Australia's Dynamic Industries
The Australian Government welcomes foreign investment. As the Australian Government’s investment promotion agency, Austrade works to inform investors about growth opportunities in five areas which play to our strengths, jointly agreed by Australian and State and Territory Governments:
- Agribusiness and food
- Major infrastructure
- Tourism infrastructure
- Resources and energy
- Advanced manufacturing, services and technology
Within advanced manufacturing, services and technology, Austrade focuses on highlighting growth opportunities for investment in Australian medical and materials sciences and technologies, and digital technologies.
Australia has achieved significant global success in the energy and resources, agribusiness, education, tourism and financial services industries.
The country is also developing and commercialising new disruptive technologies in a range of sectors, including agriculture, education, financial services and healthcare.
Australia is renowned for its resources sector, upon which Asia continues to rely to help fuel its industrialisation. Australian agricultural commodities and premium food are in high demand worldwide, as are its tourism, education, wealth management, healthcare and professional services.
- the world’s largest producer of gold, iron ore and uranium
- a major global producer of agricultural commodities
- a leader in investment management, with the sixth largest pool of funds under management in the world
- the world’s third most popular destination for students
- the seventh largest international tourism market.
GLOBALLY SUCCESSFUL IN FIVE KEY INDUSTRIES
Australia is a major producer of in-demand agricultural commodities, premium food and natural resources. The nation is a leading destination for international tourists and students in tertiary education. It also has large, expanding, sophisticated financial markets, including the world’s sixth largest pool of managed fund assets.
A LEADER IN NEW TECHNOLOGIES
Australia’s transition to a services-based economy is driving the development of new technologies in agriculture, education, financial services and health, among other sectors. This includes the use of blockchain in finance, immersive simulation technologies in education, robotics in medical procedures and the Internet of Things in agriculture.
ABUNDANT RESERVES OF MINERAL AND ENERGY RESOURCES
Australia’s natural resources continue to be a vital contributor to the nation’s wealth. It has the world’s largest resources of iron ore, gold, lead, zinc, nickel, rutile and zircon, as well as the second largest bauxite, cobalt, silver and copper reserves. Australia also has the world’s largest uranium reserves and the second largest brown coal deposits, enabling it to play an important role in supplying the world’s energy needs.