The government is now operating in accordance with the Guidance on Caretaker Conventions, pending the outcome of the 2025 federal election.

Helping to power digital transformation

Australia is becoming a regional data centre hub. We are helping to power digital transformation in the Asia Pacific and the adoption of artificial intelligence (AI) technologies.

  • Sydney and Melbourne are both top-ten data centre markets in the Asia-Pacific region.
  • Australia’s abundance of renewable energy resources means we are a great location for regional, green data centres. This includes supplying Asia via subsea cables.
  • Our economy hosts an outsized AI industry. We have over 550 AI companies.
  • Our vibrant AI ecosystem and proximity to Asia means we are becoming a service provider to Asia.

Australia aims to become a global leader in developing and adopting trusted, secure and responsible artificial intelligence, led by the National Artificial Intelligence Centre.

How we can help

Incentives, grants and support

The Department of Industry, Science and Resources administers business innovation grants and initiatives. These initiatives support research, entrepreneurship and commercialisation.

The Industrial Energy Transformation Studies funds engineering and feasibility studies. This helps organisations identify ways to lower energy costs and reduce emissions at their facilities.

Individual states and territories also offer grants and incentives to support commercialisation. These include:

Snapshot - Data centres


Cost effective

It is cheaper to build and operate data centres in Australia than in competing Asian locations.


Sydney

3rd largest data centre market in the APAC region.


Melbourne

8th largest data centre market in the APAC region.

Sources:

  1. Turner & Townsend, Data Centre Cost Index 2023, November 2023
  2. Cushman & Wakefield, 2023 Global Data Center Market Comparison, January 2023
  3. Cushman & Wakefield, 2023 Global Data Center Market Comparison, January 2023

Snapshot - Artificial Intelligence


1st

Australia's ranking in our region for government readiness to take advantage of AI.


11th

Australia's global ranking in 2022 for private investment in AI, up from 14th place in 2013–21.


5,281

The number of applications for AI patents in Australia since 2000.

How Austrade can help

Investors typically establish a new company, register as a foreign company or acquire an existing company. Assess your options with our Investor Guide.

Austrade is Australia’s national investment promotion agency. We attract and facilitate game-changing foreign direct investment into Australia. Our team of business and investment specialists can connect investors to early-stage opportunities in Australia and provide direct and tailored professional assistance. Find out how we can help you invest in Australia.

Available tax incentives include a research and development tax offset, and incentives for early-stage investors in innovative companies.