International Business Today: Autumn 2015

International Business Today: Autumn 2015

I was staggered when I read the data in the just-released Why Australia: benchmark report. Although Australia accounts for just 0.3 per cent of the world’s total population, ours is the 13th largest economy internationally. This statistic demonstrates how important trade is to our country’s ongoing success.

This is of course something that has been recognised by successive governments and right now, we’re in a golden era for the formation of bilateral trade agreements between our country and some of the most important emerging markets in the world.

So it’s fitting that the commitment by Australia and China to enter into a free-trade agreement is featured in our cover story this issue. The deal means it will be much easier to do business between China and Australia. It will also reduce costs for importers and exporters and make Australian products more competitive in this massive Asian market.

Alexandra Cain, Editor



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