2024 AI LEADERSHIP SUMMIT HIGHLIGHTS
CEDA released a research report on 27 April 2017 that examines Australia’s outbound investment. The report assesses whether Australia has the right institutional setting to support an outbound focus for business, and discuss case studies of successful foreign investments by Australian businesses.
Read and download report: Outbound investment
Read media release: Brexit and Trump mean opportunities for Australia lie in Asia
For 200 years Australia has utilised foreign investment to develop its economic potential. However, as a mature economy, and with the end of the mining boom, outbound business investment will play an increasingly important role in the nation’s economic growth.
While there is considerable interest about inbound investment into Australia, the nature of the country’s outbound investment has received less attention. However, Australian businesses investment abroad can benefit these companies by exposing them to international markets, create high skilled jobs in Australia, integrate Australia in global value chains and increase the nation’s engagement with the region, contributing to economic growth.
With global economic growth increasingly being generated by developing economies, and the IMF describing the anaemic economic growth in the developed world as ‘the new mediocre,’ the importance of Asia’s economies has never been greater.
Internationalisation, through investment in offshore facilities, has received domestic criticism for shifting operational jobs out of Australia. However, such a shift could be vital for preserving remaining jobs and creating new roles in the domestic economy; and may also help companies to develop economies of scale or achieve logistics cost reductions.
Chapter one: Outbound investment and the macroeconomyProfessor Renée Fry-McKibbin, Professor of Economics, Crawford School of Public Policy; and Associate Dean of Research, College of Asia and the Pacific, Australia National University (ANU) |
Chapter two: Institutional settings: adopting an outbound focusThe Hon. Dr Craig Emerson, Managing Director, Craig Emerson Economics; President, Australia China Business Council NSW; Adjunct Professor, Victoria University College of Business; Columnist, The Australian Financial Review; and Council of Economic Policy Member, CEDA |
Chapter three: The Asian OpportunityAndrew Parker, Partner, PwC |
Chapter four: Integrating Australian agriculture with global value chainsProfessor Alice Woodhead, Professor University of Southern Queensland Greg Earl, Contributor, The Interpreter; and Board Member, Australia ASEAN Council; and Dr Shane Zhang, Senior Lecturer, University of Southern Queensland |
Chapter five: De-risking AsiaMegan Mulia, Director, Research and Information, Asialink Business |
This report will be launched in Melbourne on 27 April 2017 with events to follow across Australia.
Sydney | 2 May 2017 | Adelaide | 3 May 2017 |
Perth | 4 May 2017 |
Brisbane | 8 May 2017 |
On the CEDA blog: Where is the national fix to food fraud? Andrew Parker, Partner, PwC
Watch the report launch event, held in Melbourne, or read the discussion here: Supply chain on the way out, Dr Craig Emerson
CEDA Research and Policy Committee Chairman, Professor Rodney Maddock discusses opportunities for Australia and the importance of tilting away from our traditional trade partners to ensure economic growth with ABC's Peter Ryan.
Australia has fallen four places to 22nd in a global ranking of the competitiveness of 64 nations released today. It is Australia’s worst result in 25 years.
Read more International affairs February 14, 2017In the 2009 WYC, Australia maintained its ranking of 7th place of the 57 nations.
Read more International affairs June 29, 2016Following the referendum on the United Kingdom's continued membership of the European Union, CEDA's 2016 Information Paper, Brexit explained, discusses the leave and remain campaigns, implications for business and the economy, political fallout and implications for Australia.
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