Australia depicted consistent, positive economic growth over the decade of 2001 to 2011, even during the time of the global recession. The country holds huge potential in industries such as mining, manufacturing, wholesale, retail trade, and finance and insurance. The Australian economy is expected to reach an estimated $1.99 trillion at the current prices by 2018 with a steady growth through 2018.
Lucintel, a leading global management consulting and market research firm, has analyzed the Australian economy and presents its findings in “Australia Country Analysis 2013-2018: An Evaluation of Political, Social, Economic, and Business Risk.” Australia is rich in natural resources, as it has some of the world’s largest reserves of brown coal, nickel, silver, uranium, iron ore, and zinc. It has the world’s second-largest reserves of bauxite and tantalum. One of the major attractions of the Australian economy is the country’s political stability, which lures investors from around the world.
Lucintel study also points out some of the negatives that the Australian economy is likely to face. Issues related to the nation’s aging population are likely to result in increasing dependency ratio. The government is anticipated to spend more on pensions and transfer payments for the population aged above 60 years by 2018. This additional spending will increase the country's fiscal deficit. Australia enjoys relatively high income inequality as the top 20% of people account for 47% of the country’s income, while the bottom 20% has only 4.3% of income.
The study of Australia from risk perspective is the major focus of the report. Lucintel’s study provides a concise overview of the political, economic, social, technology, and business risk inherent in the Australian economy. Australia country analysis report can help investors choose the right destination for investment inside the country. The scope of this study includes annual trends for the past 10 years and forecasts of GDP and population for the next six years.
This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. Australia country analysis report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.
To make business, investment, and strategic decisions, you need timely, useful information. Australia country analysis market report fulfills this core need and is an indispensable reference guide for multinational materials suppliers, product manufacturers, investors, executives, distributors, and many more that operate in this market.
Some of the features of this report:
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Trend and forecast for key macroeconomic variables that are useful to make major investment decision.
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Analysis on economic activity, Government debt, investment environment, and trade structure of the country
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In depth political, social, economic and business risk analysis of the country that may have impact on different industries.
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Risk analysis associated with availability of labor, aging population, wage rates, industry policy, business environment, etc.
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More than 23 figures/charts and seven tables are provided in this roughly 65-page report.
Benefits of a Lucintel Report:
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Lucintel’s core competency is in market research and management consulting. In the last 14 years, Lucintel has worked on hundreds of market research studies. Lucintel’s risk reports offer the following benefits:
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Enhance your global growth strategy with key economic and potential industry analysis
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Enhance your risk management using the report's economic, social and business risk analysis.
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Fine tune your business expansion planning with understanding of domestic demand analysis and demographics structure analysis.
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Reduce the investment risk by knowing the analysis of sovereign debt risk, exchange risk, availability of labor and risk associated with country’s policies.
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