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.”
