RECENT NEWS
Cloud Computing  3 hrs ago  Comment 
Yardi Systems, a leading developer of software solutions for the real estate investment, asset and property management industry, announces today that Leighton Properties has selected Yardi Voyager™ as their asset and...
The Australian  9 hrs ago  Comment 
THE chief executives of Australia's mining, utility and construction companies are being urged to make better use of female talent.
Channel News Asia  10 hrs ago  Comment 
ComfortDelGro Corporation's subsidiary, CDC Victoria Pty Ltd, is acquiring transport company Driver Group Pty Ltd for S$27 million.
Mining Weekly  May 20  Comment 
ASX-listed Apex Minerals on Monday announced that it had terminated the memorandum of understanding (MoU) with Ever Prosperity Investment for the sale of its Wiluna gold mine, in Western Australia. Apex had agreed to a 60-day extension of the due...
Cellular News  May 20  Comment 
Australia's Optus has outlined plans to launch a TD-LTE based network, with a commercial launch now talking place next month, slightly later than originally expected. Click here for more.
Sydney Morning Herald  May 20  Comment 
Motorcycle helmets sold in Australia do not meet local standards and are "potentially dangerous".     
Sydney Morning Herald  May 20  Comment 
After a Twitter rant against journalists, batsman David Warner will have a Cricket Australia hearing on Wednesday.     
Cloud Computing  May 20  Comment 
~ Australia an advanced data centre service market in APAC; revenues in excess of A$1.5 billion by 2019~ read more
The Australian  May 20  Comment 
AUSTRALIA will welcome its first Dreamliners when Jetstar receives three Boeing 787s at the end of the year, Qantas says.
Sydney Morning Herald  May 20  Comment 
Steroids and hormones are flooding into Australia compared to a decade ago and detections of amphetamines and ecstasy at the border increased by more than 50 per cent in a year, the annual report card of drug seizures has found.     




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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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