Assessment of Australia's Business Climate: An International View

This report analyzes the ease of doing business in Australia based on the World Bank's Doing Business report. It highlights reassuring factors such as simplified tax payment procedures, low business startup registration fees, and better credit access, making Australia a conducive environment for new businesses. The report also addresses concerns like severance pay obligations and increased annual leave entitlements for workers. It contrasts Australia's business environment with that of Mexico, emphasizing Australia's cost-effectiveness and various incentives for startups, including online registration and accessible credit facilities. Overall, the report positions Australia as a favorable destination for international business ventures despite certain labor market regulations.