The Australia that I love is known for its diversity, compassion, generosity and commitment to giving everyone a fair shot. It’s also a great place to live and visit, a quality provider of world-class education, a trusted exported of premium quality goods and services, and an internationally competitive investment opportunity.
Leading investment in Australia and emerging countries in the Asia-Pacific region ask for reliable partnerships and extraordinary skills. It’s a whole new world, a whole new way of doing business. They key to success is a dynamic combination of excellence, hard work, and constant anticipation, based on local experience and guided by global thinking expertise. In other words, “we know first, we act first and we never rest on laurels.”
Doing Business in Australia
Australia has been and will continue to be an attractive location for astute entrepreneurs and visionary investors to discover and capitalise on investment opportunities.
The flexible, market-driven economy encourages new and expanding enterprises, and Australia’s political, economic, legal and social systems are robust and transparent, ensuring stability and surety for anyone conducting business.
Australia’s location and its strong ties with the countries in the region, as well as Europe and the Americas, lend this landscape some unique opportunities for global and regional businesses. Specifically, multinational companies view Australia as presenting the best business case for regional headquarters to target the dynamic Asia-Pacific region.
On this page, you’ll find a guide containing a brief overview of relevant statutory requirements, practical tips, and advice for successfully implementing your business strategy to maximize your chance of overcoming existing business challenges in the Australian market.
Ultimately, this guide aims to make ‘conducting business’ in Australia more accessible and easier to understand. Every business, niche market, and investment objective is different, and the laws and regulations in Australia change from time to time. Accordingly, this guide is intended only as a summary of the issues and is not a legal opinion. If you require more information or advice about your circumstances, please do not hesitate to contact a certified legal practitioner or business advisor.
Below are some of the keys areas that must be carefully considered before engaging in business dealings in Australia, with Australian businesses, government agencies, private organizations and/or incorporated individuals.
Doing Business in Australia 2019 - 2020
> Business Culture and Etiquette
Australians are renowned for being warm, laid-back and fun, and this is reflected in their corporate and business interactions.
Investors or expats anticipating doing business in Australia are sure to find that this friendly, yet professional corporate atmosphere offers a fertile and exciting landscape for business dealings. Being predominantly a market economy in the throes of embracing internationalisation, Australia has evolved into one of the most accessible and interesting countries in which to do business around the world.
> Minimal Racial Challenges
There is no such thing as institutionalized racism in Australia, but isolated incidents of racism and xenophobia can occur anywhere.
Despite rare cases of alleged racial discrimination against minorities of African and Asian heritage, Australia remains the safest location for working, living, investing and conducting business in the Asia-Pacific region.
Insights:
Beyond the Banking Royal Commission: 9 key implications of the Hayne Report for corporate Australia.
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