RECENT NEWS
WA Business News  56 min ago  Comment 
Prime Minister Julia Gillard is still facing resistance from some states after South Australia became the third jurisdiction to sign up to the federal government's schools funding plan.
WA Business News  1 hr ago  Comment 
German minerals processing giant Haver & Tyler has opened a Western Australian outpost, its first branch to be established in Australia.
The Australian  2 hrs ago  Comment 
THE $6 billion Oakajee port project in Western Australia has been officially suspended, with jobs set to go.
Sydney Morning Herald  2 hrs ago  Comment 
Two of Iraq's biggest stars, captain Younis Mahmoud and midfield maestro Nashat Akram, have pulled out of Australia's final Word Cup qualifying match.     
Sydney Morning Herald  3 hrs ago  Comment 
George North and Manu Tuilagi are major doubts for the first Lions Test against Australia in Brisbane next week.     
Sydney Morning Herald  4 hrs ago  Comment 
The Benz that drives itself around the bends has landed in Australia.     
Sydney Morning Herald  5 hrs ago  Comment 
Australia are in grave danger of being knocked out of the Champions Trophy before they even play their final game.     
Sydney Morning Herald  6 hrs ago  Comment 
Cricket Australia chief executive James Sutherland says David Warner should count himself lucky to be available for the first Ashes Test after what he described as a “despicable” incident in a Birmingham bar.     
Sydney Morning Herald  6 hrs ago  Comment 
Sydney Morning Herald  6 hrs ago  Comment 
WA Business News  6 hrs ago  Comment 
The Royal Society for the Prevention of Cruelty to Animals has been working to improve animal welfare practices in Western Australia since 1892. It was one of four organisations to receive a
Sydney Morning Herald  7 hrs ago  Comment 
Former Test captain Mark Taylor says Australia's leadership structure is not "totally out of order" but needs improving and fast.     




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Australia is the 14th largest nation by GDP [1] with 1,010,699USD million.

Trends and Forces

Strong financial services sector

Finance and insurance is the fourth largest sector in Australia's economy, generating 8.1 per cent or A$81 billion of real gross value added in 2007-08. This contribution is up from 6.5 per cent two decades ago. The finance and insurance industry is almost as big as the mining sector (the industry traditionally associated with Australia's economic wellbeing) and its expansion has also aided growth in related sectors such as communications, property and business services. [2]

R&D investment

In 2005-06, business expenditure on research and development increased for the seventh consecutive year to a record $10.1 billion, effectively doubling over the previous five years[3].

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Companies in the Investing in Australia Industry (1692)

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