Australia's Business Environment
Ranked fifth in the world for economic freedom by the 2018 Index of Economic Freedom, Australia’s effective governance and control of corruption provide multinationals with a safe, secure business environment. Multinationals can benefit from Australia's network of free trade agreements, strong business and cultural ties with Asia and longstanding trade, investment and research links with Europe and North America. There is no better business partner than Australia.
Efficient Regulatory Environment
A stable, friendly and efficient environment for doing business
Australia is rated among the most business-friendly economies and has one of the world's most robust regulatory environments. The nation ranks highly on social capital, the soundness of its banks, central bank policy, and the economy's resilience to economic cycles. Australia is also in the world's top 10 for business legislation (complexity of tariff, equal opportunity and efficiency of clearance processes), judicial independence and rule of law.
One of the top two most transparent real estate makets in the world
Australia’s real estate market was rated the world’s second most transparent in 2018 after the UK, and ranked significantly higher than any other location in Asia. This is a major attraction for global real estate investors, corporate occupiers, retailers and hotel operators transacting, owning and operating real estate in Australian markets.
Easy Place to do Business
Doing business in Australia doesn’t get much easier
Australia is one of the easiest countries in the world to set up and operate a business, ranking in the top 20 out of 190 economies. It takes around 2.5 days and a minimum of three procedures to start a business. Australia is also placed in the top 10 for enforcing contracts (5th), getting credit (8th) and dealing with construction permits (9th).