Global BusinessAustralia
Australia
- China's 'Most Dangerous Woman' Gets a New Forum
- Are You Getting Scammed by Facebook Games?
- Teen Obesity: Lack of Exercise May Not Be to Blame
- Let's Bail Out the Pot Dealers!
- Army Gains with Muslim Soldiers May Be Lost
- Internet Atrocity! GeoCities' Demise Erases Web History
- The Meaning of Manny Pacquiao
- Was Hasan Inspired by a Radical Imam's Sermons?
- Kevin Clash: The Man Behind Elmo
- The State of Hillary: A Mixed Record on the Job
MULTIMEDIA
GLOBAL BUSINESS
Cultivating South America's Favorite Drink
An American company finds success cultivating South America's popular caffeinated drink
Home Instead: The Business of Granny Care
As the population around the world ages, Home Instead finds that non-medical companionship and care giving can make good business
Belu: Environment-Friendly Bottled Water
A British company focuses on helping the environment and maintaining profits
COUNTRY NAVIGATOR
- Australia
- Capital: Canberra
- GCI Rank: 18 What's This?
Developed for the World Economic Forum by Professor Xavier Sala-i-Martin, the Global Competitiveness Index (GCI) measures the competitiveness of nations using economic statistics and extensive polling of international business leaders.
FEATURED STORIES
Australia
Wombat Love
By "branding" one of Australia's endangered critters, mining's Xstrata polishes its own badge
Sashimi on Demand?
As bluefin-tuna numbers plummet, an Australian says he's found a way to farm the migratory fish
Rio Tinto Explains Bid Rejection
Rio Tinto is laying out new justifications for rejecting a $150 billion takeover bid from rival BHP Billiton Ltd. that would create a global mining behemoth
DOING BUSINESS IN AUSTRALIA
Problematic Factors
- Access to financing
- Restrictive labor regulations
- Foreign currency regulations
- Inadequate supply of infrastructure
- Inefficient government bureaucracy
- Inadequately educated workforce
- Poor work ethic in national labor force
- Policy instability
- Government instability/coups
- Crime and theft
- Corruption
- Tax regulations
- Tax rates
- Inflation
- 0 10 20 30
- Percent of responses
Note: From a list of 14 factors, respondents were asked to select the five most problematic factors for doing business in their country/economy and to rank them between 1(most problematic) and 5. The bars in the figure show the responses weighted according to their ranking.