Doing Business with Australia
The ‘Doing Business with Australia Guide’ website is now live and the hard-copy brochures are currently being distributed.
12th November 2020 – The ‘Doing Business with Australia Guide’ is now officially live and can be accessed via: www.Australia.DoingBusinessGuide.co.uk
The main objective of this Doing Business with Australia Guide is to provide you with basic knowledge about Australia; an overview of its economy, business culture, potential opportunities and to identify the main issues associated with initial research, market entry, risk management and cultural and language issues. We do not pretend to provide all the answers in the guide, but novice exporters in particular will find it a useful starting point. Further assistance is available from the Department for International Trade (DIT) team in Australia. Full contact details are available in the guide.
To help your business succeed in Australia we have carefully selected a variety of essential service providers as ‘Market Experts’; Commonwealth Bank of Australia, Dentons Australia Ltd, Informed Solutions, Quest Apartment Hotels, Radisson Blu Plaza Hotel and Sheltons Accountants Australia.
The guide has been produced by International Market Advisor, in partnership with the Institute of Export & International Trade, and with support from the British High Commission Canberra and the Australian British Chamber of Commerce.
Five things to know about exporting to Australia:
- The UK and Australia are very similar. Therefore, if your product or service is successful in the UK, there is a high chance that it will be successful in Australia.
- The UK is Australia’s tenth-largest source of goods imports and second-largest in terms of services, showing that trade and investment between the two countries remains strong.
- Australia has avoided recession for 28 years, making it, in recent decades, one of the most resilient and best performing advanced economies worldwide.
- There are numerous opportunities for UK companies wishing to do business with Australia, such as in the education, energy, healthcare, creative industries, ICT, professional and financial services, and transport and infrastructure sectors.
- Australia ranks 14th out of 190 countries in the World Bank’s 2020 Ease of Doing Business Index.
Source: Institute of Export & International Trade