Overview

1
Overview

• GeographyTotal Area 7 686 850 km2
  Coastline 25 760 km

2

• Population 19 169 083 (July 2000)
• Age Structure 0-14 years 21
  15-64 years 67
  65 years and over 12
• Population growth rate 1.02
• Birth rate13.08 births/1 000 population
• Death rate7.12 deaths/1 000 population

3

• Infant mortality rate5.04 deaths/1,000
  population
• Total population 0.99 male/female
• Life expectancy 79.75 years
• Male 76.9 years
• Female 82.74 years
• Ethnic Groups Caucasian 92, Asian 7,
  aboriginal and other 1
• Languages English, native languages.

4

• Literacy 100 aged 15 and over can read and
  write
• States and Territories
• 6 states Victoria, New South Wales, Tasmania,
  South Australia, Western Australia and
  Queensland.
• 2 territories The Australian Capital Territory
  and The Northern Territory.

5
History

• 1600- Explorers from Europe first claim New
  Holland
• 1770- Lieutenant James Cook claims land as
  British Possession
• 1850- Convict transportation to Western Australia
  begins
• 1901- Commonwealth of Australia is inaugurated

6
History

• 1999- Referendum on whether Australia should
  become a Republic.
• Outcome was no.
• Australia is still a constitutional monarchy
  under Queen Elizabeth II
• 1 Jan 2001- Commonwealth of Australia will be 100
  years old.

7
Institutions Government.
8
Government

• Democratic, federal-state system recognising the
  British monarch as sovereign
• Capital Canberra
• A written Constitution defines the
  responsibilities of the federal government, which
  include foreign relations and trade, defence and
  immigration.
• Elections every 5 years - voting compulsory.
  Penalty of A 120 (approx. 40)

9
Institutions, Religion.

• Anglican 26.1
• Roman Catholic 26
• Other Christian 24.3
• Non Christian 11

10
Institutions, Taxation

• New tax system on July 1st 2000, The GST (Goods
  and Services Tax)

11
Natural Resources

• Forestry
• annual turnover of over 11 billion
• second largest manufacturing industry
• Minerals
• the worlds largest economic resources of lead,
  mineral sands, tantalum, uranium, silver and zinc
• An Under-Explored Continent
• New techniques for exploration

12
Natural Resources

• Coal Exploration
• largest exporter of black coal
• 75 is exported
• major markets Japan and Asia
• Petroleum
• Extensive potential petroleum basins
• Remains under-explored

13
Natural Resources

• Foreign Investment
• not obliged to seek Australian participation in
  exploration activities
• not required to seek approval under foreign
  investment policy
• exempt from examination under the Foreign
  Acquisitions and Takeovers Act 1975

14
Workforce

• 8.9 million people
• Highly Skilled
• experienced management pool
• substantial international and Asian experience
• training
• information age literacy
• Education
• Stable

15
Workforce

• Multicultural
• Western business culture with a workforce skilled
  at operating in both Asian and Western business
  environments.
• language skills Australians speak more than 100
  world languages.
• Case Study Citibank

16
Infrastructure

• Communication and Media
• Telephone Excellent domestic and International
  service
• Telstra Corporation
• Optus
• Vodaphone
• Newspapers and Magazines
• 1200 magazine titles
• TV 41 commercial television stations 3 satellite
  stations

17

• Transportation
• Airports Scheduled domestic services 18 million
  a year.
• With paved runways 265
• With unpaved runways 143
• Railway Long Straight, 478.4 Km (297 miles)
  World longest straight stretch of
  railway.
• Total 33,819 Km (2,540 electrified)
• Ports Australia has about 70 ports of commercial
  significance.
• E.g. Adelaide, Brisbane, Melbourne, Sydney...

18
Economy

• Capitalist economy.
• Major exporter of agricultural products,
  minerals, metals, and fossil fuels.
• 4 annual growth in the last five years.
• Industries mining, industrial and transportation
  equipment, food processing, chemicals, steel.
• Importance of tourism

19
Figures

• GDP A625 billion (240 billion)
• Inflation rate (consumer prices) 1.8 (1999)
• Labour force - by occupation
• services 73, industry 22, agriculture 5 (1997)
• Unemployment rate 7.5 (1999)
• Exports-Partners Japan 20, EU 14, ASEAN 11,
  US 10 (1998).
• Imports-Partners EU 24, US 22, Japan 14,
  ASEAN 12 (1998).

20
Risk

• Military Manpower 4,282,821 (2000 est.)
• Climatic risk Coastal, cyclones, severe
  droughts.
• Low risk of war.
• Internal tensions - Racial problems.
• Stable political System.
• Drugs Tasmania.
• Corruption Score 8.3/2000 CPI .

21
Business Culture

• Hofstede.
• Carried out amongst IBM workers in gt50 countries
• Questions asked in following areas
• masculinity VS femininity.
• Power distance.
• Uncertainty avoidance.
• Individuality.

22
Hofstede Study

• Migrants from Europe first populated Australia,
  therefore similar culture.
• Britain Australia scored similarly in all areas
• Mergers investments stand good chance of
  success.

23
Hofstede
24
Hofstede
25
Power Distance / Individualism
26
Ten Good Reasons to Invest in Australia

• 1. Cost competitive location
• 2. Committed and stable workforce with a
• low rate of industrial disputes
• 3. Highly skilled workforce
• 4. World class information technology and
• telecommunications
• 5. Proximity to Pacific Rim
• 6. High growth and low inflation economy

27
Ten Good Reasons to Invest in Australia

• 7. Well-managed fiscal and monetary policies
• 8. Open and efficient regulatory
  
• environment
• 9. Welcoming government attitude to foreign
• investment
• 10. Stable political system and a great
• physical environment and lifestyle

28
Sources

• http//www.aph.gov.au/
• http//www.taxreform.ato.gov.au/indihome/
• http//www.pm.gov.au/
• http//global.australia.com/
• http//www.investaustralia.com
• http//www.cia.gov
• Cultures and organizations software of the mind.
  Hofstede, G, 1991.