Why Australia: Benchmark Report 2017
26th year of consecutive growth. Globally competitive industries. A smart, skilled workforce. Integrated with Asia, Europe and North America. Australia’s resilient economy is built on stable institutions, sound regulatory policies, plentiful natural resources and a sophisticated services sector.
Australia’s resources sector continues to power Asia’s industrialisation and urbanisation, and its services sector is now providing wealth management, healthcare, education, tourism and professional services to Asia’s growing middle classes.
Australia’s expertise in research and development, commitment to innovation, and focus on creating and commercialising technologies offer the ideal environment for cultivating and testing new ideas.
For trade and investment, there is no better partner than Australia.
The Minister for Trade, Tourism and Investment, Steven Ciobo MP, launched Australia’s 2017 Benchmark Report on 25 January 2017. Produced by the Australian Trade and Investment Commission (Austrade), the annual Benchmark Report presents key economic, financial and demographic data that highlights Australia’s strengths as a major player in global trade and investment. The 2017 Australia Benchmark Report provides rich data demonstrating why there is no better place than Australia to do business. The report examines six key reasons for investing in Australia – Growth, Industries, Talent, Location, Business and Innovation – and compares Australia’s credentials with other countries.
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