About foreign investment
Why invest in Australia?
The Why Australia Benchmark Report 2022 is an annual publication by the Australian Trade and Investment Commission that details the advantages of choosing Australia as an investment destination. Some of these advantages include:
Consistent economic growth
Australia experienced 29 years of uninterrupted annual growth from 1990-91 to 2018-19, unequalled by any other developed economy (Australian Bureau of Statistics).
Highly skilled workforce
Australia has the ninth highest proportion of 25–64 year olds with tertiary qualifications in 2020 (OECD Education at a Glance 2021, Table A1.1). Approximately 47% of Australia’s workforce has a tertiary qualification (ABS, 2021, Education and Work).
Australia's location gives us an edge in two ways – through strong geographic, trade and cultural links with the fast-growing Indo-Pacific region – and by providing a bridge with 24-hour connectivity between the world's major time zones in Europe, Asia and the Americas.
As a stable parliamentary democracy, the quality of governance in Australia is among the best in the world, with Australia ranking 14th in 2020 in the World Bank's Worldwide Governance Indicators (2021).
Australia's strategically located ports, well-planned rail and road transport networks and efficient logistics chains have been designed with the needs of business in mind.
For more information, contact Austrade.