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Investing in Australia

RECENT NEWS
Economy set for above trend growth: data
Sydney Morning Herald  2 hrs ago  Comment 
Treasurer Wayne Swan has highlighted the comparisons between Australia and the G8 economies that met in Northern Ireland on Tuesday.     
Nine 'to influence' cricket selection
The Australian  3 hrs ago  Comment 
THE Nine Network says it will have some say in team selection and scheduling as part of its new broadcasting deal with Cricket Australia.
IBM quietly slashing Australian jobs
Sydney Morning Herald  5 hrs ago  Comment 
IBM Australia is in the midst of axing up to 1500 Australian staff in a reshuffle that will send many jobs offshore to Asia and New Zealand, according to sources.     
'Dumb Ways to Die' wins big at Cannes
Sydney Morning Herald  5 hrs ago  Comment 
Dumb Ways to Die, a catchy public service announcement from Metro Trains in Melbourne, Australia, won the Grand Prix in the public relations and direct marketing categories at the Cannes Lions festival, representing a world conquest for the little...
World's rich richer than ever
The Australian  5 hrs ago  Comment 
THE world's richest people are richer than ever and Australia's millionaires did not miss out in the spoils.
Bhagwan bags NT co
WA Business News  5 hrs ago  Comment 
Geraldton-based Bhagwan Marine is expanding both its service offering and geographical presence through the acquisition of a Northern Territory company.
Michelle de Kretser wins Miles Franklin Award
Sydney Morning Herald  6 hrs ago  Comment 
A novel about repatriation and dispossession, set in Australia and Sri Lanka, has been named the winner of Australia’s most prestigious literary prize.     
Ahmed off to Africa but in Ashes frame
Sydney Morning Herald  6 hrs ago  Comment 
Pakistan-born spinner Fawad Ahmed is being sent to Africa on an Australia A tour at the same time as the Ashes series.     
Refugee figures a reality check for Australia
Sydney Morning Herald  9 hrs ago  Comment 
More people around the world were forced to flee their homes every day last year than the total number seeking asylum in Australia during the entire 12 months, according to the annual report on global trends by the United Nations refugee...
Small numbers of refugees in Australia: UN
Sydney Morning Herald  3 hrs ago  Comment 
Refugees deserve second chances too
Sydney Morning Herald  3 hrs ago  Comment 




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more ▼WIKI ANALYSIS
 This article describes a geographic region that covers various exchanges, currencies, indices and stocks. View articles referencing this region.
 
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Marcus Tan

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].

Created the geartest articles, you have.

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Companies in the Investing in Australia Industry (1692)

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