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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.

Tourists think cash is flash, but plastic’s fantastic

12 Aug 2019 Australian Economy

According to the World Payments Report 2018, non-cash transaction volumes grew by 10.1 per cent in 2016.

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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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International tourism: why growth is good but yield is gold

19 Jul 2019 Australian EconomyTourists

For a long time tourism operators have been buoyed by the industry’s impressive economic performance. At face value, results from Tourism Research Australia’s latest International Visitor Survey bring ...

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AANZFTA: Where Australia’s history and geography meet

17 Jul 2019 Divya Skene

This year marks the 10th birthday of the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).

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The key attributes that make Australia a global investment hot spot

5 Jun 2019 Australian EconomyInternational Investment

I recently reported on Australia’s excellent record for attracting investment from overseas. But what keeps the money coming?

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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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