Australian setup: Is Australia an attractive market for UK business to Expand into?

July 25, 2021by Michael Derin0

Many foreign companies which have registered a business in Australia in the last two years are growing steadily. In 2020 the Australian government instituted measures to protect businesses during the COVID-19 pandemic. As a result, the Australian economy entered 2021 very well-placed and it is set to become the world’s 12th largest economy in 2021, up two places from 2019, according to the International Monetary Fund.

Australia is among the countries with the largest GDP worldwide, and thus one of the largest economies. In 2020, GDP in Australia amounted to about AUD 1.9 trillion (GBP$1.02 trillion).

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Have you noticed our #FridayExpertTips… here’s one that relates to #International

One common problem that international entrepreneurs encounter is that they don’t have all of the resources supporting them in a foreign country. Finding the right support could be critical for global success.”

Michael Derin

Michael Derin

Michael Derin, Azure Group's Founding Partner and Chairman has over 28 years’ experience as a qualified Chartered Accountant within the business and commercial sectors. Michael works across our Technology, Corporate Advisory and CFO operations, managing highly complex projects to success.

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