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The Economics at Austrade team are responsible for analysing the major trends and events in the Australian and international economies that help shape Austrade’s operating environment.

Australia’s long-distance growth record outpaces OECD partners

5 Sep 2019 OECD Edmund Tang

Australia's economy grew by 0.5% in the fourth quarter (Q4), lifting Australia's annual economic growth rate to 1.9% in FY2018/19 according to the latest National Accounts figures released by the Aust ...

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China takes top spot in Australia’s tourist rankings

28 Aug 2019 Australian EconomyTourists Edmund Tang

Tourism is now Australia’s largest services export. According to data released by Tourism Research Australia in May 2019, tourism contributed A$37.4 billion to the Australian economy in 2017–18.

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Global growth to slow in 2019 and 2020

29 Jul 2019 Australian Economy Edmund Tang

The International Monetary Fund (IMF) has trimmed its projected rates for world growth to 3.2% in 2019 and 3.5% in 2020.

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Australia shines as Asia-Pacific’s low-risk economy

24 Jul 2019 Australian Economy Edmund Tang

The Australian economy faces fewer risks than almost all other major advanced economies, according to Oxford Economics.

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How Australia’s openness to trade and investment is driving our prosperity: Part II

28 May 2019 International Trade Edmund Tang

Part II of this blog I look at where Australia’s foreign direct investment (FDI) comes from, and the impact it has on some of our most valuable export industries.

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How Australia’s openness to trade and investment is driving our prosperity: Part I

27 May 2019 International Trade Edmund Tang

With an enviable AAA sovereign risk profile, low political risk, and a strategic position that links East and West, Australia is a thriving hub for international commerce.

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Global investors stay keen as Australia’s FDI stock reaches A$970 billion

14 May 2019 FDI Edmund Tang

Overseas investment in Australia grew by 9.5% in 2018 according to the latest report from the Australian Bureau of Statistics. Australia’s stock of foreign direct investment (FDI) is now worth A$968 b ...

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Global benchmarking shows innovation & skills power Australian prosperity

2 May 2019 Australian Economy Edmund Tang

Australians’ prowess in two key areas – innovation and skills – continue to underpin the country’s strong investment track record, according the latest edition of the Why Australia Benchmark Report 20 ...

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Australia’s dynamic industries drives trade and investment

16 Apr 2019 Australian Economy Edmund Tang

Australia’s robust economy is testament to the country’s dynamic industries, which are supplying high-quality, in-demand products and services to the world.

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Robust economy underpins Australia's growth

11 Apr 2019 Australian Economy Edmund Tang

Austrade’s Benchmark Report 2019 puts forth five major reasons why Australia is a safe, low-risk destination to invest and do business. Let’s examine the first reason: its robust economy.

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