Commonwealth of Australia
Capital: Canberra HDI: 0.933 (2nd)
Language: English GDP (PPP): $1.1 trillion
Currency: Australian Dollar
Population: ~ 22.7 million
Australia is a powerhouse of the southern hemisphere. The economy benefits from a healthy export industry, a wealth of natural resources, and a highly educated and wealthy population. The country has been ranked as the 10th easiest place in which to do business and has seen an above average economic growth rate for the last 15 years. The population is highly urbanized and located primarily in major cities along the coastline. The cities of Melbourne, Sydney, and Perth have been consistently rated amongst the top ten most livable cities on earth, and the United Nations has ranked the nation as having the second highest human development on earth. Being a great environment to live and work, Australia is an excellent place to do business in.
Australia – The World Factbook
Following two decades of continuous growth, low unemployment, contained inflation, very low public debt, and a strong and stable financial system, Australia enters 2015 facing a range of growth constraints, principally driven by a sharp fall in global prices of key export commodities. Although demand for resources and energy from
Australia Economic Report | Outlook, Statistics and Forecasts
Australia’s weakening dollar is keeping the country from experiencing the full impact of the commodities glut and slowing growth in its major trading partners. The AUD has depreciated 15% on a trade-weighted-basis over the past year, giving a boost to struggling resource exports, as well as playing an important role in helping to shift the country’s export profile from commodities to the service sector.
Industry Trends & Business Climate
Australia GDP Growth Rate – Trading Economics
The Gross Domestic Product (GDP) in Australia expanded 0.20 percent in the second quarter of 2015 over the previous quarter. GDP Growth Rate in Australia averaged 0.87 percent from 1959 until 2015, reaching an all time high of 4.40 percent in the first quarter of 1976
Growth – Why Australia – For international investors
The Australia Benchmark Report provides rich data demonstrating why there is no better place than Australia to do business. The report examines five key reasons for investing in Australia – Growth, Innovation, Talent, Location and Business – and compares Australia’s credentials with other countries.
Establishing a Presence
Doing Business in Australia – World Bank Group
This page summarizes Doing Business 2015 data for Australia. The first section presents the Ease of Doing Business rank (out of 189 economies) and the distance to frontier (DTF)** measure, overall and by topic. The second section summarizes the key indicators for each topic benchmarked against regional averages.
Setting up a business in Australia
Setting up a business in Australia. There are a number of important considerations for investors when deciding on how to enter the Australian market or when establishing a business in Australia.Investors will generally need to choose between establishing a new company, registering as a foreign company or acquiring an existing company.
Business Types – Business structures and types | business.gov.au
The four main business structures commonly used by small businesses in Australia are: Sole trader: an individual trading on their own. Partnership: an association of people or entities running a business together, but not as a company. Trust: an entity that holds property or income for the benefit of others. Company: a legal entity separate from its shareholders.
Business Registration Requirements – Register your business name | business.gov.au
A business name, also known as a trading name, is simply a name or title under which a person, or other legal entity, trades. Your business name not only identifies you to your customers, but also allows you to differentiate yourself from your competitors and enables your customers to make an emotional connection to your business and brand. For many businesses, the name is often the most valuable asset. If you register a business name, it will be connected to your Australian Business Number (ABN).
Business Registration Requirements – Registering a business name | ASIC
Registering a business name Here you will find all the information you need to know about registering a business name in Australia. This includes guidance on how to get an Australian Business Number (ABN) or apply for a trademark and an outline of our registration fees
Corporate – Company tax | Australian Taxation Office
Australian Tax Office website for Business taxes.
Corporate – Australia Corporate Tax Rate – Trading Economics
The Corporate Tax Rate in Australia stands at 30 percent. Corporate Tax Rate in Australia averaged 35.97 percent from 1981 until 2015, reaching an all time high of 49 percent in 1986 and a record low of 30 percent in 2002. Corporate Tax Rate in Australia is reported by the Australian Taxation Office.
Personal Income Taxes – Individual income tax rates | Australian Taxation Office
Personal Tax Rates from the Australian Taxation Office.
Personal Income Taxes – Australia Personal Income Tax Rate
The Personal Income Tax Rate in Australia stands at 45 percent. Personal Income Tax Rate in Australia averaged 45.67 percent from 2003 until 2014, reaching an all time high of 47 percent in 2004 and a record low of 45 percent in 2007. Personal Income Tax Rate in Australia is reported by the Australian Taxation Office.
VAT – Goods and services tax (GST) – Australian Taxation Office
Goods and services tax (GST) is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia.
- Work Permits – Australian Work Visas http://www.border.gov.au/Trav/Work
Australian Travel Visa
This visa lets you visit Australia: to visit or for business visitor purposes for up to three, six or 12 months.
Telecom/IT – Australia – Telecoms – International Networks
Australia’s advanced and extensive telecommunications infrastructure spans the country and extends across the Tasman and into Asia. This report covers international developments in undersea cable and satellite based infrastructure, including backbones across the Tasman Sea and to Asia and the USA
Telecommunications in Australia
Telecommunications in Australia
Transport – Department of Infrastructure
Safe, efficient and sustainable domestic and international transport systems are vital to Australia’s continuing prosperity. The Australian Government, through the Department, contributes to the prosperity of the economy and the wellbeing of all Australians by supporting and enhancing our transport systems.
Public transport and private vehicles
Find information for vehicle owners and links to state and territory public transport information.
Rights and obligations – Fact sheets
Rights & obligations: We provide fact sheets that cover a range of workplace rights and obligations. Current fact sheets include:…..
Labor Rules and Obligations – Labor Laws in Australia
Labor rules in Australia are complicated as there are many laws to protect the worker. Also, each state and municipality in Australia can legislate their own points related to the labour law.
Social Insurance – Benefits and Payments | australia.gov.au
The Australian Government provides a range of government benefits, payments, pensions and support services, through the Department of Human Services- external site (Medicare, Centrelink and Child Support) and the Department of Veterans’ Affairs- external site.
Employing people | business.gov.au
Australian Government | Business – business.gov.au … There are a number of legal obligations that you need to consider when hiring people. … Before you hire staff, you’ll also need to be aware of your responsibilities as an employer.
Holidays in Australia
Schedule of national, state and religious holidays
Standard of Living – Cost of Living in Australia. Prices in Australia.
Cost of living information includes price indices for rent, food, utilities, transportation, restaurants, clothing and more
Standard of Living – Australia – OECD Better Life Index
Australia performs very well in many measures of well-being relative to most other countries in the Better Life Index. Australia ranks at the top in civic engagement and above the average in environmental quality, health status, housing, personal security, jobs and earnings, education and skills, subjective well-being, social connections, but below average in work-life balance.
Business Etiquette – Australia – International Business Etiquette and Manners
Being punctual is critical. Maintain good eye contact during meetings and conversations.
Business Etiquette – Australia Guide: Business etiquette, Clothing, meetings and …
Australians have quite a casual culture, but don’t be fooled and think this is how they always are. In business they can be quite different.
Safety -Australia – US Department of State
US Department of State – Go to Safety and Security for updates from the Australian government
Safety – Australia is rated best place to live and work for third year
Australia is the best place in the world to live and work, according to the Organisation for Economic Co-operation and Development.
Climate Australia – Weather Online
Due to the huge size of the continent, Australia has several different climate zones. The northern section of Australia has a more tropical influenced climate, hot and humid in the summer, and quite warm and dry in the winter, while the southern parts are cooler with mild summers and cool, sometimes rainy winters.
Education Information – Australian Schools
Each Australian State and Territory oversees its own education system, and there are small variations between the education systems of each State and Territory. There are two main education sectors within each State – Government schools and Non-Government schools. Non-Government schools are classified as either Catholic schools or Independent schools. Most Independent schools have a religious affiliation, but some are non-denominational. All Government schools are non-denominational.
Education & Schools – [PDF]The Australian education system
This document provides a brief overview of the Australian education system and the quality assurance arrangements within each sector. Detailed information is also available in the Australian Country Education Profile which can be downloaded from the Australian Education International website.
Demographics – Australia Demographics Profile
Demographic information includes population, quality of life, health, sports, technology, energy and the environment
Demographics – Australian Demographic Statistics
Australian Bureau of Statistics. Demographic report for Australia.
Trade Agreements – Department of Foreign Affairs
Australia has commitments under the World Trade Organisation (WTO) on tariffs and tariff quotas, export subsidies and domestic support for agricultural products.
Import & Export Regulations – Australian export and import laws – Austrade
Businesses considering importing should be aware of government regulations, duty taxes, permits, and quarantine and treatments that apply to imported goods. Imports that do not meet these requirements can be seized by the Australian Customs and Border Protection Service.
Housing and Rentals
House and apartment information in states and territories
Rental Properties, Homes for Rent and Apartments to Lease Housing and Accommodations –
Australian house and apartment rental website
Visit Australia – Travel & Tour Information
Australia Visitors website
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