do business.
Now in its 26th year of consecutive annual economic growth, the Australian economy is underpinned by strong institutions, an exceptional services sector and an ability to respond to global changes.
Australia’s economy is:
- the world’s 13th largest
- rated AAA by all three global rating agencies
- forecast to realise average annual real GDP growth of 2.9 per cent over the next five years – the highest among major advanced economies
- characterised by high productivity levels, with 15 out of 20 industries rating above the global average.