GSBS6003: Australia's Attractiveness for Foreign Direct Investment

This report analyzes the attractiveness of Australia for foreign direct investment (FDI), considering economic, political, and legal factors. The analysis begins with an overview of the Australian economy, including its liberalization in the 1980s and its current ranking in ease of doing business. Economic factors, such as Australia's strong economic background, triple-A credit rating, and membership in international economic organizations, are examined. The report also details key industries attracting FDI, such as mining, manufacturing, and financial services. Legal factors, including the federal government's Foreign Investment Policy and the role of the Foreign Investment Review Board (FIRB), are discussed. The report also addresses political factors, including political stability and governance effectiveness. The conclusion summarizes Australia's suitability for FDI, highlighting the mining and quarrying industry's potential and the country's legal and political frameworks. References to relevant sources are provided to support the analysis.