Australian Business Online Dating Secret Friends Guide
Australian Business Attracts Tourists And Exports
By Julia Barnes
Some say tourism is synonymous with Australian business,
since the tourism, service and financial sectors account
for 69% of the country’s GDP. The good news about Australian
capital is that it’s been continually growing over the
past 15 years, with low unemployment, low inflation
and a strong mining industry.
Drought has been a wrench thrown in Australian agriculture
this year, although the streak of bad luck is forecasted
to improve. Australians live in a very global economy,
having become powerful players in the Asian markets,
especially since many of the immigrants in Oz are from
Japan, the Philippines, mainland China and South Korea.
Globalization is a big part of business in all industrialized
countries, but more so with regard to business in Australia.
Liberal immigration policies following the world wars
has added thousands of citizens from Japan, mainland
China, Vietnam, Fiji, South Korea and the Philippines
to its shores.
Australian Export Dollars Earned In Asian Countries
For this reason, there is a good working relationship
with these other nations and the Chinese industrial
world has a growing demand for Australian minerals and
fuels. The rise of China’s middle class added another
agricultural market to Australia’s list, which previously
exported mainly to Japan.
It is estimated that one out of two of Australia’s
export dollars are now earned in East Asia (3/4 in the
Asia-Pacific realm, in total). Half of Australia’s
foreign direct investment occurs in Asian countries
too.
Small Businesses Employing Millions Of Australians
In addition to spreading its tentacles overseas, Australian
business is very much dependent on the small business
sector. There are 1.2 million small businesses that
employ 3.3 million Australians. Since 2000, these smaller
employers have generated 660,000 new jobs and are responsible
for 42% of all exports.
Sixty-five percent of these small businesses have endured
more than fifteen years, which is an encouraging sign.
Two-thirds of these firms are home-office businesses
and over half of Australia’s "small businesses"
are actually just one self-employed individual contractor
or consultant.
Most of these owners are trade professionals from 30
- 50 years of age, with little formal training, who
used personal finances to get started. It seems that
the entrepreneurial spirit leftover from the gold rush
days is still very much alive in Australia today.
Basic Rules Of Doing Business With Australians
If you plan to do business with Australians, then there
are basic Australian rules you should follow. There
are are a number of options to review including somewhat
obvious courtesies, like maintaining eye contact, being
punctual, waiting at the end of a line, shaking hands
when meeting, not littering and being an active listener.
In Australian society, directness and brevity are appreciated,
as are lively and opinionated discussions. They do not
like it when you hype your company or yourself, as is
often customary in the US.
Gift-giving is not common in Australian business culture,
nor is picking up the tab out-of-turn when buying rounds
at the pub. Australians’ space needs are less than other
places in the world and some women are greeted with
a kiss on the cheek, which may throw some people off
guard.
About the Author:
Julia Barnes is an author of articles on vacations, travel, romantic getaways and dating including
Romantic Getaways,
Romantic Inns,
Romantic Cruises,
Elopement Announcements,
Live Webcams,
Dating,
Matchmaking.
Keep a lookout for more articles coming soon.
More Vacation Getaway Facts....
What is the Australia Act?
The Australia Act of 1986 was a
revolutionary act that allowed the inhabitants of Australia
full power over their judiciary and legislative branches
from the United Kingdom. No longer would the individual
states have someone put into office by people a thousand
miles away. It was essentially giving Australia even
more rights under its own nationhood.
The independent states of Australia
benefited greatly under this act unlike its predecessor
the Statute of Westminster 1931 which gave more power
to the Australian people as a whole but lacked giving
the individual states more power away from the British
throne.
|
