Australia’s economy is strong and resilient, consistently outpacing other advanced economies. Australia is forecast to continue to outperform our peers over the next 5 years to 2029. Other solid fundamentals include low taxes and the top ranked legal system in the world. This offers predictability and protection for investors.
Strong global ties make Australia a prosperous trading nation. Our healthy economic outlook partly reflects the prosperity of Asia. Australia also enjoys the trade benefits of being close to many of the fastest growing economies in the world. Our global ties have also led to significant growth in foreign investment in Australia over the past two decades.
Australia is a global leader in renewable energy and critical minerals, with strong tech credentials. We have the highest global ranking for skills related to adopting and adapting frontier technologies.
